Mr. Teri McKibbon reports

BIRD SECURES $470 MILLION OF PROJECT AWARDS ACROSS KEY SECTORS, REINFORCING DIVERSIFIED GROWTH STRATEGY

Bird Construction Inc. has been awarded a total of five projects with a combined value of approximately $470-million. These projects include Bird's first project to be delivered through an integrated project delivery model in Atlantic Canada, two new buildings that support Ontario Power Generation's nuclear program, civil infrastructure work with the government of British Columbia, two significant multiyear agreements in the industrial maintenance sector and a recreation centre redevelopment project in B.C.

Bird, as part of a joint venture, was awarded its first IPD contract model in Atlantic Canada. Through a shared-risk framework, transparent communication and an integrated approach to decision making, the IPD team will collaborate to deliver a 100,000-square-foot combined office and maintenance depot. Designed to achieve zero carbon, the approximately $70-million facility will be partially powered by a 260-kilowatt solar array, with plans for expansion to 600 kilowatts.

Bird, through an indigenous-led joint venture, Makhos Bird Joint Venture, was awarded contracts for the design and construction of two buildings for OPG that support continuing nuclear operations and refurbishment activities. These projects, totalling approximately $120-million in aggregate, underscore the strength of Bird and MBJV's relationship with OPG and Bird's indigenous partners to address the province's growing electrification needs.

Bird's recently acquired subsidiary, Jacob Bros Construction, has been awarded the Highway 1 bus-on-shoulder-lanes project by the government of B.C. This $55-million project will widen nearly four kilometres of Highway 1 between the McKenzie and Colwood interchanges, adding continuous bus-on-shoulder lanes to enhance rapid transit services and reduce congestion. The project also includes a new pedestrian and cyclist bridge, ecological restoration works, and upgraded bus stops.

Bird's industrial maintenance, repair and operations team has secured two significant contract awards totalling approximately $100-million, reinforcing its position as a leader in the industrial maintenance sector. The first award is a five-year MSA renewal with a long-term client, expanding Bird's multidiscipline self-perform general contracting services to additional assets within the client's portfolio. The second award is a multiyear, multidiscipline agreement with a blue-chip client in Eastern Canada. These awards align with Bird's strategic plan for MRO, focusing on organic growth with existing clients and expanding into new strategic regions and markets across the country.

Bird has completed the validation stage on an IPD project to deliver the redevelopment of a major recreational centre in Kelowna, B.C. The completed facility will substantially increase athletic and aquatic space, offer three times as many programs, and include a dedicated child care space. The redevelopment is part of a larger building a stronger Kelowna initiative, and Bird's portion of the project is expected to approximate $125-million.

"Bird continues to win work across our industrial, buildings and infrastructure businesses in key strategic market sectors that remain economically resilient, building on the company's strong client relationships and forging new ones," stated Teri McKibbon, president and chief executive officer of Bird. "These awards highlight the scope of Bird's capabilities, adding to the company's combined backlog of nuclear, health care, horizontal infrastructure and industrial maintenance work, while expanding Bird's expertise in collaborative contracts."

About Bird Construction Inc.

Bird is a leading Canadian construction and maintenance company operating from coast to coast to coast. Servicing all of Canada's major markets through a collaborative, safety-first approach, Bird provides a comprehensive range of construction services, self-perform capabilities and innovative solutions to the industrial, buildings and infrastructure markets. For over 100 years, Bird has been a people-focused company with an unwavering commitment to safety and a high level of service that provides long-term value for all stakeholders.

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