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Chorus Limited (NS) Capital/Financing Update 2022

Aug 25, 2022

66180_rns_2022-08-26_030c67aa-dbdf-4a6b-80e0-76431d437513.pdf

Capital/Financing Update

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Chorus Limited Level 10, 1 Willis Street P O Box 632 Wellington New Zealand

Email: [email protected]

STOCK EXCHANGE ANNOUNCEMENT

25 August 2022

Chorus announces new EMTN debt investor roadshow and Tender Offer for existing €500 million 1.125% 2023 Senior Notes

Chorus has prepared the attached presentation for an investor roadshow commencing Monday 29th August 2022. A Euro denominated 7-year fixed rate benchmark transaction may follow, subject to market conditions. Any transaction will be issued under Chorus’ Euro Medium Term Note ( EMTN ) Programme dated 29th June 2022.

Chorus has also announced an Any & All Tender Offer for its outstanding EUR500m 1.125% Notes due 18 October 2023. Citi, HSBC and MUFG are acting as Joint Lead and Dealer Managers on these potential transactions.

Authorised by: Andrew Carroll Chief Financial Officer (acting)

ENDS

For further information:

Brett Jackson Investor Relations Manager Phone: +64 4 896 4039 Mobile: +64 (27) 488 7808 Email: [email protected]

Steve Pettigrew Head of External Communications Mobile: +64 (27) 258 6257 Email: [email protected]