Corporate governance is the system by which business corporations are directed and controlled. The corporate governance structure specifies the distribution of rights and responsibilities among different participants in the corporation, such as, the board, managers, shareholders and other stakeholders, and spells out the rules and procedures for making decisions on corporate affairs. By doing this, it also provides the structure through which the company objectives are set, and the means of attaining those objectives and monitoring performance. From a family company to an award-winning industry leader, Tutor Perini Corporation has built its decades-long heritage on a foundation of intelligence, intensity and integrity. Those qualities — and an unceasing commitment to project success — have driven our evolution into a leading civil, building and specialty construction company focused on large and complex projects.We have logged more than 120 years of experience building infrastructure for cities in the United States and around the world. Our companies laid railroads, electrified monuments, kept workers busy during the Great Depression and built the Interstate Highway Program. The industry intelligence we have cultivated through decades of quality work translates directly to smarter solutions for our clients today. From inventing a new pricing and project delivery process that enabled Silicon Valley’s explosive growth to pioneering fast-track scheduling and construction, we deliver innovative solutions that save our clients time and money. Our clients count on us to deliver multi-million and billion dollar projects. With such high stakes, execution excellence is not a goal — it is a requirement. Over more than a century, we have honed the intensity, responsiveness and adaptability necessary to deliver on projects of this scale. Management, with Board of Directors (“Board”) oversight, is responsible for setting the Company’s ESG strategy and metrics and monitoring achievements toward those metrics. In 2021, we created an ESG Task Force comprised of management representatives from the following functions: Legal; Investor Relations and Corporate Communications; Finance; Human Resources; Health, Safety and Environment; Fleet Operations; Marketing; and Information Technology. The ESG Task Force was charged with the responsibility to monitor our adherence to our ESG standards and formally communicate their findings on an ongoing basis to our CEO and the Board.