CIVMEC LIMITED — Capital/Financing Update 2022

Apr 28, 2022

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CIVMEC LIMITED

(Company Registration Number 201011837H)

Civmec Awarded Contract for Another of Perth’s Landmark Structures

PERTH, 29[th] April 2022 Civmec Limited (“ Civmec” or the “ Group” ) is pleased to announce that it has been formally awarded the design and construction of The Causeway Pedestrian and Cyclist Bridge in the Perth metropolitan area by Main Roads WA (MRWA). The Contract will be delivered in an integrated Alliance with Civmec, Seymour Whyte Constructions, WSP and MRWA.

As previously announced on 17 March 2022, the Alliance was selected as the preferred proponent for this contract and a signing ceremony took place today to formalise award of the contract.

At approximately 1000 metres long with a 6 metre wide shared pedestrian and cyclist path, it will provide safer access for the more than 1,400 cyclists and 1,900 pedestrians who use the path on the existing Causeway Bridge daily.

The project comprises two cable stayed bridges, approach embankments and connects Victoria Park foreshore with Heirisson Island and the Perth CBD at Point Fraser. The design acknowledges the rich Aboriginal history and culture of the area. The scope of work includes:

• The completion of the architectural and engineering design;

• Community and stakeholder engagement;

• The fabrication and transportation to site of approximately 1,500 tons of complex steel

  • structure from Civmec’s Henderson heavy engineering facility;

• Ground preparation, earthworks and piling for approach embankments;

• In-river works including piling, pile caps and pylon structures; and

• Bridge structural erection and electrical installation.

The project will be delivered in an alliance contract model, and the anticipated share of the works attributable to Civmec is approximately $55 million. The architectural and engineering effort will commence immediately with site works currently planned to commence in Q3 2022 with project completion anticipated for Q3 2024 (both calendar year). The project will provide employment to around 200 people between the manufacturing phase at Civmec’s Henderson heavy engineering facility and site construction.

Civmec’s Chief Executive Officer, Mr Patrick Tallon, said: “We are delighted to finalise this award after working with our Alliance partners since being announced as preferred proponent. It allows us to continue to demonstrate our capability to deliver significant and iconic projects in the infrastructure sector.”

This announcement was authorised for release to the SGX and ASX by the Board.

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CIVMEC LIMITED

(Company Registration Number 201011837H)

About Civmec Limited

Civmec is an integrated, multi-disciplinary construction and engineering services provider to the Oil & Gas, Metals & Minerals, Infrastructure and Marine & Defence sectors. Headquartered in Henderson, Western Australia, Civmec has regional offices in Newcastle (New South Wales, Australia), Gladstone (Queensland, Australia), and Port Hedland (Western Australia). The company is listed on the SGX (Singapore) and the ASX (Australia). Its core capabilities include heavy engineering, shipbuilding, modularisation, SMP (structural, mechanical, piping), EIC (electrical, instrumentation and control), precast concrete, site civil works, industrial insulation, maintenance, surface treatment, refractory and access solutions.

For more information, please visit our website at www.civmec.com.au.