CHORUS LIMITED — Major Shareholding Notification 2024

Feb 14, 2024

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme CHORUS LIMITED

ACN/ARSN 152 485 848

1. Details of substantial holder (1)

Name UniSuper Limited as trustee for UniSuper and UniSuper Management Pty Limited

ACN/ARSN (if applicable) 006 027 121

There was a change in the interests of the substantial holder on 12/02/2024 The previous notice was given to the company on 02/10/2023 The previous notice was dated 02/10/2023

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice	Previous notice	Voting power (6)	Voting power (6)
	Person’s votes	Voting power (5)	Person’s votes	Voting power (5)
Ordinary Shares/Stapled securities	41,767,406	9.63%	46,357,779	10.68%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
Refer to Appendix A

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Persons entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person’s votes
Refer to Appendix B

5. Changes in association

5. Changes in association	5. Changes in association	5. Changes in association
The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:
Name and ACN/ARSN (if applicable)		Nature of association
N/A		N/A
6. Addresses The addresses of persons named in this form are as follows:
Name		Address
UniSuper Limited		Level 1, 385 Bourke Street, Melbourne VIC 3000
UniSuper Management Pty Limited		Level 1, 385 Bourke Street, Melbourne VIC 3000
Signature HarryKavadias sign here		ActingHead of Portfolio and Implementation date 15/02/2024
	sign here

DIRECTIONS

• 1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.

• 2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• 3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• 4) The voting shares of a company constitute one class unless divided into separate classes.

• 5) The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.

• 6) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• 7) Include details of:

• a) any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

• b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies). See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• 8) If the substantial holder is unable to determine the identity of the person ( eg. if the relevant interest arises because of an option) write "unknown".

• 9) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

APPENDIX A

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Persons whose Consideration
Date of Number of Persons votes
relevant interest Nature of Change given in relation Class of securities
Change securities affected
changed to change
4/10/2023 UniSuper On-Market Purchase 277,766 Ordinary Fully Paid securities 40,000 40,000
4/10/2023 UniSuper On-Market Purchase 378,349 Ordinary Fully Paid securities 55,000 55,000
18/10/2023 UniSuper On-Market Purchase 140,185 Ordinary Fully Paid securities 20,000 20,000
18/10/2023 UniSuper On-Market Purchase 277,201 Ordinary Fully Paid securities 39,589 39,589
19/10/2023 UniSuper On-Market Purchase 18,045 Ordinary Fully Paid securities 2,580 2,580
20/10/2023 UniSuper On-Market Purchase 2,334,678 Ordinary Fully Paid securities 335,000 335,000
24/10/2023 UniSuper On-Market Purchase 1,995,951 Ordinary Fully Paid securities 294,000 294,000
24/10/2023 UniSuper On-Market Purchase 2,036,685 Ordinary Fully Paid securities 300,000 300,000
24/10/2023 UniSuper On-Market Purchase 35,048 Ordinary Fully Paid securities 5,174 5,174
24/10/2023 UniSuper On-Market Purchase 89,522 Ordinary Fully Paid securities 13,228 13,228
25/10/2023 UniSuper On-Market Purchase 673,944 Ordinary Fully Paid securities 100,000 100,000
25/10/2023 UniSuper On-Market Purchase 846,628 Ordinary Fully Paid securities 125,733 125,733
26/10/2023 UniSuper On-Market Purchase 733,469 Ordinary Fully Paid securities 109,696 109,696
16/11/2023 UniSuper On-Market Purchase 1,910,605 Ordinary Fully Paid securities 269,648 269,648
24/01/2024 UniSuper On-Market Purchase 4,820,631 Ordinary Fully Paid securities 664,891 664,891
24/01/2024 UniSuper On-Market Purchase 582,129 Ordinary Fully Paid securities 80,313 80,313
7/02/2024 UniSuper On-Market Purchase 10,056,100 Ordinary Fully Paid securities 1,346,984 1,346,984
8/02/2024 UniSuper On-Market Purchase 2,700,349 Ordinary Fully Paid securities 361,016 361,016
12/02/2024 UniSuper On-Market Purchase 3,197,797 Ordinary Fully Paid securities 427,521 427,521
TOTAL 4,590,373 4,590,373
Opening number of units 41,767,406
Closing number of units 46,357,779
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APPENDIX B
Holder of relevant Registered Holder of Person entitled to be Nature of relevant Number of Person's
Class of securities
interest securities registered as holder interest securities Votes
BNP Paribas Nominees Power to control voting & Ordinary Fully Paid
UniSuper UniSuper 46,357,779 46,357,779
Pty Limited disposal of securities securities
Closing number of units 46,357,779 46,357,779
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