Construction Partners completes stock exchanges shifting voting power to SunTx affiliates

Construction Partners, Inc.

SunTx Partners II exchanged 132,682 Class A shares for Class B; SunTx Dutch LP exchanged 67,318 Class A for Class B.
AMDG and CJCT each exchanged 100,000 Class B shares for Class A shares.
Total shares of each class outstanding unchanged after net 200,000 share swap between classes.
Class B shares carry 10 votes per share vs. 1 vote per Class A share, increasing SunTx voting control.
Shares issued without commission under Section 3(a)(9) exemption; effective December 1, 2023.

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