Chorus announces new Board chair and CFO resignation

Chorus Limited
Level 10, 1 Willis Street
P O Box 632
Wellington
New Zealand

Email: company.secretary@chorus.co.nz





STOCK EXCHANGE ANNOUNCEMENT

8 April 2022

Chorus announces new Board chair and CFO resignation

The Chorus Board today announced that current director Mark Cross will succeed Dr
Patrick Strange as chairman when Dr Strange stands down at Chorus’ next annual
shareholders meeting in October.

“Mark has been a Board member since November 2016 and is currently chair of Chorus’
Audit and Risk Management Committee. His extensive experience in strategic
governance, technology and corporate finance has been a great asset given some of
the challenges we’ve had to navigate as we funded the building of the fibre network
while awaiting the new regulatory framework.”

“I’m really pleased to be handing over to someone with a strong understanding of our
role as an essential infrastructure provider and the balance needed to encourage
ongoing investment that will deliver future consumer benefits,” Dr Strange said.

Mr Cross is currently chair of Milford Asset Management (retiring 1 July) and a director
of the Accident Compensation Corporation (and Investment Committee chair), Xero
(audit & risk committee chair) and Z Energy (will cease on completion of the Ampol
takeover).

Dr Strange is currently also chair of Auckland International Airport and a director of
Mercury NZ. He was recently awarded Chairperson of the Year at the Deloitte Top 200
Awards.

Chorus also announces today that its CFO David Collins has resigned and plans to leave
Chorus and return to Australia later in the year. Mr Collins will be working to ensure a
smooth handover to his successor once an appointment is made in the coming months.

Chorus CEO JB Rousselot acknowledged Mr Collins’ significant contribution to Chorus.

“David’s experience in regulated infrastructure was instrumental in Chorus finalising the
regulatory outcomes we achieved in 2021. He will leave having played a large part in
setting Chorus up for success in the new regulatory environment. We wish David well in
his next endeavours and acknowledge his desire to be closer to his wider family in
Australia,” Mr Rousselot said.

Authorised by:

Elaine Campbell
Chief Corporate Officer & General Counsel

ENDS

For further information:

Brett Jackson
Investor Relations Manager
Phone: +64 4 896 4039
Mobile: +64 (27) 488 7808
Email: Brett.Jackson@chorus.co.nz

Steve Pettigrew
Head of External Communications
Mobile +64 (27) 258 6257
Email: Steve.Pettigrew@chorus.co.nz