Infratil Limited advises that the Coupon Rate on the Perpetual Infratil Infrastructure Bonds (PiiBs) for the period 15 November 2022 to the next reset date, being 15 November 2023, is 6.45% per annum payable quarterly in arrear. The Coupon Rate is equal to the One Year Swap Rate (for quarterly payments) on 15 November 2022, plus the Margin of 1.50% per annum.

For further details contact:

Tom Robertson

tom.robertson@hrlmorrison.com

+64 4 550 5432