FY2023 Separation Roadmap

38 38 Reconciliation of Adjusted EBITDA (in thousands) December 29, 2023 Three Months Ended December 30, 2022 Twelve Months Ended September 29, 2023 Adj Net earnings from Continuing Operations Adj. Income Tax Expense for Continuing Operations 255,886 $ 200,974 $ 915,891 12,011 72,642 274,490 Adj. Net earnings from Continuing Operations attributable to Jacobs before income taxes 267,897 273,616 1,190,381 Depreciation expense 25,169 27,979 103,346 Interest income (8,233) (3,007) (26,013) Interest expense 43,352 40,077 168,108 Adjusted EBITDA 328,185 338,665 1,435,822 Depreciation expense (25,169) (27,979) (103,346) Adjusted Noncontrolling Interests from Continuing Operations 15,675 17,641 80,202 Adjusted miscellaneous expense 3,195 3,883 19,841 Adjusted Operating Profit 321,886 $ 332,211 $ 1,432,520

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