Climate and Infrastructure Business Opportunities slide image

Climate and Infrastructure Business Opportunities

Operating cash flow, 2017 - 2022 $M Dividends ■Debt Repayment + Other ■Share Repurchase CAPEX $173.1 $10.5 $120.0 $140.0 $117.2 $110.2 $91.4 $113.5 $10.6 $70.2 $74.7 $10.5 $7.9 $62.5 $31.9 $30.0 $20.5 $27.7 $11.3 $29.7 $17.2 $19.3 $25.5 $28.5 $19.4 $19.9 2017 2018 2019 2020 2021 2022 GUIDANCE* Net Debt $194.4 $188.7 $159.0 $301.9 $415.3 EBITDA $111.0 $119.5 $129.6 $122.9 $142.9 Net Debt/ 1.75x 1.58x 1.23x 2.46x 2.91x EBITDA VICE 2020 included ~$50M of accelerated collections and deferral of $20M of employer social security tax liabilities to 2021/2022 under the CARES Act *Based on Q3 2022 financials released on November 3, 2022 28
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