SKS TECHNOLOGIES GROUP LIMITED — Capital/Financing Update 2025

May 21, 2025

ASX Release

22 May 2025

$100 million Data Centre Project Award

SKS Technologies Group Limited (ASX: SKS) has received written confirmation of the award of a data centre project for approximately $100 million with major construction company, Erilyan Group. The project, located in Melbourne’s western suburbs, is for a third facility, Building C, for an international hyperscale data centre operator.

Building C follows the successful completion by SKS Technologies of contracted works for Buildings A and B. Formal contracts are anticipated to be executed in the coming weeks with an expected project completion date of September 2026.

Chief Executive Officer, Matthew Jinks, said, “The awarding of this project with Erilyan Group underscores our unerring focus on excellence in project execution. The frequency of repeat business has always been a feature of SKS Technologies’ operational performance and is founded on a proactive approach to communicating with our customers and an execution framework designed to deliver complex projects to their optimal level.”

“We have quickly built an enviable reputation in the industry for our data centre work, and it has continued to translate into successful tender processes for new and expanded facilities.”

The scope of works involves the fit out of electrical infrastructure for a new building which includes:

• high voltage and low 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 Building C project award increases the business’s work on hand to a total of $220 million. The project will be funded through existing working capital and bank financing facilities.

The pipeline of opportunities for SKS Technologies remains strong across all market sectors, with a total amount currently under open tender of $492 million.

~ ENDS ~

Approved for release by the Board of SKS Technologies Group.

Further Information

Matthew Jinks Chief Executive Officer (03) 9289 5000

SKS Technologies Group Ltd (ASX:SKS) 700 Spencer Street West Melbourne, VIC 3003

03 9289 5000 investors@sks.com.au www.sks.com.au