Raymond James' 12th Annual North American Equities ......Raymond James' 12th Annual North American Equities Conference. Our public communications will contain non -IFRS measures and

We createcommunities.We are Stantec.

Raymond James' 12th Annual North American Equities Conference

Our public communications will contain non-IFRS measures and written or verbal forward-looking statements, including a discussion of our goals and our growth strategies. Certain information has been adjusted for the November 14, 2014, two-for-one share split. Figures for 2012 are restated for IFRS 10 and 11.

We caution readers not to place undue reliance on our forward-looking statements since a number of factors could cause actual future results to differ materially from the targets and expectations expressed.

For a discussion of risk factors and non-IFRS measures, see our 2015 Annual Report, which is available on SEDAR, EDGAR, and www.stantec.com.

Our public communications will contain non-IFRS measures and written

Cautionary Statement

WE ARE STANTEC

1. WHO WE ARE

3. WHAT WE HAVE ACCOMPLISHED

4. WHERE WE ARE GOING

Our business is peopleWHO WE ARE

EngineeringArchitectureInterior DesignLandscape ArchitectureSurveyingEnvironmental SciencesProject ManagementProject Economics

Project concept. Planning. Design. Construction. Commissioning.Project concept. Planning. Design. Construction. Commissioning.

Stantec at a glance

STN

CDN 3.3B 62 YEARS

22,000 400TSX & NYSE

Q2 16TTM

Gross RevenueOf uninterrupted

profitability

Employeesglobally

Locationsworldwide

WHO WE ARE

CDN 3.6B June 30, 2016

Market Cap

WE ARE BETTER TOGETHERFull integration

Single brand & platformDiversification

Balanced Leadership ModelLocal & global client focus

WHO WE ARE

Our values set us apart

WE PUT PEOPLE FIRSTPeople

Creative solutionsLocal community presence

WE ARE DRIVEN TO ACHIEVETop-tier position

WE DO WHAT IS RIGHTBusiness conduct

WHO WE ARE

PLANNING DESIGN CONSTRUCTION MAINTENANCE

Our business model is diversified

Project Lifecycle

As a percentage of Q2 16 YTD gross revenue

Gross Revenue Breakdown by Business Operating Units

Gross Revenue Breakdown by Geographies

WHO WE ARE


Gross Revenue Breakdownby Business Operating Units

WHO WE ARE


Gross Revenue Breakdownby Geographies

10

BuildingsWHERE WE ARE

BuildingsWHERE WE ARE

As an approximate percentage of Q2 16 YTD gross revenue

YTD GROSS REVENUE BREAKDOWNBY REGIONAL OPERATING UNITS

YTD GROSS REVENUE BREAKDOWN BY CLIENT TYPE

Energy & Resources WHERE WE ARE

Energy & ResourcesWHERE WE ARE




14

Environmental Services WHERE WE ARE

Environmental ServicesWHERE WE ARE




InfrastructureWHERE WE ARE

InfrastructureWHERE WE ARE





We focus on performanceWHAT WE HAVE ACCOMPLISHED

Total and Organic Growthquarter over quarter

WHAT WE HAVE ACCOMPLISHED

Gross Revenue & Net Revenuemillions (C$)


15%10-YEAR GROSS REVENUE CAGR

Gross Revenue Backlog millions (C$)


19%10-YEAR GROSS REVENUE BACKLOG CAGR

Margin ProfileEBITDA margin profile for engineering and construction firms (% of Gross Revenue)


EPS and Shares Outstandingmillions (C$)


7%10-YEAR DILUTED EPSCAGR

Dividend Growth (C$)

10%4-YEAR DIVIDENDCAGR


Cash Flowmillions (C$)


Capital Structure NEW CREDIT FACILITIES $C800M revolving credit facility

• Expires 2020

$C450M term loan• Three tranches due 2018, 2019, 2020

NET DEBT/EBITDATTM

• 2.6 times at June 30, 20161

• Strong cash flow generation and growth prospects• Less than 2.0x expected EBITDA by the end of 2017• Strong balance sheet provides flexibility to continue executing growth strategy• Consistent dividend payout ratio policy and corresponding dividend growth

1 Includes MWH TTM EBITDA


We are continuing our evolutionWHAT WE HAVE ACCOMPLISHED

We have a proventrack record


Welcome to theStantec community


BURYBURY300 Employees300 Employees300 Employees

March 2016

MWHMWH6800 Employees6800 Employees6800 Employees

May 2016

VOAVOA280 Employees280 Employees280 Employees

May 2016

EDWARDS & ZUCKEDWARDS & ZUCK1

EDWARDS & ZUCKEDWARDS & ZUCK120 Employees1120 Employees20 Employees20 Employees20 EmployeesLetter of Intent

A strategic fitSTRATEGIC PLAN OBJECTIVESConsider larger/mega-deal domestic acquisitions

Pursue international opportunities

Evolve our approach to APD in certain sectors

MWH FITLargest deal in Stantec’s history with 6,800 employees

Global platform in stable countries

Full life cycle offering in water sector in response to APD

WHERE WE ARE GOING

Why water?

• Aging infrastructure • Population distribution and growth • Climate change

• Environmental sustainability • Affordability • Regulatory pressures

WHERE WE ARE GOING

1American Society of Civil Engineers

Water-related infrastructure investment required will amount to $126 billion by 20201

We are expanding our depth and breadth

WHERE WE ARE GOING

1 According to Engineering News-Record and internal analysis

Top North American Design Firms1 Top 150 Global Design Firms

Our business objective is to be a Top Ten Global Design Firm

WHERE WE ARE GOING

To be a top ten global design firm

TRANSACTION CLOSED MAY 6

EXPLORE KEY

PURSUITS

COMPLETION OF COMBINED

OPERATING STRUCTURE

Next steps

TARGETED INTEGRATION

OF MWH AMERICAS

IN 2017

SYNERGIES THROUGH

OPTIMIZATION OF CORPORATE

COSTS

PHASEDINTEGRATION

PLAN

WHERE WE ARE GOING

We are well positioned

• Diversified across sectors, regions, and project lifecycle

• Proven track record

• Objective: topObjective: top-Objective: top-tier position in each market and region Objective: topwe serve

• Robust capital structure to continue dividend growth Robust capital structure to continue dividend growth and disciplined acquisition strategy

WHERE WE ARE GOING

Documents

Raymond James' 12th Annual North American Equities ......Raymond James' 12th Annual North American Equities Conference. Our public communications will contain non -IFRS measures and