Memorandum

To: Market Participants

From: NZX Product Operations

Date: Thursday, 15 December 2022

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 the Infratil Limited Bonds (“IFTHC”) has been reset to 7.89% per annum, with effect from today, Thursday 15 December 2022.

The interest rate reset will be reflected in our trading system from market open on Friday, 16 December 2022.

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

ENDS