Quotation Notice - Infratil Limited Bonds (“IFT380”)

QUOTATION NOTICE: NZX DEBT MARKET
INFRATIL LIMITED (“IFT380”) CAPITAL BONDS
NZX Limited, Level 2, NZX Centre, 11 Cable Street, PO Box 2959, Wellington 6140, New Zealand
Tel +64 4 472 7599, www.nzx.com


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

NZX Limited, Level 2, NZX Centre, 11 Cable Street, PO Box 2959, Wellington 6140, New Zealand
Tel +64 4 472 7599, www.nzx.com

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
05 June 2026