DOWNER EDI LIMITED — Capital/Financing Update 2019

Dec 19, 2019

Downer EDI Limited ABN 97 003 872 848 Triniti Business Campus 39 Delhi Road North Ryde NSW 2113 1800 DOWNER www.downergroup.com

Media/ASX and NZX Release

20 December 2019

CONFLUENCE WATER JV TO DELIVER SERVICES FOR SYDNEY WATER

Downer EDI Limited (Downer) announced that Confluence Water Pty Ltd (Confluence Water), a joint venture consisting of Downer, Broadspectrum and Jacobs, has been announced as one of three consortia to deliver services under Sydney Water’s Partnering for Success program.

Confluence Water will deliver design, construction, maintenance and facilities management services in Sydney Water’s North region, which stretches from Sydney Harbour to the Hawkesbury River and includes the Hills Shire.

Confluence Water is responsible for the maintenance, renewal and upgrade of existing assets in the region, as well as the construction of new assets, such as pipelines, pump stations and wastewater treatment plants.

The program of work will be delivered over a 10-year period, with a review at the five-year mark to assess each consortium’s performance. Sydney Water estimates the total value of the contract is approximately $2 billion.

Confluence Water will support Sydney Water in delivering world-class services to over one million people living in the North region by driving innovation in design, construction and asset management, as well as providing opportunities within the local communities in which we operate.

The Chief Executive Officer of Downer, Grant Fenn, said Downer had a long and successful history of safely delivering water infrastructure projects for its customers.

“Downer is very pleased to be selected for such a significant long-term partnership,” Mr Fenn said. “We look forward to working closely with Sydney Water and our joint venture partners to deliver these vital services to the growing region of Northern Sydney.”

Authorised for release by Grant Fenn, Chief Executive Officer and Managing Director.

About Downer

Downer is the leading provider of integrated services in Australia and New Zealand and customers are at the heart of everything it does. It exists to create and sustain the modern environment and its promise is to work closely with its customers to help them succeed, using world-leading insights and solutions to design, build and sustain assets, infrastructure and facilities. Downer employs more than 53,000 people across more than 300 sites, primarily in Australia and New Zealand, but also in the Asia-Pacific region, South America and Southern Africa. It also owns 88 per cent of Spotless Group Holdings Limited. For more information visit downergroup.com.

For further information please contact:

Michael Sharp, Group Head of Corporate Affairs and Investor Relations

+61 439 470 145

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