Chorus Q2 FY23 Connections update

STOCK EXCHANGE ANNOUNCEMENT 25 January 2023 Q2 FY23 overview Total fibre connections increased by 17k to 997,000 (Q1 FY23: +21k) The UFB rollout was completed in December with uptake remaining at 71% (rounded) o Chorus' target of 1 million total fibre connections was achieved in mid-January, despite fibre connection growth in Q2 being affected by field workforce constraints o 0.5% growth in uptake across all UFB areas with 75.5% (+0.5%) in UFB1 areas and 52% (+1%) in UFB2 areas o Auckland reached 80.5% (+0.5%) uptake, while Wellington grew to 70% (+1%) and some areas (e.g. Dunedin) saw demand affected by student holidays Total broadband connections reduced 2k to 1,188,000* (Q1 FY23: +1k) o 3k broadband connections were added in Chorus UFB areas o 1Gbps and Hyperfibre connections were 36% of mass market fibre adds in Q2 o Hyperfibre (2-8Gbps) connections grew 23%, with monthly volumes lifting steadily Copper broadband and voice connections declined by 29k (Q1 FY23: -27k) o voice only disconnections were -10k (Q1 FY23: -8k) o copper withdrawal: 268 copper broadband cabinets no longer have active customers (Q1 FY23: 177 cabinets) o CPI increase of 7.2% applied to copper baseband and copper broadband services from mid-December o total fixed line connections declined by 12k to 1,285,000* (Q1 FY23: -7k) Average monthly data usage on fibre was 555GB in December (Sept: 554GB) o ~15% of fibre connections consume 1,000GB+ a month *totals exclude 8,000 broadband connections Chorus is partly subsidising for 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:00405756 For:CNU Type:MKTUPDTE Time:2023-01-25 08:30:28