Mr. Adam Borgatti reports

AECON CONSORTIUM REACHES COMMERCIAL CLOSE ON TARGET PRICE TRANSIT PROJECT

An Aecon Group Inc.-led consortium has completed the collaborative development phase and reached commercial close on a progressive design-build transit project. The implementation phase will commence under a target price contract. Aecon's share of the contract is valued at over $2.8-billion and will be added to its construction segment backlog in the first quarter of 2025.

About Aecon Group Inc.

Aecon is a North American construction and infrastructure development company with global experience. Aecon 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, management, and operations and maintenance services through its concessions segment.

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