Primoris Q1 2026: revenue $1.6B (-5.4% YoY), adj EPS $0.59 ($0.98 prior), acquires PayneCrest Electric

For the first quarter of 2026, Primoris reported the following highlights (1) : ● Revenue of $1.6 billion, down $0.1 billion, or 5.4%, compared to the first quarter of 2025 primarily driven by lower revenue in the Energy segment, partially offset by growth in the Utilities segment; ● Net income of $17.4 million, or $0.32 per diluted share, down $26.8 million, or $0.49 per diluted share, from the first quarter of 2025;

The Company’s Annual Meeting was held on April 30, 2026. The total number of shares of the Company’s Common Stock issued, outstanding and entitled to vote at the meeting was 54,231,528 shares. Represented at the meeting, either in person or by proxy were 50,741,458 shares, or 93.6% of shares entitled to vote. The results of the votes for the proposals were as follows: Proposal 1 To elect Directors to hold office for a one-year term expiring at the annual meeting of stockholders to be held in 2027 or until a successor is elected and qualified. ● Michael E. Ching o Votes “For” – 48,073,792; votes “Withheld” – 318,689; Broker “Non-Votes” – 2,348,977 ● David L. King o Votes “For” – 47,875,455; votes “Withheld” – 517,026; Broker “Non-Votes” – 2,348,977 ● Carla S. Mashinski o Votes “For” – 47,781,735; votes “Withheld” – 610,746; Broker “Non-Votes” – 2,348,977 ● Terry D. McCallister o Votes “For” – 47,817,407; votes “Withheld” – 575,074; Broker “Non-Votes” – 2,348,977 ● Jose R. Rodriguez o Vo

Proposal 3 ​ Ratification of the selection of Baker Tilly US, LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2026. ​ ● Votes “For” – 50,284,082 ● Votes “Against” – 410,246 ● Votes “Abstain” – 47,130

Proposal 2 ​ Advisory vote on the Company’s Named Executive Officer Compensation. ​ ● Votes “For” – 45,927,456 ● Votes “Against” – 2,386,231 ● Votes “Abstain” – 78,794 ● Broker “Non-Votes” – 2,348,977