Debt Investor Presentation November 2019

Fibre to reach 87% of NZ population by 2023 Local fibre companies ~450k end users uptake ~255k Planned fibre footprint > Rollout progress > Uptake > Chorus to pass ~1.36m end users rollout 82% complete uptake ~624k = 55% of deployed footprint 12 November 2019 DEBT INVESTOR PRESENTATION Auckland: broadband connections by type (%) 13 15 72 ■ Fibre ■ VDSL ADSL CHORUS

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