On October 16, 2023, Fonterra Co-operative Group Limited announced that it received 4 shareholder proposal from Richard Dampney to consider and, if thought fit, to resolve as a special resolution 1) That the number of Appointed (Independent) Directors be reduced from four to two. 2) That the number of Farmer Elected Directors remain. 3) Independent Directors provided they have had a five year stand down and 75% approval is attained from voting shareholders.

4) That the Independent Assessment Panel for Elected Directors be scrapped.