Debt Investor Presentation November 2019

Our Network Infrastructure Copper VDSL to ~80% of lines; Fibre to pass ~1.36m end customers by end 2022 Exchange co-location: wireless co-location and network edge computing 6 Offices: fibre access and 'fibre to the desktop' ~600 exchanges Fibre to smart locations: CCTV, traffic lights Fibre backhaul: to mobile towers, small cells ~52,000km fibre; ~130,000km copper cable November 2019 IOT: pole and cabinet assets provide coverage and power infrastructure School Wi-Fi trials: extend school network to local students via Chorus network FTTP: enabling unlimited data, enhanced Wi-Fi and TV broadcast capability ~12,000 cabinets ~290,000 poles ~37,000km duct network DEBT INVESTOR PRESENTATION SCHOOL CHORUS

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