Quanta Services (NYSE:PWR) 2026 Investor Day March 31, 2026 09:00 AM ET Company ParticipantsAdam Thalhimer - Director of ResearchAlex Rygiel - Managing DirectorAndy Kaplowitz - Managing DirectorAti Modak - VP of Energy Services and E&PsBrian Brophy - DirectorDuke Austin - President and CEOJayshree Desai - CFOJoe Osha - Senior Managing Director of Equity ResearchKarl Studer - President of Electric PowerKip Rupp - VP of Investor RelationsLiam Burke - Managing DirectorMaheep Mandloi - DirectorManish Somaiya - ...

INVESTOR DAY M AR C H 3 1 S T 2026 Welcome & Introduction Kip Rupp, CFA, IRC Vice President, Investor Relations 2 Welcome And Introduction QUANTA IS NORTH AMERICA'S PREMIER CRITICAL INFRASTRUCTURE SOLUTIONS PROVIDER – DELIVERING CERTAINTY +25% 10-year Adjusted EPS CAGR $44.0B Total Backlog at +69K # of employees ending 2025 $6.0B Aggregate capital deployed¹ from 2022-2025 +80% of our work is self-performed Largest and preferred employer of Craft-skilled labor in the industry Industry leading operating model ...

Core Insights - RF Industries (RFIL) and Amphenol (APH) are key players in the electronic connectors and interconnect systems market, serving various end-markets, with Amphenol being significantly larger than RFIL [1][2] RF Industries (RFIL) - RF Industries is experiencing a growing adoption of its integrated solutions, with a backlog of $15 million at the end of Q2 2025, supported by bookings of $18.7 million [3][10] - The company is transitioning from a product-oriented model to an integrated solutions provider, which is expected to drive long-term top-line growth [4] - RFIL is expanding its presence in sectors such as wireless, aerospace, public safety, and industrial OEMs, with plans to enter energy, transportation, wireline telecom, and data centers [4] - The adoption of RFIL's small cell solutions is increasing, with 100 opportunities in the sales pipeline for Wireless DAS build-outs [5] - Inventory levels have decreased to $12.6 million in Q2 2025 from $14.7 million in the previous year, aided by a streamlined procurement and supply chain process [5] Amphenol (APH) - Amphenol's order growth surged by 36% year-over-year to $5.523 billion, with a book-to-bill ratio of 0.98:1, driven by a strong portfolio and targeted acquisitions [6][10] - The demand for high-speed interconnects is being fueled by rising AI workloads and cloud infrastructure upgrades, supporting growth in the Communications Solutions segment [7] - Amphenol's diverse acquisitions have enhanced its market reach and growth prospects, with a focus on communications, medical, and defense sectors [8] - The company anticipates Q3 2025 earnings between $0.77 and $0.79 per share, reflecting a year-over-year growth of 54% to 58%, with revenues expected between $5.4 billion and $5.5 billion [9][11] Comparative Performance - Year-to-date, RF Industries shares have increased by 74.2%, outperforming Amphenol's 58% rise [13] - In terms of valuation, Amphenol's forward price/sales ratio stands at 5.87X, significantly higher than RF Industries' 0.91X, indicating that both companies are currently overvalued [16] Investment Outlook - Amphenol is viewed as a stronger investment option compared to RF Industries, supported by its expanding portfolio and market traction, despite potential growth challenges for RFIL due to tariffs [19][20]