FCG
12/11/2014 14:07
MEETING
REL: 1407 HRS Fonterra Co-operative Group Limited
MEETING: FCG: Annual Meeting results
RESULTS OF SHAREHOLDER VOTING AT FONTERRA ANNUAL MEETING
12 November 2014
Fonterra shareholders have voted to pass six of the seven resolutions at this
year's Annual Meeting.
Resolution seven, a special resolution put forward by a Fonterra shareholder,
Mr Murray Beach, was not passed. The Board and Shareholders' Council had
earlier recommended that shareholders vote against this resolution.
The results of the resolutions are:
RESOLUTION RESULT - % in favour
Resolution 1: Approval of remuneration of Directors 88.52%
Resolution 2: Approval of remuneration of Shareholders' Council 86.45%
Resolution 3: Approval of remuneration of members of Directors' Remuneration
Committee 90.12%
Resolution 4: Appointment of PricewaterhouseCoopers as auditor and
authorisation of the Directors to fix the auditor's remuneration 96.72%
Resolution 5: Approval of Shareholders' Council programme and budget 88.74%
Resolution 6: Ratification of appointment of John Waller 93.35%
Resolution 7: Mr Beach's Proposal 19.40%
End CA:00257564 For:FCG Type:MEETING Time:2014-11-12 14:07:05
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