TPG TELECOM LIMITED. — Share Issue/Capital Change 2026

Apr 1, 2026

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

TPG TELECOM LIMITED.

Date of this announcement

Thursday April 02, 2026

The +securities the subject of this notification are:

Unquoted options that have been exercised or other unquoted +convertible securities that have been converted Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
TPG	ORDINARY FULLY PAID	4,453,231	31/03/2026

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

1 / 7

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

Part 1 - Entity and announcement details

1.1 Name of entity

TPG TELECOM LIMITED.

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type Registration number ACN 096304620

1.3 ASX issuer code

TPG

1.4 The announcement is

New announcement

1.5 Date of this announcement

2/4/2026

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

2 / 7

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Unquoted options that have been exercised or other unquoted +convertible securities that have been converted

2.2b The +securities being issued, transferred or re-classified as a result of the options being exercised or other +convertible securities being converted are:

securities that have already been quoted on ASX ("existing class")

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

3 / 7

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

satisfied by:
A transfer of existing +securities
The underlying securities being received by the holder are:
Already quoted by ASX
Existing +securities converting into an	existing class
FROM (Existing Class)
ASX +Security code and description
TPGAA : DEFERRED SHARE RIGHTS
TO (Existing Class)
ASX +Security code and description
TPG : ORDINARY FULLY PAID
Please state the number of options	The first date the options were	The last date the options were
that were exercised or other	exercised or other +convertible	exercised or other +convertible
+convertible securities that were	securities were converted	securities were converted
converted	31/3/2026	31/3/2026
2,273,895

Is this all of the options or other +convertible securities on issue of that type? No Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates who are exercising options or converting +convertible securities.

Name of KMP	Name of registered holder	Number of +securities
Inaki Berroeta	Inaki Berroeta	420,797
Jonathan Rutherford	Jonathan Rutherford	108,384
John Boniciolli	John Boniciolli	57,741
Vanessa Hicks	Vanessa Hicks	91,445
James Gully	James Gully	40,388

Date the +securities the subject of this notification were issued/transferred

31/3/2026

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

4 / 7

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

Any other information the entity wishes to provide about the +securities the subject of this notification

Vesting of Deferred Share Rights for the CEO and Managing Director, executive KMP and non KMP employees of TPG Telecom Limited, for the FY23 and FY24 short term incentive plan. The underlying securities were purchased on market and held in the TPG Telecom Limited Employee Share Trust. Further details are available in the 2025 Remuneration Report in the 2025 TPG Telecom Limited Annual Report.

Issue details

Number of +securities

2,273,895

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

A transfer of existing +securities

The underlying securities being received by the holder are: Already quoted by ASX Existing +securities converting into an existing class FROM (Existing Class) ASX +Security code and description TPGAB : PERFORMANCE RIGHTS

TO (Existing Class)
ASX +Security code and description
TPG : ORDINARY FULLY PAID
Please state the number of options	The first date the options were	The last date the options were
that were exercised or other	exercised or other +convertible	exercised or other +convertible
+convertible securities that were	securities were converted	securities were converted
converted	31/3/2026	31/3/2026
2,179,336

Is this all of the options or other +convertible securities on issue of that type? No Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates who are exercising options or converting +convertible securities.

Name of KMP	Name of registered holder	Number of +securities
Inaki Berroeta	Inaki Berroeta	872,588
Jonathan Rutherford	Jonathan Rutherford	228,441
Vanessa Hicks	Vanessa Hicks	106,803

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

5 / 7

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

Date the +securities the subject of this notification were issued/transferred

31/3/2026

Any other information the entity wishes to provide about the +securities the subject of this notification

Vesting of Performance Rights for the CEO and Managing Director, executive KMP and non KMP employees of TPG Telecom Limited, for the FY23 long term incentive plan. The underlying securities were purchased on market and held in the TPG Telecom Limited Employee Share Trust. Further details are available in the 2025 Remuneration Report in the 2025 TPG Telecom Limited Annual Report.

Issue details

Number of +securities

2,179,336

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

6 / 7

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	oted +securities (Total number of each +class of +securities issued and qu	oted on ASX)
ASX +TPG :4.2 UnASX +TPGATPGATPGA	security code and descriptionORDINARY FULLY PAIDquoted +securities (Total number of each +class of +securities issued butsecurity code and descriptionA : DEFERRED SHARE RIGHTSB : PERFORMANCE RIGHTSC : PERFORMANCE RETENTION RIGHTS	+not quoted on+	Total numbsecurities on i1,963,02ASX)Total numbsecurities on i1,185,442,11	er ofssue9,400er ofssue4,6345,6603,570

4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

7 / 7