Gulf Island Fabrication (GIFI) investor relations material

Opening remarks and agenda

• Meeting called to order at 9:00 A.M. Central Time on January 13th, 2026, with agenda, proxy statement, and rules of procedure made available to all shareholders.

• Notice of the meeting and proxy materials were distributed to shareholders of record as of November 24th, 2025.

• Inspector of Election and board members were introduced at the start.

Specific resolutions to be voted on

• Approval of the agreement and plan of merger with IES Holdings, Inc. and related transactions.

• Advisory vote on compensation for named executive officers in connection with the merger.

• Approval of potential adjournment of the meeting to solicit additional proxies if needed.

Corporate governance

• Quorum established with approximately 82% of outstanding shares represented in person or by proxy.

• Only matters set forth in the proxy statement were considered; no shareholder proposals permitted.