McConnell Dowell 2018 Annual Review

Group Highlights FY18 Operational & Financial Performance Substantial turnaround in financial and operational performance Return to profitability, revenue growth & cash generation – positioned for sustained performance Launched the McConnell Dowell Way to drive consistency – Clear Operating Framework & Vision 2025 and revised company Purpose and Values Good progress in the resolution of legacy/ historical issues Project Portfolio delivering strong, sustainable performance Core markets providing strong opportunities across all operating regions and underpinning growth agenda Strong focus on new business processes and early customer engagement practices showing in our record level of Preferred/ECI/Sole Source tender positions. Focused on converting preferred positions to secured WIH in near-term Continuing to leverage competitive advantage to target selected markets and projects Continued drive on project performance, consistency and reliability After a strong year of consolidation, the McConnell Dowell Group is entering the 2019 Financial Year with purpose and energy.