MATRIX SERVICE AWARDED LNG PEAK SHAVING UPGRADE PROJECT FOR LARGE MIDATLANTIC PUBLIC UTILITY

TULSA, Okla., October 25, 2022 – Matrix Service Company (Nasdaq: MTRX) announced today that its subsidiary, Matrix NAC, has been awarded the engineering, procurement, and construction of upgrades being made to an existing LNG peak shaving facility that include a new gas liquefaction system and vaporization system.  This project for a large public utility located in the Mid-Atlantic region of the U.S. was awarded and will be taken into backlog in the second quarter of Fiscal 2023.