Downer awarded new NBN contracts

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Media/ASX and NZX Release
14 July 2021
DOWNER AWARDED NEW NBN CONTRACTS

Downer EDI Limited (Downer) announced today it had been awarded two contracts b y NBN Co (nbn) – the
N2P Evolution contract and the nbn™ Fixed Wireless Services contract.

The N2P Evolution contract commences in July 2021, with the initial term through to December 2023 and an
extension option of two years. The contract is valued at an estimated $160 million to Downer over the initial
two-and-a-half-year term.

Under the contract, Downer will provide design and construction services across New South Wales and
Western Australia to support nbn’s plans to extend fibre deeper into communities. nbn plans to make its
highest wholesale speed tiers available, as demand arises, to around 8 million premises or up to 75 per cent
of homes and businesses on the fixed line network by 2023.

The Fixed Wireless Services contract begins in July 2021 with an initial term of two years and two extension
options of two years. The estimated value of the initial term is $60 million and the total estimated value,
including both extension options, is up to $120 million.

Under this contract, Downer will deliver end-to-end design and construction services acro ss nbn’s national
f ixed wireless network. Services will include network planning, site acquisition and design (SAED),
construction, and integration activities to facilitate network capacity expansion, coverage expansion and
transmission augmentations that will enable upgrade and enhancement of the network.

Downer is a leading provider of fixed and wireless network services in Australia and New Zealand and one of
the largest delivery partners for construction of the nbn™ network.

The Chief Executive Officer of Downer, Grant Fenn, said Downer was very pleased to be extending its
relationship with NBN.

“With the major network build programs now complete, Downer is pleased to assist in the evolution of the
nbn™ network,” Mr Fenn said. “These two contracts consolidate Downer’s position as a key long-term
nbn™ approved delivery partner, and we look forward to continuing our partnership and opt imis ing the
nbn™ network.”


Authorised for release by Downer’s Chief Executive Officer, Grant Fenn.

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. 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 DOWNER
www.downergroup.com