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Investor Presentaiton

2023 Targets Reflect Solid Momentum and Good Visibility $412M 2020 Revenue $477M 2021 $641M 2022 $790-$810M 2023E ~98% of expected 2023 revenues currently in backlog 1) Non-IFRS measure providing high visibility Adjusted EBITDA (ex. non-recurring) (1,2) $141M $112M $85M Adj. EBITDA Margin 20.7% Adj. EBITDA Margin 23.5% 2020 2021 IMDA $165-$170M Adj. EBITDA Margin 22.0% Adj. EBITDA Margin -20%-21% 2022 2023E Solid and stable adjusted EBITDA margin driven by strong program execution and disciplined cost control 2) Non-recurring items comprised of Canada Emergency Wage Subsidy (CEWS) income received in 2020/2021 and historical Investment Tax Credit (ITC) settlement income recognized in 2022 13
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