News and announcements

Memorandum To: Market Participants From: NZX Product Operations Date: Tuesday, 25 May 2021 Subject: Infratil Limited IFT220 Maturity and Exchange for IFT310 Message: NZX Operations (“NZXO”) advises that the Infratil

QUOTATION NOTICE: NZX DEBT MARKET INFRATIL LIMITED BONDS (“IFT310") Issuer: Infratil Limited Ticker Code: IFT310 ISIN: NZIFTD0310L9 Details of Issue: Up to $50 million of Bonds in aggregate across both

Infratil Infrastructure Bond Offer Opens 3.60% p.a. due 15 December 2027 Infratil Limited (“Infratil”) announces that its offer of unsecured, unsubordinated fixed rate Infrastructure Bonds to New Zealand retail and

Please see attached a Substantial Product Holder Notice for Accident Compensation Corporation (ACC) in Infratil Limited ("IFT").

Ongoing disclosure notice attached.

Infrastructure investment company Infratil Limited (‘Infratil’) (NZX, ASX ticker code IFT) today announced its full year results for the year ended 31 March 2021. Infratil owns renewable energy, digital infrastructure,

Ongoing disclosure notice attached.

AGREEMENT TO ACQUIRE STAKE IN PACIFIC RADIOLOGY GROUP UNCONDITIONAL On 29 April 2021, Infratil Limited (“Infratil”) announced that it has executed a conditional agreement to acquire between 50.1% and 60%

Infratil intends to announce its full year results for the period ended 31 March 2021 on Wednesday, 19 May 2021. There will be a briefing for investors, analysts and media

Please see attached a Substantial Product Holder Notice for Accident Compensation Corporation (ACC) in Infratil Limited ("IFT").

INFRATIL ANNOUNCES AGREEMENT TO ACQUIRE STAKE IN PACIFIC RADIOLOGY GROUP Infratil Limited (“Infratil”) announces that it has executed a conditional agreement to acquire between 50.1% and 60% of Pacific Radiology

INFRATIL CONFIRMS SUPPORT FOR INCREASE IN TILT RENEWABLES SCHEME CONSIDERATION Infratil confirms its support for the announcement today by Tilt Renewables Limited (Tilt) that it has amended the Scheme Implementation

Infratil acknowledges Tilt Renewables’ announcement this morning regarding discussions to determine whether it can secure for shareholders a superior scheme arrangement as compared to the scheme of arrangement disclosed to

Ongoing disclosure notice attached.

Ongoing disclosure notice attached.

INFRATIL APPROVES ACQUISITION ON BEHALF OF MORRISON & CO AND EXECUTIVES Infratil advises that it has approved the on-market acquisition of $20 million of Infratil shares on behalf of certain

Ongoing disclosure notice attached.

Allotment of Infratil Limited Infrastructure Bonds due 15 March 2026 attached.

INFRATIL CONFIRMS SUPPORT FOR ACQUISITION PROPOSAL FOR TILT FROM A CONSORTIUM OF POWERING AUSTRALIAN RENEWABLES AND MERCURY NZ Infratil welcomes the announcement today by Tilt Renewables Limited (Tilt) that it

Infratil has released the presentation material for its annual Investor Day, which this year is fully virtual. Presentations will be recorded during the day and will be available to view