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WE ARE WSP November 2014 2 WSP AT A GLANCE The leading global - PowerPoint PPT Presentation

Dec 19, 2022 •470 likes •647 views

WE ARE WSP November 2014 2 WSP AT A GLANCE The leading global design advisory company, with revenues from professional services. Everybody bigger than us has other related activities and at least $2bn of their revenues from

  1. WE ARE WSP November 2014

  2. 2 WSP AT A GLANCE  The leading global design advisory company, with revenues from professional services.  Everybody bigger than us has other related activities and at least $2bn of their revenues from construction activities  We plan, design, engineer and manage buildings, transport, infrastructure, industrial, environmental and energy projects $4.5B $296M $1.9B 2013 2013 Backlog Revenues* EBITDA* *2013 pro forma (including Parsons Brinckerhoff)

  3. 3 A TRUE GLOBAL PLAYER 31,500 500 39 Employees Offices Countries *Including special administrative regions of Macau and Hong Kong SAR

  4. 4 A LOW RISK CONSULTING BUSINESS MODEL Geographic Net Revenues Breakdown 1 A Diversified Expertise Environment Rest of World 8% 8% Asia Canada 7% 21% Australia Industrial/ Infrastructures 9% Energy (Transportation/ 21% Municipal Infra) 46% Europe 12% U.S. Buildings U.K. 27% 25% 16% Industrialized: 85% Emerging (Colombia, Middle East, Africa and Asia): 15% 1 WSP’s 2014 LTM net revenues data is pro forma to include Focus, which was acquired in April 2014

  5. 5 FAVORABLE LONG-TERM DRIVERS PROPERTY/ BUILDINGS Economic growth Population growth Social infrastructure Commercial development INFRASTRUCTURE Urbanization Mobility Aging transportation assets Aging water/waste water infrastructure Impacts of climate change as opportunities within the water market INDUSTRIAL & ENERGY Natural resources Power demand Asset productivity Technology Industry ENVIRONMENT Climate change Sustainability Permitting Social acceptability Corporate governance

  6. PARSONS BRINCKERHOFF, LEVERAGING REVENUE SYNERGY OPPORTUNITIES

  7. 7 TWO SIMILAR OPERATING MODELS CORPORATE GROUP TRANSPORTATION AMERICAS ASIA PACIFIC EMEIA BUILDINGS CANADA NORDICS AUSTRALIA/NZ ENVIRONMENT UK USA GREATER CHINA MINING CENTRAL EUROPE SOUTH AMERICA SOUTH EAST ASIA ENERGY AND POWER AFRICA MIDDLE EAST & OIL AND GAS INDIA WATER Corporate group Regions with local P&L and support functions Global and regional market leaders

  8. 8 COMPLEMENTARY EXPERTISE ACROSS REGIONS MAIN AREA OF EXPERTISE PER REGION I NDUSTRIAL B UILDINGS I NFRASTRUCTURE E NVIRONMENT AND E NERGY ● ●● ● ● U.S. ●● ● ● ● Canada ● ●● ●● ● U.K./Europe ● ● ● ● Australia/NZ ●● ● Asia ● ●● ●● ● ROW INCREASED REGIONAL OPPORTUNITIES IN EACH REGION AND SEGMENT WHERE BOTH FIRMS OPERATE ● WSP ● Parsons Brinckerhoff

  9. 9 CANADA Hawkesbury Wastewater Treatment Plant – WSP project

  10. 10 US, SOUTH AMERICA AND THE CARIBBEAN Port of Miami tunnel - Parsons Brinckerhoff project

  11. 11 EUROPE, MIDDLE EAST, INDIA, AFRICA London Bridge Station – WSP project

  12. 12 ASIA PACIFIC Australia - New Zealand Jacinth Ambrosia Mine- Parsons Brinckerhoff project

  13. FINANCIAL DATA

  14. 14 KEY Q3 2014 FINANCIAL DATA* $630.7 M +28.6% Revenues $537.4 M +31.8% Net revenues $66.4 M +32.3% EBIDTA $1.9 B +2.7% Backlog *WSP on a standalone basis, prior to Parsons Brinckerhoff transaction which closed on October 31, 2014

  15. 15 ADDITIONAL FINANCIAL CONSIDERATIONS*  Acquisition immediately mid-single digit accretive to WSP’s EPS, with accretion increasing to mid-teens once synergies are fully realized  Pro forma Net Debt / Normalized EBITDA at approximately 2x at closing, in line with WSP’s target level of 1.5x-2x  88,464,083 shares outstanding  No change to dividend policy

  16. 16 THANK YOU!

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