SunWater’s infrastructure agenda driving a 10 year safety improvement program

alex fisher executive general manager asset strategy & delivery SunWater limited • home to over 1.3 million people water is critical • services urban communities agriculture, industry, to ’s power generation regional economy & mining • geographically dispersed

2 SunWater Operations SunWater plays a vital role in water supply for queensland we deliver more than we own & service more 1500 gigalitres of than bulk water per year

across these sectors: we own & operate more than 3000km of pipelines & water channels 3 asset portfolio valued at more than $13 billion

a foundational element infrastructure for SunWater’s customer service 4 operational changing principles of environment: historical flood data nature of performance: flood predictions risk criteria consequence analysis dam safety engineering standards management industry practice

duty of care 5

$880 million

in dam safety upgrades what this means we need to rethink required across for SunWater our delivery approach if we are17 todams be successful

targeted for completion by 2027

6 earthworks anchoring the work concreting

operational spillways weather sensitive works the challenges brownfield sites time sensitive program

7 program delivery current focus | & resourcing planning

evaluation & yet to be started implementation planning

Projects ($10 - $100M) Projects > $100M Projects ($10 - $100M)

TEEMBURRA BURDEKIN SADDLE DAM & FAIRBAIRN SPILLWAY LESLIE MONOLITH PARADISE STRENGTHEN MONOLITH $43M $620M PARADISE PRIMARY SPILLWAY $193M COOLMUNDA BURDEKIN DRAIN & SPILLWAY PARADISE SECONDARY SPILLWAY WURUMA BOONDOOMA Projects $3 - $10M $16M EUNGELLA Projects < $3M KINCHANT MOURA the program today PETER FAUST $8M WOONGARRA ISIS 8 CANIA Projects > $100M Value DELIVERY STRATEGY BURDEKIN SADDLE DAM & MONOLITH $620M • PARADISE PRIMARY SPILLWAY Collaborative Delivery DELIVERY OPTIONS PARADISE SECONDARY SPILLWAY

• Alliance (Collaborative) Projects ($10 - $100M) PROJECT FAIRBAIRN SPILLWAY • Delivery Partner (Collaborative) DELIVERY • Direct Management PARADISE STRENGTHEN MONOLITH • Early Contractor Involvement ASSESSMENT $193M BURDEKIN DRAIN & SPILLWAY (Collaborative) • Principal Contractor • Project size BOONDOOMA • Direct Managementrethinking (SunWater led) • Complexity TEEMBURRA • Scope certainty & LESLIE • Design and Construct / EPC $43M • Direct Management (Contractorour led) delivery risk COOLMUNDA WURUMA • Engineering Procurement • Delivery schedule Constructionapproach Management • Stakeholders Projects $3 - $10M (Contractor led) • Resource FRED HAIGH DAM • Direct Management • Managing Contractor (Contractor CALLIDE DAM $16M requirements • Principal Contractor led) EUNGELLA • SunWater capability • Principal Contractor/ Construct & resource Projects < $3M Only (Contractor led) availability KINCHANT MOURA • Principal Contractor DELIVERY OPTIONS PETER FAUST $8M (Bundled Program) WOONGARRA • Direct Management ISIS CANIA • peak workforce of approximately 470 required Total construction workforce Blue collar workforce • almost 400 of 470 relate to civil works delivery

• SunWater “must have” resources range from 20 to 40 • flexible workforce mix (SunWater & contractors) based on availability & capability building

Total workforce – design, PM, controls, assurance Workforce potentially outsourced delivery success depends on market relationships Market SunWater Resources Relationships Capability Building “Must Have” functions

Civil Contractors Outsourced Civil Contractors Construction Supervision Collaborative Delivery Majority Eng. Designers Dam Design Engineering Support Designers Outsourced Technical Review Panels Direct Dam Safety Management Project Mgmt PM & Controls SunWater & Project Management Program Controls & Controls Outsourced Principal Recruiters Contractor Support & SunWater Assurance Assurance SunWater Independent reviews Governance Functionality Procurement Legal Communications Commercial Risk / HSE Engineering Employee Relations project resourcing WORKFORCE & RESOURCING STRATEGY POST DELIVERY CAPABILITY resource needs driven by delivery methods, schedule, current & future capabilities future capability objectives

SunWater Internal Resources SunWater Internal Resources capability – skills “Must Have” functions capacity – bandwidth Capability Building roles bandwidth – growth

Project Resourcing Options Workforce Flexibility & Options Relationships In-house (Fixed term) capability – skilled & trusted with Recruiters Contract (Fixed term) capacity – responsive & timely bandwidth – diversity Consultants

Delivery Relationships & Procurement Panels Ongoing Market Relationships Contractors capability – skilled & trusted capacity – reliable Designers & Technical Review bandwidth – collaborative Project Management Support & Assurance success = delivery today + capability for tomorrow what does this mean for you? success demands partnership & collaboration

13 where to from here early market engagement capability development as a pre-requisite to working with us 14