Costain Group Regulatory News (COST)

Costain Group PLC

29 November 2022

Costain Partners with Heathrow Airport to Transform Operations and Performance

Costain Group PLC ("Costain") announces that it is partnering with Heathrow Airport to deliver its new investment programme, which will provide a step-change in the customer experience and transform the airport on its journey to become a net-zero aviation hub.

As delivery partner providing construction, consulting and digital capabilities, Costain will work with Heathrow throughout the project lifecycle to shape, create and deliver asset renewal and construction projects procured through the Terminal Asset Renewal Partner and Major Project Partner lots of the H7 framework. Costain has been awarded its first commission, early contractor involvement in the design phase of the upgrade of baggage handling facilities and systems at Terminal 2, via the Major Project Partner lot.

Sue Kershaw, Managing Director for Transportation at Costain, said: "I am delighted that our construction, consulting and digital experts have been selected to help Heathrow transform its performance. Our integrated team will work closely with Heathrow to address the challenges of rebounding from COVID, transforming to a net-zero airport and attracting new customers and airlines to give passengers a world-class airport experience."

The Costain Heathrow team will work across the lifecycle of renewal and construction projects, implementing a systems approach to identify efficiencies, streamline the delivery of works and provide a blueprint for sustainable operations. Costain will play the role of integrator within an enterprise model, ensuring that the delivery and operation of new infrastructure meets the requirements of the customer, supply chain, operator and passenger. Included in the scope of works are:

· Upgrades and improvements to Terminal 2 and adjacent facilities,

· Delivery of major projects, including construction of baggage handling facilities and implementation of baggage systems.

Heathrow's Chief Solutions Officer Helen Elsby said: "We have bold plans to improve Heathrow over the next four years, making sure journeys are smooth, safe and reliable. We are pleased to appoint a range of excellent partners on the vital infrastructure upgrades that will underpin this, and will continue to work with our regulator on a deal that supports this important work. We're pleased to welcome Costain back to Heathrow and to be working in partnership with them to improve passenger experience in the airport."

Enquiries

Investors and analysts paul.sharma@costain.com

Paul Sharma +44 (0) 7867 501188

Financial media - Headland costain@headlandconsultancy.com

Andy Rivett-Carnac +44 (0) 7968 997 365

Notes to editors

Costain helps to improve people's lives by creating connected, sustainable infrastructure that enables people and the planet to thrive. We shape, create and deliver pioneering solutions that transform the performance of the infrastructure ecosystem across the UK's transport, energy, water, and defence markets.

We are organised around our customers anticipating and solving their challenges and helping to improve performance. By bringing together our unique mix of construction, consulting and digital experts we engineer and deliver sustainable, efficient and practical solutions.