Form 8-K
Date of Report (Date of earliest event reported): April 29, 2022
(Exact name of registrant as specified in its charter)
(State or Other Jurisdiction
of Incorporation)
File Number)
(I.R.S. Employer
Identification No.)
12150 East 112th Avenue
(Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code:  (303) 286-8000
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $0.01 par valueMYRGThe Nasdaq Stock Market, LLC
(Nasdaq Global Market)
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 7.01 Regulation FD Disclosure.
On April 29, 2022, MYR Group Inc. (“MYR”) posted presentation materials on the investor relations section of MYR’s website at Members of MYR’s management may use all or portions of these materials from time to time during the quarter ending June 30, 2022 in meetings with or when making presentations to the investment community, current or potential stakeholders and others. The presentation materials are furnished herewith as Exhibit 99.1 and 99.2.
The information contained in the presentation materials is summary information that should be considered in the context of MYR’s filings with the Securities and Exchange Commission and other public announcements that MYR may make by press release or otherwise from time to time.
This information is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) The following exhibit is being furnished with this Current Report on Form 8-K.
104Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document)

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: April 29, 2022
Name:Betty R. Johnson
Title:Senior Vice President and Chief Financial Officer
FINANCIAL SNAPSHOT Q1 HIGHLIGHTS FINANCIAL OVERVIEW AS OF MARCH 31, 2022 LTM REVENUE $2.54B 9.5% LTM LTM EBITDA* $164.5M 14% LTM *See reconciliation of non-GAAP measures in our recently filed press release and investor presentation. LTM NET INC. $85.8M 24.7% LTM LTM EPS $5.00 per diluted share 23.2% LTM Our strong first quarter performance positions us well for what we expect to be a successful year in 2022. Our backlog at the end of the first quarter was a record $2.41 billion, reflecting our solid customer relationships and ability to be competitive in the markets we serve. “ ”Rick Swartz President and CEO BUSINESS SEGMENTS First quarter revenues of $636.6 million $44.1 (7.4%) Q1 YoY First quarter net income of $20.7 million, or $1.21 per diluted share $0.04 (3.4%) Q1 YoY Record Backlog remains strong at $2.41 billion 34.5% QoQ TRANSMISSION & DISTRIBUTION $364.9M $1.35B First Quarter 2022 Revenues Q1 LTM 2022 Revenues COMMERCIAL & INDUSTRIAL $271.8M $1.19B First Quarter 2022 Revenues Q1 LTM 2022 Revenues

WWW.MYRGROUP.COM | 12150 E 112TH AVENUE, HENDERSON, CO 80640 | 303.286.8000 | NASDAQ: MYRG MYR GROUP CONSISTS OF THE FOLLOWING SUBSIDIARIES: CSI Electrical Contractors, Inc. E.S. Boulos Company Great Southwestern Construction, Inc. Harlan Electric Company High Country Line Construction, Inc. Huen Electric, Inc. The L.E. Myers Co. MYR Energy Services, Inc. Powerline Plus Ltd. Sturgeon Electric Company, Inc. Sturgeon Electric California, LLC Western Pacific Enterprises Ltd. • • • • • • • • • • • • $317.5M Available at 3/31/2022 under our $375M Credit Facility DIVERSE BOARD 3 of 9 are diverse in Board of Directors, as of 3/31/2022 (Chairman & CEO are separate positions) 1891 ROOTS 130+ years of building & maintaining critical electrical infrastructure 7,900+ Employees throughout U.S. & Canada STRONG SAFETY PERFORMANCE 2021 TCIR – 1.24 2021 LTIR – 0.09 LOCATIONS THROUGHOUT THE U.S. AND CANADA COMPANY PROFILE

Q 1 I N V E S T O R P R E S E N T A T IO N 1 INVESTOR PRESENTATION Q 1 | A P R I L 2 0 2 2 | N A S D A Q : M Y R G

Q 1 I N V E S T O R P R E S E N T A T IO N 2 SAFE HARBOR STATEMENT F O R W A R D - L O O K I N G S T A T E M E N T S Various statements in this announcement, including those that express a belief, expectation, or intention, as well as those that are not statements of historical fact, are forward-looking statements. The forward-looking statements may include projections and estimates concerning the timing and success of specific projects and our future production, revenue, income, capital spending, segment improvements and investments. Forward-looking statements are generally accompanied by words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “likely,” “may,” “objective,” “outlook,” “plan,” “project,” “possible,” “potential,” “should,” “unlikely” or other words that convey the uncertainty of future events or outcomes. The forward-looking statements in this announcement speak only as of the date of this announcement. We disclaim any obligation to update these statements (unless required by securities laws), and we caution you not to rely on them unduly. We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Forward-looking statements in this announcement should be evaluated together with the many uncertainties that affect MYR Group’s business, particularly those mentioned in the risk factors and cautionary statements in Item 1A of MYR Group’s most recent Annual Report on Form 10-K, and in any risk factors or cautionary statements contained in MYR Group’s Quarterly Reports on Form 10-Q or Current Reports on Form 8-K. NOTE: Images used throughout this presentation may have been taken before COVID.


Q 1 I N V E S T O R P R E S E N T A T IO N 4 Achieved record revenue in 2021, up 11% from 2020 $2.54B LTM 03/31/2022 $1.40B 2017 $1.53B 2018 $2.07B 2019 $2.50B 2021 RANKED AMONG TOP 5 U.S. SPECIALTY ELECTRICAL CONTRACTORS 27 YEARS IN A ROW $2.25B 2020 CAGR 15.0%

Q 1 I N V E S T O R P R E S E N T A T IO N 5 OUTLOOK • T&D work activity primarily consists of small to medium-sized projects, with some larger transmission, HVDC, and utility scale solar projects; and we continue to execute routine maintenance work under long-term MSAs. Drivers for T&D spending remain intact. • C&I projects have had slight impacts due to supply chain disruptions though budgeting and bidding activity remains strong, specifically in the core markets we serve. • Strong start to year with record LTM revenues, profit, earnings per share, net income, and EBITDA. • Stimulus packages and infrastructure bills could promote increased spending and both MYR Group business segments are well-positioned to benefit from this. • Strong balance sheet with $317.5M in availability under our $375.0M credit facility, funded debt to LTM EBITDA leverage of 0.3x, which management believes is adequate liquidity to support our working capital needs, equipment investments and growth initiatives.

Q 1 I N V E S T O R P R E S E N T A T IO N 6 E N H A N C E S O U R S T R O N G B A C K L O G We take a people first focus to encourage collaboration, safe practices, and long- term employment. We invest in our employees by providing trainings, leadership opportunities, cutting-edge tools and resources, and continuously improving safety protocols. Keeping safety at the center of our core values, we achieve industry-leading safety performance results. DEPTH & BREADTH OF EXPERTISE CLEAN ENERGY TRANSFORMATION PARTNERS BEING GOOD STEWARDS EMPOWERING OUR PEOPLE As a leading specialty electrical contractor, we have experience tackling electrical projects of various sizes and complexities. We cross sell our expertise, collaborate, and utilize resources throughout the organization to provide clients with customized solutions. We are proud to be a contractor of choice, and value the long-standing relationships we hold with our clients. Expanding our presence in key growth markets; building our portfolio; growing our footprint; and investing in our extensive fleet, technology, and training programs remains a key initiative to ensure we provide optimal value to our clients. As stewards of the environment, we understand that our collective actions contribute to the greater good and overall sustainability. We are aware that the critical nature of our work could impact the sensitive ecosystems surrounding our projects, and therefore take great pride in working with our clients to establish proactive environmental plans and protocols for our projects. With increased investments in infrastructure, technology, and efficiency across the renewable energy space we are broadening our capabilities and resources, and leveraging our expertise and industry knowledge to elevate our position as a strong partner delivering sustainable solutions that positively impact the clean energy horizon.

Q 1 I N V E S T O R P R E S E N T A T IO N 7 2022 ACQUISITION • Operational presence in Canada • Headquartered in Toronto, Ontario Expands Service Offerings Strengthens Geographic Reach • Established T&D presence throughout the province • Full service electrical distribution construction company offering engineering and design, civil, electrical and distributed generation and other services Enhances End-Market Exposure • Expands our breadth of T&D offerings into Eastern Canada, enhancing our market position ability to capture projects to both new and existing customers Builds Upon Skilled Workforce • Brings a high-quality workforce and strong management team with decades of experience, who share our culture, values and commitment to delivering superior service

Q 1 I N V E S T O R P R E S E N T A T IO N 8 TRANSMISSION & DISTRIBUTION T & D B U S I N E S S S E G M E N T U P D A T E • T&D record LTM March 31, 2022 revenue of $1.35 Billion • ~ 50% of T&D business is Master Service Agreement work • Acquired the Powerline Plus Companies in January of 2022 Transmission Up to 765kV Distribution and Emergency Storm Restoration Substation Up to 765kV Renewables Foundations & Caissons and Directional Boring $893 $1,134 $1,154 $1,302 $1,352 $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 2018 2019 2020 2021 Q1 LTM 2022 M il li o n s T&D Revenue T&D Revenue 13.6% CAGR

Q 1 I N V E S T O R P R E S E N T A T IO N 9 T&D MARKET DRIVERS S T R O N G L O N G - T E R M O U T L O O K • Aging infrastructure, system hardening, grid reliability, and clean energy projects continue to serve as key drivers for continued investments in transmission infrastructure, which is is the backbone of a reliable, resilient, and clean electricity system. • The $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) will invest significantly in our nation’s infrastructure over the next decade, including the electric grid and energy infrastructure. Over five years, $73 billion is planned for energy and power including the DOE’s “Building a Better Grid Initiative” designed to support building long-distance, high voltage transmission. The agency’s first step has been to kick off a national transmission needs study and to begin setting up the $2.5 billion Transmission Facilitation Program ( and; April 2022). • With added goals to bring the U.S. to 100% clean electricity by 2035, this transition will require significant investments in T&D infrastructure. Source: The C Three Group, North American Electric Distribution Market Forecast, August 2021 System Reliability Aging Electric Grid Connecting Renewables Plant Retirements Storm Hardening Digitizing the Economy “Overall growth in capital expenditures from 2019-2020 increased 7.9%. The U.S. investor-owned electric distribution market grew 9.8% from 2019-2020.” U.S. and Canadian Electric Distribution Actual and Forecasted Capital Expenditures Source: Edison Electric Institute, December 2021 Actual and Projected Transmission Investment (Nominal Dollars) K E Y S P E N D D R I V E R S U.S. investor-owned electric utilities will make about $140B in capital investments annually from 2021-2023 — higher than at any point in the last decade — as they roll out clean energy technologies and work to decarbonize the grid. (Utility Dive/Edison Electric Institute, Feb. 10, 2022)

Q 1 I N V E S T O R P R E S E N T A T IO N 10 COMMERCIAL & INDUSTRIAL C & I B U S I N E S S S E G M E N T U P D A T E • C&I LTM March 31, 2022 revenue of $1.19 Billion • Growth primarily due to increases in volume across all project sizes and incremental revenues from the acquisitions of CSI and the Huen Companies in July of 2019 and 2018, respectively Commercial Telecommunications and Voice, Data , Video Systems Transportation/ Traffic Signals Renewables Industrial $638 $937 $1,093 $1,197 $1,191 $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 2018 2019 2020 2021 Q1 LTM 2022 M il li o n s C&I Revenue C&I Revenue 21.2% CAGR

Q 1 I N V E S T O R P R E S E N T A T IO N 11 C&I OUTLOOK A C T I V E M A R K E T • Despite adverse effects of inflation and supply disruptions, our C&I segment sees steady bidding opportunities in our core markets including healthcare, clean energy, transportation and data centers. • The $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) directs $284 billion toward transportation, including $110 billion for roads and bridges, and $174 billion toward airports, transit systems and several other areas which could accelerate C&I project activity – including $7.5 billion to begin building a national network of 500,000 electric vehicle chargers through the EV Charging Action Plan (, Jan. 2022). • Overall, The Dodge Momentum Index increased 23 percent in 2021 from 2020, the strongest yearly gain since 2005. In March, the Index came in at 166.9 (2000=100), a 4% increase from the revised February reading of 160.3 (April 7, 2022). • The American Institute of Architects reported a 58.0 reading in their March Architecture Billings Index -- one of the highest scores seen since the economic recovery began just over a year ago (March 2022). Hospitals Data Centers Airport Projects Transportation Work E-Commerce Industrial Facilities Water/Wastewater Upgrades Renewable Related Projects C&I’s strong $1.3B backlog as of March 31, 2022, is driven by: Source: The Dodge Momentum Index, April 7, 2022

Q 1 I N V E S T O R P R E S E N T A T IO N 12 MARKET OPPORTUNITIES G R O W I N G R E N E W A B L E G E N E R A T I O N M I X In 2021, the US solar market installed record solar capacity and utility-scale solar had its biggest year yet at nearly 17 GWdc installed, more than double the utility solar installations from just two years prior. Utility-scale solar is expected to continue to grow in the double-digits, adding a total of 123 GWdc by 2027 and 244 GWdc by 2032. (; March 2022). UTILITY-SCALE SOLAR Federal Tax Credits Renewable Portfolio Standards Carbon Policy Clean Power Portfolios Federal Tax Credits Renewable Portfolio Standards Carbon Policy State Tax Incentives Clean Power Portfolios RENEWABLE ENERGY DRIVERS SOURCE: SEIA/Wood Mackenzie Power & Renewables U.S. Solar Market Insight Report, March 2022 • The generation mix across the U.S. is changing as traditional baseload generation resources retire and renewable generation provides an increasingly large percentage of demand. • The current administration is promoting renewables development through several federal actions including record-breaking offshore wind lease sales, port investments to develop areas for manufacturing and staging hubs for offshore wind components, and working to fast-track solar, wind and geothermal projects onshore (, January 12, 2022). • In 2022 and 2023, the EIA expects 44GW of new utility-scale electric generating capacity to be added to the U.S. power grid -- almost half of the planned 2022 capacity additions are solar. (, April 12, 2022). U.S. utility-scale battery storage capacity is expected to grow by 5.1 GW, or 84% (, January 10, 2022).

Q 1 I N V E S T O R P R E S E N T A T IO N 13 CLEAN ENERGY TRANSFORMATION PARTNERS Tremendous investment in electrical infrastructure is needed to meet the needs of the evolving energy landscape. As the clean energy sector expands, efforts to accelerate this transformation provide solid growth drivers for our business. MYR Group remains well-positioned to deliver this critical infrastructure, serving as a long-term partner for our clients as they strive to achieve robust decarbonization goals. We construct and maintain the electrical systems that power our nations, an expertise we have refined for more than 130 years. MYR Group plays a key role in building the infrastructure needed to deliver clean energy to the power grid.

Q 1 I N V E S T O R P R E S E N T A T IO N 14 POSITIONED FOR GROWTH S T R O N G M A R K E T C O U P L E D W I T H O U R C O M P E T I T I V E E D G E U.S./Canada Long-term growth both organically and via acquisition T&D Transmission market outlook strong next 5+ years (higher ratio of small-medium/large projects) C&I Strength in C&I sector (Airport, Healthcare, Data Center, Highway/Transportation) Renewables Clean energy initiatives driving increased construction spend SUCCESS STRATEGIC IMPERATIVES FINANCIAL STRENGTH Deliver positive financial results on a consistent basis while positioning the company for growth ORGANIZATIONAL EXCELLENCE Sustain a culture that aids in attracting, retaining, and developing the best people in the industry OPERATIONAL EXCELLENCE Continue investments in people, equipment, health, safety, the environment, technology, innovative programs, process improvement, and sustainability CUSTOMER SATISFACTION Strive to always be the first choice for our clients and remain one of the most reliable, efficient, and high-value providers E n s u r e s w e a r e f o c u s e d o n t h e r i g h t w o r k a n d p r o g r a m s • Proven execution of corporate strategy • Strong financial position • Centralized operations to allow for greater efficiency and cross-collaboration • Strong presence in key markets with expanding geographic footprint • Future driven mindset to deploy new systems and technologies • Broadening our capabilities to support the development of clean energy infrastructure • Experienced leadership team • Reputation for excellence with customers

Q 1 I N V E S T O R P R E S E N T A T IO N 15 CORNERSTONES OF OUR SUSTAINABILITY PRACTICES Reducing our environmental impact, protecting the safety and wellbeing of our people, and supporting the communities where we live and operate remain a top priority as we continue to provide critical electrical infrastructure services that help power a clean energy future. >>View our 2021 Sustainability Report • Independent Chairman of the Board • Audit; Compensation; Nominating, Environmental, Social, & Corporate Governance committees comprised solely of independent directors • 3 of 9 Board members are diverse (As of March 31, 2022) • Conduct annual Board evaluations • Implemented majority voting standard for directors in uncontested elections • No “Poison Pill” in place • Effective executive compensation best practices • Majority of CEO compensation is performance based • Safety is a core value and our commitment results in achieving some of the best statistics in the industry • Prioritize the training and development of our employees • We endeavor to promote diversity and inclusion across the organization and provide opportunities for diverse vendors and suppliers • Provide employees with a network of wellness and benefits programs including tuition reimbursement • Our employees and companies volunteer time, contribute funds, and partner with industry organizations to support meaningful charitable causes and our local communities • Active member and partner to numerous industry organizations • We strive for sustainability on all our projects by reducing waste and diligently implementing measures that minimize our impact • Adhere to environmental compliance requirements on projects • Implement environmentally-friendly measures and company programs with the goal of reducing our carbon footprint such as: • Employed telematics system on most of our fleet assets • Waste recycling and reduction both in the office and our field operations • LED lighting and occupancy sensors • Efficient paper consumption measures and eliminating use of disposable kitchen products • Enrolling in programs that power our facilities with certified clean energy

Q 1 I N V E S T O R P R E S E N T A T IO N 16 DELIVERING STRONG RETURNS D I V I D E N D A D J U S T E D S T O C K R E T U R N MYRG - CAGR 25.60% EME - CAGR 8.25% PWR - CAGR 33.40% MTZ - CAGR 13.95% DY - CAGR (3.66%) -150.0% -100.0% -50.0% 0.0% 50.0% 100.0% 150.0% 200.0% 250.0% 300.0% Dividend Adjusted Stock Return (01/02/2018 - 03/31/2022) MYRG Div. Adj. Return EME Div. Adj. Return PWR Div. Adj. Return MTZ Div. Adj. Return DY Div. Adj. Return Dividend Adjusted Stock Return Stock Price as of: MYRG EME PWR MTZ DY 1/2/2018 35.75$ 80.36$ 38.72$ 50.05$ 111.59$ 3/31/2022 94.04$ 112.50$ 131.54$ 87.10$ 95.26$ Div. Adj. Stock Return 163.0% 40.0% 239.7% 74.0% -14.6%

Q 1 I N V E S T O R P R E S E N T A T IO N 17 BALANCE SHEET STRENGTH W E L L - P O S I T I O N E D T O S U P P O R T A D D I T I O N A L G R O W T H $50.7 $57.8 $44.4 $52.4 $59.4 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% $0 $20 $40 $60 $80 2018 2019 2020 2021 Q1 LTM 2022 M ill io n s CAPEX Investment CAPEX Spend CAPEX % of Rev 19.3% 15.0% 14.9% 9.9% 6.1% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% EME MYRG MTZ PWR DY 3-Year Average ROIC $(250) $(200) $(150) $(100) $(50) $- $50 $100 $150 $200 $250 $300 $350 $400 $450 $500 2018 2019 2020 2021 03/31/22 M ill io n s Liquidity Credit Facility Cash LOC Bank Debt Total Liquidity Source: S&P Capital IQ MYRG 3-year period is March 2020 – March 2022 3-year period for PWR, MTZ, and EME is December 2019 – December 2021 DY period is January 2020 – January 2022 • Little off-balance-sheet leverage • Low debt leverage • Strong liquidity position – Renewed credit facility in Q3 2019, increasing the revolver to $375 million • Substantial bonding capacity • Investment in specialty equipment contributed to top-line organic growth and supports future organic growth clients

Q 1 I N V E S T O R P R E S E N T A T IO N 18 FINANCIAL PERFORMANCE D E M O N S T R A T E S S T R O N G , L O N G - T E R M E X E C U T I O N $1,531 $2,071 $2,247 $2,498 $2,542 $- $500 $1,000 $1,500 $2,000 $2,500 $3,000 2018 2019 2020 2021 Q1 LTM 2022 M ill io n s Revenue by Work Type Trans. Dist. C&I 16.9% CAGR $1.14 $1.16 $1.37 $1.50 $1.54 $1.55 $1.72 $1.65 $1.64 $1.57 $1.63 $1.79 $2.41 $0.00 $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 1 2 3 4 1 2 3 4 1 2 3 4 1 2019 2020 2021 2022 B ill io ns Backlog Backlog > 12 Mo 12 Mo. Backlog 28.4% CAGR $86.6 $101.2 $132.4 $164.2 $164.5 $- $50 $100 $150 $200 2018 2019 2020 2021 Q1 LTM 2022 M il li o n s EBITDA * EBITDA 21.8% CAGR $1.87 $2.26 $3.48 $4.95 $5.00 $- $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 $3.50 $4.00 $4.50 $5.00 $5.50 2018 2019 2020 2021 Q1 LTM 2022 Diluted EPS - Attributable to MYR Group Inc. Diluted EPS 35.3% CAGR * For reconciliation of EBITDA to net income, see page 22

Q 1 I N V E S T O R P R E S E N T A T IO N 19 EXPERIENCED LEADERS E X E C U T I V E S & B O A R D O F D I R E C T O R S MYR Group Inc. has a strong team of experienced leaders that make up our executive team and Board of Directors. We believe diversity of our leadership is a critical component of creating long-term value for our shareholders. We select individuals that bring extensive experience and unique perspectives to both our Company and our Board. Betty Johnson Chief Financial Officer 22 years with MYRG 33 years in the industry EXECUTIVE LEADERSHIP Rick Swartz Chief Executive Officer 39 years with MYRG 39 years in the industry Tod Cooper Chief Operating Officer, T&D 31 years with MYRG 33 years in the industry Jeff Waneka Chief Operating Officer, C&I 30 years with MYRG 37 years in the industry William Fry Chief Legal Officer 3 years with MYRG 24 years in the industry 25 YEARS EXECUTIVE TEAM AVERAGES 33 YEARS IN OUR INDUSTRY WITH MYR GROUP of 9 directors have significant energy/utility experience6 VARIED TENURE 6:3 3 of 9 directors are diverse Short: Long Tenure MAJORITY INDEPENDENT 78% 7 Independent Directors 2 Non-Independent Directors 6 of 9 have 0-7 years 3 of 9 have 11+ years Board Stats as of March 31, 2022

Q 1 I N V E S T O R P R E S E N T A T IO N 20 CREATING SHAREHOLDER VALUE STRATEGIC ACQUISITIONS Evaluate opportunities to expand and hone business expertise • Identify and evaluate strategic opportunities that achieve long-term growth objectives and leverage our core capabilities • Focus on acquisitions that meet clear, long-term return thresholds and are compatible with MYR Group’s values and culture • Focus on integration of processes, people, technology, and equipment ORGANIC GROWTH Expand in new and existing markets that align with core capabilities • Strategic expansion of geographic footprint into new markets • Invest in additional fleet and labor resources to expand capacity • Leverage extensive bid knowledge and long-term customer relationships

Q 1 I N V E S T O R P R E S E N T A T IO N 21 MYR Group subsidiaries maintain strong, long-standing relationships with a diverse customer base throughout both our T&D and C&I business segments. REPRESENTATIVE CUSTOMER SAMPLE

Q 1 I N V E S T O R P R E S E N T A T IO N 22 EBITDA RECONCILIATION D E M O N S T R A T E S S T R O N G , L O N G - T E R M E X E C U T I O N Note: LTM diluted weighted average shares outstanding were determined by adding the average shares reported for the last four quarters and dividing by four. EBITDA is not recognized under GAAP and does not purport to be an alternative to net income as a measure of operating performance or to net cash flows provided by operating activities as a measure of liquidity. EBITDA is a component of the debt to EBITDA covenant that we must report to our bank on a quarterly basis. In addition, management considers EBITDA a useful measure because it eliminates differences which are caused by different capital structures as well as different tax rates and depreciation schedules when comparing our measures to our peers’ measures. ($ In Mi l l ions , Except Per Share Amounts)* LTM 2018 2019 2020 2021 3/31/2022 Net Income 31.3$ 36.2$ 58.8$ 85.0$ 85.8$ Interest Expense, net 3.6 6.2 4.6 1.7 1.7$ Income Tax Expense 11.8 14.2 22.6 31.3 28.0$ Depreciation and Amortization 39.9 44.5 46.4 46.2 49.0$ EBITDA 86.6$ 101.2$ 132.4$ 164.2$ 164.5$ Diluted Weighted Average Shares Outstanding 16.6 16.7 16.9 17.2 17.2 EBITDA per Diluted Share 5.22$ 6.06$ 7.84$ 9.57$ 9.59$ Revenue 1,531.2$ 2,071.2$ 2,247.4$ 2,498.3$ 2,542.4$ EBITDA is a non-GAAP financial measure that is defined as Earnings Before Income Taxes, Depreciation and Amortization.

Q 1 I N V E S T O R P R E S E N T A T IO N 23 DEFINITIONS F I N A N C I A L R A T I O S NOTE: Images used throughout this presentation may have been taken before COVID. Net Income (LTM) [A] +[(Net Interest Expense + Amortization of Intangibles)* (1-Effective Tax Rate)] ÷ [Book Value (Total Stockholders' Equity [B]) + Net Funded Debt] @ beginning and ending period average = Return on Invested Capital [A] Net Income excludes noncontrolling interest and discontinued operations [B] Total Stockholders' Equity excludes minority interests and discontinued operations Three year averages are derived from calculating the return metric for each twelve month period and then averaging the three period metrics S&P Capital IQ Disclaimer of Liability Notice This may contain information obtained from third parties, including ratings from credit ratings agencies such as Standard & Poor’s. Reproduction and distribution of third-party content in any form is prohibited except with the prior written permission of the related third party. Third party content providers do not guarantee the accuracy, completeness, timeliness or availability of any information, including ratings, and are not responsible for any errors or omissions (negligent or otherwise), regardless of the cause, or for the results obtained from the use of such content.. THIRD PARTY CONTENT PROVIDERS GIVE NO EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. THIRD PARTY CONTENT PROVIDERS SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, EXEMPLARY, COMPENSATORY, PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES, COSTS, EXPENSES, LEGAL FEES, OR LOSSES (INCLUDING LOST INCOME OR PROFITS AND OPPORTUNITY COSTS OR LOSSES CAUSED BY NEGLIGENCE) IN CONNECTION WITH ANY USE OF THEIR CONTENT, INCLUDING RATINGS. Credit ratings are statements of opinions and are not statements of fact or recommendations to purchase, hold or sell securities. They do not address the suitability of securities or the suitability of securities for investment purposes and should not be relied on as investment advice. DAVID GUITERREZ INVESTOR CONTACT Dresner Corporate Services 312.780.7204 | BETTY JOHNSON MYR GROUP CONTACT MYR Group Inc., Chief Financial Officer 847.290.1891 |