SRG GLOBAL LIMITED — Capital/Financing Update 2021

Feb 3, 2021

4 February 2021

SRG Global secures two Term Contracts valued at ~$45m

Highlights:

• SRG Global has secured a five-year term contract with GFG Liberty OneSteel to provide engineered access solutions at its Steelworks operations in Whyalla, South Australia

• SRG Global has also secured an initial 12-month term contract with Pit N Portal to provide specialist production drill and blast services and explosives supply at the Great Western gold mine in Western Australia

SRG Global Ltd (‘SRG Global’ or ‘the Company’, ASX: SRG) is pleased to announce it has been awarded a new term contract with GFG Liberty OneSteel. The term contract is expected to commence immediately for a period of five years comprising an initial three-year term, with options for a further two years. The scope of works includes the provision of engineered access solutions at the Liberty Steelworks site in Whyalla, South Australia.

SRG Global has also been awarded a term contract with Pit N Portal Mining Services Pty Ltd (Pit N Portal). The term contract is expected to start immediately for an initial 12-month term. The contract scope includes the provision of specialist production drill and blast services and explosives supply at RED 5 Limited’s Great Western gold mine in Western Australia.

David Macgeorge, Managing Director commented “We are very pleased to have secured these two term contracts, adding to our recurring annuity earnings. Importantly, the GFG Liberty OneSteel contract is with a repeat customer, providing new services in addition to our existing refractory services term contract. The Pit N Portal contract was specifically targeted as it builds upon our Mining Services portfolio of high quality growth commodities whilst diversifying SRG Global’s customer base.”

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Media Contact	Investor Contact
Citadel-MAGNUS	SRG Global
John Gardner	Judson Lorkin
+61 413 355 997	+61 8 9267 5400

About SRG Global

SRG Global is an engineering-led global specialist asset services, mining services and construction group operating across the entire asset lifecycle of engineer, construct and sustain. The Company operates three segments of Asset Services, Mining Services and Construction. For more information about the variety of services offered by SRG Global, click here.

This announcement was authorised for release to ASX by the Managing Director.