Results of 2022 Annual Meeting

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

26 August 2022


Results of 2022 Annual Meeting

At Infratil Limited’s (IFT) annual shareholders’ meeting, held at the Public Trust Hall, 131 Lambton
Quay, Wellington and online on 25 August 2022 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 Alison Gerry: That Alison Gerry be re-elected as a director of Infratil.

2. Re-election of Kirsty Mactaggart: That Kirsty Mactaggart be re-elected as a director of Infratil.

3. Election of Andrew Clark: That Andrew Clark be elected as a director of Infratil.

4. Payment of FY2021 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 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 the 2021
Scrip Option.

5. Payment of FY2022 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 second
instalment of the 2022 Incentive Fee (if payable) as the Board elects to pay by the issue of
Shares (2022 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 2022 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 Alison Gerry: That
Alison Gerry be re-elected as a director
of Infratil.
355,441,236
(95.36%)
17,300,016
(4.64%)
627,144
Re-election of Kirsty Mactaggart: That
Kirsty Mactaggart be re-elected as a
director of Infratil.
356,843,660
(99.25%)
2,698,031
(0.75%)
13,826,705
Election of Andrew Clark: That Andrew
Clark be elected as a director of Infratil.
358,983,971
(99.92%)
300,971
(0.08%)
13,862,454

2
Resolution For Against Abstain
Payment of FY2021 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 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 the 2021 Scrip
Option.
306,201,138
(88.00%)
41,758,521
(12.00%)
342,303
Payment of FY2022 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
second instalment of the 2022 Incentive
Fee (if payable) as the Board elects to
pay by the issue of Shares (2022 Scrip 4
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 2022 Scrip
Option.
306,548,816
(88.09%)
41,447,887
(11.91%)
332,526
Auditor’s remuneration: That the Board
be authorised to fix the auditor’s
remuneration.
357,616,475
(99.65%)
1,238,883
(0.35%)
14,513,038


Authority for this announcement
Name of person authorised to make this
announcement
Brendan Kevany, Company Secretary
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 26 August 2022