SOUTHERN CROSS ELECTRICAL ENGINEERING LTD — Capital/Financing Update 2022

Apr 12, 2022

ASX & media announcement ASX code: SXE

13 April 2022

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Contract Awards

Highlights

• Contract awards totalling circa $20m across multiple sectors and geographies

• Brings order book to record $600m entering Q4 FY22

Southern Cross Electrical Engineering Limited (“SCEE Group”) is pleased to announce that it has received various contract awards totalling circa $20m as follows:

Infrastructure awards

SCEE Group’s subsidiary Heyday has received the following awards:

• In the ACT, Heyday has been awarded by Icon SI (Australia) Pty Ltd the design and construct contract to provide electrical, communications and security services for the new East Gungahlin High School. The school comprises five buildings which will cater for up to eight hundred students, with provision for expansion to accommodate up to 1,000 students, and will meet ACT Education requirements to achieve “Zero Emissions” by using energy efficient systems, a solar PV array, and airtight mechanical systems and buildings. The expected project completion is for mid-2023.

• J. Hutchinson Pty Ltd has engaged Heyday for a further stage at the RuData SYD053 data centre in Eastern Creek in Sydney’s western suburbs, which is the sixth separate subcontract awarded to Heyday on this site. The scope includes new HV and LV reticulation, switchboards, UPS, generator systems, lighting and power. The works are expected to be completed by the end of June 2022.

SCEE Group’s switchboard manufacturing subsidiary Trivantage Manufacturing has been awarded the following:

• Trivantage Manufacturing has been engaged by Siemens (N.Z.) Limited to supply switchboards to be installed at the DCI Data Centre in Auckland, New Zealand. The package includes combinations of medium-voltage outdoor housings and kiosk substations, power distribution boards, and Trivantage’s “Segura” brand of outdoor auto-transfer switch units. The switchboards will be supplied throughout FY22.

• In the water sector Trivantage Manufacturing has been engaged by the Safety Focused Performance JV to supply transportable Motor Load Centres (“MLCs”), complete with Aeration Motor Control Centres, to be installed at Melbourne’s Western Treatment Plant. The MLCs will be manufactured locally and supplied throughout FY23.

Resources awards

In the resources sector the following contracts have been received:

• In Queensland the China Petroleum Engineering & Construction (Australia) Pty Ltd & Nacap Australia Pty Ltd Joint Venture has awarded a package of works to SCEE Electrical in the Surat gas fields located near

Southern Cross Electrical Engineering Limited

ABN 92 009 307 046

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Dalby under the Arrow Energy Off Plot Master Services Agreement (Surat). The works involve the installation of a 33kV overhead power line, an 11kV substation and associated surface well pad electrical infrastructure. Works are scheduled to commence in April 2022 and are due for completion in the third quarter of 2022.

• In Western Australia’s Mid-West and Goldfields regions, SCEE has been engaged by BHP Billiton Nickel West Pty Ltd to install base level infrastructure required to facilitate communications connectivity within BHP’s Mt Keith and Leinster Camps. Works commence in March 2022 with completion scheduled for the end of June 2022.

Comment

Commenting on the awards, SCEE Group Managing Director Graeme Dunn said “The geographic and sectoral range of this series of awards we have announced today again demonstrates the breadth of capability of the group. The ability to work in metro, regional and remote locations and with projects in every State and Territory shows us as the national contractor we have now become.

We announced a record order book of $550m at 31 December, but combining this announcement with those in recent weeks of over $100m of works on commercial buildings and in the iron ore sector means we enter the final quarter of FY22 with an order book now of circa $600m, and that is despite a record quarter of activity having just been completed. With the opportunity to win further work before 30 June we have a strong foundation for FY23.”

Authorised for release by Graeme Dunn – SCEE Group Managing Director

Contact

SCEE Perth Office Level 15, 225 St Georges Terrace Perth WA 6000 T: +61 8 9236 8300

Graeme Dunn CEO & Managing Director E: graeme.dunn@scee.com.au

Colin Harper Company Secretary E: colin.harper@scee.com.au

Southern Cross Electrical Engineering Limited

ABN 92 009 307 046