Matrix Service Company Joins Hydrogen Led by Global CEO

TULSA, Okla., Jan. 26, 2022 (GLOBE NEWSWIRE) — Matrix Services Company (Nasdaq: MTRX) today announced its membership in the Hydrogen Council, a global coalition led by CEOs working to accelerate the energy transition through hydrogen. The organization is made up of more than 130 companies from around the world representing a variety of sectors, all committed to developing the hydrogen value chain to contribute to a clean and diverse energy system.

“We are extremely proud to have been accepted as a member of the Hydrogen Council and look forward to working with other members to advance the potential of hydrogen as a clean energy source and to support energy and industrial customers as they invest in strategic infrastructure in hydrogen and other low-carbon solutions,” said John R. Hewitt, CEO of Matrix Service Company.

“In addition to our work with the Hydrogen Council, with a growing pipeline of opportunities for hydrogen infrastructure in North American energy and industrial markets, we are also strengthening our internal resources and working in partnership with suppliers. technology companies such as Chart Industries to develop hydrogen solutions in North America, including hydrogen liquefaction plants, marine bunkering, fueling stations, plant expansions, storage expansion, refueling of spacecraft and other hydrogen-related facilities.

About Matrix Service Company

Matrix Service Company (Nasdaq: MTRX), through its subsidiaries, is one of North America’s leading industrial engineering, construction and maintenance contractors. Korea.

The Company reports financial results in three key operating segments: Utilities and Power Infrastructure, Industrial Process and Facilities, and Storage and Terminal Solutions.

By focusing on sustainability, creating strong environmental, social and governance (ESG) practices and living our core values, Matrix is ​​ranked among the top contractors by Engineering-News Record, has been recognized for the diversification of its Board of Directors, is an active CEO Action for Diversity and Inclusion signatory, and is consistently recognized as a Great Place to Work®. To learn more about Matrix Service Company, visit www.matrixservicecompany.com and read our first sustainability report.

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About the Hydrogen Council:

The Hydrogen Council is a global, CEO-led initiative that brings together leading companies that share a united vision and long-term ambition for hydrogen to drive the clean energy transition. The Council believes that hydrogen has a key role to play in achieving our global decarbonization goals by helping to diversify energy sources around the world, fostering business and technological innovation as drivers of economic growth at term and to decarbonize hard-to-reduce sectors. Using its global reach to promote collaboration between governments, industry and investors, the Council provides guidance on accelerating the deployment of hydrogen solutions around the world. It also acts as a business marketplace, bringing together a diverse group of over 130 companies based in over 20 countries and across the hydrogen value chain, including large multinationals, innovative SMEs and investors. The Hydrogen Council also serves as a safety standards resource and interlocutor for the investment community, while identifying regulatory advocacy opportunities in key geographies. To learn more, visit www.hydrogencouncil.com and follow us on Twitter @HydrogenCouncil and LinkedIn.

Hydrogen Council press service [email protected]

This release contains forward-looking statements that are made in reliance on the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are generally accompanied by words such as “anticipate”, “continue”, “expect “, ” provide “. “, “outlook”, “believe”, “estimate”, “should” and “will” and words of similar effect which convey future meaning, relating to the operations of the Company, economic performance and the best judgment of the direction as to what might happen in the future. Future events involve risks and uncertainties that may cause actual results to differ materially from those we currently anticipate. Actual results for current and future periods and other business developments will depend on a number of economic, competitive and other influences, including the factors discussed in the “Risk Factors” and “Forward-Looking Statements” sections. and elsewhere in reports and filings made from time to time with the Securities and Exchange Commission. Many of these risks and uncertainties are beyond the Company’s control, and any one of them, or any combination thereof, could have a material and adverse effect on the Company’s results of operations and financial condition. . We assume no obligation to update the information contained in this press release.

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