IFTHC – Interest Rate Reset

Memorandum To: Market Participants From: NZX Product Operations Date: Tuesday, 15 December 2020 Subject: IFTHC - Interest Rate Reset Message: NZX Operations ("NZXO") advises that the interest rate payable on the Infratil Limited ("IFT") Bonds ("IFTHC") has been reset to 2.75% per annum, with effect from Tuesday, 15 December 2020. The interest rate reset will be reflected in our trading system from market open on Wednesday, 16 December 2020. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00365067 For:IFT Type:MEMO Time:2020-12-15 15:44:39