TELSTRA GROUP LIMITED - AGM Information 2018

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31 August 2018

The Manager

Market Announcements Office Australian Securities Exchange 4[th] Floor, 20 Bridge Street SYDNEY NSW 2000

Office of the Company Secretary

Level 41 242 Exhibition Street MELBOURNE VIC 3000 AUSTRALIA

General Enquiries 03 8647 4838 Facsimile 03 8600 9800

ELECTRONIC LODGEMENT

Dear Sir or Madam

Telstra Corporation Limited – 2018 Notice of Annual General Meeting and Shareholder Voting Form

In accordance with the Listing Rules, I attach a copy of Telstra’s 2018 Notice of Annual General Meeting and Shareholder Voting Form, for release to the market.

Yours faithfully

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Sue Laver

Company Secretary

Telstra Corporation Limited ACN 051 775 556 ABN 33 051 775 556

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Telstra Corporation Limited
2018 Annual
General Meeting
Tuesday 16 October 2018 at 9:30am
(Sydney time)
Hilton Sydney Hotel
Grand Ballroom
Level 3
488 George Street
Sydney NSW 2000
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Telstra Corporation Limited ABN 33 051 775 556

How to get to the AGM

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TO DARLING
HARBOUR
Town Hall
and Railway
Martin
Station
Place
Hilton Sydney MLC
Hotel Theatre Tower
Royal
Hyde Park
Parliament
Sydney House
Hospital
St. Marys TO THE OPERA HOUSE
Cathedral
Australian
Museum
College St.
Castlereagh Street
Elizabeth Street
Macquarie Street
Sydney Tower
and Westfield
Sydney
Pitt Street Mall
Pitt Street
Phillip Street
TO THE ROCKS AND
HARBOUR BRIDGE
George Street
York Street
Queen VictoriaBuilding
TheatreState
S
t.
Druitt Street
J
Market Street
a
m
King Street
Park Street
e
s
R
o
a
d
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Location

Hilton Sydney Hotel Grand Ballroom Level 3 488 George Street Sydney NSW 2000

The Hilton Sydney Hotel is located in the heart of the Sydney CBD across the road from the Queen Victoria Building.

Public transport

Train

The closest train station is Town Hall. Exit the train at Town Hall Station and the Hilton Sydney Hotel is located adjacent to the Victoria Galleries, entry via Pitt Street or George Street.

By Car

Due to one way road systems on George Street, please note that car access to Hilton Sydney Hotel is via Pitt Street only. Please program 255 Pitt Street if using a car navigational device. There is a secure underground car park located at Hilton Sydney Hotel. This carpark is owned and managed by Secure Parking. Self-parking and casual rates are available at www.secureparking.com.au

telstra.com/agm

2018 Annual General Meeting

31 August 2018

Dear Shareholder

I am pleased to invite you to the 2018 Annual General Meeting (AGM) of Telstra Corporation Limited. The 2018 AGM will be held on Tuesday 16 October 2018 from 9:30am (Sydney time) at:

Hilton Sydney Hotel Grand Ballroom Level 3, 488 George Street Sydney NSW 2000

To help keep you informed about your company, we have included with our Notice of Meeting some additional information including our 2018 highlights, our T22 strategy and a summary of our sustainability approach. The Notice of Meeting, outlining the items of business which you will be asked to consider at the AGM, commences from page 4. Shareholders attending the AGM can register from 8:30am at the venue. Information on how to get to the Hilton Sydney Hotel appears on the inside cover.

The Telstra Board and senior executives would like to invite shareholders to join them for refreshments prior to the AGM. A light lunch will also be served during the course of the meeting.

Enclosed with this Notice is your Voting form and a shareholder question form providing an opportunity for you to ask a question(s) regarding the items of business before the AGM. Frequently asked questions will be addressed by Andrew Penn, Chief Executive Officer or myself at the AGM. Responses to the more frequently asked questions will also be available on our website telstra.com/agm.

Shareholders who are attending the meeting in person can lodge their vote using their mobile phone or tablet device. Shareholders can download the LinkVote App from the Apple App Store or Google Play and use the app during the meeting to lodge their vote. The LinkVote App is available for download prior to the AGM.

This year Margie Seale will be standing for re-election and Roy H Chestnutt, having been appointed by the Board since the last AGM, will be standing for election.

Three of your directors, Russell Higgins AO, Steve Vamos and Trae Vassallo have notified the Board that they do not intend to stand for re-election and will therefore retire from the Board at the conclusion of this meeting. On behalf of the Board I extend our sincere thanks to Russell, Steve and Trae for their substantial contribution to the Board during their tenure.

In light of these vacancies, your Board is pleased to nominate Niek Jan van Damme as a candidate for election as a director. Please refer to page 7 of this Notice for more information on Niek Jan’s experience and suitability to fulfil the role.

The Telstra Board (other than the relevant director in relation to his/her own election and re-election) recommends the re-election of Margie Seale and the election of Roy H Chestnutt and Niek Jan van Damme.

If you are unable to attend the AGM we encourage you to lodge your vote in advance online at vote.linkmarketservices.com/tls. Alternatively, you may return your Voting form in the envelope provided. The AGM will be webcast live at telstra.com/agm (unmetered for BigPond[®] customers).

For more information on voting, please refer to pages 4 and 5 of this Notice. Please contact the Telstra Share Registry by email at [email protected] or by phone on (+61) 1300 88 66 77 if you have any queries regarding the AGM or your shareholding.

On behalf of my fellow Directors, I look forward to welcoming you to the 2018 AGM.

Yours sincerely

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John P Mullen Chairman

2018 Retail Shareholder Information Meetings

A reminder to shareholders who are unable to attend the AGM, we are again hosting retail shareholder information meetings during September.

The dates and locations for the meetings were included with your March 2018 interim dividend statement and also in our various online communications including our August letter to shareholders.

Please visit our investor website for all the details at telstra.com.au/shareholdermeetings

Customer service staff at the AGM

Expert staff will be available at the Telstra store located at the AGM venue to answer your customer enquiries before, during and after the AGM.

Our business

Our purpose To create a brilliant connected future for everyone. Our vision To be a world class technology company that empowers people to connect. Our brand To create better ways to empower everyone to thrive in a connected world.

FY18 highlights

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Financial
performance Total income Net profit after tax
up by 3% to $29.0 billion down by 8.9% to $3.5 billion
Reported EBITDA FY18 total dividend of
down by 5.2% to $10.1 billion 22 cents per share
Our
customers
2.3 million Launched second generation Added 67,000 Belong
Sports Live Pass users of Telstra TV, bringing together mobile customers in the
– up by 73% free-to-air, pay TV and price-conscious market
year on year on-demand streaming segment
Almost 4 million Added 342,000 retail mobile
Reduced truck rolls in
active 24/7 App users customers, 88,000 retail fixed
2H18 by 7,000 with
– up by 22% broadband customers and
NBN Get Help platform
year on year 135,000 retail bundles
World class
technology First Australian carrier to
offer both Narrowband and
307 new mobile base stations Cat M1 IoT technologies
under the Federal Government’s
Mobile Black Spot Program,
bringing our total to more than 450
Opened 5G Innovation Centre
and launched world first precinct
of 5G-enabled Wi-Fi hotspots
Sustainability
Helped around 24% reduction
Sustainable engagement
1 million vulnerable in greenhouse gas
score of 74 in Employee
customers emissions intensity
Engagement Survey
stay connected from FY17
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A glossary of terms is available on page 9.

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We have unveiled a new strategy, called Telstra2022 (T22), which will empower us to respond to a rapidly changing environment and lead the Australian market by simplifying our operations and product set, improving customer experience and reducing our cost base.

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Establish a
Radically simplify our Greatly simplify
T22 standalone
product offerings, our structure and Industry leading cost
infrastructure
eliminate customer ways of working to reduction program
business unit to drive
pain points and empower our and portfolio
Strategic create all digital performance and set people and serve management
up optionality post
pillars experiences our customers
the nbn rollout
New digital platforms
Enabled
by our $3b
investment
program
Australia’s largest, fastest, safest, smartest and most reliable next generation network
Achieve
Simplified Extended Post-nbn
Global High Net cost
Market leading products, network Return on
Performance productivity
Delivering customer business and superiority Norm in of $2.5b Investment
experience operating and 5G Capital
employee by FY22
model leadership > 10%
engagement
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Telstra Notice of Meeting 2018

Items of Business

1. Chairman and CEO Presentations

2. Discussion of Financial Statements and Reports

To discuss the company’s financial statements and reports for the year ended 30 June 2018.

3. Election and Re-election of Directors

To consider and, if thought fit, pass the following resolutions as separate ordinary resolutions:

a) ‘That Roy H Chestnutt, being eligible, be elected as a director’;
b) ‘That Margie Seale, being eligible, be re-elected as a director’ and
c) ‘That Niek Jan van Damme, being eligible, be elected as a director’;

4. Remuneration Report

To consider and, if thought fit, pass the following resolution as an ordinary resolution:

‘That the Remuneration Report for the year ended 30 June 2018 be adopted’.

Additional information

Please refer to the Explanatory Notes on pages 6 to 7 for more information on items 3 and 4. These Explanatory Notes form part of this Notice of Meeting.

Voting

In the interests of representing the views of as many shareholders as possible, the Chairman of the meeting intends to call a poll in relation to items 3 and 4. The ways in which you can vote are outlined below. Please refer to the table on page 5 for the voting deadlines.

Voting online

We encourage you to lodge your vote online at vote.linkmarketservices.com/ tls. To log in you will need your holder number and the postcode for your shareholding. These can be found on the top right hand corner of your Voting form.

Voting at the meeting – using the LinkVote App

Shareholders attending the AGM in person can download the LinkVote App from the Apple App Store or Google Play if they would like to lodge their vote during the meeting using their mobile phone or tablet device.

There will be share registry and Telstra staff available at the meeting to assist shareholders with any questions they may have on how to use the app. Paper voting cards will continue to be available at the AGM for shareholders who prefer not to use the app.

Voting form

Enclosed with this Notice of Meeting is a personalised Voting form. The Voting form allows shareholders who are not attending the meeting to either lodge their vote directly, or appoint a proxy or nominee to vote on their behalf.

Voting forms are colour coded (refer to the table on page 5). If you hold Telstra shares in more than one capacity, please be sure to complete the Voting form that is relevant to each holding.

The Blue Voting form can be used to either vote your shares directly (Section A) or appoint a proxy to vote on your behalf (Section B). The Green Nominee form (sent to Telstra ESOP 99 Participants) can be used to appoint a nominee to vote on your behalf (Section A).

Direct voting

By completing Section A of the Blue Voting form, you are voting your shares directly and are not appointing a third party, such as a proxy, to act on your behalf. Shareholders should complete their voting directions by selecting ‘for’ or ‘against’ for each item on the Voting form. Do not complete the ‘abstain’ box if you are voting directly as it will result in an invalid vote. If no direction is given on an item, or if Section A and Section B are both completed on the Voting form, your vote may be passed to the Chairman of the meeting as your proxy.

Appointing proxies or nominees

Shareholders, Telstra ESOP 99

Participants and Participants in eligible employee share plans, who are entitled to attend and vote at the AGM, may appoint a proxy (in the case of a shareholder) or a nominee (in the case of a Participant) to act generally at the meeting on their behalf, and to vote.

To appoint your proxy or nominee you should complete Section B of the Blue Voting form or Section A of the Green Nominee form.

You should complete your voting directions by selecting ‘for’ or ‘against’ for each item on the Voting or Nominee form. If no direction is given, the proxy or nominee may vote as they see fit, subject to any voting restrictions applicable to the proxy or nominee. A proxy or nominee need not be a shareholder of the company.

A shareholder or Participant entitled to attend and vote can appoint two proxies or nominees as appropriate, and should specify the proportion or number of votes each proxy or nominee is appointed to exercise. If no proportion or number is specified, each proxy or nominee may exercise half of the shareholder’s or Participant’s votes. If you wish to appoint two proxies or two nominees, please call (+61) 1300 88 66 77 and request an additional Voting or Nominee form.

A corporate shareholder or proxy must appoint a person as its corporate representative (see the Voting form for further information).

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Appointing the Chairman as your proxy or nominee

You may appoint the Chairman of the meeting as your proxy or nominee.

If you direct the Chairman of the meeting how to vote on an item of business, your vote will be cast in accordance with your direction. If you do not direct the Chairman of the meeting how to vote on an item of business, or the Chairman of the meeting becomes your proxy by default, then by completing and returning the relevant Voting form you will be expressly authorising the Chairman of the meeting to exercise your undirected proxy or nominee on a resolution even though it may be directly or indirectly connected with the remuneration of a member of the Key Management Personnel (KMP).

More information on lodging your vote can be found on the back of the relevant Voting or Nominee form enclosed with this Notice of Meeting. This includes information on voting in relation to item 4 where voting exclusions apply.

KMP voting restrictions

Under the Corporations Act, voting restrictions apply to the company’s KMP and their closely related parties for item 4. The term “closely related party” in relation to a member of KMP includes a spouse, dependent and certain other close family members, as well as any companies controlled by the KMP. Please refer to the Explanatory Notes for more details.

AGM online webcast

Shareholders can view a live webcast of the AGM online at telstra.com/agm (unmetered for BigPond[®] customers) from 9:30am (Sydney time) on Tuesday 16 October 2018. The webcast will be recorded and made available to view after the AGM.

2018 Annual Report

The 2018 annual report is available for shareholders on our investor website telstra.com/annualreport. If you would like to receive a hard copy of the 2018 annual report, at no charge, please contact the Telstra Share Registry on (+61) 1300 88 66 77. Shareholders who have previously elected to receive a hard copy of the annual report will receive it separately in the mail.

Contact details

You can lodge your vote electronically, by facsimile, by hand or by mail to the Telstra Share Registry whose details are listed below.

If you have any questions about this Notice or the relevant Voting form please contact:

Telstra Share Registry (Australia) Link Market Services Limited Level 12, 680 George Street, Sydney NSW 2000 Australia Telephone: +61 1300 88 66 77 Facsimile: +61 2 9287 0309

Telstra Share Registry (New Zealand) Link Market Services Limited Level 11, Deloitte Centre, 80 Queen Street, Auckland 1010, New Zealand Telephone: (within NZ) 0800 835 787 All Other: +64 (9) 375 5998 Facsimile: +64 (9) 375 5990

By order of the Board of Directors

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Sue Laver Company Secretary 31 August 2018

How to vote and voting deadlines

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Right to vote and attend the Deadline to
Investor AGM or view the proceedings Lodging your vote lodge your vote []
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Investor	Right to vote and attend the AGM or view the proceedings	Lodging your vote	Deadline to lodge your vote*

Shareholders	Shareholders registered as at 9:30am (Sydney time) on Sunday 14 October 2018.	To vote online, see instructions above or use the Blue Voting form to either vote directly (Section A) or appoint a proxy (Section B).	9:30am (Sydney time) on Sunday 14 October 2018.
Telstra ESOP 99 Participants	Telstra ESOP 99 Participants registered at 5:00pm (Sydney time) on Thursday 11 October 2018.	To vote online, see instructions above or use the Green Nominee form to appoint a Nominee (Section A).	5:00pm (Sydney time) on Thursday 11 October 2018.
Participants of other eligible Employee Share Plans	Participants registered at 5:00pm (Sydney time) on Thursday 11 October 2018.	Participants may only lodge their votes online at vote.linkmarketservices.com/tls Please refer to your AGM email notifcation from Telstra.	5:00pm (Sydney time) on Thursday 11 October 2018.

To be effective your completed documents must be received by the Share Registry no later than the time and date noted in the table.

Notice of Meeting – Explanatory Notes

Item 2 – Discussion of Financial Statements and Reports

During this item of business, we will provide a reasonable opportunity for shareholders to comment on and ask questions on the financial statements and reports and on the business, operations and management of Telstra. There will also be an opportunity to ask questions of the company’s auditor.

Item 3 – Election and Re-election of Directors

Roy H Chestnutt and Margie Seale, directors, are standing for election and re-election. They will retire in accordance with the provisions of the Constitution and, being eligible, offer themselves for election and re-election.

Roy H Chestnutt and Margie Seale are independent non-executive directors and their relevant skills and experience are summarised below.

Niek Jan van Damme is nominated by your Board as a candidate for the position of director, in accordance with clause 23.4(f) (2) of Telstra’s Constitution. Niek Jan van Damme’s relevant skills and experience are summarised on page 7. Should he be elected as a director, Niek Jan van Damme will be considered by the Board to be independent.

To be successfully elected or re-elected as a director, a candidate must receive more votes cast ‘for’ than ‘against’.

Roy H Chestnutt

Age 59 BSc, BA, MBA

Non-executive Director appointed 11 May 2018.

Roy has more than 30 years of direct telecommunications experience. Most recently he was Executive Vice President, Chief Strategy Officer for Verizon Communications and has held leadership positions with other leading firms including Motorola, Grande Communications, SprintNextel and AirTouch. Roy’s last six years with Verizon, included almost five as head of strategy responsible for the development and implementation of Verizon’s overall corporate strategy, including business development, joint ventures, strategic investments, acquisitions and divestitures.

Roy has been a director for international industry association GSMA and is a former chair of the Chief Strategy Officers Group including 25 global strategists from the world’s leading wireless carriers. He is also a senior advisor at Blackstone and a board member for Saudi Telecom and Digital Turbine.

Directorships of listed companies (past three years) and other directorships/ appointments:

Director, Saudi Telecom (from 2018) and Digital Turbine Inc (from 2018). Other: Non-executive Partner, Delta Partners.

Margie L Seale

Age 57 BA, FAICD

Non-executive Director since May 2012 and last re-elected in 2015. Member of the Audit & Risk Committee.

Margie has more than 25 years’ experience in senior executive roles in Australia and overseas, including in consumer goods, global publishing and the transition of traditional business models to adapt and thrive in a digital environment, and in sales and marketing. Margie was Managing Director of Random House, Australia (with managerial responsibility for Random House New Zealand) and President, Asia Development for Random House Inc, the global company. She was Chief Executive Officer of The Macquarie Dictionary and Lansdowne Publishing (1997-1999), and also of the Juvenile Diabetes Research Foundation (1994-1997). She served on the boards of Penguin Random House Australia/New Zealand as non-executive Director then Chair (2000-2016), the Australian Publishers’ Association, the Powerhouse Museum, the Sydney Writers Festival and on the Council of Chief Executive Women, chairing its Scholarship Committee (2011-2012).

Directorships of listed companies (past three years) and other directorships/ appointments:

Director, Scentre Group Limited (from 2016), Ramsay Health Care Limited (from 2015), Bank of Queensland Limited (20142018). Other: Director, Australian Pacific (Holdings) Pty Limited (from 2018).

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Niek Jan van Damme

Age 57 Drs.

Niek Jan has almost 20 years direct telecommunications experience, with the first part of his career focusing on brand and category management in a range of businesses including consumer goods and retail. Most recently he was a member of the Deutsche Telekom Board of Management, where he was responsible for fixed line and mobile communications in Germany. Neik Jan has held leadership positions with other leading firms including Ben Nederland, later T-Mobile Netherlands, a challenger mobile brand, where he was the Chairman of the Managing Board. At Deutsche Telekom he led the merger of mobile and fixed line business, laying the foundation for making Deutsche Telekom the leading operator in converged services. He also led a major network modernisation program with the establishment of a new IP core, and high 4G network investments.

Board recommendation

The Board (other than the relevant director in relation to his/her own election/re-election) recommends the election of Roy H Chestnutt and Niek Jan van Damme and the re-election of Margie Seale.

The Chairman of the meeting intends to vote all available proxies in favour of the election of Roy H Chestnutt and Niek Jan van Damme and the re-election of and Margie Seale.

Item 4 – Remuneration Report

Voting Exclusion Statement

The 2018 Remuneration Report contains information regarding:

The company will disregard any votes cast on item 4:

our remuneration policy and strategy;
by or on behalf of a member of the KMP whose Remuneration is disclosed in the 2018 Remuneration Report (and their closely related parties) in any capacity; and
the structure of non-executive Director, CEO and certain senior executive remuneration arrangements, and how we seek to align senior executive remuneration with company performance; and
as proxy by a person who is a member of the KMP at the date of the meeting (and their closely related parties).
the remuneration of non-executive Directors, the CEO and certain senior executives for the year ended 30 June 2018.

unless the vote is cast as proxy for a person entitled to vote on item 4:

The 2018 Remuneration Report can be found on pages 34 to 55 of the 2018 annual report.

in accordance with a direction on the Voting form; or
by the Chairman of the meeting and the Chairman has received express authority in the Voting form to vote undirected proxies as the Chairman sees fit even though item 4 is connected with the remuneration of the KMP.

This item provides an opportunity for shareholders at the meeting to comment on, and ask questions about, the 2018 Remuneration Report.

The vote on this item is advisory only and will not bind the directors of the company. However, the Board will take the outcome of the vote into consideration when reviewing Telstra’s remuneration practices and policies.

Board recommendation

The Board recommends that shareholders vote in favour of item 4. The Chairman of the meeting intends to vote all available proxies in favour of the adoption of the 2018 Remuneration Report.

Sustainability

Our goal is to embed social and environmental considerations into our business in ways that create value for the company and our stakeholders. Our Sustainability Strategy responds to the topics that are most material for our business, the areas in which we have the expertise to make a meaningful impact, and where we see opportunities to use innovative, tech-based solutions to help address major societal challenges and opportunities.

Our 2018 Bigger Picture Sustainability Report, available online at t elstra.com/ sustainability/report , provides a transparent overview of our progress and performance in relation to each of the pillars of our Sustainability Strategy in FY18.

Telstra’s Sustainability Strategy Thriving in a digital world

In an increasingly inter-connected world, digital technology is helping society to respond to social and environmental issues in a more agile and scalable way.

Telstra has a role to play in helping our customers and society to adapt to technological change and the opportunities it brings.

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More than
2.5 million Australians
75% of stakeholders are not online A 20% reduction on
global carbon emissions
agree that companies can take specific
can be achieved by 2030 through the
actions to ensure they profit responsibly use of ICT solutions
26% of
Australian teens
have experienced online 62% of
threats and abuse
Only 45% of Australians
Australian consumers have one or more
report they have trust in business old, broken or unused
mobile phones at home
Substantial gaps
exist between those who are
Automation digitally included and Over the past 10
and digitisation excluded, linked closely to years data volumes
are transforming the mix of geography, education, have increased
skills organisations require income and employment by 500%
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Responsible business

We will be a sustainable, globally trusted company that people want to work for and with.

In FY18 we:

Invested $23.5 million in employee learning and development
Achieved a sustainable engagement score of 74 , up three points from FY17
Rolled-out new ethics and compliance training globally

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Digital futures
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We will foster strong, inclusive communities that are empowered to thrive in a digital world.

In FY18 we:

Helped around 1 million vulnerable customers to stay connected
Extended the coverage of our mobile networks to 99.5% of the Australian population
Invested $6 million in Telstra Foundation
funded initiatives designed to support young people to thrive in a digital world

Environmental solutions

We will use technology to address environmental challenges and help our suppliers, customers and communities do the same.

In FY18 we:

Collected 23.7 tonnes of mobile phones and accessories for recycling
Launched a new Environment strategy that embraces innovation and technology to help address environmental challenges
Reduced our carbon emissions intensity
(tCO2e/petabyte) by 24%

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Conducting Telstra’s Annual General Meeting

Our Annual General Meeting is intended to give shareholders the opportunity to:

hear presentations from the Chairman and CEO about the operations and performance of the company and the outlook for the year ahead
consider and vote on the resolutions contained in the Notice of Meeting being the election and re-election of Directors and the adoption of the Remuneration Report
ask questions of the Board, management and the auditor generally on the items of business, the management of the company or the conduct of the audit and the auditor’s report. The Chairman and CEO will generally answer questions on behalf of the Board and management.

To help achieve these objectives we will:

webcast the meeting for the benefit of those shareholders unable to attend in person. Shareholders can view the meeting live at telstra.com/agm. The webcast will be recorded and made available to view after the AGM
enable shareholders to raise questions in writing prior to the meeting, by either completing the enclosed form or online at vote.linkmarketservices.com/tls. Shareholders asking questions online will need to log in using their SRN/HIN (found on your Voting form) and then select the ‘Ask Question’ option under the ‘Action’ column. We will endeavour to address the more frequently raised shareholder matters during the course of the meeting. We will also put our responses to the more frequently asked questions on our website telstra.com/agm
provide a reasonable opportunity for shareholders, as a whole at the meeting, to ask questions of the Board
make hearing loop facilities available for shareholders with hearing difficulties
answer shareholders’ questions honestly and fairly. If we can’t answer a question at the meeting, we will seek to provide a response to the shareholder asking the question after the meeting
inform shareholders as to the proxy and direct voting position with respect to the resolutions to be considered by the meeting and the manner in which the Chairman of the meeting intends to vote available proxies.

To help achieve these objectives we ask that shareholders:

are courteous and respectful to all shareholders and others attending the meeting
keep their questions and comments to a reasonable length of time to allow as many shareholders as possible who wish to speak at the meeting an opportunity to do so. Generally a maximum of two minutes each time a shareholder addresses the meeting will be appropriate
confine their questions to the matters before the meeting. If a shareholder’s question appears to be more relevant to the shareholder’s own circumstances than to shareholders as a whole, we will ask that the shareholder raise the matter with the customer service attendants outside the meeting
please respect the privacy of individual shareholders attending the meeting and assist in the orderly conduct of the meeting by not taking photographs or audio or video-recordings of the proceedings of the meeting
appreciate that in the interests of the comfort and safety of all attendees at the meeting, we may ask to search any bags prior to entry to the AGM. We will provide a secure cloakroom to check in any oversized bags which cannot be taken into the venue.

Glossary

5G – The fifth generation of wireless mobile networks, 5G will deliver a step change in typical network speeds, with reduced latency and much greater capacity to help address the explosion in wireless devices and data usage.

Broadband – Describes a class of internet access technologies, such as ADSL, HFC cable and WiFi, offering a data rate significantly higher than narrowband services. These services typically do not tie up a telephone line exclusively for data.

Cat M1 – An Internet of Things (IoT) technology, currently operating over Telstra's 4GX coverage areas, that is

suitable for applications requiring data with peak speeds of up to 1Mbps (typical speeds will be less). Cat M1 devices typically provide greater reach in distance and depth into buildings and extended battery life.

Earnings before interest, income tax expense, depreciation and amortisation (EBITDA) – An indicator of a company's operational profitability.

Internet of Things (IoT) – The

connectedness of ‘things’ (for example machinery, vehicles, appliances) to the internet via sensors and actuators that collect information about the state and

condition of those things, and transmit that data to software platforms that can help people make sense of the information and take appropriate action.

Narrowband – A type of Internet of Things (IoT) technology that operates over Telstra's 4GX coverage areas. Narrowband IoT is suited to stationary applications that send very small amounts of data infrequently and operate with longer battery life.

Wi-Fi – The most prevalent form of wireless local area network (WLAN) technology. WLANs are small-scale wireless networks with a typical radius of several hundred feet.

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telstra.com/agm

Australia 1300 88 66 77 Overseas +61 1300 88 66 77

[email protected] www.linkmarketservices.com.au/telstra

Telstra Share Registrar C/- Link Market Services Limited PO Box A942 SYDNEY SOUTH NSW 1234

Your Shareholder Reference Number is:

To update your details go online to www.linkmarketservices.com.au/telstra

SHAREHOLDER VOTING FORM

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The Chairman of the meeting intends to vote all available proxies in favour of each item. Direct votes or proxies will only be valid and accepted by the Company if they are signed and received no later than 48 hours before the meeting, being 9.30am (Sydney time) on Sunday �4 October 2018.

==> picture [518 x 207] intentionally omitted <==

----- Start of picture text -----

C YOUR VOTING INSTRUCTIONS
Item 3: Election and Re-election of ��
Directors ��
(c) Niek Jan van Damme
(a) Roy H Chestnutt
(b) Margie Seale Item 4: Remuneration report
��appointing a proxy and providing your ��instructions ��a��appointing a proxy and providing your ��instructions ��a��instructions ��a��instructions ��a��a��a��
not to vote on your behalf on a show of hands or ��
D SIGNATURE OF SHAREHOLDER(S)
��
��
----- End of picture text -----

��appointing a proxy and providing your ��instructions ��a��appointing a proxy and providing your ��instructions ��a��instructions ��a��instructions ��a��a��a�� not to vote on your behalf on a show of hands or ��

��

TLS PRX1801N

��

FURTHER INFORMATION ON VOTING

1. Voting under Section A – Direct Voting:

If you mark the box in Section A you are voting directly. You should clearly mark the boxes in Section C to indicate your voting instruction for each item. Please only mark either “for” or “against” for each item. Do not mark the “abstain” box. If you mark the "abstain" box for an item, your vote for that item will be invalid.

If no direction is given on an item, or if you complete both the boxes in Sections A and B, your vote may be passed to the Chairman of the meeting as your proxy.

Shareholders, custodians and nominees may identify on the Voting form the total number of votes in each of the categories “for” and “against” . The Chairman’s decision as to whether a direct vote is valid is conclusive.

2. Voting under Section B - Appointing a Proxy:

If you mark the box in Section B you are appointing a person/body corporate who can attend as your proxy. To direct your proxy how to vote, you should clearly mark the boxes in Section C to indicate your voting instruction for each item.

Appointment of proxy: Insert the name of the person/body corporate you wish to appoint as your proxy where indicated. You cannot appoint yourself. A proxy need not be a member of the Company. If you lodge a form and do not appoint someone else, the Chairman of the meeting will act as your proxy by default.

Appointment of a second proxy: You are entitled to appoint up to two proxies. A separate Voting form should be used for each proxy. If you appoint a second proxy, you should state the proportion of your voting rights, or number of votes given to each proxy appointed, by clearly writing the proportion or number of votes to be exercised on the front of each form. If the appointment does not specify the proportion or number of your votes each proxy may exercise, each proxy may exercise half the votes. If you appoint two proxies, they can only vote on a poll in accordance with the number or proportion of votes allocated to them. Where two proxies are appointed, neither is entitled to vote on a show of hands. You can obtain an additional Voting form by telephoning 1300 88 66 77.

Votes on items of business:

Shareholders, custodians and nominees may identify on the Voting form the total number of votes in each of the categories “for”, “against” and “abstain” .

If you are intending to appoint the Chairman of the meeting as your proxy and wish to direct them how to vote you should mark the boxes at Section C.

If you have appointed the Chairman of the meeting as your proxy and have not directed them how to vote, by signing and returning this Voting form you will have provided the Chairman of the meeting express authority to vote your undirected proxy in accordance with the voting intentions set out in the Notice of Meeting and on this form.

If you intend to appoint a member of the Key Management Personnel (other than the Chairman) or one of their closely related parties as your proxy, please ensure that you direct them how to vote on item 4, otherwise they may not be able to cast a vote as your proxy on this item. If a shareholder’s appointed proxy does not attend the meeting, then the proxy appointment will automatically default to the Chairman of the meeting. In addition, any directed proxy appointments that are not voted on a poll at the meeting by a shareholder’s appointed proxy will automatically default to the Chairman of the meeting, who is required to exercise the relevant votes as directed on the poll (subject to any applicable voting exclusion).

3. Voting exclusions item 4:

Voting exclusions apply to item 4 as set out in the Notice of Meeting.

The Chairman of the meeting intends to vote all available proxies in favour of item 4.

Voting by corporate representative:

Any corporate shareholder or proxy must appoint a person to act as its representative. When attending the meeting, the representative must bring a formal notice of appointment, signed as required by section 127 of the Corporations Act or the shareholder’s constitution.

Lodgement of Votes:

You may lodge your direct or proxy vote online at the Telstra Share Registry website vote.linkmarketservices.com/tls . If you lodge your vote online you will not need to return your Voting form by mail or fax. Alternatively an envelope is provided for the return of the completed hard copy Voting form (and any relevant authorities), or you may fax the completed form (and any relevant authorities) to +61 (2) 9287 0309.

4. Deadline for Receipt:

To be effective, the completed documents must be received by the Company no later than 9.30am (Sydney time) on Sunday �4 October 2018:

�y hand: by mail: online: by fax: �� vote.linkmarketservices.com/tls ��

Further information:

If you require further information on how to complete this form please telephone 1300 88 66 77.

If you would like to attend and vote at the AGM, please bring this form with you as it will assist in registering your attendance.

Respecting your privacy:

As a Telstra shareholder, Chapter 2C of the Corporations Act 2001 (Cwlth) requires information about you (including your name, address and details of the shares you hold) to be included in Telstra’s public share register. This information must continue to be included in the public share register even if you cease to be a Telstra shareholder. These statutory obligations are not altered by the Privacy Act 1988 (Cwlth). Your information is collected by Link Market Services Limited (“Link”) on behalf of Telstra. It is collected to administer your shareholding and to improve your shareholding experience. Your personal information may be disclosed to certain people or organisations outside Telstra, including Telstra’s contractors (such as Link), brokers, printing companies, market researchers, government agencies (including the Australian Tax Office, Centrelink and law enforcement), and where required under applicable law, regulation or court order. Neither Telstra or Link disclose Telstra shareholder personal information to third parties outside Australia unless required by law. All reasonable steps are taken to ensure that your personal information is accurate, complete and up-to-date. If some or all of your personal information is not collected, it might not be possible to administer your shareholding. See the privacy policy at www.linkmarketservices.com.au for information about how you can access and correct your personal information and raise privacy concerns.

VTELS3041

Australia 1300 88 66 77 Overseas +61 1300 88 66 77 [email protected] www.linkmarketservices.com.au/telstra

Telstra Share Registrar C/- Link Market Services Limited PO Box A942 SYDNEY SOUTH NSW 1234

Your Shareholder Reference Number is:

To update your details go online to www.linkmarketservices.com.au/telstra

Shareholder Questions – Telstra 2018 Annual General Meeting

Your questions are important to us. Please use this form to submit any questions concerning Telstra that you would like us to respond to at the Annual General Meeting and return it in the reply paid envelope provided or by fax to +61 2 9287 0309. Shareholders can also submit questions online at vote.linkmarketservices.com/tls .

John Mullen, Chairman and Andrew Penn, Chief Executive Officer will address the more frequently asked questions at the AGM. Please visit www.telstra.com/agm to view a live webcast of the AGM. A recording of the webcast will be available to view on the website after the AGM as well as responses to the more frequently asked questions.

Respecting your privacy:

Refer to Telstra's shareholder privacy statement (set out in your voting form included with this shareholder question form) for details on how Telstra collects, uses and discloses your personal information in your capacity as a shareholder.

TELSTRA CORPORATION LIMITED ABN 33 051 775 556

T: Australia 1300 303 199 Overseas +61 1300 303 199

E: [email protected]

W: www.linkmarketservices.com.au/telstra

Telstra ESOP Registrar C/- Link Market Services Limited Locked Bag A14 SYDNEY SOUTH NSW 1235

Your Reference Number is:

To update your details go online to www.linkmarketservices.com.au/telstra

APPOINTMENT OF NOMINEE FORM

I, being a TESOP 99 participant ("Participant") of Telstra Corporation Limited and entitled to attend and vote hereby:

A APPOINT A NOMINEE To appoint a nominee and direct them how to vote on your behalf, please complete Sections A, B and C OR to appoint the Chairman of the meeting to act as your nominee and vote on all resolutions, please tick the box in Section A and sign at Section C.

appoint the Chairman of the meeting (mark box)

OR if you are NOT appointing the Chairman of the meeting as your nominee, please write the name of the person or body corporate (excluding yourself) you are appointing as your nominee below

or failing the person/body corporate named, or if no person/body corporate is named, the Chairman of the meeting, as my nominee to act generally and to vote for me on my behalf at the Annual General Meeting of the Company to be held at 9.30am (Sydney time) on Tuesday 16 October 2018 and at any adjournment or postponement of the meeting.

Important note: Exercise of votes by the Chairman as nominee for item 4.

Where I have appointed the Chairman of the meeting as my nominee (or the Chairman of the meeting becomes my nominee by default), I expressly authorise the Chairman of the meeting to exercise my votes in respect of item 4 (except where I have indicated a different voting intention below) and acknowledge that the Chairman of the meeting may exercise my votes even though item 4 is connected directly or indirectly with the remuneration of a member of Key Management Personnel.

Nominee appointments will only be valid and accepted by the Company if they are signed and received no later than 5.00pm (Sydney time) on

Thursday 11 October 2018. The Chairman of the meeting, as nominee, intends to vote all available votes in favour of each resolution.

==> picture [518 x 232] intentionally omitted <==

----- Start of picture text -----

B YOUR VOTING INSTRUCTIONS
Item 3: Election and Re-election
of Directors For Against Abstain For Against Abstain
(a) Roy H Chestnutt (c) Niek Jan van Damme
(b) Margie Seale Item 4: Remuneration Report
If you mark the Abstain box for a particular item, you are directing your nominee not to vote on your behalf on a show of hands or on a poll and your votes will not
be counted in calculating the required majority if a poll is called.
C SIGNATURE OF PARTICIPANT – THIS MUST BE COMPLETED
Participant/Participant's Attorney Date
/ /
To be valid this form must be signed by the Participant
or the Participant's Attorney. If signed by the
Participant's attorney, the power of attorney must
have been previously noted by the registry or a
certified copy attached to this form.
----- End of picture text -----*

TELSTRA CORPORATION LIMITED ABN 33 051 775 556 TELSTRA ESOP TRUSTEE PTY LTD ACN 080 180 285

TLS PRX1803N

FURTHER INFORMATION ON VOTING

To assist you in exercising your right to vote at the Annual General Meeting of the Company you are encouraged to appoint a person who will attend as your nominee if you are unable to attend the meeting.

In completing this Appointment of Nominee Form, please note the follo wing:

1. Voting (Section A) - Appointing a Nominee:

If you marked the box in Section A you are appointing a person/body corporate who can attend as your nominee. To direct your nominee how to vote, you should clearly mark the boxes in Section B to indicate your voting instruction for each item.

Appointment of Attorney by Trustee: In accordance with the arrangements establishing the Telstra Employee Share Ownership Plan 1999 (‘TESOP 99’), the Telstra ESOP Trustee Pty Ltd (‘Trustee’) will appoint you, or your nominee(s) (up to a maximum of two nominees), as the Trustee’s attorney to exercise the votes attached to the shares which you purchased under TESOP 99 in relation to the resolutions specified in the Notice of Meeting for the Annual General Meeting.

Appointment of nominee: Insert the name of the person/body corporate you wish to appoint as your nominee where indicated. You cannot appoint yourself. A nominee need not be a member of the Company. If you lodge a form and do not appoint someone else, the Chairman of the meeting will act as your nominee by default.

Appointment of a second nominee: You are entitled to appoint up to two nominees. A separate Nominee Form should be used for each nominee. If you appoint a second nominee, you should state the proportion of your voting rights, or number of votes given to each nominee appointed, by clearly writing the proportion or number of votes to be exercised on the front of each form. If the appointment does not specify the proportion or number of your votes each nominee may exercise, each nominee may exercise half the votes. If you appoint two nominees, they can only vote on a poll in accordance with the number or proportion of votes allocated to them. Where two nominees are appointed, neither is entitled to vote on a show of hands. You can obtain an additional Nominee Form by telephoning 1300 303 199.

You may identify on the Nominee Form the total number of votes in each of the categories “for”, “against” and “abstain” and their vote will be valid.

2. Votes on items of business:

If you are intending to appoint the Chairman of the meeting as your nominee and wish to direct them how to vote you should mark the boxes at Section B.

If you have appointed the Chairman of the meeting as your nominee and have not directed them how to vote, by signing and returning this Nominee Form, you will have provided the Chairman of the meeting express authority to vote on your behalf in accordance with the voting intentions contained in the Notice of Meeting and on this form.

If you intend to appoint a member of the Key Management Personnel (other than the Chairman) or one of their closely related parties as your nominee, please ensure that you direct them how to vote on item 4, otherwise they may not be able to cast a vote as your nominee on this item. If your appointed nominee does not attend the meeting, then the nominee appointment will automatically default to the Chairman of the meeting. In addition, any nominee appointments that are directed and not voted on a poll at the meeting by a Participant's appointed nominee will automatically default to the Chairman of the meeting, who is required to exercise the relevant votes as directed on the poll (subject to any applicable voting exclusions).

3. Voting exclusions item 4:

Voting exclusions apply to item 4 as set out in the Notice of Meeting.

The Chairman of the meeting, as nominee, intends to vote all available votes in favour of each resolution.

Lodgement of Votes:

You may appoint your nominee and lodge your votes online at the Telstra Share Registry website vote.linkmarketservices.com/tls . If you do this you will not need to return your Nominee Form by mail or fax. Alternatively an envelope is provided for the return of the completed hard copy Nominee Form (and any relevant authorities), or you may fax the completed form (and any relevant authorities) to +61 (2) 9287 0309.

4. Deadline for Receipt:

To be effective, the completed documents must be received by the Company no later than 5.00pm (Sydney time) on Thursday 11 October 2018:

online:

by hand: by mail: online: by fax: Telstra Share Registrar Telstra Share Registrar vote.linkmarketservices.com/tls +61 (2) 9287 0309 Link Market Services Limited Link Market Services Limited Level 12, 680 George Street PO Box A942 SYDNEY NSW 2000 SYDNEY SOUTH NSW 1234

Further information

If you require further information on how to complete this form please telephone 1300 303 199

If you would like to attend and vote at the AGM, please bring this form with you as it will assist in registering your attendance.

Respecting your privacy:

Your information is collected by Link Market Services Limited (“Link”) on behalf of Telstra. It is collected to administer TESOP 99 shares and to improve your experience as a TESOP 99 participant. Your personal information may be disclosed to certain people or organisations outside Telstra, including Telstra’s contractors (such as Link), brokers, printing companies, market researchers, government agencies (including the Australian Tax Office, Centrelink and law enforcement), and where required under applicable law, regulation or court order. Neither Telstra or Link disclose Telstra shareholder personal information to third parties outside Australia unless required by law. All reasonable steps are taken to ensure that your personal information is accurate, complete and up-to-date. If some or all of your personal information is not collected, it might not be possible to administer your participation in TESOP 99. See the privacy policy at www.linkmarketservices.com.au for information about how you can access and correct your personal information and raise privacy concerns.

AI assistant

TELSTRA GROUP LIMITED — AGM Information 2018

65927_rns_2018-08-30_4f6664e0-6ece-4d68-ab10-b4f0a6a90a05.pdf

Office of the Company Secretary

ELECTRONIC LODGEMENT

Telstra Corporation Limited – 2018 Notice of Annual General Meeting and Shareholder Voting Form

Sue Laver

How to get to the AGM

Location

Public transport

Train

By Car

2018 Annual General Meeting

31 August 2018

Dear Shareholder

2018 Retail Shareholder Information Meetings

Customer service staff at the AGM

Our business

FY18 highlights

Telstra Notice of Meeting 2018

Items of Business

1. Chairman and CEO Presentations

2. Discussion of Financial Statements and Reports

3. Election and Re-election of Directors

4. Remuneration Report

Additional information

Voting

Voting online

Voting at the meeting – using the LinkVote App

Voting form

Direct voting

Appointing proxies or nominees

Appointing the Chairman as your proxy or nominee

KMP voting restrictions

AGM online webcast

2018 Annual Report

Contact details

How to vote and voting deadlines

Notice of Meeting – Explanatory Notes

Item 2 – Discussion of Financial Statements and Reports

Item 3 – Election and Re-election of Directors

Roy H Chestnutt

Directorships of listed companies (past three years) and other directorships/ appointments:

Margie L Seale

Directorships of listed companies (past three years) and other directorships/ appointments:

Niek Jan van Damme

Board recommendation

Item 4 – Remuneration Report

Voting Exclusion Statement

Board recommendation

Sustainability

Responsible business

In FY18 we:

In FY18 we:

Environmental solutions

In FY18 we:

Conducting Telstra’s Annual General Meeting

Glossary

Internet of Things (IoT) – The

Your Shareholder Reference Number is:

SHAREHOLDER VOTING FORM

FURTHER INFORMATION ON VOTING

1. Voting under Section A – Direct Voting:

2. Voting under Section B - Appointing a Proxy:

Votes on items of business:

3. Voting exclusions item 4:

Voting by corporate representative:

Lodgement of Votes:

4. Deadline for Receipt:

Further information:

If you would like to attend and vote at the AGM, please bring this form with you as it will assist in registering your attendance.

Respecting your privacy:

Your Shareholder Reference Number is:

Shareholder Questions – Telstra 2018 Annual General Meeting

We're here to help

Respecting your privacy:

Your Reference Number is:

APPOINTMENT OF NOMINEE FORM

appoint the Chairman of the meeting (mark box)

Important note: Exercise of votes by the Chairman as nominee for item 4.

TELSTRA GROUP LIMITED AGM Information 2018