• Superloop reaches 250,000 Origin broadband subscribers on its network
• Milestone 4 triggers share issuance to Superloop
• Shares subject to 12-month voluntary lock-up

Superloop Limited (ASX:SLC) has announced that it has achieved Milestone 4 of its exclusive 6-year contract with Origin Energy Retail Ltd and its subsidiaries (Origin). As of 4 March 2026, there are now over 250,000 Origin broadband subscribers on Superloop's network. Reaching this milestone triggers an obligation on Superloop to issue shares as consideration for the attainment and maintenance of a certain number of broadband customers onto Superloop's network. Each tranche of milestone shares is subject to shareholder approval and receipt of any required regulatory approvals, and are priced at the 30-day VWAP on the date the milestone is achieved. These shares are also subject to a voluntary lock-up of 12 months from the relevant milestone date. Superloop's purpose is to enable better internet for Australian homes and businesses, and it provides connectivity and services to customers in the Consumer, Business and Wholesale segments of the market. Hundreds of thousands of homes and businesses rely on Superloop and Exetel every day for their connectivity needs.