INFRATIL LIMITED. — Director's Dealing 2025

Apr 6, 2025

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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: 7-Apr-25 Date of last disclosure: Director or senior manager giving disclosure Full name(s): Name of listed issuer: Name of related body corporate (if applicable): N/A Position held in listed issuer: Summary of acquisition or disposal of relevant interest (excluding specified derivatives) Class of affected quoted financial products:

Infratil Limited (IFT) 7-Apr-25 17-Mar-25 Paul Joseph Charles Newfield Infratil Limited N/A Morrison CEO

Ordinary Shares in IFT Relevant interest arises as: * Paul is a director, and person who has the power to (among other things) exercise, or control the exercise of, the right to vote attached to 20% or more of the Nature of the affected relevant interest(s): voting products of Pekara Pty Ltd. * Pekara Pty Ltd is the sole registered holder and beneficial owner of the relevant IFT financial products (as trustee for the Podgora Trust). For that relevant interest- Number held in class before acquisition or disposal: 1,571,923 Number held in class after acquisition or disposal: 1,771,993 Current registered holder(s): N/A Pekara Pty Ltd (ACN 677 436 458) Registered holder(s) once transfers are registered: as trustee for the Podgora Trust

Details of transactions giving rise to acquisition or disposal Total number of transactions to which notice relates:

4

Details of transactions requiring disclosure- Date of transaction: Nature of transaction: Name of anyotherpartyorparties to the transaction(if known): 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 financialproducts 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 duringa closedperiod:	Details of transactions requiring disclosure- Date of transaction: Nature of transaction: Name of anyotherpartyorparties to the transaction(if known): 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 financialproducts 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 duringa closedperiod:
Date of transaction:		31-Mar-25	2-Apr-25	3-Apr-25	4-Apr-25
Nature of transaction:		On market acquisition	On market acquisition	On market acquisition	On market acquisition
Name of anyotherpartyorparties to the transaction(if known):		N/A	N/A	N/A	N/A
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:		$5,883.86($10.2328per share)	$563,819.74 ($10.2522 per share)	$431,944.50 ($10.1634per share)	$995,244.60 ($9.7573 per share)
Number of financialproducts to which the transaction related:		575	54,995	42,500	102,000
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—		N/A N/A N/A OrdinaryShares in IFT Relevant interest arises as: Paul is a director, and person who has the power to exercise, or control the exercise of, the right to vote attached to 20% or more of the voting products, of Morrison Trustee Holdings Limited. Morrison Trustee Holdings Limited is the sole registered holder and beneficial owner of the relevant IFT financial products (in its capacity as the trustee of The Morrison & Co Holdings Trust).
Whether relevant interests were acquired or disposed of duringa closedperiod:		N/A
Whether prior written clearance was provided to allow the acquisition or disposal to proceed duringthe closedperiod:		N/A
Date of the prior written clearance (if any):		N/A
Summary of other relevant interests after acquisition or disposal: Class ofquoted financialproducts: Nature of relevant interest:
Class ofquoted financialproducts:		OrdinaryShares in IFT
Nature of relevant interest:		Relevant interest arises as: Paul is a director, and person who has the power to exercise, or control the exercise of, the right to vote attached to 20% or more of the voting products, of Morrison Trustee Holdings Limited. Morrison Trustee Holdings Limited is the sole registered holder and beneficial owner of the relevant IFT financial products (in its capacity as the trustee of The Morrison & Co Holdings Trust).

Ordinary Shares in IFT Relevant interest arises as: * Paul is a director, and person who has the power to exercise, or control the exercise of, the right to vote attached to 20% or more of the voting products, of Morrison Trustee Holdings Limited. * Morrison Trustee Holdings Limited is the sole registered holder and beneficial owner of the relevant IFT financial products (in its capacity as the trustee of The Morrison & Co Holdings Trust). 485,645 Morrison Trustee Holdings Limited

Nature of relevant interest: For that relevant interest,- Number held in class: Current registered holder(s): 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 person authorised to sign on behalf of director or officer: Date of signature: Name and title of authorised person:

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7-Apr-25 Brendan Kevany, Company Secretary