WSP Global (WSP) investor relations material

Strategic Positioning and Market Context

• Identified a convergence of electrification, digital transformation, and energy security as a generational infrastructure investment cycle, driving unprecedented demand for integrated power and energy solutions.

• Built a global, integrated platform covering the full power value chain, with 10,000 professionals and a leading presence in the U.S. market.

• Strategic acquisitions and partnerships (POWER Engineers, TRC, Ricardo) expanded capabilities in engineering, advisory, digital grid, and program management, enabling end-to-end client solutions.

• Integration across sectors and geographies multiplies impact, allowing early engagement, deeper client relationships, and participation in multi-year, multi-phase programs.

• Not dependent on specific technologies or markets, but positioned to benefit from broad infrastructure investment regardless of prevailing trends.

Market Drivers and Client Needs

• U.S. power sector entering a supercycle, with over $1 trillion in utility capital investment expected by 2030, driven by data centers, electrification, reshoring, and grid modernization.

• Aging infrastructure, digital/AI revolution, and evolving economic realities drive US power needs, with grid modernization, resiliency, and digitalization critical for clients.

• Utilities and developers require integrated solutions across planning, permitting, engineering, delivery, and operations, not isolated services.

• Client base includes top utilities globally, with long-standing, strategic relationships and early involvement in capital planning.

• Program management and integrated delivery models are increasingly in demand to address execution gaps and accelerate project timelines.

Execution Capabilities and Differentiation

• Delivers across the full asset lifecycle: advisory, development, engineering, permitting, construction, operations, and decommissioning.

• Unique ability to integrate planning, regulatory, environmental, digital, and program management at scale, creating a hard-to-replicate platform.

• AI-enabled tools (e.g., POWER360) and digital solutions enhance program management, risk mitigation, and delivery speed.

• Proven track record in large-scale projects, including grid modernization, HVDC transmission, and complex generation (thermal, renewables, nuclear, carbon capture).

• Modular, standardized nuclear solutions support scalable, repeatable deployment, addressing industry needs for cost and schedule certainty.