DOWNER EDI LIMITED — Capital/Financing Update 2020

Jul 29, 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

29 July 2020

DOWNER AWARDED $324 MILLION IN CONTRACT WINS AND EXTENSIONS

Downer EDI Limited (Downer) announced today that its Asset Services business had recently been awarded a number of contracts in the power generation, oil and gas, and industrial sectors with a combined value of approximately $324 million.

In the power generation market, Downer has been awarded multiple contracts including:

• a four-year contract with Delta Electricity to deliver major and minor outages and supplementary labour for the Vales Point power station on the NSW central coast;

• a contract for the installation of a refurbished Hitachi 500MW stator for the Loy Yang B Power Station in Victoria for LYB Operations & Maintenance Pty Ltd; and

• a contract with Stanwell Corporation for inspections and rewinds of six 350 MW generator rotors for its Stanwell and Tarong power stations in Queensland.

In the oil and gas market, Downer has been awarded:

• a three-year framework agreement with Santos for the provision of multi-discipline works across existing upstream operational sites. Services include structural, mechanical, electrical and instrumentation, provided across various site locations; and

• a one-year extension to an existing maintenance contract with the operator of the Darwin Liquified Natural Gas facility in Darwin.

In the industrials market, Downer has been awarded:

• a two-year contract with BHP for the delivery of sustaining capital projects across their Western Australian iron ore sites. The services cover sustaining capital projects in mechanical, electrical and rail; and

• a site services contract with Wesfarmers Chemicals, Energy and Fertilisers group for the provision of electrical maintenance and shutdowns over the Western Australian and Northern Territory operations.

The Chief Executive Officer of Downer, Grant Fenn, said the contract wins demonstrate Downer’s position as an industry leader in the delivery of major maintenance and specialist services to customers in the resources, energy and industrial sectors.

“Through our Asset Services business, Downer has an excellent track record of delivering installation, maintenance and shutdown services to our customers across Australia,” Mr Fenn said.

“These new and extended contracts are a strong endorsement of our capability as an asset management partner of choice and demonstrates the strength of our ongoing, long-term relationships with our customers.”

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Authorised for release by Downer’s Chief Executive Officer, Grant Fenn.

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. 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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