PRESS RELEASE

Saint-Vallier, September 19, 2022

METALLIANCE, a Group GAUSSIN subsidiary, announces an order for 12 vehicles for the construction of the Sydney Metro - Western Sydney Airport in Australia

The order includes 5 TSP50, 2 VMS30, 2 Menriders 20C and 3 VMS Maintenance for delivery in 2023. It reflects the renewed confidence between METALLIANCE and the Sydney Metro tunnelling contractor.

METALLIANCE (EURONEXT ACCESS FR0010492181), a company which specializes in the design and

manufacture of industrial equipment and mobile machinery, announces an order for 12 vehicles, including 5 TSP50s, 2 VMS30s, 2 Menriders 20Cs and 3 VMS Maintenance, from the Australian joint venture between CPB Contractors (CIMIC Group) and Ghella (CPBG). These vehicles are destined for the Sydney Metro - Western Sydney Airport project in Australia, which is delivering twin tunnels and six new stations. The vehicles will be delivered in 2023.

A relationship of trust between METALLIANCE and its partners in Australia

This new order is part of METALLIANCE's wider involvement in the construction of Sydney Metro, as it follows the recently announced order for 12 VMS (see PR of June 7, 2022) for the construction of the central section of Sydney Metro West. METALLIANCE has been contributing to the project for nearly 10 years, with over 40 vehicles supplied for the first two phases of Sydney Metro construction, including 25 for Sydney Metro City & Southwest in 2017 and 15 for Sydney Metro Northwest in 2013.

The client companies, CPB and Ghella, previously worked together on the Sydney Metro City & Southwest and Brisbane Cross River Rail projects. The joint venture also took over the METALLIANCE fleet of the Brisbane project: 3 TSP50, 2 VMS25, 2 Menriders 20C, 1 VMS Maintenance and 2 BUTORS TEM-100-T. These repurposed machines will join the newly ordered equipment which testifies to the satisfaction of CPBG with the technology and equipment of METALLIANCE.

The METALLIANCE range of vehicles is a confirmed success on Sydney Metro sites

A structuring project for the Australian metropolis

Sydney Metro - Western Sydney Airport is the new metro railway line which will service Greater Western Sydney and the new Western Sydney International (Nancy-Bird Walton) Airport. A city- shaping project, the 23-kilometre new railway will connect the Western Sydney Aerotropolis in the south with St Marys in the north.

As Australia's largest city, Sydney is the first and currently the only city in the country to have a fully automated metro rail system.

"Our company is delighted to participate in such a large-scale project in Australia, which will better serve the economic capital of the country and link it to the new international airport under construction. Known for having invented the rubber-tired train, and present today on very large construction sites throughout the world, METALLIANCE is proud of the range of its technologies as well as the know-how of its teams. This capacity to respond with flexibility and creativity to the needs of its customers allows METALLIANCE to intervene today on this demanding project, the usefulness of which will be widely perceived in the region," says Jean-ClaudeCOTHENET, CEO of

METALLIANCE.

About METALLIANCE

METALLIANCE is a company specialized in the study and realization of industrial equipment and mobile machines. It designs and builds equipment for the realization of infrastructures in the world of transport (road, rail, metro) and energy (oil and gas, steam...).

Since July 2020, METALLIANCE has been part of GAUSSIN, an engineering group which designs, assembles and markets innovative products and services in the field of freight transport and clean and intelligent mobility. GAUSSIN has been listed on Euronext Growth in Paris since 2010.

More information onwww.metalliance-tsi.comandwww.gaussin.com

About GAUSSIN

GAUSSIN is an engineering company that designs, assembles and sells innovative products and services in the transport and logistics field. Its know-how encompasses cargo and passenger transport, autonomous technologies allowing for self-driving solutions such as Automotive Guided Vehicles, and the integration of all types of batteries, electric and hydrogen fuel cells in particular. With more than 50,000 vehicles worldwide, GAUSSIN enjoys a strong reputation in four fast-expanding markets: port terminals, airports, logistics and people mobility. The group has developed strategic partnerships with major global players in order to accelerate its commercial penetration: Siemens Postal, Parcel & Airport Logistics in the airport field, Bolloré Ports and ST Engineering in ports and Bluebus for people mobility. GAUSSIN has broadened its business model

with the signing of license agreements accelerating the diffusion of its technology throughout the world. The acquisition of METALLIANCE confirms the emergence of an international group present in all segments of intelligent and clean vehicles.

In October 2021, GAUSSIN won the Dubai World Challenge for Self-Driving Transport.

In January 2022, GAUSSIN successfully completed the 2022 Dakar Rally with its H2 Racing Truck, the first hydrogen-powered vehicle to enter the race and generate zero CO2 emissions.

In March 2022, Christophe Gaussin was named "Hydrogen Personality of the year" at the Hydrogénies - Trophées de l'hydrogène ceremony held at the French National Assembly.

GAUSSIN has been listed on Euronext Growth in Paris since 2010. More information on www.gaussin.com.

Contacts

METALLIANCE

Ulysse Communication

info@metalliance-tsi.com

Nicolas Daniels, ndaniels@ulysse-communication.com

+33(0)3.85.57.01.34

+33(0)6.63.66.59.22

Charles Courbet,ccourbet@ulysse-communication.com

+33(0)6.28.93.03.06

GAUSSIN

LHA Investor Relations - USA

invest@gaussin.com

Jody Burfening,jburfening@lhai.com

+33(0)3.84.46.13.45

More information onwww.metalliance-tsi.com

  • Forward-lookingstatements: This press release contains forward-looking statements. These statements are not historical facts. They include projections and estimates as well as the assumptions on which these are based, statements concerning projects, objectives, intentions and expectations with respect to future financial results, events, operations, services, product development and potential, or future performance. These forward-looking statements can often be identified by the words "expects," "anticipates," "believes," "intends," "estimates" or "plans" and similar expressions. Although GAUSSIN's management believes that these forward-looking statements are reasonable, investors are cautioned that forward-looking statements are subject to numerous risks and uncertainties, many of which are difficult to predict and generally beyond the control of GAUSSIN, that could cause actual results and events to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include, but are not limited to, the uncertainties inherent to supply difficulties related to the health situation, shortage of raw materials or current conflicts, decisions of State authorities, changes in exchange rates and interest rates, price inflation. GAUSSIN does not undertake to update any forward-looking information or statements, subject to applicable regulations, in particular articles 223-1 et seq. of the General Regulation of the Autorité des Marchés Financiers.

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Gaussin SA published this content on 19 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 September 2022 17:09:08 UTC.