FTAI Infrastructure Inc. — Director's Dealing 2025

May 23, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FTAI Infrastructure Inc. (FIP)
CIK: 0001899883
Period of Report: 2025-05-23

Reporting Person: Fletcher Carl Russell IV (Chief Financial Officer, Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-05-23	Common Stock, par value $0.01 per share	P	20000	$5.33	Acquired	20000	Direct

Footnotes

F1: The shares were purchased in multiple transactions and the price reported is a weighted average price. The purchase prices ranged from $5.30 to $5.34. The reporting person
undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number
of shares purchased at each separate price within the range set forth in this footnote.