Slide 1: Investor Presentation Q2 2026
Investor Presentation Q2 2026
Slide 2: Cautionary statement
Cautionary statement This presentation contains non-IFRS and other financial measures and forward-looking statements, including a discussion of our business targets, expectations, and outlook. INVESTOR PRESENTATION We caution readers not to place undue reliance on our forward- looking statements sin
Slide 3: Global leader in sustainable engineering, design, and environmental services
25% 23% Global leader in sustainable Global Canada engineering, design, and environmental services Q2 2026 TTM Net Revenue by Reportable Segment INVESTOR PRESENTATION TSX / NYSE Locations Employees3 STN 450+ 34,000+ Locations 52% United States Net Revenue1 EV2 Market Cap2 $6.8B C$13.3B C$11.0B US$9.
Slide 4: Stantec's value proposition
Stantec’s value proposition • Diverse business lines and customers INVESTOR PRESENTATION • Well-positioned for organic growth • Global leader in sustainability • Strong culture & technical expertise • Disciplined capital allocation strategy Loyola Dr. Interchange Design Build Project 4 Kenner, LA, U
Slide 5: Execution of our strategy drives strong results
Execution of our strategy drives strong results Net Revenue Adjusted EBITDA Adjusted EPS ($ millions) & Margin ($ per share) ($ millions & %) INVESTOR PRESENTATION 18.0% $6,820 17.6% $5.72 $1,227 $6,495 $5.30 $1,144 $5,867 16.7% $980 $4.42 $5,066 16.4% $831 $3.67 2023 2024 2025 Q2 2026 2023 2024 202
Slide 6: Business Operating Units overview
Q2 2026 TTM Business Operating Units overview net revenue of $6.8 billion INVESTOR PRESENTATION Water Environmental Infrastructure Buildings Energy & Resources Services $1.5B 21% $1.1B 17% $1.7B 25% $1.8B 26% $0.7B 11% 6
Slide 7: Water
$1.5B Q2 2026 TTM Net Revenue Q2 2026 TTM Net Revenue Water Resources Wastewater Treatment Conveyance By sector INVESTOR PRESENTATION Water Treatment Wet Weather Flow & Urban Stormwater Stantec is recognized as a global leader in Industrial Water the Water business, with over 70 years Client Enterpr
Slide 8: Environmental Services
$1.1B Q2 2026 TTM Net Revenue Q2 2026 TTM Net Revenue Buildings Power & Dams Water By sector INVESTOR PRESENTATION Oil & Gas Mining Environmental Services helps preserve Community Development and minimize impacts to environmental, Transportation social and cultural resources • Environmental Services
Slide 9: Infrastructure
$1.7B Q2 2026 TTM Net Revenue Q2 2026 TTM Net Revenue Roadways Land Development Bridges & Structures By sector INVESTOR PRESENTATION Transit & Rail Urban Places & Parks Infrastructure is a leader in transport and Open Spaces Ports & Marines system design and community development • Stantec’s Infrast
Slide 10: Buildings
$1.8B Q2 2026 TTM Net Revenue Q2 2026 TTM Net Revenue Commercial Civic Healthcare By sector Industrial Buildings INVESTOR PRESENTATION Mission Critical Facilities Education/Institutional Buildings ranked #1 in Architecture and Workplace/Office & Science & Engineering for the last 14 years1 Technolog
Slide 11: Energy & Resources
$0.7B Q2 2026 TTM Net Revenue Q2 2026 TTM Net Revenue Power & Energy By sector Mining INVESTOR PRESENTATION Waterpower & Dams Oil & Gas Energy & Resources plays a critical role in energy transition • Stantec’s Energy & Resources group delivers utility-scale and microgrid renewable energy generation
Slide 12: Backlog
Backlog $billions, unless otherwise stated $9.2 $7.9 $1.9 Year-Over-Year: INVESTOR PRESENTATION $1.5 7.0% Organic Growth $5.5 7.8% $4.6 Acquisition growth 17.5% $1.8 $1.8 Global United States Q2 2025 Q2 2026 Canada University of Manitoba – Stanley Pauley Engineering Building 12 Manitoba, Canada
Slide 13: 2026 Financial targets
2026 Financial targets 2026 Annual Revised Range targets INVESTOR PRESENTATION Net revenue growth 8.5% to 11.5% – Adjusted EBITDA as % of net revenue1 17.6% to 18.2% 17.8% to 18.3% Adjusted net income as % of net revenue1 at or above 9.5% – Adjusted EPS growth1 15% to 18% – Adjusted ROIC1 above 13%
Slide 14: Three-year Financial Targets
Three-year Financial Targets Stantec’s Targets (End Of 2026) INVESTOR PRESENTATION 2026 Net revenue $7.5 billion Focus on execution and efficiencies Organic net revenue 3-Year CAGR1 above 7% will drive margin enhancement Project margin as % of net revenue1 53% to 56% Providing strong return economic