Amendment to CEO's Executive Employment Agreement

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entered into an Amended and Restated Executive Employment Agreement with its Chief Executive Officer, Joseph A. Cutillo. The agreement, effective January 1, 2024, amends the previous agreement by increasing Mr. Cutillo's annual base salary to $1,000,000, setting new targets for his short-term and long-term incentive awards, and updating his enhanced severance provisions in the event of a termination without cause or by him for good reason in connection with a change of control. Additionally, Mr. Cutillo received a special performance-based restricted share unit agreement as part of the amendment.

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About Sterling Infrastructure Inc.

Sterling Infrastructure Inc. is a diversified infrastructure services company primarily focused on heavy civil engineering and construction services throughout the United States. This enterprise specializes in the development of transportation and water infrastructure, site development, and remediating hazardous waste sites. With operations encompassing key areas such as highways, bridges, railways, airports, and water containment and treatment facilities, Sterling Infrastructure Inc. plays a crucial role in bolstering the nation's foundational framework. The company's projects often involve collaborations with public sector entities, reflecting its significance in executing large-scale initiatives vital to urban development and environmental sustainability. As a company listed on a major stock exchange, Sterling Infrastructure Inc. is pivotal within the construction and engineering sectors, addressing both commercial and government needs and contributing substantially to economic growth and regional connectivity.