List of our investments in controlled entities

SECTION 6. OF OUR INVESTMENTS IN CONTROLLED ENTITIES The table below sets out a complete list of our controlled entities as at 30 June 2017. The ownership percentages represent the relevant percentage of equity held by the subsidiary’s immediate and ultimate parent, respectively.

Telstra Group % of equity % of equity held by held by immediate ultimate parent parent As at 30 June As at 30 June 2017 2016 2017 2016

Country of Name of entity incorporation % % % %

Parent entity Corporation Limited (a) Controlled entities 1300 Australia Pty Ltd Australia 85.0 85.0 85.0 85.0 • Alpha Phone Words Pty Ltd Australia 100.0 100.0 85.0 85.0 AFN Solutions Pty Ltd Australia 50.1 50.1 50.1 50.1 Chief Entertainment Pty Ltd Australia 100.0 100.0 100.0 100.0 CloudMed Pty Ltd Australia 100.0 100.0 100.0 100.0 DCA eHealth Solutions Pty Ltd (a) Australia 100.0 100.0 100.0 100.0 • Argus Connecting Care Pty Ltd Australia 100.0 100.0 100.0 100.0 • Communicare EHealth Solutions Pty Ltd Australia 100.0 100.0 100.0 100.0 • DCA Direct Health Pty Ltd (a) Australia 100.0 100.0 100.0 100.0 • KCS Solutions Pty Ltd Australia 100.0 100.0 100.0 100.0 Emerging Holdings Pty Ltd Australia 100.0 100.0 100.0 100.0 • Emerging Systems Pty Ltd Australia 100.0 100.0 100.0 100.0 • R&R Holdings Asia Pacific Pty Ltd Australia 100.0 100.0 100.0 100.0 Fred IT Group Pty Ltd (d)(e) Australia 50.0 50.0 50.0 50.0 • ERX Script Exchange Pty Ltd (d) Australia 100.0 100.0 50.0 50.0 • Fred Health Pty Ltd (d)(i) Australia 100.0 100.0 50.0 50.0 • Fred Retail Pty Ltd (d)(i) Australia 100.0 100.0 50.0 50.0 • Pharmacy Research Network Pty Ltd (d)(i) Australia 100.0 100.0 50.0 50.0 Mobile Payment Gateway Pty Ltd (formerly Fusion Payments Pty Ltd) (f) Australia 100.0 - 100.0 - Health IQ Pty Ltd Australia 100.0 100.0 100.0 100.0 Goodwin Enterprises (Vic) Pty Ltd (a) Australia 100.0 100.0 100.0 100.0 • O2 Networks Pty Ltd (a) Australia 31.6 31.6 100.0 100.0 Kelzone Pty Ltd (a) Australia 100.0 100.0 100.0 100.0

• O2 Networks Pty Ltd (a) Australia 31.7 31.7 100.0 100.0 Prentice Management Consulting Pty Ltd (a) Australia 100.0 100.0 100.0 100.0

• O2 Networks Pty Ltd (a) Australia 31.7 31.7 100.0 100.0 O2 Networks Pty Ltd (a) Australia 5.0 5.0 100.0 100.0

• Bridge Point Communications Pty Ltd (a) Australia 100.0 100.0 100.0 100.0

Telstra Corporation Limited and controlled entities | 1 List of our investments in controlled entities (continued)

Telstra Group % of equity % of equity held by held by immediate ultimate parent parent As at 30 June As at 30 June 2017 2016 2017 2016

Country of Name of entity incorporation % % % %

• Server Central Pty Ltd (i) Australia 100.0 100.0 100.0 100.0 iCareHealth Pty Ltd (a) Australia 100.0 100.0 100.0 100.0 Medinexus Pty Ltd Australia 100.0 100.0 100.0 100.0 Mercury Holdings Corporation Pty Ltd (f) Australia 100.0 - 100.0 - • MSC Mobility Pty Ltd (f) Australia 100.0 - 100.0 - • Mercury Services Group Pty Ltd (f) Australia 100.0 - 100.0 - • Mercury Devevelopment Group Pty Ltd (f) Australia 100.0 - 100.0 - Neto E-Commerce Solutions Pty Ltd (g) Australia 59.7 51.0 59.7 51.0 • Neto (Hong Kong) Limited (e) Hong Kong 100.0 100.0 59.7 51.0 Network Design and Construction Limited (a) Australia 100.0 100.0 100.0 100.0 • NDC Global Holdings Pty Ltd (i) Australia 100.0 100.0 100.0 100.0 • NDC Global Services Pty Ltd (i) Australia 100.0 100.0 100.0 100.0 NSC Group Pty Ltd (a) Australia 100.0 100.0 100.0 100.0

• NSC Enterprise Solutions Pty Ltd (a) Australia 100.0 100.0 100.0 100.0 • NSC NZ Limited New Zealand 100.0 100.0 100.0 100.0 Readify Pty Ltd (formerly Readify Limited) (a) Australia 100.0 100.0 100.0 100.0 • Huegin Consulting Group Pty Ltd Australia 100.0 100.0 100.0 100.0 Research Resources Pty Ltd (i) Australia 100.0 100.0 100.0 100.0 Telstra 3G Spectrum Holdings Pty Ltd Australia 100.0 100.0 100.0 100.0 Telstra Broadcast Services Pty Ltd (a) Australia 100.0 100.0 100.0 100.0 • Mediasat Pty Ltd Australia 100.0 100.0 100.0 100.0 Telstra Colorado Pty Ltd Australia 100.0 100.0 100.0 100.0 Telstra Communications Limited (a) Australia 100.0 100.0 100.0 100.0 Telstra Energy (Generation) Pty Ltd (f) Australia 100.0 - 100.0 - Telstra ESOP Trustee Pty Ltd Australia 100.0 100.0 100.0 100.0 Telstra Finance Limited (a) Australia 100.0 100.0 100.0 100.0 Telstra Foundation Limited Australia 100.0 100.0 100.0 100.0 Telstra Foundation () Inc. Philippines 100.0 100.0 100.0 100.0 Telstra Growthshare Pty Ltd Australia 100.0 100.0 100.0 100.0 Telstra International (Aus) Limited (a) Australia 100.0 100.0 100.0 100.0 Telstra iVision Pty Ltd (a) Australia 100.0 100.0 100.0 100.0 • Integrated Vision Pty Ltd (i) Australia 100.0 100.0 100.0 100.0 • iVision (QLD) Pty Ltd (i) Australia 100.0 100.0 100.0 100.0 • iVision Investments Pty Ltd (i) Australia 100.0 100.0 100.0 100.0

2 | Telstra Corporation Limited and controlled entities List of our investments in controlled entities (continued)

Telstra Group % of equity % of equity held by held by immediate ultimate parent parent As at 30 June As at 30 June 2017 2016 2017 2016

Country of Name of entity incorporation % % % %

• iVision (Unify) Pty Ltd (i) Australia 100.0 100.0 100.0 100.0 • Unify Pty Ltd (i) Australia 100.0 100.0 100.0 100.0 Telstra Media Pty Ltd (a) Australia 100.0 100.0 100.0 100.0 Telstra Multimedia Pty Ltd (a) Australia 100.0 100.0 100.0 100.0 Telstra OnAir Holdings Pty Ltd Australia 100.0 100.0 100.0 100.0 Telstra Pay TV Pty Ltd (a) Australia 100.0 100.0 100.0 100.0 Telstra Plus Pty Ltd (a) Australia 100.0 100.0 100.0 100.0 Telstra Readycare Pty Ltd (g) Australia 88.7 87.5 88.7 87.5 Telstra Services Solutions Holdings Limited (a)(i) Australia 100.0 100.0 100.0 100.0 The Silver Lining Consulting Group Pty Ltd (a) Australia 100.0 100.0 100.0 100.0 • Kloud Solutions (National) Pty Ltd (a) Australia 43.0 43.0 100.0 100.0 Kloud Solutions (National) Pty Ltd (a) Australia 57.0 57.0 100.0 100.0 • Kloud Solutions Pty Ltd Australia 100.0 100.0 100.0 100.0 • Kloud Solutions (NSW) Pty Ltd Australia 100.0 100.0 100.0 100.0 • Kloud Solutions (SA) Pty Ltd Australia 100.0 100.0 100.0 100.0 • Kloud Managed Services Pty Ltd Australia 100.0 100.0 100.0 100.0 Telstra SNP Monitoring Pty Ltd Australia 51.0 51.0 51.0 51.0 Telstra Ventures Pty Ltd (a) Australia 100.0 100.0 100.0 100.0 Telstra Holdings Pty Ltd (a) Australia 100.0 100.0 100.0 100.0 • Limited Bermuda 100.0 100.0 100.0 100.0 • Pacnet Services Corporation Limited Bermuda 100.0 100.0 100.0 100.0 Telstra Services Asia Pacific (HK) Limited (formerly Pacnet • Hong Kong 100.0 100.0 100.0 100.0 Services Asia Pacific (HK) Limited) Telstra Global (HK) Limited (formerly Pacnet Global (HK) • Hong Kong 100.0 100.0 100.0 100.0 Limited) • Asia Netcom Pacnet (Ireland) Limited Ireland 100.0 100.0 100.0 100.0 • Asia Global Crossing Finance Co. Ltd Bermuda 100.0 100.0 100.0 100.0 • Pacnet Services Holdings Limited Bermuda 100.0 100.0 100.0 100.0 • Pacnet Global Corporation (S) Pte Ltd 100.0 100.0 100.0 100.0 • Pacnet Services (A) Pty Ltd Australia 100.0 100.0 100.0 100.0 • Pacnet Services (Korea) Limited (e) Republic of Korea 100.0 100.0 100.0 100.0 • Pacnet Global () Sdn. Bhd. Malaysia 61.0 61.0 61.0 61.0 • Pacnet Services South Asia (Philippines) Inc. Philippines 100.0 100.0 100.0 100.0 • Pacnet Services Holdings () Limited (c)(d)(i) Thailand 49.0 49.0 49.0 49.0 • Pacnet Services (UK) Limited United Kingdom 100.0 100.0 100.0 100.0

Telstra Corporation Limited and controlled entities | 3 List of our investments in controlled entities (continued)

Telstra Group % of equity % of equity held by held by immediate ultimate parent parent As at 30 June As at 30 June 2017 2016 2017 2016

Country of Name of entity incorporation % % % %

Telstra Services (USA) Inc. (formerly Pacnet Services (USA) • United States 100.0 100.0 100.0 100.0 Inc.) • Pacnet Services () Corp. Japan 39.6 39.6 100.0 100.0 Telstra Services Global (S) Pte Ltd (formerly Pacnet Services • Singapore 100.0 100.0 100.0 100.0 Global (S) Pte Ltd) Telstra Global (Singapore) Pte Ltd (formerly Pacnet Global • Singapore 100.0 100.0 100.0 100.0 (Singapore) Pte Ltd) Pacnet Global Communications () Private Limited • India 99.9 99.9 100.0 100.0 (c)(e)(i) • Pacnet Services Holdings () Limited Taiwan 100.0 100.0 100.0 100.0 Telstra Services (Taiwan) Inc. (formerly Pacnet Services • Taiwan 11.0 11.0 100.0 100.0 (Taiwan) Inc.) • Telstra Internet (S) Pte Ltd (formerly Pacnet Internet (S) Pte Ltd) Singapore 100.0 100.0 100.0 100.0 • Pacnet Internet Services (S) Pte Ltd Singapore 100.0 100.0 100.0 100.0 • Pacnet Internet (HK) Limited Hong Kong 100.0 100.0 100.0 100.0 Pacific Business Solutions (China) (formerly known as • China 50.0 50.0 50.0 50.0 Pacnet Business Solutions (China)) (c)(d)(e) Pacific Business Solutions (China) Xi'an (formerly • China 100.0 100.0 50.0 50.0 Pacnet Business Solutions (China) Xi'an) (c)(d)(e) Pacific Business Solutions (China) Chongqing (formerly • China 100.0 100.0 50.0 50.0 Pacnet Business Solutions (China) Chongqing)(c)(d)(e) Pacific Business Solutions (China) Tianjin (formely • China 100.0 100.0 50.0 50.0 Pacnet Business Solutions (China) Tianjin) (c)(d)(e) Pacific Business Solutions (China) Shanghai (formerly • China 100.0 100.0 50.0 50.0 Pacnet Business Solutions (China) Shanghai) (c)(d)(i) • TPBS Limited (c)(d)(f)(e) Hong Kong 100.0 - 50.0 - • Pacnet Internet (A) Pty Ltd Australia 100.0 100.0 100.0 100.0 • Hunterlink Pty Ltd (c)(i) Australia 100.0 100.0 100.0 100.0 Pacific Internet India Private Limited (formerly Pacnet Internet • India 74.0 74.0 74.0 74.0 India Private Limited) (c)(e) • Pacific Digiway Limited (c)(d)(e)(i) Thailand 49.0 49.0 49.0 49.0 • Pacnet Network Limited Bermuda 100.0 100.0 100.0 100.0 • Pacnet Network 2 Limited Bermuda 100.0 100.0 100.0 100.0 • Pacnet Network (UK) Limited United Kingdom 100.0 100.0 100.0 100.0 • Pacnet Network (Korea) Limited (e) Republic of Korea 100.0 100.0 100.0 100.0 • Pacnet Network (Philippines) Inc. Philippines 100.0 100.0 100.0 100.0 • Pacnet Services (Japan) Corp. Japan 57.8 57.8 100.0 100.0 • Pacnet Cable Group Limited Bermuda 100.0 100.0 100.0 100.0 • Pacnet Cable Limited Bermuda 100.0 100.0 100.0 100.0

4 | Telstra Corporation Limited and controlled entities List of our investments in controlled entities (continued)

Telstra Group % of equity % of equity held by held by immediate ultimate parent parent As at 30 June As at 30 June 2017 2016 2017 2016

Country of Name of entity incorporation % % % %

• Pacnet Cable Global Networks Limited Bermuda 100.0 100.0 100.0 100.0 Telstra Cable (HK) Limited (formerly Pacnet Cable (HK) • Hong Kong 100.0 100.0 100.0 100.0 Limited) • C2C Pacnet (Ireland) Limited Ireland 100.0 100.0 100.0 100.0 • Pacnet Cable (Korea) Limited (e) Republic of Korea 100.0 100.0 100.0 100.0 • Iljin C2C Limited (c)(d)(e) Republic of Korea 49.0 49.0 49.0 49.0 • Pacnet Cable (Taiwan) Limited Taiwan 100.0 100.0 100.0 100.0 • Pacnet Cable (USA) Inc. United States 100.0 100.0 100.0 100.0 • Pacnet Services (Japan) Corp. Japan 2.6 2.6 100.0 100.0 • Asia Communications Investment Holdings (Taiwan) Limited Taiwan 100.0 100.0 100.0 100.0 • Asia Communications Investment (Taiwan) Limited Taiwan 100.0 100.0 100.0 100.0 Telstra Services (Taiwan) Inc. (formerly Pacnet Services • Taiwan 40.0 40.0 100.0 100.0 (Taiwan) Inc.) Telstra Services (Taiwan) Inc. (formerly Pacnet Services (Taiwan) • Taiwan 49.0 49.0 100.0 100.0 Inc.) Beijing Australia Telecommunications Technical Consulting Services • China 100.0 100.0 100.0 100.0 Co. Ltd (c) • Reach Holdings Limited (c) Mauritius 100.0 100.0 100.0 100.0 • Reach Network India Private Limited (c)(h) India 99.9 99.9 99.9 99.9 • Reach Data Services India Private Limited (c)(h) India - 99.9 - 99.9 • Telstra Asia Holdings Limited (b) British Virgin Islands - 100.0 - 100.0 • Telstra Asia Limited (c) British Virgin Islands 100.0 100.0 100.0 100.0 • Telstra SE Asia Holdings Limited (c) British Virgin Islands 100.0 100.0 100.0 100.0 • PT Reach Network Services Indonesia 90.0 90.0 90.0 90.0 • Telstra Asia Regional Holdings Limited (c) British Virgin Islands 100.0 100.0 100.0 100.0 • Telstra Malaysia Sdn. Bhd. Malaysia 51.0 51.0 51.0 51.0 • Telstra (Thailand) Limited (d) Thailand 49.0 49.0 49.0 49.0 • Telstra Network (Thailand) Limited (i) Thailand 68.0 68.0 65.3 65.3 • Telstra Network (Thailand) Limited (i) Thailand 32.0 32.0 65.3 65.3 • Telstra Philippines Holdings Limited (c) British Virgin Islands 100.0 100.0 100.0 100.0 • Incomgen Holdings Inc. (d)(i) Philippines 40.0 40.0 40.0 40.0 • Telstra Web Holdings Inc. Philippines 60.0 60.0 64.0 64.0 • Telstra Philippines Inc. Philippines 60.0 60.0 78.4 78.4 • Telstra Philippines Inc. Philippines 40.0 40.0 78.4 78.4 • Telstra Web Holdings Inc. Philippines 40.0 40.0 64.0 64.0 • Thai Cyber Web Co. Ltd (d)(i) Thailand 48.8 48.8 48.8 48.8

Telstra Corporation Limited and controlled entities | 5 List of our investments in controlled entities (continued)

Telstra Group % of equity % of equity held by held by immediate ultimate parent parent As at 30 June As at 30 June 2017 2016 2017 2016

Country of Name of entity incorporation % % % %

• Telstra Global Holdings Limited British Virgin Islands 100.0 100.0 100.0 100.0 • Telstra International Limited Hong Kong 100.0 100.0 100.0 100.0 • Telstra Global Limited United Kingdom 100.0 100.0 100.0 100.0 • PT Telstra Nusantara (i) Indonesia 100.0 100.0 100.0 100.0 • Telstra Limited United Kingdom 100.0 100.0 100.0 100.0 • Cable Telecommunication Limited (b) United Kingdom - 100.0 - 100.0 • Company 85 Limited (c)(e)(f) United Kingdom 100.0 - 100.0 - • DVS Channel Services Limited (c)(f)(i) United Kingdom 100.0 - 100.0 - • Cordoba Holdings Limited (i) Jersey 100.0 100.0 100.0 100.0 • Inteligen Communications Limited (i) United Kingdom 100.0 100.0 100.0 100.0 • London Hosting Centre Limited (b) Jersey - 100.0 - 100.0 • PSINet Datacentre UK Limited (i) United Kingdom 100.0 100.0 100.0 100.0 • PSINet Hosting Centre Limited (b) Jersey - 100.0 - 100.0 • PSINet Jersey Limited (b) Jersey - 100.0 - 100.0 • Telstra (Cable Telecom) Limited (b) United Kingdom - 100.0 - 100.0 • Telstra (PSINet) (b) United Kingdom - 100.0 - 100.0 • Telstra (CTE) Limited (b) United Kingdom - 100.0 - 100.0 • Dr Foster Intelligence Limited United Kingdom 100.0 100.0 100.0 100.0 • Dr Foster Research Limited (i) United Kingdom 100.0 100.0 100.0 100.0 • Dr Foster Limited United Kingdom 100.0 100.0 100.0 100.0 • Dr Foster Inc. (c) United States 100.0 100.0 100.0 100.0 • Telstra GmbH Germany 100.0 100.0 100.0 100.0 • Telstra Holdings (Bermuda) No 1 Limited Bermuda 100.0 100.0 100.0 100.0 • Telstra Holdings (Bermuda) No 2 Limited (b) Bermuda - 100.0 - 100.0 • Telstra Holdings Singapore Pte Ltd Singapore 100.0 100.0 100.0 100.0 • PT Teltranet Aplikasi Solusi (c)(d) Indonesia 49.0 49.0 49.0 49.0 • Telstra Inc. United States 100.0 100.0 100.0 100.0 • Telstra India (Private) Limited (c) India 100.0 100.0 100.0 100.0 • Telstra International HK Limited Hong Kong 100.0 100.0 100.0 100.0 • Telstra International Philippines Inc. Philippines 100.0 100.0 100.0 100.0 • Telstra International PNG Limited (c)(i) Papua New Guinea 100.0 100.0 100.0 100.0 • Telstra Japan K. K. Japan 100.0 100.0 100.0 100.0 • Telstra Network Services NZ Limited New Zealand 100.0 100.0 100.0 100.0 • Telstra NZ Limited New Zealand 100.0 100.0 100.0 100.0 • Telstra SARL France 100.0 100.0 100.0 100.0

6 | Telstra Corporation Limited and controlled entities List of our investments in controlled entities (continued)

Telstra Group % of equity % of equity held by held by immediate ultimate parent parent As at 30 June As at 30 June 2017 2016 2017 2016

Country of Name of entity incorporation % % % %

• Telstra Services Korea Limited Republic of Korea 100.0 100.0 100.0 100.0 • Telstra Singapore Pte Ltd Singapore 100.0 100.0 100.0 100.0 • Telstra Technology Services (Hong Kong) Limited Hong Kong 100.0 100.0 100.0 100.0 • Telstra Telecommunications Private Limited (c) India 74.0 74.0 74.0 74.0 • Willoughby (602) Limited United Kingdom 100.0 100.0 100.0 100.0 • Telstra Software Group Pty Ltd (a) Australia 100.0 100.0 100.0 100.0 • Ooyala Holdings Inc. (c)(g) United States 98.4 97.6 98.4 97.6 • Ooyala Inc. (c) United States 100.0 100.0 98.4 97.6 • Ooyala India Private Limited (c) India 100.0 100.0 98.4 97.6 • Ooyala International Inc. (c) United States 100.0 100.0 98.4 97.6 • Ooyala Australia Pty Ltd (c) Australia 100.0 100.0 98.4 97.6 • Ooyala Mexico, S. De R.L.De C.V. (c) Mexico 100.0 100.0 98.4 97.6 • Ooyala Singapore Pte Ltd (c) Singapore 100.0 100.0 98.4 97.6 • Ooyala UK Limited (c)(e) United Kingdom 100.0 100.0 98.4 97.6 • Ooyala AB (c) Sweden 100.0 100.0 98.4 97.6 • Ooyala Limited (c) United Kingdom 100.0 100.0 98.4 97.6 • Nativ Holdings Limited (c) United Kingdom 100.0 100.0 98.4 97.6 • Nativ Limited (c) United Kingdom 100.0 100.0 98.4 97.6 • Nativ Systems Limited (c) United Kingdom 100.0 100.0 98.4 97.6 • muru-D Pty Ltd Australia 100.0 100.0 100.0 100.0

Telstra Corporation Limited and controlled entities | 7 List of our investments in controlled entities (continued)

(a) ASIC deed of cross guarantee financial information There are no other members of the Extended Closed Group (as defined in the ASIC Instrument). Telstra Finance Limited is trustee under the Deed. However, it is not a member of the Closed Group or Telstra Corporation Limited and each of the wholly-owned the Extended Closed Group. subsidiaries set out below (together the “Closed Group”), have (b) Liquidations entered into a deed of cross guarantee, as defined in ASIC legislative instrument: ‘ASIC Corporations (Wholly-owned During the year, the following entities were liquidated: Companies) Instrument 2016/785’ (ASIC Instrument) dated 17 • Cable Telecommunication Limited (liquidated on 1 November May 2010 (Deed). 2016) The effect of the Deed is that each entity in the Closed Group • Telstra (Cable Telecom) Limited (liquidated on 1 November 2016) guarantees the payment in full of all debts of the other entities • Telstra (CTE) Limited (liquidated on 1 November 2016) in the Closed Group in the event of their winding up. • Telstra (PSINet) (liquidated on 1 November 2016) • Telstra Holdings (Bermuda) No 2 Limited (liquidated on 21 Pursuant to the ASIC Instrument, the wholly-owned November 2016) subsidiaries within the Closed Group are relieved from the • Telstra Asia Holdings Limited (liquidated on 29 November 2016) requirement to prepare and lodge separate financial • London Hosting Centre Limited (liquidated on 24 March 2017) statements, directors’ reports and auditors’ reports. • PSINet Hosting Centre Limited (liquidated on 4 April 2017) The statement of comprehensive income and statement of • PSINet Jersey Limited (liquidated on 4 April 2017) financial position disclosed in note 6.2.2 of our 2017 Financial (c) Controlled entities with different reporting dates Report present consolidated results of the Closed Group. 31 December • Beijing Australia Telecommunications Technical Consulting The following entities are party to the Deed and part of the Closed Services Co. Ltd Group: • Dr Foster Inc. • Hunterlink Pty Ltd • Telstra Corporation Limited • Iljin C2C Limited • Telstra Multimedia Pty Ltd • Ooyala Holdings Inc. and its controlled entities • Telstra International (Aus) Limited • Pacific Business Solutions (China) (formerly Pacnet Business • Telstra Pay TV Pty Ltd Solutions (China)) and its controlled entities • Telstra Ventures Pty Ltd • Pacific Digiway Limited • Telstra iVision Pty Ltd • Pacnet Services Holdings (Thailand) Limited • Telstra Communications Limited • PT Teltranet Aplikasi Solusi • Telstra Holdings Pty Ltd • Reach Holdings Limited • Network Design and Construction Limited • Telstra Asia Limited • NSC Enterprises Solutions Pty Ltd • Telstra Asia Regional Holdings Limited • NSC Group Pty Ltd • Telstra International PNG Limited • Telstra Services Solutions Holdings Limited • Telstra Philippines Holdings Limited • DCA eHealth Solutions Pty Ltd • Telstra SE Asia Holdings Limited • DCA Direct Health Pty Ltd • Kelzone Pty Ltd 30 September • Goodwin Enterprises (Vic) Pty Ltd • Company 85 Limited and its controlled entity • Prentice Management Consulting Pty Ltd • O2 Networks Pty Ltd 31 March • Telstra Plus Pty Ltd • Pacific Internet India Private Limited (formerly Pacnet Internet • Bridge Point Communications Pty Ltd India Private Ltd) • Kloud Solutions (National) Pty Ltd • Pacnet Global Communications (India) Private Limited • Telstra Broadcast Services Pty Ltd • Reach Data Services India Private Limited • Telstra Media Pty Ltd • Reach Network India Private Limited • The Silver Lining Consulting Group Pty Ltd • Telstra India (Private) Limited These entities were added as parties to the Deed via an assumption • Telstra Telecommunications Private Limited deed on 22 June 2017 and are also part of the Closed Group: (d) Controlled entities with our equity ownership less than or equal • iCareHealth Pty Ltd to 50 per cent • Readify Pty Ltd (formerly known as Readify Limited) We have effective control over the following entities through • Telstra Software Group Pty Ltd economic dependency and contractual arrangements with the On 14 June 2017, a revocation deed was lodged with ASIC to revoke majority shareholders and have consolidated them into our Group: and release NSC Group Pty Ltd and NSC Enterprise Solutions Pty Ltd • Telstra (Thailand) Limited from the Deed in preparation for the liquidation of these entities. The • Incomgen Holdings Inc. revocation deed will take effect six months after the date of • Thai Cyber Web Co. Ltd. lodgement with ASIC at which point NSC Group Pty Ltd and NSC Enterprise Solutions Pty Ltd will cease being members of the Closed We have control over FRED IT Group Pty Ltd and its controlled Group. entities, PT Teltranet Aplikasi Solusi and Pacific Business Solutions (China) (formerly known as Pacnet Business Solutions (China)) and its controlled entities, Iljin C2C Limited, Pacnet Services Holdings (Thailand) Limited and Pacific Digiway Limited through our decision making ability on the board.

8 | Telstra Corporation Limited and controlled entities List of our investments in controlled entities (continued)

(e) Controlled entities not individually audited by EY These companies are not audited by Ernst & Young (EY), our Australian statutory auditor. (f) New incorporations and business combinations Refer to note 6.1.1 of our 2017 Financial Report for details of business combinations for the financial year 2017. On 8 July 2016, we incorporated Telstra Energy (Generation) Pty Ltd of which we own 100 per cent. On 31 July 2016, we acquired Mercury Holdings Corporations Pty Ltd and its controlled entities of which we own 100 per cent. On 22 August 2016, we incorporated TPBS Limited of which we ultimately own 50 per cent. On 2 December 2016, we acquired Fusion Payments Pty Ltd (now known as Mobile Payment Gateway Pty Ltd) of which we own 100 per cent. On 2 June 2017, we acquired Company 85 Limited and its controlled entity of which we own 100 per cent. (g) Changes in controlling interest During the year, we increased our ownership interests in the following entities via additional equity contributions: • Increased ownership of Neto E-Commerce Solutions Pty Ltd from 51 per cent to 59.7 per cent • Increased ownership of Telstra Readycare Pty Ltd from 87.5 per cent to 88.7 per cent • Increased ownership of Ooyala Holdings Inc. from 97.6 per cent to 98.4 per cent. (h) Mergers On 26 April 2017, we merged the businesses of Reach Network India Private Limited and Reach Data Services India Private Limited. (i) Dormant These companies are dormant.

Telstra Corporation Limited and controlled entities | 9