QUANTA 2021 SUSTAINABILITY REPORT

CONNECTING PEOPLE: POWERING TOMORROW

Quanta is at the heart of helping society meet its biggest challenges — building the infrastructure necessary to support a net-zero economy and enabling a people-centered transition. As the energy transition gains pace, our singular focus on having the most skilled and highly trained workforce in the industries we serve puts us at the intersection of creating both business and societal value. At Quanta, we are connecting people to clean energy, information and opportunity.

We are proud to be playing a leading role in driving the energy transition and sharing our progress.

Download Our Full 2021 Sustainability Report
Quanta Sustainability
A Message
From Our CEO

Earl C. “Duke” Austin, Jr., shares about Quanta’s commitments to people, planet, and principles.

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2021
Highlights

This year’s highlights underscore our continuing commitment to addressing societal challenges and serve to highlight our leadership position in building the energy transition in North America.

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Our Role In
Society

At Quanta, we are at the heart of a tectonic change in the way energy is generated and distributed. As Quanta grows, so does our positive impact on the world.

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2021: The Year in Stories

Creating an Industry-Leading Energy Transition Platform

In 2021 Quanta Services acquired Blattner Company (Blattner), one of the largest and leading utility-scale renewable energy infrastructure solutions providers in North America. Diversified across technology and geography in North America and operating across three main sectors — wind, solar and energy storage — Blattner provides front-end engineering, procurement, project management and construction services to the renewable energy industry. Blattner’s services, customers and end markets are complementary to Quanta’s. Consequently, both companies are focused on the most active and attractive electric infrastructure solutions that support grid modernization, system hardening, electrification and renewables. This combination positions Quanta as a leader in the North American energy transition to a carbon-neutral economy.

10M+ tons CO2

In 2021 Blattner constructed 6,417 MW of wind and solar capacity to displace more than 10 million tons of CO2 from the grid.

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Responding to Natural Disasters and Extreme Weather Events

Extreme weather events struck many parts of the country in 2021, impacting nearly one in three Americans. These events included Hurricane Ida in the Gulf Coast, Hurricane Henri and the remnants of Hurricane Ida in the Mid-Atlantic and Northeast, repeated severe thunderstorms and tornadoes in many parts of the Midwest and catastrophic wildfires in the West.

Quanta team members worked multiple shifts to offer 24-hour support to the restoration efforts and are working with their customers to make America’s power infrastructure needs more resilient to severe weather events and wildfires.

1.8M man hours

spent restoring power services in response to named storms in 2021

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LUMA: Making Immediate Progress

LUMA’s purpose is to rebuild and transform Puerto Rico’s electricity system after years of neglect, lack of maintenance and disrepair made worse by a series of devastating hurricanes and earthquakes.

The 3,000 men and women of LUMA are proud to serve the people of Puerto Rico and immediate dramatic improvements have been made to fundamentally transform and modernize the energy grid.

68%

Improvement in Total Recordable Injury Rate (TRIR)

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Our Role in Society

HOW QUANTA IS POWERING THE ENERGY TRANSITION

At Quanta, we are at the heart of a tectonic change in the way energy is generated and distributed. By supporting our customers across all industries, and by always putting safety first, we are enabling and accelerating the transition to a carbon-neutral and information and digital future. As Quanta grows, so does our positive impact on the world.

Download Our Full 2021 Sustainability Report

Methane Leakage Prevention & Detection

Through our leading pipeline integrity work, we replace old gas distribution and pipeline infrastructure to ensure safety and prevent methane leakage, eliminating a potential major source of greenhouse gas emission.

Electrification & Decarbonization
System Modernization & Resiliency

Advanced Biofuels

Quanta companies are working with their customers to construct advanced biofuel facilities, such as renewable diesel and renewable natural gas (RNG), utilizing carbon circularity to turn organic matter into energy sources.

Electrification & Decarbonization

Safety & Training

People are our most important asset. By investing in our craft-skilled workforce, we benefit our employees, our customers and the overall industry. To create a sustainable workforce for the future, we are ensuring employee safety by investing more than $100 million in training programs and facilities.

Electrification & Decarbonization
System Modernization & Resiliency
Enabling Technology

Building the Electrification of Mobility

As the powertrain transition shifts into overdrive, Quanta companies are working with customers to construct an electric vehicle charging network across the U.S.

Electrification & Decarbonization
System Modernization & Resiliency
Enabling Technology

Enabling Digital Equity With Next-Generation Telecommunications

Quanta Services companies are working with customers to expand access to high-quality and affordable communication services, allowing people to move across the digital inclusion continuum: from increasing technology access to developing skills to ultimately leveraging those skills for economic mobility. This is an important facilitator of social inclusion for individuals that are economically disadvantaged to develop technology skills and expand their horizons.

System Modernization & Resiliency
Enabling Technology

Renewable Energy Infrastructure

Supported by strong tailwinds of decarbonization and levelized cost of energy, Quanta, through its acquisition of Blattner, has created an industry-leading renewables infrastructure platform.

In 2021 Blattner constructed enough wind and solar capacity to displace more than 11 million tons of CO2 from the grid.

Electrification & Decarbonization

Utility-Scale Energy Storage

Quanta is poised to install record amounts of battery storage in the coming years as the U.S. market for stationary batteries is projected to grow from about $1 billion in 2020 to $14 billion by 2030.

Electrification & Decarbonization
System Modernization & Resiliency

Connecting Renewables Projects

Quanta Services, together with its family of companies, is leading the construction of transmission to connect renewable projects to the grid. The United States will need to add about twice as much transmission as we have today to fully decarbonize by 2050.

Electrification & Decarbonization
System Modernization & Resiliency

Renewable Energy Infrastructure

Supported by strong tailwinds of decarbonization and levelized cost of energy, Quanta, through its acquisition of Blattner, has created an industry-leading renewables infrastructure platform.

In 2021 Blattner constructed enough wind and solar capacity to displace more than 11 million tons of CO2 from the grid.

Electrification & Decarbonization

Methane Leakage Prevention & Detection

Through our leading pipeline integrity work, we replace old gas distribution and pipeline infrastructure to ensure safety and prevent methane leakage, eliminating a potential major source of greenhouse gas emission.

Electrification & Decarbonization
System Modernization & Resiliency

Advanced Biofuels

Quanta companies are working with their customers to construct advanced biofuel facilities, such as renewable diesel and renewable natural gas (RNG), utilizing carbon circularity to turn organic matter into energy sources.

Electrification & Decarbonization

Safety & Training

People are our most important asset. By investing in our craft-skilled workforce, we benefit our employees, our customers and the overall industry. To create a sustainable workforce for the future, we are ensuring employee safety by investing more than $100 million in training programs and facilities.

Electrification & Decarbonization
System Modernization & Resiliency
Enabling Technology

Building the Electrification of Mobility

As the powertrain transition shifts into overdrive, Quanta companies are working with customers to construct an electric vehicle charging network across the U.S.

Electrification & Decarbonization
System Modernization & Resiliency
Enabling Technology

Enabling Digital Equity With Next-Generation Telecommunications

Quanta Services companies are working with customers to expand access to high-quality and affordable communication services, allowing people to move across the digital inclusion continuum: from increasing technology access to developing skills to ultimately leveraging those skills for economic mobility. This is an important facilitator of social inclusion for individuals that are economically disadvantaged to develop technology skills and expand their horizons.

System Modernization & Resiliency
Enabling Technology

Renewable Energy Infrastructure

Supported by strong tailwinds of decarbonization and levelized cost of energy, Quanta, through its acquisition of Blattner, has created an industry-leading renewables infrastructure platform.

In 2021 Blattner constructed enough wind and solar capacity to displace more than 11 million tons of CO2 from the grid.

Electrification & Decarbonization

Utility-Scale Energy Storage

Quanta is poised to install record amounts of battery storage in the coming years as the U.S. market for stationary batteries is projected to grow from about $1 billion in 2020 to $14 billion by 2030.

Electrification & Decarbonization
System Modernization & Resiliency

Connecting Renewables Projects

Quanta Services, together with its family of companies, is leading the construction of transmission to connect renewable projects to the grid. The United States will need to add about twice as much transmission as we have today to fully decarbonize by 2050.

Electrification & Decarbonization
System Modernization & Resiliency

Renewable Energy Infrastructure

Supported by strong tailwinds of decarbonization and levelized cost of energy, Quanta, through its acquisition of Blattner, has created an industry-leading renewables infrastructure platform.

In 2021 Blattner constructed enough wind and solar capacity to displace more than 11 million tons of CO2 from the grid.

Electrification & Decarbonization

2021 At A Glance

$1.83 B
in revenue from Quanta’s Renewable Energy Infrastructure Solution Segment
10.5% Reduction
in fleet CO2 intensity (g C02/$ revenue) since 2019
6,857 MW
installed by Blattner’s construction of wind, solar and energy storage projects in 2021
11.9 M TONS CO2 AVOIDED
from the installation of Blattner’s wind and solar projects in 2021
500+
electric Chevrolet Silverado trucks that Quanta has agreed to purchase
$742M
in diverse supplier spend, a 9% increase from 2020
31% Minorities Trained
at campus career programs at Northwest Lineman College (NLC), an increase from 26% since 2019
Increase Board Diversity
to 30% female and 10% minority
15,123 People
trained in campus career programs at Northwest Lineman College (NLC), a 16% increase from 2019
3,157
personal voltage detectors (PVDs) purchased for storm responders in 2021, an 85% increase from 2020
11,000+
automated external defibrillator (AED) units deployed to job sites
8% Decrease
in Total Recordable Incident Rate (TRIR) YOY
1.8 Million Man-Hours
spent restoring power services in response to named storms in 2021
Download Our Full 2021 Sustainability Report

About Us

Quanta Services is the leading specialty contractor with the largest and most highly trained workforce in North America — providing fully integrated infrastructure solutions for the electric power, underground utility and communications industries. The company’s geographic footprint spans the United States, Canada and Australia, and its network of companies ensures world-class execution with local delivery.

Who is Quanta?

Quanta’s comprehensive services throughout North America and Australia include designing, installing, repairing and maintaining energy and communications infrastructure that helps enable the carbon-neutral grid of the future.

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Leadership

Quanta Services has been built on a history of strong, innovative and entrepreneurial leaders.

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Metrics & Reports

Quanta’s 2021 Sustainability Report and this website (and oral statements regarding the subject matter of the report and website) include forward-looking statements intended to qualify under the “safe harbor” from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include any statements reflecting Quanta’s business or financial outlook; expectations regarding opportunities, technological developments, competitive positioning, future economic and regulatory conditions and other trends in particular markets or industries, including with respect to Quanta’s increased operations in the renewable energy market and the transition to a carbon-neutral economy; expectations regarding Quanta’s plans, strategies and opportunities; the potential benefits from, and future financial and operational performance of, acquired businesses and investments, including Blattner Holding Company and Quanta’s investment in LUMA Energy, LLC; the business plans or financial condition of Quanta’s customers; the development of and opportunities with respect to future projects, including renewable energy projects and other projects designed to support transition to a carbon-neutral economy, electrical grid modernization, upgrade and hardening projects, and larger transmission and pipeline projects; the expected impact of changes or potential changes to climate; the impact of existing or potential legislation or regulation; and potential opportunities that may be indicated by bidding activity or discussions with customers; as well as other statements reflecting expectations, goals, targets, intentions, strategies, assumptions, plans or beliefs about future events or performance or that do not solely relate to historical or current facts. These forward-looking statements are not guarantees of future performance; rather they involve or rely on a number of risks, uncertainties, and assumptions that are difficult to predict or are beyond our control, and reflect management’s beliefs and assumptions based on information available at the time the statements are made. We caution you that actual outcomes and results may differ materially from what is expressed, implied or forecasted by our forward-looking statements and that any or all of our forward-looking statements may turn out to be inaccurate or incorrect. For additional information concerning some of the risks, uncertainties, assumptions and other factors that could affect our forward-looking statements, please refer to Quanta’s Annual Report on Form 10-K for the year ended Dec. 31, 2021, Quanta’s Quarterly Reports on Form 10-Q and other documents filed with the U.S. Securities and Exchange Commission, which are available on our website (www.quantaservices.com). Should one or more of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements. You should not place undue reliance on Quanta’s forward-looking statements, which are current only as of the date Quanta’s 2021 Sustainability Report is published. Quanta does not undertake and expressly disclaims any obligation to update or revise any forward-looking statements to reflect events or circumstances after such date or otherwise, and Quanta does not undertake and expressly disclaims any obligation to verify any written or oral statements made by any third party regarding the subject matter of this report or this website.

The information contained in Quanta’s 2021 Sustainability Report and on this website has not been audited by any independent auditor. The information contained in the report and on this website is prepared as a reference tool, and Quanta may elect to modify the format or discontinue publication of such information at any time without notice.