Investor Presentation

Reducing legacy liabilities (unchanged since CMD) 6 36 All cash outflows FY23e FY24e FY25e Aegis Poland contract c.$20m Nil Nil • • Asbestos (provisions) c.$35m c.$30m c.$30m Commentary Project complete, in commercial settlement process Long term profile to 2050 Gradually reducing over time SFO settlement c.$35m c.$30m Nil • Final payment in early 2024 Restructuring costs n/m n/m n/m • Onerous leases c.$20m c.$5m Nil LSTK losses / working c.$25m Nil Nil • • No material costs expected Reduce to nil beyond 2024 Exiting LSTK, unwind of advances capital Total: c. $135m c.$65m c.$30m wood.

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