SSH GROUP LTD — Capital/Financing Update 2023

Sep 17, 2023

ASX Announcement Date:18[th] September 2023

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SSH Group Ltd ACN 140 110 130

Level 2/10 Ord St West Perth, WA 6005

$5m+ Contracts Secured in New Wins and Renewals

Market Update

SSH Group Ltd (ASX:SSH) ( Company or SSH ) is delighted to announce significant achievements in its recruitment and workforce management division, securing new and renewed contracts within the construction and government sectors.

Construction

In the construction domain, SSH Group Safety, a subsidiary within our Recruitment & Workforce Management Division, has been awarded two contracts for security, patrol, and access control services. These contracts have been granted by Multiplex, a prominent construction company, for their projects at ECU City in Perth’s CBD and the new development at Elizabeth Quay Lot 6 – 9 The Esplanade Project. These engagements are anticipated to yield an estimated value of approximately $3.8 - $4.0 million, with completion expected in late 2025. Furthermore, our subsidiary, 'Bridge Resources,' has been approved to provide Labor Hire services to Multiplex across their construction projects.

Government

In the government sector, SSH Group Safety has extended its partnership with the City of Cockburn, a local government authority, to provide community patrols, CCTV monitoring officers, and Asset Protection services. The total value of this contract extension is estimated at approximately $1.2 million, and it is set to continue until June 2024.

Stefan Finney, Chief Operating Officer, and Executive Director of SSH Group, expressed his satisfaction with

these accomplishments, stating , "We are exceptionally pleased to have secured these opportunities for our recruitment and workforce management division. These contract wins and renewals with long-standing clients underscore our commitment to serving our clients and nurturing enduring relationships to meet their needs. Building and maintaining customer relationships is core to the success of the SSH Group's ethos and service delivery."

ASX: SSH

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ASX Announcement Date:18[th] September 2023

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Authorisation

This release has been authorised in accordance with the Company’s published continuous disclosure policy and approved for release by the Board of SSH Group Ltd.

About SSH Group

SSH Group Ltd is an industrial company that owns a portfolio of complimentary service businesses.

SSH Group Ltd builds and acquires quality businesses that are scalable and demonstrate a strong potential for high return on investment.

SSH Group Ltd is committed to improving outcomes for Australian projects and communities.

Disclaimer: Caution Regarding Forward Looking Statements

This announcement may contain forward looking statements which involve a number of risks and uncertainties. Forward-looking statements are expressed in good faith and are believed to have a reasonable basis. These statements reflect current expectations, intentions or strategies regarding the future and assumptions based on currently available information.

Should one or more risks or uncertainties materialise, or should underlying assumptions prove incorrect, actual results may vary from the expectations, intentions and strategies described in this announcement. The forward- looking statements are made as at the date of this announcement and the Company disclaims any intent or obligation to update publicly such forward looking statements, whether as the result of new information, future events or results, or otherwise.

Further Details

ASX Market Data

www2.asx.com.au/markets/company/ssh

Registered Office

SSH Group Ltd Level 2/10 Ord St West Perth, WA 6005

Post

Company Secretary cosec@sshgroup.com.au SSH Group Ltd

Investor Portal

www.sshgroup.com.au/investors-media

9:00am - 5:00pm (WST) Monday to Friday

PO Box 189 WELSHPOOL DC 6986

ASX: SSH

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