Completion of the One New Zealand acquisition

On 7 June 2023, Infratil announced that it had reached an agreement with Brookfield Asset Management Ltd (together with its affiliates, 'Brookfield'), to acquire Brookfield's 49.95% stake in One New Zealand ('One NZ') for NZ$1.8 billion, increasing Infratil's ownership from 49.95% to 99.90% (the 'Acquisition'). Infratil is pleased to announce that completion of the Acquisition has occurred today. Investor enquiries should be directed to: Mark Flesher Investor Relations Infratil Limited Email: mark.flesher@infratil.com End CA:00413132 For:IFT Type:TRANSACT Time:2023-06-15 10:47:37