Vision 2025

VISION 2025

// FROM THE CEO This Vision 2025 plan provides our diverse community of engineers,

scientists, and technology professionals with a shared direction, clear focus, and collective vision to continue our historical trajectory of innovation and

entrepreneurship. It is the foundation for all that we will strive to achieve as a company throughout the next 5 years and provides the building blocks

for our employees to build their careers from “hire to retire” and to further

TODD KENNER CEO/PRESIDENT, RESPEC

establish RESPEC as a recognized leader for integrated solutions.

Together, we will work tirelessly to transform the dynamic vision within this document into a reality.

vision 2025 principles: These principles lay the foundation for our Vision 2025 plan:

PEOPLE

Process

partner

performance

We are partners with our communities and employeeowners; we value corporate social responsibility.

We are catalysts for growth by integrating technology with our subject-matter expertise.

We provide transformative solutions to solve the most complex problems.

We share our value and rewards.

Our technical niche expertise is centered on innovation.

We go above and beyond to take care of our client-partners.

We are committed to one another through the RESPEC PACT.

We invest in everything we do—technology, education, community—to provide a career from “hire to retire“ with lifelong friendships and adventures.

TABLE OF CONTENTS bu ilding a foun dation

Partner Ch alle n ge s

the path forwa rd

The 2025 H orizon People Process Par t n e r PerformanCE

03 05 07 09

// building A FOUNDATION Transformative ideas, solving complex challenges

integrated solutions partner

This Vision 2025 plan builds on a long and rich history that has made RESPEC the company it is today.

Market/Customer Focus Collaborative Culture Leverage Diverse Capabilities Aligned Business/Talent Development/Marketing Practices

one company Data & Technology Solutions

RESPEC

growth and diversification RESPEC/POD

Salt Rock Mechanics IT Staff Augmentation

Mining & Energy Water & Natural Resources

RESPEC has steadily evolved over the past half-century into a multiservice engineering, science, and technology company.�

Water & Natural Resources

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

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RESPEC | vision 2025

office Locations

Geographic Expansion

1969 Over the past 50 years, we have expanded geographically to grow clients and project opportunities. We now have more than 20 locations in North America, over 400 clients, and strategic alliances worldwide.

1985

2019 2010

current client Locations France Canada

ROmania Austria Belarus switzerland Czech Republic Slovakia Finland Poland germany

ireland united kingdom

italy

turkey Ukraine

Kyrgyzstan Kazakhstan

malaysia vietnam thailand

China Philippines United states mexico

Indonesia

spain MOROCCO

PANAMA

Ghana

COLOMBIA

israel

ECUADOR

kuwait

peru

Venezuela Brazil chile argentina

Pakistan india

Congo

new zealand

Mongolia

Ethiopia Tanzania South Africa

Madagascar AUSTRALIA RESPEC | vision 2025

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// Partner CHALLENGES our clients’, employees’, and vendors’ input drive our vision.

RESPEC taps into our entire network of

stakeholders and thoroughly examines our

Why Conduct Partner Interviews?

organizational processes and long-term directional growth and goals. A key component in developing

this Strategic Plan was seeking out the thoughts and predictive knowledge of our clients as well as the

subject-matter and industry-leading partners and

our Goal Listen to our partners, employees, and leaders to strategically evolve

colleagues we know.

Partner Benefit Pivotal answers and insight to better serve us all

The nature of work will continue to change, and that will require strong education and development programs.”

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RESPEC | vision 2025

mutual evolution Evolve organizationally into a company that meets the needs of tomorrow

75% 20% 90% By 2025, Millenials will comprise 75% of the global workforce.

People between the ages of 14 and 24 make up almost 20% of the world’s population.

of the world’s data have been created in the last 2 years alone—a trend that will only accelerate.

Despite the increase in Millenials’ representation, the overall US population continues to grow older.

By 2030, 1 in 5 US residents will be retirement age.

Partner challenges Our partners identified three primary challenges in the coming years:

talent shortages global issue Aging Workforce Skills Gaps Resource Shortages

Technology in the workplace

lack of funding fewer dollars to invest Shrinking Public Dollars Available for Projects

By 2025, more than one-third of the desired core skill sets of most occupations will comprise skills that are not yet considered crucial to the job today.

Increasing Cost of Business Creates Competing Interests for Available Capital

The 2025 workforce will require enterprise learning.

These technologies will have huge benefits for many companies but also create big challenges.

technology

The McKinsey report includes a few suggestions to prepare for those challenges and emphasizes anticipating future needs through employee training: “The nature of work will continue to change, and that will require strong education and development programs.”

Keeping Pace and Funding New Advancement

innate dependency Expansion of Technology Is Growing an Ever-Increasing Data Management Need Security Is a Constant Threat as Technology Advances RESPEC | vision 2025

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// the path FORWARD INTEGRATED SOLUTIONS PROVIDER

In 2025, RESPEC will be recognized as a leading Integrated Solutions Partner of multidimensional, applied-technology solutions around the world. Our team of progressive, innovative thought-leaders will be an essential driving force behind technological innovation through machine learning and decision support systems in multiple industries. On the path to 2025, RESPEC will focus on integrating solutions to serve these areas:

ENERGY

TECHNOLOGY

INDUSTRIAL MINERALS NATURAL RESOURCE DEVELOPMENT & STEWARDSHIP

ENGINEERING

RESILIENCY

RESPEC STRATEGIC PATHWAYS

INFRASTRUCTURE PRECIOUS METALS INTEGRATED WATER RESOURCES

SCIENCE

HEALTH CARE RESTORATION EDUCATION

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RESPEC | vision 2025

By 2025,

respec will achieve: $125 Million in Gross Revenues

respec foundation established

integrated solutions partner

fourth-Generation Leadership in Place

RESPEC U – leading employee development

establish infrastructure marketplace business unit

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THE 2025

HORIZON PEOPLE Process

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Great Great Place Place to to Work Work Aligned Culture Culture and and Purpose Aligned Purpose Talent Talent Management Management

Entrepreneurial Entrepreneurial Integrated Solutions Solutions Providers Integrated Providers Innovative Innovative Application Application of of Technology Technology

partner

Value-Added Value-Added Partner Partner Recognized for for Excellence Excellence Recognized

performance

Financially Financially Rewarding Rewarding Sustainable Sustainable Growth Growth for for Opportunity Opportunity

RESPEC | vision 2025

Partnering in everything we do.

Employees and family from the Richardson, Texas, office.

PEOPLE Great Place to Work

Our employees are more than just a number. Each team member is indespensible, and our employees feel that.

To ensure that RESPEC is a “great place to work,” we will:

UPHOLD a climate of mutual trust and respect.

our reputation draws people to work at respec, but our culture makes them want to stay.”

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RESPEC | vision 2025

encourage innovation, creativity, and continual improvement. provide an engaging and positive work environment.

Continue to emphasize and celebrate employee accomplishments.

Aligned culture and purpose

We will define and grow RESPEC based around our cultural cornerstones of core values: the RESPEC PACT.

passion

accountability

We are passionate about work and home and maintaining a balance between the two.

We do what we say we’re going to do.

We relentlessly seek solutions to difficult problems in new and innovative ways.

We maintain the utmost integrity and strong moral values.

We demonstrate our trustworthiness.

We deliberately cultivate a culture of mutual respect.

We work hard and we play hard.

We are dedicated to safety.

We are not satisfied with being stagnant; we continually grow and learn.

We want to be the best.

teamwork

caring

We are a team, and we collaborate for success.

We own this company and our pride of ownership shows in the work we perform together.

We care about our families, coworkers, partners, and communities and demonstrate that dedication through our actions.

We exemplify teamwork through our relationships with our partners.

We give back. We mentor. We support STEM.

We understand the path on which this company is headed and why.

We are invested. And, we make a difference.

Talent management

RECRUIT. DEVELOP. RETAIN.

MANAGEMENT TRAINING AND MENTORING Enhance leadership training programs and advance mentoring programs.

To ensure that employees can build their careers at RESPEC from “hire to retire,” we will:

TARGETED RECRUITING PROGRAM

PERFORMANCE REVIEWS

Enhance our recruitment process to ensure that the RESPEC experience begins from the first interaction with prospective employees.

Evolve performance feedback practices to achieve more frequent, effective interactions.

COMPETITIVE BENEFITS PROGRAM Keep competitive benefits packages and create long-term wealth through employee ownership.

RESPEC | vision 2025

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PROCESS INTERSECTION REPRESENTS:

integrated solutions partner We will develop an integrated entrepreneurial culture focused on collaboration and committed to delivering comprehensive solutions to our partners.

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RESPEC | vision 2025

Aligned Interests

DATA & TECHNOLOGY SOLUTIONS

WATER & NATURAL RESOURCES

Linked SubjectMatter Expertise Diverse Perspective Centered on Innovation

INTEGRATED SOLUTIONS MINING & ENERGY

innovative application of technology To continue pushing the boundaries of innovation, we will:

expand and modernize our business strategy by further empowering our employees to become ambitious, leadingedge entrepreneurs.

PROPOSED RESEARCH AND DEVELOPMENT PROGRAM PROCESS RESEARCH AND DEVELOPMENT IDEA REPOSITORY INITIAL EVALUATION/ PROPOSAL FORMAL PITCH

establish a formal research and development program to foster and

PROJECT FUNDING

incubate dynamic, innovative ideas from employees to ensure that we are staying ahead of current market trends. We will create an internally funded program to research and develop concepts to market.

WORKING RESEARCH AND DEVELOPMENT PROJECT CAPTURE RESULTS AND FEEDBACK

RESPEC | vision 2025

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Employees from across the company collaborating in the Rapid City, South Dakota, office.

PARTNER recognized for excellence

We will be the sought-out "trusted adviser"—collectively, as business units, and individually—to deliver high-quality expertise with excellence. We will:

encourage employees to seek professional certifications and

RESPEC’s Reputation for excellence is a result of our talented professionals focused on doing the right thing for our client partners.”

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RESPEC | vision 2025

expand their professional network and support continuing education for current employees with paid time.

promote industry-leading research through white papers. hire more certified and advanced-degree professionals.

PROVIDE an internal reward system for advancement.

Relationship Development As an integrated solutions partner, we are focused on delivering dynamic solutions that evolve with the complexity of our clients’ needs.

we recognize that the complexity of our clients’ challenges require a partnering approach.” establish a high-touch, value-client relationship program with a clearly identified client manager to build client intimacy.

partner with our clients to drive the most innovative and effective solution to meet their needs.

identify strategic teaming partners and maintain a database of their capabilities.

develop an internal marketing program to reward individuals for expanding services to existing clients.

TEAMING PARTNER INTERNAL

SUPPLIER CLIENT

RESPEC | vision 2025

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PERFORMANCE financially rewarding

engaged budgeting Strategic risk management

PERFORMANCE

accountable performance

We will provide competitive total compensation benefits and long-term retirement opportunities through employee ownership.

organic growth

ADVANCE AND INVEST

as an employee-owned organization, we are committed to sharing all aspects of our success.�

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RESPEC | vision 2025

Shared success acquisitions

SHARED SUCCESS AND REWARDS

improved communication market advancement shared compensation

SUSTAINABLE GROWTH FOR OPPORTUNITY

We will provide employees an opportunity to advance their careers through top-line, core market sector, and diversified growth.

Bottom-line performance

PERFORMANCE

8–12% EBITDA top-line growth

ADVANCE AND INVEST

$125M Gross revenue

Employees from across the company celebrating RESPEC’s 50th Anniversary in May 2019.

shared success

SHARED SUCCESS AND REWARDS

50%

of pretax, prebonus, preretirement profit shared through employee programs

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