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Quanta Services
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July 2025 Investor Presentation
| Duke Austin | Page 3 of 11 |
April 26, 2026
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"July 2025 Investor Presentation"
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STRATEGIC RATIONALE Strengthens Quanta’s Craft-Led Critical Path Technology and Load Center Infrastructure Solutions Platform Page 3 Highly-synergistic mechanical workforce and diversified customer base provides growth opportunities and expansion of total addressable market (TAM) across several strategic verticals Expected to be immediately accretive to key financial metrics with multi-year growth opportunities, enhanced cash flow conversion, strong return on invested capital and multi-year, visible backlog 2 1 3 Combination provides critical path, craft-led infrastructure solutions that are increasingly differentiated and scalable • Accounting for approximately 60% of construction costs, the mechanical, plumbing and electrical systems inside the facility are critical path infrastructure that require a highly skilled craft workforce to install • Dynamic Systems’ mechanical capabilities, combined with Quanta’s industry leading inside electric, power grid and generation expertise, increase the breadth of the comprehensive craft labor driven solutions that Quanta can offer to customers looking for greater certainty around labor, schedule and supply chain • Broadens Quanta’s core craft-skill led technical capabilities and solutions and provides a growth platform across a diverse set of industry verticals and customers, including technology, manufacturing and other load center markets • Strengthens relationships with customers looking to accelerate complex multi-year infrastructure programs that need to be executed in a power and skilled labor capacity constrained environment • Accretive to adjusted earnings per share (EPS) (a non-GAAP measure), with double-digit top line growth profile. • For the five months ending 2025, Quanta expects Dynamic Systems to contribute revenues of $425 million to $475 million, adjusted EBITDA (a non-GAAP measure) of $45 million to $55 million and adjusted diluted EPS accretion of $0.08-$0.12. Initial full-year 2026 financial expectations are revenues of $1.25 billion - $1.45 billion, adjusted EBITDA of $125 million - $175 million and adjusted diluted EPS of $0.32 - $0.47.