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Introduction to WSP August 2020 Cautionary Statement and Non-IFRS measures CAUTIONARY STATEMENT Certain information regarding WSP contained herein may constitute forward-looking statements. Forward-looking statements may include

  1. Introduction to WSP August 2020

  2. Cautionary Statement and Non-IFRS measures CAUTIONARY STATEMENT Certain information regarding WSP contained herein may constitute forward-looking statements. Forward-looking statements may — include estimates, plans, objectives, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact, including statements regarding the sufficiency of WSP’s liquidity and working capital requirements for the foreseeable future.. Forward-looking statements made by the Corporation in this presentation are based on a number of assumptions believed by the Corporation to be reasonable as at the date of this presentation, including assumptions about general economic and political conditions; the state of the global economy and the economies of the regions in which the Corporation operates; the state of and access to global and local capital and credit markets; the anticipated impacts of COVID-19 on the Corporation’s businesses, operating results, cash flows and/or financial condition, including the effect of measures implemented as a result of COVID-19. Although WSP believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that — such expectations will prove to have been correct. These statements are subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements, including risks relating to the COVID-19 pandemic. WSP's forward-looking statements are expressly qualified in their entirety by this cautionary statement. The complete version of the cautionary note regarding forward-looking statements as well as a description of the relevant assumptions and risk factors likely to affect WSP's actual or projected results are included in the Management’s Discussion and Analysis for the year ended December 31, 2019 and for the quarter ended March 28, 2020, which are available on SEDAR at 2 www.sedar.com. The forward-looking statements contained in this presentation are made as of the date hereof and WSP does not assume any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws. NON-IFRS MEASURES — The Corporation reports its financial results in accordance with IFRS. However, in this presentation, the following non-IFRS measures are used by the Corporation: net revenues; adjusted EBITDA; adjusted EBITDA margin; adjusted net earnings; adjusted net earnings per share; backlog; free cash flow; days sales outstanding (“DSO”) and net debt to adjusted EBITDA ratio. Additional details for these non-IFRS measures, including a reconciliation of such measures to the most directly comparable IFRS measures, can be found in WSP’s MD&A for the first quarter ended March 28, 2020, which is posted on WSP’s website at www.wsp.com, and filed on SEDAR at www.sedar.com — Management believes that these non-IFRS measures provide useful information to investors regarding the Corporation’s financial condition and results of operations as they provide key metrics of its performance. These non-IFRS measures are not recognized under IFRS, do not have any standardized meanings prescribed under IFRS and may differ from similar computations as reported by other issuers, and accordingly may not be comparable. These measures should not be viewed as a substitute for the related financial information prepared in accordance with IFRS. ALL AMOUNTS ARE EXPRESSED IN CANADIAN DOLLARS

  3. • A global professional service firm specializing in providing technical expertise and strategic advice to clients in the Transport & Infrastructure, Property & Buildings, Environment, Industry & Energy sectors. • A pure play consulting and design firm, with no construction risk. • Approximately 50,000 employees globally, 3 led by an experienced board & management team and supported by long term shareholders. • Aiming at becoming the world’s Premier Design and Advisory firm in the world.

  4. Our Positioning in the Infrastructure and Construction Value Chain MATERIALS AND EQUIPMENT ENGINEERED SUPPLIERS PRODUCTS WE HAVE A HORIZONTAL FEE-FOR-SERVICE MODEL CONSTRUCTION 4 SERVICES PLANNING DESIGN (Construction/ Project Management) CONTRACTORS CONTRACTORS OPERATION AND OPERATION AND ARCHITECTS AND ARCHITECTS AND MAINTENANCE MAINTENANCE DEVELOPERS DEVELOPERS

  5. Our guiding principles We value our people and our reputation. We are locally dedicated with international scale. We are future-focused and challenge the status quo. We foster collaboration in everything we do. We have an empowering culture and hold ourselves accountable.

  6. A Global Player of Approximately 50,000 Professionals 6,080 NORDICS 8,200 8,000 UK 3,275 CANADA IRELAND ASIA 1,340 6 CONTINENTAL EUROPE 10,000 US 5,525 AUSTRALIA NEW ZEALAND 3,585 3,200 450 MIDDLE EAST INDIA CENTRAL & SOUTH SOUTH AMERICA AFRICA As of December 31, 2019

  7. An Experienced Board of Directors Christopher Pierre Louis-Philippe Linda COLE SHOIRY 7 CARRIÈRE GALIPEAU (Chairman) (Vice Chairman) Alexandre Birgit Suzanne Paul NOORGARD RANCOURT RAYMOND L’HEUREUX

  8. A Proven Leadership Team with a Strong Track Record PAUL DOLLIN RYAN BRAIN MARK NAYSMITH MAGNUS MEYER LOU CORNELL ALAIN MICHAUD ALEXANDRE L’HEUREUX Canada UK Nordics Chief Operating Officer United States President and CEO Chief Financial Officer 8 PHILIPPE FORTIER ROBERT OUELLETTE MARIE-CLAUDE DUMAS GREG KANE GUY TEMPLETON IVY KONG Chief Legal Officer and Chief Corporate Global Director, Major Middle East ANZ Asia Services Officer Corporate Secretary Projects & Programs DAVE MCALISTER TOM SMITH A.-M. BOUCHARD Transport and Property and Environment and Infrastructure Buildings Resources

  9. An Empowering Operational Model High High autonomy of Business Units/Regions Autonomy 9 Low Local Markets Control Global

  10. An Organizational Structure Supporting the Model CORPORATE GROUP TRANSPORTATION AMERICAS ASIA PACIFIC EMEIA BUILDINGS 10 CANADA NORDICS AUSTRALIA/NZ ENVIRONMENT UK USA GREATER CHINA MINING CENTRAL EUROPE SOUTH AMERICA SOUTH EAST ASIA ENERGY AND AFRICA POWER MIDDLE EAST & OIL AND GAS INDIA WATER Corporate group oversees global strategy, capital allocation and governance Regions with local P&L and support functions to drive performance and strategy Global and regional market leaders connect expertise, know-how, best practices and market strategy

  11. A Pure Consulting Firm but Yet a Diversified Platform Good geographic mix Focus on mature, stable economies EMEIA OECD 35% countries Americas 88% 33% Non-OECD APAC 11 countries 16% Canada 12% 16% Recognized technical expertise Balanced mix of clients Non-cyclical business mix Strategic Advisory Transport & Property & Services Infrastructure Buildings 35% Private 53% 26% sector 43% Public sector 57% Engineering & Industry & Design Energy 65% Environment 10% Based on Q3 2019 TTM net revenues 11%

  12. A Proven Track Record as a Successful Operator and Integrator +40.68% +39.76% 8916.1 6886.3 7908.1 6020.6 6942.2 5356.6 6379.6 4895.1 12 2016 2017 2018 2019 2016 2017 2018 2019 REVENUES NET REVENUES* *Non-IFRS measures. Additional details for this non-IFRS measure can be found in WSP's MD&A, which is posted on WSP's website at www.wsp.com, and filed with SEDAR at www.sedar.com

  13. A Proven Track Record as a Successful Operator and Integrator +83.52% +107.78% 1036.8 487.8 398.1 660 315.5 13 555.2 265.8 499 2016 2017 2018 2019 2016 2017 2018 2019 EARNING BEFORE NET ADJUSTED EBITDA* FINANCING EXPENSE AND INCOME TAXES *Non-IFRS measure. Additional details for this non-IFRS measure can be found in WSP's MD&A, which is posted on WSP's website at www.wsp.com, and filed with SEDAR at www.sedar.com Please note that the 2016 to 2018 Adjusted EBITDA has not been restated to reflect the application of IFRS 16. Therefore, the Adjusted EBITDA for 2016 to 2018 and 2019 have not been calculated on the same basis. The impact of IRGRS- 16 on the 2019 adjusted EBITDA is 250.1 million of dollars. Please refer to the 2019 management’s discussion an d analysis for further detail.

  14. A Decade of Organic Growth ANNUAL ORGANIC GROWTH 6.2% 5.2% 4.9% 4.6% 3.5% 3.5% 3.2% 2.6% 14 1.6% 1.0% 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Since 2006 IPO, positive organic growth every year 2019 OUTLOOK 2 to 5 percent

  15. FCF* : Long-Term Progression Through Seasonality 900.0 Free cash flow (millions) TTM Cash flow from operating activities (millions) TTM $814.3M 800.0 700.0 600.0 $441.6M 500.0 15 400.0 300.0 200.0 100.0 0.0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2015 2016 2017 2018 2019 2019 OUTLOOK Numbers are quoted in million of dollars. > 100% Cash Flow / Net Income *Non-IFRS measure. Additional details for this non-IFRS measure can be found in WSP's MD&A, which is posted on WSP's website at www.wsp.com, and filed with SEDAR at www.sedar.com

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