Chorus Q3 FY21 Connections Update

STOCK EXCHANGE ANNOUNCEMENT 15 April 2021 Q3 FY21 overview Total fixed line connections declined by 13k to 1,356,000* Copper broadband and voice connections declined by 42k (Q2 FY21: -50k; Q3 FY20: -44k) o fixed wireless providers are continuing inertia selling campaigns to their fixed line customers o 2degrees has begun promoting fixed wireless o Vodafone introduced new $40 4G fixed wireless plan with 60GB data Total broadband connections declined by 2k to 1,181,000* (Q2 FY21: -10k; Q3 FY20: -4k) o return of students from holidays helped restore some prior period disconnections o COVID-19 impact on net migration and population growth continues to constrain broadband growth Fibre broadband connections increased by 29k (Q2 FY21: +29k; Q3 FY20: +32k) o 1Gbps consumer connections increased 7k o fibre uptake across the completed UFB footprint grew from 63% to 64%, with Chorus' managed migrations programme adding another 7k activations o average monthly data usage on fibre increased to 491GB, up from 460GB in Dec (including upstream traffic) o Sky TV began promoting fibre broadband to its existing customer base towards the end of Q3 *totals exclude the 11,000 broadband connections Chorus is currently providing free to student households Authorised by: JB Rousselot Chief Executive Officer ENDS For further information: Steve Pettigrew Head of External Communications Mobile +64 (27) 258 6257 Email: Steve.Pettigrew@chorus.co.nz Brett Jackson Investor Relations Manager Phone: +64 4 896 4039 Mobile: +64 (27) 488 7808 Email: Brett.Jackson@chorus.co.nz End CA:00370669 For:CNU Type:MKTUPDTE Time:2021-04-15 08:30:57