Infratil issues new shares via dividend reinvestment plan

Infratil Limited has confirmed the issue of 2,117,681 new ordinary fully paid shares on December 16, 2025, through its dividend reinvestment plan (DRP). These shares, issued at NZD 11.425428 per security, represent 0.21% of the company's total financial products, excluding Treasury Stock. The payment for these shares was made in cash, and they will rank equally with all other fully paid ordinary shares in Infratil Limited.

This issuance stems from board resolutions dated November 12, 2025, authorising the DRP for the interim FY2026 dividend payable on December 16, 2025.

Following this transaction, Infratil's total quoted securities on ASX will increase to 999,312,470 ordinary shares. The company's unquoted securities include IFTAA: BONDS VARIOUS CLASSES totaling 1,487,385,825 and IFTAB: TREASURY STOCK totaling 1,662,617. The announcement was authorised by Andrew Carroll, chief financial officer, and released on December 16, 2025.