KBR — Oct 30, 2025 release

Government shutdown. Updated Fiscal Year 2025 Guidance Prior Fiscal Year 2025 Guidance Revenues $7.75B - $7.85B $7.9B - $8.1B Adjusted EBITDA $960M - $980M $960M - $980M Adjusted EPS $3.78 - $3.88 $3.78 - $3.88 Operating cash flows $500M - $550M $500M - $550M The company does not provide reconciliations of Adjusted EBITDA and Adjusted EPS to the most comparable GAAP financial measures 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. Strategic Intent to Spin Off Mission Technology Solutions On September 24, 2025, the company announced its intention to spin off its Mission Technology Solutions segment into a separate, U.S. publicly-traded company. Upon completion, KBR and its shareholders will benefit from ownership in two pure-play public companies with enhanced strategic focus, operational independence, and financial flexibility. The planned spin-off is intended to be tax-free to KBR and its shareholders for U.S. federal income tax purposes and targeting completion by mid-to-late 2026. The spin-off will be subject to final approval by KBR's Board of Directors and other customary conditions. Additional details regarding the spin off transaction are available on the Inv