Organizational Transformation and Financial Outlook
11
Agile
Focused, disciplined and agile capital allocation
Discipline
Focus
Organic Profitable Growth Strategy
Lines of Business aligned to long-term strategy
Investment in higher margin businesses
Disciplined cost management
Proactive, ongoing portfolio evaluation
Value-Creating M&A
Acquisition targets aligned with ATN and BIAF strategy
Accelerating growth in government services, digital solutions and select regions
IRR to exceed risk adjusted double-digit hurdle rate
Year one adjusted EPS accretion with expectation for margin enhancement
Disciplined integration planning, execution and tracking are critical
Targeting
Continued
Superior
Shareholder
Return
Return of Capital Track Record and Philosophy
.
$750M share repurchase - 2014 to 2018 ($46 average price)
•
$238M share repurchase - December 2018 to February 2019 ($61 average price)
Announced $250M ASR as part of recent $1B additional share authorization
Dividend to grow with earnings; demonstrating confidence in FCF generation
JACOBS
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