Chorus Q2 FY23 Connections update

Thursday 26th January 2023

The UFB rollout was completed in December with uptake remaining at 71% (rounded)

• 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

• 0.5% growth in uptake across all UFB areas with 75.5% (+0.5%) in UFB1 areas and 52% (+1%) in UFB2 areas

• 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)

• 3k broadband connections were added in Chorus UFB areas

• 1Gbps and Hyperfibre connections were 36% of mass market fibre adds in Q2

• Hyperfibre (2-8Gbps) connections grew 23%, with monthly volumes lifting steadily

Copper broadband and voice connections declined by 29k (Q1 FY23: -27k)

• voice only disconnections were -10k (Q1 FY23: -8k)

• copper withdrawal: 268 copper broadband cabinets no longer have active customers (Q1 FY23: 177 cabinets)

• CPI increase of 7.2% applied to copper baseband and copper broadband services from mid-December

• 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)

• ~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

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