›Journey to ethics excellence› April 2018

Our vision

We strive to be the premier engineering solutions partner, committed to delivering complex projects from vision to reality for a sustainable lifespan.

2

3

Delivering sustainable projects

Global company

~16,000 employees

~3,000 employees

~21,000 employees

Americas

Asia Pacific

Middle-East & Africa

~12,000 employees

Europe

Comprehensive end-to-end service offering

5

Construction & Project

Management

Operations & Maintenance

ProcurementDesign &Engineering

Digital & AICapital Sustaining Capital

Consulting& Advisory

6

safely

and ethically

7

Crisis

Redefining SNC-Lavalin

8

2013 - New Beginning› Change senior

leadership & culture› Develop new strategy

with focus on growth opportunity in resources

2014 – Expand Resources Capabilities› Kentz acquisition› Expand O&G capabilities› Grow O&G revenues from › $500M (2013) to $4B (2015)› Position SNC-Lavalin as a top

10 O&G player

2015 - Step Change and operational excellence› Adjust cost structure to the

resources market slowdown› Target $200M in G&A

savings & Deliver

2016-2018 - Focus› Atkins acquisition to expand

Services offering, regional breadth and Infrastructure and Nuclear expertise

› Deliver on operational excellence › Deliver a client-centric organization› Deliver a performance-driven culture

2020 - Vision› Reposition SNC-Lavalin on a

path of strong profitable growth› Balance portfolio across

sectors geography risk profile

Incr

ease

d fo

cus

on

Eth

ics

& C

ompl

ianc

e

2012 - Crisis› Documents are turned

to authorities› Investigations› Lawsuits› Allegations

Redefining SNC-Lavalin – What we’ve done

9

100New Management

% 100New Board

As of December 2017

%NEW

COMPANYCulture

Business Mix

Repositioned the company by divesting non-core businesses

Balanced the sector portfolio and derisked the business model

Creation of a Global organization

Our values are the essence of our company’s identity. They represent how we act, speak and behave together, and how we engage with our clients and stakeholders.

10

We do the right thing, no matter what, and are accountable for our actions.

We put safety at the heart of everything we do, to safeguard people, assets and the environment.

We redefine engineering by thinking boldly, proudly and differently.

We work together and embrace each other’s unique contribution to deliver amazing results for all.

Our values

11

Neil BrucePresident and CEO

“This responsibility goes beyond the role-model function of senior management: our managers must exemplify ethical behavior and compliance with law and internal policies.”

“Our Ethics and Compliance programis a benchmark in the engineering and construction industry, and is an integral part of our daily work and decision-making process.”

12

Strong ethics and compliance program

Integral to our activities

13

Integral to our activity

14

› Tone from the top› Collective action› M&A due diligence› Support and advice› Personnel processes› Policies and procedures› Compliance risk assessment› Training and communication› Business partners due diligence

15

› Effective control› Regular E&C audits› Compliance review› Ethics and compliance reporting line› Resources and skills for global investigations

Integral to our activity

16

Integral to our activity

› Disciplinary Sanctions› Unbiased Consequences› Remediation of Systematic Deficiencies› Prevention of Recurrence

17

Positive outcomes

18

Commitment to ethical standards and integrity

100%Code of Ethics

and Business Conduct certification rate, 2018

19

In conclusion

20

“Ethics and compliance are fundamental to our business and our decision-making process. We go beyond ensuring that our people are aware of and understand our policies and procedures. Ethics and business success go hand in hand. Ultimately, integrity is all about doing the right thing.”

Dr. Hentie DirkerChief Compliance Officer

21

Building what matters

snclavalin.com