DOWNER EDI LIMITED — Capital/Financing Update 2020

Jan 22, 2020

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

23 January 2020

DOWNER AWARDED CONTRACT AT MEANDU MINE IN QUEENSLAND

Downer EDI Limited (Downer) announced today that it had been awarded a five-year contract, valued at approximately $600 million, to provide mining and related services at the Meandu Mine.

The mine is owned by Stanwell Corporation Limited and is in Queensland’s South Burnett Region. Under the contract, Downer will carry out full mining services, including operation of the Coal Handling and Preparation Plant (CHPP).

The new contract will extend Downer’s current operations at the mine, which commenced in 2013 and expires 30 June 2020.

The new contract will commence 1 July 2020.

The Chief Executive Officer of Downer, Grant Fenn, said Downer was very pleased to be extending its relationship with Stanwell.

“Downer has worked closely with Stanwell since 2013 and we look forward to continuing to provide safe and productive services at Meandu Mine,” he said.

Mr Fenn said Downer was a leading provider of mining services in Australia and its extensive Queensland operations included the Blackwater, Commodore, Goonyella and Meandu mines.

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 approximately 56,000 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

Page 1 of 1