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Major Products/Services of TIC Solutions

• Digital Transformation Consulting: Advises businesses on leveraging technology to improve operations, customer experience, and business models.
• Custom Software Development: Designs, develops, and implements bespoke software applications tailored to specific client needs.
• Cloud Migration & Management: Assists organizations in moving their infrastructure and applications to cloud platforms and manages their cloud environments.
• Data Analytics & AI Solutions: Provides services for collecting, analyzing, and interpreting data to drive insights, including implementing artificial intelligence and machine learning models.
• Cybersecurity Services: Offers solutions to protect digital assets, including threat detection, vulnerability assessments, and incident response planning.

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I am unable to identify a publicly traded company specifically named "TIC Solutions" with the stock symbol "TIC" for which customer information is readily available.

Information regarding a public entity with this exact name and symbol, along with its major customers, does not appear in standard financial databases or public company records.

Therefore, I cannot provide a list of major customers (company names and symbols) or categorize individual customers for the specified "TIC Solutions (symbol: TIC)."

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Talman B. Pizzey, Chief Executive Officer

Mr. Pizzey was appointed CEO of TIC Solutions in July 2024 and has served as CEO of TIC Solutions and its affiliated companies since December 2019. Prior to his CEO role, he was the Chief Operating Officer for TIC Solutions' Canadian businesses since 2005. He previously served as Chief Operating Officer of Acuren Canada at Acuren Inspection, Inc., and Chief Executive Officer and President of Acuren Group Inc. Mr. Pizzey holds a bachelor's degree in metallurgical engineering and an MBA from the University of Alberta.

Kristin Schultes, Chief Financial Officer

Ms. Schultes was appointed Chief Financial Officer of TIC Solutions in December 2024. She joined TIC Solutions from APi Group, where she most recently served as Vice President of Corporate Development since January 2021. Before that, Ms. Schultes held several financial and operational leadership roles at Metropolitan Mechanical Contractors, Inc., a portfolio company of APi Group, including President and Chief Financial Officer. She began her career in public accounting with Deloitte and Grant Thornton, focusing on attestation, M&A, and Sarbanes-Oxley compliance.

Benjamin Heraud, President and Chief Operating Officer

Mr. Heraud was appointed President and Chief Operating Officer of TIC Solutions in August 2025. He previously served as Chief Executive Officer of NV5 Global, Inc. from January 2025 until its acquisition by TIC Solutions in August 2025. Before becoming CEO, he was Co-Chief Executive Officer of NV5 from March 2024 to January 2025, and Chief Operating Officer for NV5 since May 2017. Mr. Heraud co-founded Energenz in November 2009 and served as its CEO from 2013 until its acquisition by NV5. He earned a Bachelor of Science degree in Energy Management from Otago University.

MaryJo O'Brien, Chief Human Resources Officer

Ms. O'Brien was appointed Chief Human Resources Officer of TIC Solutions in August 2025. She brings over 24 years of experience in human resources and administration within the engineering and consulting engineering industry. Prior to this, she was Executive Vice President of Human Resources and Administration at NV5 since 2010. She also held positions at Nova Group Services, Inc. and Bureau Veritas North America.

Richard Tong, General Counsel

Mr. Tong was appointed General Counsel of TIC Solutions in August 2025. He previously served as Executive Vice President and General Counsel of NV5, starting in April 2010, and held various other leadership roles within NV5 group companies since its formation in 2010. Before joining NV5, Mr. Tong was Executive Vice President and General Counsel for Bureau Veritas, a global testing, certification, and inspection firm, from 2003 to 2009.

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The key risks to TIC Solutions (symbol: TIC) primarily stem from its recent corporate activities and financial structure:

1. Integration and litigation risks from acquisitions: The company has recently undergone significant corporate changes, including its name change from Acuren Corporation to TIC Solutions, Inc. in October 2025, and a merger with NV5 in August 2025. SEC filings disclose potential integration and litigation risks associated with these acquisitions, which can be complex and impact future operations.
2. Substantial indebtedness and related covenant constraints: TIC Solutions carries substantial indebtedness, which exposes the company to financial risks and potential limitations imposed by debt covenants. This can affect its financial flexibility and operational decisions.
3. Material weaknesses in internal control over financial reporting: The company has identified material weaknesses in its internal control over financial reporting. Such weaknesses can lead to inaccuracies in financial statements, potential regulatory scrutiny, and a decrease in investor confidence.

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TIC Solutions (symbol: TIC) operates primarily in the Testing, Inspection, Certification, and Compliance (TICC) services market, also referred to as critical asset integrity services.

The addressable market for their main products and services, the global Testing, Inspection, and Certification (TIC) market, is estimated to be between USD 262.97 billion and USD 380 billion in 2025. Projections indicate this market could grow to between USD 282.76 billion and USD 600 billion by 2030 or 2031, with compound annual growth rates ranging from 3.4% to 10%.

For the North American region, where TIC Solutions primarily operates, the TIC market is recognized as a significant and growing segment within the global market. North America is expected to grow at a rate of 7% to 9%, with the U.S. leading the region. In 2023, North America accounted for a 29% revenue share of the global TIC market. It is also identified as the largest market by some analyses.

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TIC Solutions (symbol: TIC) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:

• Strategic Acquisitions and Integration: The acquisition of NV5 Global, Inc. is a significant growth driver, broadening TIC Solutions' end-market exposure to faster-growth verticals such as data centers and infrastructure, and enhancing cross-selling potential for integrated inspection and engineering solutions.
• Increased Regulatory Demand and Compliance: Heightened global emphasis on critical infrastructure resilience, aging asset maintenance, and intensifying regulatory scrutiny creates durable, non-discretionary demand for TIC and engineering services, supporting more stable, recurring revenues.
• Technological Advancements and Digital Transformation: The adoption of tech-enabled solutions, including remote monitoring, digitalization, and automation, for more efficient and continuous inspection and certification services, will drive growth and enhance service offerings.
• Expansion into High-Growth End-Markets: The strategic expansion into faster-growing verticals like data centers and infrastructure, primarily driven by the NV5 Global acquisition, allows TIC Solutions to capitalize on increasing demand in these specialized areas.

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Share Issuance

• In October 2025, TIC Solutions (TIC) completed a shelf registration, issuing over 20 million shares of common stock and raising $256 million.
• Earlier in October 2025, the company completed a private placement of US$250 million, involving the sale of approximately 20.8 million shares of its common stock to an existing institutional investor.
• Acuren Corporation, which announced its intention to rebrand as TIC Solutions, Inc., issued shares of common stock to stockholders of NV5 Global, Inc. in connection with the merger completed on August 4, 2025.

Inbound Investments

• A US$250 million private placement with institutional investor participation was completed on October 7, 2025.

Outbound Investments

• Acuren Corporation (now TIC Solutions, Inc.) completed a transformational merger with NV5 Global, Inc. on August 4, 2025, creating a market-leading $2 billion Testing, Inspection, Certification, and Compliance (TICC) and engineering services company.