GR ENGINEERING SERVICES LIMITED — Capital/Financing Update 2020

Apr 2, 2020

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ASX RELEASE

3 April 2020

For immediate release to the market

Contract Award - Upstream Production Solutions Arrowsmith Stabilisation Plant and Cliff Head Alpha Offshore Platform Facility

GR Engineering Services Limited (ASX:GNG) ( GR Engineering ) is pleased to announce that its wholly owned oil and gas services business, Upstream Production Solutions Pty Ltd ( Upstream PS ) has entered into a three-year contract with Triangle Energy (Operations) Pty Ltd ( Triangle Energy ) for the provision of operations and maintenance services to the Arrowsmith Stabilisation Plant ( ASP) and Cliff Head Alpha Offshore Platform ( Cliff Head) in the Perth Basin, Western Australia ( Contract ).

Upstream PS has been providing operations, maintenance, projects and advisory services to the ASP and Cliff Head facilities since they were commissioned in 2006 and this Contract secures its continued involvement in the project.

Commenting on the contract, GR Engineering’s Managing Director, Mr Geoff Jones, said:

“Upstream PS continues to perform well in challenging market conditions and we are excited that we have been given the opportunity to continue to support Triangle Energy.”

Ends.

For further information contact:

Geoff Jones

Managing Director

 +61 8 6272 6000

 geoff.jones@gres.com.au

Omesh Motiwalla

• CFO & Company Secretary  +61 8 6272 6000

•  omesh.motiwalla@gres.com.au

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GR ENGINEERING SERVICES LIMITED ABN 12 121 542 738 Tel: +61 8 6272 6000 Fax: +61 8 6272 6001 Email: gres@gres.com.au Website: www.gres.com.au PO Box 258, Belmont WA 6984 71 Daly Street, Ascot WA 6104

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About Upstream Production Solutions

Upstream Production Solutions is an industry leading, client focussed and rapidly growing business with an extensive track record in the provision of operations, maintenance, projects and advisory services to the oil and gas industry. Upstream Production Solutions has a strong reputation for providing safe, innovative and sustainable solutions to production challenges.

About GR Engineering

GR Engineering Services Limited (ASX:GNG) is an ASX listed engineering and consulting contractor specialising in fixed price engineering design and construction services to the resources and mineral processing industry.

GR Engineering has successfully completed the engineering design and construction of projects for a diverse range of clients, including global mining houses, mid-tier miners and junior developers undertaking their first project. Traditionally an EPC contractor, GRES also has the ability to contract through a variety of models, including EPCM and hybrid contracting arrangements.

GR Engineering also has a long history of providing a diverse range of process engineering consulting services, including feasibility study preparation and management, process design and peer review engagements. These services have been delivered for projects globally and play a key role in delivering organic growth opportunities through design and construction project execution.

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