STANTEC INC

Stantec Inc. has executed Amending Agreement No. 3 to its Credit Agreement, significantly extending the maturity dates for its credit facilities. The Revolving Credit Maturity Date is now June 18, 2031, while the Term Credit (Tranche B) and (Tranche C) Maturity Dates have been extended to June 18, 2029, and June 18, 2031, respectively. The company also amended its Interest Coverage Ratio covenant, lowering the minimum requirement from 3.00 to 2.75, providing greater financial flexibility.

Stantec announced it will release its second quarter 2026 financial results after market close on Wednesday, August 12, 2026. A webcast and conference call will be held on Thursday, August 13, 2026, at 7:00 AM Mountain Time (9:00 AM Eastern Time) to discuss the company's performance. The call will be hosted by President and CEO Gord Johnston and Executive Vice President and CFO Vito Culmone.

Stantec announced it will release its second quarter 2026 financial results after markets close on Wednesday, August 12, 2026. A webcast and conference call to discuss the company's performance will be held on Thursday, August 13, 2026, at 7:00 AM Mountain Time (9:00 AM Eastern Time). President and CEO Gord Johnston and EVP and CFO Vito Culmone will host the call, with pre-registration recommended for Q&A participation.

Stantec Inc. announced a leadership transition with President and CEO Gordon A. Johnston set to retire on October 1, 2026, after eight-and-a-half years. Susan Reisbord, currently Chief Operating Officer of the North America business, has been appointed as his successor, effective the same date. This planned succession reflects the company's focus on continuity and stability.

Stantec announced that Gord Johnston will retire as President and Chief Executive Officer, effective October 1, 2026. He will remain on the Board, taking on the role of Vice Chair. Susan Reisbord, currently Chief Operating Officer of the North America business, has been appointed as the next President and Chief Executive Officer, also effective October 1. This leadership transition is part of a long-standing, Board-led succession plan, emphasizing continuity and stability.

Stantec announced that Gord Johnston will retire as President and Chief Executive Officer, effective October 1, 2026. Susan Reisbord, currently Chief Operating Officer of the North America business, has been appointed as the new President and CEO. Mr. Johnston will remain on the Board, taking on the role of vice chair, as part of a long-standing, Board-led succession plan. The company expressed confidence in Ms. Reisbord's leadership to drive future growth.

Stantec, in a joint venture with Jacobs, has been selected to deliver Greater Western Water's five-year Infrastructure Planning and Delivery Program in Melbourne, Australia. This initiative will provide critical water and sewer infrastructure to support the rapidly growing western region, addressing population growth and climate change challenges. The joint venture will offer comprehensive engineering and advisory services, including designs for water and wastewater systems, treatment plants, and dams, while also fostering social procurement and local employment.

Stantec, in a joint venture with Jacobs, has been selected by Greater Western Water (GWW) for a five-year Infrastructure Planning and Delivery Program in Melbourne, Australia. This initiative aims to plan, design, and deliver critical water and sewer infrastructure to support the rapidly growing western region of Melbourne, where the population is projected to more than double by 2050. The joint venture will provide comprehensive engineering and advisory services, including design for water and wastewater systems, treatment plants, and dams, to ensure sustainable and resilient water services. The program also includes social procurement and employment initiatives, further strengthening Stantec's global water infrastructure portfolio.

Stantec Inc. held its Annual General Meeting of Shareholders on May 14, 2026, with 73.12% of outstanding common shares represented. Shareholders approved all management recommendations, including the election of nine directors, the reappointment of PricewaterhouseCoopers LLP as auditor, and the non-binding advisory vote on executive compensation. All proposals passed with strong shareholder support.

Stantec Inc. held its annual meeting of shareholders on May 14, 2026, with 73.12% of outstanding common shares represented. Shareholders elected all nine director nominees and reappointed PricewaterhouseCoopers LLP as the company's auditor for 2026. Additionally, the company's approach to executive compensation was accepted through a non-binding advisory vote.