First Quarter 2022 Earnings Call Presentation May 5, 2022 QUANTA Notice to Investors This presentation (and oral statements regarding the subject matter of this presentation) includes forward-looking statements intended to qualify under the "safe harbor" from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include any statements reflecting Quanta's expectations, intentions, strategies, assumptions, plans or beliefs about future events or perfor ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-13831 Quanta Services, Inc. (Exact name of registrant as specified in its charter) Delaware 74-2851603 (State or other juris ...

Quanta Services, Inc. (NYSE:PWR) Q1 2022 Earnings Conference Call May 5, 2022 8:30 AM ET Company Participants Kip Rupp – President, Investor Relations Duke Austin – President and Chief Executive Officer Derrick Jensen – Chief Financial Officer Conference Call Participants Ian MacPherson – Piper Sandler Sean Eastman – KeyBanc Capital Markets Andy Kaplowitz – Citigroup Adam Thalhimer – Thompson, Davis Michael Dudas – Vertical Research Brent Thielman – D.A. Davidson Alex Rigel – B. Riley Jamie Cook – Credit Su ...

Operations and Workforce - The company operates a fleet of approximately 70,000 units of owned and leased equipment as of December 31, 2021[36]. - As of December 31, 2021, the company employed approximately 43,700 individuals, including 8,600 salaried and 35,100 hourly employees[46]. - Approximately 35% of the company's employees were covered by collective bargaining agreements as of December 31, 2021[46]. - The company is facing a shortage of skilled labor, particularly journeyman linemen, which may affect its ability to meet demand[51]. - Strategic relationships have been established with universities, military, and unions to attract potential employees and develop the workforce, utilizing various apprenticeship programs[53]. - The company operates Northwest Lineman College, providing training programs for the electric power infrastructure and related industries, focusing on pre-apprenticeship and specialized utility task training[52]. Market and Competition - The company anticipates that competition may lessen as industry resources approach capacity, but there is no assurance that competitors will not develop superior services[34]. - The company believes that its ability to provide a broad spectrum of services is a significant differentiator in a competitive market[33]. Financial Risks and Management - The company is subject to credit risk related to customer receivables, with potential nonpayment heightened by economic conditions, particularly in the energy market[334]. - The company maintains a diversified portfolio of cash and cash equivalents managed by high credit quality financial institutions, mitigating material risk of loss[333]. - As of December 31, 2021, the fair value of the company's variable rate debt was approximately $1.20 billion, with a weighted average interest rate of 1.9%[335]. - A hypothetical 50 basis point increase or decrease in variable interest rates would impact pretax earnings by approximately $6.0 million based on the December 31, 2021 balance of variable rate debt[335]. Revenue and Foreign Operations - Revenues from foreign operations accounted for 14.7% of consolidated revenues in 2021, with fluctuations in foreign exchange rates resulting in an increase of approximately $114 million in foreign revenues compared to 2020[337]. - Foreign operating income increased by approximately $4 million due to foreign exchange fluctuations in 2021 compared to 2020[337]. - The company had no outstanding foreign currency derivative contracts as of December 31, 2021, to hedge foreign currency risk[338]. - An assumed 5% adverse change in foreign exchange rates would result in a fair value decline of $0.8 million based on cash and cash equivalents in foreign banks of $23.3 million as of December 31, 2021[339]. Environmental and Safety Considerations - The company considers climate-related risks and opportunities in its long-term strategic planning, with operational challenges arising from severe weather events and climate change[60]. - Increased demand for renewable energy infrastructure services is anticipated due to the transition to a carbon-neutral economy, supported by the acquisition of Blattner[63]. - The company has decreased focus on certain pipeline projects due to environmental concerns, while exploring opportunities related to safety and environmental initiatives[64]. - Insurance coverage for wildfire-related events has decreased, increasing overall risk exposure and potentially impacting financial results[69]. Operational Challenges - The company has experienced delays and cancellations in vehicle delivery orders due to a worldwide shortage of semiconductors[37]. - Seasonal variations typically result in the lowest revenues in the first quarter due to adverse weather conditions[41]. - The company has implemented additional safety protocols during the COVID-19 pandemic, ensuring minimal impact on workforce availability[49]. - The company faces risks related to labor shortages and increased labor costs, which may impact its ability to manage decentralized operations and grow[56]. Compensation and Performance - Compensation programs are designed to align with market practices and performance, including both fixed and variable components, with stock-based compensation granted broadly[57].

Quanta Services, Inc. (NYSE:PWR) Q4 2021 Earnings Conference Call February 24, 2022 9:00 AM ET Company Participants Kip Rupp - VP of IR Duke Austin - President and CEO Derrick Jensen - CFO Conference Call Participants Michael Dudas - Vertical Research Justin Hauke - Baird Sean Eastman - KeyBanc Capital Markets Jamie Cook - Credit Suisse Neil Mehta - Goldman Sachs Adam Thalhimer - Thompson, Davis Ian MacPherson - Piper Sandler Steven Fisher - UBS Alex Rigel - B. Riley FBR Noelle Dilts - Stifel Gus Richard - ...

Investor Presentation December 7, 2021 Repeatable. Sustainable. RESILIENT NOTICE TO INVESTORS This presentation (and oral statements regarding the subject matter of this presentation) includes forward-looking statements intended to qualify under the "safe harbor" from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include any statements reflecting Quanta's expectations, intentions, strategies, assumptions, plans or beliefs about future events ...

Financial Highlights - Quanta achieved record third-quarter consolidated revenues[23] - The company reported solid revenue of $3.4 billion[8] - Adjusted EBITDA reached $366.9 million[8] - Adjusted EPS was $1.48[8] Backlog and Growth - Record backlog of $17 billion reflects collaboration with customers and favorable market dynamics[7] - Total backlog at the end of the third quarter is 13% higher than both backlog at year-end and at the end of the third quarter of 2020[29] - 12-month backlog reached $9.8 billion[27] Segment Performance - Electric Power Infrastructure Solutions revenue increased by 10%[22] - Underground Utility & Infrastructure Solutions revenue increased by 12%[22] Guidance - The company provides revenue guidance of $12.55 billion to $12.85 billion[46] - Adjusted EBITDA guidance is $1.212 billion to $1.261 billion[46]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-13831 Quanta Services, Inc. (Exact name of registrant as specified in its charter) Delaware 74-2851603 (State or other j ...

Quanta Services, Inc. (NYSE:PWR) Q3 Earnings Conference Call November 4, 2021 9:00 AM ET Company Participants Duke Austin – CEO Kip Rupp – Investor Relations Derrick Jensen – CFO Conference Call Participants Chad Dillard – Bernstein Alex Rygiel – B. Riley Sean Eastman – KeyBanc Neil Mehta – Goldman Sachs Jamie Cook – Credit Suisse Marc Bianchi – Cowen Noelle Dilts – Stifle Brent Thielman – D.A. Davidson Adam Thalhimer – Thompson David, Ian Macpherson – Piper Sandler Andy Kaplowitz – Citigroup Michael Dudas ...

Quanta Services Blattner Acquisition Conference Call Summary Company and Industry Overview - **Company**: Quanta Services, Inc. (NYSE:PWR) - **Acquisition Target**: Blattner Holding Company - **Industry**: Renewable Energy Infrastructure Solutions Key Points and Arguments 1. **Acquisition Announcement**: Quanta Services announced its intention to acquire Blattner Holding Company, a leading utility-scale renewable solution provider in North America, to enhance its position in the renewable energy market [9][10]. 2. **Strategic Fit**: Blattner's focus on safety, operational excellence, and established customer relationships aligns with Quanta's strategic goals, positioning the combined entity to facilitate North America's energy transition to a carbon-neutral economy [10][11]. 3. **Market Growth**: The acquisition is expected to place Quanta at the forefront of significant long-term growth in the renewable energy market, driven by increasing electrification trends and supportive public policies [10][13]. 4. **Financial Impact**: The transaction is anticipated to be immediately accretive to Quanta's earnings, growth, margin, and free cash flow, with Blattner expected to contribute approximately $2.4 billion in revenue for 2020 [10][20]. 5. **Revenue and EBITDA Projections**: For 2021, Blattner is expected to generate revenues between $2.5 billion and $2.7 billion, with adjusted EBITDA between $250 million and $290 million [25][26]. 6. **Long-term Growth Expectations**: Quanta expects Blattner to deliver double-digit revenue and EBITDA growth over the long term, enhancing Quanta's ability to achieve double-digit earnings per share growth [26][27]. 7. **Cultural Alignment**: Both companies share a similar entrepreneurial mindset and focus on safety, quality, and customer service, which is expected to facilitate a smooth integration process [11][28]. 8. **Operational Excellence**: Blattner's operational capabilities, including self-performing most of its work, help manage risk and ensure quality, which is crucial for maintaining customer trust and satisfaction [12][16]. 9. **Market Position**: Blattner has installed over 62 gigawatts of renewable energy capacity across more than 400 projects, demonstrating its strong market presence and operational capabilities [14][15]. 10. **Backlog and Revenue Streams**: Blattner's backlog is characterized by long-term relationships with clients, providing visibility into future revenue streams and reducing execution risk [31][57]. Additional Important Insights 1. **Financial Structure of the Deal**: The acquisition involves upfront consideration of approximately $2.7 billion, consisting of $2.36 billion in cash and 3.3 million shares of Quanta common stock valued at approximately $340 million [20][21]. 2. **Regulatory Approval**: The transaction is expected to close in the fourth quarter of 2021, pending regulatory approvals [21]. 3. **Customer Concentration**: Blattner's revenue is somewhat concentrated, with 10 to 12 customers representing the majority of its revenue, but it maintains strong repeat business relationships [72]. 4. **Market Dynamics**: The renewable energy market is shifting, with expectations of increased demand for solar and energy storage solutions, although there are risks related to supply chain disruptions [24][40]. 5. **Learning Curve in New Markets**: Blattner is recognized as a leader in the renewable energy space, particularly in solar and wind, and is expected to leverage its expertise in energy storage as the market evolves [81]. This summary encapsulates the critical aspects of the Quanta Services Blattner Acquisition Conference Call, highlighting the strategic rationale, financial implications, and market dynamics surrounding the acquisition.