Mr. John Beck reports

JOHN W. BRACE RETIRES FROM AECON'S BOARD OF DIRECTORS

John W. Brace has retired from Aecon Group Inc.'s board of directors.

Mr. Brace was appointed to Aecon's board of directors in 2019, and served as chair of the risk committee and as a contributing member of the audit committee.

"John has brought valued experience and leadership to Aecon. On behalf of my fellow members of the board, we thank John for his contributions and wish him much success in his future endeavours," said John M. Beck, chairman, Aecon.

About Aecon Group Inc.

As a Canadian leader in construction and infrastructure development with global expertise, Aecon (Toronto Stock Exchange: ARE) strives to be the No. 1 Canadian infrastructure company, and is proud to be recognized as one of the best employers and best 50 corporate citizens in Canada. Aecon safely, profitably and sustainably 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.

We seek Safe Harbor.