Results of 2021 Annual Meeting

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

19 August 2021


Results of 2021 Annual Meeting

At Infratil Limited’s (IFT) annual shareholders’ meeting, held online today at 2.30pm NZST,
shareholders were asked to vote on six resolutions, which were supported by the Board.

As required by NZX Listing Rule 6.1, all voting was conducted by a poll.

The resolutions passed by shareholders were:

1. Re-election of Mark Tume: That Mark Tume be re-elected as a director of Infratil.

2. Re-election of Paul Gough: That Paul Gough be re-elected as a director of Infratil.

3. Election of Jason Boyes: That Jason Boyes be elected as a director of Infratil.

4. Payment of FY2020 Incentive Fee by Share Issue: That Infratil be authorised to issue to
Morrison & Co Infrastructure Management Limited (Morrison & Co), within the time, in
the manner, and at the price, prescribed in the Management Agreement, such number of fully
paid ordinary shares in Infratil (Shares) as is required to pay all or such portion of the
third instalment of the 2020 Incentive Fee (if payable) as the Board elects to pay by the issue of
Shares (2020 Scrip Option), and the Board be authorised to take all actions and enter into any
agreements and other documents on Infratil’s behalf that the Board considers necessary to
complete the 2020 Scrip Option.

5. Payment of FY2021 Incentive Fee by Share Issue: hat Infratil be authorised to issue to
Morrison & Co Infrastructure Management Limited (Morrison & Co), within the time, in
the manner, and at the price, prescribed in the Management Agreement, such number of fully
paid ordinary shares in Infratil (Shares) as is required to pay all or such portion of the second
instalment of the 2021 Incentive Fee (if payable) as the Board elects to pay by the issue of
Shares (2021 Scrip Option), and the Board be authorised to take all actions and enter into any
agreements and other documents on Infratil’s behalf that the Board considers necessary to
complete each of the 2020 Scrip Option and the 2021 Scrip Option.

6. Auditor’s remuneration: That the Board be authorised to fix the auditor’s remuneration.

Detail of the total number of votes cast in person or by a proxy holder are:

Resolution For Against Abstain
Re-election of Mark Tume: That Mark Tume
be re-elected as a director of Infratil
258,241,115
(93.03%)
19,348,010
(6.97%)
31,819,125
Re-election of Paul Gough: That Paul Gough
be re-elected as a director of Infratil.
296,622,739
(99.96%)
122,998
(0.04%)
12,662,513
Election of Jason Boyes: That Jason
Boyesbe re-elected as a director of Infratil.
295,855,859
(99.94%)
179,298
(0.06%)
13,373,093
Payment of FY2020 Incentive Fee by Share
Issue: That Infratil be authorised to issue to
Morrison & Co Infrastructure Management
Limited (Morrison & Co), within the time, in
257,009,278
(88.35%)
33,876,633
(11.65%)
16,501,094

2
Resolution For Against Abstain
the manner, and at the price, prescribed in the
Management Agreement, such number of fully
paid ordinary shares in Infratil (Shares) as is
required to pay all or such portion of the
third instalment of the 2020 Incentive Fee (if
payable) as the Board elects to pay by the
issue of Shares (2020 Scrip Option), and the
Board be authorised to take all actions and
enter into any agreements and other
documents on Infratil’s behalf that the Board
considers necessary to complete the 2020
Scrip Option.
Payment of FY2021 Incentive Fee by Share
Issue: hat Infratil be authorised to issue to
Morrison & Co Infrastructure Management
Limited (Morrison & Co), within the time, in
the manner, and at the price, prescribed in the
Management Agreement, such number of fully
paid ordinary shares in Infratil (Shares) as
is required to pay all or such portion of the
second instalment of the 2021 Incentive Fee
(if payable) as the Board elects to pay by
the issue of Shares (2021 Scrip Option), and
the Board be authorised to take all actions and
enter into any agreements and other
documents on Infratil’s behalf that the Board
considers necessary to complete each of the
2020 Scrip Option and the 2021 Scrip Option.
256,924,219
(88.33%)
33,945,487
(11.67%)
16,517,299
Auditor’s remuneration: That the Board be
authorised to fix the auditor’s remuneration.
291,098,527
(98.23%)
5,253,183
(1.77%)
13,056,540

Authority for this announcement
Name of person authorised to make this
announcement
Nicholas Lough
Contact person for this announcement Mark Flesher
Contact phone number +64 4 473 2399
Contact email address mark.flesher@hrlmorrison.com
Date of release through MAP 19 August 2021