Common use of PROJECT MILESTONES, REPORTING AND PAYMENTS Clause in Contracts

PROJECT MILESTONES, REPORTING AND PAYMENTS. 14. Table 1 summarises the milestones for the project, their relationship to the outputs, expected completion dates, relevant reporting dates and expected payments to be made. The Commonwealth will make payments subject to the relevant performance report demonstrating the relevant milestone has been met. Table 1: Performance requirements, reporting and payment summary Outputs Milestones Report due Payment Rehabilitation Establish monitoring stations to acquire baseline environmental information for noise and air quality 15 December $2,216,000 design Complete drilling of Main Pit Tailings 2017 Complete geotechnical drilling footprint area of new Waste Storage Facility Submit application for Aboriginal Areas Protection Authority (AAPA) certificate for potential Stage 3 works Stakeholder engagement Undertake and document stakeholder engagement and communication (traditional Aboriginal owner, community) Rehabilitation design Conduct ongoing baseline air and noise monitoring 15 May 2018 $3,860,000 Finalise engineering design for water management and access during construction phase Complete in-field waste prioritisation assessment activities Complete wet season site flora and fauna survey Complete geomorphology review of Finniss River Complete geotechnical investigations, traffic impact and safety audit for intersection design Conduct flume erodibility trials Site management, maintenance and environmental monitoring activities Complete annual maintenance earthworks, site security, fire control and weed management and control Conduct ongoing environmental monitoring (surface and groundwater), analysis and updating of water quality values Rum Jungle Creek South cover system Finalise design requirements (technical specifications and drawings) Finalise Radiation Management Plan (RMP) for works Complete traditional Aboriginal owner employment plan Complete site management activities (including native seed collection) Stakeholder engagement Undertake and document stakeholder engagement and communication (traditional Aboriginal owner, community) Rehabilitation design Complete socio-economic impact assessment consultations and data analysis Finalise in-field waste prioritisation and segregation program Finalise and audit contaminated land assessment and remediation action plan Conduct lime amendment mixing trials Finalise Waste Storage Facility design and location (survey points) 15 December 2018 $1,324,000 0BFinalise pit backfill methodology including: • tailings management, supporting procedures and works specifications; and • copper extraction pad groundwater remediation. Finalise excavation plan (and volumes) for borrow material Finalise dry season off site flora and fauna survey and assessment Finalise revised site wide radiological assessment Finalise engineering design for water treatment plant (that meets NT EPA discharge requirements if any) Finalise multi-criteria assessment of design options and alternatives Submit Draft Environmental Impact Statement (EIS) Rum Jungle Creek South cover system 1BComplete construction and demonstrate through a post construction report compliance with design and quality assurance/quality control standards. Complete revegetation Stakeholder engagement Undertake and document stakeholder engagement and communication (traditional Aboriginal owner, community) Rehabilitation design 2BFinalise delivery of design including: • procurement ready documentation of final drawings and technical specifications; and • a cost estimate that can support probabilistic cost estimations to P80 using risk based contingencies 15 May 2019 $2,648,000 3BSubmit Supplementary EIS (if required) Site management, maintenance and environmental monitoring activities Complete annual maintenance earthworks, site security, fire control and weed management and control Conduct ongoing environmental water monitoring (surface and groundwater), analysis and updating of water quality values Rum Jungle Creek South cover system Finalise construction and post-construction dose assessment (RMP) Conduct revegetation monitoring Complete site management activities including repairs if required Stakeholder Undertake and document stakeholder engagement engagement and communication (traditional Aboriginal owner, community)

PROJECT MILESTONES, REPORTING AND PAYMENTS. 1411. Table 1 The following table summarises the milestones for the project, their relationship to the outputs, expected completion dates, relevant reporting dates and expected payments to be made. The Commonwealth will make payments subject to the relevant performance , once a report demonstrating the relevant milestone has certifying that milestones have been metmet is received and accepted. Table 1: Performance requirementsMilestones, reporting and payment summary Outputs Milestones Date due Relevant Report due Payment Rehabilitation Establish monitoring stations Remediation of the Macquarie Point Railyards site. Commonwealth contribution to acquire baseline environmental information assist with 28/06/2012 N/A $50m the costs of delivering the project Redevelopment of Brooke Street Pier. 1st Progress Report 01/11/2012 30/11/2012 Development options and Benefit Cost Analysis for noise Macquarie Point Railyards site project Planning permit for Brooke Street Pier in place and air quality 15 December $2,216,000 detailed design Complete drilling of Main Pit Tailings 2017 Complete geotechnical drilling footprint area of new Waste Storage Facility Submit application in progress 2nd Progress Report 01/06/2013 30/06/2013 Hobart Waterfront Development Corporation operational and detailed Macquarie Point Railyards site remediation plan under development Building approvals and cost estimates for Aboriginal Areas Protection Authority (AAPA) certificate for potential Stage 3 works Stakeholder engagement Undertake and document stakeholder engagement and communication (traditional Aboriginal owner, community) Rehabilitation design Conduct ongoing baseline air and noise monitoring 15 May 2018 $3,860,000 Finalise engineering design for water management and access during construction phase Complete in-field waste prioritisation assessment activities Complete wet season Brooke Street Pier finalised 3rd Progress Report 01/11/2013 30/11/2013 Detailed Macquarie Point Railyards site flora and fauna survey Complete geomorphology review of Finniss River Complete geotechnical investigations, traffic impact and safety audit for intersection design Conduct flume erodibility trials Site management, maintenance and environmental monitoring activities Complete annual maintenance earthworks, site security, fire control and weed management and control Conduct ongoing environmental monitoring (surface and groundwater), analysis and updating of water quality values Rum Jungle Creek South cover system Finalise design requirements (technical specifications and drawings) Finalise Radiation Management Plan (RMP) for works Complete traditional Aboriginal owner employment remediation plan Complete site management activities (including native seed collection) Stakeholder engagement Undertake and document stakeholder engagement and communication (traditional Aboriginal owner, community) Rehabilitation design Complete socio-economic impact assessment consultations and data analysis Finalise in-field waste prioritisation and segregation program Finalise and audit contaminated land assessment completed Works on Brooke Street Pier commenced 4rd Progress Report 01/06/2014 30/06/2014 Contractors engaged and remediation action plan Conduct lime amendment mixing trials Finalise Waste Storage Facility design on Macquarie Point Railyards site commenced Redevelopment of Brooke Street Pier completed and location (survey points) 15 December 2018 $1,324,000 0BFinalise pit backfill methodology including: • tailings management, supporting procedures construction of commercial facilities commenced 5th Progress Report 01/11/2014 30/11/2014 Update on Macquarie Point Railyards site remediation proceedings 6th Progress Report 01/06/2015 30/06/2015 Update on Macquarie Point Railyards site remediation proceedings 7th Progress Report 01/11/2015 30/11/2015 Update on Macquarie Point Railyards site remediation proceedings Remediation complete 01/06/2016 30/06/2016 and works specifications; and • copper extraction pad groundwater remediation. Finalise excavation plan (and volumes) for borrow material Finalise dry season off site flora and fauna survey and assessment Finalise revised site wide radiological assessment Finalise engineering design for water treatment plant (that meets NT EPA discharge requirements if any) Finalise multi-criteria assessment of design options and alternatives Submit Draft Environmental Impact Statement (EIS) Rum Jungle Creek South cover system 1BComplete construction and demonstrate through a post construction final report compliance with design and quality assurance/quality control standards. Complete revegetation Stakeholder engagement Undertake and document stakeholder engagement and communication (traditional Aboriginal owner, community) Rehabilitation design 2BFinalise delivery of design including: • procurement ready documentation of final drawings and technical specifications; and • a cost estimate that can support probabilistic cost estimations to P80 using risk based contingencies 15 May 2019 $2,648,000 3BSubmit Supplementary EIS (if required) Site management, maintenance and environmental monitoring activities Complete annual maintenance earthworks, site security, fire control and weed management and control Conduct ongoing environmental water monitoring (surface and groundwater), analysis and updating of water quality values Rum Jungle Creek South cover system Finalise construction and post-construction dose assessment (RMP) Conduct revegetation monitoring Complete site management activities including repairs if required Stakeholder Undertake and document stakeholder engagement engagement and communication (traditional Aboriginal owner, community)accepted by Commonwealth Reporting arrangements

PROJECT MILESTONES, REPORTING AND PAYMENTS. 1417. Table 1 summarises the milestones for the projectprojects, their relationship to the outputs, expected completion dates, relevant reporting dates and expected payments to be made. The Commonwealth will make payments subject to performance reporting demonstrating that the relevant performance report demonstrating the relevant milestone has milestones have been met. Table 1: Performance requirements, reporting and payment summary Outputs Milestones Performance milestones or benchmarks Report due Payment Rehabilitation Establish monitoring stations to acquire baseline environmental information for noise Construction of a Xxxxxxx Creek Visitor Park Site selected and air quality 15 December $2,216,000 design Complete drilling of Main Pit Tailings 2017 Complete geotechnical drilling footprint area of new Waste Storage Facility Submit application for Aboriginal Areas Protection Authority (AAPA) certificate for potential Stage 3 works Stakeholder engagement Undertake and document stakeholder engagement and communication (traditional Aboriginal owner, community) Rehabilitation design Conduct ongoing baseline air and noise monitoring 15 May 2018 $3,860,000 Finalise engineering design for water management and access during construction phase Complete in-field waste prioritisation assessment activities Complete wet season site flora and fauna survey Complete geomorphology review of Finniss River Complete geotechnical investigations, traffic impact and safety audit for intersection design Conduct flume erodibility trials Site management, maintenance and environmental monitoring activities Complete annual maintenance earthworks, site security, fire control and weed management and control Conduct ongoing environmental monitoring (surface and groundwater), analysis and updating of water quality values Rum Jungle Creek South cover system Finalise design requirements (technical specifications and drawings) Finalise Radiation Management Plan (RMP) for works Complete traditional Aboriginal owner employment plan Complete site management activities (including native seed collection) Stakeholder engagement Undertake and document stakeholder engagement and communication (traditional Aboriginal owner, community) Rehabilitation design Complete socio-economic impact assessment consultations and data analysis Finalise in-field waste prioritisation and segregation program Finalise and audit contaminated land assessment and remediation action plan Conduct lime amendment mixing trials Finalise Waste Storage Facility design and location (survey points) 15 December 2018 operational models shortlisted by the Northern Territory Government for community consultation 16/03/2020 $1,324,000 0BFinalise pit backfill methodology including: • tailings management2.0m Procurement for construction contract completed, supporting procedures construction underway and works specifications; procurement process for operational contract underway 15/06/2021 $0.xx Construction completed and • copper extraction pad groundwater remediation. Finalise excavation plan (statement of occupancy issued 30/09/2021 n/a Scoping study for a student boarding accommodation facility Scoping study submitted by the Northern Territory Government to the Department of Infrastructure, Transport, Cities & Regional Development Completion of scoping study to include community consultation and volumes) for borrow material Finalise dry season off site flora is to identify culturally appropriate operational model and fauna survey and assessment Finalise revised site wide radiological assessment Finalise engineering design for water treatment plant (that meets NT EPA discharge requirements if any) Finalise multiwrap-criteria assessment of design options and alternatives Submit Draft Environmental Impact Statement (EIS) Rum Jungle Creek South cover system 1BComplete construction and demonstrate through a post construction report compliance with around services, facility design and quality assuranceconstruction, and broader school attendance strategy in response to community needs 16/03/2020 $0.1m Private-public partnership with Venture Housing Company Northern Territory Government finalises funding agreement with Venture Housing Company to construct social and affordable housing 16/03/2020 $0.95m Delivery of community mediation support services First round of community consultation on service model finalised by Northern Territory Government 16/03/2020 $0.33m Review of service effectiveness completed 12/02/2021 $0.32m Delivery of administrative support for the Barkly Governance Table Northern Territory Government finalise funding agreement with Barkly Regional Council to provide administrative support for the Barkly Governance Table in 2019-20 31/01/2020 $0.335m Delivery of agreed objectives for the Local Community Project Funding agreement in place, including finalised criteria, to deliver the Local Community Projects Fund from 2019-20. 30/04/2020 $0.5m Outputs Performance milestones or benchmarks Report due Payment Fund 2020-21 Local Community Projects Fund applications open 15/01/2021 $0.5m 2021-22 Local Community Projects Fund applications open 14/01/2022 $0.5m Construction, fit out and operation of the Barkly Business Hub Commence community co-design process to inform operational model of the facility 17/06/2020 $0.5m Business plan agreed between the Northern Territory Government and Commonwealth for operational model of the Hub, including details of services/quality control standardsprograms to be offered for the first year of operations 17/07/2020 $0.8m Service/program offering for second year of operations to be agreed between the Northern Territory Government and Commonwealth. Complete revegetation Stakeholder engagement Undertake and document stakeholder engagement and communication (traditional Aboriginal owner, community) Rehabilitation design 2BFinalise delivery of design including: • procurement ready documentation of final drawings and technical specifications; and • a cost estimate that can support probabilistic cost estimations to P80 using risk based contingencies 15 May 2019 16/07/2021 $2,648,000 3BSubmit Supplementary EIS (if required) Site management, maintenance and environmental monitoring activities Complete annual maintenance earthworks, site security, fire control and weed management and control Conduct ongoing environmental water monitoring (surface and groundwater), analysis and updating of water quality values Rum Jungle Creek South cover system Finalise construction and post-construction dose assessment (RMP) Conduct revegetation monitoring Complete site management activities including repairs if required Stakeholder Undertake and document stakeholder engagement engagement and communication (traditional Aboriginal owner, community)0.9m Total $10.74m