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Investor Presentaiton

Managing Economic Uncertainties Saunders continues to manage economic uncertainties while leveraging market opportunities. COVID-19 Saunders has experienced impacts on productivity due to COVID-19. Mitigation strategies include: Over-staffing of projects to cater for absenteeism Work from home, RAT and PCR testing, education and training and best practice protocols at all locations Labour market Saunders is experiencing tight labour market conditions and pressures due to increased resource competition. Mitigation strategies include: • Salary increases, employer of choice programs, retention incentive plans, offshore recruitment . Renewed EBA's ensuring escalations are built into the estimating process • Saunders is a permanent employer with long term tenure Material Escalation Materials and logistics continue to be unstable in the industry. Mitigation strategies include: • Tighter commercial conditions with rise and fall clauses • Back to back locked in subcontracts and material purchases at contract execution • Robust Go/No Go process to decline risky projects Inclement Weather and Floods Weather continues to impact our business. We have experienced material impact to our NSW infrastructure business. Generally weather has had less impact in other states. Mitigation strategies include: • Tighter commercial terms, increased contingencies . Deployment of resources where possible to other projects 6
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