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Investor Presentaiton

Operating highlights T Continuing to deliver growth Mobile service net adds ■ +155k retail postpaid handheld services including +121k branded +34k Belong ■ +215k retail prepaid handheld unique users ■+218k wholesale MVNO including prepaid ☐ and postpaid services +1,024k loT services Improved customer experience Fixed service net adds ■ -87k retail fixed bundle and data services Episode NPS improved +5 last 12 months and maintained last six months Strategic NPS declined -5 last 12 months and -1 last six months ■ Mobile: +2.9% postpaid handheld ARPU growth, +14.2% prepaid handheld services revenue growth, +6.4% total services revenue growth, +$700m EBITDA growth ■ Fixed - C&SB: +2.4% bundles and data ARPU growth ■ Enterprise income and EBITDA growth. Fixed - Enterprise +2.3% EBITDA growth, +$152m NAS EBITDA growth ■ InfraCo Fixed: $2.4b income, +3.1% core access growth ■ Telstra Health: +13% organic revenue growth, +51% overall revenue growth to $243m Continued cost reduction >$2.7b underlying fixed cost reduction since FY16 ■ FY22: $454m or 8.1% underlying fixed cost reduction and $906m or 5.8% decline in total operating expenses¹ 1. 'Reported lease adjusted' includes all mobile handset leases as operating expenses in FY21. Page 5 Copyright TelstraⒸ Confidential Telstra August 2022 Debt Investor Presentation
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