Downer EDI Limited (“DOW”) – Trading Halt of Securities

Memorandum To: Market Participants From: NZX Product Operations Date: Tuesday, 21 July 2020 Subject: Downer EDI Limited ("DOW") - Trading Halt of Securities Message: NZX Regulation ("NZXR") advises that, at the request of the company, it has placed a trading halt on Downer EDI Limited ("DOW") ordinary shares. The trading halt was placed at 10:25am this morning. DOW has sought the trading halt while the institutional element of an Accelerated Non-Renounceable Rights Offer ("ANREO") is undertaken. The halt will remain in place until the earlier of: o The release of an announcement relating to the outcome of the institutional component of the ANREO; or o Market open on Wednesday, 22 July 2020. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00356606 For:DOW Type:HALT Time:2020-07-21 11:10:28