CHORUS LIMITED — Capital/Financing Update 2025

Nov 24, 2025

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

CHORUS LIMITED

Announcement Type

New announcement

Date of this announcement

Tuesday November 25, 2025

The +securities to be quoted are: Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

These new securities are wholesale debt securities issued under an existing euro medium term note programme.

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
New class - code	EUR 400,000,000 3.529% fixed rate medium term	40,000	26/11/2025
to be confirmed	notes due 2032

Refer to next page for full details of the announcement

Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

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Part 1 - Entity and announcement details

1.1 Name of entity

CHORUS LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ARBN

Registration number

152485848

1.3 ASX issuer code

CNU

1.4 The announcement is

New announcement

1.5 Date of this announcement

25/11/2025

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Appendix 2A - Application for quotation of securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

2.2 The +class of +securities to be quoted is:

New +securities in a class that is not yet quoted on ASX ("new class")

2.3c Have these +securities been offered under a +disclosure document or +PDS?

No

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

These new securities are wholesale debt securities issued under an existing euro medium term note programme.

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of:

Not applicable - the entity has arrangements in place with the holder that ensure the securities cannot be on-sold within 12 months in a manner that would breach section 707(3) or 1012C(6)

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Appendix 2A - Application for quotation of securities

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Part 3C - number and type of +securities to be quoted (new class) where issue has not previously been notified to ASX in an Appendix 3B

New +securities ASX +security code +Security description New class - code to be confirmed EUR 400,000,000 3.529% fixed rate medium term notes due 2032 +Security type ISIN code Wholesale debt securities XS3227367110 CFI FISN DTFNFB CHORUS LIMITED/1EMTN 20321129 Issue date 26/11/2025 Details of wholesale debt securities +Security currency Total principal amount of class Face value EUR - Euro EUR 400,000,000.000000 EUR 10,000.000000 Number of +securities Interest rate type 40000 Fixed Frequency of interest payments per year First interest payment date Annual 26/11/2026 Interest rate per annum 3.529 % Maturity date Class type description 26/11/2032 BVMAWU s128F of the Income Tax Assessment Act status applicable to the +security Not applicable Please provide any further information relating to the principal terms of the +securities

For the purposes of this Appendix 2A (due to an ASX system limitation), Chorus has been required to reduce the face value of the securities above from EUR 100,000 to EUR 10,000 and increase the number of total securities from 4,000 to 40,000. Please refer to the Information Memorandum and the Pricing Supplement released on ASX as at today's date (25 November 2025) for further information regarding the securities, including the face value of each security being set at EUR 100,000.

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Appendix 2A - Application for quotation of securities

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Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities to be quoted or provide the information by separate announcement.

Please refer to the Information Memorandum, Pricing Supplement and Trust Deed released on ASX as at today's date (25 November 2025).

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Appendix 2A - Application for quotation of securities

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Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

+securities subject of this application)
	Total number of
ASX +security code and description	+securities on issue
CNUHC : 3.625% NOTES MAT 07-SEP-2029 MIN CONS $5HT NC	50,000
CNU : ORDINARY FULLY PAID FOREIGN EXEMPT NZX	433,887,294
CNUHB : 0.875% NOTES MAT 05-DEC-2026 MIN CONS $5HT NC	30,000
New class - code to be confirmed : EUR 400,000,000 3.529% fixed rate medium term notes	40,000
due 2032

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
CNUAM : WARRANT EXPIRING VARIOUS DATES EX VARIOUS PRICES	10,277,345
CNUAK : DEBT SECURITY CIP1	376,711,053
CNUAI : EQUITY SECURITY CIP2	306,423,177
CNUAO : DEBT SECURITY CIP2	104,852,093
CNUAN : EQUITY SECURITY CIP1	376,711,053

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