Granite Construction Overview 1

Granite Construction, Inc. (NYSE:GVA), is a full-service general contractor, construction management firm, and construction materials producer.

Recognized as one of the top 25 largest construction companies in the U.S., Granite specializes in complex infrastructure projects, including transportation, industrial and federal contracting.

MARKETS FINANCIAL CAPACITY + BONDING Transportation, Federal, Power, Industrial, Strong Balance Sheet ($358 Million in cash, cash Water & Wastewater, Facilities, Tunneling equivalents and marketable securities) in 2014 Total Contract Backlog: $2.7 Billion in 2014 SERVICES Bonding Capacity $5 Billion Aggregate, Disaster & Emergency Response Single-Project: $450 Million Environmental Remediation QA/QC & Testing NATIONAL WORKFORCE Construction Management 5,000 construction management personnel/craft workers Design-Build, CMAR, CM/GC, P3 Logistics EQUIPMENT FLEET Pavement Preservation/Rehabilitation The replacement value of Granite’s Equipment Fleet Slip Form Lining exceeds $650 Million, and includes over 1,500 units of heavy construction equipment and 3,500 trucks, trailers OFFICE LOCATIONS and vehicles Granite operates regional/area/project offices and plant operations coast-to-coast in the continental U.S., Alaska, CONSTRUCTION MATERIALS Canada and Guam. For complete office locations visit Owns/Operates 47 aggregate facilities, 69 hot-mix plants, graniteconstruction.com and 25 ready-mix concrete plants nationwide. Granite is one of the nation’s largest producers of high-quality SUBSIDIARIES construction materials (specialty aggregates, sand/gravel, Granite Construction Company, Granite Construction asphalt concrete and ready-mix concrete) Northeast, Inc., Kenny Construction, Intermountain Slurry Seal, Inc., Granite Construction Federal Division, Granite STOCK MARKET/ TRADING SYMBOL Land Company, Garco Testing Laboratories New York Stock Exchange (NYSE) Granite Construction Incorporated (GVA)

Granite and Kenny Granite Of ces NATIONWIDE OFFICE LOCATIONS Kenny Of ces both operate across Granite Large Projects the U.S. utilizing Kenny Projects both area and regional offices. This Alaska allows us the value of a local, established workforce and sub/ supplier base, coupled with the support of Guam national resources and capabilities.

1 Granite Construction Capability & Resources 2

Granite is proud to be honored for six straight years of recognition by Ethisphere® as a World’s Most Ethical Company®. We’re the only Construction and Building Materials company in the U.S. to receive the honor. This is a testament to our commitment to the Code of Conduct and Core Values that have guided our company since the 1940s. It’s that commitment, lived daily by our people, that enables us to uphold the highest of ethical standards.

MANPOWER - Granite typically self-performs approximately 60% - 70% of the construction services in our contracts. FACTS With over 1,600 salaried employees and 5,000 skilled hourly construction workers nationwide, our firm offers the capability to manage projects in any state. 5,000 Employees EQUIPMENT FLEET – Granite has one of the largest self- owned equipment fleets in the nation. With approximately 10,000 units (including portable aggregate plants) and a total replacement value of $725 million, we rank #4 in Construction $2.3 Billion Equipment Magazine’s list of “Top Construction Giants.” Our Annual Revenue offices maintain a complete fleet of local equipment, including paving equipment, loaders, scrapers, rollers, and portable plants. Granite owns enough paving equipment to mobilize dozens of paving crews simultaneously anywhere throughout 47 the U.S., Alaska, Hawaii and Guam. Aggregate Facilities MATERIALS - Granite is one of the country’s largest producers of sand, gravel, ready-mix and asphalt concrete, and other construction materials. We own and operate 47 aggregate #26 facilities, 69 hot mix plants, and 25 ready-mix concrete plants ENR Top 400 Contractors across the western United States, many of them are portable units that can be mobilized to remote project sites throughout the country. #6 PAVEMENT ENGINEERING AND MIX DESIGNS - We offer ENR Top 50 Domestic Heavy a in-house service for pavement design and engineering. Our engineering group works in conjunction with the project team and the owner to produce best-value designs that consider climate, use, traffic, material availability, environmental #8 sensitivity, cost and life expectancy. ENR Top 20 Transportation

Granite owns one of the largest heavy construction equipment and vehicle fleets in the nation, consisting of over #25 10,000 units with a replacement value of over $725M. ENR Top 100 by New Contracts #32 ENR Top 100 Design-Build Firms #122 ENR Top 250 Global