HOCHTIEF : CIMIC's CPB Contractors selected for $289m Bruce Highway upgrade

18 MARCH 2021

CIMIC'S CPB CONTRACTORS SELECTED FOR $289M BRUCE HIGHWAY UPGRADE

CIMIC Group company CPB Contractors has been selected by the Queensland Government to deliver the Bruce Highway Upgrade - Cooroy to Curra Section D: Woondum to Curra (C2CD) - Contract 2.

The construct-only contract will generate revenue of $289 million for CPB Contractors. The C2CD project is funded by the Australian and Queensland governments.

The upgrade of the Bruce Highway between Woondum and Curra is a priority road project and is being progressed as part of the national highway network. It will provide a bypass east of Gympie and improve safety while reducing congestion.

CIMIC Group Executive Chairman and Chief Executive Officer Juan Santamaria said: "CIMIC Group is pleased to be selected to deliver this important project through CPB Contractors. We look forward to working with communities in the Sandy Creek Road to Curra area and supporting the achievement of greater safety outcomes for road users based on our experience in regional projects in Queensland."

CPB Contractors Managing Director Jason Spears said: "CPB Contractors successfully completed Section C of the Cooroy to Curra upgrade and will apply that local knowledge to delivering this section safely and with the least disruption possible. We are also committed to engaging with local workers and businesses to facilitate skills development, work opportunities and other community benefits."

CPB Contractors will be delivering 18 kilometres of new highway, realignments to local roads, 19 bridges and a new interchange at Curra. Work on the project will commence in 2021 and is scheduled to be completed in mid-2024.

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 (50% investment) 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 32,000 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 200 index, the Dow Jones Sustainability Australia Index and FTSE4Good.