Monthly Allotment/ Redemption Notice

Fonterra Shareholders' Fund
Monthly Allotment / Redemption Notice
1 October 2022
Issued in reliance on the Fund's waiver from NZX Main Board Listing Rule 3.13.1 dated 24 June 2019. A copy of this waiver can be found at https://
www.fonterra.com/nz/en/investors/fonterra-shareholders-fund.html.
Please be advised that during the month of September 2022 the following allotments and
redemptions of units were made in the Fonterra Shareholders' Fund. Each unit was
allotted or redeemed in consideration of the transfer of one share in Fonterra Co-operative
Group Limited to or by Fonterra Farmer Custodian Limited.
(a)
Class of Security and I SIN: FSF Units, ISIN: NZFSFE0001S5
(b) Number of Securities:
Allotted: 0
Redeemed: 290
Net Redemption
290
(c) Percentage of total Class of Securities:
Allotted: 0.0000000%
Redeemed: 0.0002700%
Net Redemption % 0.0002700%
(d)Reason for redemption: Each unit was allotted or redeemed in consideration of
the transfer of one share in Fonterra Co-operative Group Limited to or by Fonterra Farmer
Custodian Limited.
(e)Specific authority for allotment: Fonterra Shareholders' Fund Unit Trust Deed between
FSF Management Company Limited, the New Zealand Guardian Trust Company Limited
and Fonterra Co-operative Group Limited, and the Custody Trust Deed for the Fonterra
Economic Rights Trust between FSF Management Company Limited, the New Zealand
Guardian Trust Company Limited, Fonterra Co-operative Group Limited and Fonterra
Farmer Custodian Limited.
(f)Terms or details of
the redemption: The units allotted rank pari-passu with
the existing units on issue.
(g)Number of Securities of the Class in existence at close on 30/09/2022 after
the redemption (exclusive of Treasury Stock):
(h)Previous number of Securities of the Class in existence at close on
31/08/2022 before the redemption (exclusive of Treasury Stock):
Andrew Cordner
107,417,032
107,417,322
On behalf of the Fonterra Shareholders' Fund. FSF Management Company Ltd (Australian Registered Business Number 190 539 935,
incorporated in New Zealand) is the manager of the Fonterra Shareholders' Fund.
taf@fonterra.com
Phone +64 9 374 9000
Private Bag 92032, Auckland, 1142, 109 Fanshawe Street, Auckland Central, Auckland, 1010 New Zealand
www.fonterra.com