APA INFRASTRUCTURE LIMITED — Capital/Financing Update 2024

May 22, 2024

APA Group Limited ACN 091 344 704 | APA Infrastructure Trust ARSN 091 678 778 | APA Investment Trust ARSN 115 585 441 Level 25, 580 George Street Sydney NSW 2000 | PO Box R41 Royal Exchange NSW 1225 Phone +61 2 9693 0000 | Fax +61 2 9693 0093 APA Group | apa.com.au

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22 May 2024

ASX ANNOUNCEMENT

APA Infrastructure Limited (ASX:AP2)

TENDER SETTLEMENT

Attached is a copy of an announcement which is being released to the Singapore Exchange Securities Trading Limited (SGX) in respect of its announced settlement and cancellation of a portion of its outstanding £350,000,000 4.25 per cent. Guaranteed Notes due 2024 (ISIN: XS0858000606) (the “Notes”) by APA Infrastructure Limited (APAIL).

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Authorised for release by Amanda Cheney Company Secretary APA Group Limited

For further information, please contact:

Investor enquiries: Media enquiries: Kynwynn Strong Michael Cox General Manager Investor Relations & Capital Head of Media Relations & Financial Communications Telephone: +61 3 9463 8408 Telephone: +61 2 8044 7002 Mob: +61 410 481 383 Mob: +61 429 465 227 Email: ir@apa.com.au Email: Michael.Cox@apa.com.au

About APA Group (APA)

APA is a leading Australian Securities Exchange (ASX) listed energy infrastructure business. We own and/or manage and operate a diverse, $27 billion portfolio of gas, electricity, solar and wind assets. Consistent with our purpose to strengthen communities through responsible energy, we deliver approximately half of the nation’s gas usage and connect Victoria with South Australia, Tasmania with Victoria and New South Wales with Queensland through our investments in electricity transmission assets. We also own and operate renewable power generation assets in Australia, with wind and solar projects across the country. APA Infrastructure Limited is a wholly owned subsidiary of APA Infrastructure Trust and is the borrowing entity of APA Group. For more information visit APA’s website, apa.com.au.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA (THE “UNITED STATES”), OR TO ANY U.S. PERSON OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.

ONLY FOR COMMUNICATION TO PERSONS IN AUSTRALIA IF THEY ARE A PROFESSIONAL INVESTOR AS DEFINED IN SECTION 9 OF THE CORPORATIONS ACT 2001 (CTH) (THE “CORPORATIONS ACT”), OR OTHER INVESTOR REFERRED TO IN PARAGRAPH (A) OF CORPORATIONS REGULATION 7.9.97(1), AND WHOLESALE CLIENT FOR THE PURPOSES OF SECTION 761G OF THE CORPORATIONS ACT.

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APA Infrastructure Limited (ABN 89 009 666 700) announces settlement and cancellation of a portion of its outstanding £350,000,000 4.24 per cent. Guaranteed Notes due 2024 (ISIN: XS0858000606) (the “Notes”)

22 May 2024. APA Infrastructure Limited (ABN 89 009 666 700) (formerly known as APT Pipelines Limited) (the “ Offeror ”) refers to the announcements dated 9 May 2024 and 17 May 2024 and the tender offer memorandum dated 9 May 2024 (the “ Tender Offer Memorandum ”) prepared by the Offeror in relation to the invitation to holders of the outstanding Notes to tender such Notes for purchase by the Offeror for cash (the “ Offer ”).

Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum, copies of which are (subject to distribution restrictions) available from the Tender Website: https://deals.is.kroll.com/apa.

As of 21 May 2024, the Offeror completed the partial repurchase and cancellation of the Notes in aggregate principal amount of £220,602,000 (the “ Repurchased Notes ”) representing approximately 63.03% of the total principal amount outstanding of the Notes. After cancellation of the Repurchased Notes, the outstanding aggregate principal amount of Notes is £129,398,000.

Further Information

Questions and requests for assistance in connection with the tender of Notes including requests for a copy of the Tender Offer Memorandum may be directed to the Tender Agent.

TENDER AGENT

Kroll Issuer Services Limited

Email: apa@is.kroll.com Tender Website: https://deals.is.kroll.com/apa

In London In Hong Kong The Shard 3/F Three Pacific Place 32 London Bridge Street 1 Queen’s Road East London SE1 9SG Admiralty United Kingdom Hong Kong Telephone: +44 20 7704 0880 Telephone: +852 2281 0114

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