VERIS LIMITED — Capital/Financing Update 2020

May 17, 2020

ASX / MEDIA RELEASE - VRS

18 May 2020

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Veris secures additional works on Melbourne’s Metro Tunnel Project

Veris Australia (ASX: VRS) a leading surveying, digital and spatial, planning and urban design business is pleased to announce it has secured a contract variation to provide additional monitoring surveys on the Metro Tunnel Project in Melbourne, Victoria.

The additional survey works, which will occur every quarter until the end of 2023, have a total value of over $900,000. This is an addition to the existing survey works Veris is currently providing on the project, resulting in an accumulated contract value of $22.5 million.

Veris Australia has been engaged by the Metro Tunnel Project’s Tunnels and Stations contractor CYP Design & Construction – a joint venture comprising Lendlease (ASX: LLC), John Holland and Bouygues Construction since late 2017, to provide a comprehensive range of surveying services.

Veris Australia Chief Executive Officer Michael Shirley said “We continue to work closely with CYP Design & Construction to ensure the successful delivery of this large-scale infrastructure project. To provide these additional services is testament to the quality of our work to-date and supports our position as a market leader in the delivery of surveying, digital & spatial, and planning services to some of Australia’s largest infrastructure projects.”

The Metro Tunnel Project is a major enhancement to Melbourne's rail network. It will transform the way people move around Melbourne and improve access to key landmarks and destinations.

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Issued by Veris Limited For further information please contact:

Veris Corporate Office - Telephone: (08) 9317 0628

Corporate Level 12, 3 Hasler Road T 08 9317 0600 Locked Bag 9 veris@veris.com.au Osborne Park veris.com.au WA 6017

Office Locations Over 20 offices Veris Australia Pty Ltd across Australia ABN 53 615 735 727