KBR — Oct 23, 2024 release

Updated Fiscal 2024 Guidance Prior Fiscal 2024 Guidance Revenue $7.5B - $7.7B $7.4B - $7.7B Adjusted EBITDA $840M - $870M $825M - $850M Diluted EPS * $2.91 - $3.01 $2.94 - $3.09 Adjusted EPS * $3.20 - $3.30 $3.15 - $3.30 Operating cash flows $460M - $480M $460M - $480M * Fiscal 2024 Diluted and Adjusted EPS guidance is calculated using a share count of approximately 135 million. The company does not provide a reconciliation of Adjusted EBITDA to the most comparable GAAP financial measure on a forward-looking basis because the company is unable to predict with reasonable certainty the ultimate outcome of legal proceedings, unusual gains and losses, and acquisition-related expenses without unreasonable effort, which could be material to the company’s results computed in accordance with GAAP. Conference Call Details The company will host a conference call to discuss its third quarter financial results on Wednesday, October 23, 2024, at 6:30 a.m. Central Time. The conference call will be webcast simultaneously through the Investor Relations section of KBR’s website at investors.kbr.com . A replay of the webcast will be available shortly after the call on KBR’s website or by telephone at +1.866.813.9403, passcode: 158025. 1 As used throughout this release, book-to-bill excludes long-term UK PFIs and the Plaquemines LNG project. The exclusion of the Plaquemines LNG project from book-to-bill is a change from prior quarters. Bookings and options exclude long-term UK PFIs and the Plaquemines LNG project. 2 As used throughout this earnings release, Adjusted EBITDA