Slide 1: Aecon Group Inc. (TSX:ARE) Investor Presentation – July 2017
Photo to be added AECON GROUP INC. (TSX:ARE) INVESTOR PRESENTATION – JULY 2017
Slide 2: Forward-Looking Information
Forward-Looking Information 1
Slide 3: We ARE Diverse
We ARE Diverse INFRASTRUCTURE ENERGY 33%* 45%* Rail & Transit Roads, Bridges and Tunnels Hydroelectric Water Treatment Utilities Programs Airports Oil Development Gas Pipelines & Stations Power Generation Fabrication and Modules Nuclear/Power Generation 4A% a)... Th 34% Major Projects 37% Social Inf
Slide 4: Q2 2017 Financial Results – Like for Like
Q2 2017 Financial Results – Like for Like 3
Slide 5: Q2 2017 Financial Results - Reported
Q2 2017 Financial Results - Reported 4
Slide 6: Q2 2017 and Q2 2017 TTM Reconciliation
Q2 2017 and Q2 2017 TTM Reconciliation ▪ 5
Slide 7: Revenue and Adj. EBITDA Margin by Segment
Revenue and Adj. EBITDA Margin by Segment 6
Slide 8: Strong Backlog with Diversified Profile
Strong Backlog with Diversified Profile 7
Slide 9: Recurring Revenue Poised to Grow
Recurring Revenue Poised to Grow ^ 8
Slide 10: Unprecedented Infrastructure Investment
Unprecedented Infrastructure Investment 9
Slide 11: Infrastructure Outlook
Infrastructure Outlook ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ 10
Slide 12: Diverse Energy Market Opportunities
Diverse Energy Market Opportunities 11
Slide 13: Energy Outlook
Energy Outlook Nuclear Refurbishment Utilities - Gas and Telecommunications Oil Related Activity Coal Replacement and Renewables Electrical Oil & Gas Distribution ACCON wa mh FP = $1.375BN Darlington Nuclear Refurbishment Project provides long term consistency = Bruce Power nuclear refurbishment pro
Slide 14: Growth and Recovery in Contract Mining
Growth and Recovery in Contract Mining Source: Canadian Association of Petroleum Producers, June 2017 Sources: Factset, July 2017 13
Slide 15: Mining Outlook
Mining Outlook Oil Sands Contract Mining Outlook Strong Oil sands production and reclamation work increased in the first half of 2017 following 2016 Alberta wildfires = Growth anticipated from increased throughput and new site coming online in late 2017 Commodity = Exploring numerous mine site insta
Slide 16: Concessions Outlook
Concessions Outlook ▪ ▪ ▪ ▪ ▪ ▪ ▪ 15
Slide 17: Strong Balance Sheet and Capital Structure
Strong Balance Sheet and Capital Structure 16
Slide 18: Strong Cash Position
Strong Cash Position FREE CASH FLOW (SMI) KEY DRIVERS FOR FREE CASH FLOW MOMENTUM 022017 022016 Cash interest expense decreased following TIM TIM repayment of convertible debentures in October Adjusted EBITDA 164.6 167.0 2015 and reduction in required credit facility draw during peak season given hi
Slide 19: Capital Markets Overview
Capital Markets Overview ARE.TSX STATISTICS Price as of July 26, 2017 $15.16 Shares Outstanding 58.7 Million Avg. Daily Volume (3 months — TSX & ATS) 400,000 ($6.3 Million) Dividend Yield 3.3%* Market Capitalization ~$890 Million 52 Week Low/ High $13.07 / $19.19 ANNUAL DIVIDEND HISTORY so.4g $0.50
Slide 20: Contact
A@CVCON STEPHEN KING Director, Corporate Development & Investor Relations 416.297.2600 x3825 | sking@aecon.com AECON PACIFIC HEADQUARTERS AECON WEST HEADQUARTERS AECON EAST HEADQUARTERS 1055 Dunsmuir Street, Suite 2124 110-9th Avenue SW, Suite 300 20 Carlson Court, Suite 800 Vancouver, BC V7X 1G4 Ca