Q2 2025 EARNINGS | AUGUST 7, 2025 | NASDAQ: BWMN TRANSPORTATION POWER, UTILITIES & ENERGY BUILDING INFRASTRUCTURE NATURAL RESOURCES Gary Bowman Chairman & CEO Bruce Labovitz Chief Financial Officer Safe Harbor Statement Please note that many of the comments made today are considered forward-looking statements under federal securities laws. As described in our filings with the SEC, these statements are subject to numerous risks and uncertainties that could cause future results to differ from those expressed, ...

Financial Performance & Growth - Bowman's Gross Revenue increased from $122 million in 2020 to $427 million in 2024[10] - Net Service Billing grew from $104 million in 2020 to $380 million in 2024[10] - Adjusted EBITDA increased from $14 million in 2020 to $60 million in 2024[10] - Adjusted EBITDA Margin, Net increased from 13% in 2020 to 16% in 2024[10] - First Quarter 2025 saw a 19% YoY growth in Gross Contract Revenue and 17% YoY growth in Net Service Billing[24] - First Quarter 2025 Adjusted EBITDA grew by 20% YoY[24] Backlog & Visibility - Gross Backlog has shown consistent growth, reaching $419 million in 1Q25, compared to $330 million in 1Q24, a 39% increase[35] Capital Allocation & Strategy - The company purchased $6.7 million of common stock in Q1 and continued buybacks into Q2 of $5.3 million as of 05/02/25[38] - Bowman has completed 35+ acquisitions since IPO[11] - Since 2021, Bowman has added >$60 million of annualized net service billing from acquisitions each year[44] 2025 Guidance - The FY 2025 Net Revenue guidance is $428 - $440 million and Adjusted EBITDA guidance is $70 - $76 million[48]

Q1 2025 EARNINGS | MAY 7, 2025 | NASDAQ: BWMN TRANSPORTATION POWER & UTILITIES ENERGY BUILDING INFRASTRUCTURE WATER RESOURCES Presenters: Gary Bowman Chairman & CEO Bruce Labovitz Chief Financial Officer Safe Harbor Statement Please note that many of the comments made today are considered forward-looking statements under federal securities laws. As described in our filings with the SEC, these statements are subject to numerous risks and uncertainties that could cause future results to differ from those expr ...