Interest Rate Risk Our interest rate risk relates primarily to fluctuations in variable interest rates on our revolving credit facility and term loan facility (collectively, the “Credit Facility”) and our cash and cash equivalents balance. Our indebtedness as of June 30, 2026 included $285 million of variable rate debt under our Credit Facility. At June 30, 2026 a 100-basis point (or 1%) increase or decrease in the interest rate would increase or decrease interest expense by approximately $2.9 million per year. As of June 30, 2026, we held cash and cash equivalents of $464.5 million. At June 30, 2026 a 100-basis point (or 1%) increase or decrease in the interest rate would increase or decrease interest income by approximately $4.6 million per year. As noted in Note 9 - Debt, the Company made a final payment of $285 million in respect of all principal and interest then outstanding on the term loan facility on July 2, 2026. Other Fair Value—The carrying values of the Company’s cash and cash equivalents, accounts receivable and accounts payable approximate their fair values because of the short-term nature of these instruments. Based upon the current market rates for debt with similar credit risk and maturities, at June 30, 2026, the fair value of our debt outstanding approximated the carrying value, as interest was based on SOFR plus an applicable margin. Inflation—Since 2021, supply chain volatility and inflation has resulted in price increases in oil, fuel, lumber, concrete, steel and labor which have increased our cost of operations, and inflation has increased our general and administrative expense. Anticipated cost increases are considered in our bids to customers; however, inflation has had, and may continue to have, a negative impact on the Company’s financial results. 29