Mr. Alexandre L'Heureux reports

WSP ACQUIRES AKF, EXPANDING ITS PROPERTY & BUILDINGS PRACTICE ACROSS THE U.S. NORTHEAST

WSP Global Inc. has acquired AKF Group LLC (AKF). Headquartered in New York, AKF is a specialized mechanical, electrical and plumbing firm that designs complex health care, science and technology, and mission-critical facilities. Its 365 professionals operate throughout the eastern United States, with an additional complementary presence in Mexico.

By adding AKF's complementary expertise to its property and buildings team, WSP enhances its technical practice and boosts its capabilities and presence in several essential high-demand markets.

"I am pleased to welcome AKF's experts to WSP. Our combined practices are poised to accelerate our growth in various complex building sectors, not only locally in the northeast but also across the USA. The addition of AKF is perfectly aligned with our strategy to grow and diversify our property and building expertise in the U.S.," said Alexandre L'Heureux, president and chief executive officer, WSP Global.

"This acquisition is a great milestone for both the clients and people of AKF and WSP. Driven by our shared commitment to innovation and technical excellence, we will rapidly leverage the strength of our combined teams as we provide innovative solutions to the challenges facing the fast-growing specialty buildings sector," said Joseph Sczurko, WSP's U.S. president.

"We are very proud of what we have accomplished since AKF was founded 35 years ago. We are equally excited to begin a new chapter within WSP that will provide additional opportunities for our talent to make a difference thanks to their recognized technical expertise, in-depth market knowledge and sustainable approach," said Dino DeFeo, managing partner, AKF.

About AKF Group LLC

Founded in 1989, AKF Group is an award-winning engineering firm that has grown to become a leading provider of integrated engineering services for the built environment. Known for its client-first approach and engineering integrity, AKF offers a full range of professional services, including mechanical, electrical, plumbing and fire protection engineering; commissioning; code consulting; lighting design; and technology systems design. Its extensive project portfolio covers a wide variety of sectors, such as corporate, cultural, health care, K-12 and higher education, hospitality, residential, retail, science, and technology. Headquartered in New York, AKF operates across 13 offices in the United States and Mexico. Providing innovative solutions and a 24/7 crisis response to ensure the highest level of convenience and comfort in the spaces it inhabits, AKF is dedicated to powering human potential and transforming the built environment through its sector-based approach and commitment to excellence.

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 66,500 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 2023, WSP reported $14.4-billion in revenue. The corporation's shares are listed on the Toronto Stock Exchange (TSX: WSP).

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