Mr. Alexandre L'Heureux reports

WSP ACQUIRES LGT AND STRENGTHENS ITS BUILDING SERVICES OFFERING IN QUEBEC

WSP Global Inc. has acquired LGT Inc., a Quebec-based building engineering firm. LGT provides advisory services in the areas of mechanical engineering, electricity, sustainable development, structural and civil engineering. It is also recognized for its cutting-edge expertise involving data centres and critical infrastructure. By welcoming LGT, WSP is positioning itself as an essential player in the building engineering consulting field in Quebec, as well as in the highly strategic data centre industry. LGT has over 150 employees at offices in Quebec City, Laval, Rimouski and Sept-Iles.

"WSP is pleased to welcome LGT's solid team. Together, we have an opportunity to ramp up our presence in Quebec's building market. We also intend to pool our expertise in the data centre sector while strengthening our capacities in this growing market across Canada," said Alexandre L'Heureux, president and chief executive officer of WSP Global.

"The acquisition of LGT ties in perfectly with our Canadian strategy and building sector approach. It will also strengthen our service offer, particularly in the education, cultural building and data centre sectors. We are delighted to bring the benefits of our complementary expertise to our clients in Quebec and across Canada," added Marie-Claude Dumas, president and CEO of WSP Canada.

"We are excited by this new adventure. We know our team's potential, so we are convinced that joining WSP will enable us to fast-track our shared goal of becoming the leader in Quebec's building engineering sector. Our ambitious entrepreneurial culture and our dynamic work force will be undeniable assets for the WSP family," said Moise Gagne, president of LGT.

About WSP Global Inc.

As one of the largest professional services firms in the world, WSP exists to future-proof cities and the environment. It provides strategic advisory, engineering and design services to clients seeking sustainable solutions in the transportation, infrastructure, environment, building, energy, water and mining sectors. Its 67,000 trusted professionals are united by the common purpose of creating positive, long-lasting impacts on the communities it serves through a culture of innovation, integrity and inclusion. In 2022, WSP reported $11.9-billion in revenue. The corporation's shares are listed on the Toronto Stock Exchange.

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