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TELSTRA GROUP LIMITED M&A Activity 2023

Sep 7, 2023

65927_rns_2023-09-07_ec7a021d-6f0e-4b8a-831a-5e4bb5251070.pdf

M&A Activity

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==> picture [31 x 35] intentionally omitted <==

8 September 2023

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

ELECTRONIC LODGEMENT

  • Telstra Group Limited (ACN 650 620 303) - ASX: TLS

  • Telstra Corporation Limited (ACN 051 775 556) - ASX: TL1

AFR Article 7 September 2023

In accordance with the Listing Rules, the following statement is provided by Telstra Group Limited for release to the market. The statement is also provided for the information of Telstra Corporation Limited noteholders.

Telstra refers to an article (“Telstra leans into IT services; prepares binding offer for Versent”) published on the Australian Financial Review’s website at 8pm on 7/09/2023, that reported Telstra was preparing to table an offer to purchase Versent, a cloud consulting company.

Telstra confirms it is participating in the process. References to the value of the offer are speculative. There is no certainty a transaction involving Telstra will eventuate, should a transaction be finalised Telstra will update the market accordingly.

Release of announcement authorised by:

Vicki Brady Chief Executive Officer

General Enquiries : 03 8647 4838; E: [email protected] Investor Relations : 1800 880 679; E: [email protected]