Downer defers payment of Interim Dividend to September 2020

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Media/ASX and NZX Release
24 March 2020
DOWNER DEFERS PAYMENT OF INTERIM DIVIDEND UNTIL SEPTEMBER 2020

Downer EDI Limited (Downer) announced today that it will defer payment of its interim dividend ($83 million)
until September 2020.

The Chief Executive Officer of Downer, Grant Fenn, said the deferral was a prudent measure in the current
environment.

“As we informed the market last week, Downer has a strong balance sheet, significant available liquidity and
comfortable headroom in its bank covenants,” Mr Fenn said. “The Downer Group has only $50 million of debt
facilities maturing in the next 12 months and this can be funded using existing, committed facilities.”

Mr Fenn said that demand for Downer’s services is expected to remain strong as the Group’s business is
predominantly government and critical infrastructure.

“Nevertheless, in the extraordinary environment created by COVID-19 we consider it is appropriate to defer
payment of the interim dividend until September 2020,” he said.

Downer’s interim dividend of 14 cents per share, unfranked, will now be paid on 25 September 2020 to
shareholders on the register at 26 February 2020.





Authorised for release by Grant Fenn, CEO of Downer.

About Downer
Downer is the leading provider of integrated services in Australia and New Zealand and customers are at the
heart of everything it does. It exists to create and sustain the modern environment and its promise is to work
closely with its customers to help them succeed, using world-leading insights and solutions to design, build
and sustain assets, infrastructure and facilities. Downer employs more than 53,000 people across more than
300 sites, primarily in Australia and New Zealand, but also in the Asia-Pacific region, South America and
Southern Africa. It also owns 88 per cent of Spotless Group Holdings Limited. For more information visit
downergroup.com.



For further information please contact:
Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470 145
Downer EDI Limited
ABN 97 003 872 848
Triniti Business Campus
39 Delhi Road
North Ryde NSW 2113
1800 DOW NER
www.downergroup.com