The Strike Price used to calculate entitlements under the Infratil Dividend Reinvestment Plan (“DRP”) in respect of the FY2023 interim dividend has been set at NZ$9.9557 per share.

The Strike Price is calculated as the volume weighted average sale price for ordinary shares in Infratil (“Shares”) based on all trades of Shares on the NZX Main Board over a period of ten trading days commencing on and including the first trading day after the Election Date (being 4 December 2023).

There have been no adjustments to the Strike Price by Infratil (including for any exceptional or unusual circumstances), and no discount applied.

Shareholders who have elected to participate in the DRP will receive Shares instead of cash in respect of the FY2023 interim dividend payable on 19 December 2023.

Enquiries should be directed to:

Mark Flesher

Investor Relations

Email: mark.flesher@infratil.com