Infratil announces its intention to buy back ordinary shares pursuant to Rules 4.14.1(a) and 4.14.1(b)(ii) on the basis outlined in the Notice of Meeting for the 2023 Annual Meeting (“Notice of Meeting”).

The buybacks may take place during the period from 18 August 2023 and 19 July 2024. Shares may be bought on-market or off-market, but the combined total of on-market and off-market purchases will not exceed 20,000,000 ordinary shares. On-market buybacks will only take place on the NZX Main Board, not the ASX.

Further details about Infratil’s buyback programme are set out in the Notice of Meeting.

Any enquiries should be directed to:

Mark Flesher, Investor Relations, Infratil Limited

info@infratil.com