MATRIX SERVICE CO — fact timeline

Shawn P. Payne was elected as Director at MATRIX SERVICE CO.

“the Board of Directors (the “Board”) of the Company has elected Shawn P. Payne as a Director of the Company effective July 1, 2026”

MATRIX SERVICE CO reported third quarter of fiscal 2026 ended March 31, 2026 results: revenue $206.7 million, net income $0.8 million, EPS $0.03 per diluted share. Guidance reaffirmed.

“the energy and industrial markets, today announced financial results for the third quarter of fiscal 2026 ended March 31, 2026. THIRD QUARTER FISCAL 2026 HIGHLIGHTS • Revenue of $206.7 million • Net income of $0.8 million, or $0.03 per diluted share • Adjusted net income (1) of $3.8 million, or $0.13 per diluted share • Adjusted EBITDA (1) of $4.9 million • Liquidity”

Nancy E. Austin departed as Vice President and Chief Administrative Officer at MATRIX SERVICE CO.

“Ms. Austin will step down as Vice President and Chief Administrative Officer of the Company effective as of May 7, 2026.”

Kevin S. Cavanah departed as Vice President of Finance and Chief Financial Officer at MATRIX SERVICE CO.

“Kevin S. Cavanah, Vice President of Finance and Chief Financial Officer, and Nancy E. Austin, Chief Administrative Officer, will step down from their respective positions on the terms substantially as described below.”

Glyn A. Rodgers departed as President of Matrix PDM Engineering at MATRIX SERVICE CO.

“In connection with this and other organizational changes, effective April 30, 2025, Mr. Alan R. Updyke, Chief Operating Officer of Matrix Service Company and Mr. Glyn A. Rodgers, President of Matrix PDM Engineering, Inc., a wholly owned subsidiary of Matrix will no longer be employed with the Company.”

Alan R. Updyke departed as Chief Operating Officer at MATRIX SERVICE CO.

“In connection with this and other organizational changes, effective April 30, 2025, Mr. Alan R. Updyke, Chief Operating Officer of Matrix Service Company and Mr. Glyn A. Rodgers, President of Matrix PDM Engineering, Inc., a wholly owned subsidiary of Matrix will no longer be employed with the Company.”

Shawn P. Payne changed role as President Engineering & Construction at MATRIX SERVICE CO.

“Mr. Shawn P. Payne has been promoted to the newly created position of President Engineering & Construction, Matrix Service Company, effective May 5, 2025.”

MATRIX SERVICE CO reported the third quarter fiscal 2024 ended March 31, 2024 results: revenue $166.0 million, EPS ($0.53).

“+74% on a year-over-year basis, the highest level in 40-year company history • Total project awards of $186.8 million, resulting in a book-to-bill ratio of 1.1x • Revenue of $166.0 million, a decline of 11% on a year-over-year basis • Adjusted EBITDA of ($9.8) million (1) versus ($7.7) million in the prior-year period • Net loss per share of ($0.53) • Cash flow”

MATRIX SERVICE CO reported the second quarter of fiscal 2024 results: revenue $175.0 million.

“increased to $1.45 billion, the highest level in the company's history; project awards in the quarter of $230.8 million resulted in a book-to-bill ratio of 1.3. • Revenue of $175.0 million in the second quarter of fiscal 2024. • Direct gross margins have returned to historical double-digit levels in the first half of fiscal 2024; impact of under-recovery is”

MATRIX SERVICE CO shareholders approved To Approve the Frequency of Future Advisory Votes on Named Executive Officer Compensation at the 2023-11-14 meeting.

“Proposal Four - To Approve the Frequency of Future Advisory Votes on Named Executive Officer Compensation The stockholders voted to approve the frequency of future advisory votes on named executive officer compensation. The results were as follows: 1 year 16,997,647 2 years 22,697 3 years 1,587,007 Abstentions 120,569 Broker non-votes 5,087,632”

MATRIX SERVICE CO shareholders approved Advisory Vote to Approve Named Executive Officer Compensation at the 2023-11-14 meeting.

“Proposal Three - Advisory Vote to Approve Named Executive Officer Compensation The stockholders voted to approve, on an advisory basis, named executive officer compensation for fiscal 2023. The results were as follows: For 15,259,125 Against 3,408,660 Abstentions 60,135 Broker non votes 5,087,632”

MATRIX SERVICE CO shareholders approved Ratification of Selection of Independent Registered Public Accounting Firm at the 2023-11-14 meeting.

“Proposal Two - Ratification of Selection of Independent Registered Public Accounting Firm The proposal to ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for fiscal 2024 was approved. The results of the vote were as follows: For 23,227,203 Against 500,707 Abstentions 87,642”

MATRIX SERVICE CO shareholders approved Election of Directors at the 2023-11-14 meeting.

“On November 14, 2023, the Company held its 2023 Annual Meeting of Stockholders (the "Annual Meeting"). Set forth below are the matters acted upon by the stockholders at the Annual Meeting, and the final voting results of each such proposal. Proposal One - Election of Directors The nominees for election to the Board of Directors were elected to serve for a term expiring at the 2024 Annual Meeting of Stockholders or until their successors shall be duly elected and qualified. The results of the vote were as follows: Nominee Votes For Votes Against Abstentions Broker Non Votes Jose L. Bustamante 16,290,998 2,423,821 13,101 5,087,632 Martha Z. Carnes 16,677,210 2,044,467 6,243 5,087,632 John D. Chandler 18,327,821 387,876 12,223 5,087,632 Carlin G. Conner 16,627,527 2,093,044 7,349 5,087,632 John R. Hewitt 18,493,430 224,448 10,042 5,087,632 Liane K. Hinrichs 16,277,063 2,443,911 6,946 5,087,632 James H. Miller 15,292,021 3,424,089 11,810 5,087,632”

MATRIX SERVICE CO reported first quarter of fiscal 2024 results: revenue $197.7 million, EPS loss per share of $0.12.

“in a book-to-bill ratio of 2.5. • Backlog increased by 126% to $1.4 billion compared to the same period a year ago; highest backlog level since June 30, 2015. • Revenue of $197.7 million in the first quarter of fiscal 2024 compared to $205.9 million in the fourth quarter of fiscal 2023. Revenue is expected to improve in the second half of the fiscal year as a”

MATRIX SERVICE CO reported fourth quarter and year ended June 30, 2023 results: revenue $205.9 million, net income net loss of $0.3 million, or $0.01 per share, EPS $0.01 per share.

“$1.1 billion compared to the third quarter of fiscal 2023, and by 85% since the start of the fiscal year; highest backlog level since June 30, 2019 • Fourth quarter revenue of $205.9 million, an increase of 10% compared to the third quarter of fiscal 2023; full fiscal year revenue of $795.0 million • Loss per fully diluted share of $0.01 in the fourth quarter;”

MATRIX SERVICE CO reported third quarter of fiscal 2023 results: revenue $186.9 million, EPS $0.47 per share.

“Third quarter revenue of $186.9 million, an increase of 6% compared to the third quarter of fiscal 2022 • Loss per share of $0.47; adjusted loss per share of $0.33 (1)”

MATRIX SERVICE CO: Board adopted Third Amended and Restated Bylaws effective immediately, updating provisions for Universal Proxy Rules, stockholder list availability, and adjournment procedures to reflect DGCL amendments (effective 2023-05-02).

“On May 2, 2023, the Board of Directors (the “Board”) of the Company adopted and approved the Company’s Third Amended and Restated Bylaws (the “Third Amended and Restated Bylaws”), effective immediately.”

MATRIX SERVICE CO reported the second quarter of fiscal 2023 results: revenue $193.8 million, EPS loss per share of $1.22.

“to the energy and industrial markets across North America, today reported financial results for its second quarter of fiscal 2023. Key highlights: • Second quarter revenue of $193.8 million, an increase of 20% compared to the second quarter of fiscal 2022 • Project awards in the quarter of $318.7 million, the highest level since the first quarter of fiscal 2020 •”

MATRIX SERVICE CO: Amended Article TENTH to provide exculpation of liability for officers for certain breaches of fiduciary duties (effective 2022-12-05).

“Article TENTH of the Amended and Restated Certificate was amended to provide for exculpation of liability for officers of the Company for certain breaches of fiduciary duties, similar to the protections currently available for directors of the Company.”

MATRIX SERVICE CO shareholders approved Approval of Amended and Restated Certificate of Incorporation to provide for exculpation of officers at the 2022-12-05 meeting.

“Proposal Five - To Approve the Amended and Restated Company's Certificate of Incorporation The stockholders voted to approve the amendment and restatement of the Company's Certificate of Incorporation to provide for the exculpation of officers. The results were as follows: For 16,347,676 Against 1,900,560 Abstentions 1,077,393 Broker non votes 3,069,759”

MATRIX SERVICE CO shareholders approved Amendment of the Company's 2020 Stock and Incentive Compensation Plan to increase authorized shares at the 2022-12-05 meeting.

“Proposal Four - To Approve Amendment of the Company's 2020 Stock and Incentive Compensation Plan The stockholders voted to approve the amendment of the Company's 2020 Stock and Incentive Compensation Plan to increase the number of shares of Common Stock of the Company authorized for issuance thereunder from 1,725,000 to 2,350,000. The results were as follows: For 16,054,610 Against 2,229,938 Abstentions 1,041,081 Broker non votes 3,069,759”

MATRIX SERVICE CO shareholders approved Advisory Vote to Approve Named Executive Officer Compensation at the 2022-12-05 meeting.

“Proposal Three - Advisory Vote to Approve Named Executive Officer Compensation The stockholders voted to approve, on an advisory basis, named executive officer compensation for fiscal 2022. The results were as follows: For 15,215,540 Against 2,906,297 Abstentions 1,203,792 Broker non votes 3,069,759”

MATRIX SERVICE CO shareholders approved Ratification of Selection of Independent Registered Public Accounting Firm at the 2022-12-05 meeting.

“Proposal Two - Ratification of Selection of Independent Registered Public Accounting Firm The proposal to ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for fiscal 2023 was approved. The results of the vote were as follows: For 21,093,361 Against 537,042 Abstentions 764,985”

MATRIX SERVICE CO shareholders approved Election of Directors at the 2022-12-05 meeting.

“Proposal One - Election of Directors The nominees for election to the Board of Directors were elected to serve for a term expiring at the 2023 Annual Meeting of Stockholders or until their successors shall be duly elected and qualified. The results of the vote were as follows: Nominee Votes For Votes Against Abstentions Broker Non Votes Jose L. Bustamante 18,666,633 538,364 120,632 3,069,759 Martha Z. Carnes 18,915,663 289,295 120,671 3,069,759 John D. Chandler 18,566,454 617,933 141,242 3,069,759 Carlin G. Conner 18,895,123 289,345 141,161 3,069,759 John R. Hewitt 18,556,632 712,276 56,721 3,069,759 Liane K. Hinrichs 18,879,884 304,554 141,191 3,069,759 James H. Miller 17,950,220 1,324,248 51,161 3,069,759 Jim W. Mogg 18,948,724 325,874 51,031 3,069,759”

MATRIX SERVICE CO reported the first quarter of fiscal 2023 results: revenue $208.4 million, net income net loss of $6.5 million, EPS $0.24 per share.

“to the energy and industrial markets across North America, today reported financial results for its first quarter of fiscal 2023. Key highlights: • First quarter revenue of $208.4 million, an increase of 24% compared to the first quarter of fiscal 2022 and a 4% increase compared to the fourth quarter of fiscal 2022 • Project awards in the quarter of $234.6”

Shawn P. Payne was appointed as President – Matrix Service at MATRIX SERVICE CO.

“In connection with Mr. Rinehart’s departure and as part of a succession planning, Matrix Service has promoted Shawn P. Payne to President – Matrix Service, effective September 1, 2022.”

Bradley J. Rinehart departed as President – Matrix Service Inc. at MATRIX SERVICE CO.

“Effective August 31, 2022, Mr. Bradley J. Rinehart, President – Matrix Service Inc. (“Matrix Service”), a wholly-owned subsidiary of Matrix Service Company, Inc. (the "Company"), will no longer be employed by Matrix Service.”

Jose Luis Martin de Bustamante was appointed as member of the Board of Directors at MATRIX SERVICE CO.

“On May 10, 2022, the Board of Directors of Matrix Service Company (the “Company”), upon the recommendation of the Nominating and Corporate Governance Committee of the Board of Directors, increased the size of the Board from seven to eight members and appointed Jose Luis Martin de Bustamante to serve as a member of the Board of Directors, to fill the resulting vacancy, for a term commencing on May 10, 2022”