Correction: Acquisition of Qscan

Infratil Limited 5 Market Lane, PO Box 320, Wellington, New Zealand Tel +64-4-473 3663 www.infratil.com



16 December 2020



Correction: Acquisition of Qscan

On 26 October 2020, Infratil Limited (“Infratil”) announced that it had executed a conditional binding
offer to acquire up to 60% of Qscan Group Holdings Pty Ltd (“Qscan”) from Quadrant Private Equity
(“QPE”) and existing doctor and management shareholders, for total cash equity consideration of up
to A$330 million. Infratil’s offer was made in conjunction with the Morrison & Co Growth Infrastructure
Fund (“MGIF”), which conditionally offered to acquire up to ~15% of Qscan.

Infratil notes that it has made good progress towards obtaining approval from the Foreign Investment
Review Board of Australia, but the condition has not been fully satisfied at this stage. Infratil remains
optimistic that approval will be granted and completion of the transaction will occur this calendar year.

Infratil expects that its ownership stake in Qscan will be approximately 56%, which will be finalised as
part of completion.


Any enquiries should be directed to:

Mark Flesher, Investor Relations, Infratil Limited
mark.flesher@infratil.com
info@infratil.com