Page 7 - WattsLine 2020 Issue 2

To Do More Than Expected Page 7

As you know, COVID-19 has caused a de-

Fellow Owners: lay with many third-party professionals
that assist Tri-City each year in the

valuation of our company stock program. The good news is that we are preparing
the 2019 ESOP statements, which we expect to be mailed out later this month.
Statements will also be available for view online at :
https://www.principal.com/create-account.

We are excited to announce that Tri-City's 2019 Stock Price has increased again
from last year's price of $46.58!
Fun Facts:
• The Tri-City ESOP was established in February of 2017.

• 518 Active Participant Owners with an average account balance of $38,100.56!
• 103 New Participant Owners joined the Tri-City ESOP in 2019. E
Over the past three years as an ESOP, our company's value has increased for
many reasons, but at the heart of that increase is the daily contribution from so S
many of YOU; we are well on our way toward building something great. By continu-
ing to deliver quality products and services to our clients, you contribute to the bot-
tom line and add value every day! O
Due to COVID-19, we plan to host our annual Employee ESOP meetings thru virtual
means for you to watch. Those dates are being confirmed and will be communicat- P
ed to everyone by email. A Q&A session will also be available with the opportunity

to submit questions. More information will follow, so stay tuned.
Thanks again for making Tri-City the best place to work in Florida, and we're so
proud to be named ABC's National 2020 Contractor of Year!

ESOP: What does being an employee-owner mean to you?

“Being responsible for your employees and taking care of them” - Ed Garcia

“It means you are responsible for the success of the Tri-City” - Jorge Torres

“To me it means that we are more responsible for the benefits as well as the down-
falls of the company“ - Jeff Jenkins

“Being an owner makes me feel like I’m part of the company, not a tool” - Emilio

Torres