Mr. Thomas Clochard reports

AECON-WACHS HIRES NEW VP OF U.S. OPERATIONS, NUCLEAR

Aecon-Wachs, a United States-based corporation serving the industrial and power generation markets, whose parent company is Aecon Group Inc., has added Brad Smalldridge to the company as vice-president of U.S. operations, nuclear.

Mr. Smalldridge brings more than three decades of senior leadership experience and will be responsible for leading the Aecon-Wachs nuclear business in the U.S. with a focus on strategic growth and business development in this evolving market. He has previously held executive roles with major nuclear service providers and utilities, and has served in the U.S. federal and commercial nuclear markets.

"At Aecon-Wachs, we are building a team with a strong culture, providing specialty services for our clients while leveraging Aecon's experience to grow our support for U.S. nuclear plant life extension, small modular reactor (SMR) plant construction and federal services," said Mr. Smalldridge.

"Brad has extensive experience leading organizations into new business markets and growing existing markets in the U.S. His expertise in developing leadership teams, managing and implementing services in support of the U.S. commercial nuclear market, and commercial business development will be key to the growth of Aecon-Wachs," shared Thomas Clochard, executive vice-president, nuclear and civil, Aecon.

Aecon-Wachs is positioned for strategic growth in the U.S. as the team works closely with its parent company, Aecon. Among other projects, Aecon is participating in the development and building of North America's first grid-scale SMR through Ontario Power Generation's (OPG's) Darlington new nuclear project (DNNP), and is the provider of all construction services for the DNNP, including project management, construction planning and execution, as part of an integrated project delivery partnership with OPG, GE Hitachi and SNC-Lavalin.

Aecon-Wachs has several additional senior management announcements forthcoming.

About Aecon Group Inc.

Aecon (Toronto Stock Exchange: ARE) is a national Canadian construction and infrastructure development company with global experience, and is proud to be recognized as one of the best-50 corporate citizens in Canada. Aecon delivers integrated solutions to private and public-sector clients through its construction segment in the civil, urban transportation, nuclear, utility and industrial sectors, and provides project development, financing, investment and management services through its concessions segment.