Stantec Consulting Ltd.

Welcome to Stantec! Since our founding in 1954, we've evolved from a local engineering firm serving a few clients into a global professional services organization serving several thousand clients across North America and internationally. Our unending commitment to our core values—embracing high standards of personal and business integrity, respecting and valuing people, celebrating teamwork, meeting our clients' needs, and maintaining profitability—have made Stantec the successful company it is today and created the foundation for what it will be tomorrow.

We are proud of our history and continuous profitability and confident about our future. Our vision is to become and remain a top 10 global design firm. As a top 10 firm, we will be able to better meet our clients' needs and to give our employees—our most important competitive resource—opportunities to provide the best services working with the best clients on the best projects. Being the best means striving for excellence, consistency, and effectiveness in our clients' eyes.

I invite you to take a virtual look at our Company to learn more about how Stantec can help you find sustainable solutions for your infrastructure and facilities projects, why we are passionate about our work at Stantec and the many career opportunities available, and what makes Stantec an attractive investment.

Bob Gomes
President & CEO

Message from the chairman, Ron Triffo
At Stantec we have an obligation to our shareholders, clients, employees, and suppliers and to the communities where we do business to govern the Company in their best interests. We recognize this obligation and take it very seriously.

Ensuring that we meet this obligation begins with leadership and commitment from our board of directors as well as a clear set of governance principles that define roles and relationships among the board of  directors, management, and other stakeholders.

We have developed and implemented policies and guidelines that serve to enhance our accountability and further protect the interests of Stantec’s stakeholders. At Stantec we believe that good governance is not merely a legal requirement but also the right thing to do because it speaks to upholding the highest levels of ethics and integrity while conducting business.

The board of directors presently has nine members, the majority of whom are from outside Stantec. Seven of the current directors are unrelated to Stantec, independent of its management, and free from any interest or relationship that could materially interfere with their ability to act in the best interests of the Company.

Ronald Triffo	Robert J. Gomes		Robert J. Bradshaw
Susan E. Hartman	David L. Emerson		Aram H. Keith
Anthony P. Franceschini	Ivor M. Ruste		Paul Cellucci

Audit Committee		Corporate Governance and Compensation Committee
Ivor M. Ruste, Chairman		Robert J. Bradshaw, Chairman
David L. Emerson		Paul Cellucci
Susan E. Hartman		Aram H. Keith

Integrity
At Stantec we embrace the highest standards of personal and professional integrity, and Our business principles are never compromised. Our ideals are those shared by all good companies-good governance, transparent accounting, and the delivery of long-term shareholder value.

Our business is based on solid practices-a matrix organizational structure that balances the operational and technical aspects of our Company; a focused business model that allows us to manage risk while pursuing continued growth; Risk Management and Practice Enhancement teams dedicated to ensuring good professional practices and loss prevention; and training and development for employees throughout our organization. As our Company evolves, we continue to invest in staff training. We are committed to having the best-trained, best-informed, and best-equipped employees in our industry in order to improve our client service delivery.

At Stantec we know the integrity of a company's board of directors sets the tone for its operations, and we have in place a remarkable group of nine qualified, knowledgeable directors. All members of our board fulfill their roles guiding the management of the Company's business and affairs while adhering to sound corporate governance practices. Our corporate governance model complies with the corporate governance guidelines set out in National Policy 58-201 (NP 58-201), addressing practices in three major areas: stewardship, independence, and expertise.

Stewardship
In assuming responsibility for the stewardship of the Company, our board participates—once yearly—in Stantec’s strategic planning process with senior management along with periodically reviewing management’s performance on key strategic and operational objectives. Succession planning, particularly for the President & CEO, also comes under board review as well as compensation of board members. Other responsibilities include identifying the Company’s principal risks and regularly monitoring the systems in place for managing these risks in order to protect shareholder value. Our board also performs the important task of defining the responsibilities of management by establishing limits of authority and ensuring the integrity of internal control and management information systems.

Independence
In keeping with corporate governance guidelines, we maintain a board structure in which a majority of directors are independent. As well, the board’s two committees, the Corporate Governance and Compensation Committee and the Audit Committee, are both composed entirely of independent directors. Each board meeting includes a session held without management present. The Corporate Governance and Compensation Committee carries out performance assessments of the board and its committees on an annual basis and may authorize individual directors to consult independent advisors at the Company’s expense.

Expertise
One step we take to achieve compliance with the NP 58-201 guidelines for supporting board quality and expertise is to host management presentations at board meetings throughout the year on topics relating to different aspects of the Company’s business. We also hold at least one meeting per year at a location other than Stantec’s corporate office to give directors the opportunity to meet with local managers in our three regions. Additional practices include maintaining a Directors’ Reference Manual, which is updated regularly, and having measures in place to ensure the financial literacy and expertise of our Audit Committee. When necessary, we provide orientation and education for new directors.

Our core Company values guide us in all that we do.

Integrity
We embrace the highest standards of personal and professional integrity. Our business principles are never compromised.

People
Our people are our most important competitive resource; ultimately people determine our reputation and vitality. We respect and value input and opinion, and encourage self-improvement, innovation, creativity, and entrepreneurialism.

Teamwork
Teamwork is fundamental to our culture. We take pride in each other's achievements and treat each other with trust and respect.

Clients
Our professional services are the end results of our efforts, and they should be the best in our clients' eyes. Being the best means striving for excellence, consistency, and effectiveness.

Profits
Profits are the ultimate measure of how efficiently we provide clients with the best professional services for their needs.  Profits are required to succeed, grow, and add economic, environmental, and social value to our firm and society in general.

Stantec is one of North America's leading sustainable design firms. With more than 300 LEED® accredited professionals and a portfolio of hundreds of sustainable projects, we are applying sustainable practices in all aspects of our business. Our commitment is to meet the needs of the present while contributing to an environmentally sustainable future for approaching generations.

Stantec believes in an integrated approach to environmentally conscious design, one that involves all of our professional disciplines. Therefore, we provide sustainable design and consulting services in planning, architecture, engineering, surveying, and project management.

At Stantec sustainable design is responsible design that balances economic, social, and environmental values and constitutes the cornerstone of our vision.

Stantec contributes to organizations or designated programs primarily in communities where we have a significant employee presence. Priority is given to funding programs in the following areas:

• Arts
• Education
• Environment
• Health & Wellness

To this end, Stantec will target to donate one percent of its annual pretax profits to charitable and nonprofit organizations, encourage personal charitable giving by employees, and promote and facilitate volunteerism by employees. This target will be met through direct cash contributions or services in kind.

Arts

Support for the arts may include visual and performing arts organizations, museums, art education programs, symphonies, community art festivals, arts funds/councils, and public television/radio. Stantec does not fund individual artists.

Education

Support for this area focuses on scholarships and educational programs. Stantec is interested in supporting school/business partnerships and programs that help achieve objectives such as encouraging elementary or secondary students to pursue higher education or training with an emphasis on design disciplines. Generally, Stantec does not provide direct funding to student groups.

For information regarding Stantec scholarships, please inquire at your local university or college.

Environment

Support for the environment focuses on programs that promote sustainable development, environmental responsibility, energy efficiency, air quality, and climate change.

Health & Wellness

Support for this area focuses on recognized and credible health charities and organizations. Representative organizations and programs may include national, provincial, or state charitable health organizations; and/or regional hospitals and health centers.

Requests for support must be made via our online application form.
An initial review of your request will be made by a Company representative. If the request falls within our funding guidelines and meets the current interest and focus of Stantec's Community Investment Program, it will be reviewed at a Corporate and/or regional level. You may be asked to provide additional information prior to consideration.

Please allow at least 90 days for a response to your application.

In some cases, applications that do not meet community investment funding guidelines may be considered for marketing or business development investment. These requests will be forwarded to the appropriate department for consideration.

Since the Company cannot provide support for all the programs submitted to the Community Investment Program, we choose organizations that best meet our funding priorities and guidelines. At times, we may decline investing in a worthy program because we have already committed to budget for that priority.

Stantec's funding focus does not include organizations whose principles may pose a conflict with Stantec's values such as:

• Animal rights organizations or activists
• Beauty or talent contests
• Individual sponsorships
• Competitive or professional sports
• Labor groups
• Loans for small businesses
• Profit-making enterprises
• Ethnic or religious organizations, unless their services or resources are available equally to other groups
• Requests from third-party fundraisers
• Film production/publishing activities
• Conferences, seminars, or workshops
• Travel, accommodation, meal expenses, field trips, or tours
• Organizations that discriminate on the basis of race, religion, creed, gender, age, or disability

We believe that the word "sustainable" describes Stantec past, present, and future. For us, it means delivering on the triple bottom line of environmental, social, and economic responsibility. We provide sustainable solutions to our clients by offering cost-effective and environmentally responsible services that contribute to ensuring a viable, healthy future for our world. We take a sustainable approach to our projects, and we focus on life cycle solutions that encourage our clients to consider the environment and resource efficiency. In everything we do, we strive to ensure that our business practices and design approaches "meet the needs of the present without compromising the future."

This publication presents only a small sample of the many projects we work on, outlining the different ways we apply our sustainable values and expertise to project solutions. Our experience with and commitment to sustainability are indeed impressive. We were early pioneers in the use of constructed wetlands. We are leaders in the design and integration of light rail transit facilities into the urban fabric. We are designing the first Leadership in Energy and Environmental Design (LEED®)-certified airport in Canada and the second in North America. We provide services that support the installation and operation of wind farms for generating renewable energy. We help our clients rehabilitate and develop contaminated land sites. And we design innovative thermal control systems using seawater to eliminate the need for traditional chiller systems in facilities.

The publication also highlights some of our staff as well as office initiatives we put into practice every day. Our staff cycle and walk to work. We provide energy-efficient and low-emission vehicles for employees to use for intracity business travel. We practice vermiposting, a method of composting employing worm cultures, to promote environmentally friendly waste disposal. And we have installed a "green roof” at our headquarters to help reduce the "heat island" effect that is common in metropolitan areas and manage stormwater runoff.

We are passionate about sustainability, and we are committed to remaining on the forefront of our industry in providing sustainable solutions for our clients.

To request a copy of the publication, please contact us: sustainability@stantec.com

Stantec's business is focused on the world of infrastructure and facilities. It's the water we drink, the roadways we travel, the buildings we visit, the industries in which we work, and the neighborhoods we call home.

To contribute positively to our world, Stantec has adopted a triple bottom line approach, embracing and acting on our economic, environmental, and social responsibilities. We manage our opportunities and risks to find solutions that meet the needs of the present and contribute to a sustainable future for future generations.

Economic Sustainability
Stantec's 3D Business Model diversifies our risks throughout our operations and ensures we are not dependent on any single geographic region, practice area, or life cycle solution for our business.

Environmental Sustainability
Our solutions conserve energy and reduce the need for scarce natural resources. We focus on life cycle solutions that encourage our clients to consider the environment, and we look for opportunities for energy efficiency.

Social Sustainability
Stantec is a caring Company, committed to supporting growth in our communities through the enhancement of knowledge, prosperity, health, and quality of life. We support endeavors in arts, education, environment, and health & wellness through our community investment.

Stantec's vision is to become and remain a top 10 global design firm. We will attain this goal by achieving excellence in design and project delivery and by following an orderly growth plan that builds on our solid foundation.

We aim to work with the best clients on the best projects and to provide the best services.

Growth through a Strong Business Model
Stantec's services are delivered through a strong three-dimensional business model that is based on geographic diversification, practice area specialization, and provision of services in all phases of the project life cycle. This model diversifies our risks throughout our operations by ensuring that we are not dependent on any single geographic region, practice area, or life cycle solution for our business. Our focused business model also allows us to manage risk while increasing our revenue and earnings.

Growth through Acquisition
Our strength and competitive advantage is our proven ability to find, acquire, and integrate specialty or regionally dominant consulting firms into our unique corporate model—a model that has evolved through the successful integration of more than 80 acquisitions since 1976. We have learned to embrace and appreciate a culture of change, and we are confident that we will continue to grow and to bring greater value and opportunity to all our key stakeholders—employees, clients, and shareholders.

Growth through Teamwork
We are one company working together as a team. Our employees are passionate about their work, and our success is built on a solid foundation of their experience, expertise, and vitality.

Stantec, founded in 1954, provides professional consulting services in planning, engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics for infrastructure and facilities projects. Continually striving to balance economic, environmental, and social responsibilities, we are recognized as a world-class leader and innovator in the delivery of sustainable solutions. We support public and private sector clients in a diverse range of markets, at every stage, from initial concept and financial feasibility to project completion and beyond.

In simple terms, the world of Stantec is the water we drink, the routes we travel, the buildings we visit, the industries in which we work, and the neighborhoods we call home.

Our services are offered through approximately 9,300 employees operating out of over 150 offices in North America. Stantec trades on the TSX and on the NYSE under the symbol STN.

Stantec is One Team providing Infinite Solutions

Our strength and competitive advantage is our proven ability to find, acquire, and integrate specialty or regionally dominant consulting firms into our unique corporate model—one that has evolved through the successful integration of more than 50 acquisitions since 1976. We are confident that in a largely fragmented industry such as ours we will continue to grow at an orderly pace, bringing greater value and opportunity to all our key stakeholders.

Since 1997 we have acquired the assets or shares of the following companies:

At Stantec we strive to deliver a different kind of project solution to our clients―an integrated solution. Providing integrated solutions means everything from integrating our expertise from our multiple disciplines, practice areas, and offices, to working closely with our clients to meet their needs. To make the approach work effectively, we have created an environment that supports teamwork and the use of collaborative processes for all the services required on a project. Technology enables us to distribute information, plans, calculations, and designs between and among office locations―because part of the commitment to integrated design is to use best resources for the job, no matter where our staff is located.

We are proud of our ability to bring the best possible team together to the benefit of our clients, and we are passionate about working in collaboration with clients to find solutions for their projects.

Stantec strives to deliver a different kind of project solution to our clients—an integrated solution. Providing “integrated solutions” means everything from integrating our expertise from our multiple disciplines, practice areas, and offices to working in a variety of collaborative ways with clients and stakeholders to meet their needs and add value to their projects.

Solving problems. Increasing value. Affecting positive change. These are the goals of innovation, a process that starts with the interplay of inspired ideas and evolves into real-world solutions that meet aspirations and needs through the economical and responsible use of resources. The latest of our growing family of "Solutions" publications, Innovation tells the story of Stantec's many unique "firsts" that directly benefit our clients, drawing upon our "Global Expertise. Local Strength." philosophy.