Infratil updates on Console Connect

Infratil Limited 5 Market Lane, PO Box 320, Wellington, New Zealand Tel +64-4-473 3663 www.infratil.com
31 October 2024


Infratil updates on Console Connect

In July 2023, Infratil announced that it had entered into a conditional agreement with HKT Trust and
HKT Limited to establish a strategic partnership to accelerate the growth of the Hong Kong-based
Console Connect global connectivity business.

Completion of the partnership was subject to the satisfaction of certain conditions precedent. These
conditions have not been satisfied within the agreed timeframes. As a result, the parties’ decided not
to proceed with the transactions contemplated by the conditional agreement, which will terminate.

Infratil CEO, Jason Boyes said “We remain positive about the global connectivity sector, particularly
next-generation software defined interconnection platforms like Console Connect has developed. We
will continue to explore the sector.”


Enquiries should be directed to:

Mark Flesher
Investor Relations
Email:
mark.flesher@infratil.com


Authorised for release by:

Brendan Kevany
Infratil Company Secretary