Shareholder class action

Shareholder class action A class action has been filed against Downer EDI Limited (Downer) in the Federal Court of Australia, New South Wales Registry. Downer understands that these proceedings have been brought on behalf of persons who acquired an interest in Downer shares during the period 1 April 2020 to 27 February 2023. The statement of claim includes allegations that Downer: o breached its continuous disclosure obligations under the Corporations Act and ASX Listing Rules by not disclosing to the market information relating to, and o engaged in misleading and deceptive conduct or made false or misleading statements under the Corporations Act, the ASIC Act and the Australian Consumer Law by making or failing to qualify various representations relating to, a maintenance contract in its Australian Utilities business and Downer's financial performance and systems and controls. Downer intends to defend the proceedings. Authorised for release by Downer's Chief Executive Officer, Peter Tompkins. Media: Mitchell Dale, Group Manager Corporate Affairs +61 448 362 198 Investors: Adam Halmarick, Group Head of Investor Relations +61 413 437 487 End CA:00409403 For:DOW Type:GENERAL Time:2023-04-03 13:28:21