News and announcements

Infratil Independent Valuation Update – 31 December 2025 Attached is an update on the independent valuations completed for three of Infratil’s portfolio companies as at 31 December 2025. Using the

Infratil Limited (“Infratil”) advises that the IFT300 Infrastructure Bonds (“IFT300 Bonds”) will mature on 15 March 2026. Infratil confirms that no Exchange Offer will be made available for these bonds.

Attached is a copy of the latest Infratil Newsletter for investors. It includes commentary on progress at various portfolio companies and confirms completion of the sale process for two previously

Ongoing disclosure notice attached for Alison Gerry.

Ongoing disclosure notices attached for Andrew Clark and Kirsty Mactaggart.

CDC Independent Valuation – 31 December 2025 CDC’s valuation increased in the quarter, supported by an additional 40MW of previously announced contracted capacity, the addition of 196MW of built operating