1 February 2021

Perenti secures A$200 million Agnew underground mining contract extension

Perenti Global Limited (ASX: PRN) ('Perenti') is pleased to announce its subsidiary, leading hard-rockunderground miner Barminco, has been awarded a contract extension at Gold Fields' Agnew Gold Mine in Leinster, Western Australia. The extension is valued at over A$200 million and is for full underground mining services, driven by an increase in development and production physicals at the mine. Barminco has been successfully operating at Agnew since 2010.

Perenti Managing Director and Chief Executive Officer Mark Norwell said: "We are delighted to be extending our relationship with our long-standing client, Gold Fields.

"Part of our 2025 group strategy is to organically grow this part of our business. The recent achievements of Barminco in this regard are a result of the strong relationships we share with our clients and the value we create for them through our world class underground mining capabilities."

Perenti Mining Chief Executive Officer Paul Muller said: "We have been providing safe and efficient underground mining services at Agnew for more than 10 years and we are very pleased to be supporting Gold Fields with their increased development and production requirements. This extension will take our current term out to December 2023."

Authorised by:

Mark Norwell

Managing Director and CEO

-ENDS-

Investor and media enquiries:

Peter Bryant

Chief Financial Officer Perenti

+61 8 9421 6500

Level 2, 202 Pier Street

PO Box 8286

T +61 8 9421 6500

Perth WA 6000

Perth WA 6849

E investorrelations@perentigroup.com

Australia

Australia

Perenti Global Limited ABN 95 009 211 474 (ASX: PRN) (Perenti)

perentigroup.com

Perenti is a diversified global mining services group with businesses in surface mining, underground mining and mining support services. The Group was founded in Kalgoorlie in 1987 and is today one of the world's largest companies providing surface and underground mining at scale. Headquartered in Australia, Perenti has operations and offices in 13 countries across four continents, employs around 8,000 mining professionals and is creating enduring value and certainty for clients on some of the world's largest mining projects.

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Perenti Global Limited published this content on 01 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 February 2021 09:11:04 UTC.