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YEAR IN REVIEW

Reflecting on 2024, I am proud of the difference we continuously make in our communities through the impactful projects we complete. Our collective efforts and dedication are truly appreciated by our clients and the industries they serve.

As we continue to grow, Learning & Development remains a key focus across the entire organization, ensuring that we will be well equipped to face any challenges ahead. Our investments in all of you are investments in our future, and your commitment to teach and learn continue to strengthen and elevate MTech.

At the core of our success lies our culture, and our values are the foundation. I am excited to introduce our Culture Blueprint in the coming months, a document thoughtfully designed to communicate and celebrate our culture with clarity. Nothing impacts daily execution more powerfully than culture.

Moving into 2025, I am filled with excitement and optimism. Our work program across all departments is robust and secure, setting the stage for another year of success. Safety remains at the heart of everything we do, and our goal is to ensure everyone goes home safely each day.

Thank you for your hard work, and talented contributions each of you brings to our team. Together, we are building for the future—the future of MTech, our communities, and each other. Here’s to an extraordinary year ahead!

We are ‘One Team, All In’!

Warm

regards,

Marco Capitelli, MTech Mechanical President

In Memory of Micah Holper Virtual Construction Sheet Metal Trade Lead

VISION

ONE TEAM, DELIVERING EXPERIENCES THAT

MISSION

MATTER

TO DEVELOP TRUSTING RELATIONSHIPS THROUGH INSPIRED MECHANICAL SOLUTIONS

Integrity

Respectful and trusting interactions

Commitment

Creating and executing inspired solutions

Excellence

Delivering bolder, brighter, better outcomes

Growth

A willingness to train, a desire to learn

Fun

A better experience shared with friends

TENURE AWARDS

Thank you to all of our dedicated team members!

30 Years

Chip Carlson

Shawn Kennedy

25 Years

Jon Hornick

Daniel Lockwood

20 Years

Rich Cashdollar

Jose Gonzalez

Roger Jackson

Hector Najarro

Aaron Parker

Humberto Prieto

Scrappy Seery

Glenn Taylor

Ashley Thompson

Dean Wenz

15 Years

Joe Brandenburg

Cory Heinzerling

Will Sanchez

10 Years

Molly Cape

Reyes Duque

Adam Henderlong

Nick Lauer

Ed Martinez

Travis Mestas

Jesus Ordonez-Salazar

Vern Schneider

Wayne Smith

Kurt Spencer

Derek Vasquez

5 Years

Brianna Alps

Preston Austin

August Bailey

Brad Brines

Braeden Brown

Darryll Carter

Mikelle Clairmont

Darrell DeLack

John Dennehy

Steve Donnelly

Rob Dunn

Justin Eagleton

Parker Flowers

Tyler Haberman

Connor Hart

Adam Hebert

Gabe Jones

Matthew Kleinheksel

David Smith

YEARS

ONE TEAM, BEHIND THE SCENES!

MTech’s support teams are the foundation that hold our project teams together. From engineering to estimating to virtual construction, these team members set up project and service site teams for success. While working behind the scenes at times, they are instrumental to the successful outcome of our projects.

• Energy

• Engineering

• Estimating

• Finance

• Human Resources

• Information Technology

• Learning & Development

• Marketing

• Prefabrication

• Project Engineers & Managers

• Performance Verification

• Preconstruction

• Purchasing

• Risk & Legal

• Safety

• Virtual Construction

• Warehouse & Receiving

2024 MTECH EXPERIENCE AWARDS

The purpose of the MTech Experience Award is to acknowledge those team members that have provided exceptional experiences to our clients, internal partners, vendors, or the communities we serve. In order to receive an MTech Experience Award (MEA), the team member or group must go above and beyond their normal job responsibilities and applications are reviewed by an internal committee.

• Eloy Martinez - Plumbing Journeyman

• Landon Coen - Sheet Metal Field Manager

• Nick Allen, Ivan Ho, Maritza Ornalez Rodriguez, Damian Perez & Izet Spahic - MSU Denver Sim Lab Plumbing Team

• Chender Oaxaca - Sheet Metal Field Manager

• Jacob Best, Ben Dermody, Alan Harris, Jason Marsh, Paige Purnell & Kaleb Sloan - UCHealth Eastview Medical Center Project Team

• Ryan Cooley - HVAC Service Technician

• Damian Perez - Plumbing Field Manager

APPRENTICE GRADUATES

Pipefitting

Robert “Thomas” Carter

Jacob Corley

Justin Eagleton

Tyler Haberman

Chris Raney

Plumbing

Jace Atencio

Juan Garcia Flores

Man “Ivan” Ho

Sheet Metal

Matt Kleinheksel

Service

John Daniels

Ryan Krueger

Alec Milton

Pipefitting Apprentice of the Year!

Congratulations to Robert “Thomas” Carter on being named the Pipefitting Apprentice of the Year.

PROMOTIONS

Office

August Bailey

James Berg

Jonathan Castillo

Amy Fenstermacher

Parker Flowers

Connor Hart

Drew Patrick

Michael Miller

Nicholas Stevenson

Sydnie Wheeler

Service

Julia Koster

Cody Mannion

Donelle Martinez

Brett Sopher

Trades

Travis Ahrens

Boyd Baker

Jimmy Blair

Kendrek Callahan

Darrell DeLack

Bryan Gilmore

Spencer Jarest

Craig Lemens

Andy Lilyquist

Jason Marsh

Kevin Raad

Rocky Roybal

Kaleb Sloan

Sam Tarango

Alonso Valenzuela

Nate Wicker

HAPPY RETIREMENT!

We had several dedicated team members retire in 2024. We thank all of them for their devotion and hard work throughout the years. The experience and expertise shown by each of them has set a great example which will continue to inspire us. We will miss you!

• Tracy Alleman: VP Finance

• Chip Carlson: Plumbing Service

• John Harrington: SoCo SAM

• Bob Murway: PVT Engineer

• Brian Sanders: Sheet Metal FM

• Jeff Small: Plumbing Engineer

• Jeff Thompson: Sheet Metal Senior GS

• Dean Wenz: Pipefitting GS

H.O.P.E. CERTIFICATION

Helping Our People Elevate Through Tough Times

The H.O.P.E Certification is a 12-month training program that focuses on empowering our team to become champions of organizational change and on topics related to mental health, addictive behaviors and suicide prevention.

Our organization recognizes the mental health challenges faced by those working in our industry across all trades. Losing a key team member to suicide started our journey surrounding mental health leading us to the H.O.P.E program. We are committed to creating a supportive environment and implementing comprehensive benefits to ensure the well-being of our team.

- John Falzone, Chief Operating Officer

SAMBORSKI CLAY SHOOT

Our 5th Annual Samborski Memorial Clay Shoot took place Saturday, August 24th at Kiowa Creek Sporting Clays. MTech donated a total of $100,000 between the Suicide Prevention Coalition of Colorado & SpeakUp ReachOut.

Northglenn City Hall • $3,163,861

Air Force Academy Visitor’s Center • $4,207,161 Flatiron Spec Suites • $2,756,487

Steamboat Fire Station • $3,423,275

DEPARTMENT UPDATES

This year, MTech teams across all departments demonstrated exceptional growth, innovation, and collaboration. A shared commitment to developing our people, refining processes, and delivering quality work has strengthened our foundation and positioned us for continued success. By embracing challenges, advancing careers, and focusing on excellence, we have set the stage for a successful 2025.

CONSTRUCTION

In 2024, Construction completed the largest office building in Denver in the past 40 years and we did it as a design build project! Construction exceeded our revenue goal and achieved our margin target. Several former Project Engineers who took on Assistant Project Manager roles further progressed in their careers to Project Managers and another Project Engineer was promoted to Assistant Project Manager. Internal operations growth has been exciting to be part of. On top of all the great projects that have been completed we are looking forward to a successful 2025!

2024 Key Projects:

- Jared Quillen & Matt Reilly, Construction Managers

• Completed - 1900 Lawrence Office, Roosevelt Middle School, St. Anthony North Hospital Bed Tower, Northglenn City Hall, Steel House Office

• Won - Lockheed Martin, Hensel Phelps Headquarters, Clayworks, NREL EMAPS Facility, Colorado School of Mines EMRF

2024 Key Projects:

• True Anomaly Cleanroom and Office TI

• Archwell Clinics (4 locations) • GSA ATF Aurora

• Dharmacon MUA Replacement and 2nd Floor TI

• Utility Global Lab • Food Bank Rockies Core & Shell

• CU Koelbel Renovation • MSU Simulation Lab BP#2

SPECIAL PROJECTS

This year, Special Projects maintained focus on project procurement and timely installations to help maintain consistency as MTech’s overall work program fluctuated throughout the year. Several of our projects this year were in buildings with mechanical systems that are well over 50 years old. Existing drawings of these systems were either not available or outdated. Consequentially, our teams performed extensive field investigation to understand how these buildings are operating to ensure our installations are correctly executed.

- Mark McKinney, Vice President Special Projects

SOUTHERN COLORADO

This year was a year of growth: building relationships with like-minded business partners, relocating to a larger office/warehouse space, and adding 24/7 plumbing and drain cleaning services! We have grown as a team with a promotion of a Project Engineer to Assistant Project Manager and additional Service Account Managers. With our expanded office facility we are ready for a huge 2025. SoCo had a successful year that will continue into 2025 with our largest backlog going into the next calendar year.

- Bruce Neufeld, General Manager Southern Colorado

2024 Key Projects:

• Construction & Special Projects - COS Airport Concourse Modernization (phase 1), Salida Fire Station, Queen Palmer Elementary, TSA CRAC Unit Change Over

• Service - HVAC & Plumbing PM agreements for the Amazon Den4 facility

2024 Key Projects:

• Completed - Vail Health Precourt Healing Center, Steamboat Fire Department & Townhall, Viceroy Hotel, One Riverfront Condos, RFTA Maintenance Facility

• Won - The Amble Steamboat, Project Stella, Mountain House Aspen, Hillstone Aspen

Our service team secured new preventive maintenance agreements on 80% of our large construction jobs completed in 2024!

MOUNTAINS

At the start of 2024, our team braced for what would be a crazy year. We were challenged and nervous for the volume of construction and service work in backlog. Our team wrapped up the record amount of work through teamwork across the board! Throughout the year, we saw many examples of people working outside their specific roles, jumping in wherever needed to ensure the team succeeded to meet or exceed our client’s expectations. 2024 was a year of personal, professional, and company growth for the Mountain team, one where each team member can hold their head high for what we accomplished together!

- Rob Dunn, Vice President Mountains

NORTHERN COLORADO

Team NoCo exceeded all performance metrics for the year, yet that was not the most important measurement. Our combined Service and Special Projects team formed a stronger foundation with new team members, by overcoming some obstacles, a renewed focus on ‘One Team, All in’, and serving our clients – internally and externally. As we move into 2025, we see more organic growth and more team members to support our NoCo mission. Thank you to all of those that work in NoCo for delivering a successful third year!

- Tal Clark, General Manager Northern Colorado

2024 Key Projects:

• Completed - Northern Colorado Regional Airport, UNC Michener and Candelaria Chiller Replacements, Eaton School RTU Replacements

• Won - New Service Clients (City of Fort Collins, Ault & Eaton School Districts), Cheyenne Regional Medical Center CT/IR/CATH, CSU Durward Hall

2024 Key Projects:

• KUSA (9 News) Building Automation System Retrofit

• BPL Electric RTU Replacement

• City of Boulder Housing Domestic Water Replacement

• One Lincoln Boiler Replacement

• AMD High Efficiency Boiler Replacement

SERVICE

As we reflect on the achievements of 2024, we are pleased that MTech’s Service team has continued to grow and reach new heights. This year provided us with an opportunity to focus on the fundamentals of our business, strengthening our foundation for future success. We have successfully expanded our training program, demonstrating our commitment to developing our most valuable asset - our people. Our apprenticeship program and onthe-job training initiatives continue to nurture future talent and resources, ensuring a pipeline of skilled professionals to meet the evolving needs of our industry. The exceptional performance of our service group is only achievable through collaborative effort and a shared commitment to excellence. As we look ahead to 2025, we are poised for continued growth and success. Our focus remains on delivering outstanding service, expanding our client base, and investing in our team’s development.

- Steve Donnelly, Vice President Service