This below information covers select regional environmental, social and governance (ESG) figures for January 1, 2023, to December 31, 2023, and is for WSP in New Zealand. For more detailed information, please refer to the WSP Global ESG Report.







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Objective

WSP Global Inc. and WSP New Zealand may make or provide statements or information in this document that are not based on historical facts, and which are considered to be forward-looking information or forward-looking statements under Canadian securities laws.  

Content of disclosure

Forward-looking statements relate to future events or future performance and may include, but are not limited to, estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact, including, our corporate GHG emissions objectives which include, without limitation, our objectives concerning measuring, disclosing and reducing our WSP Global and NZ greenhouse gas (GHG) emissions in our operations, supply chain and designs and advice, and specific actions we expect to take to reduce our energy consumption and GHG emissions. 
 

Assumption

We have made certain operational and other assumptions in preparing the forward-looking statements contained in this document. In particular, our ESG objectives are based on a number of assumptions, including, without limitation, assumptions regarding sufficiency of internal and external resources; our ability to maintain effective GHG management systems and processes, the continuation of supportive stakeholder engagement and collaboration; our ability to implement all necessary measures to achieve our climate and GHG targets, no new business acquisitions or technologies, investments or joint ventures that would materially increase our anticipated levels of GHG emissions, no negative impact on the calculation of our GHG emissions from refinements in or modifications to international standards our ability to collaborate with our vendors and suppliers, our ability to attract and retain talent to deliver design and advice to clients and other assumptions described in the “Forward-Looking Statements” sections of our most recent Global ESG Report, which sections are each incorporated by reference into this cautionary statement and which document is available on our website. If our assumptions turn out to be inaccurate, actual results or events could be materially different from what we expect. 

Disclosure of Risk Factors

Important risk factors that could cause actual results or events to differ materially from those expressed in, or implied by, the previously-mentioned forward-looking statements and other forward-looking statements contained in this statement, include, but are not limited to factors such as: failure to implement sufficient corporate and business initiatives; difficulty in accurately measuring, evaluating and disclosing our GHG performance; our inability to collect GHG data from acquired companies, including for historical years; unavailability of electric vehicles and/or failure to install electric vehicle chargers at leased office space; unavailability of energy efficient buildings; increases in real estate costs; our inability to collect energy, waste, procurement, cleaning, fleet, business travel and vendor GHG data from external data providers; our ability to estimate emissions; the unwillingness of suppliers to disclose GHG emissions data and reduce emissions; failure to accurately estimate the sustainability benefits of our client design and advice, failure to attract and retain qualified staff to support capturing opportunities associated with the low-carbon transition, changes made to regulations that may affect WSP’s business and the development of GHG requirement regulations as well as other risks detailed from time to time in reports filed by WSP Global Inc. with securities regulators or securities commissions or other documents that WSP Global Inc. makes public, which may cause events or results to differ materially from the results expressed or implied in any forward-looking statement. 

Risk factors stated above and other risk factors that could cause actual results or events to differ materially from our expectations expressed in, or implied by, our forward-looking statements are discussed in this statement as well as in WSP Global Inc.’s most recent annual Management’s Discussion and Analysis, which section is incorporated by reference into this cautionary statement. WSP’s forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained in this document are subject to change. Except as may be required by applicable securities laws. We do not undertake any obligation to update or revise any forward-looking statements contained in this statement.