Mr. Ian Edwards reports

SNC-LAVALIN COMPLETES CLOSING OF THE SALE OF ITS SCANDINAVIAN ENGINEERING SERVICES BUSINESS

SNC-Lavalin Group Inc. has completed the closing of the sale of its Scandinavian engineering services business. SNC-Lavalin previously announced that it had entered into a binding agreement to sell its Scandinavian Engineering Services business -- comprising Denmark, Sweden and Norway -- to Systra Group, a France-based engineering and consulting group specialized in public transport and mobility solutions.

The sale represents another step forward in the company's strategy to reduce its risk profile, drive consistent profitable growth, and accelerate its continuing transition to becoming a premier professional services and project management company.

"The closing of the sale further optimizes our portfolio of activities and ensures that we can be fully focused on the areas of our business with the highest value-creation potential," said Ian L. Edwards, president and chief executive officer of SNC-Lavalin. "I would like to thank all the Scandinavian engineering services employees for their dedication and hard work over the years, and wish them every success with Systra," added Mr. Edwards.

Proceeds from the sale will provide additional funds to accelerate the company's capital allocation priorities.

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. SNC-Lavalin creates sustainable solutions that connect people, technology and data to design, deliver and operate the most complex projects. The company 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.

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