Investor Presentaiton

Outlook FY24 is an important transition year in our turn-around program External market conditions appear to be stabilising, but remain challenging Confidence in achieving $100m of cost out, with full run rate into FY25 Downer's 1H24 will be affected by the run-off of existing low margin contracts and the timing of our Utilities recovery, with stronger earnings targeted in the 2H24 We start the year with a high percentage of secure revenue and targeting continued improvement in EBITA margin for FY24 We will give a further update at the AGM in November Downer Downer Dirndal Downer FY23 Results | 23

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