FY2023 Separation Roadmap

Challenging today. Jacobs Reinventing tomorrow. Q1 FY 2024 Results ☐ Q1 adjusted net revenue increased 7% y/y ☐ Q1 adjusted OP¹ down 3.1% y/y ☐ ☐ Q1 P&PS adj. net revenue up 8.4% y/y Q1 revenue backlog $29.6B, up 5% y/y with gross margin in backlog up 29 bps y/y PA Consulting, 9% Divergent Solutions, 6% Q1 2024 Segment Adj. Net Revenue Cash Flow Generation and Capital Return Q1 cash flow from operations of $418M, up 38% y/y Q1 FCF of $401M, up 48% y/y Critical Mission Solutions, 34% ☐ Q1 share repurchases of $100M Q1 2024 Increased quarterly dividend in January to $0.29, up 11.5% y/y Segment Operating Profit PA Consulting, 14% Adj. Net Revenue ($ in Billions) $3.3 $3.1 Operating Cash Flow ($ in Millions) Backlog ($ in Billions) Divergent $418.4 $28.3 $29.6 Solutions, 2% $302.3 Q1 2023 Q1 2024 Q1 2023 Q1 2024 Q1 2023 17 Note: See Use of Non-GAAP financial measures and operating metrics at the end of this presentation. 1 Excluding one-time inventory write down, adjusted operating profit would have increased versus the prior year period Q1 2024 Critical Mission Solutions, 25% People & Places Solutions, 50% People & Places Solutions, 59% OJacobs 2024

View entire presentation