Results of 2026 Annual Meeting
19/08/2026 08:40 NZST, MEETING
At Infratil Limited’s annual meeting, held yesterday at Public Trust Hall, 131-135 Lambton Quay, Wellington and online, shareholders were asked to vote on 5 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. That Brad Banducci be elected as a director of Infratil.
2. That Anne Urlwin be re-elected as a director of Infratil.
3. That Jason Boyes be re-elected as a director of Infratil.
4. Payment of FY2025 Incentive Fee by Share Issue: That Infratil be authorised to issue to Morrison Infrastructure Management Limited (Morrison), 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 2025 Incentive Fee (to the extent payable) as the Board elects to pay by the issue of Shares (2025 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.
5. That the Board be authorised to fix the auditor’s remuneration.
Details of the total number of votes cast in person or by a proxy holder are:
Resolution For Against Abstain
That Brad Banducci be elected as a director of Infratil. 633,965,228
99.97% 190,412
0.03% 526,829
That Anne Urlwin be re-elected as a director of Infratil. 623,245,462
98.26% 11,006,178
1.74% 430,829
That Jason Boyes be re-elected as a director of Infratil. 564,608,542
88.97% 70,008,750
11.03% 65,177
Payment of FY2025 Incentive Fee by Share Issue: That Infratil be authorised to issue to Morrison Infrastructure Management Limited (Morrison), 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 2025 Incentive Fee (to the extent payable) as the Board elects to pay by the issue of Shares (2025 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. 526,484,302
91.43% 49,351,075
8.57% 809,026
That the Board be authorised to fix the auditor’s remuneration. 619,791,369
97.68% 14,742,583
2.32% 148,517
As at the commencement of the meeting, Infratil Limited had 1,002,103,685 shares on issue excluding treasury stock.
Authority for this announcement
Name of person authorised to make this announcement Brendan Kevany, Company Secretary
Contact person for this announcement Brett Jackson
Contact phone number +64 4 473 2399
Contact email address info@infratil.com
Date of release through MAP 19 August 2026