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D.A. Davidson & Company

D.A. Davidson & Company. 14 th Annual Engineering & Construction Conference September 10, 2015. Forward-Looking Statements.

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D.A. Davidson & Company

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  1. D.A. Davidson & Company 14th Annual Engineering & Construction Conference September 10, 2015

  2. Forward-Looking Statements This material and related presentation may contain certain forward-looking statements within the meaning of the Private Securities Reform Act of 1995. Any such comments are based upon information available to EMCOR management and its perception thereof, as of this date, and EMCOR assumes no obligation to update any such forward-looking statements. These forward-looking statements may include statements regarding market opportunities, market share growth, gross profit, backlog mix, projects with varying profit margins, and selling, general and administrative expenses. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Accordingly these statements are no guarantee of future performance. Such risk and uncertainties include, but are not limited to, adverse effects of general economic conditions, changes in the political environment, changes in the specific markets for EMCOR’s services, adverse business conditions, availability of adequate levels of surety bonding, increased competition, unfavorable labor productivity and mix of business. Certain of the risks and factors associated with EMCOR’s business are also discussed in the Company’s 2014 Form 10-K and in other reports filed from time to time with the Securities and Exchange Commission. All these risks and factors should be taken into account in evaluating any forward-looking statements.

  3. EMCOR Group • Leading specialty construction, building and industrial services provider • 2015 estimated revenues ~$6.6B • 29,000+ employees

  4. Why EMCOR • Significant expertise in project execution and service delivery • Excellence in managing skilled trades people • Disciplined and effective cost management • Broad array of services delivered into growing / recovering end markets • Platform for earnings growth • Strong and liquid balance sheet • Flexibility for organic growth and acquisitions • History of consistent cash generation • Cash flow ± net income

  5. Leading Market Position Across all Businesses EMCOR GROUP, INC. 2014 Revenue: $6.4B CONSTRUCTION SERVICES BUILDING SERVICES 2014 Rev: $1.7B INDUSTRIAL SERVICES 2014 Rev: $0.8B EMCOR UK 2014 Rev: $0.4B MECHANICAL CONSTRUCTION 2014 Rev: $2.2B ELECTRICAL CONSTRUCTION 2014 Rev: $1.3B MOBILE MECHANICAL SERVICES SITE-BASED SERVICES GOVERNMENT SERVICES

  6. CONSTRUCTION – U.S. Leading Specialty Construction Contractor • Sheet Metal • HVAC • Process Piping • Fire Protection • High Purity Piping • Plumbing • Low Voltage • Voice & Data • Lighting • Security / Alarm • Transmission & Distribution • High Voltage

  7. BUILDING SERVICES – U.S. Leading National Provider of Building Services • National HVAC Services • Building Control Systems • Retrofit Projects • Repair Services • Service Agreements • Operations & Maintenance • HVAC Services • Retrofit Projects • Preventative Maintenance • Energy Efficiency Upgrades • Base Operations • Facilities Management • IDIQ Projects • Operations & Maintenance • Supplier Management

  8. U.S. Industrial Services Leading Provider of Refinery / Petrochemical Turnaround Services • Heat Exchanger Service / Fabrication • Embedded Contracts • Turnaround Services • Heat Exchangers, including HF Alky Units • Fluid Catalytic Cracking Units • Coking Units • Specialized Welding • Field Services • Maintenance Capital Projects

  9. Balanced Revenue Distribution Source Geography 13% 5% 33% 35% 95% 19% ($ Millions) 2014 Revenues ($ Millions) 2014 Revenues $6,075 350 $6,425 $2,091 1,230 2,264 840 $6,425 United States New Construction U.K. Retrofit & Renovating Building Services (Incl. UK) Industrial Services

  10. Service Revenue is Growing as a Percent of Total Revenue ($ Millions) ~$6,600 $6,425 $6,334 $6,195 $6,057 • 2014 service revenue ~$3.1 billion or 48% • Recurring service revenue base under more cyclical construction business $5,450 $5,154 $5,037 $4,698 48% 45% 45% 45% 34% 42% 38% 31% Service Construction

  11. Commercial Hospitality Industrial Healthcare Institutional Transportation Water & Wastewater Backlog by Market Sector ($ Millions) $3,624 $3,634 $3,618 $3,344 $3,302 $3,224 $2,953 $2,816

  12. Backlog by Segment ($ Millions) $3,624 $3,634 $3,618 $3,344 $3,302 $3,224 $2,953 $2,816 Mechanical Electrical Building Services Industrial Services EMCOR UK

  13. Key Financial Data – Income Statement ($ Thousands, except per share information) (Unaudited)

  14. Key Financial Data – Balance Sheet ($ Thousands)

  15. 2015 Outlook • Private non-residential construction market continues to improve • Backlog on commercial and transportation sectors positive for 2015 and 2016 • Building Services will benefit from continued growth in retrofit and energy savings projects • Fall turnaround season expected to be solid • Strong and liquid balance sheet

  16. 2015 Guidance

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