Chorus : Capital change notice - buyback

Capital Change Notice

Updated as at 17 October 2019

Acquisition of Ordinary Shares

This notice is given under NZX Listing Rule 3.13.1 and s.65(2) of the Companies Act 1993, and relates to the acquisition of ordinary shares in Chorus Limited under the on-market share buyback programme announced by Chorus to the market on 21 February 2022.

Section 1: Issuer information

Name of issuer	Chorus Limited
NZX ticker code	CNU
Class of financial product	Ordinary Shares
ISIN (If unknown, check on NZX website)	NZCNUE0001S2
Section 2: Capital change details
Number issued/acquired/redeemed	65,641
Nominal value (if any)	N/A
Issue/acquisition/redemption price per security	NZD $6.9629 (average) in
	respect of 24,400 ordinary
	shares acquired on NZX
	AUD $6.2902 in respect of
	41,241 ordinary shares
	acquired on ASX
Nature of the payment (for example, cash or other	Cash
consideration)
Amount paid up (if not in full)	Paid in full
Percentage of total class of Financial Products	0.0147%
issued/acquired/redeemed/ (calculated on the number of
Financial Products of the Class, excluding any Treasury Stock,
in existence)
For an issue of Convertible Financial Products or Options, the	N/A
principal terms of Conversion (for example the Conversion
price and Conversion date and the ranking of the Financial
Product in relation to other Classes of Financial Product) or the
Option (for example, the exercise price and exercise date)
Reason for issue/acquisition/redemption and specific authority	Acquisition under Board
for issue/acquisition/redemption/ (the reason for change must	approved buyback programme
be identified here)	announced on 21 February
	2022
Total number of Financial Products of the Class after the	446,543,119 ordinary shares
issue/acquisition/redemption/Conversion (excluding Treasury
Stock) and the total number of Financial Products of the Class	None held as treasury stock
held as Treasury Stock after the issue/acquisition/redemption.
In the case of an acquisition of shares, whether those shares	No
are to be held as treasury stock
Specific authority for the issue, acquisition, or redemption,	Board resolution dated 18
including a reference to the rule pursuant to which the issue,	February 2022
acquisition, or redemption is made

	NZX Listing Rule 4.14.1(a)
Terms or details of the issue, acquisition, or redemption (for	Shares acquired will be
example: restrictions, escrow arrangements)	cancelled
Date of issue/acquisition/redemption	14/06/2022
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement	David Collins
Chief Financial Officer
Contact person for this announcement	Brett Jackson
Investor Relations Manager
Contact phone number	[phone]
[phone]
Contact email address	[e-mail]
Date of release through MAP	15/06/2022

The identity of the seller or sellers (and the beneficial owner or owners) of the Chorus ordinary shares is not known to Chorus.