Fluence Announces US$8 Million in New Contract Wins Since 1 January 2018

Repeat orders received from customers in Italy and the USA

Expansion of existing system for customer in Argentina

Order received from Brazil’s largest national pharmaceutical group

MELBOURNE, Australia & NEW YORK–(BUSINESS WIRE)–Fluence
Corporation Limited (ASX:FLC) is pleased to announce that it has
delivered US$8 million in new contract wins calendar year-to-date
including the three NIROBOXTM orders announced on 1 March
2018. The new contracts were across the Company’s growing global
footprint, and further strengthened Fluence’s market position in
designated industries and geographies.

Commenting on Fluence’s start to 2018, Managing Director & CEO Henry
Charrabé said: “We are encouraged by the start of 2018, with US$8
million in new contracts written over the past eight weeks. The
diversity of project sizes, scopes, industries and geographies speak to
Fluence’s role as a solutions provider for the complete water cycle
across the globe. The mix of new and repeat customers reflects the
quality of our products and services, and our focus in being a true
partner to our customers.”

The following new contracts outlined in this release, in addition to the
new NIROBOXTM contracts (announced on 1 March 2018), are the
major contracts within the US$8 million in new contracts secured by
Fluence so far this year.

An important repeat customer in the agro-industry has once again
entrusted Fluence Italy with the task of designing and
implementing an upgrade and expansion of their aerobic treatment line.
This is the twelfth project that Fluence Italy has won from this client
since 2006, reflecting the reduction of costs achieved with Fluence’s
technologies and expansion of capacities for the client. Discussions are
already on going with this client as they plan their next project with
Fluence, to be implemented in 2019.

Fluence Argentina will design and deliver to Aguas Bonaerenses,
S.A., among the largest municipal utilities in Buenos Aires, a reverse
osmosis (RO) system as an expansion of 3,000 m3/day to their
existing installation, with added filtration and treatment systems to
aid in arsenic removal (a prevalent health issue in the area).

Fluence Brazil will design and deliver a turn-key wastewater
treatment plant for industrial process reuse to Brazil’s largest
national pharmaceutical group. This group selected Fluence to provide
this solution, utilizing RO, ultra-filtration and MBBR, among other
technologies, to supply 7.5 m3/hour of process water to their
operation in Sao Paulo due to its recognized mastery of the technologies
and practices relating to this application.

Another repeat customer, a renowned food and beverage industry client,
has entrusted Fluence USA’s equipment to upgrade their aeration
process for an additional two lagoons, following last year’s order which
introduced them to Fluence’s best-in-class Tornado Surface Aspirating
Aerator/Mixer. The highly reliable nature of the equipment and service
provided by Fluence enables this client to comply with local regulations
in an efficient and cost-effective manner.

About Fluence Corporation Limited (ASX: FLC)

Global consultancy Frost and Sullivan recently awarded Fluence
Corporation “2018 Global Decentralized Water and Wastewater Treatment
Company of the Year”, noting in their award dissertation:

“Water is a fundamental part of life on earth; not only does it
sustain people, but it also plays an essential role in sanitation,
agriculture, and industrial processes. Without a sufficient water
supply, communities suffer severe hardships including malnutrition,
sickness, and even death. The swelling of the world's population is
making water even scarcer and challenges communities to come up with
quick and viable solutions to overcome the water scarcity problem.

While typical decentralized water treatment systems are relatively
expensive, complicated, and inefficient, Fluence Corporation leverages
innovative and smart technology solutions backed by decades of
industrial know-how to excel in water and wastewater treatment
solutions. Fluence’s excellence becomes apparent through its success, as
the company continues to expand its existing offerings as well as
partnerships with other prominent companies in the industry. With its
easy to use, sustainable, smart and cost-effective solutions as well as
a remarkable year of growth, innovation, and leadership, Fluence
Corporation earns Frost & Sullivan’s 2018 Global Company of the Year
Award in the decentralized water and wastewater treatment industry.”

Fluence has experience operating in over 70 countries worldwide and
employs more than 300 highly trained water professionals around the
globe. The Company provides local, sustainable treatment and reuse
solutions, while empowering businesses and communities worldwide to make
the most of their water resources.

Fluence offers an integrated range of services across the complete water
cycle, from early stage evaluation, through design and delivery to
ongoing support and optimization of water related assets. With
established operations in North America, South America, the Middle East
and Europe, Fluence is also expanding into China’s rural wastewater
treatment market.

Further information can be found at https://www.fluencecorp.com/.

Contacts

For Fluence Corporation Limited
Corporate:
(USA)
Henry
Charrabé, +1 212 572 3766
Managing Director & CEO
hcharrabe@fluencecorp.com
or
(USA)
Richard
Irving, +1 408 382 9790
Executive Chairman
rirving@fluencecorp.com
or
(Australia)
Ross
Kennedy, +61 409 524 442
Company Secretary & Advisor to the Board
rkennedy@fluencecorp.com
or
Investors
(Australia):
Market Eye
Ronn Bechler, +61 400 009 774
ronn.bechler@marketeye.com.au
or
Media
(Australia):
Market Eye
Tristan Everett, +61 403 789 096
tristan.everett@marketeye.com.au
or
Investors
& media (USA):
The Blueshirt Group
Gary Dvorchak, +1
323 240 5796 (US) or +86 138 1079 1480 (China)
CFA
gary@blueshirtgroup.com