Initial Interest Disclosure – Donna Smit

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INITIAL DISCLOSURE NOTICE
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(1) and 298(1) Financial Markets Conduct Act 2013

To NZX Limited; and

Name of listed issuer: FSF Management Company Limited
Date this disclosure made: 16 November 2018
Date of last disclosure:


A Director or senior manager giving disclosure

Full name(s):
Donna Maree Smit
Name of listed issuer:
Fonterra Shareholder Fund
Name of related body corporate (if applicable):

Position held in listed issuer:
Director

B Summary of relevant interest (excluding specified derivatives)

Class of quoted financial product: Ordinary Units in the Fonterra Shareholders’ Fund
Nature of relevant interest: Director and Shareholder of Seven Mile Farms Limited
Number held in class: 3,063
Current registered holder: Seven Mile Farms Limited

Class of quoted financial product: Ordinary Units in the Fonterra Shareholders’ Fund
Nature of relevant interest: Director and Shareholder of Corona Farms Limited
Number held in class: 9,317
Current registered holder: Corona Farms Limited

C Summary of specified derivatives relevant interest (if applicable)

Type of derivative:
Class of underlying financial products:
Details of derivative
The notional value of the derivative (if any) or the
notional amount of underlying products (if any):

A statement as to whether the derivative is cash settled
or physically settled:

Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price specified in the terms of the derivative(if any):
Any other details needed to understand how the
amount of the consideration payable under the
derivative or the value of the derivative is affected by
the value of the underlying financial products:

For that derivative,-

Parties to the
derivative:
lf the
director or senior manager is not a
party
to the
derivative, the nature of
the
relevant interest in
the
derivative:
Certification
Signature of
person
authorised to
sign
on behalf of
director or officer:
Date of signature:
Name and title
of
authorised
person:
Notes
Use this form to disclose the
relevant interests that a director or senior
manager of a listed
issuer
has in
quoted
financial
products
of the listed
issuer
or
a related body corporate
or a specified
derivative.
The
disclosure must be
made within 5 trading days of-
(a)
the
listing
of the
public
issuer; or
(b)
the
person's
appointment as
a director or senior
manager.
I
certify that, to
the best of
my knowledge and belief,
the
information
contained in this disclosure
is
correct
and
that
I
am duly authorised to make this disclosure
by
all
persons
for whom
it
is made.
Signature of director
or
officer:
2