Mr. Alexandre L'Heureux reports

WSP COMPLETES ACQUISITION OF TRC

WSP Global Inc. has completed its previously announced acquisition of TRC Companies, a premier U.S. power and energy brand delivering end-to-end solutions that support the full infrastructure life cycle. With more than 55 years of history, TRC and its team of approximately 8,000 professionals have established the company as a leader and trusted strategic adviser in the engineering and consulting industry.

Fully aligned with WSP's 2025-2027 global strategic action plan, the acquisition supercharges the corporation's power and energy offering and enhances its capabilities across high-growth areas, including water, infrastructure, environment and digital solutions. With TRC, WSP creates the No. 1 power and energy platform in the United States and becomes the country's largest engineering and design firm by revenue.

"Today, we officially welcome TRC to WSP. This acquisition strengthens our leading position in the U.S. and broadens our capabilities across the power and energy value chain at a time of accelerating demand for reliable and resilient energy systems. By combining advisory, engineering and program management expertise, we are creating a more integrated platform to support complex infrastructure programs from planning through execution. TRC brings deep sector knowledge and strong client relationships that enhance the reach and impact of our diversified platform. Together, we are better positioned to pursue opportunities in high-growth areas and deliver more comprehensive solutions to our clients. I look forward to working with our new colleagues as we integrate the two businesses with care and execute with discipline," commented Alexandre L'Heureux, president and chief executive officer of WSP.

Also commenting on the acquisition, Christopher P. Vincze, chairman and chief executive officer of TRC, said: "This milestone marks an exciting new chapter for TRC as we join WSP. Since the 1960s, our teams have delivered trusted expertise, underscored by continued innovation and an advanced use of digital, to help clients navigate critical challenges with confidence. Joining WSP allows us to build on this legacy at greater scale -- increasing opportunities for our people, expanding the capabilities we can offer our clients and accelerating our ability to shape more resilient infrastructure. We are proud of the work that brought us here, energized by what we can achieve together, and committed to ensuring a smooth and thoughtful integration for our employees and clients."

About TRC Companies

TRC stands for adaptability. With direction setting perspectives and partnerships, the company's approximately 8,000 tested practitioners in advisory, consulting, construction, engineering and management services deliver unique resolutions that answer any built or natural imperative. By creating new pathways for the world to thrive, it helps its clients adapt to change and achieve long-lasting results while solving the challenges of making the Earth a better place to live -- community by community and project by project. TRC is ranked No. 17 on ENR's list of the top-500 design firms, No. 5 for power, and No. 3 for transmission and distribution.

About WSP Global Inc.

WSP is one of the world's leading professional service firms, uniting its engineering, advisory and science-based expertise to shape communities to advance humanity. From local beginnings to a globe-spanning presence today, WSP operates in over 50 countries and employs approximately 83,000 professionals, known as visioneers. Together, they pioneer solutions and deliver innovative projects in the transportation, infrastructure, environment, building, energy, water, and mining and metal sectors. WSP is publicly listed on the Toronto Stock Exchange.

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