Granite's Evolution

ESG -$1B GREEN BONDS USE OF NET PROCEEDS (AS AT DEC 31, 2021¹) ១ 2027 Debentures Location 2028 Debentures Eligible Green Certification Date Allocation Location Eligible Green Certification Date Allocation LEED Lancaster, TX, USA LEED Silver Q1-19 $106.1 Fort Worth, TX, USA Two Green Globes² Q3-222 $20.9 BREEAM Weert, NED BREEAM "Excellent" Q2-20 31.9 Murfreesboro, TN, USA Two Green Globes² Q4-222 35.1 Plainfield, IN, USA Two Green Globes Q2-20 34.1 Lebanon, TN, USA Two Green Globes² Q1-232 11.6 BREEAM Ede, NED BREEAM "Very Good" Q3-20 21.4 Mississauga, ON, Canada Two Green Globes² Q3-222 9.2 BREEAM ****** Tilburg, NED BREEAM "Excellent" Q3-20 83.8 BREEAM Bleiswijk, NED BREEAM "Very Good" Q3-20 66.2 LEED Antioch, IL, USA LEED Silver Q3-21 56.5 Altbach, GER DGNB DGNB Gold² Q2-222 39.7 Houston, TX, USA Two Green Globes² Q2-232 45.0 Fort Worth, TX, USA Two Green Globes² Q3-222 10.6 > 15% improvement Other LED lighting projects in energy efficiency Various Total Net Proceeds Allocated % of Net Proceeds Allocated 1.6 $496.9 100% Total Net Proceeds Allocated % of Net Proceeds Allocated $76.8 15.4% Granite has allocated $573.7M (58%) of Green Bond net proceeds to Eligible Green Investments 1 Granite has committed to providing annual updates on green bond allocation. 2 Development is in progress, the green certification is being pursued and certification is expected by the date herein. March 2022 6

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