TRC 2017 Sustainability Report TRC 2017 Sustainability Report | Page 11

In June 2017, TRC was acquired by New Mountain Capital (NMC), a private alternative asset manager with significant experience in professional services consulting. NMC emphasizes building great businesses over financial engineering and views the partnership with TRC as an opportunity to bring significant value for customers, partners, and TRC employees. The transaction allows TRC to make the long-term investments, technology upgrades and strategic acquisitions to achieve our strategic aspirations. NMC’s Environmental Social and Governance (ESG) Policy expresses a commitment to invest “in a sustainable and responsible way, with a focus on improving environmental, social, and governance issues within our portfolio companies and at our firm”. include ESG as part of our decision making process to encourage social and environmental sustainability “ as We well as strong corporate governance aiming to improve the quality of our portfolio companies. ” Ignacio Sarria, Managing Director, NMC In alignment with this policy, TRC provides regular updates to NMC on its progress on priority environmental, social, and governance issues. NMC then shares ESG progress across its portfolio companies on an annual basis with investors and other stakeholders, as part of its commitment to full transparency. BUILDING GREAT BUSINESSES – THE TRC VALUE PROPOSITION TRC is a leading platform in the industry and have been highly impressed “ with We the believe Company’s best-in-class talent, exceptional culture and proven leadership team. The Company has a successful track record of delivering the highest quality solutions to its customers, which we believe is crucial to their success. TRC has shown the ability to grow both organically and through acquisitions, and New Mountain is excited to support management’s existing strategy and their goal of being the most valuable, tech-enabled and sustainable consulting and engineering firm for the built and natural environment. ” Lars O. Johansson, Director, New Mountain Capital 9