In 2015, our industry asked the Government of New Zealand to update the Kiwifruit Export Regulations to allow us to develop a sustainable and long-term plan to maximise the wealth of New Zealand kiwifruit growers.
One particular need is to strengthen grower ownership and control of Zespri. The need is significant. A growing number of New Zealand orchard owners do not own Zespri shares, and over 18 million shares are held by people who have left the kiwifruit industry.
Left unaddressed, the issue is a source of destabilisation to the future growth of the industry. Consequently, some 92 percent of the growers who voted in the Kiwifruit Industry Strategy Project referendum in 2015 backed proposals to improve alignment.
As a result of the change to the regulations, Zespri is now able to propose a number of changes to its constitution to firstly reduce and then secondly reverse non-alignment over time. We are committed to a fair process that is respectful of shareholders, with proposed changes coming into effect over a number of years.
This website aims to inform your understanding of the proposed changes to the Zespri constitution. It explains the resolutions that Zespri will recommend at the Special Meeting of Shareholders on 14 March. It also describes the potential implications for you as individual growers and shareholders.
The recommended changes are vital for the sustainability of the industry.