CHORUS LIMITED — Share Issue/Capital Change 2022

Dec 8, 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.

						Updated a		at 17 Oct	ober 2019
		Aiiti f Odi Sh
		cquson o rnary		a	es
		This notice is given under N		ZX	Listing Rule 3.13.1 and s.65(2) of the	Companies		Act 1993	, and relate	s to
		the acquisition of ordinaryannounced by Chorus to the		shm	ares in Chorus Limited under the oarket on 21 February 2022	n-market sha		re buyb	ack progra	mm	e
					.
			Section 1: Issuer infor	m	tion
			N f i				Ch	Liid
			ame o ssuer				orus	mte
			NZX ticker code				CNU
			Cl f fiil d	t			Odi	Sh
			ass o nanca prouc				rna	y are
			ISIN (If unknown check	o	NZX website)		NZCN	E0001S	2
			,
			Section 2: Capital chan	g	e details
			Number issued/acquired	/r	edeemed		19399
							,
			Nominal value (if any)				N/A
			Issue/acquisition/redemp	ti	on price per security		NZD $8	.1100 (a	verage) in
							respect	of 7,33	0 ordinary
							h	i	NZX
							sares	acqure	on
							AUD $
								6679 (	verage) i
								.
							respect	of 12,0	69 ordinary
							shares	acquire	on ASX
			Nature of the payment (f	or	example, cash or other		Cash
			consideration)
			Amount paid up (if not in	f	ll)		Paid in	full
			Percentage of total class	o	f Financial Products		0.0044	%
			issued/acuired/redeem	d	/ (calculated on the number of
			q
			Financial Products of the	C	lass, excluding any Treasury Stoc	k,
			in existence)
			For an issue of Convertiprincipal terms of Conve	le	Financial Products or Options, th	e	N/A
				rs	ion (for example the Conversion
			price and Conversion da	te	and the ranking of the Financial
			Product in relation to othOption (for example, the	er	Classes of Financial Product) or t	e
				e	xercise price and exercise date)
			Reason for issue/acquisi	tio	n/redemption and specific authorit	y	Acquisi	tion und	er Board
			for issue/acquisition/redebe identified here)	m	ption/ (the reason for change mus	t	approvannoun	ed buyb	ack progra	mm	e
								ced on	21 Februar	y
							2022
			Total number of Financi	l	Products of the Class after the		44404	3398 or	dinar sha	res
							,	,	y
			issue/acquisition/redemp	ti	on/Conversion (excluding Treasury
			Stock) and the total num	be	r of Financial Products of the Clas	s	None h	eld as tr	easury sto	ck
			held as Treasury Stock a	ft	er the issue/acquisition/redemption	.
			In the case of an acquisi	tio	n of shares, whether those shares		No
			are to be held as treasur	y	stock

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	8/12/2022
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	9/12/2022

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