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Infratil advises that it has approved the on-market acquisition of up to $40 million of Infratil shares on behalf of Morrison & Co. The shares will be acquired on market pursuant to a fixed trading plan. Approval for the acquisition was obtained by Morrison & Co in accordance with Infratil's Financial Product Trading Policy. Mark Tume, Infratil's Chairperson, said that "the acquisition of shares by Morrison & Co is a vote of confidence in Infratil's continued performance and follows a similar fixed trading plan, in favour of Morrison & Co and executives, in March 2021". Any enquiries should be directed to: Mark Flesher, Investor Relations, Infratil Limited mark.flesher@infratil.com End CA:00387996 For:IFT Type:MKTUPDTE Time:2022-02-25 15:25:48