Costain Labour Framework Agreement

Hercules Site Services plc (AIM: HERC), a leading technology enabled labour supply company for the UK infrastructure and construction sectors, is pleased to announce that it has joined the UK-wide labour framework of Costain Ltd, part of Costain Group plc ("Costain"), after a successful tender process.

Costain has announced that a newly formed Integrated Labour Team ("ILT") will become the first point of contact for any blue-collar labour supply requirement for any project, across all sectors in which it operates. These sectors include water, rail, highways, defence, energy, nuclear, oil and gas and aviation.

The move comes after Costain, a long-standing client of Hercules, decided to significantly reduce its supply chain for skilled blue-collar infrastructure and construction workers. Hercules is one of four labour suppliers on the new ILT.

Brusk Korkmaz, Chief Executive Officer, said: "We are delighted to further cement our relationship with Costain. We have been working together on a project-by-project basis for over a decade.

"This agreement between our companies means Hercules has the potential to work across all of Costain's projects and sectors beyond highways and water, where we are currently partnered.

"The agreement is also further testament to Hercules' growing reputation across the infrastructure and construction sectors as one of the UK's leading labour suppliers."

Sarah Thomas, Head of Supply Chain at Costain Group PLC, said: "Our partnership with the ILT brings added value and benefits to Costain and is changing how temporary operational resource is considered.

"The ILT holds expert market information, useful for resource planning and winning bids. We can engage with ILT earlier to confirm a pipeline of resources. And we have real employment terms for temporary operational resources, ensuring fairness, wellbeing, and ongoing engagement."

About Costain

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.