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VENTIA SERVICES GROUP LIMITED Capital/Financing Update 2022

Apr 10, 2022

66015_rns_2022-04-10_55e27ac7-07ab-4b75-bac5-e6f2ce70c224.pdf

Capital/Financing Update

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Ventia Services Group Limited ABN 53 603 253 541 Level 8, 80 Pacific Highway North Sydney NSW 2060 AUSTRALIA

ventia.com

ASX and NZX Release

11 April 2022

Ventia announced as Asset Management Services provider for the Western Harbour Tunnel and Sydney Harbour Tunnel

Ventia has been awarded the Asset Management Services contract for the Western Harbour Tunnel and Sydney Harbour Tunnel by Transport for NSW (Transport).

The base contract is an initial fifteen-year term with two ten-year extension options. The base contract is expected to generate approximately $450 million in revenue for Ventia.

Under the contract, Ventia will provide asset management, operations and maintenance services across both tunnels. The contract will commence in early April 2022.

Ventia will work with Transport to facilitate an effective transition of existing operations of the Sydney Harbour Tunnel, before operational commencement from 1 September 2022.

For the Western Harbour Tunnel, Ventia will provide a range of services during the procurement, design and construction phases. These services include whole of life design review, lifecycle cost modelling, and recommendations on reliability, availability, maintainability and supportability of the asset. Ventia will commence asset management, operations and maintenance services on the Western Harbour Tunnel following its completion.

Ventia Group CEO Dean Banks said Ventia is pleased to build on its long-standing relationship with Transport by providing critical asset management and essential infrastructure services to these two key tunnels.

“Ventia has provided services to Transport for over 20 years, across a range of projects. We will leverage our capabilities and existing tunnel experience to redefine service excellence on these two key essential infrastructure assets,” said Dean.

Ventia is one of the largest providers of road network, motorway and tunnel operations and maintenance services in Australia and New Zealand. Our integrated transport services support our clients with reliable and safe journey management, meaning safety and efficiency for the driving public.

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Ventia Services Group Limited ABN 53 603 253 541 Level 8, 80 Pacific Highway North Sydney NSW 2060 AUSTRALIA ventia.com

ASX and NZX Release

For further information, please contact:

Investors

Chantal Travers General Manager Investor Relations [email protected] +61 428 822 375

Media

Sarah McCarthy

General Manager Brand, Marketing & Communications [email protected] +61 400 993 542

About Ventia

Ventia is a leading essential infrastructure services provider in Australia and New Zealand, proudly providing the services that keeps infrastructure working for our communities. Ventia has access to a combined workforce of more than 35,000 people, operating in over 400 sites across Australia and New Zealand. With a strategy to redefine service excellence by being clientfocused, innovative and sustainable, Ventia operates across a broad range of industry segments, including defence, social infrastructure, water, electricity and gas, resources, telecommunications and transport.