TELSTRA GROUP LIMITED — Capital/Financing Update 2025

Apr 29, 2025

Market Announcement

==> picture [33 x 50] intentionally omitted <==

30 April 2025

==> picture [451 x 5] intentionally omitted <==

Telstra Corporation Limited (ASX: TL1) – Issuer Substitution

Description

Telstra Corporation Limited (ASX: TL1) will substitute Telstra Group Limited (ASX: TLS) for itself as the issuer of fixed rate notes (‘Notes’) quoted on the ASX Wholesale Loan Securities Market (‘Issuer Substitution’). The Issuer Substitution will take effect on 30 April 2025.

The table below lists the Notes of TL1 quoted on ASX. From the commencement of trading on 1 May 2025, the ASX codes for the Notes will change from the code in the column ‘Current code’ to the code in the column ‘New code’.

Currentcode	Current issuer	Newcode	New issuer	Security Description
TL1HAA	Telstra CorporationLimited	TLSHAC	Telstra GroupLimited	EUR 500,000,000 1.00% Notes due 23April 2030
TL1HY	Telstra CorporationLimited	TLSHY	Telstra GroupLimited	EUR 750,000,000 1.125% Notes due 14April 2026
TL1HZ	Telstra CorporationLimited	TLSHZ	Telstra GroupLimited	EUR 600,000,000 1.375% Notes due 26March 2029

Each of TL1HAA, TL1HY and TL1HZ (and, from commencement of trading on 1 May 2025, each of TLSHAC, TLSHY and TLSHZ) will remain as wholesale debt securities quoted on the ASX Wholesale Loan Securities Market.

For further information, please refer to the announcement Telstra Corporation Limited (ASX: TL1) – Notices of Issuer Substitution dated 28 March 2025.

Disclaimer

Please refer to the following disclaimer.

Issued by

ASX Compliance

Market Announcement 1/1

30 April 2025 ASX Limited

ASX Customer Service Centre 131 279 | asx.com.au

#10895159v2