The Board of Directors of Keppel Infrastructure Fund Management Pte. Ltd., in its capacity as trustee-manager of Keppel Infrastructure Trust to announce that it has obtained the Loan Facility pursuant to a facility agreement dated 11 December 2023. Under the terms and conditions of the Facility Agreement, the Borrower will be required to pay all outstanding loans under the Loan Facility immediately in the event that: the Trustee-Manager ceases to be wholly-owned (whether directly or indirectly) by Keppel Capital Holdings Pte.

Ltd. and/or Keppel Corporation Limited and an entity wholly-owned (whether directly or indirectly) by KCHPL and/or KCL is not appointed as a replacement or substitute trustee-manager of KIT in accordance with the terms of the deed of trust constituting KIT and applicable law prior to such cessation (the "Change of Control Event"); and/or KIFM resigns, retires, is removed or ceases to be or is unable to continue to act as trustee-manager of KIT and an entity wholly-owned (whether directly or indirectly) by KCHPL and/or KCL is not appointed as a replacement or substitute trustee-manager of KIT in accordance with the terms of the deed of trust constituting KIT and applicable law prior to such cessation (the "Mandatory Prepayment Event").