INFRATIL LIMITED. — Director's Dealing 2021

Aug 5, 2021

==> picture [99 x 29] intentionally omitted <==

Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited; and Name of listed issuer: Infratil Limited (IFT) Date this disclosure made: 6-Aug-21 Date of last disclosure: Director or senior manager giving disclosure Full name(s): Jason Boyes Name of listed issuer: Infratil Limited Name of related body corporate (if applicable): Position held in listed issuer: Chief Executive Officer Summary of acquisition or disposal of relevant interest (excluding specified derivatives) Class of affected quoted financial products: Ordinary shares in IFT Nature of the affected relevant interest(s): Beneficial owner For that relevant interest- Number held in class before acquisition or disposal: 0 Number held in class after acquisition or disposal: 715,346 Current registered holder(s): Morrison Trustee Holdings Limited Registered holder(s) once transfers are registered: Morrison Trustee Holdings Limited

1

Details of transactions giving rise to acquisition or disposal

Total number of transactions to which notice relates:

Details of transactions requiring disclosure-

Date of transaction: Nature of transaction:

Name of any other party or parties to the transaction (if known):

3-Aug-21 Allocation of beneficial owenership of shares in connection with Fixed Trading Plan as announced on 30 March 2021

Morrison Trustee Holdings Limited in its capacity as the trustee of the Morrison & Co Holdings Trust

The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal. If the consideration was not in cash and cannot be readily by converted into a cash value, describe the consideration:

Number of financial products to which the transaction related: If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period without written clearance (a closed period) include the following details—

Whether relevant interests were acquired or disposed of during a closed period:

Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period:

Date of the prior written clearance (if any):

No Not applicable Not applicable

715,346

Summary of other relevant interests after acquisition or disposal:

Class of quoted financial products: Nature of relevant interest: For that relevant interest,- Number held in class: Current registered holder(s):

For a derivative relevant interest,-

Type of derivative:

Not applicable Not applicable Not applicable Not applicable

Details of derivative,-

The notional value of the derivative (if any) or the notional amount of underlying financial products (if any):

A statement as to whether the derivative is cash settled or physically settled: Maturity date of the derivative (if any): Expiry date of the derivative (if any): The price's specified terms (if any):

Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products:

For that derivative relevant interest,- Parties to the derivative:

If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:

Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable

Certification

I, certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. Signature of director or officer:

Date of signature: or Signature of person authorised to sign on behalf of director or officer: Date of signature: Name and title of authorised person:

6-Aug-21 Nicholas Lough Company Secretary

==> picture [99 x 30] intentionally omitted <==

Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests

Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited; and Name of listed issuer: Date this disclosure made: Date of last disclosure: Director or senior manager giving disclosure Full name(s): Name of listed issuer: Name of related body corporate (if applicable): Position held in listed issuer:

Infratil Limited 6-Aug-21 Phillippa Harford Infratil Limited (IFT) Chief Financial Officer

Summary of acquisition or disposal of relevant interest (excluding specified derivatives) Class of affected quoted financial products: Ordinary shares in IFT Nature of the affected relevant interest(s): Beneficial owner For that relevant interest- Number held in class before acquisition or disposal: 0 Number held in class after acquisition or disposal: 30,294 Current registered holder(s): Morrison Trustee Holdings Limited Registered holder(s) once transfers are registered: Morrison Trustee Holdings Limited

1

Details of transactions giving rise to acquisition or disposal

Total number of transactions to which notice relates:

Details of transactions requiring disclosure-

Date of transaction: Nature of transaction:

Name of any other party or parties to the transaction (if known):

3-Aug-21 Allocation of beneficial owenership of shares in connection with Fixed Trading Plan as announced on 30 March 2021

Morrison Trustee Holdings Limited in its capacity as the trustee of the Morrison & Co Holdings Trust

The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal. If the consideration was not in cash and cannot be readily by converted into a cash value, describe the consideration:

Number of financial products to which the transaction related: If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period without written clearance (a closed period) include the following details—

Whether relevant interests were acquired or disposed of during a closed period:

Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period:

Date of the prior written clearance (if any):

No Not applicable Not applicable

30,294

Summary of other relevant interests after acquisition or disposal:

Class of quoted financial products: Nature of relevant interest: For that relevant interest,- Number held in class: Current registered holder(s):

Ordinary shares in IFT Beneficial ownership 30,599 Phillippa Mary Harford, Paul Edward Harford and Peter William Conley as Trustees of the Harford Family Trust

For a derivative relevant interest,-

Type of derivative:

Details of derivative,-

The notional value of the derivative (if any) or the notional amount of underlying financial products (if any):

A statement as to whether the derivative is cash settled or physically settled: Maturity date of the derivative (if any): Expiry date of the derivative (if any): The price's specified terms (if any): Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: For that derivative relevant interest,- Parties to the derivative:

If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:

Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable

Certification

I, certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. Signature of director or officer:

Date of signature:

or

Signature of person authorised to sign on behalf of director or officer: Date of signature: Name and title of authorised person:

6-Aug-21 Nicholas Lough Company Secretary

==> picture [99 x 29] intentionally omitted <==

Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests

Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited; and Name of listed issuer: Infratil Limited Date this disclosure made: 6-Aug-21 Date of last disclosure: 19-Jan-21 Director or senior manager giving disclosure Full name(s): Paul Newfield Name of listed issuer: Infratil Limited (IFT) Name of related body corporate (if applicable): Position held in listed issuer: Morrison & Co CEO (Designate)

Summary of acquisition or disposal of relevant interest (excluding specified derivatives) Class of affected quoted financial products: Ordinary shares in IFT Nature of the affected relevant interest(s): Beneficial owner For that relevant interest- Number held in class before acquisition or disposal: 0 Number held in class after acquisition or disposal: 537,315 Current registered holder(s): Morrison Trustee Holdings Limited Registered holder(s) once transfers are registered: Morrison Trustee Holdings Limited

1

Details of transactions giving rise to acquisition or disposal

Total number of transactions to which notice relates:

Details of transactions requiring disclosure-

Date of transaction:

Nature of transaction:

Name of any other party or parties to the transaction (if known):

3-Aug-21

Allocation of beneficial owenership of shares in connection with Fixed Trading Plan as announced on 30 March 2021 Morrison Trustee Holdings Limited in its capacity as the trustee of the Morrison & Co Holdings Trust

The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal. If the consideration was not in cash and cannot be readily by converted into a cash value, describe the consideration:

Number of financial products to which the transaction related: If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period without written clearance (a closed period) include the following details—

Whether relevant interests were acquired or disposed of during a closed period:

Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period:

Date of the prior written clearance (if any):

No Not applicable Not applicable

537,315

Summary of other relevant interests after acquisition or disposal:

Class of quoted financial products: Nature of relevant interest: For that relevant interest,- Number held in class: Current registered holder(s): For a derivative relevant interest,- Type of derivative:

Ordinary shares in IFT Registered and beneficial holder 294,060 Paul Newfield

Details of derivative,-

The notional value of the derivative (if any) or the notional amount of underlying financial products (if any):

A statement as to whether the derivative is cash settled or physically settled: Maturity date of the derivative (if any): Expiry date of the derivative (if any): The price's specified terms (if any): Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products:

For that derivative relevant interest,- Parties to the derivative:

If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:

Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable

Certification

I, certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. Signature of director or officer:

Date of signature:

or

Signature of person authorised to sign on behalf of director or officer: Date of signature: Name and title of authorised person:

6-Aug-21 Nicholas Lough Company Secretary