FY2023 Separation Roadmap

Cost Optimization Plan FY2023 23 FY2024E-FY2025E As- Reported Adjusted to Exclude Elimination of Transitional Net Operating Overhead Costs Results CMS/C&I Model Efficiencies Operating Leverage 10.8% +150bps 12.3% 12.8% +150bps + Further Upside from Additional Operating Leverage 13.8%+ ■ Commentary At least 300bps of margin improvement in FY24 & FY25 Commitment to long- term sustained margin improvement for Standalone Jacobs post separation Combination of mix, operating leverage, ongoing productivity Digitization of work processes + global delivery model ☐ Goal is to reach peer level margins over time OJacobs 2024

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