Stantec IncTSX: STN

2025 Sustainability Report Verification Statement

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‌INDEPENDENT LIMITED ASSURANCE STATEMENT To: The Interested Parties of Stantec Inc. Introduction and objectives of work

Apex Companies. LLC (Apex) has been engaged by Stantec Inc. (Stantec) to provide limited assurance of selected environmental, workforce and health and safety metrics included in Appendices A, B and C of its 2025 Sustainability Report and to provide assurance of specific indicators reported for conformance to their respective standards. This Assurance Statement applies to the Subject Matter included within the scope of work described below.

This information and its presentation in the 2025 Sustainability Report ('the Report') are the sole responsibility of the management of Stantec. Apex was not involved in the drafting of the Report. Our sole responsibility was to provide independent assurance on the accuracy of the Subject Matter.

Scope of work

The scope of our work was limited to assurance over the following information included within the Report for the period January 1, 2025 to December 31, 2025 (the 'Subject Matter'):

  • 2025 Workforce Metrics

    • Number and percentage of employees by employment type and contract, broken down by region and gender

    • Percentage of employees by employment category, broken down by region and gender

    • Percentage of employees by employment category and age

    • In US and Canada, percentage of employees by self-identified minority status, as well as share of management

    • Rate of voluntary and total turnover, broken down by region, gender, age, and self-identified minority status

    • Percentage of new employee hires and people who left, broken down by region and gender

    • Average hours of training per year per employee, broken down by employment category and gender

    • Percentage of employees receiving regular performance and career development reviews, broken down by employment category and gender

    • Base salary and base salary plus bonus ratio of females to males in each country of significant operations, broken down by employment category

    • Annual base compensation ratio and percentage increase for our highest-paid employee to the median, broken down by countries of significant operations

    • Annual total compensation and percentage increase for highest-paid employee to the median in each country of significant operations

  • 2025 Health and Safety Metrics

    • Total number of recordable injuries

    • Total recordable incident rate (TRIR)

    • Total number of lost time cases

    • Lost time incident rate (LTIR)

    • Near-miss (close call) incidents

    • Fatalities

    • Fatality Rate

    • Hours worked

      WATER • ENVIRONMENTAL • HEALTH & SAFETY • COMPLIANCE & ASSURANCE • INFRASTRUCTURE

      Apex Companies, LLC • (800) 733-2739 • https://www.apexcos.com

  • 2025 Sustainability Report

    • Select disclosures related to the GRI Standards - material issues of economic performance; procurement practices; anti-corruption and anti-competitive behaviors; materials; energy; water and effluents; biodiversity; waste; supplier environmental assessments; employment; labor/management relations; occupational health and safety; training and education; diversity and equal opportunity; freedom of association and collective bargaining; child labor; compulsory and forced labor; security personnel trained in human rights, customer health and safety; marketing and labeling; customer privacy; market presence; indirect economic impacts; tax; non-discrimination; forced or compulsory labor; rights of indigenous peoples; local communities; supplier social assessments; public policy; additional topics of energy and Greenhouse Gas (GHG) emissions (Scope 1 and 2); and general disclosures for Global Reporting Initiative (GRI 2 General Disclosure) in Stantec's 2025 Sustainability Report;

    • Select disclosures related to Sustainability Accounting Standards Board (SASB) Standards for the Engineering & Construction Services industry (version 2023-12);

    • Evaluation of the Subject Matter against the principle of Completeness as defined in the related GRI Sustainability Reporting Standards (version 2022-06); and

    • Evaluation of nature and extent of Stantec's adherence to the SASB Standards Application Guidance

      Our assurance does not extend to any other quantitative data included in the Report.

      Reporting Boundaries

      The following are the boundaries used by Stantec for reporting sustainability data:

  • Operational Control

  • Worldwide

Reporting Criteria

The Subject Matter needs to be read and understood together with the following as described in the Report:

  • GRI Standards

  • SASB Standards

    Limitations and Exclusions

    Excluded from the scope of our work is any verification of information relating to:

  • Activities outside the defined verification period;

  • Activities outside of Stantec Inc;

  • Positional statements (expressions of opinion, belief, aim or future intention by Stantec and statements of future commitment;

  • Individuals classified as contract labor (excluded from workforce data);

  • Individuals whose data is not managed in Stantec's human resources system, including new acquisitions (excluded from percentages in responses to GRI 2-7 and GRI 2-8).

    This limited assurance engagement relies on a risk-based selected sample of sustainability, workforce and health and safety data and the associated limitations that this entails. This independent statement should not be relied upon to detect all errors, omissions or misstatements that may exist.

    Responsibilities

    This preparation and presentation of the Subject Matter in the Report are the sole responsibility of the management of Stantec.

    Apex was not involved in the drafting of the Report or of the Reporting Criteria. Our responsibilities were to:

  • obtain limited assurance about whether the Subject Matter has been prepared in accordance with the Reporting Criteria;

  • form an independent conclusion based on the assurance procedures performed and evidence obtained; and

  • report our conclusions to the Interested Parties of Stantec.

    Assessment Standards
  • We performed our work in accordance with Apex's standard procedures and guidelines for external Assurance of Sustainability Reports and International Standard on Assurance Engagements (ISAE) 3000 Revised, Assurance Engagements Other than Audits or Reviews of Historical Financial Information (effective for assurance reports dated on or after Dec. 15, 2015), issued by the International Auditing and Assurance Standards Board. A materiality threshold of ±5-percent was set for the assurance process.

Summary of Work Performed

As part of our independent verification, our work included:

  1. Assessing the appropriateness of the Reporting Criteria for the Subject Matter;

  2. Conducting interviews with relevant personnel of Stantec;

  3. Reviewing the data collection and consolidation processes used to compile Subject Matter, including assessing assumptions made, and the data scope and reporting boundaries;

  4. Reviewing documentary evidence provided by Stantec;

  5. Agreeing a selection of the Subject Matter to the corresponding source documentation;

  6. Reviewing Stantec's systems for quantitative data aggregation and analysis;

  7. Assessing the disclosure and presentation of the Subject Matter to ensure consistency with assured information;

  8. Reperforming a selection of aggregation calculations of the Subject Matter;

  9. Reperforming greenhouse gas emissions conversions calculations; and

  10. Evaluating the design of internal systems, processes and controls to collect and report the Subject Matter.

    Conclusion

    On the basis of our methodology and the activities described above:

    • Nothing has come to our attention to indicate that the Subject Matter has not been properly prepared, in all material respects, in accordance with the Reporting Criteria; and

    • It is our opinion that Stantec has established appropriate systems for the collection, aggregation and analysis of quantitative data included in the scope of work.

    • A summary of the Subject Matter for 2025 is attached.

Statement of Independence, Integrity and Competence

Apex is an independent professional services company that specializes in Health, Safety, Social and Environmental management services including assurance with over 30 years history in providing these services.

Apex has implemented a Code of Ethics across the business to maintain high ethical standards among staff in their day-to-day business activities.

No member of the assurance team has a business relationship with Stantec, its Directors or Managers beyond that required of this assignment. We have conducted this verification independently, and there has been no conflict of interest.

The assurance team has extensive experience in conducting assurance over environmental, social, ethical and health and safety information, systems and processes, has over 20 years combined experience in this field and an excellent understanding of Apex's standard methodology for the verification of greenhouse gas emissions data.

Attestation:

Megan O'Neil, Lead Assuror Trevor Donaghu, Technical Reviewer

ESG Program Manager ESG Director

Apex Companies, LLC Apex Companies, LLC

Atlanta, Georgia Pleasant Hill, California

April 16, 2026

This independent limited assurance statement, including the opinion expressed herein, is provided to Stantec and is solely for the benefit of Stantec in accordance with the terms of our agreement. We consent to the release of this statement to the public or other organizations, but without accepting or assuming any responsibility or liability on our part to any other party who may have access to this statement.

‌Employee Numbers and Demographics

Employees

%

Female

%

Male

%

Total Company

33,791

100.0%

12,742

37.7%

21,049

62.3%

Full Time

30,548

90.4%

11,052

36.2%

19,496

63.8%

Part Time

3,243

9.6%

1,690

52.1%

1,553

47.9%

Permanent

31,913

94.4%

12,112

38.0%

19,801

62.0%

Temporary

1,878

5.6%

630

33.5%

1,248

66.5%

United States

13,098

38.8%

5,232

39.9%

7,866

60.1%

Canada

9,390

27.8%

3,625

38.6%

5,765

61.4%

United Kingdom

3,678

10.9%

1,339

36.4%

2,339

63.6%

Australia & New Zealand

2,660

7.9%

893

33.6%

1,767

66.4%

European Union

1,596

4.7%

593

37.2%

1,003

62.8%

India

1,540

4.6%

497

32.3%

1,043

67.7%

Latin America

956

2.8%

312

32.6%

644

67.4%

Middle East

603

1.8%

139

23.1%

464

76.9%

East Asia

270

0.8%

112

41.5%

158

58.5%

Does not include individuals classified as contract labor

Percentage of employees by employment category, broken down by age

Age: Under 30

Age: 30-50

Age: Over 50

Total

21.4%

54.0%

24.7%

Executives

0.0%

26.8%

73.2%

Senior Management

0.0%

33.6%

66.4%

Mid-Level Managers

0.5%

58.3%

41.2%

Professionals

19.3%

63.8%

16.8%

Entry Level

62.0%

29.9%

8.1%

Percentages exclude individuals whose data is not managed in Stantec's human resources system, including new acquisitions and contracted labor

Diversity of employees by employment category, broken down by region and gender

Total

Canada

United States

United Kingdom

European Union

Australia & New Zealand

India

Remaining Geographies

Female

Male

Female

Male

Female

Male

Female

Male

Female

Male

Female

Male

Female

Male

Female

Male

Total Company

38%

62%

39%

61%

40%

60%

36%

64%

37%

63%

34%

66%

32%

68%

31%

69%

Executives

24%

76%

19%

81%

29%

71%

29%

71%

0%

100%

0%

100%

100%

0%

0%

100%

Senior Managers

24%

76%

30%

70%

25%

75%

17%

83%

40%

60%

22%

78%

0%

100%

23%

77%

Mid-Level Managers

29%

71%

29%

71%

31%

69%

27%

73%

35%

65%

23%

77%

19%

81%

19%

81%

Professionals

41%

59%

41%

59%

45%

55%

44%

56%

45%

55%

42%

58%

23%

77%

27%

73%

Entry-Level

48%

52%

50%

50%

52%

48%

46%

54%

52%

48%

46%

54%

40%

60%

43%

57%

Percentages exclude individuals whose data is not managed in Stantec's human resources system, including new acquisitions and contracted labor

Self-identified Minority Status as a Percent of Workforce Self-identified Minority Status as a Percent of Workforce

United States Canada

Race/ethnicity

Share of Workforce

Share of Management

Asian/Pacific Islander

8.99%

6.95%

Black

2.60%

1.46%

Latino

8.50%

6.18%

Indigenous

0.27%

0.20%

Two or more

1.96%

1.54%

White

58.52%

65.92%

Choose Not to Answer

18.83%

17.75%

Self-Identified Response (Aboriginal)

Share of Workforce

Share of Management

Indigenous

1.9%

1.7%

Not Indigenous

77.1%

85.1%

Choose Not to Answer

21.0%

13.2%

Employee Turnover, By Percentage

Region

Total Employees

Female Employees

Male Employees

Age: Under 30

Age: 30-50

Age: Over 50

Self-identified Minority

Voluntary Turnover

Total Turnover

Total Company

11.0%

14.3%

10.1%

12.9%

11.5%

15.1%

16.4%

19.8%

10.7%

13.6%

8.3%

12.9%

9.3%

12.8%

Voluntary Turnover

Total Turnover

Canada

9.0%

12.0%

8.3%

10.7%

9.5%

12.8%

13.4%

16.4%

8.3%

10.8%

8.1%

12.3%

9.2%

9.8%

Voluntary Turnover

Total Turnover

United States

9.1%

12.0%

7.8%

10.5%

9.9%

13.0%

13.0%

15.4%

9.1%

11.7%

6.8%

10.6%

9.1%

12.7%

Voluntary Turnover

Total Turnover

United Kingdom

17.2%

19.1%

16.5%

18.2%

17.6%

19.7%

19.4%

21.3%

16.7%

18.2%

15.1%

18.4%

Not reported

Voluntary Turnover

Total Turnover

European Union

18.0%

25.7%

19.5%

28.6%

16.9%

24.0%

31.6%

46.2%

13.4%

17.6%

10.9%

19.3%

Not reported

Voluntary Turnover

Total Turnover

Australia & New Zealand

15.6%

21.9%

15.6%

19.9%

15.6%

22.9%

23.8%

31.2%

15.1%

20.5%

8.9%

16.8%

Not reported

Voluntary Turnover

Total Turnover

India

11.0%

12.9%

12.0%

14.9%

10.5%

11.7%

16.3%

17.4%

7.7%

9.7%

9.6%

14.4%

Not reported

Voluntary Turnover

Total Turnover

Remaining

Geographies

11.3%

17.5%

10.1%

14.7%

11.7%

18.7%

14.5%

21.5%

11.7%

16.7%

6.7%

16.6%

Not reported



Data Table Page 1 of 2

New Hires

Region

Total Employees

Female Employees

Male Employees

New Hires

People Who Left

Total Company

100.0%

100.0%

36.9%

34.1%

63.0%

65.9%

New Hires

People Who Left

Canada

24.0%

24.6%

39.8%

34.8%

60.2%

65.2%

New Hires

People Who Left

United States

23.7%

31.9%

39.8%

34.6%

60.2%

65.4%

New Hires

People Who Left

United Kingdom

15.0%

15.8%

38.0%

34.6%

62.0%

65.4%

New Hires

People Who Left

European Union

2.9%

3.6%

51.0%

48.0%

48.0%

52.0%

New Hires

People Who Left

Australia & New Zealand

8.5%

13.4%

37.3%

30.8%

63.0%

69.2%

New Hires

People Who Left

India

11.4%

4.1%

30.0%

38.1%

70.0%

61.9%

New Hires

People Who Left

Remaining

Geographies

14.5%

6.6%

28.2%

26.0%

71.8%

74.0%

Employment Category

Percentage of Employees Receiving Regular Performance and Career Development Reviews

Total

Female

Male

Total Company

89%

90%

89%

Executive Level

92%

95%

91%

Senior Level

86%

87%

85%

Middle Level

89%

90%

89%

Professional Level

90%

91%

89%

Entry Level

90%

91%

90%

Training Reviews

Employment Category

Average Hours of Training per Year per Employee

Total

Female

Male

Total Company

29.4%

27.9%

30.2%

Executive Level

1.5%

3.8%

0.8%

Senior Level

6.4%

8.9%

5.7%

Middle Level

19.0%

20.4%

18.5%

Professional Level

28.4%

27.2%

29.2%

Entry Level

49.1%

36.9%

60.2%

Ratios of Salary and Remuneration (Female:Male) Work-Related Injuries

Numbers and rates of recordable and lost time work-related injuries, as well as near miss (close call) incidents. Does not include individuals classified as contract labor.

Total number of recordable injuries

87

Total recordable incident rate (TRIR)

0.33

Total number of lost time cases

32

Lost time incident rate (LTIR)

0.12

Near miss (close call) incidents

1,308

Fatalities

0

Hours worked

52,716,360

Employment Category

Total

Canada

United States

United Kingdom

Australia

New Zealand

India

Base F:M - Total

Base + Bonus F:M -Total

Base F:M -Total

Base + Bonus F:M - Total

Base F:M -Total

Base + Bonus F:M - Total

Base F:M - Total

Base + Bonus F:M -Total

Base F:M - Total

Base + Bonus F:M - Total

Base F:M -Total

Base + Bonus F:M Total

Base F:M - Total

Base + Bonus F:M Total

Total Company

0.85

0.84

0.84

0.83

0.83

0.82

0.80

0.80

0.79

0.78

0.81

0.80

0.69

0.69

Executives

1.05

1.03

0.85

0.78

1.07

1.04

1.82

2.61

N/A

N/A

N/A

N/A

N/A

N/A

Senior Managers

0.93

0.94

0.95

0.97

0.93

0.93

0.93

0.93

0.97

1.00

0.88

0.87

N/A

N/A

Mid-Level Managers

0.92

0.92

0.91

0.91

0.90

0.90

0.87

0.88

0.89

0.89

0.96

0.97

0.76

0.75

Professionals

1.00

1.00

0.94

0.94

0.95

0.95

0.93

0.93

0.92

0.92

0.90

0.90

0.92

0.92

Entry-Level

1.04

1.03

0.97

0.96

0.96

0.95

0.99

0.99

1.00

1.00

1.01

1.01

0.79

0.79

Annual Base Compensation Ratio and Net Increase (ratio and percent increase for annual base compensation for highest-paid employee to the median)

Country

Ratio

Percent Increase

Total Company

15.3

0.88%

Canada

17.5

1.26%

United States

5.8

5.44%

United Kingdom

9.7

-0.80%

Australia

4.1

1.03%

New Zealand

3.0

2.79%

India

15.1

0.29%

Data Table Page 2 of 2

Annual Total Compensation Ratio and Increase (ratio and percent increase for annual total compensation for highest-paid employee to the median)

Country

Ratio

Percent Increase

Total Company

42.6

1.98%

Canada

49.1

2.89%

United States

9.7

1.36%

United Kingdom

19.3

-1.06%

Australia

4.9

0.81%

New Zealand

3.3

-0.35%

India

17.8

1.33%