Granite shareholders approve officer exculpation amendment, elect three directors at annual meeting

As further described in Item 5.07 to this Current Report on Form 8-K, at the Annual Meeting of Shareholders held on June 8, 2023 (the “Annual Meeting”), the shareholders of Granite Construction Incorporated (the “Company”) approved an amendment to the Company’s Certificate of Incorporation to eliminate personal liability of officers for monetary damages for breach of fiduciary duty as an officer (the “Exculpation Amendment”). On June 8, 2023, the Company filed the Exculpation Amendment with the Delaware Secretary of State, which became effective on filing.

Proposal to approve the Exculpation Amendment to eliminate personal liability of officers for monetary damages for breach of fiduciary duty as an officer: For Against Abstain Broker Non-Votes 31,957,311 4,217,493 66,766 3,974,786

Advisory vote on the compensation of the Company’s named executive officers: For Against Abstain Broker Non-Votes 35,767,661 413,975 59,934 3,974,786

Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023: For Against Abstain 38,638,958 1,531,859 45,539

1. The election of three director nominees for a term set to expire at the 2026 Annual Meeting of Shareholders and until their successors are elected and qualified: Nominee For Against Abstain Broker Non-Votes David C. Darnell 32,422,086 3,796,057 23,427 3,974,786 Kyle T. Larkin 35,925,155 287,574 28,841 3,974,786 Celeste B. Mastin 31,387,538 4,728,466 125,566 3,974,786

Advisory vote on the frequency of holding an advisory vote on the compensation of the Company’s named executive officers: Every One Year Every Two Years Every Three Years Abstain Broker Non-Votes 34,253,454 181,674 1,669,945 136,497 3,974,786