Slide 1: Expanding our Leadership
1 + Environmental Business of John Wood Group plc known as E&I Expanding our Leadership
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains information or statements that are or may be "forward-looking statements" within the meaning of applicable Canadian securities laws. When used in this presentation, the words "may", "will", "should", "expect", "plan", "anticipate", "believe", "es
Slide 3: Non-IFRS Measures
Non-IFRS Measures The Corporation reports its financial results in accordance with IFRS. In this presentation, the following non-IFRS measures are used by the Corporation: net revenues; adjusted EBITDA; adjusted EBITDA margin; adjusted net earnings; adjusted net earnings per share; and net debt to a
Slide 4: Agenda
Agenda Alexandre L’Heureux Alain Michaud President & CEO CFO 1 Transaction Overview 2022—2024 Global Strategic Plan 2 Strategic Rationale 3 Expanding our Leadership 4 Closing Remarks and Q&A 4
Slide 5: Transaction Overview
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Slide 6: Transaction Overview – Accretive From Day 1
Transaction Overview Transaction Overview – Accretive From Day 1 Acquiring Environment & Synergies and Financing Infrastructure Consulting Adj. EPS and (E&I) Business of John Accretion(1,2) Transaction Timeline Wood Group plc US$1.81B (C$2.29B) Purchase Price Transaction financed entirely Immediate
Slide 7: Transaction Timeline
Transaction Overview Transaction Timeline • Subject to customary closing conditions including Wood shareholder approval and applicable regulatory approvals • Transaction expected to close in the fourth quarter of 2022 Transaction Announcement Shareholder Vote Expected Transaction Close Q4-2022 2022—
Slide 8: At a Glance: A Leading Environmental Business
Transaction Overview At a Glance A Leading Environmental Business Business with rich history in the environmental and earth sciences sectors with ~6,000 people in 150 offices across 10 countries ENR #16 Top 200 2021 Environmental firms in Business has strong credentials with Federal and State Client
Slide 9: Capitalizing on a Fast-Growing Market
Transaction Overview Capitalizing on a Fast-Growing Market Environmental Consulting Disciplines that Contribute to Sustainable Infrastructure Development Environmental Management Climate Change Environmental & Social Impact Earth Sciences & Compliance 2022—2024 Global Strategic Plan Corporate Risk A
Slide 10: Strategic Rationale
10 2 Strategic Rationale
Slide 11: Strategic Rationale
Strategic Rationale Strategic Rationale Global Earth & Environment Leader Complements our Platform Deepens our footprint in OECD countries, in line Expand our leadership as a global Earth & with our strategic plan Environment (E&E) consultancy with 20,000 experts including significant Water expertis
Slide 12: Expanding Our Leadership
12 3 Expanding Our Leadership
Slide 13: The Leading Global Environmental Consulting Firm
Expanding Our Leadership The Leading Global Environmental Consulting Firm Environment Consulting Global Gross Revenues (2019) (in US billions) + E&I (including water and waste water services)(2) Select Leading 3.9(3) Top 6 firms represents ~30% Market Position of the global environmental 2019 - 2021
Slide 14: Complementary Expertise and Strong Focus on Consulting & Advisory Services
Expanding Our Leadership Complementary Expertise and Strong Focus on Consulting & Advisory Services + E&I Climate Change, Energy & Sustainability Air Quality, Noise, Acoustics & Vibration Environmental Gross Revenues by Service Type Environmental Management, Water & Waste Management ~25% Due Diligen
Slide 15: Diversified Global Platform Poised for Growth
Expanding Our Leadership Diversified Global Platform Poised for Growth FY2021 Net Revenues(2) by Geography by Sector by Client Type Industry & APAC Canada Energy Transport. & 17% 17% Private Public 8% Infra. 45% 55% 45% WSP(1) Earth & Env. 24% EMEIA 31% Americas Property & 35% Buildings 23% Industry
Slide 16: Horizons at the Right Time
Expanding Our Leadership Expanding Our Horizons at the Right Time TIMING IS RIGHT VALUE CREATOR For the world to reprioritize climate change • >$10 trillion in global post COVID stimulus could be • Complementary market segments and pivotal for the world’s low-carbon transition clients with very few
Slide 17: High Potential for New Revenue Opportunities
Expanding Our Leadership High Potential for New Revenue Opportunities E&I: Clients want more : Elevating our accounts • Diversified client base that consists of long-tenured • Balanced client base with large public sector market leaders = great client relationships projects and infrastructure portfo
Slide 18: Accelerating Growth of Water Expertise
Expanding Our Leadership Accelerating Growth of Water Expertise : Strong Global Position Robust Market Tailwinds Water is at core of global megatrends reshaping the • #7 Global Water services provider(1) world with water scarcity, climate change, and regulatory pressures • ~C$700M gross revenue in 2
Slide 19: High Alignment with our 2022-2024 Global Strategic Action Plan
Expanding Our Leadership High Alignment with our 2022- 2024 Global Strategic Action Plan – US, Canada & UK 2022-2024 Global Strategic Action Plan E&I Geographies – Capitalize and drive growth in Canada, U.S. and UK Further scale our E&E business Increase access to Government and Federal clients 2022
Slide 20: Closing Remarks and Q&A
20 4 Closing Remarks and Q&A