CHORUS LIMITED — Share Issue/Capital Change 2022

Dec 18, 2022

==> picture [101 x 49] intentionally omitted <==

Capital Change Notice

Updated as at 17 October 2019

Acquisition of Ordinary Shares

This notice is given under NZX Listing Rule 3.13.1 and s.65(2) of the Companies Act 1993, and relates to the acquisition of ordinary shares in Chorus Limited under the on-market share buyback programme announced by Chorus to the market on 21 February 2022.

		Updat	Updat	ed as at 17 October 2019	ed as at 17 October 2019
	quisition of Ordinary Sharesis notice is given under NZX Listing Rule 313	1 and s65(2) of the Compa		nies Act 1993 and relates to
	.e acquisition of ordinary shares in Chorus L	. .imited under the on-market		,share buyback programme
	nounced by Chorus to the market on 21 Febr	uary 2022.
S	i 1 I ifi
	ecton : ssuer normaton
N
	ame of issuer		Ch	orus Limited
N
	ZX ticker code		CN	U
C	lass of financial product		Ordinary Shares
I	SIN (If unknown, check on NZX website)		NZ	CNUE0001S2
S	ection 2: Capital change details
N
	umber issued/acquired/redeemed		52	,858
N
	ominal value (if any)		N/A
I
	ssue/acquisition/redemption price per sec	urity	NZ	D $8.1380 (average) in
			ressh	pect of 20,858 ordinary
				res acuired on NZX
				q
			AU
				D $7.6433 (average) in
			res	pect of 500,000 ordinary
			sha	res acquired on ASX
Nc	ature of the payment (for example, cash	or other	Ca	sh
	onsideration)
A	mount paid up (if not in full)		Pai	d in full
PisFi	ercentage of total class of Financial Prod	ucts	0.1	173%
	sued/acquired/redeemed/ (calculated on	the number ofany Treasury Stock,
	inancial Products of the Class, excluding
	existence)
For an issue of Convertible Financial Products or Options, theprincipal terms of Conversion (for example the Conversionprice and Conversion date and the ranking of the FinancialProduct in relation to other Classes of Financial Product) or theOption (for example, the exercise price and exercise date)			N/A
Reason for issue/acquisition/redemption and specific authorityfor issue/acquisition/redemption/ (the reason for change mustbe identified here)			Acquisition under Boardapproved buyback programmeannounced on 21 February2022
Total number of Financial Products of the Class after theissue/acquisition/redemption/Conversion (excluding TreasuryStock) and the total number of Financial Products of the Classheld as Treasury Stock after the issue/acquisition/redemption.			443,397,865 ordinary sharesNone held as treasury stock
In the case of an acquisition of shares, whether those sharesare to be held as treasury stock			No

Specific authority for the issue, acquisition, or redemption,including a reference to the rule pursuant to which the issue,acquisition, or redemption is made	Board resolution dated 18February 2022NZX Listing Rule 4.14.1(a)
Terms or details of the issue, acquisition, or redemption (forexample: restrictions, escrow arrangements)	Shares acquired will becancelled
Date of issue/acquisition/redemption	16/12/2022
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement	Andrew CarrollChief Financial Officer
Contact person for this announcement	Brett JacksonInvestor Relations Manager
Contact phone number	+64 4 896 4039+64 27 488 7808
Contact email address	Brett.Jackson@chorus.co.nz
Date of release through MAP	19/12/2022

The identity of the seller or sellers (and the beneficial owner or owners) of the Chorus ordinary shares is not known to Chorus.