Primero Contracted Order Book and Pipeline

PRIMERO Large contracted order book Strongly backed by Tier 1 clients + Major contracts commenced Rio Tinto (Koodadeiri, Mesa K) Fortescue Metals Group (CC WHIMS) Northern Star (Pogo) + Total committed orders of approx. A$230M for FY21 + Large volume of further EPC opportunities up for award over 1H FY21 + Broad range of key commodity and industry leverage + Forecast FY21 underlying EBITDA margin = 6-8% FY21 committed order book relative to reported FY19 and contracted FY20 revenue (A$M) 300 250 200 150 152 100 50 ~230 ~195 0 2019A 2020F 2021F 18

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