Chorus Limited

Level 10, 1 Willis Street

P O Box 632

Wellington

New Zealand

Email: company.secretary@chorus.co.nz

12 April 2023

Approval granted to UniSuper Limited to exceed 10% shareholding

Chorus has today been advised by the Crown that UniSuper Limited have been granted approval, should they choose to exercise it in the future, to acquire a relevant interest in up to 20% of Chorus shares.

Under Chorus' constitution, Crown approval is required if a shareholder wishes to have the option of holding 10% or more of Chorus shares.

ENDS

For further information:

Nathan Beaumont

Head of Corporate Relations

Phone: +64 4 896 4352

Mobile: +64 (21) 243 8412

Email:nathan.beaumont@chorus.co.nz

Brett Jackson

Investor Relations Manager

Phone: +64 4 896 4039

Mobile: +64 (27) 488 7808

Email:brett.jackson@chorus.co.nz

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Chorus Limited published this content on 12 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2023 01:49:03 UTC.