MONADELPHOUS GROUP LIMITED — Capital/Financing Update 2019

Aug 19, 2019

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20 August 2019

Company Announcements Australian Securities Exchange Limited Level 4, 20 Bridge Street SYDNEY NSW 2000 AUSTRALIA

Dear Sir / Madam

RE: MONADELPHOUS CONTRACTS UPDATE

Please find attached a copy of an announcement to be issued today by Monadelphous Group Limited regarding the award of a major construction contract with Albermarle Lithium Pty Ltd.

Yours sincerely,

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Philip Trueman Company Secretary

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ASX RELEASE

20 August 2019

MONADELPHOUS CONTRACTS UPDATE

Engineering company Monadelphous Group Limited (ASX:MND) (“Monadelphous” or “the Company”) today announced it has been awarded a major construction contract at Albemarle Lithium Pty Ltd’s (“Albemarle”) new Kemerton lithium hydroxide plant in the south-west region of Western Australia

Under the contract, Monadelphous will deliver the pyromet structural, mechanical and piping (SMP) package of work, as well as associated piping fabrication for Albemarle’s lithium hydroxide plant. Work will commence immediately and be complete by early 2021.

Monadelphous will be supporting the local community by offering local employment and supply opportunities.

Monadelphous Managing Director, Rob Velletri, said, “We look forward to working with Albemarle for the first time on the construction of such an important project and to expand our presence in the growing lithium sector.”

“This contract along with a number of other recently announced contract awards in the resource sector have kicked off a promising start to the 2020 financial year bringing the total value of contracts secured since July to over $400 million.”

Further Information

Analysts/Investors Media Kristy Glasgow Ella McCarthy Investor Relations Group Manager - Marketing and Communications T +61 8 9316 6386 T +61 8 6311 1018 M +61 403 781 909 M +61 401 404 874 investor_relations@monadel.com.au EMcCarthy@monadel.com.au

About Monadelphous

Monadelphous Group Limited (ASX: MND) is a leading Australian engineering group providing construction, maintenance and industrial services to the resources, energy and infrastructure sectors. The Company has two operating divisions − Engineering Construction, providing large-scale multidisciplinary project management and construction services, and Maintenance and Industrial Services, specialising in the planning, management and execution of mechanical and electrical maintenance services, shutdowns, fixed plant maintenance services and sustaining capital works.

Monadelphous is headquartered in Perth, Western Australia, with a major office in Brisbane, Queensland, and projects, facilities and workshops across Australia and in New Zealand, China, Mongolia, Papua New Guinea and the United States of America. Please visit www.monadelphous.com.au for more information.