REACHING NEW HEIGHTS, EXCEEDING EXPECTATIONS

We had a remarkable year of growth and progress: delivering exceptional client results, expanding our market presence, and enhancing our employee-owners.

We made strategic advancements through our acquisitions of DeLisi Fitzgerald, Inc. in Fort Myers, Florida, and SDG, Inc. in Denver, Colorado, as well as partnering with Saskatchewan First Nations Natural Resource Centre of Excellence in Kiyano Ventures. These new partners have strengthened our capabilities and expanded our market footprint. As we continue to diversify our presence across North America and in emerging markets, exciting opportunities await us.

RESPEC is at the forefront of cutting-edge advancements. Our progress in digital technologies, the energy transition, infrastructure resiliency, and sustainability have propelled us to new heights. We generated over $100 million in gross revenue for the first time. With the strongest earnings performance in the past 5 years and an impressive backlog exceeding $125 million, we are well-positioned to carry this momentum into 2023.

RESPEC employee-owners are the driving force behind our success. That’s why we remain focused on elevating our commitment to Passion, Accountability, Caring, and Teamwork. With PACT as our guiding principles, we have strengthened our workforce, enhanced employee-owner benefits, and opened more channels of communication.

RESPEC will always ensure our employee-owners have what they need to thrive.

Now, we see Vision 2025 on the horizon. As a 53-year-old company, we are building a sustainable future for many generations to come. We have appointed three employee-owners to executive leadership positions, establishing our newest line of succession and organizational sustainability. We also laid the groundwork for the RESPEC Foundation, which engages our employee-owners and financial resources to improve the quality of life for all.

What an exciting time to be a part of RESPEC! The success of 2022 has set the stage for even greater accomplishments in the years ahead. We are grateful for the commitment and contributions of our employee-owners and their families. We look forward to advancing the opportunities for our collective success.

Todd J. Kenner CHIEF EXECUTIVE OFFICER