SCIDEV LTD — Capital/Financing Update 2021

Apr 26, 2021

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Unit 1 8 Turbo Road Kings Park NSW 2148 Australia ABN 25 001 150 849

Email: admin@scidev.com.au Website: www.scidev.com.au ASX code: SDV

Companies Announcements Office Australian Stock Exchange

27 April 2021

Haldon awarded contract with Sydney’s Gateway Road Project

Highlights

• Haldon Industries (Haldon) has been awarded the contract to design, construct and commission a Sequencing Batch Reactor Leachate Treatment Plant for Sydney’s $2.6 billion Gateway Road Project

• Revenue is expected to be approximately $1.5m to $2m over the term of the contract, with activity scheduled to commence in Q4FY21 and complete in Q1FY22

• SciDev’s acquisition of Haldon was announced on 29 March 2021 and is due to complete prior to end Q4FY21 with conditions precedent being satisfied inline with expectation.

SciDev Limited (ASX:SDV; SciDev, or the Company) is pleased to announced that its proposed acquisition of Haldon Industries (ref ASX: 29 March 2021) is progressing, with completion due prior to the end of the quarter.

Reflecting the significant opportunity in the infrastructure and wastewater verticals, it is pleasing to advise that Haldon has been awarded the contract to design, construct and commission a Sequencing Batch Reactor (SBR) Leachate Treatment Plant (LTP) for Sydney’s $2.6 billion Gateway Road Project. The project will be conducted on behalf of the John Holland-Seymour Whyte Joint Venture, the NSW Government’s delivery partner for the Gateway Road Project.

Sydney Gateway will provide a high-capacity link from the airport precinct, Port Botany and the surrounding road network to the newly opened St Peters Interchange and is one of the missing pieces of Sydney’s motorway network.

Commenting on the contract, SciDev Managing Director and Chief Executive Officer, Lewis Utting said: “ Sean, Jake and the team at Haldon are to be congratulated for another major project win. Through the acquisition of Haldon, we are looking forward to supporting the Sydney Gateway Project - the contract extends our presence on major infrastructure projects in the Australian market and demonstrates the calibre of project that the SciDev and Haldon teams can secure”.

“The integration of the Haldon business is progressing inline with expectations, completion is scheduled to occur in Q4FY21. Haldon’s way of doing business to solve client water treatment problems is highly aligned with SciDev’s bespoke approach and culture, consequently providing a seamless path for the integration process.”

“Our team is committed to providing the John Holland-Seymour Whyte JV with a cost-effective and functional solution to reduce the risk profile for the leachate management during construction and post the construction of the project . ”

This release has been approved by the SciDev board.

On behalf of SciDev Ltd

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Lewis Utting

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Heath Roberts

Managing Director and CEO

Company Secretary

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For Further Information:

Corporate

Investors

Lewis Utting - Managing Director & CEO Heath Roberts - Company Secretary (+61) 02 9622 5185

Craig Sainsbury – Market Eye craig.sainsbury@marketeye.com.au 0428 550 499

About SciDev

SciDev is a leader in the development and application of both chemistry and process control for solids- liquid separation. SciDev brings together world-class technology, chemistry, management and manufacturing capabilities to solve pressing operational and environmental issues for the water, oil and gas, mining and construction markets.

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