EastPack Entity Trust (EET) is an independent Trust which administers the distribution of Grower funds. Zespri fruit and incentive payments are made to EET, and EET distribute these payments to growers after deducting charges for packing, coolstorage and other services to EastPack.
EET has rules in place to ensure the fair and equitable distribution of funds to growers and distributes Zespri funds in a manner that may be different to Zespri's payments (for example, fruit loss risk is shared between EET growers).
The EET Forum is made up to Eighteen growers who are elected or appointed to the forum, to represent all major growing regions and grower groups. EastPack Forum meetings are held approximately every two months. The advisors receive full financial reports and discuss, formulate and recommend pool policy, as well as other grower services.
EET Forum Advisors adhere to and promote the following guiding principles:
A contract has been established between EET and EastPack outlining, in precise detail, the payment of services that EastPack carries out on behalf of EET and its growers (coolstorage, condition checking etc).
EastPack is only paid time service and base charges for trays that are shipped. This ensures a management focus on inventory management and storage. This focus enables the business to minimise fruit loss, capitalise on storage payments and maximise grower returns.
The current chairman of the EastPack Entity Trust Forum is Paul Edkins.
Paul can be contacted on 027 560 6706 or [email protected]
The current forum members representing each region are as follows:
The Trust has a financial year that ends on June 30 each year. The latest financial statements for the Trust can be found here.