Investor Presentaiton

INFRASTRUCTURE FOR THE FUTURE FY2020 DISTRIBUTION GUIDANCE RECONFIRMED Robust cash flow from high quality network businesses ①Adjusted look- through EBITDA(1) $439m Up 3.6% HY2020 Distribution 7.0cps Regulated asset base(1) $6.3bn Up 3.5%(6) Contracted asset base (2) $0.3bn Up 123.5% (6) FY2020 Distribution guidance reconfirmed (3) 13.5cps at least (1) On an aggregated proportional basis to Spark Infrastructure (2) Includes Bomen Solar Farm and TransGrid CAB on a proportional basis to Spark Infrastructure (3) Subject to business conditions (4) Represents increase in RCAB and Bomen Solar Farm acquisition and construction costs (5) Funds From Operations (FFO)/ Net debt on a look-through basis (6) From balance as at 30 June 19 Spark Infrastructure I Investor Presentation | August 2020 Growth capital expenditure(4) $144m Up 10.5% FFO/ Net debt(5) 14.3% Down 0.1% 3

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