Civils Projects Division Update

Hercules Site Services plc (AIM: HERC), a leading technology enabled labour supply company for the UK infrastructure sector, is pleased to announce that its Civils Projects division has been awarded further contracts with a combined value of £5.75 million during Q4 2023, the first quarter of the Company's new financial year. These contracts will see Hercules deliver critical work for two major clients relating to eight wastewater treatment and water management projects.

The Civils Projects division has extensive expertise in executing projects in this sector and experienced a busy year in 2023 as UK water companies face mounting pressure to increase the country's water resilience.

The contracts are divided as follows:

• £3.78 million awarded from Thames Water across six sites, the largest contract being £2.2 million at the sewage treatment works (STW) in Crawley, West Sussex
• £1.97 million awarded from Anglian Water across two sites, the largest contract being £1.29 million at the water pumping station in Etton, near Peterborough

Paul Field, Construction Director, commented: "These further wins are testament to our strong position as a trusted supplier to the UK water industry and build on the contracts previously announced in September with these two important clients.

"The UK water industry has pledged to invest £10 billion to provide a cleaner, safer infrastructure network, and Hercules is well placed to help deliver on this given our expertise in the space."