Update on Shareholder Class Action

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Media/ASX and NZX Release
4 March 2024

UPDATE ON SHAREHOLDER CLASS ACTION

Downer EDI Limited (Downer) today announced that it has filed its Defence in the class action proceedings
brought against Downer in 2023, relating to a maintenance contract in its Australian Utilities business and its
impact on Downer’s financial performance, and its earnings guidance in 2022.

Downer has also pleaded a defensive Third Party Statement of Claim and proportionate liability defence
against its auditor, KPMG. Downer anticipates that, as a consequence, KPMG will cease to act as Downer’s
auditor later this month. Downer will commence a process to appoint a replacement auditor for the financial
year ending 30 June 2024.


Authorised for release by Downer’s Board of Directors.




For further information please contact:
Media: Mitchell Dale, General Manager Corporate Affairs +61 448 362 198
Investors: Adam Halmarick, Group Head of Investor Relations +61 413 437 487

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