AECOM selected as delivery partner for Eglinton Crosstown West Extension in Toronto

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DALLAS--(BUSINESS WIRE)-- AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced it has been selected by Metrolinx to serve as its delivery partner for the Eglinton Crosstown West Extension project, a 9.2-kilometer extension of the upcoming Eglinton Crosstown Light Rail Transit (LRT) from the future Mount Dennis Station to Renforth Drive. When complete, the project will create a continuous rapid transit line that stretches from Scarborough, through midtown Toronto, and into Mississauga.

“We’re honored to partner with Metrolinx to realize this key part of Ontario’s historic transportation vision,” said Richard Barrett, chief executive of AECOM’s Canada region. “By connecting our industry-leading transportation expertise with our unique program management capabilities through a global and collaborative culture, we’re prepared to support this transformative program that is expected to expand transit access to neighborhoods throughout Toronto, bringing lasting benefits to the region.”

As delivery partner, AECOM will be an integral part of the Metrolinx delivery team across the full breadth of infrastructure for the project. This includes a global and multi-disciplinary service offering, integrating the Company’s program management, advisory, commercial management, procurement and supply chain management, and project supervision services, among others.

“Fast, convenient public transportation is a crucial alternative to automobiles that are a major source of urban air pollution,” said Drew Jeter, chief executive of AECOM’s Program Management global business line. “We are excited to bring the full strength of our firm to this project, which will not only improve the quality of life for residents and commuters but also the environmental outcomes for communities. This is a great example of AECOM’s ongoing commitment to leaving a positive, lasting impact on people and our planet through our Sustainable Legacies strategy.”

The project will connect with other local and regional transit including UP Express and GO Transit rail services, as well as TTC, MiWay and GO Transit bus services. Most of the extension will be underground with a portion of the line running on an elevated guideway between Scarlett Road and Jane Street. Plans are also being explored with the Greater Toronto Airports Authority to extend the line to Toronto Pearson International Airport.

About AECOM

AECOM (NYSE: ACM) is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical and digital expertise, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of US$14.4 billion in fiscal year 2023. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.

Forward-Looking Statements

All statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; limited control over operations that run through our joint venture entities; liability for misconduct by our employees or consultants; failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; ability to continue payment of dividends; exposure to political and economic risks in different countries, including tariffs; currency exchange rate and interest fluctuations; retaining and recruiting key technical and management personnel; legal claims; inadequate insurance coverage; environmental law compliance and adequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; AECOM Capital real estate development projects; managing pension cost; cybersecurity issues, IT outages and data privacy; risks associated with the expected benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas construction businesses, including the risk that any contingent purchase price adjustments from those transactions could be unfavorable and result in lower aggregate cash proceeds and any future proceeds owed to us under those transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.

Media: Brendan Ranson-Walsh Senior Vice President, Global Communications 1.213.996.2367 Brendan.Ranson-Walsh@aecom.com

Investor: Will Gabrielski Senior Vice President, Finance, Treasurer 1.213.593.8208 William.Gabrielski@aecom.com

Source: AECOM

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