Mr. Ian Edwards reports

ATKINSREALIS JOINT VENTURE TO SUPPORT REGIONAL CONNECTIVITY IN TORONTO WITH WORK ON NEW EAST HARBOUR TRANSIT HUB

Rail Connect Partners, Atkinsrealis Group Inc.'s joint venture with Bird Construction Inc., has signed a project alliance agreement with Metrolinx to deliver the East Harbour transit hub, a new interchange station that is part of a broader transit-oriented community plan for Toronto.

"East Harbour transit hub is a generational project, transforming Toronto's eastern-end waterfront and fulfilling a long-held ambition to expand the capacity of the city's regional connectivity hubs," commented Ian L. Edwards, president and chief executive officer, Atkinsrealis. "We have a world-class project team with global and local expertise to ensure project delivery in full collaboration with our partners and client, as well as a commitment to quality and schedule performance."

The scope of work for the company during the execution phase of the contract includes completion of the rail corridor and bridge widening over an important thoroughfare, which will continue to be undertaken in planned phases to keep GO Transit services running with minimal impact. The execution phase will also see the commencement of the station works and associated infrastructure and future road extension to facilitate a future streetcar connection. Atkinsrealis will provide project and construction management, as well as functional expertise, to ensure successful project delivery. This mandate is based on a best-for-project shared risk-capped collaborative contract model. It adds to a portfolio of Atkinsrealis's successful transit delivery expertise that includes the O-Train South Extension in Ottawa, the Reseau express metropolitain project in Montreal, and the Evergreen and Canada lines in Vancouver, as well as internationally renowned projects such as London's Elizabeth line, plus the Doha, Dubai, Riyad and Sydney metros.

"The East Harbour transit hub is one of the first major transit projects in Canada to use an alliance contracting model, which has been used in developed economies around the world for its risk and reward-sharing benefits," said Stephanie Vaillancourt, president, Canada, Atkinsrealis. "As Ontario embarks on the largest expansion of transit in North America, we look forward to continuing to work with Metrolinx to engineer a better future for the greater Toronto region and its residents, a region that fuels almost half of Ontario's GDP."

East Harbour transit hub: a new Toronto waterfront connection to the Greater Toronto Area

The East Harbour transit hub is designed to improve transportation choices in the city of Toronto for approximately 100,000 daily riders. Serving the Riverdale, Riverside and Leslieville communities and located immediately east of the Don Valley Parkway and south of Eastern Avenue, it will connect to the Lakeshore East and Stouffville GO lines. Service levels planned as part of GO expansion would see a GO train arriving as frequently as every five minutes. The hub will feature a station for the future Ontario line and an extension to Broadview Avenue will be built, which will enable a future TTC streetcar extension.

"The Metrolinx team is proud to work with partners in government and industry to deliver more transit options, reduce commute times and ease congestion. East Harbour station will be one of the most important nodes on the region's transit map. It will connect the Ontario line to an expanded GO network in a way that will completely reshape how we move through Toronto and beyond," said Michael Lindsay, interim president and chief executive officer, Metrolinx.

The East Harbour transit alliance project team is committed to creating a marked change in health and safety practices on rail projects. In addition to the launch of its beyond zero harm vision, which includes enhanced safety standards, processes, tools and training, the alliance has also implemented all new initiatives endorsed by the Canadian Construction Safety Council, of which both Atkinsrealis and Bird Construction are founding members, as part of a step change in the Canadian market.

About Atkinsrealis Group Inc.

Created by the integration of long-standing organizations dating back to 1911, Atkinsrealis is a world-class engineering service and nuclear company dedicated to engineering a better future for its planet and its people. It creates sustainable solutions that connect people, data and technology to transform the world's infrastructure and energy systems. It deploys global capabilities locally to its clients and delivers unique end-to-end services across the whole life cycle of an asset, including consulting, advisory and environmental services, intelligent networks and cybersecurity, design and engineering, procurement, project and construction management, operations and maintenance, decommissioning, and capital. The breadth and depth of its capabilities are delivered to clients in strategic sectors such as engineering services, nuclear and capital.

We seek Safe Harbor.