TELSTRA GROUP LIMITED — Board/Management Information 2015

Apr 16, 2015

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17 April 2015

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 08 8308 1721 Facsimile 03 9632 3215

ELECTRONIC LODGEMENT

Dear Sir or Madam

Robert Nason to retire from Telstra

In accordance with the Listing Rules, I attach a copy of a media release, for release to the market.

Yours faithfully

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Damien Coleman Company Secretary

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

ME D IA R EL E ASE

Robert Nason to retire from Telstra

17 April 2015 – Telstr a ’s Group E x ecutive of B u siness Sup p ort and Imp r ovement, R o bert Nason , will retire after cha m pioning an h istoric prod u ctivity and c u stomer adv o cacy agenda across Te l stra.

Mr Nason , 60, was th e Telstra exe c utive respo n sible for est a blishing a m ulti-year, m u lti-billion dollar productivi t y program and led the in t roduction of the Net Pro m oter Syste m into Telstr a to drive foc u s on customer a dvocacy. Chief Exe c utive Office r David Tho d ey today sai d Mr Nason h ad been a c ritical playe r in Telstra’s s hift in customer, market and employee p e rceptions a n d would be s orely misse d .

“Robert h a s taken on m any of our l a rge, compl e x, difficult o p portunities d uring the pa s t five years and made them into s trategic op p ortunities fo r Telstra and tangible be n efits for our c ustomers a n d sharehol d ers,” Mr Thodey s a id.

“He has b e en in tirele s s pursuit of w aste, inefficiency and fr u stration to m ake it easie r for us to do business and easie r for people to do busine s s with us.

“Robert le d us to intro d uce NPS in July 2012 w h ich is now e mbedded in the way Tel s tra people w ork to serve and delig h t customers . These cha n ges have b e en historic i n our transiti o n.” Mr Nason said he felt t he time was right to expl o re opportunities for non-executive di r ector roles, h aving been part of su c h a significant improvement and cha n ge program for five year s .

“While th e task can ne v er be regar d ed as com p leted, Telstr a has made s trong progr e ss on the productivity and servi c e agenda. It has a deepl y entrenche d focus on improving the e xperience f o r our custo m ers and a strong team capable o f taking it for w ard,” he sa i d.

Mr Nason joined Telst r a in February 2010 from Tabcorp wh e re he was M anaging Dir e ctor, Wage r ing responsib l e for Tabcorp's race wagering and m e dia businesses, including Sky Chan n el and Sydney radio station 2K Y . He joined Tabcorp in J une 2006 a f ter holding t h e position o f Chief Exec u tive of Raci n g Victoria for more t h an two yea r s.

Prior to th i s, he spent n early two d e cades in tel e communica t ions or relat e d industrie s . This includ e d holding the positi o ns of Vice P r esident & General Man a ger of Glob a l Industries w ith Electron i c Data Syst e ms Corporati o n in the U.S. and Executive Vice Pre s ident at AT Kearney.

Mr Nason held senior leadership p o sitions at C o opers & Ly b rand and K P MG where h is area of s p eciality was Communi c ations, Media and Enter t ainment in A ustralia and overseas. H e joined the Foxtel Boar d of Directors in March 2012 and was named Chair m an in May 2 012.

Mr Thode y said replac e ment arran g ements for M r Nason w o uld be dete r mined in th e near future. Mr Nason will contin u e in his role for several m onths then provide tran s ition suppor t and other a ssistance within the business, including m a intaining his FOXTEL re s ponsibilities, before leaving in Octob e r.

Media contact: Jason Laird, +61 ( 0 ) 488 1268 2 3 Email: m e dia@team.t e lstra.com Ref number: 065/2015

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