CHORUS LIMITED — Share Issue/Capital Change 2022

Apr 11, 2022

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Capital Change Notice

Updated as at 17 October 2019

Section 1: Issuer information	Section 1: Issuer information
Name of issuer		Chorus Limited
NZX ticker code		CNU
Class of financial product		Chorus Limited Ordinary Shares
ISIN (If unknown, check on NZX website)		NZCNUE000IS2
Currency		NZD
Section 2: Capital change details
Number i	ssued/acquired/redeemed	835,616
Nominal	value (if any)	N/A
Issue/acq	uisition/redemption price per security	NZ$7.3369 petotal considera	r ordination of	ry shar	e for a
		NZ$6,130,831	.03
Nature ofconsidera	the payment (for example, cash or othertion)	N/A
Amount p	aid up (if not in full)	N/A
Percenta	ge of total class of Financial Products	0.18730536%	of the t	otal nu	mber of	of
issued/acof FinancTreasury	quired/redeemed/ (calculated on the numberial Products of the Class, excluding anyStock, in existence)1	ordinary sharethis notice.	s on iss	ue at t	he date
For an isOptions,	sue of Convertible Financial Products orthe principal terms of Conversion (for	Ordinary share2022.	s issue	d on 1	2 April
example the Conversion price and Conversion dateand the ranking of the Financial Product in relation toother Classes of Financial Product) or the Option (forexample, the exercise price and exercise date)
Reason for issue/acquisition/redemption and specificauthority for issue/acquisition/redemption/ (the reasonfor change must be identified here)		Operation of Chorus DividendReinvestment Plan SchemeAuthorised by a Board Resolutionpassed on 18 February 2022
Total number of Financial Products of the Class afterthe issue/acquisition/redemption/Conversion(excluding Treasury Stock) and the total number ofFinancial Products of the Class held as TreasuryStock after the issue/acquisition/redemption.		446,960,576
In the case of an acquisition of shares, whether thoseshares are to be held as treasury stock		No ordinary shares are held astreasury stock
Specific authority for the issue, acquisition, orredemption, including a reference to the rule pursuantto which the issue, acquisition, or redemption is made		Board resolution passed on 18 February2022

1 The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

	The Dividend Reinvestment Plan
	operates under Listing Rule 4.8.1.
Terms or details of the issue, acquisition, or	The terms of issue are as set out in the
redemption (for example: restrictions, escrow	Dividend Reinvestment Plan Rules. A
arrangements)	copy of the Rules is available at
	https://company.chorus.co.nz/financials
Date of issue/acquisition/redemption2	12/04/2022
Section 3: Authority for this announcement and contact person
Name of person authorised to make thisannouncement	David CollinsChief Financial Officer
	Brett Jackson
Contact person for this announcement	Investor 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	12/04/2022

2 Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).