27 August 2026

One New Zealand announces network sharing proposal

One New Zealand has today announced its proposed plans to establish a network infrastructure sharing arrangement with 2degrees, to combine each company’s radio access network infrastructure in a new, jointly-owned business.

A copy of the One New Zealand announcement is attached.

Any enquires should be directed to:

Brett Jackson

Infratil Investor Relations Director

Email: brett.jackson@infratil.com

Media

Email: media@morrisonglobal.com

Authorised for release by:

Matthew Ross

Chief Financial Officer