Refinance of $1.4b Sustainability Linked Loan

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Media/ASX and NZX Release
21 October 2021

DOWNER COMPLETES REFINANCE
OF $1.4 BILLION
SUSTAINABILITY LINKED LOAN FACILITY

Downer EDI Limited (Downer) announced today it had successfully completed the refinancing of the Group’s
inaugural $1.4 billion sustainability linked loan facility established in December 2020.

The ref inancing was launched in September 2021 to extend the facility term and take advantage of a
reduction in debt margins that have occurred from the time the facility was originally established.

The Chief Financial Officer of Downer, Michael Ferguson, said t he successful refinancing served as a further
example of the financial strength and sustainability credentials of the Group following the recently announced
sale of the Open Cut Mining East business.

“Th e ref inancing of this facility is expected to further reduce total borrowing costs,” Mr Ferguson said. “ That
we have been able to extend the maturity date of the facility and at the same time reduce pricing is very
pleasing.”

Mr Ferg uso n thanked the bank group for their support of the new f acility whi c h received strong b acking f rom
existing financiers.

The ref inancing was jointly arranged by the Mandated Lead Arrangers and Bookrunners HSBC and
S umit o mo Mitsui Banking Corporation with HSBC also acting as Sustainability Co-ordinator.

Downer Group is rated BBB (Stable) by Fitch Ratings.

Authorised for release by Downer’s Chief Financial Officer, Michael Ferguson.

For further information please contact:
Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470 145

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.
Downer EDI Limited
ABN 97 003 872 848
Triniti Business Campus
39 Delhi Road
North Ryde NSW 2113
1800 DOWNER
www.downergroup.com