Chorus Limited Shareholders Approve Director Elections and New Constitution at Annual Meeting

Aditi Sarkar

04 November 2026 11:39 AM AEDT

Chorus Limited Shareholders Approve Director Elections and New Constitution at Annual Meeting

Image Source: Krish Capital Pty Ltd

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Chorus Limited (ASX:CNU) has disclosed that shareholders passed all four resolutions at the company's annual meeting of shareholders, held in Auckland and online on 4 November 2026, including the election of two directors and a special resolution to replace the company's constitution.

Key Points

All three ordinary resolutions and one special resolution were passed at Chorus' annual shareholder meeting held on 4 November 2026.
Ms Kate Jorgensen was re-elected as a Chorus director, receiving 307,618,067 votes in favour, representing 98.56% of votes cast.
Mr Paul Reid was elected as a Chorus director, receiving 311,909,204 votes in favour, representing 99.94% of votes cast.
A special resolution to revoke and replace Chorus' constitution was passed with 311,810,850 votes in favour (99.93%), with the replacement constitution taking effect on Monday 9 November 2026.
Chorus had 433,887,294 ordinary shares on issue as at the commencement of the meeting.

Director Elections at the Annual Meeting

Shareholders voted to re-elect Ms Kate Jorgensen as a Chorus director under Ordinary Resolution 1, with 307,618,067 votes cast in favour (98.56%) and 4,484,370 votes against (1.44%), with 66,278 abstentions. Under Ordinary Resolution 2, Mr Paul Reid was elected as a Chorus director, receiving 311,909,204 votes in favour (99.94%) and 201,952 votes against (0.06%), with 57,559 abstentions. All voting at the meeting was conducted by poll, as required by NZX Listing Rule 6.1. Both resolutions were supported by the Board.

KPMG Auditor Fee Authorisation

Ordinary Resolution 3, authorising the Chorus Board to fix the fees and expenses of KPMG as auditor, was also passed at the meeting. A total of 311,055,896 votes were cast in favour of the resolution, representing 99.66% of votes cast, while 1,073,096 votes were cast against (0.34%), with 39,723 abstentions. The resolution was supported by the Board. The filing did not disclose the amount of fees or expenses to be paid to KPMG.

Constitutional Replacement Takes Effect 9 November 2026

Special Resolution 4, to revoke Chorus' existing constitution and replace it with the replacement constitution described in Explanatory Note 3 of the Notice of Annual Meeting, was passed with 311,810,850 votes in favour (99.93%) and 230,795 votes against (0.07%), with 127,070 abstentions. According to the filing, as the special resolution was passed, Chorus' replacement constitution takes effect from Monday 9 November 2026, being three business days following the annual meeting. The resolution was supported by the Board.

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