32 Fluor Corporation Supply Chain and Digitalization Driven by a global pandemic, geopolitical challenges and an ever-evolving regulatory environment, the market has faced unprecedented uncertainty and supply chain disruptions in recent years. Fluor’s strategic agility, paired with our focus on strengthening supplier relationships and investing in cybersecurity resilience, is positioning us to better support our projects and clients. SUPPORTING PROJECT EXECUTION To enhance Fluor’s project execution capabilities, we combined our Information Technology function with Supply Chain and Commercial Strategies. In doing so, we can more fully leverage our technology expertise and digitalization capabilities in project execution and strategic sourcing. From proposal development to project execution, we support projects worldwide, leveraging advanced sourcing methods and optimizing global contracting and purchasing to obtain the best price, quality and service for our clients. We utilize the expansive, real-time market intelligence provided to navigate challenging market conditions and provide our projects with cost and schedule certainty. This market intelligence is coupled with our Market Dynamics/Spend Analytics (MD/SA) system to leverage data from across Fluor’s global projects to optimize project expenditures. Through the expansion of our supply chain capabilities in Fluor’s distributed execution centers in India, Poland and the Philippines, we are enhancing resource utilization and effectiveness. Despite challenging market conditions, our ability to assess, mitigate and manage supply chain risks is critical to project execution success. Through innovative mitigation strategies, such as commodity and fuel hedging, we minimize exposure to volatile market forces, enabling less risk for our projects and clients. As we navigate changing conditions, we will continue to place an increased emphasis on risk mitigation across all of our projects globally. ENABLING PROJECT DELIVERY SUCCESS 2024 Performance Highlights Fluor-hosted Cyber Security Conference in September 2024 // Greenville, South Carolina, United States $11.1 billion global equipment, material and services commitment across suppliers and contractors in more than 50 countries. Expanded our centralized procurement capabilities with the addition of 50 supply chain professionals in Fluor’s Vadodara, India, office. Pledged $650,000 to multiple organizations to enhance supply chain capabilities.
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