Investor Presentaiton

Recent Quarterly Results ($ in thousands) Q4 2021 Q4 2020 Variance Contract Revenues $162,269 $170,176 (5%) Operating Income ($8,195) $5,052 (262%) Adjusted EBITDA $815 $12,651 (94%) Adjusted EBITDA Margin (%) 0.5% 7.4% (688 bps) Contract Revenues were down due to: Operating Income decreased due to: Lag effects from COVID-19 pandemic in the marine segment as well as impacts from Omicron variant in the latter part of the quarter Volume of work decline in marine business as a result of the COVID-19 pandemic Lag effect from COVID-19 pandemic which pressured project margins in concrete segment ORION 17

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