Hochtief : CIMIC's Thiess awarded $2.5 billion Lake Vermont extension

10 JULY 2020

CIMIC'S THIESS AWARDED $2.5 BILLION LAKE VERMONT EXTENSION

CIMIC Group's global mining services provider, Thiess, has been awarded a contract extension by Jellinbah Group to continue to provide mining services at its Lake Vermont Coal Mine in Queensland.

The five-year extension will generate revenue of A$2.5 billion for Thiess.

The contract continues Thiess' full-service mining operations including mine planning, coal mining, topsoil and overburden removal, drill and blast, water management and rehabilitation of final landforms. This includes providing all mobile plant and equipment, being statutory operator for the project, and operating and maintaining the client's Coal Handling and Preparation Plant (CHPP).

Thiess will also provide a range of autonomous services at the mine, including the implementation of autonomous drilling and semi-autonomous dozer push.

CIMIC Group Chief Executive Officer Juan Santamaria said: "For more than 13 years, Thiess has worked alongside Jellinbah Group to safely position the mine's operations for optimal efficiency, productivity and cost performance. This contract demonstrates Thiess' ability to turn insight and optimisation into greater certainty for its clients."

CIMIC Group Executive Mining and Mineral Processing and Thiess Managing Director Douglas Thompson said: "We've developed a strong working relationship with Jellinbah Group since commencing work at Lake Vermont in 2007. We're excited to bring fresh thinking and new solutions to support the mine's continued, sustainable evolution over the next five years."

The contract extension will commence from 1 January 2022.

CIMIC Group's mineral processing company, Sedgman also provides CHPP operations support at the Lake Vermont Mine.

ENDS

Issued by CIMIC Group Limited ABN 57 004 482 982www.cimic.com.au Authorised by the CIMIC Group Continuous Disclosure Committee

Contacts

Mr Justin Grogan, Investor Relations T+61 2 9925 6628 Ms Fiona Tyndall, Communications T+61 2 9925 6188

CIMIC Group (ASX:CIM) is an engineering-led construction, mining, services and public private partnerships leader working across the lifecycle of assets, infrastructure and resources projects. CIMIC Group comprises our construction business CPB Contractors, including Leighton Asia and Broad, our mining and mineral processing companies Thiess and Sedgman, our services specialist UGL and our public private partnerships arm Pacific Partnerships - all supported by our in-house engineering consultancy EIC Activities. Our mission is to generate sustainable shareholder returns by delivering innovative and competitive solutions for clients and safe, fulfilling careers for our people. With a history since 1899, and around 40,000 people in 20 countries, we strive to be known for our principles of Integrity, Accountability, Innovation and Delivery, underpinned by Safety. CIMIC is a member of the S&P/ASX 100 index, the Dow Jones Sustainability Australia Index and FTSE4Good.