Memorandum

To: Market Participants

From: NZX Product Operations

Date: Tuesday, 15 November 2022

Subject: IFTHA – 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 (“IFTHA”) Bonds has been reset to 6.45% per annum, with effect from today, Tuesday, 15 November 2022.

The interest rate reset will be reflected in our trading system from market open tomorrow, Wednesday, 16 November 2022.

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

ENDS