19 MARCH 2021

CIMIC'S SEDGMAN AND CPB CONTRACTORS SECURE $100M IN PROJECT WINS

CIMIC Group's minerals processing company, Sedgman, and construction company CPB Contractors, have further extended their presence in Queensland with the award of contracts totalling approximately $100 million in revenue.

The projects are:

  • a contract awarded by QCoal to Sedgman to design and construct a tailings dewatering facility at the Byerwen mine in Central Queensland. The project results in a lower operational risk profile, less power usage, and improved water recovery and management of dewatering chemicals.

  • a contract awarded by the Queensland government to Broad Construction, a wholly owned subsidiary of CPB Contractors, to deliver stage two of the Yarrabilba State Secondary College. The educational facilities to be delivered include senior general learning spaces, a senior applied technology centre, art and design centre and performing arts centre.

CIMIC Group Executive Chairman and Chief Executive Officer Juan Santamaria said: "CIMIC Group's companies have a strong history of delivering consistent outcomes in Queensland. We are pleased to continue our long-standing relationships with QCoal to deliver safe and efficient solutions for the industry; and with the Queensland Department of Education to deliver high-quality assets of lasting value that will benefit the local community."

Sedgman Managing Director Grant Fraser said: "We are pleased to continue working with QCoal with a key focus on reducing impacts and undertaking environmentally responsible practices. The tailings dewatering contract at Byerwen is a great opportunity to achieve joint goals in ESG, an important focus for the industry."

CPB Contractors Managing Director Jason Spears said: "Broad worked closely with the Department of Education to deliver stage one of the Yarrabilba State Secondary College. The team will build on this outstanding result to safely deliver the additional school facilities for the local community."

Construction work for the Byerwen mine will commence this month and the project will conclude in mid-2022. The Yarrabilba State Secondary College will be completed during 2022.

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 publicprivate 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.

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Hochtief AG published this content on 19 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 March 2021 10:38:11 UTC.