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Investor Presentaiton

Timeline 20 February 2023 trans-Tasman integration announcement 22 February 2023 Australian Transport Projects divestment 1 July 2023 New operating model New trans-Tasman operating model commenced 1 July as planned 1 February 2023 Transformation Management Office established FY23 17 April 2023 CEO-2 appointments 400 FTEs out 27 February 2023 FY23 Half Year results 27 April 2023 Investor Day 2023 Sector led operating model and transformation program Through to Mar-24 FY24 10 August 2023 FY23 Full Year results 3 November 2023 2023 AGM July 2023 New CFO commenced Downer Transformation benefits Target period for delivery of $100m p.a of benefits in FY25 Enterprise strategy Full potential planning / enterprise strategy EBITA % initiatives Target date to have executed key steps required for targeted EBITA margins in FY25 September 2023 New CRO to commence FY25 Operational excellence and risk management Continue to simplify current portfolio Downer FY23 Results | 25
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