Capital Change Notice (Dividend Reinvestment Plan)

Infratil provides the attached Capital Change Notice pursuant to NZX Listing Rule 3.13.1. This notice relates to the issue of 3,761,082 ordinary shares in connection with the Dividend Reinvestment Plan first announced on 28 May 2025. Enquiries should be directed to: Mark Flesher Investor Relations mark.flesher@infratil.com