General Announcement::AusGroup secures AUD$32 million in new contracts across Australian resources and minerals sectors

SGX/MEDIA RELEASE	Company Registration Number 200413014R
For Immediate Release	438B Alexandra Road, #05-08/09 Alexandra Technopark
Singapore 119968
Singapore and Australia
7th October 2021

AusGroup secures AUD$32 million in new contracts across Australia's resources and minerals sectors

• Solidifying AusGroup's footprint in the resources and minerals sectors in Western Australia.
• Strengthening and maintaining order book of over A$1bn with revenue secured beyond 2022.

SGX Mainboard-listed AusGroup Limited ("AusGroup"), a specialist provider of integrated service solutions to the energy, resources and mineral sectors across Australia and South East Asia, has been awarded multiple contracts across Western Australia's resources and energy sectors totalling approximately AUD$32 million.

AusGroup will provide a range of diverse services to resource projects focusing on rectification and fabrication works for Conveyor Gravity Take-up Unit (GTU) and Twin Boom Stacker fabrication packages, including on-site installation and the provision of specialist maintenance ground crews. In addition, AusGroup will also provide fabrication and onsite construction services for two waste-to- energy plants with all these projects collectively creating permanent and Fly-in,Fly-out (FIFO) employment opportunities over the coming months.

Mr Shane Kimpton, CEO and Managing Director of AusGroup, said "AusGroup has established itself as a leading provider of integrated service solutions to customers in the energy, resources and mineral sectors. These contracts will allow AusGroup to further solidify our presence in these sectors within our core services. Our order book is also strengthened, providing the Group with greater revenue visibility and confidence into 2022."

ENDS

About AusGroup Limited (www.ausgroupltd.com)

Listed on the Mainboard of the Singapore Stock Exchange (Stock Code: 5GJ)

Through its subsidiaries AGC Industries, MAS Australasia and Northern Territory Port & Marine (NTPM), AusGroup provides maintenance, construction, commissioning & handover, access services, and marine services for diverse sectors.

For further information in Singapore, please contact

August Consulting

Ms Silvia Heng

1. [phone] | Mobile: [phone] Email:[e-mail]

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SGX/MEDIA RELEASE	Company Registration Number 200413014R
For Immediate Release	438B Alexandra Road, #05-08/09 Alexandra Technopark
Singapore 119968

For further information in Australia, please contact

Mr Christian Johnstone

T [phone]

Email:[e-mail]

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