Mr. Ian Edwards reports

SNC-LAVALIN TO PROVIDE ENTERPRISE ASSET MANAGEMENT SERVICES FOR THE TORONTO TRANSIT COMMISSION

SNC-Lavalin Group Inc. will partner with the Toronto Transit Commission (TTC) to lead the enterprise asset management (EAM) program transformation for the largest and longest-serving transit agency in the region, with over 100 years of service meeting Toronto's public transit needs.

"We are thrilled to be able to bring decades of global expertise, thought leadership and best practices in enterprise asset management to this project, and to the North American market," said Ian L. Edwards, president and chief executive officer, SNC-Lavalin Group. "With end-to-end capabilities in the infrastructure sector, SNC-Lavalin is uniquely positioned to support our clients' operations and maintenance goals and respond to emerging digital transformation challenges."

The significant three-year asset management transformation program will strengthen TTC EAM practices and achieve compliance with new provincial regulations. SNC-Lavalin will assist the TTC in developing enhanced EAM and investment planning practices, as well as best-in-class business and systems processes. The program will help ensure that the TTC's systems and vehicles meet the needs of Toronto's public transit users for years to come.

"SNC-Lavalin is proud to be the partner of choice for the TTC, supporting their transformation journey towards best-in-class infrastructure asset management. It is a privilege for us to have been chosen to partner with the TTC to lead this project, and to apply some of our innovative systems and processes. Although digital asset management in the Canadian transportation industry is a growing field, SNC-Lavalin has leveraged its global expertise to deliver on numerous other transit system projects worldwide, such as the fully automated Canada Line commuter LRT, the London's Orbital Motorway Network and the Dubai International Airport strategy for landside multimodal transportation operations," said Stephanie Vaillancourt, president, capital and operations and maintenance (O&M) at SNC-Lavalin.

About SNC-Lavalin Group Inc.

Founded in 1911, SNC-Lavalin is a fully integrated professional services and project management company with offices around the world dedicated to engineering a better future for the planet and its people. The company creates sustainable solutions that connect people, technology and data to design, deliver and operate the most complex projects. SNC-Lavalin deploys global capabilities locally to its clients and delivers unique end-to-end services across the whole life cycle of an asset, including consulting, advisory and environmental services, intelligent networks and cybersecurity, design and engineering, procurement, project and construction management, operations and maintenance, decommissioning, and capital -- and delivered to clients in key strategic sectors such as engineering services, nuclear, operations and maintenance, and capital.