14 FLUOR CORPORATION * Debt-to-capitalization ratio is a non-GAAP financial measure calculated by dividing (i) long-term debt by (ii) total capitalization (the sum of long-term debt and total shareholders’ equity). FINANCIAL PERFORMANCE $15.5B Revenue Percentage of reimbursable backlog Debt-to-capitalization ratio* 81% 25% 2025 HIGHLIGHTS Tengizchevroil facility // Atyrau Oblast, Kazakhstan Hellas Gold Skouries Project // Halkidiki Peninsula, Greece Portsmouth Decontamination and Decommissioning Site // Pike County, Ohio, United States Our Impact
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