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QUOTATION NOTICE: NZX DEBT MARKET INFRATIL LIMITED (“IFT380”) CAPITAL BONDS Company: Infratil Limited (“IFT”) Security Code: IFT380 ISIN: NZIFTD0380L2 Details of Issue: NZ$200 million unsecured, subordinated, repayable, cumulative, interest-bearing capital bonds ("Capital Bonds"). Offer Opening Date: Tuesday, 2 June 2026 Offer Closing Date: 11:00am, Friday, 5 June 2026 Maturity Date: Friday, 15 June 2057 Interest Rate: 5.50% per annum until the First Reset Date (15 June 2032). The Interest Rate will reset on each Reset Date (every five years after the First Reset Date) to be a fixed rate equal to the sum of the 5 Year Swap Rate on the Reset Date plus the Margin plus the Step-up Margin. Interest Payment Dates: 15 March, 15 June, 15 September and 15 December of each year during the term of the Capital Bonds and on the date on which the Capital Bonds are repaid. Date of First Interest Payment: Tuesday, 15 September 2026 First Interest Paid To: Holder on Record Date Record Date: 10 calendar days before the relevant Interest Payment Date or, if that date is not a business day, the immediately preceding business day. Minimum Application Amount: NZ$5,000 and multiples of $1,000 thereafter Minimum Holding: 5,000 Capital Bonds Minimum Transferable Amount: 1,000 Capital Bonds. IFT or the Registrar may decline to register a transfer if the transfer would result in the transferor or the transferee holding or continuing to hold a Non-marketable Parcel of Capital Bonds (unless the amount of Capital Bonds is zero). Face Value: NZ$1.00 per Capital Bond Supervisor: Trustees Executors Limited Joint Lead Managers: Bank of New Zealand, Craigs Investment Partners limited and Forsyth Barr Limited Trust Deed Dated: 2026 Capital Bonds Trust Deed dated 26 May 2026 between IFT as issuer and Trustees Executors Limited as supervisor. Registrar: MUFG Pension & Market Services (NZ) Limited Settlement Status: NZCDC Settlement System Issue Date: Monday, 15 June 2026 Expected Commencement of Trading on the NZX Debt Market: Tuesday, 16 June 2026 Graham Law Acting Chief Executive Officer NZX Limited 5 June 2026