Memorandum

To: Market Participants
From: NZX Product Operations
Date: Wednesday, 15 December 2021
Subject: IFTHC - Interest Rate Reset

Message:
Further to the announcement made by Infratil Limited ("IFT") today, NZX Operations ("NZXO") advises that the interest rate payable on Infratil Limited ("IFTHC") Bonds has been reset to 4.19% per annum, with effect from today, 15 December 2021.

The interest rate reset will be reflected in our trading system from market open tomorrow, Thursday, 16 December 2021.

Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries.

ENDS