RE:Engineering Services Normal Course Issuer Bid ("NCIB")
In light of, among other factors, the positive results from the Company's SNCL Services for the fourth quarter and year ended December 31, 2022 and the Company's 2023 Outlook as set out above and with a view to returning capital to shareholders, the Company's Board of Directors has approved a normal course issuer bid to repurchase up to 1.5 million common shares on the Toronto Stock Exchange (the "TSX") over the course of the next 12 months, which has been accepted by the TSX.