Pantheon Infrastructure Regulatory News (PINT)

29 April 2022

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR TO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY MEMBER STATE OF THE EEA OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION, DISTRIBUTION OR RELEASE OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL.

PANTHEON INFRASTRUCTURE PLC

Correction: Deployment Update (committed total correction)

This announcement corrects the total amount expected to be invested through the three deals in legal closing and the assumed total for committed capital.

Pantheon Infrastructure PLC ("PINT" or the "Company"), the listed global infrastructure fund, is pleased to announce that, in addition to the five previously announced transactions, the Company has three further transactions in legal closing that it expects to close over the coming weeks.

These transactions comprise:

· A North American electricity generation asset with a provisional investment commitment of $57m

· A North American district heating asset with a provisional investment commitment of $46m

· A North American data centre asset with a provisional investment commitment of $32m.

At current exchange rates, these investments amount to a total of £108m and would take invested, committed and in legal closing capital to £250m, or approximately 64% of IPO proceeds1.

Further announcements will be made as each transaction completes.

The Company is hosting a webinar for analysts and institutional investors at 11am today (Friday 29 April 2022). For further details please contact TB Cardew or Investec on the contact details below.

Richard Sem, Partner at Pantheon, PINT's investment manager, commented:

"We're pleased with the momentum since the fund launched in November 2021 and excited about the potential within our growing portfolio of assets with strong defensive characteristics in sectors benefitting from growth tailwinds."

Vagn Sørensen, Chairman of the Company, commented:

"We're delighted to see the strong progress PINT has made since its listing. The investment manager is successfully constructing a diversified portfolio of high-quality, global infrastructure assets that is well-positioned to deliver on our objective of providing investors with attractive, risk-adjusted returns."

1 As of 28 April 2022. 'Invested' amount represents the assets announced that have been majority funded with small amounts reserved for follow on investments; 'Committed' represents the assets announced that are subject to final financial close; 'In legal closing' represents assets not yet announced but in final stages of legal closing. There is no guarantee that commitments under legal closing will be closed.

For further information, contact:

Notes to editors

PINT

PINT is a closed-ended investment company and an approved UK Investment Trust, listed on the Premium Segment of the London Stock Exchange's Main Market. The independent Board of Directors of PINT have appointed Pantheon, one of the leading private markets investment managers globally, as investment manager. PINT aims to provide exposure to a global, diversified portfolio of high-quality infrastructure assets through building a portfolio of direct co-investments in infrastructure assets with strong defensive characteristics, typically benefitting from contracted cash flows, inflation protection and conservative leverage profiles.

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Pantheon

Pantheon is a leading global private equity, infrastructure & real assets, private debt and real estate investor with 40 years' experience sourcing and executing private market investment opportunities on behalf of clients. Pantheon has $81.2 billion in assets under management and advice (as at 30 September 2021) and employs approximately 400 staff, including more than 115 investment professionals across offices in London, San Francisco, New York, Chicago, Hong Kong, Seoul, Bogotá, Tokyo, Dublin and Berlin.