#1MATRIX SERVICE COMPANY Move to a higher standard™ Investor Presentation March 2013#2Safe Harbor Statement This presentation contains certain forward-looking statements concerning Matrix Service Company's operations, economic performance and management's best judgment as to what may occur in the future. The actual results for the current and future periods and other corporate developments will depend upon a number of economic, competitive and other influences, many of which are beyond the control of the Company, and any one of which, or a combination of which, could materially affect the results of the Company's operations. Such forward-looking statements are subject to a number of risks and uncertainties as identified in the Company's Annual Report on Form 10-K for the year ended June 30, 2012.#3Business Profile • Matrix Service Company is an industrial service contractor providing engineering, fabrication, construction & maintenance services • Founded in 1984, we serve a diverse client base within energy & industrial markets across North America . Headquartered in Tulsa, OK, Matrix Service Company has regional offices throughout North Americal Total employment varies between 2,500 and 4,500 people across merit and union subsidiaries We are publicly traded on the NASDAQ Global Market System under ticker 'MTRX' and are part of the S&P SmallCap 600 • Market capitalization of $409 million as of February 28, 2013 3 March 2013 Matrix Service Company Profile MATRIX SERVICE COMPANY#4Core Values Commitment to safety • Provide a safe and healthy work environment through effective leadership, training, planning and execution while striving for a "0" incident workplace Integrity • Do the right things every time, ethically and honestly Relationships • Embrace respect for the individual, promote teamwork, open communication and win-win relationships Stewardship Provide sound project execution and cost-effective solutions while operating in an environmentally responsible manner Community involvement • Support the communities where we operate Deliver the best • Dedicated to doing the best at everything we do while expanding our capabilities 4 March 2013 Core Values MATRIX SERVICE COMPANY#5Safety Statistics Total Recordable Incident Rate 2010 2011 2012 Matrix Service Company 0.49 0.78 0.67 0.79 0.99 International Association of Oil & Gas Producers, Construction Index Company safety statistics are well-below industry averages 5 Note: Calendar year-end statistics March 2013 Matrix Service Company Safety Statistics 1.13 MATRIX SERVICE COMPANY#6Office Locations 6 March 2013 Office Locations Corporate HQ Matrix Service Matrix SME Matrix PDM MATRIX SERVICE COMPANY#7Operating Segments Electrical Infrastructure Oil, Gas, & Chemical Storage Solutions Industrial • Each Industry Sector Includes Capital Projects as well as Maintenance Power Generation Transmission & Distribution Refinery Turnaround . & Maintenance • Plant Services . • Substations Electrical & • Instrumentation Storm Restoration . Shale Energy Plays Chemical Plants Industrial Cleaning Aboveground Storage Tanks (EPC) Tank Terminals • Spheres & Specialty Vessels LNG & Cryogenic Tanks • Mining & Minerals • Material Handling • • C, EP, & EPC Environmental Industrial Projects C & EPC March 2013 Operating Segments MATRIX SERVICE COMPANY#8Electrical Infrastructure Strategic Focus - - ― Current business is focused on major population centers in the Northeast US Strategic focus of gaining additional market share in the Northeast and expanding operations to Midwest states Current reputation as top tier electrical contractor with excellent service offering • Representative Clients. - PPL Electric (Pennsylvania) - PSEG (New Jersey) - PECO (Philadelphia) - Unitil (Maine, Massachusetts, New Hampshire) Iberdrola (New York, Maine) 8 March 2013 Electrical Infrastructure Segment MATRIX SERVICE COMPANY#99 March 2013 Greenfield Substation Project for PPL - Harrisburg, Pennsylvania MATRIX SERVICE COMPANY#10Oil, Gas & Chemical Strategic Focus - - Operations located in Western and Gulf Coast states in close proximity to major refining and petrochemical centers Focused on growing recurring maintenance model and supplementing with value-added services Build-out of regional operations hubs for industrial cleaning business unit Representative Clients - BP - Chevron ― - Valero Shell Motiva HollyFrontier 10 March 2013 Oil, Gas & Chemical Segment MATRIX SERVICE COMPANY#1111 March 2013 Construction of Air Cooler Structure for Frontier Refinery - Cheyenne, Wyoming RSC MATRIX SERVICE COMPANY#12Storage Solutions Strategic Focus - Leading aboveground storage provider in North America with full EPC capability Constructed majority of tankage currently in use in Cushing, Oklahoma the "Pipeline Crossroads of the World" Experiencing significant growth outside Oklahoma, including Western Canada Significant growth opportunities related to rewiring of North American oil delivery logistics North American Expanded Service Areas - Canada: Alberta, New Brunswick - US: Texas, Oklahoma, Louisiana, Wisconsin, North & South Dakota, California, Illinois Representative Clients Enbridge Magellan Midstream Plains All American TransCanada Canadian Natural Resources, Ltd. 12 March 2013 Storage Solutions Segment MAXIM GROVE MATRIX SERVICE COMPANY#1313 March 2013 Tanks Under Construction for Enbridge Terminal Expansion - Cushing, Oklahoma MATRIX SERVICE COMPANY#14Industrial • Strategic Focus - - Segment consists of businesses servicing non-energy related industries Established an engineering company focused on complex material handling systems in 2011 Mining & Minerals business unit established in 2012, focused on site and equipment maintenance opportunities Miscellaneous C & EPC for industrial clients Representative Clients - Lockheed Martin - - - Kennecott / Rio Tinto Freeport-McMoRan Orascom 14 March 2013 Industrial Segment MATRIX SERVICE COMPANY#1515 March 2013 Coal Barge Unloading System Engineered for Dominion - Chesapeake, Virginia MATRIX SERVICE COMPANY#16Financial Overview Revenue and EPS Backlog $1,000.0 $1.40 $700.0 $900.0 $840-890 $605.1 $1.16 $1.20 $600.0 $800.0 $739.0 $689.7 $0.83 0.98 $497.5 $700.0 $627.1 $1.00 $550.8 $500.0 $600.0 $0.71 $0.80 $392.1 $405.1 $400.0 $353.2 $500.0 $0.65 $400.0 $0.60 $300.0 $300.0 $0.40 $200.0 $200.0 $0.20 $100.0 $0.18 $100.0 $- $- FY2009 FY2010 FY2011 FY2012 FY13 Guidance $- FY2009 FY2010 FY2011 FY2012 2Q FY13 New Awards Historical Liquidity $350.0 $160.0 $146.5 $291.9 $135.3 $300.0 $140.0 $126.9 $246.8 $120.0 $250.0 $227.4 $102.3 $102.2 $207.9 $205.3 $190.8 $100.0 $59.4 $200.0 $106.8 $34.6 $102.1 $80.0 $50.9 $150.0 $60.0 $100.0 $40.0 $67.7 $67.5 $50.0 $51.3 $20.0 $39.7 $33.2 $- $- 1Q FY12 2Q FY12 3Q FY12 4Q FY12 1Q FY13 2Q FY13 FY2009 FY2010 FY2011 FY2012 2Q FY13 ■Cash ■Revolver Availability 16 March 2013 Except per share data, figures in millions. All figures in US dollars. MATRIX SERVICE COMPANY#17Financial Overview - Operating Segments Segment Revenue - FY2012 Segment Revenue - 1H FY 2013 $378.2 $20.0 $135.1 $205.8 $201.9 $12.0 $83.4 $133.7 Electrical Infrastructure Oil, Gas & Chemical Storage Solutions Industrial Electrical Infrastructure Oil, Gas & Chemical Storage Solutions Industrial Segment Backlog - FY2012 Segment Backlog - 1H FY 2013 $15.3 $127.7 $34.5 $118.0 $236.6 $117.9 $337.1 $115.5 Electrical Infrastructure Oil, Gas & Chemical Storage Solutions Industrial Electrical Infrastructure ■Oil, Gas & Chemical Storage Solutions Industrial 17 March 2013 Except per share data, figures in millions. All figures in US dollars. MATRIX SERVICE COMPANY#18Five-Year Strategy • Continue to make safety our number one priority • Leverage and expand our core competencies and markets • Create a broader North American footprint • Maintain a balanced risk portfolio • Continue to build our business organically through the addition of key leadership • • Engage in an active and focused acquisition program • Continuous improvement of back office operating systems and processes • Achieve average annual revenue growth of 12% to 15% 18 March 2013 Five-Year Strategy MATRIX SERVICE COMPANY#19Investment Highlights Attractive end-market dynamics • Electrical infrastructure (generation, transmission and distribution) spend in the US averaged $62.9 billion per year from 2001 to 2010 with a cumulative investment spending need estimated at more than $2.5 trilliona by 2040 • North American refinery and petrochemical maintenance spending will reach ~$7.9 billion and $5.6 billion per year by 2020, respectively • Storage demand driven in North America by new upstream resource discoveries, distribution bottlenecks, blending needs, export opportunities, etc - Storage opportunities includes crude oil, LNG, natural gas by-products, petrochemicals, etc. Significant expenditures expected in diverse industrial markets throughout North America including maintenance of existing industrial complex • Routine maintenance needs continue to grow worldwide with over 2,100 major active mining projects with a total installed value in excess of $875 billionc a) b) c) American Society of Civil Engineers PFC Energy Industrial Info Resources mining database 19 March 2013 Investment Highlights MATRIX SERVICE COMPANY#20Investment Highlights Matrix Service Company Capabilities · . • Strong, embedded safety culture throughout the organization - Successful and growing electrical business – transmission, distribution, maintenance and storm response capabilities - located in Northeast US near major population centers - Nearly 60% of Canada's population and 40% of the United States' population lives within 750 miles (1,200 km) of our electrical infrastructure segment's main offices Long track record of successful maintenance and turn-around projects in the refining and petrochemical markets • Market leader in North America in aboveground storage tank design, fabrication, construction and maintenance • • - Constructed in excess of 135mm/bbl of crude storage from 1999 through 2011 Entrepreneurial mindset with several start-up businesses within Matrix - Mining & minerals business currently bidding and winning work in the Western and Mountain West states Continual development and growth of our full EPC capability (1) American Society of Civil Engineers (2) PFC Energy 20 March 2013 Investment Highlights MATRIX SERVICE COMPANY#21MATRIX SERVICE COMPANY Move to a higher standard™ Investor Relations Contact Kevin Cavanah Vice President and CFO 918-838-8822 [email protected] investors.matrixservicecompany.com