SKS TECHNOLOGIES GROUP LIMITED — Capital/Financing Update 2025

Nov 18, 2025

Market Release

19 November 2025

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SKS secures $130 million data centre project

SKS Technologies Group Limited (ASX: SKS) has received written confirmation of the intent to award an approximate $130 million data centre project for works relating to a second facility, known as MEL02A, for a major hyperscale data centre operator in Melbourne’s west with Hickory Construction DC, a major construction company that delivers innovative, large-scale urban projects, including data centres.

SKS Technologies Chief Executive Officer, Matthew Jinks, said, “This latest project win represents our largest to date in the data centre sector. Following the $90 million contract announced in July last year, and a $100 million contract in May this year, this achievement reinforces our strong market position and proven capability in delivering advanced digital infrastructure at scale.”

The purpose-built hyperscale data centre campus, strategically located in Melbourne’s western corridor, represents a significant infrastructure investment. The project awarded to SKS Technologies covers the design and construction for the full suite of critical electrical systems and infrastructure related to 90MW’s of capacity for the facility, including:

• Low and medium voltage cabling, installation and testing of client supplied equipment, transformers, generators and main switchboards; and

• design and co-ordination, as well as the supply and installation of all cable support systems, general switchboards, lighting, power and structured cabling.

The project award takes the business’s total work on hand to another record high of approximately $304 million. Design work for the project has commenced with completion expected to be sometime in 3Q27.

Mr Jinks also said, “Our brand is now well-established in the Victorian data centre market, with a high level of repeat business earned through consistently delivering sophisticated projects to an excellent standard. With the acquisition of Delta Elcom, as announced yesterday, we’re keen to build on the expertise contained in the business to pursue further opportunities in this sector in NSW.”

“With the additional revenue to be derived from the project, the Board has revised its FY26 revenue guidance to $320 million. This increase takes into account the level of assumed new work that was already built into the original forecast as well as the fact that revenue from the project will be recognised in both FY26 and FY27.”

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Approved for release by the Board of SKS Technologies Group

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Further Information:

Matthew Jinks Chief Executive Officer (03) 9289 5000

About SKS Technologies Group Limited (ASX: SKS)

SKS Technologies Group specialises in the design and installation of electrical technologies and digital infrastructure with a diversified service offering covering audio visual, communications and electrical solutions across Australia. SKS Technologies serves the full spectrum of industry sectors, including data centres, defence, mining, health, retail and commercial buildings.

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