WESTSTAR INDUSTRIAL LIMITED — Capital/Financing Update 2021

Oct 10, 2021

11 October 2021

ASX ANNOUNCEMENT

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ALLTYPE ENGINEERING WINS ~$25M CONTRACT

SINGLE LARGEST CONTRACT AWARD IN ALLTYPE’S HISTORY

Highlights

• Alltype Engineering awarded the Ambania Compressor Station contract for APA Group valued at ~$25 Million

• This major turnkey multidisciplinary project is the single largest awarded contract to Alltype Engineering in its history

• The scope includes camp infrastructure, civil and earthworks, concrete, SMP fabrication and construction works and E&I installation works as well as commissioning assistance

• WestStar Industrial well positioned for FY2022 with a secured orderbook of $210 Million

Alltype Engineering Team Experience

• Alltype Engineering’s key project delivery team members have previously constructed over 40 gas compression facilities and installed numerous standalone compressor packages

• Alltype Engineering’s senior project manager successfully delivered the previous constructed compressor station for APA Group in Western Australia

• Alltype Engineering have fabricated piping, structural steel and skids for compressor stations for over 25 years

WestStar Industrial Limited ( Company or WestStar ) (ASX: WSI), an Australian industrial services company providing engineering, construction and mining services to the resources, energy and infrastructure sectors, is pleased to advise its engineering construction contracting business Alltype Engineering has been awarded a new major contract valued at circa $25 Million by APA Group (APA).

This contract further bolsters and contributes to the WestStar FY2022 order book and aligns with Alltype Engineering’s strategic plan to focus and deliver on major turnkey construction projects.

For Alltype Engineering, this contract is a result of its demonstrated experience in delivering projects successfully for APA Group and the wider Western Australian gas industry. Alltype Engineering will commence work immediately with works planned to be completed by Q3, 2022.

Alltype Engineering Managing Director Kelvin Andrijich noted:

“Having worked with APA Group for over 15 years in various roles, we are excited to be awarded this project that fits well within our delivery capabilities and project team experience. We are equally pleased that this capability has been recognised by APA Group through consistent project performance for the past three years, reflecting the commitment and capability of our people in the turnkey construction project space. ”

“Alltype Engineering continues to build our market presence and capabilities by safely and reliably delivering multidisciplinary projects. By executing the workshop fabrication, SMP and E&I scopes and partnering with key experienced and aligned partners for camp, civil and concrete scopes, we are able to offer a seamless end to end solution which de-risks project delivery.”

WestStar Industrial Limited | ABN 38 119 047 693 | weststarindustrial.com.au | Page 1

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Scope of Work

APA has contracted Alltype Engineering to deliver a new two-unit Gas Turbine Centrifugal Gas Compressor Station in the Midwest region of Western Australia, 50km east of Geraldton, as part of the Northern Goldfields Interconnect (NGI) project.

The NGI project provides for interconnection of APA Goldfields Gas Pipeline and the Dampier to Bunbury Natural Gas Pipeline (DBNGP) via a new connection at Eradu, WA. The NGI consists of a 580km, 12-inch, class 900 pipeline with a dual unit compressor station located adjacent to the offtake at Eradu. This portion of the overall project provides for the construction of a new green field compressor station at the inlet of the new pipeline. The compressor station project is known as Ambania Compressor Station.

The Ambania Compressor Station project involves site establishment, camp, earthworks, civil, concrete, structural, mechanical, piping, electrical and instrumentation scopes, for both workshop (structural steel, pipe spooling and skids) and onsite (where the majority of the scope will be undertaken), with remote area working conditions and logistics.

About APA Group

APA Group is an Australian energy infrastructure business listed on the ASX. APA delivers around half of the nation’s gas usage and connects Victoria with South Australia and New South Wales with Queensland through its investments in electricity transmission assets.

APA is also one of the largest owners and operators of renewable power generation assets in Australia, with wind and solar projects across the country. APA own and/or operate a $21 billion portfolio of gas, electricity, solar and wind assets across Australia.

Outlook

WestStar Industrial, through its subsidiaries Alltype Engineering and SIMPEC, is well positioned for FY2022 with a secured orderbook of ~$210 Million.

Tendering and proposals across the group remains strong, with a significant number of new tenders received and being worked on. Several of the submissions were for new clients within the mining and infrastructure, energy, oil and gas sectors. The results of increased activity and tendering is now delivering positive outcomes for the business.

We look forward to updating the market of our success with these opportunities.

-Ends-

For further information please contact:

Philip Re Robert Spadanuda Chairman Weststar CEO and Managing Director pre@Weststarindustrial.com.au Robert@Weststarindustrial.com.au

Media

David Tasker Chapter One Advisors M: +61 433 112 936 E: dtasker@chapteroneadvisors.com.au

WestStar Industrial Limited | ABN 38 119 047 693 | weststarindustrial.com.au | Page 2

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About WestStar

WestStar Industrial Limited (ASX: WSI) is an industrial, steel fabrication, installation and maintenance services company focussed on the resources, oil and gas, water and infrastructure sectors.

About SIMPEC

SIMPEC delivers high quality construction and engineering services with specialisation in structural mechanical and piping (SMP), electrical and instrumentation (E&I), concrete products and civil Services.

For more information: www.simpec.com.au

About Alltype

Engineering Alltype Engineering leverages off its fabrication capability and provides complete project solutions including SMP and E&I site installation, construction and maintenance services, across almost every industry in Australia. Alltype’s products and services have been delivered and installed state-wide, nationally and internationally through our workshops and sites and can be found on land, offshore on islands, FPSO’s and platforms, below ground and even subsea. Supported by its team of experienced multi-disciplinary project personnel, Alltype delivers consistent quality products and services that underpin its commitment to its vision “to be recognised as the preferred partner in delivering integrated fabrication, site and maintenance services with reliable, innovative and cost-effective solutions”.

For more information: www.alltypeengineering.com.au

ASX release authorised by the Board of Directors of WestStar Industrial Limited.

WestStar Industrial Limited | ABN 38 119 047 693 | weststarindustrial.com.au | Page 3