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Acerca de BACK TO MAIN Work, Meet Life. The most important part of who we are is outside of working hours. Let's recognize that too. Though you might spend a large portion of your time on the clock for your work team, you lead a whole life out there that doesn't include MCI or Gamut. So let's celebrate the good news, exciting updates, welcome new babies, see your pets, watch your kid make that soccer goal, and even share in the tough stuff that could use a little support. We could all use a moment to smile, celebrate, and just be human. Here's the space to do it! Let's go Gamut Marathoner, Katrina Ramey! Congratulations are in order for Katrina Ramey, who has impressively completed the Chicago Marathon! Her dedication and hard work paid off with an outstanding finish time of 04:15:19. This achievement is not only a testament to her physical endurance but also her unwavering determination and commitment to excellence. Katrina's accomplishment is an inspiration to us all, showcasing the remarkable results of perseverance and discipline. We are incredibly proud of her and look forward to celebrating more of her achievements in the future. Well done, Katrina! 🎉🏃♀️ Congrats, Bobby! Congratulations to Bobby Gudger for securing first place in the kayak category at the Crafting for Kids Canoe, Kayak, SUP race held on October 7, 2023. Bobby's dedication to his own health and fitness journey not only brought him this well-deserved accolade but also shone a spotlight on two remarkable charities. The Masonic Home for Children at Oxford: This year marks the 150th anniversary of the Masonic Home for Children in Oxford, NC. A beacon of hope and support, the home has sheltered over 11,000 children throughout its history. Currently, it serves as a nurturing abode for approximately 80 children. Beyond providing a roof over their heads, the organization has extended its support to over 27,000 children this year alone, offering various forms of aid and care. Gold Star Family/Mothers Recognition: October holds special significance as it's Gold Star Family/Mothers month, a decade-long tradition honoring the resilience of families who have lost a parent in military or law enforcement service. This program plays a crucial role in supporting teens during some of their most challenging times, acknowledging the sacrifices made by their loved ones in service to our country. Kitty looking for a home! The Rukse family is at it again, extending a helping hand, one cat at a time! We'd like to introduce you to Jule, a charming young ginger kitty who appeared in late October. He wasn't microchipped and, unfortunately, no one seems to be searching for him. He may have been lost or left behind, but we've made sure to provide him with food and shelter in the meantime. Jule has shown interest in becoming an indoor cat, but our household has reached its limit for permanent furry residents. However, we're collaborating with a local rescue to offer him temporary indoor fostering until a forever home is found. For anyone interested in adopting this delightful and handsome guy, please reach out to us (crukse@mcihvac.com ). He was recently taken to the vet, where he was neutered and had his vaccinations updated. He tested negative for common feline diseases and is currently being socialized with other cats. We haven't observed his interactions with children, so a home without young kids would probably be preferable for him.

Acerca de BACK TO MAIN Work, Meet Life. The most important part of who we are is outside of working hours. Let's recognize that too. Though you might spend a large portion of your time on the clock for your work team, you lead a whole life out there that doesn't include MCI or Gamut. So let's celebrate the good news, exciting updates, welcome new babies, see your pets, watch your kid make that soccer goal, and even share in the tough stuff that could use a little support. We could all use a moment to smile, celebrate, and just be human. Here's the space to do it! Let's go Gamut Marathoner, Katrina Ramey! KR1 KR2 KR7 KR1 1/7 Elevating this to the top spot because our next newsletter update will be celebrating Katrina's remarkable achievements! Meet Katrina Ramey, the Account Manager extraordinaire for our Gamut team. We can't help but boast about her incredible accomplishments. Just last year, Katrina conquered the Chicago Marathon, crossing the finish line with a remarkable time of 4 hours, 30 minutes, and 58 seconds, maintaining an impressive average pace of 10 minutes and 21 seconds per mile! But here's the exciting part: Katrina is gearing up for an encore performance at the Chicago Marathon this October. She's already marked two half-marathons off her list, with three more to conquer. Her race times are improving steadily, as evidenced by her outstanding performance in the Mother's Day half-marathon, where she secured a well-deserved 3rd place finish in her age group. But wait, there's more! Katrina is taking her athletic prowess to a whole new level by participating in her very first triathlon in Culver, IN, this August. And if that's not enough, brace yourself for this: right after the Chicago Marathon in early October, she's set to tackle the Indianapolis Marathon in late October. Can you believe it? Katrina's unstoppable! Congrats, CNA Bailey! Bailey, the granddaughter of Rebecca Caldwell, has achieved a remarkable milestone in her journey towards a fulfilling healthcare career. With determination and dedication, she recently earned her CNA certification and has taken up a vital role at Caramont Regional Medical Center. Bailey's exceptional commitment to her education and passion for nursing caught the attention of Gaston College, where she has been handpicked for a prestigious full scholarship. This scholarship marks her final 'regular' semester of college, paving the way for her entrance into their esteemed nursing program. Congratulations to Bailey for her outstanding achievements; she is on a path to make a significant impact in the world of healthcare!" Employees of MCI & Gamut Embark on Exciting Adventures as Summer Comes to a Close. Andy Lies headed "Out West"! Our journey started with a lengthy drive to Denver, Colorado. Over the course of a couple of days, we explored the stunning locales of Red Rocks and Golden, Colorado. A highlight of our trip was the picturesque drive up the mountain to Bolder Falls, followed by a visit to Lookout Mountain. We also embarked on a hike and paid a visit to Wild Bill's museum and gravesite. The following day, we set out early for a four-hour drive to Moab, Utah. The transition from the Colorado mountains to the vast landscapes of Utah felt like entering another world. Our initial destination was Canyonlands National Park. Here, we spent some time hiking and marveled at what geologists believe to be a fascinating formation created by a meteor impact. With temperatures soaring to 100 degrees, the remainder of the afternoon was dedicated to cooling off in the pool. The next morning, we were up at the crack of dawn to explore Arches National Park. The breathtaking vistas and hiking trails left me speechless – an experience beyond words. Even the kids managed to complete the challenging 3-mile hike to the iconic Delicate Arch. Our journey continued as we drove a few hours to reach Capitol Reef National Park. Nestled between imposing canyons, this is Utah's smallest national park. We had the pleasure of camping by the Fremont River, which meanders through the park, and the kids cherished every moment of our stay. Regrettably, we couldn't find the time to visit the other two remarkable national parks in Utah, namely Zion and Bryce Canyon. However, we're already planning a return trip to explore these incredible destinations. I wholeheartedly recommend anyone in search of adventure to venture out west and discover our national parks. Lacey Knapp took off to the Middle East I had been eagerly anticipating this bucket-list trip with my adventurous friend for an entire year. The question I heard most frequently before embarking on this journey was, "Why Jordan?" To which my immediate response was, "Why NOT?!" Jordan, though a relatively small country, smaller even than the state of Maine, is often underestimated as a travel destination. However, it is a place that offers a captivating blend of stunning natural landscapes and world-renowned historical and religious sites. More importantly, it stands as a safe and secure gem in the heart of the Middle East, waiting to be discovered. Our 8-day adventure commenced in the vibrant capital city of Amman. From there, our first stop was Jerash, a place considered one of the largest and most well-preserved sites of Roman architecture in the world, rivaling even those found in Italy. Jerash's history spans over 6,500 years, making it a captivating journey through time itself. After Jerash, we embarked on a short bus ride to the enigmatic Dead Sea, an extraordinary body of water renowned for its unparalleled buoyancy, owing to its salt content being ten times that of a typical ocean. Regrettably, experts predict that the Dead Sea may vanish completely within the next 25 years, making our visit all the more poignant. Our next destination was a three-hour drive south to the iconic Petra, often referred to as the Rose City. You might recognize it from its appearance in "Indiana Jones and the Last Crusade." Petra, one of the "New" Seven Wonders of the World, is a marvel of human achievement, with structures that are both half-built and half-carved into the rock. The city is surrounded by mountains filled with labyrinthine passages and gorges. While "The Treasury" is the most famous feature of Petra, the entire site is vast and awe-inspiring in its scale. We concluded our tour with an unforgettable overnight stay in the Wadi Rum desert. Its surreal landscape is often likened to that of Mars, which is why it served as the filming location for "The Martian" with Matt Damon in 2015. The pitch-black desert sky, devoid of light pollution, offered us a breathtaking canvas for stargazing, complete with a clear view of the Milky Way. Additionally, we had the chance to experience a quintessential desert adventure by riding camels, guided by a local Bedouin. These towering and peculiar creatures added a touch of exoticism to our journey. In summary, our trip to Jordan was nothing short of epic. The place was incredible, and the Jordanian people were among some of the kindest I have met in my travels. I wholeheartedly recommend this remarkable country to anyone seeking an experience that is far removed from our everyday lives. Jordan not only exceeded our expectations but also left us with memories that will last a lifetime. Heartwarming Reunion: Stray Kitty Finds Family After 2 Months! Cheryl Rukse's encounter with a stray kitty on our bustling industrial street stirred concerns. Given this is no place for a lost kitty, she approached the elusive feline, who promptly darted away. A week later, Cheryl spotted the same cat and wisely carried food this time. She offered the cat food and called her "Mommy", and to her amazement, as she placed the food down and stepped back, the cat abandoned the meal to rush towards Cheryl, showering her with affection. Cheryl sought the help of Michelle Alonzo to safely contain the cat. With the arrival of her husband, Phil, and a carrier, they took the cat to the vet and discovered her name was Mimi, missing for two long months. The similarity between "Mimi" and "Mommy" explained her affinity for Cheryl. Mimi's joyful reunion with her family left a heartwarming impression, emphasizing the importance of pet microchipping in reuniting lost animals with their loved ones. Microchip your pets, please! It works! Oh Baby! Lisa Simmons, a valued member of the Gamut team, is eagerly anticipating the arrival of her very first grandchild, who is expected to make their debut in March of 2024! This joyous occasion marks a new chapter, filled with the excitement and love that comes with the arrival of a grandchild. A heartfelt congratulations to Lisa as she prepares to embark on this wonderful journey of grandparenthood!

We are proud to provide exceptional quality and services in the construction, engineering, project management, HVAC service, building automation systems, and energy services industries. SOBRE Desde 1948, MCI se ha enorgullecido de ser el estándar de la industria en cuanto a rendimiento, confiabilidad y estabilidad como proveedor integral de soluciones y diseño de edificios. Como empresa, nos esforzamos por sobresalir en nuestras capacidades básicas. Estamos orgullosos de ofrecer una calidad y servicios excepcionales en las industrias de la construcción, la ingeniería, la gestión de proyectos, el servicio de HVAC, los sistemas de automatización de edificios y los servicios energéticos. Creemos en un enfoque de servicio completo, ofreciendo a los clientes una amplia gama de soluciones de construcción para satisfacer sus necesidades y superar sus expectativas. Por último, Creemos que la parte más importante de nuestro trabajo es "hacer lo correcto" por parte de nuestros clientes, y aprovechamos nuestra experiencia para maximizar el retorno de cada inversión. los clientes hacen. MCI se enorgullece de tener un equipo ganador de empleados innovadores y enérgicos que se dedican a brindar la solución más eficiente. Nuestros servicios se adaptan a las necesidades únicas e individuales del cliente, maximizando al mismo tiempo el presupuesto. MCI establece el estándar en rendimiento, comodidad y calidad en cada trabajo que realizamos. 75+ Years of Excellence.... Journey through the decades with MCI and discover how our commitment to excellence has shaped the industry. Read More VALORES FUNDAMENTALES Digno de confianza Somos un socio de confianza y un asesor de nuestros clientes. Nos enfocamos en el mejor interés del cliente y brindamos un análisis veraz de cualquier situación. Experto Somos los mejores de nuestra industria. A medida que nuestra industria crece, nos mantenemos a la vanguardia con el conocimiento, la experiencia y la educación continua más actualizados. Apasionado Nos apasiona nuestro trabajo y la búsqueda de soluciones para nuestros clientes. A nuestros empleados les encanta lo que hacen y esa pasión es la base de un desempeño excepcional. Cuidando Nos preocupamos el uno por el otro; de empleado a empleado, de persona a persona. Nuestro respeto por las personas y las familias es lo primero en todas las formas de nuestro negocio y continúa en nuestras interacciones con los clientes y nuestra comunidad. Explicable Haremos lo que decimos y asumiremos la responsabilidad de nuestras acciones en todo momento. Nos comprometemos a una total transparencia en todo el alcance de los proyectos. Si podemos hacerlo, lo haremos. Si no podemos… te lo diremos también. EQUIPO DE LIDERAZGO Geoff Cutler VICEPRESIDENTE Geoff se unió a Mechanical Contractors, Inc. en 2007 con 13 años como ingeniero y gerente de proyectos en el campo de la automatización de edificios, trabajando para un importante fabricante de equipos en su departamento de soluciones de contratación. Se graduó del Instituto de Tecnología de Nueva Escocia, donde estudió HVAC y Construcción Eléctrica. En MCI, Geoff es responsable de liderar nuestros grupos de servicios de HVAC, integración de sistemas y servicios de energía. También apoya todos nuestros proyectos de diseño / construcción junto con su equipo. Dane Osburn GERENTE DE CONSTRUCCIÓN DE RALEIGH Dane ha trabajado en Mechanical Contractors, Inc. desde 1985 con experiencia como técnico de servicio, técnico de chapa y director de proyectos. Hoy, está a cargo de las operaciones de Raleigh Construction. Fue educado en el Instituto Técnico Lincoln con un título en Calefacción, Aire Acondicionado y Refrigeración. También se ha concentrado en la formación en controles DDC y el proceso de puesta en marcha. Posee las Licencias de Contratación del Estado de Carolina del Norte H-1, H-2 y H-3, así como una Licencia de Plomería. Billy Evans GERENTE DE CONTRUCCIONES DE CHARLOTTE Billy comenzó en MCI en 1996 como ayudante en el campo de la construcción. Desde ese momento, Billy ha aumentado su posición en MCI a través de las filas, y hoy está a cargo de las operaciones de campo de construcción de Charlotte. Billy tiene las Licencias de Contratación del Estado de Carolina del Norte H-1, H-2 y H-3, tiene la certificación LEED AP BD&C y tiene licencias adicionales en Carolina del Sur, Georgia, Tennessee y Virginia. Donald O. Kay Jr. CFO - TESORERO Desde que se unió a MCI en 1980, Donnie ha sido responsable de administrar las operaciones financieras de la empresa, los recursos humanos y brinda apoyo crítico en la administración de contratos. Se graduó de la Universidad de Carolina del Norte en Chapel Hill con una licenciatura en Administración de Empresas. Donnie mantiene todo funcionando sin problemas, equilibrando las diversas necesidades de nuestros clientes y empleados, y asegurando líneas abiertas de comunicación. Dustin Carter INGENIERO DE REGISTRO Dustin se graduó de la Universidad de Wyoming con una licenciatura en ingeniería arquitectónica con énfasis en sistemas mecánicos. Tiene más de quince años de experiencia y especialidad en diseño de ingeniería, consultoría y gestión de proyectos. Su experiencia incluye el diseño de sistemas de HVAC, extinción de incendios y plomería. Dustin tiene experiencia con más de 20 proyectos LEED como ingeniero MEP y 5 proyectos LEED como comisionista. Dustin es un PE registrado en Carolina del Norte y del Sur, Tennessee, Georgia, Indiana, Kentucky, Texas y Virginia; Gerente de Energía Certificado; y es un profesional acreditado por LEED. También es un miembro activo de ASHRAE. Barry Misiak DESARROLLO DE NEGOCIOS Barry se incorporó a Mechanical Contractors en 2007 y está a cargo de las ventas de construcción y el desarrollo comercial. Antes de trabajar para MCI, Barry trabajó para un desarrollador de bienes raíces administrando propiedades en Charlotte durante 17 años, donde obtuvo una valiosa experiencia en la construcción y operación de edificios. Se graduó del Triangle Institute of Technology con un título en RHVAC. MEDIOS Y PREMIOS 2024 Certified Great Place to Work SEE THE REPORT

BACK TO MAIN Meet Our Newest Team Members In the third Quarter of 2023 we are excited to welcome NINE new people to our teams!! Welcome Matt Mercado Service Apprentice- Charlotte Welcome David Ines Service Apprentice - Charlotte Welcome David Schneider Project Manager - Charlotte Welcome Josh Beckham Controls Manager - Charlotte Welcome Preslin Cardoza Sheet Metal Helper - Charlotte Welcome Mike Wyman Pipe Mechanic - Charlotte Welcome Carlos Dixon Welcome Carlos Dixon Welcome Carlos Dixon Announcements Work Anniversaries July: Quinton Roberts - 30 years Billy Evans - 28 years Jerry Norris - 28 years Brian Devine - 27 years Daniel Cortes - 19 years Preston Burton - 13 years Tim Meadows - 9 years Jeremiah Stowell - 6 years (100% Vested!) Michelle Alonzo - 1 year Jarvis Young - 1 year August: John Martin - 23 years Adan Garcia - 13 years Rich Pressley - 12 years Rebecca Caldwell - 12 years Luis Valle - 10 years Dale Thompson - 10 years Fidel Coronel - 6 years (100% Vested!) Larry Smith - 5 years Stephen Sellers - 4 years September: James Keith - 23 years Javier Cortez - 23 years Seth Nicholson - 18 years Bob Stevens - 13 years Dustin Carter - 10 years Tommy Roselli - 10 years Kevin Antonio - 5 years Joe Lawrence - 4 years Miguel Pastrana - 2 years Brian McRee - 1 year Joe Zayatz - 1 year MCI Achieved Platinum Level Safety Award for 3rd Consecutive Year. MCI has achieved Platinum in Associated Builders and Contractor’s STEP Safety Management System . Founded more than three decades ago, STEP has evolved into a world-class safety program that dramatically improves safety performance among construction industry participants, with top-performing Diamond members achieving incident rates 645% safer than the industry average . STEP participants measure their safety processes and policies on key components through a detailed questionnaire with the goal of implementing or enhancing safety programs that reduce jobsite incidents. “Safety is a journey, and that journey is possible because of systems like STEP, which enables ABC member contractors like MCI to have safer and more productive jobsites,” said Greg Sizemore, ABC vice president of health, safety, environment and workforce development. “Committing to total human health is essential to ensure the physical and mental health and safety of our workforce, and I commend MCI for consistently fulfilling those commitments to raise the bar of safety performance.” According to ABC’s annual Safety Performance Report , STEP participants, regardless of company size or type of work, can reduce recordable incidents up to 84%, making the best performing companies more than eight times safer than the U.S. Bureau of Labor Statistics industry average. Ratings range from Diamond, the highest, to Platinum, Gold, Silver, Bronze and Participant. To learn more about the STEP program, visit abc.org/step . MCI Construction Team is CPR/AED Certified Recently, our organization took a proactive step towards employee safety and well-being by conducting multiple First Aid, CPR, and AED (Automated External Defibrillator) classes. These sessions were designed to equip our employees with essential life-saving skills, and we are proud to report that 65 of our dedicated MCI employees participated in and successfully completed these crucial training sessions. The training covered a wide range of fundamental first aid principles, ensuring that participants gained a comprehensive understanding of how to respond effectively to various medical emergencies. They learned essential techniques, from treating burns and controlling bleeding to dressing wounds and splinting injuries. These skills are invaluable in everyday life and can make a significant difference in emergency situations, both inside and outside the workplace. One of the key aspects of the training was the instruction on cardiopulmonary resuscitation (CPR). Participants were taught how to perform CPR correctly and the vital importance of early intervention in cases of cardiac arrest. Additionally, they learned how to operate an Automated External Defibrillator (AED), a device that can be a critical tool in saving someone's life during a cardiac emergency. Having a team of employees well-versed in First Aid, CPR, and AED usage is a significant asset to any organization. It not only enhances workplace safety but also demonstrates a commitment to the health and well-being of both employees and the community at large. For those who were unable to participate in these recent classes, there's no need to worry. We understand the importance of these skills and are dedicated to ensuring that all employees have the opportunity to learn them. More training sessions will be scheduled in the near future, providing additional chances for our team members to acquire these life-saving skills. Raleigh Team Training FA CPR 4 FA CPR 3 FA CPR 2 FA CPR 4 1/5 Charlotte Team Training FA 3 FA 5 FA 1 FA 3 1/8

EFICIENCIA Con tecnologías y técnicas para mejorar la eficiencia energética a nivel empresarial en constante evolución y expansión, su organización necesita un asesor energético de confianza que pueda crear objetivamente soluciones que se ajusten a los objetivos de su empresa, tanto económicos como medioambientales. MCI, Inc. tiene un compromiso y un historial de larga data con la asistencia a constructores comerciales, empresas y propietarios en la reducción del consumo de energía, reducción de costos de operación y mantenimiento y mayor comodidad de los ocupantes a través de estrategias, tecnologías y diseño innovadores de eficiencia energética. Nuestro objetivo es proporcionar a nuestros clientes las soluciones energéticas más completas para garantizar la satisfacción del cliente y el éxito del proyecto. Ya sea que esté buscando obtener su certificación Energy Star o LEED EB para un edificio, aumentar estratégicamente la eficiencia energética de una planta o simplemente mejorar los resultados a través de ahorros operativos y de costos, MCI puede identificar proyectos de energía y modificaciones operativas que pueden reducir rápidamente el consumo y costos. MCI ofrece la experiencia técnica única y extensa para diseñar, implementar y administrar de manera creativa un proyecto de energía que sea mejor para cada cliente. Características: Servicios de gestión energética Servicios de modelado energético Evaluaciones energéticas de nivel I, II y III Análisis Energy Star | Certificaciones LEED EB: Análisis O7M | Certificaciones Nueva puesta en servicio | Mejoramiento Reemplazo de equipos | Modernizaciones Software de gestión de energía Análisis de utilidad | Asistencia de incentivos Asistencia con incentivos fiscales federales y estatales Financiamiento de terceros Establecimiento de acuerdos de asociación de desempeño Contratos de desempeño Evaluaciones de desempeño del edificio Features: Energy Management Services Energy Modeling Services Level I, II and III Energy Assessments Energy Star Analysis | Certifications LEED EB: O7M Analysis | Certifications Recommissioning | Optimization Equipment Replacement | Retrofits Energy Management Software Utility Analysis | Incentive Assistance Federal and State Tax Incentive Assistance 3rd Party Financing Building Performance Partnership Agreements Performance Contracts Building Performance Assessments Looking for cellular-based controls for lighting, HVAC, and equipment monitoring? Our affiliates at Gamut Systems & Solutions can help you save energy during off-hours. Building Better Buildings MCI joins the Department Of Energy Better Buildings Alliance as a Design and Construction Ally. Learn More

ESOP Education Series BACK TO MAIN It's ESOP Statement Time! Great news! 🎉 The first ESOP statements have been MAILED to your home addresses on file today! Delivery times may vary, but you should expect your letter within the next 2-3 days. If you haven't yet qualified to participate in the ESOP, you won't receive a statement this time. We’re thrilled to announce that the per-share value of our ESOP has increased by an impressive 84% since the 2022 valuation! This remarkable growth is a direct result of the hard work and dedication you all demonstrated throughout the 2023 season. The ESOP is valued year over year, and while there will be fluctuations, our goal is to maintain a positive trajectory for the long-term benefit of everyone at MCI. Your efforts have truly made a difference! Let’s review some details so that you understand what you are looking at in your statements. FYI: New Employees to MCI as of 2023- You will not receive a login until the statement next year when you are eligible to participate in the ESOP. Set your expectations Don’t get dollar signs in your eyes! We’ve said it before, and we will say it again; this is not a get-rich-quick scheme. Our stock valuation can fluctuate, and it will be generally low for the first few years. WHY will the value be low? To become an employee-owned company, the company had to first be sold to the ESOP Trust by the original private owners of the company. The sale will be paid to the owners over time, and that money comes from the annual contributions to the ESOP Trust until that debt is paid off. Think of it like buying a house; you take a loan out to BUY your house from the bank. The bank holds the deed to your house, and you pay off the loan monthly over the length of your designated mortgage terms (typically 30 years for a mortgage, but don’t worry the private loan to the sellers isn’t even close to that amount of time). Once you pay off the loan, the bank gives you the deed, and your house is officially yours at its full market value. In our ESOP—there is no bank. The private sellers have individual private loans based on a fair market sale, and they are assuming all the associated risks. We pay off the loans, (and the company remains profitable), our equity in the company goes up, and our share value will reflect that. What will the Statement look like? This statement is going to be personalized for YOU; your vesting percentage, your number of shares, and the value of that they are worth for year ending 2023. Your information - Near the top, you’ll see your personal information, including your years of vested service, your participation status, and the date your participation started. Last year’s balance - What is in your account as of the end of the last plan year. Forfeitures - There is a new line item on your statement for the 2023 year called “Forfeitures.” These are any shares that were given up, or “unvested” by employees who left the ESOP in 2023. The shares that they left behind go back into the trust and are reallocated to all current participants. Total account balance - This represents the total number of shares associated with your account. Current market value - The per-share value of the company stock as of the end of the plan year, as determined by an independent appraiser (valuation firm). Total account value - What your account is worth at the end of the plan year. Vested percentage - This is the vesting percentage that you have earned based on your years of service and the vesting schedule as defined by the plan. Vested account value - This is the current vested value of your account, based on your vested percentage. This is the amount that will be paid upon a distribution event. A huge thank you to all of those who have been integral in navigating the preparation of these documents. Please make sure you have set up your online account with Principal , and we encourage you to reach out to your representative from the Communications Committee with any questions that you may have. Representing the MCI Charlotte Office – Keith Stanis, Committee Chair kstanis@mcihvac.com Representing the MCI Raleigh Team– Daniel Smith dsmith@mcihvac.com Representing the MCI Charlotte Large Construction Field – Jonathen Werner jwerner@mcihvac.com Representing the MCI Charlotte Upfit Field- NEW! Miguel DeDios mdedios@mcihvac.com Representing the MCI Fabrication & Warehouse –Taylor Furr tfurr@mcihvac.com Representing the MCI Service Department Office – Emily Burns eburns@mcihvac.com Representing the MCI Service Department Field – NEW! Andrew Mullis amullis@mcihvac.com Representing the MCI Startup Team– Justin Rosmon jrosmon@mcihvac.com Representing the MCI Controls– Bob Stevens bstevens@mcihvac.com Representing Gamut – Katrina Ramey kramey@gamutss.com Creative Liaison – Lacey Knapp lknapp@mcihvac.com BACK TO MAIN

ESOP Education Series BACK TO MAIN The History of ESOPs Employee ownership is not a new idea. The earliest reference to employee ownership in the U.S. came from William Meredith, Zachary Taylor’s secretary of the treasury. In 1849, he noted that workers were owners in many enterprises, and thought the idea would be a great way to create a common interest between labor and capital. In the late 1800s, the Knights of Labor, one of the United States’ first unions, created several worker-owned businesses. In the 1920s, leading industrialists called for a “new capitalism” based on employee ownership. Employees were encouraged to buy shares in their own companies, and more than one million did. Unfortunately, none of these efforts endured, and the idea faded away until the 1950s. It was then that a San Francisco-based investment banker and lawyer, Louis Kelso (pictured above) , created the modern ESOP. In The Capitalist Manifesto, a best-selling book written with the philosopher Mortimer Adler (a household name at the time), Kelso and Adler argued that capital investment in new machinery and technology would drive workers into lower-paying jobs, or even out of work completely. Historically, when investments in machinery and technology went up, workers became more productive and were paid more. But Kelso and Adler believed the pace of change in the next generation would be so fast that it would replace a lot of well-paying jobs permanently. People who owned capital would do very well indeed; people who worked for them would struggle to stay in place. So the solution, they argued, had to be for more employees to be owners. Kelso’s predictions have proven true. Real wages (wages adjusted for inflation) since the 1970s, when ESOPs became law, have hardly budged, but an investment in the stock market has grown by about 500% in real dollars. So the problem, Kelso and Adler said, was that not enough people owned capital. They couldn’t afford to just go out and buy it, so there needed to be a way for them to become owners because of the work they do. But how? ESOPs to the Rescue Kelso envisioned a solution. He proposed laws that would give everyone a chance to own capital that could produce income. He called this plan an employee stock ownership plan (ESOP). Rich people and wealthy companies are able to acquire companies by borrowing money. Already having money, these groups could persuade lenders that they would make enough money from the profits of the company they bought to pay off the loan. How, then, could normal employees buy ownership in their own company? With wages stagnant and consumption costs rising, setting aside money to buy stock was not practical for all but a few. If they approached a bank as a group and asked for a loan to buy all or part of the company, bankers would politely laugh. Kelso’s solution was to have the company borrow money on behalf of the employees. The company, not the employees, would take the risk if the loan could not be repaid. The ownership of the capital acquired by the loan would be contributed to employees in the form of company stock. In return, companies could get a tax deduction for buying the shares for employees, paying for part of the cost. The remaining cost, the argument went, could be made up by workers being more productive because they were now owners. Kelso spent almost two decades trying to persuade companies to use this idea, arguing that ESOPs would help improve productivity while simultaneously offering tax benefits. A few adopted Kelso’s idea, but most companies remained concerned that courts would find ESOPs improper and void the tax benefits that Kelso was proclaiming. Kelso needed a law. Russell and Huey Long It turned out that there was just a man to do this. Back in the 1920s, a populist politician from Louisiana named Huey Long was making quite a reputation for himself as state governor, U.S. senator, and presidential candidate. He argued strongly for redistribution of wealth from the rich to everyone else. His career was cut short when he was assassinated by the son-in-law of a judge Long had maneuvered out of office. His son, Russell Long, became a U.S. senator during the 1940s. By the 1960s, he had become the chair of the Senate Finance Committee, the group that writes the nation’s tax laws. That made him one of the most powerful senators. Russell Long and Kelso met in 1974. Long was interested in Kelso’s plan, claiming that Kelso’s ESOP idea was “Huey Long without the Robin Hood”—in other words, ESOPs would make the distribution of wealth fairer without “robbing from the rich.” ESOPs, they believed, were a way to use the capitalist system itself to create a more equitable distribution of wealth within the economy. Instead of allowing rich people to get richer and then taxing them at higher rates (which, Long believed, discouraged investment and could in turn hurt the economy), ESOP legislation aimed to change the way future wealth became owned. Long, inspired by this idea, began a crusade to provide ESOPs with tax incentives and shepherded 17 pieces of legislation through Congress in 12 years. More bills were added after that, the latest having passed in mid-2018. As a result, the government now provides substantial tax incentives to encourage companies to use ESOPs. In most cases, companies borrow money with an ESOP loan and use the money to buy stock from an owner. Instead of borrowing, the ESOP can also buy stock with periodic cash contributions from the company, or the company can just contribute stock to the ESOP. ESOPs are one of the rare ideas to restructure the economy that have support from the right, left, and center, from Ronald Reagan to Ted Kennedy; from the current Republican Party platform to Bernie Sanders and Hillary Clinton. As one poll found, it is as popular as apple pie. Has It Worked? More than 14 million employees are currently owners through ESOPs and similar plans. Research shows that employee-owned companies that promote employee involvement outperform their competitors by a substantial margin and that employees in these plans do substantially better in terms of retirement and other conditions of work. The idea has started to spread to other countries, in large part because of how successful it has been here in the U.S. The idea has a long, long way to go—the vast majority of employees are still not in these plans—but it has come a very long way. BACK TO MAIN

Gamut Update BACK TO MAIN Exciting Collaboration: Lighting the Way at CosMc's, Bolingbrook IL We have some exciting news to share on a project that has been shrouded in secrecy until now. Gamut Systems and Solutions is proudly illuminating the path for a new venture in the fast-food industry: CosMc's in Bolingbrook, Illinois. CosMc's, a new and reimagined McDonald's concept, is making waves as a beverage-led, drive-thru-only chain. This innovative approach is poised to rival giants like Starbucks and Dunkin. It's more than just a fast-food outlet; it's a futuristic experience, blending nostalgia with modernity. Gamut is excited to be controlling the lighting systems that set the stage for this unique dining experience. CosMc's isn't just another restaurant; it's a statement. Imagine a blend of the familiar McDonald's ethos with a twist that's out of this world. As described by McDonald's CEO, Kempczinski, the concept of CosMc's is akin to "what would happen if a McDonald's character from the 1980s - part alien, part surfer, part robot - opened a restaurant in 2023." Read More on CBS News Read More on MSN

Net Zero Decarbonization This is a Paragraph. Click on "Edit Text" or double click on the text box to start editing the content and make sure to add any relevant details or information that you want to share with your visitors. Button Energy Focused from Design to Maintenance MCI has a long-standing commitment and track record of assisting commercial builders, businesses, and property owners in energy consumption reductions, operating and maintenance cost reductions, and improved occupant comfort through innovative energy-efficient strategies, technologies, and design. Our focus is on providing our customers with the most comprehensive energy solutions to ensure customer satisfaction and project success. Section Title Small Title This is a Paragraph. Click on "Edit Text" or double click on the text box to start editing the content and make sure to add any relevant details or information that you want to share with your visitors. Small Title This is a Paragraph. Click on "Edit Text" or double click on the text box to start editing the content and make sure to add any relevant details or information that you want to share with your visitors. Small Title This is a Paragraph. Click on "Edit Text" or double click on the text box to start editing the content and make sure to add any relevant details or information that you want to share with your visitors. Small Title This is a Paragraph. Click on "Edit Text" or double click on the text box to start editing the content and make sure to add any relevant details or information that you want to share with your visitors. Slide Title This is a Paragraph. Click on "Edit Text" or double click on the text box to start editing the content.

We are proud to provide exceptional quality and services in the construction, engineering, project management, HVAC service, building automation systems, and energy services industries. SERVICIOS Construcción Desde el concepto y el diseño hasta la instalación completa, tenemos las habilidades necesarias para todo el sistema mecánico de un edificio. Nuestro equipo de construcción trabaja arduamente para hacer un trabajo excepcional y brindarle una experiencia de construcción sin complicaciones. Control S Nuestro Grupo de Integración de Sistemas (SIG) proporciona todo lo que necesita para el ciclo de vida continuo de su edificio. Nuestro objetivo principal es garantizar que su equipo funcione a su máximo potencial, de una manera que sea tanto ambientalmente responsable como rentable. Eficiencia Nuestro equipo de Servicios de energía puede ayudarlo a crear y respaldar estrategias ambientalmente responsables para reducir el consumo de energía de un edificio. La energía es un bien cada vez más preciado y podemos ayudarlo a reducir su huella de una manera que le permitirá ahorrar dinero y, al mismo tiempo, ser socialmente responsable. Ingenieria MCI emplea un notable personal interno de ingenieros profesionales, diseñadores senior, ingenieros de controles y especialistas en AutoCAD. Estas personas brillantes no solo pueden diseñar lo mejor de los sistemas mecánicos, sino que están revolucionando la industria al crear nuevos conceptos en el diseño de HVAC, tuberías y plomería. Gestión La buena gestión es la clave de un gran proyecto. Contamos con gerentes de proyectos altamente competentes y talentosos para que su trabajo funcione sin problemas. Desde la coordinación de la entrega de equipos hasta el flujo constante de información al contratista general, nuestros PM son los mejores de la industria. Servicio Los técnicos de servicio de MCI brindan una experiencia de cliente perfecta, las 24 horas del día. Damos servicio a todas las marcas de equipos HVAC, bombas, manipuladores de aire y enfriadores enfriados por aire. El mantenimiento adecuado de su sistema HVAC asegura que su equipo funcione con eficiencia durante toda su vida útil y también puede reducir sus costos operativos diarios.

BACK TO MAIN Mid Year Letter from Champ Greetings, Team! Man, it’s summer! Let's start with a huge congratulations on reaching 1 million hours without a lost-time work injury. This is a first in our 75-year history, and it's all thanks to your dedication to safety. This incredible milestone also brought us a $30,000 savings on our Workers' Compensation renewal, which benefits everyone! On a serious note, our streak did end with a recent incident where one of our own fell off a ladder and was seriously injured. Thankfully, they are at home recovering and are expected to return to work soon. Let's continue to prioritize safety and look out for each other. Business is Booming! All parts of our business are doing well, and the outlook for 2024 and 2025 is very strong. Our engineering team is showcasing their expertise across the country, with impressive BIM modeling and intelligent design. In Charlotte and Raleigh, our Construction, Service, and Controls teams are maintaining a strong backlog and are already eyeing opportunities for 2025! Our ESOP is Growing Our Employee Stock Ownership Plan (ESOP) is thriving, and I'm confident you'll be pleased with last year's results. While we can't guarantee these results every year, your hard work and commitment to safety make a huge difference. Being 100% employee-owned is the best path for our long-term growth and your future retirement benefits. Keep an eye on your mail for your ESOP statement! Exciting News about 401k Matching in 2025! We've introduced "Safe Harbor," our new 401k matching program, designed to help you save more for retirement. Here’s how it works: For Safe Harbor: Employee Contribution (0.01% - 5%): MCI will match 100% up to 3% of your contribution. MCI will match 50% on the next 2% of your contribution. Employee Contribution (5% or Greater): MCI will match 4% of your gross compensation. The total company match can't exceed 4% of your gross compensation. This is a fantastic opportunity to boost your retirement savings! As we move forward, let's stay focused on our tasks, prioritize safety, and continue supporting each other. Let's get back to work and keep up the great momentum! Best, Champ Bill Champion in his "Uncle Sam" getup is always great for July!

Secret Agents of Smart Tech: Gamut Systems & Solutions MCI se enorgullece de haber proporcionado el diseño y la instalación todos los sistemas ambientales en todo el complejo cervecero. Esto incluye la instalación de tratamiento de aguas residuales de SN, la sala de cocción, la fermentación abierta, el embotellado, el almacenamiento, los laboratorios, la filtración, la molienda, el almacenamiento de productos químicos, almacenamiento fresco y, por supuesto, la sala de grifos y la cervecería de la sala de grifos. Los requisitos de diseño incorporados fueron calefacción, refrigeración, ventilación, presurización y control de CO2. Además, MCI proporcionó todos los servicios de modelado de energía, incluida la energía de proceso y la energía renovable para lograr la certificación LEED Platinum. Zac Cunningham Sales Manager Charlotte NC Lisa Simmons Customer Support Team Demotte, IN Katrina Ramey Account Manager Demotte IN Cameron Aldrich Customer Support Team Howard, OH Anne Piske Customer Support Team Valparaiso, IN Lora Bratton Customer Support Team Portage, IN Laura Builta Customer Support Team Hebron, IN Jasmine Miller Customer Support Team Wheatfield, IN Heather Howey Customer Support Team Wingate, NC Diane Rappa Customer Support Team Chesterton, IN Aliyah Hardin Customer Support Team Morocco, IN Andy Lies President Fremont, IN