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Safety                              safely is critical   “This is a time that                       Company Updates

                                                                  at this time. You
                                                                  have executed our          calls for added
                                                                  safety program
                               with Jim Grant                                                                                                                                            mobility; growth won't be achieved by going back to the way
                               Vice President, Safety & Field     and the COVID-19   effort and going the                                         Gray Construction
                               Operations                         preparedness plans                                                              with Brian Jones                       things used to be. Instead, we should take advantage of this
                                                                  – enhancing them     extra mile, and the                                                                               opportunity to create a flexible, mobile work environment
                                                                  when needed – and                                                               Chief Operating Officer                that acknowledges we are a traveling business. We must
            Crisis and Culture                                    have truly gone     efforts of our team                                                                                continue to pick up and move from jobsite to jobsite and travel
                                                                  above and beyond                                                                As we look forward to life post-COVID-19,   back and forth to visit our site teams. So, going forward: our
            "Bad companies are destroyed by crisis, good          expectations. Your   members have made
            companies survive them, great companies are           professionalism and                                              I can’t help but think about all we have overcome together   offices will be repurposed to promote teamwork, offer flexible
            improved by them."  — Andrew Grove                    commitment to our   a huge difference.”                          the past few months. In a matter of days, Gray site teams   workspace, and provide a place to visit for meetings and the
                                                                  number one core                                                  reinvented our jobsites to ensure everyone had access to   optimal amount of interaction. Project teams can move around
              Our companies have taken on a special responsibility during   value makes all the                                    new kinds of personal protective equipment, handwashing   to promote more collaboration and create more mobility. We
            this time, being considered essential businesses and needing to   difference during times like these. We are especially grateful for   stations, and measures for social distancing. Our site teams   should embrace that on any given day, up to 25% of us are
            keep our projects running. First and foremost, we would like to   your sacrifices and dedication to our company and customers.    stepped up and led us through this turbulent time – ensuring   not in the office or at our desks. We need to recognize agility
            thank you for what you have done already to weather this crisis.   This is a time that calls for added effort and going the extra   safety and customer satisfaction – all while making personal   as it relates to the recent virus spread and plan for a way to
            Our purpose and values matter to a lot of people, families and   mile, and the efforts of our team members have made a   sacrifices by being away from their homes and families.    grow headcount and revenue without needing more office real
                                                                                                                                     Our offices have also dramatically changed. We went from
      2     communities we work in.                               huge difference. This makes our culture stronger and allows      100% capacity to near empty offices, with most Gray team   estate. We must remain nimble and embrace a highly mobile,   3
                                                                  us expedite areas of improvement. We have initiated mobile
              It is in times of crisis that your culture and values can be tested.
                                                                                                                                                                                         highly digital world.
            Due to our unique culture, a challenging moment like this is the   electronic forms for us and our contractors to use. This   members working from their homes. We have been utilizing   COVID-19 has allowed us to all grow in ways we didn’t
            time to live by our values and let them guide us in making the   strategy is more efficient and reduces paper usage and person   new ways to meet and keep in touch and we've even heard   realize we needed to, but ways that will certainly benefit our
            right decisions. I must say everyone has done a great job putting   to person contact. We will eventually be able to perform
            safety and quality of life first and our values have shined. With all   orientations this way which will streamline our daily jobsite   of some Friday virtual happy hours! For site and office teams,   future. Each and every one of you has turned the challenges
            Gray companies functioning fully and being responsible for three   operations. These improvements will last well beyond our   the changes were abrupt, but the quick adoption of new ways   of this pandemic into an opportunity to LEAD, EXCEED,
            to four thousand people every day, we have seen an extremely   current situation.                                      to work was incredible and has encouraged me to imagine a   and GROW.
            low number of COVID-19 cases across Gray, Inc. projects. In   I am proud of the way our company has risen to this challenge   new way of growing our business in the future. Throughout
            spite of many additional measures being taken to slow the spread   – with flexibility, resilience, courage, and a caring attitude   this challenging time, we have continued to prepare high   V A L UES
            of the virus, we have continued to maintain a high level of general   towards people. Thank you to everyone for your enormous   quality proposals and win new work. While facing many         We put safety and quality of life first.
            construction safety on all of our projects.           contributions.                                                   obstacles, we have learned a lot about remote work and the
              I would like to recognize in particular all of our site teams – your   Stay safe for your family and keep others safe for   benefit of being able to work anywhere with WiFi. I believe     We are customer and relationship driven.
            commitment and dedication to keeping our projects running   their families.                                            that our "new normal" should embrace a higher degree of                We treat others the way we want to be treated.


            Safety                                                Personal Commitment

            Statistics                                            to Safety                                                                       West Region                                           Ohio Valley
                                                                                                                                                  with Bob Moore
                                                                                                                                                                                                        with Steve Renshaw
            All statistics reported for Gray are cumulative for Calendar Year 2020                                                                President                                             President
                                                                                                                                                  Gray West and Timberwolff are making                  Thanks to everyone on our team for their
                                0     Fatality                                             Riley Musick                                          lemonade out of lemons, winning battles              dedication and efforts to keep our work and
                                                                                           Site Safety Tech                        against the pandemic on all fronts. I could not be prouder of   projects moving forward under stressful circumstances. We all
                                          Majors                                                                                   how our team has risen to the occasion and shown their mettle   look forward to the final victory over this virus.
                                0         (Disabling Accidents)                                                                    in the face of this pandemic. At Gray West, we established a   We are eight months into our business year. The good news

                                                Recordable Accident                                                                sales margin goal to put $3.5 million in backlog by July 1st.   is the goals we set for the year are on track for a successful
                                16              (Off Work, Limited Work,                                                           The heroic efforts put forth by our estimating team, business   year. The projects we started in 2019 are wrapping up with
                                                and No Lost Time)                                                                  developers and operations give me great confidence our goal   excellent results. Our sales goal for the year is lagging behind
                                                                                                                                   will be met, and probably exceeded. Kudos to our IT team for   due to the shutdown of the economy for three months and
                       121              50                        "My commitment to safety is to                                   supporting our quick move to working remotely, implementing   the negative impact it has had on the industries we serve. In
                                                                  invest my time, attention and                                    new technology tools and improving the efficiency and   the last 30 days, there has been an uptick in the amount of
              Near Miss / Property Damage  First Aid / Injury but not recordable                                                   effectiveness of communication internally and externally. Our   opportunities for new work. All of our energies are rightfully
                                                                  passion to the safety of each                                    Purchasing staff has been able to keep us supplied with hand   focused on creating new work for 2020 and 2021.
            A goal of zero lost time incidents means there is a level of acceptance of                                             sanitizer, masks and gloves to meet our Covid-19 safety plan   We lost a close friend and coworker with the passing of
            other types of incidents that do not lead to lost time. When other incidents are   and every team member on            standards.                                            Darryl Price in May. Darryl celebrated his 25-year anniversary
            accepted, then we increase the chance that lost time, and more severe incidents                                          I have enjoyed seeing the proof that we are a ‘family’
            will occur. The triangle graphic above is an illustration of this. Gray’s focus is to   my site, and to take personal                                                        with Gray in April of this year, and most recently had been the
            stop all incidents, by starting at the very bottom of the triangle. If we eliminate                                    business. On video conferences, we see many eager students   Superintendent for all the office renovations at Gray Lexington.
            all incidents, then we eliminate the possibility of the catastrophic incident. By   interest in the well-being of my   working right next to mom and dad and, of course, lots of   We will long remember the joy and impact of Darryl’s friendship
            definition, a lost time incident is an injury event that causes a worker to miss at                                    pets. A big videoconference highlight has been to have family   and his example to us. He was rock solid in his integrity, love
            least one day of work. A safety incident is any event that needs to be tracked and                                     members cover Gray’s purpose and core values together. As   of his family, pride in his work, and humility. We will honor his
            recorded regardless of whether medical attention was required or not.  team members."
                                                                                                                                   we get back to a new normal, we will be stronger than ever.   legacy by sharing his story and living out what he taught us all.
                                                                                                                                   Thank you Team Gray!
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