Quotation Notice - Infratil Limited (“IFT370”)

QUOTATION NOTICE: NZX DEBT MARKET
INFRATIL LIMITED (“IFT370”)

Company: Infratil Limited ("IFT")

Security Code: IFT370

ISIN: NZIFTD0370L3

Details of Issue: An offer of NZ$100,000,000 unsecured, unsubordinated, fixed rate Bonds under the Firm Offer, and up to an additional NZ$43,413,442 of Bonds under the Exchange Offer.

Under the Exchange Offer, IFT is offering holders of the bonds
maturing on 15 June 2025 (Security Code IFT250) that are New
Zealand residents the opportunity to exchange some or all their
maturing bonds for Bonds on a one-to-one basis.

Firm Offer Opening Date: Thursday, 29 May 2025

Firm Offer Closing Date: 11.00am Wednesday, 4 June 2025

Exchange Offer Opening Date: 8.30am Thursday, 5 June 2025

Exchange Offer Closing Date: 5.00pm Wednesday, 11 June 2025

Maturity Date: 16 June 2032

Interest Rate: 6.16% per annum

Interest Payment Dates: 16 March, 16 June, 16 September and 16 December of each year up to and including the Maturity Date

Date of First Interest Payment: Monday, 16 June 2025. This is the same as the Issue Date. For Bonds allotted under the Firm Offer, no interest will have accrued and so no interest will be payable on the First Interest Payment Date. For Bonds allotted under the Exchange Offer, interest will accrue from (and including) 13 June 2025 (the business day immediately preceding 15 June 2025) to (but excluding) the First Interest Payment Date (16 June 2025).

First Interest Paid To: Original Subscriber

Record Date: 10 calendar days before the relevant Interest Payment Date, or if that date is not a business day, the immediately preceding business day.

Minimum Application Amount: NZ$5,000 and in multiples of NZ$1,000 thereafter

Minimum Holding: 5,000 Bonds

Minimum Transferable Amount: 1 Bond. IFT may decline to register a transfer if the transfer would result in the transferee holding less than the Minimum Holding Amount.

Face Value: NZ$1.00 per bond

Supervisor: Trustee Executors Limited

Joint Lead Managers: Bank of New Zealand, Craigs Investment Partners Limited and Forsyth Barr Limited

Trust Deed Dated: Master Trust Deed dated 11 November 1999 (as amended) and supplemented by a series supplement dated 29 May 2025

Registrar: MUFG Pension & Market Services (NZ) Limited ("LNKT")

Settlement Status: NZCDC Settlement System

Issue Date: Monday, 16 June 2025

Expected Commencement of Trading on the NZX Debt Market: Tuesday, 17 June 2025

Mark Peterson
Chief Executive Officer
NZX Limited

04 06 2025

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Announcement PDF