Organizational Transformation and Financial Outlook

Resilient business yielding good returns with low capital intensity • Long term stability with strong pipeline for growth Foundation of recurring revenue work Risk balanced portfolio • Cost Reimbursable: 87% (~92%) with a core of long-cycle enterprise contracts (~75%) • Fixed Price Services: 11% • Fixed Price EPCM / DB: 2% Government funding from mission critical, non-cyclical programs: 90% of our portfolio. • Excellent write-off history Market Opportunities • Large, fragmented Government Services market • • Expanded government spending 22 22 Solid Cash Flow Dynamics. Market leading DSO

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