Management Change/Compensation (Form 8-K)

On January 2, 2026, Blackstone Infrastructure Strategies Associates L.P., the general partner of Blackstone Infrastructure Strategies L.P. (the "Fund"), appointed Matthew JK Runkle as President of the Fund, effective immediately. Mr. Runkle will continue to serve as the Fund's Head of Acquisitions. Concurrent with this appointment and effective immediately, Kurt Summers departed his role as the Fund's President. Mr. Summers' departure was not related to the Company's financial or operating results or to any disagreements or concerns regarding the Company's financial or reporting practices.

Matthew JK Runkle, 47, has served as the Head of Acquisitions of the Fund since March 2025. He is also a Senior Managing Director and Head of Power and Midstream within Blackstone's Infrastructure group. Since joining Blackstone in 2017, Mr. Runkle has been involved in the execution of Blackstone investments, including Invenergy Renewables, a partnership with NextEra, Cheniere Energy Partners, and Tallgrass Energy. Before joining Blackstone, Mr. Runkle spent 15 years at ArcLight Capital Partners, a private equity firm focused on energy infrastructure investments. While at ArcLight, Mr. Runkle sourced, executed, and actively managed investments in assets and companies across the power and midstream sectors. Prior to that, Mr. Runkle began his career at The NorthBridge Group as an Analyst, where he focused on corporate strategy for vertically integrated utilities. Mr. Runkle serves as a director of Tallgrass Energy and Cheniere Energy Partners, L.P. Mr. Runkle previously served as a director of Cheniere Energy, Inc. from 2023 to 2024. Mr. Runkle received a B.S. in Geology and Geophysics from Yale University.

Mr. Runkle is a Senior Managing Director in the Infrastructure group of Blackstone and was requested by Blackstone to serve as the Fund's President. There are no family relationships between Mr. Runkle and any director or executive officer of the Fund and there are no transactions between Mr. Runkle and the Fund that would be required to be reported under Item 404(a) of Regulation S-K.