Quanta Services said the Compensation Committee of its Board of Directors adopted the 2025 annual incentive plan for all corporate employees, the 2025 long-term incentive plan for senior leadership and the 2025 discretionary plan for all employees on February 27, 2025.

1. 01

   Quanta Services said the Compensation Committee of its Board of Directors adopted the 2025 annual incentive plan for all corporate employees, the 2025 long-term incentive plan for senior leadership and the 2025 discretionary plan for all employees on February 27, 2025.

2. 02

   The company said certain employees, including all executive officers, are eligible to receive incentive compensation in cash, restricted stock units and/or performance stock units, and that the committee set target incentive amounts for each executive officer.

3. 03

   The company said the annual performance metrics for 2025 are EBITDA, EBITDA margin and safety, and the long-term incentive metrics for the January 1, 2025 to December 31, 2027 performance period are return on invested capital, earnings per share and total stockholder return.

4. 04

   The company said all equity-based awards under the Incentive Plan will be granted under the Quanta Services, Inc. 2019 Omnibus Equity Incentive Plan, as amended, and the related award agreements, and that other plans approved by the Board or stockholders as required may also be used.

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Original filing

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