Ann: MEETING: FSF: Annual Meeting results

• Release Date: 12/11/14 14:07
• Summary: MEETING: FSF: Annual Meeting results
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					FSF
12/11/2014 14:07
MEETING

REL: 1407 HRS Fonterra Shareholders' Fund (NS)

MEETING: FSF: 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:00257565 For:FSF    Type:MEETING    Time:2014-11-12 14:07:05