On March 12, 2026, Primoris Services Corporation disclosed in an 8-K filing that John P. Schauerman has informed the company of his decision not to stand for re-election and to voluntarily retire from the Board of Directors at the conclusion of the upcoming 2026 Annual Meeting of Stockholders, scheduled for April 30, 2026. Mr. Schauerman has been a valued member of the Board since 2016 and has held various executive roles within the company, including Chief Financial Officer from February 2008 to February 2009. The company expressed gratitude for his service and contributions to the Board. Notably, the company does not plan to seek a replacement for Mr. Schauerman at this time, which will result in a reduction of the Board's size to eight members effective after the Annual Meeting. This change is not expected to have a significant impact on the company's operations or governance structure, as it reflects a strategic decision to streamline the Board rather than a reaction to any internal issues or disagreements.

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