schedule14ainformationd18rn0p25nwr6d.cloudfront.net/cik-0000052988/06ee... · schedule and the date...

TableofContents

SCHEDULE14AINFORMATIONProxyStatementPursuanttoSection14(a)ofthe

SecuritiesExchangeActof1934

FiledbytheRegistrant☒FiledbyaPartyotherthantheRegistrant☐

Checktheappropriatebox:☐ PreliminaryProxyStatement

☐ ConfidentialforUseoftheCommissionOnly(aspermittedbyRule14a-6(e)(2))☒ DefinitiveProxyStatement

☐ DefinitiveAdditionalMaterials

☐ SolicitingMaterialUnder§240.14a-12

JacobsEngineeringGroupInc.(NameofRegistrantasSpecifiedInItsCharter)

N/A(NameofPerson(s)FilingProxyStatement,ifotherthantheRegistrant)

PaymentofFilingFee(Checktheappropriatebox):☒ Nofeerequired.

☐ FeecomputedontablebelowperExchangeActRules14a-6(i)(1)and0-11.

(1) Titleofeachclassofsecuritiestowhichtransactionapplies:

(2) Aggregatenumberofsecuritiestowhichtransactionapplies:

(3)

PerunitpriceorotherunderlyingvalueoftransactioncomputedpursuanttoExchangeActRule0-11(setforththeamountonwhichthefilingfeeiscalculatedandstatehowitwasdetermined):

(4) Proposedmaximumaggregatevalueoftransaction:

(5) Totalfeepaid:

☐ Feepaidpreviouslywithpreliminarymaterials:

☐

CheckboxifanypartofthefeeisoffsetasprovidedbyExchangeActRule01-11(a)(2)andidentifythefilingforwhichtheoffsettingfeewaspaidpreviously.Identifythepreviousfilingbyregistrationstatementnumber,ortheFormorScheduleandthedateofitsfiling.

(1) AmountPreviouslyPaid:

(2) Form,ScheduleorRegistrationStatementNo.:

(3) FilingParty:

(4) DateFiled:

TableofContents

Noticeof2019

AnnualMeetingofShareholdersandProxyStatement

JacobsEngineeringGroupInc.

TableofContents

LETTERTOSHAREHOLDERSFROMOURCHAIR&CEODearFellowShareholder,

Fiscal2018hasbeenatremendousyearatJacobs.WecontinuetosuccessfullyexecuteourstrategytotransformJacobs’culture,capabilitiesandbusinessportfoliotobecomeamoreinnovationandtechnology-drivensolutionscompany–tacklingsomeoftheworld’smostcriticalchallenges.Ourstrongperformancehascreatedsubstantialvalueforouremployees,ourcustomersandourshareholders,andprovidesasolidfoundationforcontinuingourfocusonbecomingacompanyunlikeanyother.

Overaoneandthree-yearperiodwehavedeliveredtotalshareholderreturnof33%and108%.ThesereturnstoourshareholdersplaceusinthetopquartileofourpeergroupandwellabovetheS&P500of18%and61%,respectively.

GovernanceandCompensationPractices

Comprehensivecorporategovernanceoversight,combinedwithhighlytalentedpeopleexecutingourprofitablegrowthstrategy,isfundamentaltobuildinglong-termshareholdervalue.Underpinningourperformanceisourstrongfocusonintegrityandcorporategovernance,whichincludesacontinuousreviewandrefinementofourcompanypractices.

BoardStructure–TheBoardiscomprisedof11membersfromdiversegeographic,industry,technicalandbusinessbackgrounds.Thesedifferentexperiencesandviewpointsprovideforarobustgovernancestructurewhichalignswithourstrongemphasisoninclusion.Infact,45%ofourboardisfemaleorethnicallydiverse.Electedonanannualbasisunderamajorityvotingstandard,theaveragetenureofourBoardisnineyears,withfournewlyappointeddirectorswithinthelast5years,includingBarryL.WilliamswhojoinedtheBoardinDecember2017fromouracquisitionofCH2MHILLCompanies,Ltd.

GovernanceandOversightStructures–WebenefitfromahighlyengagedBoard,facilitatedbyfrequentformalandinformalmeetingswithExecutiveleadership.TheBoard’sengagementhasexpandedandevolvedoverthepastseveralyearsindirectalignmentwithcriticalareasofimportanceinthebusiness,includingactiveparticipationanddiligenceonacquisitionanddivestitureopportunitiesandtheformationofaBusinessResilienceSteeringGroupfocusedonEnterpriseRiskreportingtotheAuditCommittee.OurcybersecurityleadershipprovidesquarterlyupdatestotheBoardonourcorporatewidecyberriskposture.WecontinuetobenefitfromourleadindependentdirectorLindaFayneLevinson,ensuringindependentleadershipintheboardroom.

ExecutiveCompensation–WebelieveinpayforperformanceExecutivecompensationthatincentivizescreationandsustainmentoflong-termshareholdervalue.Infact,76%ofcompensationforournamedexecutiveofficersisperformance-based.Inlastyear’sannualshareholderadvisoryvoteon“say-on-pay”wereceiveda96%approval.Wealsocontinuetoevolveourperformance-basedcompensationapproachandwillintroducenon-financialbasedmetricsforexecutivesinfiscal2019.Theseincludeperformanceandculturalbasedleadershipbehaviorssuchassafety,inclusionanddiversity,innovationandtalentmanagement.

2019 Proxy Statement |

TableofContents

ValueCreationStrategy

WecontinuetoexecuteagainstourCorporateStrategylaunchedin2016,andourperformancethroughfiscal2018hasexceededexpectations.

BuildaHigh-PerformanceCulture–Weareexcitedabouttheadvancementofourhigh-performanceculturethispastyear–anachievementthatwe’reparticularlyproudofgiventheglobalintegrationactivitiesofbringingJacobsandCH2Mtogether.Webelievecultureisfundamentaltodrivingsuperiorlong-termperformance,andthereareseveralhighlightsworthnoting:

• ProgressonInclusion–ThediversityofourExecutiveLeadershipTeamisnowat50%overall–40%womenand20%ofdiverseethnicbackground–includingthecompany’sfirstfemaleExecutiveVicePresident.

• StrongOrganizationalHealth–WecompletedoursecondOrganizationalHealthAssessmentwithresultsshowingan

improvementofeightpointsoverthepasttwoyearsandelevatingfromthe3rdto2ndquartile.Wewillberelentlessindrivingtoachieve1stquartileculturalperformance.

• EmbeddedCultureofCaring–BuildingonourBeyondZero®foundation,wehaveextendedourfocusbeyondsafetytoastrong

culture of caring ,includingsustainability,inclusion,securityandmentalhealth.WelaunchedPlanBeyond ,oursustainabilityframeworktodeliveronourcorporatevisionto“providesolutionsforamoreconnected,sustainableworld”andachieveourGlobalSustainabilityCommitment.

• EngagedEmployeeNetworkGroups–AkeypartoftheintegrationstrategywithCH2MwastheengagementandempowermentofourJacobsemployeenetworksthatembraceandreflectcommunitiesofgender,ethnicity,sexualorientation,veteransandcareerstages.Thesenetworksofmorethan10,000employeesaredrivinginclusionandchangeonseverallevels.InMayweheldourfirstglobalsummitwhereleadersofournetworkgroupsandexecutivescollaboratedonwaystofurtheroureffortsinthiscrucialarea.

TransformtheCore–Wecontinuetoevolveouroperatingmodeltoimprovebusinessexcellence,projectdeliveryandsaleseffectiveness,withseveralcriticalenhancementsinfiscal2018:

• Accountability–Appointmentoftwochiefoperatingofficersprovidedfocusfordrivingaccountability,furthersupportingourprofitablegrowthstrategy.

• TechnologyModernization–Significantinvestmentsinprojectdeliveryandbusinessinfrastructureimprovedefficiencyandconnectivityofoursystems,supportingouremployees’productivityandworkenvironment.

• PerformanceExcellence–Continuedfocusonstep-changeimprovementinprojectdeliveryresultedinayear-over-yearreductioninprojectwrite-offsof22%(or2-yearreductionof44%).

GrowProfitably–Fiscal2018markedstrongperformanceagainstourbalancedstrategyofimprovingourexistingbusinessesandactiveportfoliomanagement.WeareontracktoexceedthemetricsoutlinedinourStrategyinDecember2016.

• StrongFinancialPerformance–Proformarevenuegrowthof9%anddoubledigitproformaoperatinggrowthacrossalllinesofbusiness.

• SuccessfulCH2MIntegration–Leadershipondeliveringkeymetricsprovidedtoourshareholders: ✓ Costsynergiesexceedinginitialoutlook ✓ Attainingrevenuesynergies ✓ SurpassingEPSaccretiontargets ✓ Ontracktooutperformreturn/IRRtarget

• FocusonInnovation–OngoingincrementalinvestmenthasresultedinJacobs Connected Enterprise gainingstrongtractionin

customersolutionsoverthepasttwoyears.Recognizingthecriticalimportanceoftechnologyandinnovationindrivingthoughtleadershipandinnovationintothecoreofourbusiness–aswellasincreasedmargins–wenamedourfirstChiefTechnology&InnovationOfficertoensuresingularfocusandprioritizationglobally.

ii |2019 Proxy Statement

TableofContents

OurrecentannouncementofthedivestitureofourEnergy,Chemicals&Resourcesbusinessdemonstratesourcommitmenttoshiftingthebusinesstohigher-margin,sustainedmarkets,providinggreaterfocusonareaswherewecanaccelerateprofitablegrowth.

Insummary,fiscal2018wasanotherstrongyearofdeliveringagainstourgrowthstrategyandcreatingexceptionalshareholdervalue.WeappreciateyourcontinuedinvestmentinJacobsandremainconfidentinourabilitytoexecuteagainstplanwhilemaintainingourhighstandardsoftransparencyandcorporategovernance.

WelookforwardtoyourattendanceatourannualshareholdermeetingonJanuary16,2019inDallas.

StevenJ.DemetriouChair and Chief Executive Officer

RememberingNoelWatson

Along with his family, we honor the memory of former Jacobs Chairman and CEO Noel Watson, who passed away in August at the ageof 82. A great mentor and friend to many, Noel was a larger-than-life leader; a man of character who brought tireless passion, perspective andwisdom to his work. During his tenure as CEO, Noel steered the company’s growth seven-fold, from $1 billion to more than $7 billion inrevenues, with corresponding profit increases.

Recruited by company founder Dr. Joseph Jacobs, Noel served the firm for more than 50 years, including more than 25 years at thehelm of the company. He became President in 1987, CEO in 1992, was elected Chairman of the Board in 2006 and retired from the board inJanuary 2017.

Foremost, Noel was a dedicated and loving husband, father and grandfather. He is survived by his wife, Phyllis, their two children andfive grandchildren.

2019 Proxy Statement | iii

TableofContents

NOTICEOF2019ANNUALMEETINGOFSHAREHOLDERSWhen:Wednesday,January16,2019,at4:30p.m.,localtimeWhere:1999BryanStreet,FirstFloor,Dallas,Texas75201WearepleasedtoinviteyoutojoinourBoardofDirectorsandseniorleadershipatJacobsEngineeringGroupInc.’s2019AnnualMeetingofShareholders.

ByorderoftheBoardofDirectors,

Michael R. TylerSeniorVicePresident,GeneralCounselandCorporateSecretary

ImportantNoticeRegardingtheAvailabilityofProxyMaterialsfortheAnnualShareholderMeetingtobeHeldonJanuary16,2019

TheProxyStatementandaccompanying2018AnnualReporttoShareholdersareavailableathttp://materials.proxyvote.com/469814

iv |2019 Proxy Statement

ItemsofBusiness: 1. ElectionofthedirectorsnamedintheProxyStatement

toholdofficeuntilthe2020annualmeeting; 2. AnadvisoryvotetoapprovetheCompany’sexecutive

compensation;

3. RatificationoftheappointmentofErnst&YoungLLP

astheCompany’sindependentregisteredpublicaccountingfirmforthefiscalyearendingSeptember27,2019;and

4. AnyotherbusinessthatmayproperlycomebeforetheAnnualMeeting.

RecordDate:Theshareholdersofrecordatthecloseofbusinesson

November23,2018willbeentitledtovoteattheAnnualMeetingandanyadjournmentorpostponementthereof.

ProxyVoting:Itisimportantthatyoursharesberepresentedandvotedat

theAnnualMeeting.Youcanvoteyoursharesbycompletingandreturningtheproxycardorvotinginstructioncardsenttoyou.YoualsohavetheoptionofvotingyourshareselectronicallyontheInternetorbytelephone.Votinginstructionsareprintedonyourproxycard,votinginstructioncardorNoticeofInternetAvailabilityofProxyMaterials.Toensureyoursharesarerepresentedatthemeeting,pleasecastyourvotebymail,telephoneorInternetassoonaspossible,evenifyouplantoattendthemeetinginperson.

HowtoCastyourVoteYourvoteisimportant.AllshareholderswhoownedcommonstockoftheCompanyatthecloseofbusinessontheRecordDateofNovember23,2018mayvote.Youmayvoteinoneofthefollowingways:

VotebyInternet

www.proxyvote.com

VotebyTelephone1(800)690-6903

Orthetelephonenumberonyourproxycard

VotebyMailSign,dateandreturnyour

proxyorvotinginstructioncard

VoteinPersonAttendthemeetinginDallas,

TexasonJanuary16,2019

Ifyoursharesareheldinastockbrokerageaccountorbyabankorotherrecordholder,pleaserefertotheinstructionsfromyourbank,brokerageaccount,or

otherrecordholder.

TableofContents

2019 Proxy Statement | v

TABLEOFCONTENTS LETTERTOOURSHAREHOLDERS i

NOTICEOFTHE2019ANNUALMEETINGANDHOWTOVOTE iv

PROXYSTATEMENT 1

General 1

AbouttheAnnualMeeting 1

PROPOSALNO.1–ELECTIONOFDIRECTORS 4

MEMBERSOFTHEBOARDOFDIRECTORS 4

DirectorExperienceMatrix 5

DirectorBiographies 6

CORPORATEGOVERNANCE 17

Highlights 17

TheBoard’sRoleinRiskOversight 18

BoardLeadershipStructure 18

BoardComposition 19

IndependenceofDirectors 20

DirectorNominations 20

CommitteesoftheBoardofDirectors 21

CorporateGovernanceGuidelines 22

DirectorEducation 23

AnnualPerformanceEvaluations 23

AttendanceatMeetingsoftheBoardanditsCommitteesandtheShareholderMeeting 23

CodeofEthics 23

StockOwnershipGuidelines 24

ContactingtheBoardofDirectors 24

AvailabilityofDocuments 25

CompensationofDirectorsforFiscal2018 25

Forward-LookingStatements 27

PROPOSALNO.2–ADVISORYVOTETOAPPROVEEXECUTIVECOMPENSATION 28

COMPENSATIONCOMMITTEEREPORT 29

COMPENSATIONDISCUSSIONANDANALYSIS(“CD&A”) 30

ExecutiveSummary 30

OurExecutiveCompensationPhilosophy 31

OurExecutiveCompensationProgramandPractices 31

TheCompensationDecisionProcess 33

AssessingCompensationCompetitiveness 33

ShareholderEngagementandSay-on-Pay 34

CompensationElements 34

OtherBenefitsandPolicies 44

EXECUTIVECOMPENSATION 48

SummaryCompensationTable 48

NarrativeDisclosuretoSummaryCompensationTable 49

2018GrantsofPlan-BasedAwards 50

OutstandingEquityAwardsofNEOsat2018FiscalYear-End 51

OptionExercisesandStockVestedinFiscal2018 52

Non-qualifiedDeferredCompensation 52

CompensationUnderVariousTerminationScenarios 54

EquityCompensationPlanInformation 55

PayRatio 55

PROPOSALNO.3–RATIFICATIONOFTHEAPPOINTMENTOFERNST&YOUNGLLP 57

REPORTOFTHEAUDITCOMMITTEE 58

AUDITANDNON-AUDITFEES 59

SECURITYOWNERSHIP 60

SecurityOwnershipofCertainBeneficialOwners 60

SecurityOwnershipofDirectors,NomineesandManagement 61

SECTION16(a)BENEFICIALOWNERSHIPREPORTINGCOMPLIANCE 62

EXECUTIVEOFFICERS 62

SHAREHOLDERS’PROPOSALS 62

CERTAINRELATIONSHIPSANDRELATEDTRANSACTIONS 62

HOUSEHOLDINGOFPROXYMATERIALS 63

ANNUALREPORT,FINANCIALANDADDITIONALINFORMATION 64

OTHERBUSINESS 64

TableofContents

PROXYSTATEMENTWeareprovidingtheseproxymaterialsinconnectionwiththe2019AnnualMeetingofShareholdersofJacobsEngineeringGroupInc.

(the“Company”or“Jacobs”).ThisProxyStatementandtheCompany’s2018AnnualReportonForm10-KwerefirstmadeavailabletoshareholdersandtheNoticeofInternetAvailabilityofProxyMaterials,proxycardorvotinginstructioncardwerefirstmailedtoshareholdersonoraboutDecember5,2018.ThisProxyStatementcontainsimportantinformationforyoutoconsiderwhendecidinghowtovoteonthematterstobebroughtbeforetheAnnualMeeting.Pleasereaditcarefully.

GENERAL

The2019AnnualMeetingofShareholders(the“AnnualMeeting”)willbeheldonWednesday,January16,2019,at4:30p.m.,localtime,inthebuildingwhereourprincipalofficesarelocated,1999BryanStreet,FirstFloor,Dallas,Texas75201,andatanyadjournmentorpostponementthereof.

ABOUTTHEANNUALMEETING

Who is soliciting my vote?

TheBoardofDirectorsoftheCompany(the“BoardofDirectors”or“Board”)issolicitingyourvoteinconnectionwiththeAnnualMeeting.

What is the purpose of the Annual Meeting?

TheAnnualMeetingwillbetheCompany’sregular,annualmeetingofshareholders.YouwillbevotingonthefollowingmattersattheAnnualMeeting: ProposalNumber Description BoardRecommendation

PageReference

1

ElectionofthedirectorsnamedinthisProxyStatementtoholdofficeuntilthe2020annualmeeting;

FOReachnominee

4

2

AnadvisoryvotetoapprovetheCompany’sexecutivecompensation;and

FOR

28

3

RatificationoftheappointmentofErnst&YoungLLPastheCompany’sindependentregisteredpublicaccountingfirmforthefiscalyearendingSeptember27,2019.

FOR

57

How many votes can be cast by shareholders?

Eachshareofcommonstockisentitledtoonevote.Thereisnocumulativevoting.Therewere142,335,347sharesofcommonstockoutstandingandentitledtovoteonNovember23,2018(the“RecordDate”).

How many votes must be present to hold the Annual Meeting?

AmajorityoftheoutstandingsharesofcommonstockasoftheRecordDatemustbepresentattheAnnualMeetinginordertoholdtheAnnualMeetingandconductbusiness.Thisiscalleda“quorum.”YoursharesarecountedaspresentattheAnnualMeetingifyouarepresentattheAnnualMeetingandvoteinperson,aproxycardorvotinginstructioncardhasbeenproperlysubmittedbyyouoronyourbehalf,oryouhavevotedelectronicallyontheInternetorbytelephone.Bothabstentionsandbrokernon-votesarecountedaspresentforthepurposeofdeterminingthepresenceofaquorum.A“brokernon-vote”isashareofcommonstockthatisbeneficiallyownedbyapersonorentityandheldbyabrokerorothernomineebutforwhichthebrokerorothernominee(1)lacksthediscretionaryauthoritytovoteoncertainmatters,and(2)hasnotreceivedvotinginstructionsfromthebeneficialownerinrespectofthosespecificmatters.

2019 Proxy Statement | 1

TableofContents

How many votes are required to elect directors and approve the other proposals?

ProposalNo.1(ElectionofDirectors):Eachdirectoriselectedbyamajorityofthevotescastwithrespecttosuchnomineeinuncontestedelections(thenumberofsharesvoted“for”adirectornomineemustexceedthenumberofsharesvoted“against”thatnominee).Abstentionsandbrokernon-votesarenotcountedforpurposesoftheelectionofdirectorsand,therefore,willhavenoeffectontheoutcomeofsuchelection.

ProposalNo.2(AdvisoryVotetoApproveExecutiveCompensation):TheapprovaloftheadvisoryresolutionontheCompany’sexecutivecompensationrequirestheaffirmativevoteofamajorityofthesharesofcommonstockpresent,inpersonorbyproxy,attheAnnualMeetingandentitledtovote.Abstentionshavethesameeffectasavoteagainsttheadvisoryresolution.Brokernon-voteswillhavenoeffectontheoutcomeoftheadvisoryvotes.TheresultsofadvisoryvotesarenotbindingontheBoardofDirectors.

ProposalNo.3(RatificationoftheAppointmentofErnst&YoungLLPasAuditors):TheratificationoftheselectionofErnst&YoungLLPastheCompany’sindependentregisteredpublicaccountingfirmrequirestheaffirmativevoteofamajorityofthesharesofcommonstockpresent,inpersonorbyproxy,attheAnnualMeetingandentitledtovote.Abstentionshavethesameeffectasavoteagainsttheproposal.Thisproposalisconsideredaroutinematterwithrespecttowhichabrokerorothernomineecangenerallyvoteintheirdiscretion.Therefore,nobrokernon-votesareexpectedinconnectionwiththisproposal.

How do I vote by proxy?

YoucanvoteyoursharesbycompletingandreturningtheproxycardorvotinginstructioncardthatwassenttoyouorbyvotingyourshareselectronicallyontheInternetorbytelephone.YourInternetortelephonevoteauthorizesthenamedproxiestovoteyoursharesinthesamemannerasifyoumarked,signed,andreturnedyourproxycardorvotinginstructioncard.Votinginstructionsareprintedonyourproxycard,votinginstructioncardorNoticeofInternetAvailabilityofProxyMaterials.Youareencouragedtovotebyproxyassoonaspossible,evenifyouplantoattendtheAnnualMeetinginperson.

What if I don’t vote on some of the proposals?

Ifyoureturnyoursignedproxycardorvotinginstructioncardintheenvelopeprovidedtoyoubutdonotmarkselections,yourshareswillbevotedinaccordancewiththerecommendationsoftheBoardofDirectorswithrespecttosuchselections.Similarly,whenyouvoteelectronicallyontheInternetanddonotvoteonallmatters,yourshareswillbevotedinaccordancewiththerecommendationsoftheBoardofDirectorswithrespecttothemattersonwhichyoudidnotvote.Inconnectiontherewith,theBoardofDirectorshasdesignatedMr.StevenJ.Demetriou,Mr.KevinC.BerrymanandMr.MichaelR.Tylerasproxies.Shareholdersthatvotebytelephonemustvoteoneachmatter.Ifyouindicateachoicewithrespecttoanymattertobeactedupononyourproxycardorvotinginstructioncard,orbyInternetortelephone,yourshareswillbevotedinaccordancewithyourinstructions.

What if I hold my shares in a brokerage account or through a bank or other nominee?

Ifyouareabeneficialownerandholdyoursharesinstreetnamethroughabroker,bankorothernomineeanddonotreturnthevotinginstructioncard,thebroker,bankorothernomineewillvoteyoursharesoneachmatterattheAnnualMeetingforwhichheorshehastherequisitediscretionaryauthority.Underapplicablerules,brokershavethediscretiontovoteonroutinematters,suchastheratificationoftheselectionofindependentregisteredpublicaccountingfirms,butdonothavediscretiontovoteontheelectionofdirectorsoronanyadvisoryvoteregardingtheCompany’sexecutivecompensation.YoumayreceivemultiplesetsofproxymaterialsifyouholdyoursharesofCompanycommonstockinmultipleways,suchasdirectlyasaholderofrecordorindirectlythroughabroker,bankorothernomineeorthroughtheCH2M401(k)Plan(asdefinedbelow).Youareencouragedtovoteallproxycardsandvotinginstructioncardsyoureceiveassoonaspossible.

What if I hold my shares in the CH2M HILL Retirement and Tax-Deferred Savings Plan?

IfyoursharesofCompanycommonstockareheldintheCH2MHILLRetirementandTax-DeferredSavingsPlan(the“CH2M401(k)Plan”),youwillreceiveavotinginstructioncardallowingyoutoinstructthetrusteeofthe 2 |2019 Proxy Statement

TableofContents

CH2M401(k)Planhowtovotesuchshares.Thetrusteewillvotethesharescreditedtoyouraccountinaccordancewithyourinstructions,providedthetrusteedeterminesitcandosoinaccordancewiththeEmployeeRetirementIncomeSecurityActof1974(“ERISA”).PursuanttoERISA,thetrusteewouldonlybepreventedfromvotingthesharescreditedtoyouraccountinaccordancewithyourinstructionsiftheindependentfiduciaryoftheCH2M401(k)Plan,StateStreetGlobalAdvisors(“SSGA”),deemsthatfollowingtheinstructionswouldbeaviolationofthetrustee’sfiduciaryduties.ToallowsufficienttimeforvotingbythetrusteeoftheCH2M401(k)Plan,yourvotinginstructionsmustbereceivedbyJanuary11,2018at11:59p.m.easterntime.IfyoudonotsendinstructionsregardingthevotingofsharesinyourCH2M401(k)Planaccount,orifyourinstructionsarenotreceivedinatimelymanner,SSGAwilldirectthetrustee,inSSGA’sdiscretion,howtovoteyourshares.Pleasefollowtheinstructionsonyourvotinginstructioncard,whichmaybedifferentfromthoseprovidedtootherstockholders.Fortheavoidanceofdoubt,ifyouareaparticipantintheCH2M401(k)Plan,youmaynotvotedirectlyattheAnnualMeeting.YoumayreceivemultiplesetsofproxymaterialsifyouholdyoursharesofCompanycommonstockinmultipleways,suchasdirectlyasaholderofrecordorindirectlythroughabroker,bankorothernomineeorthroughtheCH2M401(k)Plan.Youareencouragedtovoteallproxycardsandvotinginstructioncardsyoureceiveassoonaspossible.

Who pays for the proxy solicitation and how will the Company solicit votes?

TheCompanybearstheexpenseofprintingandmailingproxymaterialsandsolicitingproxies.Inadditiontothissolicitationofproxiesbymail,theCompany’sdirectors,officers,andotheremployeesmaysolicitproxiesbypersonalinterview,telephone,facsimile,orelectroniccommunication.Theseindividualswillnotbepaidanyadditionalcompensationabovetheirregularsalariesandwagesforanysuchsolicitation.TheCompanywillrequestbrokersandothernomineeswhoholdsharesofcommonstockintheirnamestofurnishproxymaterialstothebeneficialownersofsuchshares.TheCompanywillreimbursesuchbrokersandothernomineesfortheirreasonableexpensesincurredinforwardingsolicitationmaterialstosuchbeneficialowners.Inaddition,wehaveretainedMacKenziePartners,Inc.toassistinthesolicitationofproxiesforatotalfeeofupto$20,000plusreimbursementofexpenses.MacKenziePartners,Inc.maysolicitproxiesinperson,bytelephoneorelectroniccommunication.

Can I change or revoke my vote?

Yes.Evenifyousignandreturntheproxycardorvotinginstructioncardintheformprovidedtoyou,votebytelephone,orvoteelectronicallyontheInternet,youretainthepowertorevokeyourproxyorchangeyourvoteatanytimebeforeitisexercisedattheAnnualMeeting.YoucanrevokeyourproxyorchangeyourvoteatanytimebeforethatdeadlinebygivingwrittennoticetotheSecretaryoftheCompany,specifyingsuchrevocation.Youmayalsochangeyourvotebytimelydeliveringavalid,later-datedproxyorvotinginstructioncardorbysubmittingalater-datedvotebytelephoneorelectronicallyontheInternetorbyvotinginpersonattheAnnualMeeting.However,pleasenotethatifyouwouldliketovoteattheAnnualMeetingandyouarenottheshareholderofrecord,youmustrequest,complete,anddeliveraproxyfromyourbroker,bankorothernominee.

Whom can I contact if I have questions or need assistance in voting my shares?

PleasecontactMacKenziePartners,Inc.,thefirmassistingusinthesolicitationofproxies,at:

MacKenziePartners,Inc.105MadisonAvenue

NewYork,[email protected]:(800)322-2885

orCollect:(212)929-5500


TableofContents

PROPOSALNO.1—ELECTIONOFDIRECTORS

The Board of Directors unanimously recommends that you vote FOR the election of each nominee.

MEMBERSOFTHEBOARDOFDIRECTORS CommitteeMemberships

DirectorNominees IndependentDirector

Since Audit

HumanResourceandCompensation

NominatingandCorporateGovernance

StevenJ.Demetriou(1)Chair&CEO

2015

LindaFayneLevinson(2)LeadIndependentDirector

●

1996

JosephR.Bronson ● 2003 Chair JuanJoséSuárezCoppel ● 2013 ● ●RobertC.Davidson,Jr. ● 2001 ChairGeneralRalphE.Eberhart ● 2012 ● ●DawneS.Hickton ● 2015 ● ●RobertA.McNamara ● 2017 ● ●PeterJ.Robertson ● 2009 Chair ChristopherM.T.Thompson ● 2012 ● ● BarryL.Williams ● 2017 ● (1) AsChair,Mr.DemetriouisinvitedtoattendeachCommitteemeeting,excepttotheextentthataCommitteerequeststomeetwithoutMr.Demetrioupresent.(2) Ms.FayneLevinsonservesasLeadIndependentDirectorandpresidesovermeetingsoftheindependentdirectorsandisinvitedtoattendeachCommittee

meeting.

Summarizedinthefollowingpagesarethespecificexperience,qualificationsandbackgroundinformationofeachdirectornomineethatledtheBoardofDirectorstoconcludethateachsuchpersonshouldserveontheBoardofDirectors. 4 |2019 Proxy Statement

Whatareyouvotingon?

AttheAnnualMeeting,shareholderswillbeaskedtoelectelevendirectorstoserveontheBoardofDirectors.TheBoardofDirectorshasnominatedStevenJ.Demetriou,LindaFayneLevinson,JosephR.Bronson,JuanJoséSuárezCoppel,RobertC.Davidson,Jr.,GeneralRalphE.Eberhart,DawneS.Hickton,RobertA.McNamara,PeterJ.Robertson,ChristopherM.T.ThompsonandBarryL.Williamsforelectionasdirectorsforone-yeartermsexpiringatthe2020annualmeetingofshareholders.Whenelected,directorsserveuntiltheirsuccessorshavebeendulyelectedandqualifiedoruntilanysuchdirector’searlierresignationorremoval.

Ifanynomineeforanyreasonisunabletoserveorwillnotserve,proxiesmaybevotedforsuchsubstitutenomineeastheproxyholdermaydetermine.TheCompanyisnotawareofanynomineewhowillbeunabletoorwillnotserveasadirector.

WhatistheVoteRequired?

Eachdirectoriselectedbyamajorityofthevotescastwithrespecttosuchdirectorinuncontestedelections(thenumberofsharesvoted“for”adirectornomineemustexceedthenumberofsharesvoted“against”thatnominee).TheCompanydidnotreceiveanyshareholdernominationsforanydirectorandthustheelectionofdirectorsattheAnnualMeetingwillbeanuncontestedelection.

Abstentionsandbrokernon-votesarenotcountedforpurposesoftheelectionofdirectorsand,therefore,willhavenoeffectontheoutcomeoftheelection.

TableofContents

DirectorExperienceMatrix

Competencies/AttributesJosephBronsonJuanJoseSuarezCoppelRobertC.Davidson,Jr.StevenJ.DemetriouGeneralRalphE.EberhartDawneS.HicktonLindaFayneLevinsonRobertA.McNamaraPeterJ.RobertsonChristopherM.T.ThompsonCOMPLIANCECONSIDERATIONSIndependentDirectorAuditCommitteeFinancialExpert(SECRules)FinanciallyLiterate(NYSERules)SecurityClearanceEXPERIENCECEOPublicCompanyCEOPrivateCompanyCFOGovernment/MilitaryInternationalOperationsSTRATEGICCOMPETENCIESFinancial(Reporting,Auditing,InternalControls)Strategy/BusinessDevelopment/M&AHumanResources/OrganizationalDevelopmentProjectDeliveryLegalRiskManagement/CompliancePublicCompany/GovernanceTechnology

Our Directors have lived and worked around the world

TheBoardhasaGoodBalanceofIndustryandSectorExperience

✓ Infrastructure ✓ Government ✓ Aerospace ✓ Military ✓ Oil&Gas ✓ SpecialtyChemical ✓ Mining&Metals ✓ Financial ✓ Banking ✓ Manufacturing ✓ Environmental


TableofContents

DirectorBiographies

DirectorSince2015Age60ChairmanoftheBoard

StevenJ.Demetriou

ChairandChiefExecutiveOfficer

Mr.Demetrioubringsinternationalbusinessperspectivesandmorethan35yearsofexperienceinleadershipandseniormanagementrolestotheBoard,includingover15yearsintheroleofchiefexecutiveofficer.Hebringsexperienceinavarietyofindustries,includingmetals,specialtychemicals,oil&gas,manufacturingandfertilizers,whichhehasgainedoverthecourseofhiscareer.Hisbreadthofexperienceisparticularlyvaluable,giventhevarietyofindustriesinwhichtheCompany’sclientsoperate.

Business Experience• ChairmanandChiefExecutiveOfficerofAlerisCorporation(2004-2015)

• ChiefExecutiveOfficerofAleriswhenitfiledforChapter11in2009andwhenitsuccessfullyemergedfromChapter11inJune2010(2004-2015)

• ChiefExecutiveOfficerofNoveon,Inc.(2001-2004)

• ExecutiveVicePresidentofIMCGlobalInc.(1999-2001)

• VariousmanagementpositionswithCytecIndustriesInc.andExxonMobilCorporation(1981-1999)

Education• BSinchemicalengineeringfromTuftsUniversity

Public Company Boards• DirectorandmemberoftheCompensationandFinanceCommitteesofFirstEnergyCorp.(2017-present)

• ChairofKratonPerformancePolymers’CompensationCommitteeandamemberofitsNominatingandCorporateGovernanceCommittee(2009-2017)

• Non-ExecutiveChairmanofFoster-Wheeler(2011-2014)

• ChairoftheCompensationCommitteeandamemberoftheNominating/CorporateGovernanceCommitteeofOMGroup(2005-2015)

Private Boards & Community Involvement• Co-ChairmanofUS-SaudiArabianBusinessCouncil

• BoardMemberofUSChamberofCommerce• BoardMemberofCuyahogaCommunityCollegeFoundation

• MemberofDallasCitizen’sCouncil• MemberofDallasRegionalChamber

6 |2019 Proxy Statement

TableofContents

DirectorSince2015Age60ChairmanoftheBoard

LindaFayneLevinson

LeadIndependentDirector

Ms.FayneLevinson’sdiverseexperienceasaconsultant,alineexecutiveandaventureinvestoracrossarangeofindustriesbringsin-depthknowledgeofstrategy,innovation,technologyandoperationstotheBoardofDirectors.Herserviceontheboardsofmanyglobalcompanies,includingherserviceasaChairofaboard,aleaddirectorandasChairofCompensationandNominatingandGovernancecommittees,providestheBoardinsightregardingcompensationstrategiesandothercorporategovernancematters,bothofwhicharekeyareasoffocusintoday’scorporateenvironment.

Business Experience• PartnerofGRPPartners,aventurecapitalfirm(1997-2004)

• PresidentofFayneLevinsonAssociates(1994-1997)

• ExecutiveatCreativeArtistsAgency(1993)• PartneratWingsPartners(1989-1992)• SeniorVicePresidentofAmericanExpressTravelRelatedServicesCo.,Inc.(1984-1987)

• McKinsey&Company(1972-1981;ElectedPartner1978)

Education• BAfromBarnardCollege• MAfromHarvardUniversity• MBAfromNewYorkUniversity,LeonardN.SternSchoolofBusiness

Public Company Boards• NCRCorporation(ChairoftheCompensationCommittee)(1997-present)

• Hertz(2012-2017);ChairoftheBoard(2014-2016);ChairofNominatingandGovernanceCommittee(2014);ChairoftheCompensationCommittee(2015-2016)

• MemberoftheBoardofIngramMicro,Inc.(2004-2016);ChairoftheCompensationCommittee

• WesternUnion(2006-2016);ChairofCompensationCommittee(2006-2012);memberoftheAuditCommittee

• DemandTec(2005-2008)• Lastminute.com,plc(1999-2002)• OvertureServicesInc.(1998-2003)• CyberSourceInc.(1997-2001)• Genentech(1991-1998)Private Boards & Community Involvement• Director,Kount,Inc.(Fintech)• Director,ClearPathRobotics,Canada• Director,Knotel,Inc.• Director,BitPesa• Member,McKinseyNewVentureAdvisoryCouncil

• MemberoftheU.S.AdvisoryBoardofCVCCapitalPartners

• SeniorAdvisor,RREVentures,NY• FormerTrusteeatBarnardCollegeandchairstheInvestmentCommittee


TableofContents

IndependentDirectorSince2003Age70BoardCommittee:Audit(Chair)

JosephR.Bronson

PrincipalandChiefExecutiveOfficerofTheBronsonGroup,LLC.,StrategicAdvisorofCowenandCompany

Mr.Bronsonbringsaccountingexpertiseandfamiliaritywithfinancialstatements,financialdisclosures,auditingandinternalcontrolstotheBoardfromhispriorserviceasChiefFinancialOfficerofAppliedMaterials,Inc.HisseniormanagementlevelexperienceatlargepubliclytradedcompaniesalsobringstotheBoardadditionalperspectiveregardingtheday-to-dayoperationsoflargeorganizationsaswellascorporatebestpractices.

Business Experience• PrincipalandChiefExecutiveOfficerofTheBronsonGroup,LLC

• StrategicAdvisorofCowenandCompany(2014-present)

• AdvisoryDirectortoGCA/Savvian,LLC(2011-2014)

• ChiefExecutiveOfficerofSiliconValleyTechnologyCorporation(2009-2010)

• PresidentandChiefOperatingOfficerofSanmina-SCI(2007-2008)

• Co-ChiefExecutiveOfficerandDirectorofFormFactor(2004-2007)

• ExecutiveVicePresidentandChiefFinancialOfficerofAppliedMaterials,Inc.(1998-2005)

• VariousexecutivemanagementandgeneralmanagementpositionsatAppliedMaterials,Inc.(1984-1998)

Education• BSfromFairfieldUniversity• MBAfromUniversityofConnecticut• CertifiedPublicAccountantandamemberoftheAmericanInstituteofCPAs

• RegisteredInvestmentAdvisorandholderofSeries63andSeries7credentialsfromtheFinancialIndustryRegulatoryAuthority(FINRA)from2011topresent

Public Company Boards• DirectorofMaximIntegratedProducts,Inc.(2007-present)

• DirectorofPDFSolutions,Inc.(2014-present)Private Boards & Community Involvement• TrusteeofFairfieldUniversity,Fairfield,Connecticut

• RegentofSantaClaraUniversity,SantaClara,California

• RegentofLoyolaMarymountUniversity,LosAngeles,California

• ChairoftheAdvisoryBoardattheLeaveySchoolofBusinessatSantaClaraUniversity,SantaClara,California

• TrusteeofBellarmineCollegePreparatorySchool,SanJose,CaliforniaandpastChairoftheBoardofTrustees

• DirectorofSiltectra,Dresden,Germany


TableofContents

IndependentDirectorSince2013Age59BoardCommittee:HumanResourceandCompensationNominatingandCorporateGovernance

JuanJoséSuárezCoppel

FormerGeneralDirector(ChiefExecutiveOfficer)ofPetróleosMexicanos

Mr.SuárezCoppelprovidessolidexpertiseintheoilandgasindustry,whichisparticularlyvaluablegiventheCompany’scustomersinthisindustry.HealsobringsextensiveknowledgeandexperienceinfinancemattersandhisexperienceasanexecutivebringsperspectiveonmanagementandoperationalmatterstotheBoard.HisbackgroundininternationaloperationsalsoassiststheBoardinlightofourgrowinginternationalpresence.

Business Experience• GeneralDirector(ChiefExecutiveOfficer)ofPetróleosMexicanos(2009-2012)

• ChiefFinancialOfficerofPetróleosMexicanos(2001-2006)

• ChiefofStaffofMexico’sSecretaryofFinanceandPublicCredit(2000-2001)

• Co-HeadofEquityDerivativeTradingatBanamex(1991-1995)

• SeniorleadershippositionsatGrupoTelevisaandGrupoModelo(1991-1995)

• ConsultantforPetroleosEbano

Other Professional Experience• ServedasaprofessorofeconomicsatBrownUniversityandtheUniversitatAutónomadeBarcelona

Education• GraduateoftheInstitutoTecnológicoAutónomoinMexicoCity

• Ph.D.ineconomicsfromtheUniversityofChicago


TableofContents

IndependentDirectorSince2001Age73BoardCommittee:NominatingandCorporateGovernance(Chair)

RobertC.Davidson,Jr.

FormerDirector,ChairmanandChiefExecutiveOfficerofSurfaceProtectionIndustries,Inc.

Mr.Davidsonbringsstrongleadership,knowledgeandexperienceofstrategicandfinancialmatterstotheBoardfromhisexpertisefoundingandbuildingprivatecompaniesservingnationalandinternationalmarketsduringhis30-yearcareeratSurfaceProtectionIndustries,Inc.,includinghisserviceaschiefexecutiveofficerandchairman.HealsobringstotheBoardimportantknowledgeofpubliccompanygovernancethroughhisserviceonmultiplepubliccompanyboards,includingserviceoncompensationcommittees.

Business Experience• ChairmanandChiefExecutiveOfficerofSurfaceProtectionIndustries,Inc.(1977-2007)

• PresidentofRDavidsonandAssociates(2007toPresent)

• VicePresidentofUrbanNationalCorporation(1972-1974)

• ManagementConsultantatCresap,McCormick&Paget(1969-1972)

Education• BAfromMorehouseCollege• MBAinMarketingandFinancefromtheUniversityofChicago

• HonoraryDoctorateofLawsfromMorehouseCollege

Public Company Boards• BroadwayFinancialCorporation(2003-present)• ChairofCompensationCommittee• ChairofInternalAssetReviewCommittee• MemberofGovernanceCommittee• MemberofRisk&ComplianceCommittee

Private Boards & Community Involvement• ChairmanoftheBoardofTrusteesoftheArtCenterCollegeofDesign,Pasadena,California

• BoardofDirectorsofCedars-SinaiMedicalCenter,LosAngeles,California

• BoardmemberoftheSmithsonianAmericanArtMuseum,Washington,DC

• BoardmemberofTheRayCharlesFoundation,LosAngeles,California

• ChairmanEmeritusoftheBoardofTrusteesofMorehouseCollege

• MemberoftheAdvisoryCouncilattheUniversityofChicagoGraduateSchoolofBusiness

• Previouslyservedonboardsofnumerousotherorganizations,includingChildren’sHospital,LosAngeles;LAChamberofCommerce;WeingartCenterfortheHomeless,L.A.;amongothers


TableofContents

IndependentDirectorSince2012Age71BoardCommittees:HumanResourceandCompensationNominatingandCorporateGovernance

GeneralRalphE.Eberhart(USAF,Retired)

Director,ChairmanandPresidentofArmedForcesBenefitAssociation

GeneralRalphE.Eberhartbringsvaluableleadershipandmanagementskillsdevelopedthroughhismilitaryservice.His36-yearmilitarycareerprovidestheBoardwithvaluableexperienceandknowledgeofgovernmentandthemilitary,whichisparticularlyvaluablegiventheCompany’sgovernmentandmilitarycontracts.

Business & Military Experience• FormerGeneralOfficeroftheUnitedStatesAirForce(1997-2005)

• Numeroushigh-levelcommandandstaffpositionswithintheAirForce(1968-2005)

• FormerCommanderoftheNorthAmericanAerospaceDefenseCommand(NORAD)(2002-2005)

• FormerCommanderofAirCombatCommandandU.S.SpaceCommand(1999-2002)

Education• UnitedStatesAirForceAcademy

Public Company Boards• DirectorofRockwellCollins(2007-2018)

• DirectorofTriumphGroup,Inc.(2010-present)

• DirectorofVSECorporation(2007-present)

Private Boards & Community Involvement• Trustee,AirForceAcademyEndowment• Director,Segs4Vets• Director,TermaNorthAmericaInc.


TableofContents

IndependentDirectorSince2015Age61BoardCommittees:AuditNominatingandCorporateGovernance

DawneS.Hickton

FormerDirector,ViceChair,PresidentandChiefExecutiveOfficerofRTIInternationalMetals,Inc.

Ms.HicktonprovidesawealthofprovenbusinessleadershipexperiencewithaCEO’sperspective,andadvancedstrengthsinprojectmanagementandengineeringexpertise.HerbackgroundasaseniorofficerinapubliclytradedcompanyfornearlytwodecadesisparticularlyvaluabletotheBoard,asitlendsacontemporaryunderstandingofhowtoengagewiththeCompany’sstakeholders,inadditiontodrivingastronggrowthagenda.

Business Experience• PresidentofCumberlandHighstreetPartners(2016-present)

• ChairmanoftheFederalReserveBankofCleveland(January2018-present)

• DeputyChairoftheFederalReserveBankofCleveland(2012toJanuary2018)

• ChiefExecutiveOfficerofRTIInternationalMetals,Inc.(2007-2015)

Education• GraduateoftheUniversityofRochester• JDfromtheUniversityofPittsburghSchoolofLaw

Public Company Boards• Boardmember,ChairoftheAuditCommitteeandmemberoftheNominating&CorporateGovernanceCommitteeandExecutiveCommitteeofTriumphGroup(2015-present)

• BoardmemberandmemberoftheRiskCommittee,StrategicCommitteeandAuditCommitteeofHaynesInternationalInc.(2017-present)

• DirectorofFNBCorporation(2006-2013)

Private Boards & Community Involvement• BoardmemberofSmithsonian’sNationalAirandSpaceMuseum

• BoardmemberofTheWingsClub• DirectorofCorporateAngelNetwork• MemberoftheUniversityofPittsburgh’sBoardofTrustees,servingontheStudentAffairs,Technology&Innovation,andProperty&FacilitiesCommittees


TableofContents

IndependentDirectorSince2017Age64BoardCommittees:AuditNominatingandCorporateGovernance

RobertA.McNamara

RetiredGroupChiefRiskOfficerofLendleaseCorporation(ASX)

Mr.McNamarahasover35yearsofexperiencemanagingglobalbusinessesinthedevelopment,designanddeliveryofprojectsinthegovernment,institutional,infrastructureandindustrialsectorsinseniormanagementpositions.HehasbeenresponsibleforensuringLendleaseachievesworld’sbestpracticesinriskmanagementandoperationalexcellence.HealsooversawLendlease’sBuilding,Engineering,andServicesbusinessesinAustralia.Priortothis,Mr.McNamarawasChiefExecutiveOfficerAmericasofLendlease.

Business Experience• GroupChiefRiskOfficer,LendleaseCorporation(2014-2017)

• ChiefExecutiveOfficer,AmericasofLeadlease(2010-2014)

• ChairmanandChiefExecutiveOfficerofPenhall/LVIInternational(PLI)(2006-2010)

• SeniorGroupPresidentofFluorCorporation(1996-2006)

• PresidentandChiefOperatingOfficerofMarshallContractors(1977-1996)

Education• Bachelor’sdegreeinEconomicsfromBrownUniversity

• CompletedtheConsortia1ProgramatThunderbirdInternationalBusinessSchool

• CertificationasaPublicBoardDirectorfromtheUCLAAndersonSchoolofManagement

Public Company Boards• BoardmemberofUDR,Inc.(2014-present)

Private Boards & Community Involvement• PastBoardmemberoftheUSChinaBusinessCouncil

• PastChairmanfortheConstructionIndustryInstitute’sTechnologyImplementationTaskForce


TableofContents

IndependentDirectorSince2009Age71BoardCommittees:HumanResourceandCompensation(Chair)

PeterJ.Robertson

FormerDirectorandViceChairmanoftheBoardofDirectorsofChevronCorporation

Mr.RobertsonbringsvitalknowledgeandexperiencetotheBoardintheoilandgasindustryfromhis36-yearcareeratChevronCorporation,whichisparticularlyimportantgiventhenumberoftheCompany’scustomersintheenergyandrefiningsector.Healsobringsvaluableinternationalexperienceindevelopedanddevelopingcountries,includinginteractionswithgovernmentsatthehighestlevels,fromhisexecutiveexperienceandthemultiplechairmanshipanddirectorpositionshehasheldandcurrentlyholds.Mr.Robertsonalsohasextensiveexperienceontheboardsofnot-for-profitentitieswithglobalreachandpubliccompanyboardsaswellasimportantaccountingknow-howandexperiencewithpubliccompanyfinancialstatements,disclosuresandaccountingrulesfromhisserviceasChiefFinancialOfficerofChevronUSA.

Business Experience• ExecutiveVicePresident,DirectorandViceChairmanofChevronBoard(2002-2009)

• PresidentofChevron’sworldwideexploration,productionandglobalgasbusinesses(2002-2004)

• PresidentofChevron’soverseasexplorationandproductionbusinesses(2000-2002)

• PresidentofChevron’sNorthAmericaexplorationandproductionbusinesses(1996-2000)

• PresidentofChevron’snaturalgasprocessingbusiness(1990-1994)

• ChiefFinancialOfficerofChevronUSA(1985-1990)

Education• BSinMechanicalEngineeringfromtheUniversityofEdinburgh

• MBAfromtheUniversityofPennsylvania,WhartonSchool,wherehewasaThouronScholar

Public Company Boards• ViceChairmanoftheBoardforChevronCorporation(2002-2009)

• DirectorofSasolLimited,chairofCapitalInvestmentCommittee,andmemberofNominationandGovernanceCommitteeandRemunerationCommittee(2012-present)

• Director,DynegyInc.(1996-2000)Private Boards & Community Involvement• Director,SylvanSource,Inc.(2016-present)• Co-chairmanoftheUSSaudiArabianBusinessCouncil(2009-2018)

• ChairmanoftheWorldAffairsCouncilofNorthernCalifornia(2009-2018)

• ChairmanoftheUSEnergyAssociation(2006-2008)


TableofContents

IndependentDirectorSince2012Age70BoardCommittees:AuditHumanResourceandCompensation

ChristopherM.T.Thompson

FormerChairmanandChiefExecutiveOfficerofGoldFieldsLtd.

Mr.Thompsonhasanextensivebackgroundintheminingindustry,providingstrongknowledgeofandmanagementandoperationalexperienceinthisareatotheBoard,whichisparticularlyvaluablegiventheCompany’scustomersinthisindustry.Mr.Thompsonalsoprovidesknowledgeofthebiotechnologyindustry,whichisalsoimportantgiventheCompany’scustomersinthatindustry.HisinternationalexperiencebringstotheBoardadditionalperspectiveregardingthedaytodayoperationsoflargeorganizationsaswellascorporatebestpractices.

Business Experience• Director,ChairmanandChiefExecutiveOfficerofGoldFieldsLtd.(1998-2005)

• ChairmanoftheWorldGoldCouncil(2002-2005)• FounderandChiefExecutiveOfficerofCastleGroupLtd.(1992-1998)

Education• Bachelor’sdegreeinlawandeconomicsfromRhodesUniversity,SouthAfrica

• Master’sdegreeinmanagementstudiesfromBradfordUniversity,U.K.

Public Company Boards• BoardmemberofRoyalGold,Inc.(2013-present)

• BoardmemberofTeckResourcesLimited(2003-2015)

• BoardmemberofGoldenStarResourcesLtd.(2010-2015)

• BoardmemberofvariousportfoliocompaniesofCastleGroup(1985-1999)

Private Boards & Community Involvement• BoardmemberofTheColoradoSchoolofMinesFoundation(2013-2017)


TableofContents

IndependentDirectorSince2017Age74BoardCommittees:Audit

BarryL.Williams

RetiredManagingGeneralPartnerofWilliamsPacificVentures,Inc.

Mr.WilliamsbringsvaluablebusinessandleadershipskillstotheBoardfromhiscareerleadinganinvestmentandconsultingcompany.Hehasaccountingexpertiseandexperienceservingasamemberofpublicandprivatecompanyboards,includingserviceonauditcommittees.Mr.WilliamsunderstandstheengineeringindustryandprovidestheBoardwithavaluableperspective,havingservedasaboardmemberofrecentlyacquiredCH2MHILLCompanies,Ltd.formorethan20years.

Business Experience• ManagingGeneralPartnerofWilliamsPacificVentures(1986-2014)

• PresidentandCEOofAmericanManagementAssociationInternational(2000-2001)

• SeniorMediatorforJAMS/Endispute(1993-2002)

• VisitingLecturer,UniversityofCalifornia(1993-2000)

Education• BAfromHarvardUniversity• MBAfromHarvardBusinessSchool• JDfromHarvardLawSchool

Public Company Boards• Navient(2000-present)• PG&ECorporation(1996-2017)• SimpsonManufacturingCo.(1994-2015)• R.H.DonnellyCorp.(1998-2010)• AmeronInternationalCorporation(2010-2011)Private Boards & Community Involvement• Director,CH2MHILLCompanies,Ltd.(1995-2017)

• Trustee,SutterHealth(1992-present)• Trustee,NorthwesternMutualLifeInsuranceCompany(1986-2016)

• ManagementLeadershipforTomorrow 16 |2019 Proxy Statement

TableofContents

CORPORATEGOVERNANCE

HighlightsJacobshasastrongtrackrecordofintegrityandcorporategovernancepracticesthatpromotethoughtfulmanagementbyitsofficersandBoardofDirectorstofacilitateprofitablegrowthwhilestrategicallybalancingrisktomaximizelong-termshareholdervalue.BelowisasummaryofcertaininformationaboutourBoardofDirectorsandgovernancebestpracticesemployedbytheCompany:

SIZEOFBOARD

11

AVERAGEDIRECTORTENUREINYEARS

9

BOARD

MEETINGSHELDINFISCAL

2018

5

NUMBEROFINDEPENDENTDIRECTORS

10

PERCENTFEMALEORETHNICALLYDIVERSE

45%

NEW

DIRECTORSINTHELASTFIVE

YEARS

4

CorporateGovernanceBestPractices

✓ BoardComprisedof91%IndependentDirectors✓ CommitmenttoBoardRefreshment(FourNew

DirectorsinPastFiveYears)✓ HighlyEngagedLeadIndependentDirector✓ AnnualElectionofDirectors✓ MajorityVotingforDirectors✓ MandatoryAnti-CorruptionComplianceTrainingfor

Directors✓ CodeofEthicsforDirectors,Officers&Employees✓ AnnualSelf-EvaluationsbyBoardandeachCommittee

✓ RigorousDirectorSelectionProcess✓ SubstantialBoardoversightofstrategicobjectives,

includingmergersandacquisitionactivity✓ DirectorAttendanceatBoard&Committee

Meetings>99%✓ FullyIndependentCommittees✓ ComprehensiveRiskOversightbyFullBoardand

Committees✓ ExtensiveStockholderEngagementEfforts✓ StockOwnershipGuidelinesforDirectorsand

ExecutiveOfficers✓ RegularEnterpriseRiskManagementReviewsby

BoardandCommittees


TableofContents

TheBoard’sRoleinRiskOversight

TheBoardofDirectorsoverseestheCompany’sriskmanagementfunction.ItoverseesaCompany-wideapproachtoriskmanagement,designedtoenhancelong-termshareholdervalue,supporttheachievementofstrategicobjectivesandimproveorganizationalperformance.TheBoarddeterminestheappropriatelevelofriskfortheCompany,assessesthespecificrisksfacedbytheCompanyandreviewsthestepstakenbymanagementtomanagethoserisks.TheBoard’sinvolvementinsettingtheCompany’sbusinessstrategyalsofacilitatestheseassessmentsandreviews,culminatinginthedevelopmentofastrategythatreflectstheconsensusoftheBoardandmanagementastoappropriatelevelsofriskandtheappropriatemeasurestomanagethoserisks.

Throughthisframework,riskisassessedthroughouttheenterprise,focusingonrisksarisingoutofvariousaspectsoftheCompany’sstrategyandtheimplementationofthatstrategy,includingfinancial,legal/compliance,operational/strategic,healthandsafety,andcompensationrisks.TheBoardalsoconsidersriskwhenevaluatingproposedtransactionsandothermatterspresentedtotheBoard,includingacquisitionsandfinancialmatters.Forexample,infiscal2017,theBoardheldsixspecialBoardmeetingsinconnectionwiththeacquisitionofCH2MHillCompanies,Ltd.(“CH2M”)thatwascompletedinthefirstfiscalquarterof2018.Followingfiscal2018,theBoardheldtwospecialmeetingsandanadditionalexecutivesessioninconnectionwiththependingsaleoftheCompany’sEnergy,ChemicalsandResourcesbusinessannouncedinthefirstfiscalquarterof2019.Inaddition,theindependentdirectorsdiscussriskmanagementduringexecutivesessionswithoutmanagementpresent.

WhiletheBoardmaintainstheultimateoversightresponsibilityfortheriskmanagementprocess,itsCommitteesoverseeriskincertainspecifiedareas:

• AuditCommittee:Addressesfinancialrisk,includinginternalcontrols,anddiscussestheCompany’sriskprofilewiththe

Company’sindependentregisteredpublicaccountingfirm.TheAuditCommitteealsoreviewspotentialviolationsoftheCompany’svariouscodesofethicsandrelatedcorporatepolicies.

• HumanResourceandCompensationCommittee:Periodicallyreviewscompensationpracticesandpoliciestoconsider

whethertheyencourageexcessiverisktaking,includinganannualreviewofmanagement’sassessmentoftheriskassociatedwiththeCompany’scompensationprogramscoveringitsemployees,includingexecutives,anddiscussestheconceptofriskasitrelatestotheCompany’scompensationprograms.

• NominatingandCorporateGovernanceCommittee:Overseesrisksassociatedwiththeindependenceofdirectorsand

BoardnomineesandassiststheBoardinoverseeingtheactivitieswithrespecttocomplianceandbusinesspracticematters,includingtheCompany’scorporategovernancepolicies.

PursuanttotheBoard’sinstruction,managementregularlyreportsonapplicableriskstotherelevantCommitteeortheBoard,asappropriate,includingregularreportsonsignificantCompanyprojects,withadditionalrevieworreportingonrisksbeingconductedasneededorasrequestedbytheBoardanditsCommittees.

BoardLeadershipStructure

TheBoard’sleadershipiscomprisedof: • ChairoftheBoardandCEO:StevenJ.Demetriou • LeadIndependentDirector:LindaFayneLevinson

• Audit,HumanResourceandCompensationandNominatingandCorporateGovernanceCommittees:Composedentirelyofindependentdirectors

Currently,theBoardisledbyMr.DemetriouasChair,apositionhehasheldsinceJuly2016,andMs.FayneLevinsonasLeadIndependentDirector,apositionshehasalsoheldsinceJuly2016. 18 |2019 Proxy Statement

TableofContents

InaprocessledbytheLeadIndependentDirectorandtheChairoftheNominatingandCorporateGovernanceCommittee,theBoardevaluatestheappointmentandroleoftheChaironanannualbasis.TheBoardhasdeterminedthathavingMr.DemetriouserveasChairprovidessignificantadvantagestotheBoardandtheCompany,asitallowstheBoardtobenefitfromhisknowledgeoftheCompany’sbusinessandmarketopportunitiesandrisksandalsofacilitatescommunicationsandrelationswithothermembersofseniormanagement.TheBoardalsobelievesthathavingMr.DemetriouserveasChairisadvantageoustotheCompanywhenworkingwithclientsincertainareasoftheworldinwhichthetitleofChairissignificant.

BecausetheBoardbelievesthatstrongindependentBoardleadershipisacriticalaspectofeffectivecorporategovernance,theBoardhasestablishedthepositionofLeadIndependentDirector.TheBoardalsobelievesthataLeadIndependentDirector,whohastheresponsibilitiessetforthintheCompany’sCorporateGovernanceGuidelines,providesindependentleadership,oversightandbenefitsfortheCompanyandBoardthatwouldbeprovidedbyanindependentChair.ResponsibilitiesoftheLeadIndependentDirectorinclude: ✓ Servingastheindependentdirectors’centralpointof

communicationwiththeChairandCEO;

✓ PresidingatmeetingsoftheBoardatwhichtheChairandCEOisnotpresent,includingexecutivesessionsofindependentdirectors;

✓ ApprovingthescheduleofBoardmeetingsandmeetingagendas,workingwiththeChairandCEO;

✓ AttendingmeetingsofallCommitteesoftheBoard;

✓ WorkingwiththeChairoftheNominatingandCorporateGovernanceCommitteeandChairandCEOontheBoardsuccessionandrefreshmentprocess;

✓ WorkingwiththeChairoftheNominatingandCorporateGovernanceCommitteetoconducttheannualBoardself-evaluation;

✓ WorkingwiththeChairandCEOtosupportappropriatecompliancewithBoardpolicies;

✓ ProactivelyengagingwiththeChairandCEOasakeyadvisoronemergingissuesandalternativecoursesofaction;

✓ CallingspecialmeetingsoftheBoardand/ormeetingsoftheindependentdirectors;

✓ TogetherwiththeChairoftheHumanResourceandCompensationCommitteeandChairoftheNominatingandCorporateGovernanceCommittee,evaluatingtheperformanceandcompensationoftheChairandCEO;

✓ Participatinginshareholderoutreachandcommunications;and

✓ MeetingwithvariousCompanyconstituenciesonbehalfoftheBoardortheCompany.

TheNominatingandCorporateGovernanceCommitteeleadstheprocessoftheBoard’sevaluationoftheselection,roleandtermoftheLeadIndependentDirectoronanannualbasis.

BoardComposition

TheNominatingandCorporateGovernanceCommitteeisresponsibleforreviewingwiththeBoardonanannualbasistheappropriateskillsandcharacteristicsrequiredofmembersinthecontextofthecurrentmake-upoftheBoard.ThisprocessenablesthemtoupdatetheskillsandexperienceitseeksintheBoardasawhole,andinindividualdirectors,astheCompany’sneedsevolve.ThisassessmenttakesintoconsiderationallfactorsdeemedrelevantbytheNominatingandCorporateGovernanceCommittee,includingthefollowingfactors: • Independence:TheBoardmustbecomprisedofamajorityofindependentdirectors.

• RelevantSkillsandExperience:TheassessmentofskillsandcharacteristicsofBoardmemberstakesintoaccountallskillsandexperiencedeemedrelevantbytheCommittee,includingthosesummarizedintheDirectorExperienceMatrixonpage5,amongothers.Forincumbentdirectors,pastperformanceontheBoardofDirectorsanditsCommitteesisalsotakenintoconsideration.Fornewdirectorcandidates,theassessmentalsotakesintoaccounttheabilityandwillingnessofthedirectorcandidatetoserveontheBoardforfivetosevenyears.


TableofContents

• Diversity:TheBoardbelievesitshouldencompassindividualswithdiversebackgroundsandperspectives.Inaccordancewiththisguideline,theNominatingandCorporateGovernanceCommitteeconsidersthediversityofviewpoints,backgrounds,experienceandotherdemographicsinevaluatingandconsideringpotentialdirectorcandidates.DiversityisanimportantconsiderationinthedirectornominationprocessbecausetheBoardbelievesthatpeopleofdifferentgenders,experiences,ages,racesandethnicbackgroundscancontributedifferent,usefulperspectives,whilecollaboratingeffectivelytofurthertheCompany’smission.ThispolicyisincludedintheCompany’sCorporateGovernanceGuidelines.

TheBoardofDirectorsandtheNominatingandCorporateGovernanceCommitteeconsiderthequalificationsandattributesofdirectorsanddirectorcandidatesindividually,aswellasinthebroadercontextoftheBoard’soverallcompositionandtheCompany’scurrentandfutureneeds,toensurethattheBoardasawholepossessestherequisitecombinationofskills,professionalexperienceanddiversityofbackgroundsandperspectives.

IndependenceofDirectors

TheBoardofDirectorshasadoptedBoardofDirectorsGuidelinesforDeterminingtheIndependenceofitsMembers,whichareaccessiblebyfollowingthelinkto“CorporateGovernance”ontheCompany’swebsiteatwww.jacobs.com.TheBoardofDirectorshasaffirmativelydeterminedthateachpersonwhoservedasamemberoftheBoardofDirectorsduringfiscal2018,otherthanMr.Demetriou,isindependentunderSection303A.02oftheNYSElistedcompanymanualandtheCompany’sindependenceguidelines.EachmemberofeachCommitteeoftheBoardisalsoindependent(asdefinedbytheapplicableNYSErules).

Inaddition,asfurtherrequiredbytheNYSE’slistedcompanymanualandtheCompany’sIndependenceGuidelines,theBoardofDirectorshasmadeanaffirmativedeterminationthatnorelationship,whetherimmaterialormaterial,existsbetweenanyindependentdirectorandtheCompanythatwouldpreventadirectorfrombeingindependent.Inmakingthisdetermination,theBoardconsideredthefactsdescribedbelow.

Mr.DavidsonisanofficerofGammaZetaBouléFoundationandSigmaPiPhiProfessionalFraternity.TheCompanyhasmadeannualcontributionstotheseorganizationsduringthelastthreefiscalyears.Suchamountsdidnotexceed$7,500inanyfiscalyear.Duringfiscal2015,Ms.HicktonwasViceChair,PresidentandCEOofRTIInternationalMetals,Inc.(“RTI”),whichhasbeenaclientoftheCompany.ThepaymentsbyRTItotheCompanyforanyfiscalyearweresubstantiallylessthantwopercentoftheconsolidatedgrossrevenuesofRTI.Mr.McNamarawaspreviouslyGlobalChiefRiskOfficer&COO—AustraliabusinessesofBuilding,Engineering,andServicesofLendleaseCorporationLimited(“Lendlease”),whichhasbeenaclientoftheCompany.ThepaymentsbyLendleasetotheCompanyforanyfiscalyearweresubstantiallylessthantwopercentoftheconsolidatedgrossrevenuesofLendlease.

UntilFebruary2018,Mr.RobertsonservedastheU.S.co-chairmanoftheUS-SaudiArabianBusinessCouncil,anorganizationtowhichtheCompanymakes$20,000inannualcashcontributionsandalsosupportsconferences.InFebruary2018,Mr.DemetriousucceededMr.Robertsoninthisroleastheco-chairman.ThetotalamountcontributedbytheCompanytotheUS-SaudiArabianBusinessCounseloverthelastfiveyearsisapproximately$70,000.Mr.RobertsonisalsoontheBoardofSasolLtd.,whichisaclientoftheCompany.Afterareviewofthefacts,usingitsbusinessjudgment,theBoardofDirectorsdeterminedthattheserelationshipsdidnotcompromisetheindependenceofMssrs.Davidson,McNamaraandRobertsonorMs.Hickton.

DirectorNominations

TheNominatingandCorporateGovernanceCommitteeisresponsibleforrecommendingtheselectionofdirectornomineestotheBoard.Oncepotentialcandidatesareidentified,includingthosecandidatesnominatedbyshareholdersand/oridentifiedbyoutsideadvisorsorsearchfirms,theChairoftheNominatingandCorporateGovernanceCommittee,theLeadIndependentDirectorandtheChairandCEOreviewthebackgroundsofthosecandidateswiththeNominatingandCorporateGovernanceCommittee.Finalcandidatesarethenchosenandinterviewedbynon-managementdirectorsandexecutivemanagementoftheCompany. 20 |2019 Proxy Statement

TableofContents

Basedontheinterviews,theNominatingandCorporateGovernanceCommitteethenmakesitsrecommendationtotheBoardofDirectors.IftheBoardofDirectorsapprovestherecommendation,thecandidateisnominatedforelection.Withregardtoproceduresforshareholdernominationsofdirectorsforelection,pleaseseetherequirementsdescribedbelowunder“Shareholders’Proposals.”TheNominatingandCorporateGovernanceCommitteewillconsiderdirectorcandidatesrecommendedbyshareholdersinaccordancewiththeseprocedures.

Mr.WilliamswasappointedtotheBoardinDecember2017inconnectionwiththeCompany’sacquisitionofCH2M.Priortotheacquisition,Mr.WilliamsservedontheBoardofCH2Mandwasthechairofitsauditcommittee.

CommitteesoftheBoardofDirectors

TheBoardofDirectorshasthreestandingcommittees:theAuditCommittee,theHumanResourceandCompensationCommitteeandtheNominatingandCorporateGovernanceCommittee. AuditCommitteeMembers:*-JosephR.Bronson(Chair)-DawneS.Hickton-RobertA.McNamara-ChristopherM.T.Thompson-BarryL.Williams+

*Eachmemberisindependentandfinanciallyliterateandqualifiesasanauditcommitteefinancialexpert+NewmemberappointedtoCommitteeinJanuary2018

Primary responsibilities include monitoring and overseeing the:•IntegrityoftheCompany’sfinancialstatements•Independentauditor’squalificationsandindependence•PerformanceoftheCompany’sinternalauditfunctionand

independentauditors•CompliancebytheCompanywithlegalandregulatory

requirements

MeetingsinFiscal2018:9CommitteeMemberAttendance:98%

CommitteeCharter:TheAuditCommittee’scurrentcharterisavailablebyfollowingthelinksto“CorporateGovernance”ontheCompany’swebsiteatwww.jacobs.comoruponwrittenrequest,asdescribedbelowunder“CorporateGovernance—AvailabilityofDocuments.”

HumanResourceandCompensationCommitteeMembers:*-PeterJ.Robertson(Chair)-GeneralRalphE.Eberhart-JuanJoséSuárezCoppel-ChristopherM.T.Thompson

*Eachmemberisindependent

Primary responsibilities include:•Establishing,recommending,andgoverningallcompensationand

benefitspoliciesforexecutiveofficers•Establishingandoverseeingpolicyandprotocolinvolvedinthe

grantingofallequitycompensation•OverseeingthedesignandadministrationoftheCompany’s

employeebenefitplans•Overseeingtheadoptionandadministrationofkeyhuman

resourcesprocessesandprograms


CommitteeCharter:TheHumanResourceandCompensationCommittee’scurrentcharterisavailablebyfollowingthelinksto“CorporateGovernance”ontheCompany’swebsiteatwww.jacobs.comoruponwrittenrequest,asdescribedbelowunder“CorporateGovernance—AvailabilityofDocuments.”


TableofContents

CompensationCommitteeInterlocksandInsiderParticipation:Duringthelastcompletedfiscalyear,nomemberoftheCompensationCommitteewasanofficeroremployeeoftheCompany,wasaformerofficeroftheCompany,norhadarelationshipwiththeCompanyrequiringdisclosureasarelatedpartytransactionunderItem404ofRegulationS-K.NoneoftheCompany’sexecutiveofficersservedonthecompensationcommitteeorboardofdirectorsofanotherentitywhoseexecutiveofficer(s)servedasamemberoftheCompany’sBoardofDirectorsorontheCompensationCommittee.

NominatingandCorporateGovernanceCommitteeMembers:*-RobertC.Davidson,Jr.(Chair)-JuanJoséSuárezCoppel-GeneralRalphE.Eberhart-DawneS.Hickton-RobertA.McNamara+

*Eachmemberisindependent+NewmemberappointedtoCommitteeinJanuary2018

Primary responsibilities include:•IdentifyingfortheBoardofDirectorsqualifiedcandidatestoserve

asdirectorsoftheCompany•EstablishingfortheBoardcorporategovernancepolicies,

principlesandguidelines•OverseeingtheAnnualSelf-EvaluationoftheBoard•EstablishingandrecommendingtotheBoardoutsidedirector

compensation•OverseeingtheCompany’scomplianceprograms


CommitteeCharter:TheNominatingandCorporateGovernanceCommittee’scurrentcharterisavailablebyfollowingthelinksto“CorporateGovernance”ontheCompany’swebsiteatwww.jacobs.comoruponwrittenrequest,asdescribedbelowunder“CorporateGovernance—AvailabilityofDocuments.”

CorporateGovernanceGuidelines

TheCompanymonitorsdevelopmentsintheareaofcorporategovernanceandroutinelyreviewsitsprocessesandproceduresinlightofsuchdevelopments.TheCompanybelievesthatithasproceduresandpracticesinplacewhicharedesignedtoenhanceandprotecttheinterestsofitsshareholders.

TheBoardofDirectorshasapprovedCorporateGovernanceGuidelinesfortheCompany,whicharereviewedandupdatedonanannualbasis.TheCorporateGovernanceGuidelinesareavailablebyfollowingthelinksto“CorporateGovernance”ontheCompany’swebsiteatwww.jacobs.comoruponwrittenrequest,asdescribedbelowunder“CorporateGovernance—AvailabilityofDocuments.”TheCorporateGovernanceGuidelinesaddressthefollowingmatters:


✓ TheroleoftheBoardtoprovideoversight,counseling

anddirectiontotheCompany’smanagementintheinterestoftheCompanyanditsshareholders;

✓ FrequencyofmeetingsoftheBoard(5-6regularmeetingsperyear);

✓ TherequirementthattheBoardofDirectorsbecomprisedofamajorityofindependentdirectors;

✓ Guidelinesforevaluatingandnominatingdirector

nominees,includingrelevantskills,experienceanddiversity;

✓ Guidelinesfordeterminingdirectorindependence;

✓ Directorandexecutiveofficerstockownershipguidelines;

✓ Conflictsofinterests;

✓ Majorityvotinginuncontestedelectionsofdirectors;

✓ Limitsthenumberofpubliccompanyboardsonwhichnon-managementdirectorsmayservetofour;

✓ CommitteesoftheBoard,includingassignmentofdirectorstocommitteesandappointmentofcommitteechairs;

TableofContents

DirectorEducation

TheBoardrecognizestheimportanceofdirectorcontinuingeducationandiscommittedtoprovidesucheducationinordertoenhancebothBoardandCommitteeperformance.Accordingly,asnotedintheCompany’sCorporateGovernanceGuidelines,theCompanyregularlyprovidestheBoardwitheducationprograms,presentationsandbriefingsontopicsrelevanttotheCompany,itsbusinessandriskprofile.Inaddition,eachyeartheBoardengagesathird-partyprovidertohostaneducationalprogramformembersoftheBoardonmattersrelevanttotheCompanyorrelatingtodutiesandresponsibilitiesofdirectors.Directorsarealsoencouragedtoattendatleastoneoutsideeducationalprogrameachyearonanysubjectspertainingtothedirectors’responsibilitiessuchas“directors’colleges.”Additionally,newdirectorsmustparticipateintheCompany’sorientationprogramfornewdirectors.

AnnualPerformanceEvaluations

TheNominatingandCorporateGovernanceCommittee,togetherwiththeLeadIndependentDirector,coordinatesannualBoardperformanceevaluationsandperiodicindividualdirectorreviews.TheChairsofeachoftheCommitteescoordinateannualperformanceevaluationsoftheirrespectiveCommittees.

AttendanceatMeetingsoftheBoardanditsCommitteesandtheShareholderMeeting

OveralldirectorattendanceatmeetingsoftheBoardanditsCommitteeswas99%duringfiscal2018.Eachindividualdirectorattendedatleast75%ofallmeetingsoftheBoardandallCommitteesonwhichtheyserveduringfiscal2018.Boardmembersareexpectedtoattendannualmeetingsofshareholders.AllofthemembersofourBoardattendedthe2018annualmeetingofshareholders.

CodeofEthics

InadditiontotheCorporateGovernanceGuidelines,theBoardofDirectorshasadoptedthefollowingothercodes,guidelines,andpolicies:

✓ CodeofBusinessConductandEthicsforMembersoftheBoardofDirectors;

✓ CodeofEthicsfortheChiefExecutiveOfficerandSeniorFinancialOfficers;and

✓ CodeofConduct.

Thesedocuments,alongwiththeCorporateGovernanceGuidelines,serveasthefoundationfortheCompany’ssystemofcorporategovernance.Theyprovideguidanceformaintainingethicalbehavior,requirethatdirectorsandemployeescomplywithapplicablelawsandregulations,prohibitconflictsofinterest,andprovidemechanismsforreportingviolationsoftheCompany’spoliciesandprocedures.


✓ TherequirementthattheAudit,HumanResourceand

Compensation,andNominatingandCorporateGovernanceCommitteesoftheBoardofDirectorsbecomprisedentirelyofindependentdirectors;

✓ Therequirementthatdirectorsattendinpersonall

regularlyscheduledBoardandCommitteemeetingsunlessrequiredbyillnessorotherextenuatingcircumstances;

✓ ExecutivesessionsoftheBoardofDirectorswherein

non-managementdirectorsmeetasagroupwithoutthepresenceofmanagementdirectors;

✓ OrientationfornewdirectorsandcontinuingeducationforBoardmembers;

✓ Theselection,rolesandresponsibilitiesoftheChairandChiefExecutiveOfficerandtheLeadIndependentDirector;

✓ TherequirementthattheperformanceoftheChairand

ChiefExecutiveOfficerbeevaluatedannuallyandreviewedbythenon-managementdirectors;

✓ Successionplanning;

✓ AnnualBoardself-evaluation;and

✓ OthermattersuniquelygermanetotheworkandresponsibilitiesoftheBoardofDirectors.

TableofContents

IntheeventtheCompanymakesanyamendmentto,orgrantsanywaiverfrom,aprovisionofthecodeofethicsthatappliestotheprincipalexecutiveofficer,principalfinancialofficer,orprincipalaccountingofficerthatrequiresdisclosureunderapplicableSECrules,theCompanywilldisclosesuchamendmentorwaiverandthereasonsthereforeonitswebsiteatwww.jacobs.com.

StockOwnershipGuidelines

InanefforttomorecloselyaligntheCompany’snon-managementdirectors’financialinterestswiththoseofourshareholders,theBoardofDirectorshasestablishedstockownershipguidelinesfornon-managementdirectors.Undertheseguidelines,theCompany’snon-managementdirectorsareexpectedtoownequityintheCompany(includingcommonstock,restrictedstockorrestrictedstockunits)valuedataminimumoffivetimestheirannualcashretainer.Non-managementdirectorsarerestrictedfromsellinganysharesofcommonstockduringanyperiodinwhichtheyhavenotmettheseownershipguidelines.Asoftheendoffiscal2018,allnon-managementdirectorsexceededtheseguidelinesorwerewithinthefive-yearperiodfromtheirappointmentdate,atthetimeofwhichtheyareexpectedtomeettheguidelines.

Similarly,theCompanyhasestablishedstockownershipguidelinesforseniormanagement.Undertheseguidelines,theCompany’sseniormanagementisexpectedtoownequityintheCompany(includingcommonstock,restrictedstockorrestrictedstockunits,butexcludingunvestedperformanceshareunitsorunexcisedoptions)within3-5yearsofenteringtheirrespectivepositionsvaluedasfollows:

Position

MultipleofBaseSalary

ChairandCEO 6xEVP/PresidentsofLinesofBusiness 3xOtherSeniorManagement(SVPs) 2x

Membersofseniormanagementarenotrequiredtopurchasesharesofcommonstocktoreachtheapplicablethreshold,butarerestrictedfromsellinganysharesofcommonstockduringanyperiodinwhichtheyhavenotmettheseownershipguidelines.Thisrestrictiondoesnotapplytothewithholdingofsharestosatisfytaxwithholdingrequirements.Asoftheendoffiscal2018,allnamedexecutiveofficers(orNEOs)exceededtheirrespectiveguidelines.

ContactingtheBoardofDirectors

Generally—AllcommunicationsrequiredbylaworregulationtoberelayedtotheBoardofDirectorsarerelayedpromptlyafterreceiptbytheCompany.AnycommunicationsreceivedbymanagementfromshareholderswhichhavenotalsobeensentdirectlytotheBoardofDirectorswillbeprocessedasfollows:(1)iftheshareholderspecificallyrequeststhatthecommunicationbesenttotheBoard,thecommunicationwillthenbepromptlyrelayedtotheBoardofDirectors;and(2)iftheshareholderdoesnotrequestthatthecommunicationbesenttotheBoardofDirectors,thenmanagementwillpromptlyrelaytotheBoardallcommunicationsthatthemanagementoftheCompany,usingitsbestbusinessjudgment,determinesshouldberelayedtotheBoard.

ContactingtheFullBoardofDirectors—Anyshareholder,employeeorinterestedpartywhodesirestocommunicatewiththeBoardofDirectorsmaydosobywritingtoTheBoardofDirectors,c/oCorporateSecretary,JacobsEngineeringGroupInc.,1999BryanStreet,Suite1200,Dallas,Texas,75201,inanenvelopemarkedconfidential.

ContactingNon-ManagementDirectors—Anyshareholder,employeeorinterestedpartywhodesirestocommunicatewiththeCompany’snon-managementdirectorsmaydosoasfollows: ✓ ConfidentiallyoranonymouslythroughtheCompany’sIntegrityHotline,+1(844)543-8351;

✓ BywritingtoLeadIndependentDirector,c/oCorporateSecretary,JacobsEngineeringGroupInc.,1999BryanStreet,Suite1200,Dallas,Texas,75201,inanenvelopemarkedconfidential;or

✓ [email protected]. 24 |2019 Proxy Statement

TableofContents

ContactingtheAuditCommittee—Anyshareholder,employeeorinterestedpartymaysubmitatanytimeagoodfaithcomplaintregardinganyquestionableaccounting,internalaccountingcontrols,orauditingmattersconcerningtheCompanywithoutfearofdismissalorretaliationofanykind.EmployeesareencouragedtoreporttheirconcernsandcomplaintstotheCompany’sseniormanagement,totheVicePresident,InternalAudit,ortotheAuditCommitteeoftheBoardofDirectors.Confidential,anonymousreportsmaybemadeasfollows: ✓ ThroughtheCompany’sIntegrityHotline,+1(844)543-8351;

✓ BywritingtotheChairoftheAuditCommittee,c/oCorporateSecretary,JacobsEngineeringGroupInc.,1999BryanStreet,Suite1200,Dallas,Texas,75201,inanenvelopemarkedconfidential;or

✓ [email protected].

AvailabilityofDocuments

ThefulltextoftheCorporateGovernanceGuidelines,theCodeofBusinessConductandEthicsforMembersoftheBoardofDirectors,theCodeofEthicsfortheChiefExecutiveOfficerandSeniorFinancialOfficers,theCodeofConduct,theCommitteeCharters,theBoardofDirectorsGuidelinesforDeterminingtheIndependenceofitsMembers,andtheothercorporategovernancematerialsdescribedinthisProxyStatementareaccessiblebyfollowingthelinkto“CorporateGovernance”ontheCompany’swebsiteatwww.jacobs.com.

TheCompanywillfurnishwithoutchargeacopyofanyoftheforegoingdocumentstoanypersonmakingsucharequestinwritingandstatingthatheorsheisabeneficialownerofcommonstockoftheCompany.Requestsshouldbeaddressedto:JacobsEngineeringGroupInc.,1999BryanStreet,Suite1200,DallasTexas75201,Attention:CorporateSecretary.

CompensationofDirectors

Determination of Non-Employee Director Compensation

Eachyear,theBoarddeterminesnon-employeedirectorcompensationbasedupontherecommendationoftheNominatingandCorporateGovernanceCommittee.Inmakingarecommendation,theNominatingandCorporateGovernanceCommitteeconsidersmarketdatafortheCompany’speergroup,whichisthesamepeergroupusedfortheCompany’sexecutivecompensationbenchmarking,andinputfromFWCook,theindependentconsultantretainedbytheNominatingandCorporateGovernanceCommitteeregardingmarketpracticesfordirectorcompensation.

TheNominatingandCorporateGovernanceCommitteeintendstosetnon-employeedirectorcompensationlevelsatornearthemarketmedianrelativetodirectorsatcompaniesofcomparablesize,industry,andscopeofoperations.Thisensuresdirectorsarepaidcompetitivelyfortheirtime,commitmentandresponsibilities,whichenablesustoattractandretainhighlyqualifieddirectors.Duringfiscal2018,theindependentconsultantconductedareviewofdirectorcompensationlevelsrelativetotheCompany’speergroupandrecommendedcertainchangestoensuretheprogramremainsalignedwithmediancompetitivepractices,includingincreasingthecashretainerfrom$110,000to$115,000andtheannualequityvaluefrom$135,000to$150,000.TheBoardapprovedthesechangeseffectiveJanuary2018.DirectorswhoareemployeesoftheCompanyoritsaffiliatesdonotreceiveseparatecompensationfortheirboardactivities.

Additional Director Compensation for Periods of Unusually High Activity

Basedontherecommendationoftheindependentconsultant,duringfiscal2018theBoardadoptedapolicyunderwhichnon-employeedirectorsmaybecompensatedforperiodsofunusuallyhighBoardorcommitteeactivity.Theintentionofthispolicyistoprovideadditionalcompensationforperiodsofunusualactivityonlyandnotforordinarycourseofbusiness.TheCorporateGovernanceGuidelinesstatethatthenumberofregularlyscheduledBoardmeetingsperyearwillbefiveorsixandthenewpolicyprovidesthatbeginningwiththeninthmeetinginafiscalyear,theCompanywillpayanadditional$2,000specialfeeforeachadditionalmeetingtothenon-employeedirectors.IntheeventtheBoardformsaspecialcommittee,theCompanywillpaytheadditional


TableofContents

$2,000specialfeebeginningwiththefifthspecialcommitteemeeting.Duringfiscal2018,theCompanydidnotpayanyspecialfeesunderthisnewpolicy,astheBoardandallcommitteesexcepttheAuditCommitteeheldfewerthanninemeetings.

Director Compensation During Fiscal 2018

CashRetainers.TheCompanypaidnon-managementdirectorsacashretainerof$110,000peryearthroughthefirstfiscalquarterof2018and$115,000peryearthereafter.Inaddition,theLeadIndependentDirectorreceivesanadditionalcashretainerof$100,000peryear,andtheChairofeachCommitteereceivesanadditionalcashretainerof$20,000peryear.

Equity.Forfiscal2018,theBoardsettheannualequityvaluetobeawardedtonon-managementdirectorsatapproximately$150,000and,accordingly,grantedeachnon-managementdirectoranawardof2,162restrictedstockunits(“RSUs”)onJanuary18,2018.SuchgrantsweremadepursuanttotheJacobsEngineeringGroupInc.1999OutsideDirectorStockPlan,asamendedandrestated(the“1999OutsideDirectorPlan”).EachRSUgrantvestsupontheearlierof(i)thenextannualshareholdermeetingor(ii)theone-yearanniversaryofthegrantdate.IftheCompanypaysacashdividendonitsoutstandingcommonstock,RSUswillbecreditedwithcashdividendequivalentrights(“DividendEquivalents”)whicharepaidtosuchdirectoruponthevestingoftheRSUanddistributionoftheunderlyingshareofcommonstockasdescribedbelowinthesectionentitled“ExecutiveCompensation—NarrativeDisclosuretoSummaryCompensationTableandGrantsofPlanBasedAwardsTable—PaymentofDividendsandDividendEquivalentRights”.Eachdirectoralsoreceivescashdividendswithrespecttoeachoutstandingrestrictedstockaward(“RSA”)asandwhenpaidtoshareholdersofcommonstock.Additionally,non-managementdirectorsareeligibletoparticipateintheJacobsDirectorDeferralPlan,pursuanttowhicheachdirectormaydeferalloraportionofsuchdirector’scashretainerorRSUs.

ThetablebelowsetsforththecompensationearnedbyeachoftheCompany’snon-managementdirectorsduringfiscal2018.

Name

FeesEarnedorPaidinCash($)(1)

StockAwards($)(2)

OptionAwards($)(3)

AllOtherCompensation

($)(4) Total($)

JosephR.Bronson 133,750 150,021 — 5,856 289,627JuanJoséSuárezCoppel 113,750 150,021 — 1,056 264,827RobertC.Davidson,Jr. 133,750 150,021 — 8,256 292,027GeneralRalphE.Eberhart 113,750 150,021 — 1,056 264,827DawneS.Hickton 113,750 150,021 — 1,056 264,827LindaFayneLevinson 213,750 150,021 — 9,456 373,227RobertA.McNamara 113,750 150,021 — 1,056 264,827PeterJ.Robertson 133,750 150,021 — 1,056 284,827ChristopherM.T.Thompson 113,750 150,021 — 1,056 264,827BarryWilliams(5) 90,435 150,021 — — 240,456

(1)Representsfeesearnedduringfiscal2018.(2)RepresentsthegrantdatefairvalueofthegrantsofRSUsunderthe1999OutsideDirectorPlanduringfiscal2018inaccordancewithFinancialAccountingStandardsBoardAccountingStandardsCodificationTopic718,StockCompensation(“FASBASCTopic718”).TheaggregatenumberofsharesofrestrictedstockandrestrictedstockunitsoutstandingatSeptember28,2018,foreachnon-managementdirectorwasasfollows:J.Bronson—22,971;J.SuárezCoppel—7,471,R.Davidson—26,971;R.Eberhart—8,971;D.Hickton—4,471;L.FayneLevinson—28,971;R.McNamara—2,162;P.Robertson—11,971;C.Thompson—8,971;andB.Williams—2,162.(3)TheCompanyhasnotgrantedoptionstonon-managementdirectorssincefiscal2016.TheaggregatenumberofoptionsoutstandingatSeptember28,2018,foreachnon-managementdirectorwasasfollows:J.Bronson— 26 |2019 Proxy Statement

TableofContents

7,875;J.SuárezCoppel—14,500;R.Davidson—24,500;R.Eberhart—18,000;D.Hickton—7,500;L.FayneLevinson—27,000;R.McNamara—0;P.Robertson—28,500;C.Thompson—18,000;andB.Williams—0.(4)Representsdividendpaymentsonrestrictedstockawards(“RSAs”)duringfiscal2018aswellasdividendpaymentsonrestrictedstockunits(“RSUs”)thatvestedduringthefiscalyear.TheseamountsdonotincludeaccumulateddividendequivalentrightsonvestedRSUs,asapplicable,thathavenotyetbeendistributedforeachnon-managementdirectorasfollows:J.Bronson—$11,528;J.SuárezCoppel—$4,778;R.Davidson—$11,528;R.Eberhart—$6,128;D.Hickton—$2,078;L.FayneLevinson—$11,528;R.McNamara—$0;P.Robertson—$8,828;C.Thompson—$6,128;andB.Williams—$0.(5)Mr.WilliamswasappointedtotheBoardinDecember2017.

Forward-LookingStatements

ThisProxyStatementcontainsforward-lookingstatementswithinthemeaningofthePrivateSecuritiesLitigationReformActof1995.Forward-lookingstatementsarestatementsthatdonotdirectlyrelatetoanyhistoricalorcurrentfact.Whenusedherein,wordssuchas“estimates”,“intends”,and“will”andsimilarwordsareintendedtoidentifyforward-lookingstatements.Youshouldnotplaceunduerelianceontheseforward-lookingstatements.Althoughsuchstatementsarebasedonmanagement’scurrentestimatesandexpectationsand/orcurrentlyavailabledata,forward-lookingstatementsareinherentlyuncertainandinvolverisksanduncertaintiesthatcouldcauseouractualresultstodiffermateriallyfromwhatmaybeinferredfromtheforward-lookingstatements.Factorsthatcouldcauseorcontributetosuchdifferencesinclude,butarenotlimitedto,thoselistedinItem1A—RiskFactorsintheCompany’s2018AnnualReportonForm10-K.TheCompanydoesnotundertakeanyobligationtoreleasepubliclyanyrevisionsorupdatestoanyforward-lookingstatements.


TableofContents

PROPOSALNO.2—ADVISORYVOTETOAPPROVEEXECUTIVECOMPENSATION

The Board of Directors unanimously recommends that you vote FOR the advisory resolution approving the Company’s executive compensation.


Whatareyouvotingon?

AsrequiredbySection14AoftheSecuritiesExchangeActof1934,asamended,thisproposalseeksashareholderadvisoryvotetoapprovethecompensationofournamedexecutiveofficersasdisclosedpursuanttoItem402ofRegulationS-Kthroughthefollowingresolution:

“Resolved,thattheshareholdersapprove,onanadvisorybasis,thecompensationpaidtotheCompany’snamedexecutiveofficers,asdisclosedinthisProxyStatementpursuanttotheSEC’sexecutivecompensationdisclosurerules(whichincludestheCompensationDiscussionandAnalysis,theSummaryCompensationTable,andtherelatedcompensationtablesandnarrativedisclosures).”

Asanadvisoryvote,thisproposalisnotbindingontheCompany,theBoardofDirectors,ortheHumanResourceandCompensationCommittee(the“CompensationCommittee”),andwillnotbeconstruedasoverrulingadecisionbytheCompany,theBoard,ortheCompensationCommitteeorcreatingorimplyinganyadditionalfiduciarydutyfortheCompany,theBoard,ortheCompensationCommittee.However,theBoardofDirectorsandtheCompensationCommitteevaluetheopinionsthatshareholdersexpressintheirvotesandwillconsidertheoutcomeofthevotewhenmakingfuturecompensationdecisions.

Atour2017annualmeetingofshareholders,ourshareholdersapproved,onanadvisorybasis,afrequencyofeveryyearforcastingadvisoryvotesapprovingourexecutivecompensation.AftertheAnnualMeeting,ournextadvisoryvoteonexecutivecompensationwilloccuratour2020annualmeetingofshareholders.


TheapprovaloftheadvisoryresolutionontheCompany’sexecutivecompensationrequirestheaffirmativevoteofamajorityofsharesofcommonstockpresent,inpersonorbyproxy,attheAnnualMeetingandentitledtovote.Abstentionshavethesameeffectasavoteagainsttheadvisoryresolution.Brokernon-voteswillhavenoeffectoftheoutcomeoftheadvisoryvote.

TableofContents

COMPENSATIONCOMMITTEEREPORTTheHumanResourceandCompensationCommitteeoftheBoardofDirectorsreviewedanddiscussedtheCompensationDiscussionandAnalysisrequiredbyItem402(b)ofRegulationS-KwiththeCompany’smanagement.Basedonsuchreviewanddiscussion,theHumanResourceandCompensationCommitteerecommendedtotheBoardofDirectorsthattheCompensationDiscussionandAnalysisbeincludedintheProxyStatement.TheBoardhasapprovedthatrecommendation. December5,2018 PeterJ.Robertson,Chair

GeneralRalphE.EberhartJuanJoséSuárezCoppelChristopherM.T.Thompson


TableofContents

CompensationDiscussionandAnalysis(“CD&A”)ExecutiveSummary Asoneoftheworld’slargestandmostdiverseprovidersoftechnicalprofessionalandconstructionservices,weoperatewithapay-for-performancephilosophyinachallenging,highlycompetitive,andrapidlyevolvingglobalenvironment.Ournamedexecutiveofficers(“NEOs”)forfiscal2018were: Name 2018PositionMr.StevenJ.Demetriou ChairandChiefExecutiveOfficer(“CEO”)Mr.KevinC.Berryman ChiefFinancialOfficer(“CFO”)Mr.TerenceD.Hagen* President,Aerospace,Technology,EnvironmentalandNuclear(ATEN)Mr.JosephG.(“Gary”)Mandel** ExecutiveVicePresident,IntegrationManagementOfficeMr.RobertV.Pragada* President,Buildings,InfrastructureandAdvancedFacilities(BIAF)

*Mr.HagenandMr.PragadawereeachpromotedtoChiefOperatingOfficereffectiveOctober1,2018.**Mr.Mandel’spositionchangedtoSpecialAdvisortotheChairandCEOeffectiveOctober1,2018.

Howdidweperform?

✓ Our2018revenuegrew9%onaproformabasisandgrossmarginincreasedover100basispoints

✓

SuccessfulCH2Mintegration,exceedingsynergytargets

✓

GlobalcommitmenttoInclusionandDiversitytodriveshareholdervalue

✓

AnnouncedsaleofECRbusinesstofocusonhighermargin,highergrowthbusinesses

Whatdidwechangefor2018?

✓

IncreasedbasesalariesforNEOs(otherthantheCEOandCFO)between3%and5%,consistentwithmarketdatafromourpeergroupandothermarketsurveyinformation

✓

AdoptedanExecutiveSeverancePlanthatprovidesseverancebenefitstocertainkeyexecutives

✓

ImplementedvariablecompensationmetricstiedtotheachievementofcostsynergytargetsfortheNEOoverseeingtheintegrationoftheCH2Macquisition

✓

Fiscal2018equitygrantsprovideforacceleratedvestingintheeventtheholderisinvoluntarilyterminatedwithoutcausetoincentivizeseniormanagementduringperiodsofuncertaintyleadinguptotheCH2Macquisitionandsubsequentintegration

Howdowedeterminepay?

✓

DesignpayprogramstorewardexecutivesforpositiveCompanyandbusinessunitresults,mitigatematerialrisksandalignwithstockholderinterestsequity-basedlong-termincentiveawards

✓

Setpaylevelscommensuratewithperformanceandtheneedtoattractandretainhighqualitytalent

✓

Considermanyfactors,includingtheadviceoftheCompensationCommittee’sindependentcompensationconsultant,internalpayequityamongexecutivesandthealignmentoftotalpayopportunityandpayoutcomeswithperformanceandwithexternalmarketdata

HowdidwepayourNEOs?

✓ Payoutsalignedwithourfiscal2018performance

✓

BasesalariesreflecteachNEO’srole,responsibilityandexperienceandthemarketconditions

✓

Annualcashincentivepayoutsrangedfrom119%to154%oftargetbasedonachievementofCompanyandbusinessareaperformanceobjectives;twoNEOsearnedadditionalcashincentivepayoutsforperformancerelatedtotheacquisitionofCH2M

✓

Long-termequityincentivesgrantedattargetlevelsusingaportfolioofperformance-basedrestrictedstockunits(“PSUs”)andtime-basedrestrictedstockunits(“RSUs”).PSUsvestbasedonourEPSGrowthand50%basedonourROICoverathree-yearperformanceperiod

✓

Nooff-cycleequityawardsorexcessiveperquisitesforanyofourNEOs

Howdoweaddressriskandgovernance?

✓

Provideanappropriatebalanceofshort-andlong-termcompensation,withpayoutsbasedontheCompany’sachievementofcertainfinancialmetricsandspecificbusinessareaobjectives

✓

Followpracticesthatpromotegoodgovernanceandservetheinterestsofourstockholders,withmaximumpayoutcapsforannualcashincentivesandlong-termperformanceawards,andpoliciesonclawbacks,anti-pledging,anti-hedging,insidertradingandstockownership

✓

✓

Solicit“say-on-pay”shareholdervoteannuallyatshareholdermeeting

OurBoard,throughtheHumanResourceandCompensationCommittee,periodicallyconductsariskassessmentofourcompensationpoliciesandpracticeswiththeassistanceofanindependentcompensationconsultant

Whyyoushouldapprovethesay-on-payproposal

✓ Fiscal2018performancecontinuedtosupportlong-termstockholdervalue ✓ Fiscal2018incentivepayoutsforourNEOsalignedwithCompanyperformance

✓

Ourpayprogramisalignedwithstockholderinterests,emphasizingachievementofstrategicobjectivesoverthelongterm

✓

Ourpaypracticesaretiedtorobustriskmanagementandcorporategovernance


TableofContents

OurExecutiveCompensationPhilosophy

Ourvisionistoprovidesuperiorcustomervaluethroughalong-term,relationship-basedapproachandsolidreturnstoourshareholdersthroughprofitablegrowth.TheCompensationCommitteehasacompensationphilosophythatdrivesthisvisionbyattractingandretaininghighlyqualifiedemployeesandmotivatingthemtodelivervaluetoourcustomersandshareholders.Accordingly,ourexecutivecompensationprogramispay-for-performancebased,intendingto:

✓ Provideexecutiveswithbasesalarycompensationthatiscompetitivewiththemarket;

✓ RewardexecutivesforsuperiorannualCompanyperformancethroughourManagementIncentivePlan(“MIP”),ashort-termcash

incentiveprogramthatplacesasubstantialcomponentofpayatrisk,withspecificmeasuresandtargetsassignedtoeachparticipantbasedontheirroleintheCompany;and

✓ Incentivizeseniormanagementthroughtheuseoflong-termequity-basedawardsthatalignourexecutives’interestswiththoseofourshareholders.

OurExecutiveCompensationProgramandPractices

OurCompensationCommitteebelievesthatourexecutivecompensationprogramisappropriatelydesignedtoadvanceshareholderinterests.Thekeycomponentsandassociatedpurposesofourcompensationprogramareasfollows:

ComponentPurposePerformanceMetricandDescriptionShort-Term/AnnualBaseSalaryProvidesthesecurityofacompetitivefixedcashpaymentReviewedannuallybytheCompensationCommitteeandadjustedbasedoncompetitivepracticesandindividualperformanceManagementIncentivePlan("MIP")Encouragessuperiorperformanceandaccountabilitybytyingpayoutstoachievementofpre-establishedmetricsassignedtoparticipantsbasedontheirroleintheCompanyMetricsusedforfiscal2018include:"Consolidated/LineofBusinessOperatingProfit"DSO*"GMinBacklog*"AchievementofcostsynergytargetsinconnectionwiththeCH2Mintegration(foroneNEO)Long-TermPerformance-BasedRestrictedStockUnits("PSUs")Alignsinterestsofexecutiveswithlong-termshareholderinterests.RetainsexecutivesandmotivatesthemtobuildshareholdervalueoverthelifeofthegrantsForfiscal2017andfiscal2018grants,metricsused:"EarningsPerShare("EPS")Growth-focusesonprofitabilityandfinancialdisciplines"ReturnonInvestedCapital("ROIC")-alignswithourstrategybymotivatingmanagerstofocusonincreasingefficiencyandcapturingwhethermagnitudeofprofitabilityisappropriateforinvestmentsmadeMetricsforperformance-basedawardsinfiscal2016wereEPSGrowthandrelativetotalshareholderreturn("TSR")comparedtotheCompany'speergroup.Awardsvestanddistributeafterthreeyearsofperformance,ifperformancetargetsaremet.TimeBasedRestrictedStockUnits("RSUs")RetainsexecutivesandmotivatesthemtobuildshareholdervalueoverthelifeofthegrantsAwardsvestratably,generallyoverfouryears.

*Seepage38forDSOandGMinBacklogdefinitions.


TableofContents

Weremaincommittedtoexecutivecompensationpracticesthatdriveperformanceandthataligntheinterestsofourleadershipteamwiththeinterestsofourshareholders.BelowisasummaryofbestpracticesthatwehaveimplementedandpracticesweavoidwithrespecttothecompensationofourNEOs. WHATWEDO

WHATWEDONOTDO

☑ Pay-for-Performance—Asignificantmajorityofourexecutives’targetcompensationisatrisk,includingcompensationthatisstockbasedand/orperformancebased,tiedtopre-establishedperformancegoalsalignedwithourshort-andlong-termobjectives.

☒ NoTaxGross-Ups—Wedonothavetaxreimbursementsorgross-upsonseverancepayments.See“—OtherBenefitsandPolicies—Perquisites”below.

☑ CompensationRecoupmentPolicies—Wehaveaclawbackpolicythatapplieswheninaccuratefinancialstatementshaveaffectedincentiveawardpaymentstoexecutiveofficers.Thispolicyisfurtherdescribedunder“—ClawbackPolicy”below.

☒ NoPensionPlansorSpecialRetirementProgramsforExecutiveOfficers—Wedonothaveapensionplanorsupplementalretirementplanforexecutiveofficers.

☑ StockOwnershipGuidelines—OurBoardhasestablishedrobuststockownershipguidelinesapplicabletoourBoardmembersandexecutivesasdescribedunder“—StockOwnershipGuidelines”below.

☒ NoExcessivePerquisites—WedonotofferexcessiveexecutiveperquisitessuchaspersonaluseofairplanesattheCompanyexpense,Company-providedautosorautoallowances(exceptforexpatriates)orpaymentofclubdues.

☑ ThoroughCompensationBenchmarking—TheCompensationCommitteereviewspubliclyavailableinformationtoevaluatehowourNEOs’compensationcomparestothatofexecutivesincomparablepositionsatothercompaniesasdescribedunder“—AssessingCompensationCompetitiveness”below.

☒ NoSpeculativeTrading—Boardmembersandexecutiveofficersareprohibitedfromshort-sellingourstockandbuyingorsellingputsandcallsofourstock.See“—InsiderTradingandPolicyonHedgingorPledgingofStock”below.

☑ IndependentCompensationConsultant—TheCompensationCommitteebenefitsfromitsuseofanindependentcompensationconsultingfirm,whichprovidesnootherservicestotheCompany.

☒ NoHedging—Boardmembersandexecutiveofficersareprohibitedfromengaginginhedgingtransactionsthatcouldeliminateorlimittherisksandrewardsofowningourstock.See“—InsiderTradingandPolicyonHedgingorPledgingofStock”below.

☑ AnnualPay-for-PerformanceReview—Withthehelpofitsindependentcompensationconsultant,theCompensationCommitteeannuallyanalyzesthedifficultyofmeetingourperformancegoalsandthealignmentofrealizablepayandperformancetoensurethatourincentiveprogramsareworkingasintended.

☒ NoUseofJacobsStockasCollateralforMarginLoans—Boardmembersandexecutiveofficersareprohibitedfromusingourstockascollateralforanymarginloan.See“—InsiderTradingandPolicyonHedgingorPledgingofStock”below.

☑ VestingConditionsonDividendEquivalents—WeimposethesamevestingconditionsondividendequivalentsasontheunderlyingRSUs. ☑ ExecutiveSeverancePlanwith“DoubleTrigger”ChangeinControlBenefits—Recognizingtheprevalenceofseveranceplansamongourpeersandtheneedtoattractandretaintalentedexecutives,infiscal2018weadoptedanExecutiveSeverancePlanthatprovidesseverancebenefitstocertainkeyexecutivesintheeventofeither(i)aqualifyinginvoluntaryterminationofemploymentunrelatedtoachangeincontrolor(ii)aqualifyingterminationofemploymentduringthetwo-yearperiodfollowingachangeincontrol. 32 |2019 Proxy Statement

TableofContents

TheCompensationDecisionProcess

TheCompensationCommitteedirectlyretainstheservicesofindependentconsultantsandotherexpertstoassistinfulfillingitsresponsibilities.TheCompensationCommitteecurrentlyengagestheservicesofFWCook(the“IndependentConsultant”),anationalexecutivecompensationconsultingfirm,toreviewandproviderecommendationsconcerningallofthecomponentsoftheCompany’scompensationprograms.TheIndependentConsultantperformsservicesonbehalfoftheCompensationCommitteeandhasnorelationshipwiththeCompanyormanagementexceptasitmayrelatetoperformingsuchservices.theIndependentConsultantalsoadvisestheNominatingandCorporateGovernanceCommitteeonoutsidedirectorcompensation.TheCompensationCommitteehasassessedtheindependenceoftheIndependentConsultant,pursuanttotherulesoftheSECandtheNYSEandconcludedthattheIndependentConsultantisindependentandnoconflictofinterestexistswithrespecttotheservicesprovidedbytheIndependentConsultanttotheCompensationCommittee.

Duringfiscal2018,theCEOandothermembersofourseniorexecutiveteamworkedwiththeCompensationCommitteetohelpensurethatourexecutivecompensationprogramsarecompetitive,ethical,andalignedwiththeCompany’svalues.Forfiscal2018,compensationdecisionsfortheNEOs(otherthanourCEO)weremadebytheCompensationCommitteeafterconsultationwiththeCEO,andthecompensationdecisionwithrespecttoourCEOwasapprovedbythefullBoarduponrecommendationfromtheCompensationCommittee.

AssessingCompensationCompetitiveness

TheCompensationCommittee,withthehelpoftheIndependentConsultant,annuallycompareseachelementofcompensationtothatofanindustrypeergroup.Forfiscal2018,aspartofitsannualreview,theCompensationCommitteedeterminedthatthepeergroupshouldbecomprisedof(1)constructionandengineeringfirmsthataredirectcompetitorswiththeCompanyforbusinessandexecutivemanagementtalentor(2)companiesthatprovideconsultingortechnicalservicestogovernmentandlargecommercialclients.Inaddition,tobeincluded,acompanywouldneedtobegenerallywithinone-thirdtothreetimesthesizeoftheCompanyintermsofrevenueandmarketcapitalization,evaluatedannually.

Similartoprioryears,inordertoassesscompensationcompetitivenesscomparedtothepeergroup,theIndependentConsultantutilizedcomparativedatadisclosedinpubliclyavailableproxystatements,otherdocumentsfiledwiththeSEC,anddatafromacomprehensivedatabaseofpayinformationdevelopedbyWillisTowersWatsonregardingtheindustryspecificandgeneralindustrygroupinwhichtheCompanycompetesfortalent.

Thefollowingchartshowsourfiscal2018industrypeergroup,includingrelevantsizeandperformancedatatoillustratetheCompany’srelativeposition.

MostRecentlyAvailableFourQuarters($M)

Employees

MarketCapitalizationasof9/30/18($M)

Revenues

NetIncome

NorthropGrumman $26,774

Raytheon $2,398

DXCTechnology

150,000

Raytheon $58,952

Raytheon $25,959


AECOMTech

87,000


DXCTechnology $24,602


Jacobs

80,000

Hallliburton $35,662

Hallliburton $23,271

L-3Communications $889

NorthropGrumman

70,000


AECOMTech $19,706

Textron $870

Raytheon

64,000

Textron $17,754

Fluor $19,677

KBR $500

Fluor

56,706

L-3Communications $16,654

Textron $14,239

Leidos $442

Hallliburton

55,000

Jacobs $10,856

Jacobs $14,985

BoozAllenHamilton $339

SNC-Lavalin

52,448

Leidos $10,408

QuantaServices $10,162

QuantaServices $315

Textron

37,000

Fluor $8,170

Leidos $9,991

Jacobs $163

QuantaServices

32,800

SNC-Lavalin $7,153

L-3Communications $9,821

Fluor $252

EMCOR

32,000

BoozAllenHamilton $7,073

SNC-Lavalin $7,990

EMCOR $244

Leidos

31,000

AECOMTech $5,251

EMCOR $7,754

SNC-Lavalin $241

L-3Communications

31,000

QuantaServices $4,983

BoozAllenHamilton $6,296

AECOMTech $141

BoozAllenHamilton

24,639

EMCOR $4,370

KBR $4,276

Hallliburton $98

KBR

20,000

KBR $2,973

75thPercentile $22,380

$884

62,177

$24,159

Median $12,200

$390

44,724

$9,289

25thPercentile $8,448

$246

31,250

$5,707

JacobsPercentile* 50%

36%

86%

50%


TableofContents

* Percentile rank calculation includes Jacobs.Source: Standard & Poor’s Capital IQ.

Forfiscal2018,aspartofitsannualreview,theCompensationCommittee,inconsultationwiththeIndependentConsultant,addedHalliburtontothepeergroupandremovedCH2MduetoitsacquisitionbyJacobs.Forfiscal2019,theCompensationCommittee,inconsultationwiththeIndependentConsultant,maintainedthecurrentpeerselectioncriteriaandgroupsizeusedinfiscal2018.Basedonthatcriteria,CognizantTechnologySolutionsandParker-HannifinwereaddedtothepeergroupandChicagoBridge&IronwasremovedfromthepeergroupduetoitsacquisitionbyMcDermottInternational.

ShareholderEngagementandSay-on-Pay

InevaluatingtheCompany’sexecutivecompensationprogram,theCompensationCommitteeconsiderstheresultsoftheadvisoryvoteonthe“say-on-pay”proposal.AttheCompany’s2018annualmeeting,95.9%ofthevotingsharesapprovedtheproposal.ThisfollowedsimilarresultsfromtheCompany’s2017annualmeeting,where96.4%ofthevotingsharesapprovedtheproposal.TheCompensationCommitteebelievestheseresults,whichshowasignificantimprovementoverthe80.9%approvalreceivedattheCompany’s2016annualmeeting,wereduetopositivechangesmadetotheCompany’sexecutivecompensationprograminfiscal2016andcarriedforward.

MembersofexecutiveleadershipandourBoardfrequentlyengagewithshareholdersandhostopen,ongoingdialoguesaroundcorporategovernancematters,includingexecutivecompensation.Takingintoaccountthepositivesupportreceivedinboth2017and2018afterinstitutingchangestothecompensationprogramin2016,theCompensationCommitteebelievestheCompanyprovidesacompetitivepay-for-performancepackagethateffectivelyincentivizesandretainsexecutives.

CompensationElements

Duringfiscal2018,theCompensationCommitteeutilizedfindingsbytheIndependentConsultanttodeterminethattheCompany’sexecutivecompensationprogramcontinuedtobebothreasonableinrelationtocompetitivepaylevelsandappropriateinsupportingbusinessobjectivesandapositiveperformance-basedculture.Asreflectedinthechartsbelow,variable/atriskcompensationrepresentsthemajorityofthetotaltargetdirectcompensationofourCEOandotherNEOs.


TableofContents

Totaltargetdirectcompensationreferstobasesalary,short-termincentivecompensation(measuredattargetforthefiscalyear)andlong-termequityincentivecompensationbasedongrantdatefairvalues(measuredattargetforPSUsandRSUs).Indeterminingtheexecutive’soverallcompensation,theCompensationCommitteetakesintoaccounttheabsoluteandrelativevalueofeachcomponentandtheoverallmix.Aswithprioryears,theCompensationCommitteegenerallyallocatedthelong-termincentiveawardswith60%ofthevaluesasPSUsand40%ofthevaluesasRSUs.

Theabovechartsrepresentourfiscal2018totaltargetdirectcompensationarrangementsforourCEOandourotherNEOs,includingMr.Mandel’sadditionalbonusopportunitytiedtoachievingcostsynergytargetsrelatedtotheintegrationoftheCH2Macquisition,butexcludingMr.Pragada’sadditionalcashincentivepaymentreceivedinrecognitionofhisleadershiproleintheduediligenceprocess,negotiationsinconnectionwiththeCH2Macquisitionanditssuccessfulclosure,asMr.Pragada’spaymentwasaspecialcashbonusandnotpartofhisfiscal2018targetdirectcompensation.

BaseSalary

InsettingthebasesalariesofourNEOs,theCompensationCommitteeutilizesinformationprovidedbyitsIndependentConsultanttodeterminethecompetitivenessofbasesalariescomparedtotheindustrypeergroupandmarketsurveydata.

TheCompensationCommitteealsoconsidersthefactthattheCompanyprovideslimitedperquisites.ThisstemsfromtheCompensationCommittee’sbeliefthatfocusingonthethreecoreelementsofcompensation(basesalaryandshort-andlong-termincentivecompensation)resultsinamoretransparentandeasier-to-administerpaysystemandismoreconsistentwiththeCompany’sculture.Forexample,theCompany’scurrentlyavailableretirementprogramintheU.S.consistssolelyofatax-qualified401(k)planwithmatchingcontributionsandanon-qualifiedsalaryandbonus(includingequitycompensation)deferralplanthatprovidesnon-enhancedmarketreturns.Perquisitesaregenerallylimitedtofinancialplanningandannualhealthassessments.

Afterconsideringmarketdatafromourpeergroupandothermarketsurveyinformation,theCompensationCommitteedeterminedthatthebasesalariesofourCEOandCFOforfiscal2018wouldremainatthesamelevelsasfiscal2017.EffectiveDecember23,2017,Messrs.Hagen,MandelandPragadareceivedbasesalaryincreasesof3.8%,4.2%and3.6%,respectively,toreflecttheirsuccessfulperformanceinfiscal2017andincreasedjobresponsibilitiesasaresultoftheCH2Macquisition.

ThefollowingtablesetsforththebasesalariesofeachofourNEOsforfiscal2017andfiscal2018.

NamedExecutiveOfficer

Fiscal2017BaseSalary

Fiscal2018BaseSalary(1)

PercentageIncrease

StevenJ.Demetriou $1,300,000

$1,300,000 0.0%

KevinC.Berryman $750,000

$750,000 0.0%

TerenceD.Hagen $650,000

$675,000 3.8%

JosephG.Mandel $720,000

$750,000 4.2%

RobertV.Pragada $695,000

$720,000 3.6%

(1) SalaryincreaseseffectiveDecember23,2017

Short-TermIncentives

TheManagementIncentivePlan(MIP)continuestoreinforceourcommitmenttoprofitablegrowthandeffectivecashmanagementwithspecificmeasuresandtargetsassignedtoeachparticipantbasedonhisorherrespectiveroleintheorganization.Asdescribedbelow,thisplanprovidesforbonuspayoutstoeligibleemployeeswhencertainCompany-wideandbusinessunit-specifictargetgoalsareachieved.


TableofContents

Forfiscal2018,selectofficersandmanagersoftheCompany,includingtheNEOs,wereeligibletoparticipateintheMIP.Asshowninthefollowingchart,anemployee’stargetMIPawardiscalculatedbymultiplying(i)theemployee’sannualbasesalaryasofJuly1oftheapplicablefiscalyearby(ii)hisorhertargetpercentageofsalary.Anemployee’sactualMIPawardamountiscalculatedbymultiplying(i)theemployee’sannualbasesalaryasofJuly1oftheapplicablefiscalyear,by(ii)hisorhertargetpercentageofsalary,andthenby(iii)theperformanceachievementfactor.

BaseSalaryasofJuly1,

2018

X

TargetPercentageofSalary

=

2018TargetMIPAward

BaseSalaryasofJuly1,

2018

X

TargetPercentageofSalary

X

PerformanceAchievement

Factor

=

2018ActualMIPAward

Eachyear,theCompanyestablishesperformanceachievementfactorsforeachparticipantbasedonhisorherroleintheCompany.Forthoseparticipantswithexclusivelycorporatelevelresponsibilities,suchastheCEOandtheCFO,theirbonusopportunityforfiscal2018wastiedentirelytocompany-widemetrics.ForourExecutiveVicePresident,IntegrationManagementOffice,hisbonusopportunityforfiscal2018wastiedtoCompany-widemetrics,withanadditionalbonusopportunitytiedtoachievingcostsynergytargetsrelatedtotheintegrationoftheCH2Macquisition.Forthoseparticipantswhoarealignedwithabusinessunitorlineofbusiness,suchasMessrs.HagenandPragada,45%oftheirbonusopportunityforfiscal2018wastiedtotheoperatingmetricsdefinedfortheirbusinessunitorlineofbusiness,asapplicable.Theseoperationalmetricsreinforcethedirectlinkbetweeneachleader’scontributiontothesuccessoftheirbusinessunitorlineofbusinessandtheircompensation.Theremaining55%ofthoseparticipants’bonusopportunityforfiscal2018wastiedtoCompany-widemetricstoencouragecollaborationacrossbusinessunitlinestodrivetheCompany’soverallresults.Duringfiscal2018,Mr.Pragadareceivedanadditionalcashincentivepaymentinrecognitionofhisleadershiproleintheduediligenceprocess,negotiationsinconnectionwiththeCH2Macquisitionanditssuccessfulclosure.RefertotheSummaryCompensationTableforinformationonthisadditionalcashincentivepayment.

MIP Awards to CEO, the CFO and the Executive Vice President, Integration Management Office

Forfiscal2018,theCompensationCommitteeestablishedtheminimum,targetandmaximumperformancelevelsundertheMIPforMessrs.Demetriou,BerrymanandMandelbasedontheCompany-widemetricsofConsolidatedOperatingProfit,DSOandGMinBacklog.Thecorrespondingfiscal2018actualresults,performancelevels,relativeweightingandactualperformanceachievementpercentagesareshowninthechartbelow.Refertopage38fordescriptionsofhowthemetricsarecalculated.

PerformanceMetrics PerformanceLevels

2018ActualPerformanceLevel

Achievement(%ofPayout)

RelativeWeighting

(%)

2018ActualResults

Minimum(25%Payout)

Target(100%Payout)

Maximum(200%Payout)

2018ActualPerformanceAchievement(%ofTarget)

ConsolidatedOperatingProfit

$906.5M

$704M

$829M

$953M

162.3%

70%

113.6%

ConsolidatedDSO

62.5

65.3

61.3

59.3

77.5%

15%

11.6%

ConsolidatedGMinBacklog

$5,123M

$4,940M

$5,200M

$5,460M

77.8%

15%

11.7%

Total

100.0%

136.9%

ThecalculationofMessrs.Demetriou’sBerryman’sandMandel’stargetMIPawardandactualMIPawardforfiscal2018isshownbelow,basedontheirtargetpercentageofsalariesof150%,100%and100%,respectively.


BaseSalaryasofJuly1,2018

Target%

2018TargetMIPAward


Factor(%ofTarget)

2018ActualMIPAward

StevenJ.Demetriou

$1,300,000

150%

$1,950,000

136.9%

$2,669,990

KevinC.Berryman

$750,000

100%

$750,000

136.9%

$1,026,919

GaryMandel

$750,000

100%

$750,000

136.9%

$1,026,919 36 |2019 Proxy Statement

TableofContents

Additional Award to the Executive Vice President, Integration Management Office

Forfiscal2018,theCompensationCommitteealsoestablishedminimum,targetandmaximumperformancelevelsforMr.Mandel’sadditionalbonusopportunitytiedtoachievingcostsynergytargetsrelatedtotheintegrationoftheCH2Macquisition.Thecorrespondingfiscal2018actualresults,performancelevels,relativeweightingandactualperformanceachievementpercentagesareshowninthechartbelow.




RelativeWeighting

(%)

Minimum

(25%Payout) Target

(100%Payout) Maximum

(200%Payout)


CH2MNetCostSynergies

$50M

$65M

$80M

200.0%

100%

200.0%

ThecalculationofMr.Mandel’sadditionalcostsynergiesawardforfiscal2018isshownbelow.Baseduponachievingcostsynergiesofover$80millionrelatedtotheintegrationoftheCH2Macquisition,themaximumpayoutperformancelevel,hereceivedanadditionalawardof$2,000,000.


TargetCostSynergiesAward

Target%

PerformanceLevel

Achievement(%ofTarget)

2018ActualCostSynergiesAward

JosephG.Mandel

$1,000,000

100%

200%

$2,000,000

Awards to Other NEOs

InlightofMr.Hagen’soversightoftheCompany’sAerospace,Technology,EnvironmentalandNuclear(ATEN)lineofbusiness,aswellashisexecutiveroleattheCompany,theCompensationCommitteeestablishedtheminimum,targetandmaximumperformancelevelsundertheMIPforMr.Hagenforfiscal2018basedonthemetricsConsolidatedOperatingProfitandConsolidatedDSOs,aswellasOperatingProfitandGMinBacklogfortheATENlineofbusinessassetforthinthechartbelow.Thecorrespondingfiscal2018actualresults,performancelevels,relativeweightingandactualachievementpercentagesareshowninthechartbelow.




RelativeWeighting

(%)

2018ActualResults

Minimum(25%Payout)

Target(100%Payout)

Maximum(200%Payout)



$906.5M

$704M

$829M

$953M

162.3%

40%

64.9%

ATENOperatingProfit

$323.8M

$263M

$309M

$356M

131.9%

30%

39.6%

ConsolidatedDSO

62.5

65.3

61.3

59.3

77.5%

15%

11.6%

ATENGMinBacklog

$1,306M

$1,216M

$1,280M

$1,344M

140.0%

15%

21.1%

Total

100.0%

137.2%

ThecalculationofMr.Hagen’stargetMIPawardandactualMIPawardforfiscal2018isshownbelow,basedonhistargetincentivepercentageofsalaryof100%.



Target%

2018TargetMIPAward


Factor(%ofTarget)

2018ActualMIPAward

TerenceD.Hagen

$675,000

100%

$675,000

137.2%

$926,303


TableofContents

InlightofMr.Pragada’soversightoftheCompany’sBuildings,InfrastructureandAdvancedFacilities(BIAF)lineofbusiness,aswellashisexecutiveroleattheCompany,theCompensationCommitteeestablishedtheminimum,targetandmaximumperformancelevelsundertheMIPforMr.Pragadaforfiscal2018basedonthemetricsConsolidatedOperatingProfitandConsolidatedDSOs,aswellasOperatingProfitandGMinBacklogfortheBIAFlineofbusinessassetforthinthechartbelow.Thecorrespondingfiscal2018actualresults,performancelevels,relativeweightingandactualachievementpercentagesareshowninthechartbelow.




RelativeWeighting

(%)

2018ActualResults

Minimum(25%Payout)

Target(100%Payout)

Maximum(200%Payout)



$906.5M

$704M

$829M

$953M

162.3%

40%

64.9%

BIAFOperatingProfit

$505.4M

$399M

$470M

$540M

150.2%

30%

45.1%

ConsolidatedDSO

62.5

65.3

61.3

59.3

77.5%

15%

11.6%

BIAFGMinBacklog

$2,933M

$2,787M

$2,934M

$3,080M

99.5%

15%

14.9%

Total

100.0%

136.5%

ThecalculationofMr.Pragada’stargetMIPawardandactualMIPawardforfiscal2018isshownbelow,basedonhistargetincentivepercentageofsalaryof100%.InadditiontothisMIPaward,Mr.Pragadaalsoreceivedaseparatecashincentivepaymentof$300,000forhisleadershiproleintheduediligenceprocess,negotiationsinconnectionwiththeCH2Macquisitionanditssuccessfulclosure.



Target%

2018TargetMIPAward


Factor(%ofTarget)

2018ActualMIPAward

RobertV.Pragada

$720,000

100%

$720,000

136.5%

$983,118

Forpurposesofcalculatingthepayoutsforthe2018MIPawards:

• ConsolidatedOperatingProfitmeanstotalgrossmarginlessselling,generalandadministrativeexpenses(“SG&A”)oftheCompany,asadjustedforspecialitemsthatareunusual,non-recurringorotherwisenotindicativeoftheCompany’snormaloperationsandwhichwerenotanticipatedinsettingtheoriginaltargets.AnysuchadjustmentsmustbeapprovedbytheCompensationCommittee.Forexample,suchadjustmentsinclude,withoutlimitation:(i)chargesforrestructurings;(ii)gainsorlossesonthedisposalofasegmentofthebusinessorinconnectionwithdiscontinuedoperations;(iii)chargesfortheimpairmentofgoodwillorotherlong-livedassets;(iv)gains/lossesonthesaleofassets;(v)majorlitigationsettlementsand/orotherjudgments;(vi)theeffectsofchangesinaccountingprinciples,lawsorregulationsaffectingreportedresults;and(vii)costsandexpensesrelatingtoacquisitions.

• ConsolidatedDSO(DaysSalesOutstanding)meanstheaverageofthefourquartersendedSeptember28,2018of(i)accountsreceivableoftheCompanyattheendofeachquarterdividedby(ii)thedailysalesforeachquarter.

• OperatingProfitmeansforeachlineofbusiness,totalgrossmarginearnedbysuchapplicablelineofbusiness,asadjusted

forunusualornon-recurringitemsassetforthabove,lesstheSG&AfortheapplicablelineofbusinessandlessallocatedcorporateSG&Aexpenses,includingcashandequityincentivecompensation.

• GMinBacklogmeansforeachlineofbusiness,startingGrossMargininBacklogforsuchapplicablelineofbusinessas

adjustedfor(1)newawards,(2)scopeincreasesofnewandexistingwork,(3)cancellationsandcorrectionsofunderstatements/overstatements,(4)acquisitions,and(5)theforeignexchangeeffect,lesstheGrossMarginburnforthefiscalyear.GrossMargininBacklogmustfollowJacobs’backlogrulesforvariouscontracttypes.

Infiscal2018,theCompensationCommitteeuseditsdiscretiontoapproveadjustmentstothelevelsofperformancemetricresultstoreflecttheexclusionof(i)chargesassociatedwithanATENlegalmatterinitiatedin2013,(ii)benefitsassociatedwithaBIAFlegalmatterinitiatedin2009and(iii)CH2M’soperatingprofitassociatedwiththe“stubperiod”ofCH2MownershipfromthedateofacquisitiononDecember18,2017throughtheendofCH2M’sfiscalyearonDecember31,2017.

Achievingminimumperformancelevelsresultinapayoutof25%oftarget;targetperformancelevelsresultinapayoutof100%oftarget;andmaximumperformancelevelsresultinapayoutof200%oftarget.Actualawardpaymentsarecalculatedbylinearinterpolationforachievementofgoalsotherthanthosespecified. 38 |2019 Proxy Statement

TableofContents

Thepaymentofbonusesforfiscal2018totheNEOswasconditionedupontheCompanyachievingaperformancegoalof$100millionofnetearningsinanefforttobefullydeductibleasperformance-basedcompensationunderSection162(m)oftheInternalRevenueCode(the“Code”).Thisgoalwasmet,thustheparticipatingNEOsbecameentitledtoreceiveabonuspaymentequalto200%oftheirtargetbonus,subjecttothecompletediscretionoftheCompensationCommitteetoreducethebonuspaymenttoalesseramount.TheCompensationCommitteeexerciseditsdiscretiontoreducebonusamountsinaccordancewiththemethodologydescribedabove.

Equity-BasedCompensation

TheCompensationCommitteebelievesthatlong-termequityincentivesshouldcomprisethemajorityofcompensationfortheCompany’sseniormanagement,includingtheNEOs.Indecidinguponthedesignandmagnitudeoflong-termincentives,theCompensationCommitteeisguidedbyseveralfactors,includingalignmentwithshareholderinterests,easeofunderstandingbyparticipants,andretentiveness.TheCompensationCommitteealsotakesintoaccountmarketdata,informationandrecommendationsfromtheIndependentConsultant,andinformationprovidedbymanagement,includingrecommendationsbytheCEOwithrespecttothemagnitudeofequityincentivesforexecutiveofficersotherthanhimself.Otherthanoff-cycleawardsfornewhires,promotionsorretentiongrants,theCompensationCommitteegenerallyawardsequityincentivestoNEOsandseniormanagementinthefirst90daysofeachfiscalyear.

TodeterminethedollarvalueofawardstobegrantedtotheNEOsandconsistentwithitspriorprocessfordeterminingthemagnitudeofawards,theCompensationCommitteeexamineddatawithrespecttocompetitivegrantvaluesattheindustrypeergroupcompanies.ItalsoconsideredthesizeoftheawardspreviouslygrantedtotheNEOs,whichreflectedtheCompensationCommittee’spreviousevaluationofthemagnitudeofawardsconsiderednecessaryinordertoaligntheawardswithcompetitivelevels.Thedeterminationofawardlevelsinfiscal2018alsotookintoaccounttheCompensationCommittee’sreviewoftheCEO’sperformanceandthatoftheotherNEOs(andtheCEO’srecommendationswithrespecttotheotherNEOs),aswellastheCompany’soverallperformance.TheCompensationCommitteealsotookintoaccounttheincreasedjobresponsibilitiesoftheNEOsresultingfromtheacquisitionofCH2M.

Infiscal2018,ourNEOs’equity-basedcompensationconsistedofthefollowingawards,otherthanMr.Mandelwhoreceived100%ofhisfiscal2018equitygrantinRSUs:

Formsof2018Long-TermIncentiveGrants Weight

PerformanceMetricsandVestingPeriod

PerformanceBasedRestrictedStockUnits(PSUs)

60%

PerformanceMetrics:- 50%EPSGrowthoverthree-yearperiod- 50%ROICoverthree-yearperiod

Time-BasedRestrictedStockUnits(RSUs)

40%

25%annualvestingoverfour-yearperiod

Asummaryoftheequityawardsgrantedinfiscal2018toeachNEOisprovidedbelow:


GrantDate

PSUsAwarded(1)

PSUValue

Awarded

RSUsAwarded

RSUValueAwarded

TotalValue

Awarded

StevenJ.Demetriou 11/29/2017

83,296 $5,400,080 55,529

$3,599,945 $9,000,025

KevinC.Berryman 11/29/2017

18,510 $1,200,003 12,340

$800,002 $2,000,006

TerenceD.Hagen 11/29/2017

15,502 $1,004,995 10,335

$670,018 $1,675,013

JosephG.Mandel 11/29/2017

0 $0

26,223 $1,700,037 $1,700,037

RobertV.Pragada 11/29/2017

15,734 $1,020,035 10,489

$680,002 $1,700,037

(1) Representsthetargetpayoutsharesasdescribedunder“ExecutiveCompensation—2018GrantsofPlanBasedAwards”below.


TableofContents

Fiscal 2018 Equity Awards

Performance Stock Units (PSUs)

Fiscal2018PSUawardswillvest,followingathree-yearperformanceperiod(startingonthefirstdayoffiscal2018andendingonthelastdayoffiscal2020),basedonthefollowingperformancemetrics: - 50%ofthePSUswillvestbasedontheCompany’sachievementofacertainEPSGrowthRateoverathree-yearperformance

period(the“EPSBasedPSUAwards”);and - 50%ofthePSUswillvestbasedontheCompany’sachievementofacertainROICduringthesamethree-yearperformance

period(the“ROICBasedPSUAwards”).

EarningsPerShare(EPS)BasedPSUAwards:

TheCompensationCommitteebelievesthatEPSisakeyindicatorofacompany’sperformanceforshareholders.Itisthepredominantmetricusedinperformance-basedequityawardsoftheCompany’speersanditsuseisintendedtoimprovethefocusonprofitability,growthandfinancialdiscipline,whilealigningtheinterestsoftheCompany’sseniorexecutiveswiththelong-terminterestsofshareholders.

ThenumberofEPSBasedPSUAwardsthatwillvest(andthecorrespondingnumberofsharesthatwillbeissuedattheendofthethree-yearperformanceperiod)isbasedontheCompany’sEPSGrowthRatemeasuredattheendofeachoffiscal2018,2019and2020,ineachcasemeasuredfromfiscal2017EPS.Amountsarelockedinannuallybutnotdistributeduntilafterthethree-yearperformanceperiod.Thiscalculationisshowninthefollowingcharts:

1/3ofTargetEPSBased

PSUs

X

EPSGrowthPerformanceMultiplierforEPS

GrowthRateinfiscal2018overfiscal2017

=

FirstYearEPSLocked-In

AverageAdjustedEPS

Growth-FiscalYear2017-2018

EPSGrowthPerformanceMultiplier

Lessthan10.7%

0%

10.7% 50%

15.7% 100%

20.7% 200%

2/3ofTargetEPSBasedPSUs

X

EPSGrowthPerformanceMultiplierforCompoundEPSAnnualGrowthRateforfiscal2019overfiscal

2017

-

NumberofFirstYearEPSShares

Locked-In

=

SecondYearEPSSharesLocked-In

AverageAdjustedCompoundEPS



Lessthan12.1% 0%

12.1% 50%

15.6% 100%

19.1% 200%


TableofContents

TargetEPSPSUs

X

EPSGrowthPerformanceMultiplierforCompound

EPSAnnualGrowthRateforfiscal2020overfiscal2017

-

NumberofFirstYearEPSShares

Locked-InandnumberofSecondYearEPSSharesLocked-In

=

TotalnumberofSharesEarnedandtobeissued

AverageAdjustedCompoundEPS



Lessthan11.7% 0%

11.7% 50%

13.7% 100%

15.7% 200%

The“EPSGrowthPerformanceMultiplier”isdeterminedbyreferencetothetablesabovebasedupontheCompany’sEPSGrowthRateorCompoundAnnualEPSGrowthRateovertherelevantfiscalperiods.TheCompensationCommitteesetthesemetricsbasedontheCompany’splanatthetimeofgrant.

“EPS”foranyfiscalperiodiscomputedbydividingAdjustedNetEarningsbytheweightedaveragenumberofsharesoftheCompany’scommonstockoutstandingduringtheperiod.

“AdjustedNetEarnings”meansthenetearningsattributabletotheCompanyasreportedinitsconsolidatedfinancialstatementsforsuchperioddeterminedinaccordancewithGAAP(A)asmaybeadjustedtoeliminatetheeffectsof(i)costsassociatedwithrestructuringandintegrationactivities,regardlessofwhethertheCompanydisclosespubliclytheamountofsuchrestructuringandintegrationcostsorthefactthattheCompanyengagedinrestructuringandintegrationactivitiesduringtheperiodsrestructuringcostswereincurred;and(ii)gainsorlossesassociatedwithdiscontinuedoperations,asdeterminedinaccordancewithGAAP,butlimitedtothefirstreportingperiodanoperationisdeterminedtobediscontinuedandallsubsequentperiods(i.e.,therewillbenoretroactiveapplicationoftheadjustment);and(B)asadjustedforallgainsorlossesassociatedwitheventsortransactionsthattheCompensationCommitteehasdeterminedareunusualinnature,infrequentlyoccurringandotherwisenotindicativeoftheCompany’snormaloperations,andtherefore,notindicativeoftheunderlyingCompanyperformance.Forthesepurposes,sucheventsortransactionscouldinclude:(i)settlementsofclaimsandlitigation,(ii)disposalsofoperationsincludingadispositionofasignificantamountoftheCompany’sassets,(iii)lossesonsalesofinvestments,(iv)changesinlawsand/orregulations,and(v)acquisitions.

ReturnonInvestedCapital(ROIC)BasedPSUAwards:

TheCompensationCommitteebelievesthatROICisaneffectivemeansoflinkingexecutivecompensationtovaluecreationthatholdsmanagementaccountablefortheefficientuseofcapital,andhasusedthisperformancemetricforfiscal2017and2018awards.Priortofiscal2017,theCompanygrantedawardsthatvestedbasedontheCompany’stotalshareholderreturn(orTSR)comparedtothatofitspeergroupoverathree-yearperiod.


TableofContents

ThenumberofROICBasedPSUAwardsthatwillvest(andthecorrespondingnumberofsharestobeissued)isbasedontheCompany’saverageROICmeasuredattheendofthethree-yearperformanceperiod.Thecalculationisshowninthefollowingcharts:

TargetROIC

BasedAwards

X

ROICPerformance

MultiplierforROICfromfiscal2018to

fiscal2020

=

3-YearROICShares

AverageROIC-Fiscal

Year2018-2020

ROICPerformanceMultiplier

Lessthan7.8%

0%

7.8%

50%

8.8%

100%

9.8%

200%

The“ReturnonInvestedCapital”(orROIC)foranyfiscalperiodiscomputedbydividingAdjustedNetEarningsbytheaverageinvestedcapitalonthefirstdayoffiscal2018andonthelastdayoffiscal2020.Investedcapitalisthesumofequitypluslong-termdebtlesscashandcashequivalents.

“AdjustedNetEarnings”meansthenetearningsattributabletotheCompanyasreportedinitsconsolidatedfinancialstatementsforsuchperioddeterminedinaccordancewithGAAP(A)asmaybeadjustedtoeliminatetheeffectsof(i)costsassociatedwithrestructuringandintegrationactivities,regardlessofwhethertheCompanydisclosespubliclytheamountofsuchrestructuringandintegrationcostsorthefactthattheCompanyengagedinrestructuringandintegrationactivitiesduringtheperiodsrestructuringcostswereincurred;and(ii)gainsorlossesassociatedwithdiscontinuedoperations,asdeterminedinaccordancewithGAAP,butlimitedtothefirstreportingperiodanoperationisdeterminedtobediscontinuedandallsubsequentperiods(i.e.,therewillbenoretroactiveapplicationoftheadjustment);and(B)asadjustedforallgainsorlossesassociatedwitheventsortransactionsthattheCompensationCommitteehasdeterminedareunusualinnature,infrequentlyoccurringandotherwisenotindicativeoftheCompany’snormaloperations,andtherefore,notindicativeoftheunderlyingCompanyperformance.Forthesepurposes,sucheventsortransactionscouldinclude:(i)settlementsofclaimsandlitigation,(ii)disposalsofoperationsincludingadispositionofasignificantamountoftheCompany’sassets,(iii)lossesonsalesofinvestments,(iv)changesinlawsand/orregulations,and(v)acquisitions.

RestrictedStockUnit(RSU)Grants:

The2018RSUawardsvestratablyoverafour-yearperiod,otherthanRSUsgrantedtoMr.Mandel,whichvestratablyoveratwo-yearperiodduetotheshort-termnatureofMr.Mandel’sroleoverseeingtheintegrationoftheCH2Macquisition.

Vesting Provisions Applicable to Fiscal 2018 Equity Grants:

ToincentivizeseniormanagementduringperiodsofuncertaintyleadinguptotheCH2Macquisitionandsubsequentintegration,allequityawardsgrantedinfiscal2018,includingequityawardsgrantedtotheNEOs,provideforacceleratedvestingintheeventofaninvoluntarilyterminationofemploymentwithoutcauseasfollows:

FortheRSUs,uponaninvoluntaryterminationofemploymentwithoutcausepriortothefirstannualvestingdate,50%oftheRSUswillvestatthetimeofseparation,anduponaninvoluntaryterminationofemploymentwithoutcauseonorafterthefirstvestingdate,theremainingoutstandingandunvestedRSUswillvestatthetimeofseparation.ForthePSUs,uponaninvoluntaryterminationofemploymentwithoutcausepriortothefinalvestingdate,apro-ratedportionofPSUs(basedonthenumberofdaysduringtheperformanceperiodthatthe 42 |2019 Proxy Statement

TableofContents

employeewasemployedbytheCompany)shallremainoutstandingandeligibletovestbasedontheperformancevestingcriteriathroughtheendoftheapplicableperformanceperiod,andtheremainderoftheawardwillbeforfeitedatthetimeofseparationfornoconsideration.

Dividend Equivalent Rights

AllRSUawardsareentitledtoaccumulateddividendequivalentrightsthataresubjecttothesamevesting,paymentandothertermsandconditionsastheunderlyingawardtowhichthedividendequivalentrelates.Thecreditingofdividendequivalentsisintendedtotreattheequityawardholdersconsistentlywithshareholdersandpreservetheequity-basedincentivesintendedbytheCompanywhentheawardsweregranted.ThedividendequivalentspayincashuponthevestingandsettlementoftheunderlyingRSUs.

Long-Term Incentive Plan Metrics and Performance Attainment – PSU with Performance Periods Ending in Fiscal 2018

FourofourNEOsservedasexecutiveofficersoftheCompanyinfiscal2015andreceivedgrantsofPSUsatthattime:Messrs.Demetriou,Berryman,HagenandMandel(Mr.PragadawasnotemployedbytheCompanyinfiscal2015).Theseawardswerebasedonathree-yearperformanceperiodthatleveragedbothshort-andlong-termgoals.Ifcertainthresholdsofperformancewerenotattained,thennopayoutwasearnedfortheaward.TheperformancemetricsassociatedwiththesePSUswereweightedat100%NetEarningsGrowth(“NEG”),withtheperformanceperiodbeginningonthefirstdayofthethirdquarteroffiscal2015andendingonthelastdayofthesecondquarteroffiscal2018.

2015NetEarningsGrowth(NEG)BasedPSUAwards

ThemethodofcalculatingthenumberofsharesunderlyingthePSUsbasedonNEG(the“NEGBasedAwards”)grantedinfiscal2015thatvestedissummarizedbelow.

Thetotalnumberofunitsawardedaccumulatedoverthethree-yearperformanceperiodinthreesegments: • One-thirdofawardisbasedonNEGinYear1(Q3FY2015–Q2FY2016);

• One-thirdofawardisbasedonaverageNEGinYears1–2(Q3FY2015–Q2FY2017);and

• One-thirdofawardisbasedonaverageNEGinYears1–3(Q3FY2015–Q2FY2018).

Thefirsttwoyearsoftheprogramareconsidereda“lockin”period,meaningitwaspossibleto“lockin”vestingofuptotwo-thirdsofthetotalpotentialawardbasedonperformanceduringthatperiod.ThefollowingNEGperformancevestingschedulewasapprovedbytheCompensationCommitteeinfiscal2015:

AverageNEGinEachSegment

ofPerformancePeriod NEGPerformance

Multiplier

Lessthan5%

0%

5.0%

50%

10.0%

100%

15.0%

150%

20%orgreater

200%

TheNEGPerformanceMultiplierwasdeterminedbylinearinterpolationforgrowthratesbetween5%and10%,between10%and15%andbetween15%and20%.


TableofContents

ThefollowingchartsummarizestheCompany’sNEGduringtheperformanceperiodandtheresultingvestingundertheapprovedperformancecriteria:

PerformancePeriod

NetEarnings(inthousands)

CumulativeAvg.NEGGrowth

NEGPerformanceMultiplier

BaselineEarnings

Q3FY14-Q2FY15

$419,960

Year1

Q3FY15-Q2FY16

$329,915

-21.4%

0.00%

Year2

Q3FY16-Q2FY17

$366,520

-5.2%

0.00%

Year3

Q3FY17-Q2FY18

$462,469

5.3%

52.8%

TotalNEG

BasedAwardsGranted

X

3YearAvg.NEG

PerformanceMultiplier

=

52.8%ofSharestobeDistributed

AsaresultoftheNEGperformanceoverthethree-yearperformanceperiod,Messrs.Demetriou,Berryman,HagenandMandelreceived52.8%ofthesharesunderlyingtheNEGBasedAwards,asshowninthefollowingtable:

ParticipantName

VestingDate

NEGBasedAwardsGranted

%TargetEarned

SharesEarned

SharesNotEarned

StevenJ.Demetriou 06/08/2018 16,065 52.8% 8,482 7,583KevinC.Berryman 06/08/2018 9,500 52.8% 5,016 4,484TerenceD.Hagen 06/08/2018 9,500 52.8% 5,016 4,484JosephG.Mandel 06/08/2018 9,500 52.8% 5,016 4,484

Grant Process

TheCompensationCommitteehasdelegatedcertainlimitedauthoritytotheCEOtomakeequitygrantsinaccordancewiththerulesestablishedbytheCompensationCommitteefornon-executiveofficersthroughouttheyear.Assoonasadministrativelypracticableafteranewhire,promotion,orretentionwarrantsanequitygrant,theCEOreviewsandapprovestheaward.AllawardsaregrantedwhentheCEOtakesaction.TheCompensationCommitteeperiodicallyreceivesreportsoftheCEO’sactions.Infiscal2018,noawardsweremadeonadateotherthanwhentheCompensationCommitteemetorfollowingapprovalbytheCEOpursuanttodelegatedauthority.

OtherBenefitsandPolicies

BenefitsPrograms

WiththeexceptionoftheCompany’sExecutiveSeverancePlan,ExecutiveDeferralPlan(“EDP”),whichisgenerallyavailabletomostofseniormanagement,andcertainexpatriatearrangements,theCompanyprovidesexecutiveswiththesamebenefitplansofferedtoU.S.staffemployees.

401(k)Plan:Duringfiscal2018,theCEOandotherNEOswereeligibletoparticipateintheCompany’s401(k)plan,thesameplanofferedtotheCompany’sfull-timeemployeesintheUnitedStates.TheplanprovidesamatchbytheCompanyequalto50%ofthefirst6%ofeligiblepay(currently$275,000).NoneoftheNEOsparticipatedinanydefinedbenefitretirementorsupplementalretirementbenefitplan.

EmployeeStockPurchasePlans:TheCompanyhasqualifiedemployeestockpurchaseplansinwhichallemployeesmeetingcertainminimumeligibilityrequirementsincertaincountriesareeligibletoparticipate.TheCompanyadoptedasafe-harborplandesignin2006thatprovidesfora5%discountfromtheclosingpriceofashareofcommonstockattheendofeachpurchaseperiod.Thesafe-harborplanresultsinnoaccountingcosttotheCompany. 44 |2019 Proxy Statement

TableofContents

Non-qualifiedExecutiveDeferralPlan(EDP):Selectemployees,includingtheNEOs,meetingcertaincompensationminimumsmayelecttoparticipateintheCompany’sEDPwherebyaportionofsalaryandbonus(includingequitycompensation)isdeferredandpaidtotheemployeesatsomefuturedateincludinguponretirementordeath.ParticipantdeferralsarecreditedwithearningsandlossesbasedupontheactualexperienceofthedeemedinvestmentsselectedbyparticipantswithequitycompensationdeferralsgenerallybeingcreditedwithearningsandlossesbasedontheactualexperienceoftheCompany’scommonstock.See“ExecutiveCompensation—Non-qualifiedDeferredCompensation”belowforafurtherdescriptionoftheEDP.

ExecutiveSeverancePlan:Recognizingtheprevalenceofseveranceplansamongourpeersandtheneedtoattractandretaintalentedexecutives,infiscal2018theCompanyadoptedanExecutiveSeverancePlanthatprovidesseverancebenefitstocertainkeyexecutives,includingtheNEOS,designatedbytheCompensationCommitteefromtimetotimeintheeventofeither(i)aterminationofemploymentbytheCompanyotherthanforcausethatisunrelatedtoachangeofcontrolor(ii)aterminationofemploymentbytheCompanyotherthanforcauseorbytheparticipantforgoodreason,ineachcaseduringthetwo-yearperiodfollowingachangeofcontrol.

Perquisites

OurNEOsareeligibleforthesamebenefitsasthoseofferedtostaffemployees,includingrelocationbenefits.ExecutivesmayhavespousaltravelpaidforbytheCompanyonlywhenitisforanapprovedbusinesspurpose,inwhichcasearelatedtaxgross-upisprovided.NEOsarealsoprovidedwithfinancialplanningassistanceandannualhealthassessmentbenefits.

TheCompanyleasesaprivateaircrafttoallowcertainexecutiveofficers,primarilytheCEO,tosafelyandefficientlytravelforbusinesspurposesaroundtheworld.Useofaprivateaircraftprovidesaconfidentialandhighlyproductiveenvironmentforexecutiveofficerstoconductbusinesswhiletraveling.WedonotallowpersonalusageoftheprivateaircraftattheCompany’sexpense.Incidentaltravelbyfamilymembersofanexecutiveofficerinconnectionwithsuchexecutive’sbusinesstravelispermittedsolongastheexecutivereimbursestheCompanyforthecostofsuchtravel.

PaymentsUponTerminationorChangeinControl

Executive Severance Plan :Asdescribedabove,theCompanyadoptedanExecutiveSeverancePlaninfiscal2018thatprovidesthefollowingseverancebenefitstocertainkeyexecutives,includingtheNEOs(withcertainexceptionsforMr.Mandel,asdescribedbelow),intheeventofeither(i)aqualifyinginvoluntaryterminationofemploymentthatisunrelatedtoachangeincontrolor(ii)aqualifyingterminationofemploymentduringthetwo-yearperiodfollowingachangeofcontrol.Paymentsunderthisplanareconditioneduponthereceiptofacustomarywaiverandgeneralreleaseofclaimsfromtheexecutive.Inaddition,theexecutiveswillbesubjecttorestrictivecovenants,includingnon-disclosureofconfidentialinformation,non-disparagementrestrictionsand12-monthnon-competitionandnon-solicitationobligations.Paymentsunderthisplandonotincludeanytaxgross-ups.

• Non-Change in Control Severance Benefits —Intheeventofaterminationoftheparticipant’semploymentbytheCompanyotherthanforcause(asdefinedintheplan),theparticipantwillbeentitledtoreceivethefollowingbenefits:(i)acashpaymentequalto1.5times(fortheCEO)or1times(fortheotherNEOswiththeexceptionofMr.Mandelasdescribedbelow,andcoveredexecutives)thesumoftheparticipant’s(x)basesalaryand(y)targetannualincentiveaward;and(ii)acashpaymentequalto1.5times(fortheCEO)or1times(fortheotherNEOsandcoveredexecutives)thesumof(x)theannualCOBRApremiumforcontinuedparticipationintheCompany’sgrouphealthplansand(y)theannualfeeforcontinuedreceiptoffinancialadvisoryservices.Inaddition,theparticipant’sunvestedandoutstandingequityawardsthatarescheduledtovestwithintheninemonthperiodfollowingthedateofterminationwillcontinuetovestinaccordancewiththeiroriginalvestingschedule.

• Change in Control Severance Benefits —Intheeventofaterminationoftheparticipant’semploymentbytheCompanyotherthanforcauseorbytheparticipantforgoodreason(asdefinedinthePlan),ineachcasewithinthetwoyearperiodafterachangeincontrol(asdefinedintheExecutiveSeverancePlan),theparticipantwillbeentitledtoreceivethefollowingbenefits:(i)acashpaymentequalto2times(fortheCEO)or1times(fortheotherNEOsandcoveredexecutives)thesumoftheparticipant’s(x)base


TableofContents

salaryand(y)targetannualincentiveaward;and(ii)acashpaymentequaltotheparticipant’stargetannualincentiveaward,proratedbasedonthenumberofdaystheparticipantwasemployedduringthefiscalyearoftermination;and(iii)acashpaymentequalto2times(fortheCEO)or1times(fortheotherNEOsandcoveredexecutives)thesumof(x)theannualCOBRApremiumforcontinuedparticipationintheCompany’sgrouphealthplansand(y)theannualfeeforcontinuedreceiptoffinancialadvisoryservices.Intheeventsuchterminationoccurs,unvestedandoutstandingequityawardsaregovernedbytheStockIncentivePlanasdescribedbelow.

Employment Agreements :Duringfiscal2018,theCompanywaspartytoanemploymentagreementwithMr.Mandel,whichwasenteredintoinconnectionwiththecompletionofatransactionpursuanttowhichtheCompanyacquiredMr.Mandel’sformeremployer.Thisemploymentagreementprovidedforbenefitsintheeventofterminationofemploymentthatisnotinconnectionwithachangeincontrol.Underthisemploymentagreement,Mr.Mandelwasentitledtoaseverancepaymentequalto12monthsofbasesalaryandthecontinuationcostsof12monthsofCOBRApremiumsuponaterminationbytheCompanywithoutcause(asdefinedintheemploymentagreement),conditioneduponhisexecutionandnon-revocationofageneralreleaseinfavoroftheCompany.Mr.MandelparticipatedintheExecutiveSeverancePlanforbenefitsintheeventofterminationofemploymentinconnectionwithachangeincontrol,asdescribedabove.

OnNovember20,2018,theCompanyenteredintoaRetirementTransitionAgreementwithMr.Mandel.TheRetirementTransitionAgreementsupersedesandreplacesMr.Mandel’semploymentagreementwiththeCompanyandterminateshisparticipationintheExecutiveSeverancePlanforbenefitsintheeventofaterminationofemploymentinconnectionwithachangeincontrol.TheRetirementTransitionAgreement,whichcontainsageneralreleaseinfavoroftheCompany,providesthateffectiveApril1,2019,Mr.MandelwillbegintransitioningtohisretirementfromtheCompanyeffectiveDecember31,2019(the“TransitionPeriod”).DuringtheTransitionPeriod,Mr.MandelwillcontinuetoserveasaspecialadvisortoJacobs’ChiefExecutiveOfficeronamodified,full-timebasis.DuringthisTransitionPeriod,Mr.Mandelwillreceivetheequivalentof12monthsbasesalary,plushewillmaintainhishealthandwelfarebenefits.ProvidedMr.Mandelisnotinvoluntarilyterminatedwithcause,asdefinedintheRetirementTransitionAgreement,andheexecutesasupplementalgeneralreleaseagreementuponhisretirementdate,Mr.Mandelwillalsoreceiveaterminationpaymentof$250,000.TheRetirementTransitionAgreementprovidesdiscretiontotheCompanytoincreasetheterminationpaymentifdeterminedappropriatebytheCompany,initssolediscretion,basedonanevaluationoftheservicesperformedbyMr.MandelduringtheTransitionPeriod.UndertheRetirementTransitionAgreement,Mr.MandelisnoteligibletoparticipateintheCompany’sfiscal2019longtermincentiveplansorManagementIncentivePlan.

Stock Incentive Plan :Consistentwithallparticipantsinthe1999StockIncentivePlan,asamended,NEOsmaybeentitledtoproratedvestingatretirementofPSUsgrantedduringfiscal2016andthereafter.InthecaseofaparticipantwhoseemploymentisterminatedintheeventofdeathorDisability(asdefinedintheJacobsEngineeringGroupInc.1999StockIncentivePlan),thetermsofourstockoptionsandRSAandRSUgrantsprovideforacceleratedvestingwhilePSUswouldremainoutstandingandeligibletovest,withthefinaldeterminationofthepayout,ifany,generallydeterminedattheendofthethree-yearperformanceperiod.Additionally,thetermsofstockoptions,restrictedstock,RSUsandPSUsprovideforpotentialdoubletriggerequityaccelerationuponcertainterminationsfollowingaChangeinControl(asdefinedintheStockIncentivePlan)asameansoffocusingexecutiveofficersonshareholderinterestswhenconsideringstrategicalternatives.IfaChangeinControloccursandcertainoptions,restrictedstock,RSUsandPSUsarenotassumedandcontinuedbytheacquiringorsurvivingcorporationinthetransaction(oraparentcorporationthereof),thenallsuchawardswillvestimmediately,withawardsofrestrictedstockthataresubjecttoperformance-basedvestingcriteriaand/orPSUspaidatalevelbasedupontheCompany’sactualperformanceasofthedateoftheChangeinControl.

Theestimatedpaymentsandbenefitsprovidedineachofthecoveredcircumstancesmaybefoundunder“ExecutiveCompensation—CompensationUnderVariousTerminationScenarios”below.

StockOwnershipGuidelines

TheCompanyhasestablishedstockownershipguidelinesforitsexecutiveofficers.TheownershipguidelinesprovidethattheChairandCEOisexpectedtoownCompanystockvaluedatsixtimeshisannualbasesalaryandtheCFO,PresidentsofLinesofBusinessandExecutiveVicePresidentsareexpectedtoownCompanystockvaluedatthreetimestheirannualbasesalary.Otherseniorexecutives,includingSeniorVice 46 |2019 Proxy Statement

TableofContents

Presidents,areexpectedtoownCompanystockvaluedattwotimestheirannualbasesalary.Executiveofficersarerestrictedfromsellinganysharesofcommonstock(otherthanthewithholdingofsharestosatisfytaxwithholdingrequirements)duringanyperiodinwhichtheyhavenotsatisfiedtheguidelines.TheCompensationCommitteereviewseachexecutiveofficer’sholdingswithrespecttotheseownershipguidelineseachyear.Asoftheendoffiscal2018,allNEOsexceededtheirrespectiveguidelines.Seethediscussionunder“CorporateGovernance—StockOwnershipGuidelines”aboveforfurtherinformation.

InsiderTradingandPolicyonHedgingorPledgingofStock

TheCompany’sinsidertradingpolicycontainsstringentrestrictionsontransactionsinCompanystockbyexecutiveofficersanddirectors.Alltradesbyexecutiveofficersanddirectorsmustbepre-cleared.TheexecutiveofficersanddirectorsareprohibitedfromanytradinginputsorcallsofCompanystock,fromengaginginshortsalesofCompanystock,andfromhedgingorpledgingCompanystockorusingitasloancollateraloraspartofamarginaccount.

ClawbackPolicy

TheCompensationCommitteemaintainsaclawbackpolicywithrespecttoincentiveawardsgrantedtoexecutiveofficers.TheCompanyisauthorizedtorecoveraportionofincentiveawardspaidwithinthreeyearsofafinancialstatementthatisinaccurateduetomaterialnoncompliancewithanyfinancialreportingrequirementunderthesecuritieslaws.Recoveryappliestotheextentalesseramountwouldhavebeenpaidundertherestatedfinancialstatement.

TaxConsiderations

Section162(m)oftheCodelimitsdeductionsforcertainexecutivecompensationinexcessof$1,000,000inanyfiscalyear,andpriortotherecentenactmentoftheTaxCutsandJobsActof2017(the“Act”),compensationthatqualifiedas“performance-basedcompensation”underSection162(m)wasexcludedfromthislimit.TheActrepealedthis“performance-basedcompensation”exclusioneffectiveforfiscalyearsbeginningonJanuary1,2018withlimitedtransitionrelief.PriortotheAct,theCompanystructureditscompensationarrangementstopermitdeductibilityunderSection162(m)totheextentpossible,unlessthebenefitofsuchdeductibilitywasoutweighedbytheneedforflexibilityortheattainmentofothercorporateobjectivesinwhichcasetheCompensationCommitteewaspreparedtoenterintocompensationarrangementsunderwhichpaymentsmaynotbedeductibleunderSection162(m).

FollowingtheAct,theCompanywillcontinuetoconsidertaxdeductibilityasafactorindeterminingexecutivecompensationbutmaynotstructureitscompensationarrangementsarounddeductibility.TheCompanybelievesthetaxdeductionlimitationshouldnotcompromiseitsabilitytodesignandmaintainexecutivecompensationarrangementsthatwillattractandretainhighlyqualifiedemployeesandmotivatethemtodelivervaluetoourcustomersandshareholders.

CompensationRiskAssessment

Aspartofitsoversight,theCompensationCommitteeconsiderstheimpactoftheCompany’sexecutivecompensationprogram,andtheincentivescreatedbythecompensationawardsthatitadministers,ontheCompany’sriskprofile.TheCompensationCommitteealsoretainsanindependentconsultanttoconductariskassessmentoftheCompany’scompensationpoliciesandpractices.

Inaddition,theCompanyreviewsallofitscompensationpoliciesandpractices,includingincentiveplandesignandfactorsthatmayaffectthelikelihoodofexcessiverisktaking,todeterminewhethertheypresentasignificantrisktotheCompany.TheCompany’spayphilosophyprovidesaneffectivebalanceincashandequitymix,short-andlong-termperformanceperiods,financialandnon-financialperformance,andallowsfortheCompensationCommittee’sdiscretiontomakenegativeadjustmentstopayoutsundertheCompany’scompensationplans.Further,policiestomitigatecompensation-relatedriskincludestockownershipguidelines,vestingperiodsonequity,insider-tradingprohibitions,andindependentCompensationCommitteeoversight.

Basedonthisreview,bothforourexecutiveofficersandallotheremployees,theCompanyandtheindependentcompensationconsultantconcludedthattherisksarisingfromtheCompany’scompensationpoliciesandpracticesarenotreasonablylikelytohaveamaterialadverseeffectontheCompany.TheCompensationCommitteereviewedandapprovedthisconclusion.


TableofContents

EXECUTIVECOMPENSATIONSummaryCompensationTable

ThetablebelowsummarizesthetotalcompensationearnedbytheCompany’snamedexecutiveofficers(orNEOs)infiscal2018,2017and2016.

Name&PrincipalPosition

FiscalYear

Salary($)(1)

Bonus($)(2)

StockAwards($)

(3)

OptionAwards($)(4)

Non-EquityIncentivePlanCompensation

($)(5)

ChangeinPensionValueand

Non-qualifiedDeferred

CompensationEarnings($)

AllOtherCompensation

($)(6)

Total($)

StevenJ.Demetriou Chair and Chief Executive Officer

2018 1,300,000 — 9,000,025 — 2,669,990 — 73,673 13,043,688 2017 1,300,000 — 7,571,763 — 2,160,202 — 113,946 11,145,911 2016

1,300,000

—

5,252,561

1,274,661

1,575,600

—

94,591

9,497,413

KevinC.Berryman Chief Financial Officer

2018 750,000 — 2,000,006 — 1,026,919 — 52,589 3,829,514 2017 750,000 — 1,716,332 — 830,847 — 104,479 3,401,658 2016

750,000

875,000

1,313,194

318,669

606,351

—

165,831

4,029,045

TerenceD.Hagen President, Aerospace, Technology, Environmental and Nuclear (ATEN)

2018 668,269 — 1,675,013 — 926,303 — 112,164 3,381,749 2017 637,711 — 1,463,947 — 684,633 — 19,552 2,805,843 2016 620,414 425,000 1,025,914 248,958 615,290 — 68,941 3,004,517

JosephG.Mandel Executive Vice President, Integration Management Office

2018 745,388 — 1,700,037 — 3,026,919 — 186,690 5,659,035 2017 710,988 — 1,716,332 — 747,494 — 12,842 3,187,656 2016

699,996

375,000

1,313,194

318,669

337,891

—

35,507

3,080,257

RobertV.Pragada President, Buildings, Infrastructure and Advanced Facilities (BIAF)

2018 713,269 300,000 1,700,037 — 983,118 — 43,310 3,739,735 2017 684,231 350,000 1,463,947 — 925,361 — 38,151 3,461,690 2016 428,365 500,000 2,068,349 260,000 566,743 — — 3,823,457

(1) Consistsofbasesalaryearnedduringthefiscalyearincludinganytimeoffwithpay.Mr.PragadabeganemploymentwiththeCompanyon

February1,2016withastartingannualsalaryof$675,000.Infiscal2016,Mr.Pragadaearnedapro-rataportionofhissalarybasedonhisstartdate.

(2) Infiscal2018,the$300,000forMr.Pragadarepresentsabonusawardedinrecognitionofhisleadershiproleintheduediligenceprocess,negotiationsinconnectionwiththeCH2Macquisitionanditssuccessfulclosure.Infiscal2017,the$350,000forMr.Pragadarepresentsaportionofhishiringbonusinadditiontothe$500,000hereceivedinfiscal2016.Infiscal2016,Messrs.Berryman,MandelandHagenreceivedcashtransitionbonusesof$375,000,$375,000and$425,000,respectively,toensureongoingstabilityandcontinuityofleadershipduringtheCEOtransitionperiodthatbeganinfiscal2015.ForMr.Berryman,the$875,000alsoconsistsoftheportionofhishiringbonusreceivedinfiscal2016intheamountof$500,000.

(3) RepresentsthegrantdatefairvalueofstockawardsgrantedundertheStockIncentivePlaninaccordancewithFinancialAccountingStandardsBoardAccountingStandardsCodificationTopic718,StockCompensation(“FASBASCTopic718”).PleaserefertoNote2,SignificantAccountingPolicies,ofNotestoConsolidatedFinancialStatementsincludedintheCompany’s2018AnnualReportonForm10-Kforadiscussionoftheassumptionsusedtocalculatetheseamounts.Forthefiscal2018amounts,thiscolumnreflectsthecombinedvalueofRSUsandPSUsgrantedinNovember2017(exceptforMr.Mandel,whoreceivedRSUsonly).Atthehighestlevelofperformance,thevalueofsuchfiscal2018PSUsonthegrantdatewouldbe:$10,800,159forMr.Demetriou;$2,400,007forMr.Berryman;$2,009,989forMr.Hagen;and$2,040,070forMr.Pragada.Atthehighestlevelofperformance,thevalueofsuchfiscal2017PSUsonthegrantdatewouldbe:$9,000,174forMr.Demetriou;$2,040,089forMr.Berryman;$1,740,138forMr.Hagen;$2,040,089forMr.Mandel;and$1,740,138forMr.Pragada.Atthehighestlevelofperformance,thevalueofsuchfiscal2016PSUsonthegrantdatewouldbe:$6,918,816forMr.Demetriou;$1,729,742forMr.Berryman;$1,351,328forMr.Hagen;$1,729,742forMr.Mandel;and$1,407,491forMr.Pragada.

(4) Representsthegrantdatefairvalueofoptionsgranted(adjusted,however,toexcludetheeffectsofestimatedforfeitures)undertheStockIncentivePlaninaccordancewithFASBASCTopic718.PleaserefertoNote2,SignificantAccountingPolicies,ofNotestoConsolidatedFinancialStatementsincludedintheCompany’s2018AnnualReportonForm10-Kforadiscussionoftheassumptionsusedtocalculatetheseamounts.

(5) Representstheannualincentiveawardsearnedineachfiscalyear,asdeterminedbytheCompensationCommittee.AlsorepresentstheadditionalincentiveawardearnedbyMr.Mandelin2018forachievingthecostsynergytargetrelatedtotheintegrationoftheCH2Macquisition.See“CompensationDiscussionandAnalysis—CompensationElements—Short-TermIncentives”foradescriptionofnon-equityincentiveplancompensationisdeterminedfortheNEOs.


TableofContents

(6) Infiscal2018,allNEO’sreceiveda401(k)Companymatchof$7,950.Additionally,forfiscal2018,Mr.Demetrioureceived$49,611individendpaymentsonunvestedRSAsandRSUsatthetimeofvesting,$288forbasiclifeinsurancepremiumspaidforbytheCompany,$2,140forMr.Demetriou’sspouse’sportionofairfareforabusinesstripand$884fortheassociatedtaxgross-up,aswellas$16,000forfinancialplanningassistanceand$4,475foranannualhealthassessment.Forfiscal2018,Mr.Berrymanreceived$7,754individendpaymentsonunvestedRSAsandRSUsatthetimeofvesting,$1,080forbasiclifeinsurancepremiumspaidforbytheCompany,$12,299forMr.Berryman’sspouse’sportionofbusinesstravelandmealsand$4,187fortheassociatedtaxgross-upaswellas$16,000forfinancialplanningassistanceand$5,058foranannualhealthassessment.Forfiscal2018,Mr.Hagenreceived$3,457individendpaymentsonunvestedRSAsandRSUsatthetimeofvesting,$945forbasiclifeinsurancepremiumspaidforbytheCompany,$897forMr.Hagen’sspouse’sportionofbusinesstraveland$289fortheassociatedtaxgross-up,$16,000forfinancialplanningassistanceand$4,000foranannualhealthassessmentand$80,110cash-pay-outofaccruedtimeoffinexcessoftheCompany’slimit.Forfiscal2018,Mr.Mandelreceived$4,267individendpaymentsonunvestedRSAsandRSUsatthetimeofvesting,$1,037forbasiclifeinsurancepremiumspaidforbytheCompany,$16,000forfinancialplanningassistance,$752forMr.Mandel’sspouse’sportionofairfareforabusinesstripand$283fortheassociatedtaxgross-upand$75,064cash-pay-outofaccruedtimeoffinexcessoftheCompany’slimit,aswellas$83,077forsellingunusedpaidtimeoff.Forfiscal2018,Mr.Pragada,received$12,352fordividendpaymentsonunvestedRSAsandRSUsatthetimeofvesting,$1,037forbasiclifeinsurancepremiumspaidforbytheCompany,$1,904forcarrentalandinterimlivingrelatedtohisrelocationtoDallasand$716fortheassociatedtaxgross-up,and$16,000forfinancialplanningassistanceand$4,835foranannualhealthassessment.

NarrativeDisclosuretoSummaryCompensationTable

Payment of Dividends and Dividend Equivalent Rights

Infiscal2017,theCompanycommencedpayingaquarterlycashdividendof$0.15pershareandcontinuedthispolicythroughfiscal2018.HoldersofRSAsareentitledtoreceivesuchcashdividendsunlessanduntiltheholderforfeitsthesharesofcommonstockunderlyingtheRSAspursuanttothetermsoftherelevantawardagreement.

WithrespecttoRSUs,iftheCompanypaysacashdividendonitsoutstandingcommonstock,theneachholderofRSUsiscreditedwithadollaramountequalto(i)theper-sharecashdividend,multipliedby(ii)thetotalnumberofRSUsheldbysuchindividualontherecorddateforthatdividend.ThesearereferredtoasDividendEquivalents.DividendEquivalentsvestonthesamescheduleastheRSUtowhichtheyrelateandwillbepaidtotheawardholderincashatthesametimetheshareofcommonstock(or,inthecaseofcash-settledRSUs,thecash)underlyingtheRSUisdeliveredtotheawardholder.


TableofContents

2018GrantsofPlanBasedAwards

ThetablebelowsummarizesallgrantsofplanbasedawardstotheNEOsinfiscal2018:

EstimatedFuturePayoutsUnderNon-

EquityIncentivePlanAwards(1)

EstimatedFuturePayoutsUnderEquityIncentivePlanAwards(2)

AllOtherStock

Awards:NumberofSharesof

StockorUnits(#)(3)

AllOtherOptionAwards:NumberofSecuritiesUnderlyingOptions(#)

ExerciseorBasePriceofOptionAwards($/sh)

GrantDateFairValueofStockand

OptionAwards(6)

Name GrantDate

Threshold

($) Target($)

Maximum($)

Threshold(#)

Target(#)

Maximum(#)

StevenJ.Demetriou 11/29/2017 - - - - - - 55,529 - - 3,599,945 11/29/2017 - - - 20,824 41,648 (4) 83,296 (4) - - - 2,700,040 11/29/2017 - - - 20,824 41,648 (5) 83,296 (5) - - - 2,700,040 487,500

1,950,000 3,900,000

KevinC.Berryman 11/29/2017 - - - - - - 12,340 - - 800,002 11/29/2017 - - - 4,627 9,255 (4) 18,510 (4) - - - 600,002 11/29/2017 - - - 4,627 9,255 (5) 18,510 (5) - - - 600,002 187,500

750,000 1,500,000

TerenceD.Hagen 11/29/2017 - - - - - - 10,335 - - 670,018 11/29/2017 - - - 3,875 7,751 (4) 15,502 (4) - - - 502,497 11/29/2017 - - - 3,875 7,751 (5) 15,502 (5) - - - 502,497 168,750

675,000 1,350,000

JosephG.Mandel 11/29/2017 - - - - - - 26,223 - - 1,700,037 187,500 750,000 1,500,000 1,000,000

2,000,000

RobertV.Pragada 11/29/2017 - - - - - - 10,489 - - 680,002 11/29/2017 - - - 3,933 7,867 (4) 15,734 (4) - - - 510,018 11/29/2017 - - - 3,933 7,867 (5) 15,734 (5) - - - 510,018 180,000

720,000 1,440,000

(1) Amountsrepresentthe2018projectedawardundertheManagementIncentivePlan(orMIP)basedontheCompany’sinternalplanatthestartoffiscal2018.WithrespecttoMr.Mandel,theamountalsoincludesanincentivearrangementbasedonthenetcostsynergiesrelatedtotheCH2Macquisition.See“CompensationDiscussionandAnalysis—CompensationElements—Short-TermIncentives”aboveforadescriptionoftheMIPandthemannerinwhichbonusesarecomputedaswellasMr.Mandel’sadditionalincentivearrangement.

(2) Amountsrepresentthethreshold,targetandmaximumpayoutsharesofawardsofPSUsgrantedundertheStockIncentivePlaninfiscal2018. (3) RepresentstheRSUsgrantedundertheStockIncentivePlan.

(4) Representsthethreshold,targetandmaximumpayoutsharesofthegrantsoftheEPSBasedAwardsthateachNEOcouldearnundertheStockIncentivePlan.Thenumberofsharesultimatelyissued,whichcouldbegreaterorlessthantarget,willbebasedonachievingspecificperformanceconditions.Pleasereferto“CompensationDiscussionandAnalysis—CompensationElements—EquityBasedCompensation—Fiscal2018EquityAwards—EPSBasedAwards”foradiscussionofhowthenumberofsharesultimatelyissuedwillbedetermined.

(5) Representsthethreshold,targetandmaximumpayoutsharesofthegrantsoftheROICBasedAwardthateachNEOcouldearnundertheStockIncentivePlan.numberofsharesultimatelyissued,whichcouldbegreaterorlessthantarget,willbebasedonachievingspecificperformanceconditions.Pleasereferto“CompensationDiscussionandAnalysis—CompensationElements—EquityBasedCompensation—Fiscal2018EquityAwards”foradiscussionofhowthenumberofsharesultimatelyissuedwillbedetermined.

(6) RepresentsthegrantdatefairvalueofRSUsandPSUsgranted(assumingtargetlevelofshares)undertheStockIncentivePlancomputedinaccordancewithFASBASCTopic718.ThegrantdatefairvaluefortheNovember29,2017,awardwas$64.83.PleaserefertoNote2,SignificantAccountingPolicies,ofNotestoConsolidatedFinancialStatementsincludedintheCompany’s2018AnnualReportonForm10-Kforadiscussionoftheassumptionsusedtocalculatetheseamounts.See“—NarrativeDisclosuretoSummaryCompensationTableand2018GrantsofPlanBasedAwardsTable—PaymentofDividendsandDividendEquivalentRights”belowand“CompensationDiscussionandAnalysis—CompensationElements—Equity-BasedCompensation—DividendEquivalents”formoreinformationregardingDividendEquivalents.


TableofContents

OutstandingEquityAwardsofNEOsat2018FiscalYear-End

OptionAwards StockAwards

Name

NumberofSecurities

UnderlyingUnexercisedOptions(1)

OptionExercisePrice($)(2)

OptionExpiration

Date

NumberOfSharesOrUnitsOfStockThatHaveNotVested(#)(3)

MarketValueOfSharesOrUnitsOf

StockThatHaveNotVested($)(4)

EquityIncentivePlanAwards:NumberOfUnearned

Shares,UnitsOrOtherRightsThatHaveNot

Vested(#)(5)

EquityIncentivePlanAwards:

MarketOrPayoutValueOfUnearnedShares,UnitsOrOtherRightsThatHaveNotVested

(#)(6)

GrantDate

Exercisable

#

Unexercisable#

StevenJ.Demetriou 8/17/2015 76,694 25,565 43.94 8/17/2025 - 11/19/2015 49,369 49,370 42.74 11/19/2025 14,975 1,145,588 44,923 6,873,219 11/19/2015 44,923 5,154,914 11/16/2016 38,377 2,935,841 38,377 5,871,681 11/16/2016 38,377 5,871,681 11/29/2017 55,529 4,247,969 41,648 6,372,144

11/29/2017

41,648

6,372,144

KevinC.Berryman 12/30/2014 43,000 6,000 45.16 12/30/2024 - 5/28/2015 12,750 4,250 43.34 5/28/2025 11/19/2015 12,342 12,343 42.74 11/19/2025 3,744 286,416 11,231 1,718,343 11/19/2015 11,231 1,288,757 11/16/2016 8,700 665,550 8,699 1,330,947 11/16/2016 8,699 1,330,947 11/29/2017 12,340 944,010 9,255 1,416,015

11/29/2017

9,255

1,416,015

TerenceD.Hagen 5/23/2013 12,000 55.00 5/23/2023 - 5/22/2014 9,000 53.17 5/22/2024 6/8/2015 12,750 4,250 42.65 6/8/2025 11/19/2015 9,642 9,643 42.74 11/19/2025 2,925 223,763 8,774 1,342,422 11/19/2015 8,774 1,006,817 11/16/2016 7,420 567,630 7,420 1,135,260 11/16/2016 7,420 1,135,260 11/29/2017 10,335 790,628 7,751 1,185,903

11/29/2017

7,751

1,185,903

JosephG.Mandel 3/24/2011 40,000 48.56 3/24/2021 5/24/2012 36,000 37.03 5/24/2022 5/23/2013 36,000 55.00 5/23/2023 5/22/2014 24,000 53.17 5/22/2024 12/19/2014 25,000 43.25 12/19/2024 5/28/2015 12,750 4,250 43.34 5/28/2025 11/19/2015 12,342 12,343 42.74 11/19/2025 3,744 286,416 11,231 1,718,343 11/19/2015 11,231 1,288.757 11/16/2016 8,700 665,550 8,699 1,330,947 11/16/2016 8,699 1,330,947

11/29/2017

26,223

2,006,060

RobertV.Pragada 2/1/2016 10,693 10,694 39.13 2/1/2026 16,101 1,231,727 9,967 1,524,951 2/1/2016 9,967 1,143,713 11/16/2016 7,420 567,630 7,420 1,135,260 11/16/2016 7,420 1,135,260 11/29/2017 10,489 802,409 7,867 1,203,651

11/29/2017

7,867

1,203,651

(1) Allstockoptionshaveatotaltermoftenyearsfromthedateofgrantandallremainingunvestedoptiongrantsvestattherateof25%peryearbeginningonthefirstanniversaryofthegrantdate.

(2) AlloutstandingstockoptionsweregrantedundertheStockIncentivePlanwithanexercisepriceequaltotheclosingpriceofashareoftheCompany’scommonstockasquotedbytheNYSECompositePriceHistoryonthegrantdate.

(3) RepresentsthenumberofunvestedsharesofrestrictedstockandRSUsgrantedundertheStockIncentivePlan.TheRSAsandRSUsvestratablyoverfouryears,exceptfortheRSUsgrantedtoMr.Mandelin2018,whichvestratablyovertwoyears,beginningonthefirstanniversaryofthegrantdate.RSUgrantsareaccompaniedbydividendequivalentrights,thataccumulateandvestonthesamescheduleastheRSUtowhichtheyrelateandwillbepaidtotheawardholderincashatthesametimetheshareofcommonstockunderlyingtheRSUisdeliveredtotheawardholder.RSAgrantsareentitledtoreceivecashdividendsunlessanduntiltheholderforfeitsthesharesofcommonstockunderlyingtheRSAs,pursuanttothetermsoftherelevantawardagreement.


TableofContents

(4) ThemarketvalueofoutstandingawardsofrestrictedstockandRSUsiscomputedusingtheclosingpriceoftheCompany’scommonstockasquotedbytheNYSECompositePriceHistoryatSeptember28,2018,whichwas$76.50.

(5) RepresentsthenumberofunvestedtargetsharesofPSUs(TSRBasedAwards,EPSBasedAwards,andROICBasedAwards)

grantedundertheStockIncentivePlan.TheawardsofPSUsvestbasedonperformanceattheexpirationofthreeyearsfromthegrantdate.

(6) ThemarketvalueofoutstandingPSUs(TSRBasedAwards,EPSBasedAwards,NetEarningsBasedAwardsandROICBased

Awards)wascomputedbyusing$76.50,theclosingpriceoftheCompany’scommonstockasquotedbytheNYSECompositePriceHistoryatSeptember28,2018.

OptionExercisesandStockVestedinFiscal2018

Thefollowingtableprovidesinformationonstockoptionsthatwereexercisedandonrestrictedstockthatvestedinfiscal2018forourNEOs:

Name

OptionAwards StockAwards

NumberofShares

AcquiredonExercise

(#)

ValueRealizedonExercise

($)

NumberofShares

AcquiredonVesting

(#)

ValueRealizedonVesting($)(1)

StevenJ.Demetriou

-

-

81,808

5,612,869

KevinC.Berryman

-

-

33,038

2,154,600

TerenceD.Hagen

-

-

8,952

567,797

JosephG.Mandel

-

-

9,787

617,476

RobertV.Pragada

-

-

10,523

720,510

(1) ValueisbasedontheclosingpriceofashareoftheCompany’scommonstockasquotedbytheNYSECompositePriceHistoryon

thevestingdate.IncludesthevalueofdividendspaidincashrelatedtounvestedsharesofrestrictedstockandRSUsatthetimeofvesting.

Non-qualifiedDeferredCompensation

Asdescribedabove,employees,includingNEOs,meetingcertaincompensationminimumsmayelecttoparticipateintheCompany’sexecutivedeferralplans(orEDPs)wherebyaportionofsalaryandbonus(includingequitycompensation)isdeferredandpaidtotheemployeeatsomefuturedate.TheEDPsarenon-qualifieddeferredcompensationprogramsthatprovidebenefitspayabletodirectors,officers,andcertainkeyemployeesortheirdesignatedbeneficiariesatspecifiedfuturedates,anduponretirementordeath.Participantcontributionsarecreditedwithearningsandlossesbasedupontheactualexperienceofthedeemedinvestmentsselectedbyparticipants.

FortheEDPsinwhichtheNEOsparticipate(the“VariablePlans”),accountsarecredited(ordebited)basedontheactualearnings(orlosses)ofthedeemedinvestmentsselectedbytheindividualparticipants.ParticipationintheEDPsisvoluntary.AllEDPsoperateunderasingletrust.AlthoughtherearecertainchangeincontrolfeatureswithintheEDPs,nobenefitenhancementsoccuruponachangeincontrol.Theinvestmentoptionsarenotionalandusedformeasurementpurposesonly.TheNEOsdonotownanyunitsintheactualfunds.Ingeneral,theinvestmentoptionsconsistofanumberofmutualandindexfundscomprisingstocks,bonds,andmoneymarketaccounts. 52 |2019 Proxy Statement

TableofContents

ThefollowingtableshowstheEDPaccountactivityduringfiscal2018fortheNEOs.Priortofiscal2018,executiveofficerswereonlypermittedtodefersalaryandcashbonusamounts.Beginninginfiscal2018,executiveofficerscouldalsodeferequityawards.

Name

DeferredCompensation

Plan

ExecutiveContributionsDuringLastFiscalYear

($)(1)

RegistrantContributionsDuringLastFiscalYear

($)

AggregateEarningsDuringLastFiscal

Year($)(2)

AggregateWithdrawals/DistributionsDuringLastFiscalYear

($)

AggregateBalanceatLastFiscal

YearEnd($)(3)

StevenJ.Demetriou

VariablePlans

—

—

22,913

—

345,380

KevinC.Berryman

VariablePlans

82,211

—

25,920

—

454,058

TerenceD.Hagen

VariablePlans

—

—

1,052

—

45,322

JosephG.Mandel

VariablePlans

—

—

208,027

(50,331)

2,352,142

RobertV.Pragada

VariablePlans

—

—

—

—

—

(1) AllexecutivecontributionsareincludedintheSummaryCompensationTableunderthe“Salary”and“Non-EquityIncentivePlanCompensation”columns.

(2) EarningsareincludedintheSummaryCompensationTabletotheextenttheyexceed120%oftheIRSprescribedapplicablefederalrate.

(3) Balancesattheendofthefiscalyearconsistof(i)salaryandbonusdeferralsmadebytheexecutiveovertime,beginningwhenthe

executivefirstjoinedtheplan,plus(ii)allearningsandlossescreditedonalldeferrals,less(iii)allpre-retirementdistributions,ifany,takenbytheexecutivesincetheexecutivefirstjoinedtheplan.Mr.Hagen’saggregatebalanceincludesavalueof$19,296underadeferralplanthatwasnotreflectedinlastyear’sproxystatementduetoadministrativeoversight.


TableofContents

CompensationUnderVariousTerminationScenarios

ThefollowingtablequantifiestheestimatedseveranceandbenefitspayabletotheNEOsasaresultofthefollowingterminationsofemploymentinfiscal2018:(i)terminationinconnectionwithachangeincontrol,(ii)terminationduetodeathordisability,(iii)retirementapprovedbytheCompensationCommittee,and(iv)involuntaryterminationwithoutcause.

ChangeInControl($)

DeathorDisability

($)

ApprovedRetirement

($)(5)

InvoluntaryTerminationWithoutCause($)

Steven J. Demetriou Non-EquityIncentiveCompensation(1) 2,669,990 1,950,000 -UnvestedIn-The-MoneyStockOptions(2) 2,499,128 2,499,128 -UnvestedStockAwards(3) 8,329,397 8,329,397 2,123,984UnvestedPerformanceShareUnits(4) 16,036,433 32,817,190 3,520,072SeveranceBenefits(6) 8,513,514 - 6,864,635Total

38,048,461

45,595,714

12,508,692

Kevin C. Berryman Non-EquityIncentiveCompensation(1) 1,026,919 750,000 -UnvestedIn-The-MoneyStockOptions(2) 745,670 745,670 -UnvestedStockAwards(3) 1,895,976 1,895,976 472,005UnvestedPerformanceShareUnits(4) 3,858,775 7,615,265 782,229SeveranceBenefits(6) 2,280,176 - 2,280,176Total

9,807,515

11,006,911

3,534,410

Terence Hagen Non-EquityIncentiveCompensation(1) 926,303 675,000 -UnvestedIn-The-MoneyStockOptions(2) 399,635 399,635 -UnvestedStockAwards(3) 1,582,020 1,582,020 395,314UnvestedPerformanceShareUnits(4) 3,104,778 6,272,465 655,111SeveranceBenefits(6) 2,061,547 - 2,061,547Total

8,074,283

8,929,120

3,111,972

Joseph G. Mandel Non-EquityIncentiveCompensation(1) 3,026,919 1,750,000 UnvestedIn-The-MoneyStockOptions(2) 557,630 557,630 UnvestedStockAwards(3) 2,958,026 2,958,026 1,003,030UnvestedPerformanceShareUnits(4) 3,384,410 4,783,235 SeveranceandCOBRABenefits(6) 3,281,757 - 765,757Total

13,208,741

10,048,890

1,768,787

Robert V. Pragada Non-EquityIncentiveCompensation(1) 983,118 720,000 -UnvestedIn-The-MoneyStockOptions(2) 399,635 399,635 -UnvestedStockAwards(3) 2,601,765 2,601,765 401,204UnvestedPerformanceShareUnits(4) 3,376,212 6,573,449 664,916SeveranceBenefits(6) 2,196,547 - 2,196,547Total

9,557,277

10,294,849

3,262,667

(1) TheamountofunpaidincentivecompensationthatwouldbepaidasofSeptember28,2018.(2) Theamountthatwouldbeearnedrelatedtounvestedin-the-moneyoptionsasofSeptember28,2018.Valueisbasedontheclosing

priceofashareoftheCompany’scommonstockasquotedbytheNYSECompositePriceHistoryatSeptember28,2018of$76.50,minusthecostoftheoption(i.e.,theexerciseprice).

(3) TheamountthatwouldbeearnedrelatedtounvestedrestrictedstockawardsasofSeptember28,2018.ValueiscomputedbyusingtheclosingpriceofashareoftheCompany’scommonstockasquotedbytheNYSECompositePriceHistoryatSeptember28,2018of$76.50.

(4) TheamountthatwouldbeearnedrelatedtounvestedsharesofPSUsasofSeptember28,2018.Uponachangeincontrol,thetargetsharesawardedisbasedonactualperformanceasofthelastdayofthefiscalyear.Upondeathordisability,thetargetsharesawardedisbasedupontheprojectedpaymentattheendofthevestingperiod.Uponinvoluntaryterminationwithoutcause,thetargetsharesawardedisbaseduponprojectedpaymentattheendofthevestingperiodbutproratedtothelastdayofthefiscalyear.Theamountreportedisbasedonmultiplyingtherelevantperformancemultiplier(describedabove)ofeachawardbythetargetsharesawarded,multipliedbytheclosingpriceofashareoftheCompany’scommonstockasquotedbytheNYSECompositePriceHistoryatSeptember28,2018of$76.50.


TableofContents

(5) NoneoftheNEO’squalifyfor“Retirement”benefits.(6) Intheeventofaqualifyinginvoluntaryterminationofemploymentunrelatedtoachangeincontrol,allNEO’s(withtheexceptionof

Mr.Mandelwhoiscoveredbyanemploymentagreement)receivethefollowingbenefitsundertheExecutiveSeverancePlan:(i)acashpaymentequalto1.5times(fortheCEO)or1times(fortheotherNEOsandcoveredexecutives)thesumoftheparticipant’s(x)basesalaryand(y)targetannualincentiveaward;and(ii)acashpaymentequalto1.5times(fortheCEO)or1times(fortheotherNEOsandcoveredexecutives)thesumof(x)theannualCOBRApremiumforcontinuedparticipationintheCompany’sgrouphealthplansand(y)theannualfeeforcontinuedreceiptoffinancialadvisoryservices.Theirunvestedandoutstandingequityawardsthatarescheduledtovestwithintheninemonthperiodfollowingthedateofterminationwillcontinuetovestinaccordancewiththeiroriginalvestingschedule,butdonotrecognizeanyvaluefortheseatthetimeofseparation.

EquityCompensationPlanInformation

ThefollowingtablepresentscertaininformationaboutourequitycompensationplansasofSeptember28,2018:

PlanCategory

Numberofsecuritiestobeissuedupon

exerciseofoutstandingoptions,

warrants,andrights(ColumnA)

Weighted-averageexercisepriceofoutstanding

options,warrants,andrights(ColumnB)

Numberofsecuritiesremainingavailableforfutureissuance

underequitycompensationplans(excludingsecurities

reflectedinColumnA)(ColumnC)

Equitycompensationplansapprovedbyshareholders(1) 1,766,759

$45.53 5,631,371

Equitycompensationplansnotapprovedbyshareholders —

— —

Total 1,766,759

$45.53 5,631,371

(1) ThenumberinColumnAexcludespurchaserightsaccruingunderourtwo,broad-based,shareholder-approvedemployeestockpurchaseplans:theJacobsEngineeringGroupInc.1989EmployeeStockPurchasePlan,asamendedandrestated(the“ESPP”),andtheJacobsEngineeringGroupInc.GlobalEmployeeStockPurchasePlan,asamendedandrestated(the“GlobalESPP”).Theseplansgiveemployeestherighttopurchasesharesatanamountandpricethatarenotdeterminableuntiltheendofthespecifiedpurchaseperiods,whichoccurmonthly.Ourshareholdershaveauthorizedatotalof32.3millionsharesofcommonstocktobeissuedthroughtheESPPandtheGlobalESPP.FromtheinceptionoftheESPPandtheGlobalESPPthroughSeptember28,2018,atotalof28.0millionshareshavebeenissued,leaving4.3millionsharesofcommonstockavailableforfutureissuanceatthatdate.

PayRatio

ThefollowingtablesetsforththeratioofourCEO’stotalcompensationtothatofourmedianemployeeforfiscal2018.

CEOtotalannualcompensation

$13,051,363

MedianEmployeetotalannualcompensation

$82,898

RatioofCEOtoMedianEmployeetotalannualcompensation

157to1

SECrulesforidentifyingthemedianemployeeandcalculatingthepayratioallowcompaniestoadoptavarietyofmethodologies,toapplycertainexclusionsandtomakereasonableestimatesandassumptionsthatreflecttheiremployeepopulationsandcompensationpractices.Asaresult,thepayratioreportedabovemaynotbecomparabletothepayratioreportedbyothercompanies,asothercompaniesmayhaveutilizeddifferentmethodologiesandhavedifferentemploymentandcompensationpractices.ThepayratioaboveisareasonableestimatecalculatedinamannerconsistentwithSECrulesaswellasthemethodologydescribedbelow.

Todeterminethemedianemployee,weusedannualbasecompensationastheconsistentlyappliedcompensationmeasureandselectedJuly1,2018asourmeasurementdate.Forfull-time,salariedemployees,annualbasecompensationwasbasesalary,andforpart-time,temporaryandseasonalemployees,itwashourly


TableofContents

ratemultipliedbyhoursworked.Weannualizedsalariesandwagesforourfullandpart-timeemployeeswhowerenotemployedforthefullyear.Forpurposesofthisdisclosure,weusedtheU.S.dollarequivalentofthelocalcurrency,basedontheaverageexchangerateforthethreemonthsperiodendedJune30,2018foreachsuchforeigncurrency.Usingthismethodology,wedeterminedthatourmedianemployeewasafull-time,salariedemployeelocatedinCanada.Afteridentifyingthemedianemployee,wecalculatedsuchmedianemployee’stotalannualcompensationinthesamemanneraswecalculatedourCEO’stotalannualcompensationintheSummaryCompensationTableonpage48.

AspermittedbySECrules,weexcludedallnon-U.S.employeesineachofthefollowingcountriesindeterminingourmedianemployee:Argentina(355),Armenia(16),Bahrain(31),Brazil(126),China(331),Columbia(1),CostaRica(4),Denmark(6),Finland(12),France(44),Greece(2),Guatemala(4),Indonesia(43),Iraq(2),Israel(2),Italy(251),Japan(2),Kazakhstan(23),Kenya(1),Korea,Republicof(69),Kuwait(13),Liberia(2),Luxembourg(2),Malaysia(324),Mexico(300),Morocco(58),Norway(5),Oman(116),Panama(7),Peru(30),Philippines(208),Qatar(270),Romania(25),Russia(270),SaintHelena(3),SaintLucia(1),SouthAfrica(220),Spain(140),Sweden(96),Switzerland(90),Taiwan(6),Thailand(49),TrinidadandTobago(9)andUganda(1).Inaggregate,weexcludedatotalof3,570employeesfrom44countries,representinglessthan5%oftheCompany’stotalworkforceofapproximately74,750peopleonJuly1,2018. 56 |2019 Proxy Statement

TableofContents

PROPOSALNO.3—RATIFICATIONOFTHEAPPOINTMENTOFERNST&YOUNGLLP

Whatareyouvotingon?

TheAuditCommitteehasappointedErnst&YoungLLP(“Ernst&Young”or“EY”)toaudittheconsolidatedfinancialstatementsoftheCompanyasofSeptember27,2019,andforthefiscalyearthenended.AttheAnnualMeeting,shareholderswillbeaskedtoratifytheappointmentofErnst&Young.

TheAuditCommittee’sdecisiontore-appointourindependentauditorwasbasedonthefollowingconsiderations:

• Thequalityandperformanceoftheleadauditpartnerandtheoverallengagementteam;

• Ernst&Young’sknowledgeoftheindustriesandmarketsinwhichtheCompanyoperates;

• Ernst&Young’sknowledgeoftheCompany’soperations;

• Ernst&Young’sglobalcapabilitiesandtechnicalexpertise;

• Ernst&Young’sindependenceandobjectivity;and

• Thepotentialimpactofrotatingtoanotherindependentauditfirm.

TheCompanyisnotrequiredtosubmittheselectionofthe

independentregisteredpublicaccountingfirmtoshareholdersforapproval,butisdoingsoasamatterofgoodcorporategovernance.IftheappointmentofErnst&Youngisnotratifiedbyamajorityofthesharesofcommonstockpresent,inpersonorbyproxy,attheAnnualMeeting,thentheAuditCommitteewillconsidertheappointmentofotherindependentauditorswhoseselectionforanyperiodsubsequenttotheAnnualMeetingwillbesubjecttoratificationbytheshareholdersatthe2020annualmeeting.

RepresentativesofEYareexpectedtoattendtheAnnualMeeting,willhaveanopportunitytomakeastatementandareexpectedtobeavailabletorespondtoappropriatequestions.


Theaffirmativevoteofamajorityofthesharesofcommonstockpresent,inpersonorbyproxy,attheAnnualMeetingandentitledtovoteisnecessarytoratifytheappointmentofErnst&YoungastheCompany’sindependentregisteredpublicaccountingfirmforthefiscalyearendingSeptember27,2019.

Abstentionshavethesameeffectasavoteagainsttheproposal.

The Board of Directors unanimously recommends that you vote FOR the ratification of the appointment of Ernst & Young as the Company’sindependent registered public accounting firm for the fiscal year ending September 27, 2019.


TableofContents

REPORTOFTHEAUDITCOMMITTEETheAuditCommitteeherebyreportsasfollows: 1. ManagementhasprimaryresponsibilityfortheaccuracyandfairnessoftheCompany’sconsolidatedfinancialstatementsaswellas

theprocessesemployedtopreparethefinancialstatements,andthesystemofinternalcontroloverfinancialreporting.

2. TheAuditCommitteerepresentstheBoardofDirectorsindischargingitsresponsibilitiesrelatingtotheCompany’saccounting,

financialreporting,financialpractices,andsystemofinternalcontrols.Aspartofitsoversightrole,theAuditCommitteehasreviewedanddiscussedwiththeCompany’smanagementtheCompany’sauditedconsolidatedfinancialstatementsincludedinits2018AnnualReportonForm10-K.

3. TheAuditCommitteehasdiscussedwiththeCompany’sinternalauditorsandtheCompany’sindependentregisteredpublicaccountingfirm,Ernst&Young,theoverallscopeofandplansfortheirrespectiveaudits.TheAuditCommitteehasmetwiththeinternalauditorsandErnst&Young,separatelyandtogether,withandwithoutmanagementpresent,todiscusstheCompany’sfinancialreportingprocessesandsystemofinternalcontroloverfinancialreportinginadditiontothosemattersrequiredtobediscussedwiththeindependentauditorsundertherulesadoptedbythePublicCompanyAccountingOversightBoard(“PCAOB”)inRule3200T.

4. TheAuditCommitteehasreceivedthewrittendisclosuresandtheletterfromErnst&Youngrequiredbyapplicablerequirementsof

thePCAOBregardingtheindependentaccountant’scommunicationswiththeAuditCommitteeconcerningindependence,andhasdiscussedwithErnst&Youngtheirindependence.

5. TheAuditCommitteehasadoptedpre-approvalpoliciesandproceduresforcertainauditandnon-auditserviceswhichErnst&Youngprovides.Indevelopingthesepoliciesandprocedures,theAuditCommitteeconsideredtheneedtoensuretheindependenceofErnst&YoungwhilerecognizingthatincertainsituationsErnst&YoungmaypossessboththetechnicalexpertiseandknowledgeoftheCompanytobestadvisetheCompanyonissuesandmattersinadditiontoaccountingandauditing.ThepoliciesandproceduresadoptedbytheAuditCommitteeallowthegeneralpre-approvalbytheAuditCommitteeofcertainservices,suchasaudit-relatedservices(whichincludeprovidingaccountingandauditingconsultationandduediligenceservices),andtaxservices(whichincludegeneraltaxcompliance,taxresearch,andplanningservices),withoutaspecific,case-by-caseconsiderationofeachoftheservicestobeperformedbyErnst&Young.Thepoliciesandproceduresrequirethatanyotherservice,includingtheannualauditservicesandanyotherattestationservice,beexpresslyandspecificallyapprovedbytheAuditCommitteepriortosuchservicesbeingperformedbyErnst&Young.Inaddition,anyproposedservicesexceedingthegeneralpre-approvedcostlevelsorbudgetedamountsrequirespecificpre-approvalbytheAuditCommittee.TheAuditCommitteeconsiderswhetherallpre-approvedservicesareconsistentwiththeSEC’srulesandregulationsonauditorindependence.

6. Basedonthereviewanddiscussionsreferredtoinparagraphs(1)through(5)above,theAuditCommitteerecommendedtothe

BoardofDirectorsandtheBoardofDirectorshasapprovedtheinclusionoftheauditedfinancialstatementsintheCompany’sAnnualReportonForm10-KforthefiscalyearendedSeptember28,2018,forfilingwiththeSEC.

JosephR.Bronson,ChairDawneS.HicktonRobertA.McNamaraChristopherM.T.ThompsonBarryL.Williams 58 |2019 Proxy Statement

TableofContents

AUDITANDNON-AUDITFEESSetforthbelowarethefeesforservicesrenderedbyourindependentregisteredpublicaccountingfirm,Ernst&Young,forthefiscalperiodsindicated,allofwhichwereapprovedbytheAuditCommitteepursuanttotheapprovalpoliciesunder“ReportoftheAuditCommittee”describedabove.

TypeofFees

Description

2018

2017

AuditFees

ConsistoffeesforprofessionalservicesprovidedinconnectionwiththeannualauditoftheCompany’sconsolidatedfinancialstatements;thereviewsoftheCompany’squarterlyfinancialstatementsincludedintheCompany’sreportsonForm10-Q;therenderingofanopinionpursuanttoSection404oftheSarbanes-OxleyActof2002;andtheservicesthatanindependentauditorwouldcustomarilyprovideinconnectionwithauditsoftheCompany’ssubsidiaries,otherregulatoryfilings,andsimilarengagementsforeachfiscalyearshown,suchasattestservices,consents,andreviewsofdocumentsfiledwiththeSEC.

$10,652,144

$7,096,997

Audit-RelatedFees

ConsistoffeesforservicesthatarereasonablyrelatedtotheperformanceoftheauditorreviewoftheCompany’sfinancialstatementsnotreportedunder“AuditFees”above,includingfeesfortheperformanceofauditsandattestservicesnotrequiredbystatuteorregulations;auditsoftheCompany’semployeebenefitplans;duediligenceactivitiesrelatedtomergers,acquisitions,andinvestments;contractor’slicensecomplianceprocedures;andaccountingconsultationsaboutfutureaccountingstandardstobeadoptedandtheapplicationofgenerallyacceptedaccountingprinciplestoproposedtransactions.

$973,648

$1,384,492

TaxFees

Consistoffeesfortaxcompliance,taxplanning,andtaxadvice.Corporatetaxservicesprovidedencompassavarietyofpermissibleservices,includingtechnicaltaxadvicerelatedtoU.S.andinternationaltaxmatters;assistancewithforeignincomeandwithholdingtaxmatters;assistancewithsalestax,valueaddedtax,andequivalenttaxrelatedmattersinlocaljurisdictions;preparationofreportstocomplywithlocaltaxauthoritytransferpricingdocumentationrequirements;andassistancewithtaxaudits.

$2,336,522

$1,932,029

Total $13,962,314 $10,413,518

WhatourAuditCommitteeconsideredwhenengagingErnst&Youngforfiscal2019:

✓ EY’sindependenceandintegrity

✓ EY’scompetenceanditscompliancewithregulations

✓ Thebusinessacumen,value-addedbenefit,continuityandconsistency,andtechnicalandcorecompetencyprovidedbytheengagementteam

✓ TheeffectivenessofEY’sprocesses,includingitsqualitycontrol,timelinessandresponsiveness,andcommunicationandinteractionwithmanagement

✓ EY’seffortstowardefficiency,includingwithrespecttoprocessimprovementsandfees


TableofContents

SECURITYOWNERSHIPThefollowingtables,basedinpartuponinformationsuppliedbyofficersanddirectorsandcertainshareholders,setsforthcertain

informationregardingtheownershipoftheCompany’scommonstockasNovember27,2018by(1)allthosepersonsknownbytheCompanytobebeneficialownersofmorethanfivepercentoftheoutstandingsharesofcommonstock,(2)eachdirectorandnomineefordirector,(3)eachNEO,and(4)alldirectorsandexecutiveofficersoftheCompanyasagroup.Unlessotherwiseindicated,eachoftheseshareholdershassolevotingandinvestmentpowerwithrespecttothesharesbeneficiallyowned,subjecttocommunitypropertylawswhereapplicable.

SecurityOwnershipofCertainBeneficialOwners

NameandAddress

AmountandNatureofOwnershipof

BeneficialOwnership

PercentageofClass(1)

StateStreetCorporation 13,623,233(2) 9.6%StateStreetFinancialCenterOneLincolnStreetBoston,MA02111

TheVanguardGroup

12,200,143

(3)

8.6%100VanguardBlvd.Malvern,PA19355

PRIMECAPManagementCompany 8,197,422(4) 5.8%177E.ColoradoBlvd.,11thFloorPasadena,CA91105

Blackrock,Inc. 8,139,258(5) 5.7%55East52ndStreetNewYork,NY10055

(1) Calculatedbasedon142,335,347sharesofcommonstockoutstandingasoftheRecordDate. (2) BasedsolelyontheinformationsetforthinaSchedule13G/AfiledbyStateStreetonFebruary14,2018.Basedonsuchfiling,

StateStreethassharedvotingpowerwithrespecttoalloftheshares.

(3) BasedsolelyontheinformationsetforthinaSchedule13G/AfiledbyTheVanguardGroupInc.withtheSEConFebruary9,2018.

Basedonsuchfiling,TheVanguardGroupInc.hassolevotingpowerwithrespectto168,553shares,sharedvotingpowerwithrespectto26,836shares,soledispositivepowerwithrespectto12,010,364shares,andshareddispositivepowerwithrespectto189,779shares.

(4) BasedsolelyontheinformationsetforthinaSchedule13G/AfiledbyPRIMECAPManagementCompanywiththeSECon

February27,2018.Basedonsuchfiling,PRIMECAPManagementCompanyhassolevotingpowerwithrespectto4,278,038sharesandsoledispositivepowerwithrespecttoalloftheshares.

(5) BasedsolelyontheinformationsetforthinaSchedule13G/AfiledbyBlackrock,Inc.onJanuary25,2018.Basedonsuchfiling,Blackrock,Inc.hassolevotingpowerwithrespectto7,169,673sharesandsoledispositivepowerwithrespecttoalloftheshares.


TableofContents

SecurityOwnershipofDirectors,Nominees,andManagement

Name

NumberofSharesofCommonStock

NumberofSharesofCommonStock

RelatingtoUnexercised

StockOptions(1)

TotalNumberofShares

BeneficiallyOwned

PercentofClass(2)

Non-ManagementDirectors:(3)

JosephR.Bronson

29,158

5,250

34,408

*

JuanJoséSuárezCoppel

9,113

11,875

20,988

*

RobertC.Davidson,Jr.

28,618

21,875

50,493

*

GeneralRalphE.Eberhart

11,318

15,375

26,693

*

DawneS.Hickton

9,618

4,750

14,368

*

LindaFayneLevinson

48,318

24,375

72,693

*

RobertA.McNamara

4,759

0

4,759

*

PeterJ.Robertson(4)

26,318

25,875

52,193

*

ChristopherM.T.Thompson(5)

25,318

15,375

40,693

*

BarryL.Williams

23,996

0

23,996

*

NamedExecutiveOfficers:

StevenJ.Demetriou

181,386

150,748

332,134

*

KevinC.Berryman

89,733

74,263

163,996

*

TerenceD.Hagen

44,636

48,213

92,849

*

JosephG.Mandel

63,366

192,263

255,629

*

RobertV.Pragada

49,398

10,693

60,091

*

Alldirectorsandexecutiveofficersasagroup

678,569

635,986

1,314,555

*

*Lessthan1%

(1) Includesonlythoseunexercisedoptionsthatareexercisable,orwillbecomeexercisablewithin60daysoftheRecordDate.(2) Calculatedbasedon142,335,347sharesofcommonstockoutstandingasoftheRecordDateandtherelevantnumberofsharesof

commonstockissuableuponexerciseofstockoptionswhichareexercisableorwillbeexercisablewithin60daysoftheRecordDate.(3) Fornon-managementdirectors,includescommonstockthathasvestedbutwillnotdistributeuntilsuchdirectorretiresorotherwise

leavestheBoard.(4) Mr.Robertsonsharesvotinganddispositivepowerwithhisspouseasto12,000sharesthatareheldinalivingtrust.(5) Mr.Thompsonsharesvotinganddispositivepowerwithhisspouseasto10,000sharesthatareheldinalivingtrust.


TableofContents

SECTION16(a)BENEFICIALOWNERSHIPREPORTINGCOMPLIANCESection16(a)oftheExchangeActrequirestheCompany’sdirectorsandexecutiveofficersandpersonswhoownbeneficiallymore

thantenpercentofaregisteredclassoftheCompany’sequitysecuritiestofilewiththeSECandtheNYSEinitialreportsofownershipandreportsofchangesinownershipofcommonstockandotherequitysecuritiesoftheCompany.Officers,directorsandgreaterthanten-percentshareholdersarerequiredbySECregulationstofurnishtheCompanywithcopiesofallSection16(a)formsfiledbythem.

TotheCompany’sknowledge,basedsolelyonareviewofthecopiesofsuchfilingsonfilewiththeCompanyandwrittenrepresentationsfromitsdirectorsandexecutiveofficers,allSection16(a)filingrequirementsapplicabletotheCompany’sdirectors,officersandgreater-than-ten-percentbeneficialownerswerecompliedwithonatimelybasisduringfiscal2018.

EXECUTIVEOFFICERSForinformationabouttheexecutiveofficersoftheCompany,seePartI,Item1—BusinessintheCompany’s2018AnnualReporton

Form10-K.

SHAREHOLDERS’PROPOSALSOnlyshareholdersmeetingcertaincriteriaoutlinedintheCompany’sBylawsareeligibletosubmitnominationsforelectiontothe

BoardofDirectorsortobringotherproperbusinessbeforeanannualmeeting.UndertheCompany’sBylaws,shareholderswhowishtonominatepersonsforelectiontotheBoardofDirectorsorbringotherproperbusinessbeforeanannualmeetingmustgivepropernoticetotheCompanynotearlierthanthecloseofbusinessonthe120thdayandnotlaterthanthecloseofbusinessonthe90thdaypriortothefirstanniversaryoftheprecedingyear’sannualmeeting.Therefore,noticesregardingnominationsofpersonsforelectiontotheBoardofDirectorsandotherproperbusinessforconsiderationatthe2020annualmeetingofshareholdersmustbesubmittedtotheCompanynoearlierthanSeptember18,2019andnolaterthanOctober18,2019.Noticesregardingnominationsandotherproperbusinessmustincludecertaininformationconcerningthenomineeortheproposalandtheproponent’sownershipofcommonstockoftheCompany,ineachcaseassetforthintheCompany’sBylaws.Nominationsorotherproposalsnotmeetingtheserequirementswillnotbeentertainedattheannualmeeting.TheSecretaryoftheCompanyshouldbecontactedinwritingattheaddressonthefirstpageofthisProxyStatementtosubmitanominationorbringotherproperbusinessortoobtainadditionalinformationastotheproperformofanomination.

InordertobeincludedintheCompany’sProxyStatementandformofproxyrelatingtothe2020annualmeeting,proposalsofshareholdersmustbereceivedbytheSecretaryoftheCompanynolaterthanAugust7,2019.IftimelynoticeofashareholderproposalisnotreceivedbytheCompany,thentheproxiesnamedontheproxycardsdistributedbytheCompanyfortheannualmeetingmayusethediscretionaryvotingauthoritygrantedtothembytheproxycardsiftheproposalisraisedattheannualmeeting,whetherornotthereisanydiscussionofthematterintheProxyStatement.The2020annualmeetingofshareholdersiscurrentlyexpectedtobeheldonWednesday,January15,2020.

CERTAINRELATIONSHIPSANDRELATEDTRANSACTIONSTheNominatingandCorporateGovernanceCommitteeisresponsibleforthereview,approval,orratificationof“related-person

transactions”involvingtheCompanyoritssubsidiariesandrelatedpersons.UnderSECrules,arelatedpersonisadirector,executiveofficer,nomineefordirector,or5%shareholderoftheCompany,andtheirimmediatefamilymembers.TheCompanyhasadoptedwrittenpoliciesandproceduresthatapplytoanytransactionorseriesoftransactionsinwhichtheCompanyorasubsidiaryisaparticipant,inwhichtheamountinvolvedexceeds$100,000,andarelatedpersonhasadirectorindirectmaterialinterest. 62 |2019 Proxy Statement

TableofContents

TheNominatingandCorporateGovernanceCommitteehasdeterminedthateachofthefollowingtransactionsshallbedeemedtobepre-approvedundertheCompany’spoliciesandproceduresreferencedabove: • anytransactionwithanothercompanyforwhicharelatedperson’sonlyrelationshipisasanemployee(otherthanasanexecutive

officer)iftheamountinvolveddoesnotexceedthegreaterof$1millionor2%ofthatcompany’stotalannualrevenue;

• anycharitablecontribution,grant,orendowmentbytheCompanytoacharitableorganization,foundation,oruniversityforwhicha

relatedperson’sonlyrelationshipisasanemployee(otherthanasanexecutiveofficer)oradirector,iftheamountinvolveddoesnotexceedthegreaterof$1millionor2%ofthecharitableorganization’stotalannualreceipts;

• compensationtoexecutiveofficersdeterminedbytheCompensationCommittee; • compensationtodirectorsasreportedintheCompany’sproxystatement; • transactionsinwhichallsecurityholdersreceiveproportionalbenefits;and • transactionswheretheratesorchargesinvolvedaredeterminedbycompetitivebids.

Anytransactioninvolvingrelatedpersonsthatexceeds$100,000andthatdoesnotfallwithinthecategoriesdescribedaboveispresentedtotheNominatingandCorporateGovernanceCommitteeforreview.TheCommitteedetermineswhethertherelatedpersonhasadirectorindirectmaterialinterestinthetransactionandmayapprove,ratify,rescind,ortakeotheractionwithrespecttothetransactioninitsdiscretion.Indeterminingwhethertoapproveorratifythetransaction,theNominatingandCorporateGovernanceCommitteetakesintoaccount,amongotherfactorsitdeemsappropriate,whethertheinterestedtransactionisontermsnolessfavorablethantermsgenerallyavailabletoanunaffiliatedthird-partyunderthesameorsimilarcircumstancesandtheextentoftherelatedperson’sinterestinthetransaction.

HOUSEHOLDINGOFPROXYMATERIALSTheSEChasadoptedrulesthatpermitcompaniesandintermediariessuchasbrokerstosatisfydeliveryrequirementsforproxy

statementswithrespecttotwoormoreshareholderssharingthesameaddressbydeliveringasingleproxystatementaddressedtothoseshareholders.Thisprocess,whichiscommonlyreferredtoas“householding,”potentiallyprovidesextraconvenienceforshareholdersandcostsavingsforcompanies.TheCompanyandsomebrokershouseholdproxymaterials,deliveringasingleproxystatement,annualreportorNoticeofInternetAvailabilityofProxyMaterials,asapplicabletomultipleshareholderssharinganaddressunlesscontraryinstructionshavebeenreceivedfromtheaffectedshareholders.

OnceyouhavereceivednoticefromyourbrokerortheCompanythattheyortheCompanywillbehouseholdingmaterialstoyouraddress,householdingwillcontinueuntilyouarenotifiedotherwiseoruntilyouprovideuswithcontraryinstructions.If,atanytime,younolongerwishtoparticipateinhouseholdingandwouldprefertoreceiveaseparateproxystatement,annualreportorNoticeofInternetAvailabilityofProxyMaterials,asapplicable,orifyouarereceivingmultiplecopiesofsuchproxymaterialsandwishtoreceiveonlyoneset,pleasenotifyyourbrokerifyoursharesareheldinabrokerageaccountortheCompanyifyouholdcommonstockdirectly.Promptlyuponreceivingawrittenororalrequest,aseparatecopyoftheproxystatement,annualreportorNoticeofInternetAvailabilityofProxyMaterials,asapplicable,willbedeliveredtoyou.Requestsinwritingshouldbeaddressedtotheaddressbelow.Requestsmayalsobemadebycalling(214)638-0145.

JacobsEngineeringGroupInc.Attention:InvestorRelations1999BryanStreet,Suite1200

Dallas,Texas,75201


TableofContents

ANNUALREPORT,FINANCIALANDADDITIONALINFORMATIONTheCompany’sannualauditedfinancialstatementsandreviewofoperationsforfiscal2018canbefoundintheCompany’sAnnual

ReportonForm10-KforthefiscalyearendedSeptember28,2018.Acopyofthe2018Form10-KisbeingmadeavailabletoeachshareholderofrecordontheRecordDateconcurrentlywiththisProxyStatement.Youcanaccessacopyofour2018AnnualReportonForm10-KonthesecurewebsitedisclosedinboththeNoticeofInternetAvailabilityofProxyMaterialsyoureceivedandinthisProxyStatementaswellasontheCompany’swebsiteatwww.jacobs.com.TheCompanywillfurnishwithoutchargeacopyofthe2018Form10-K,includingthefinancialstatementsandanyschedulesthereto,toanypersonfollowingtheinstructionsforrequestingwrittencopiesoftheproxymaterialsassetforthintheNoticeofInternetAvailabilityofProxyMaterialsortoanypersonrequestinginwritingandstatingthatheorshewasthebeneficialowneroftheCompany’scommonstockonNovember23,2018.TheCompanywillalsofurnishcopiesofanyexhibitstothe2018Form10-Ktoeligiblepersonsrequestingexhibitsatacostof$0.50perpage,paidinadvance.TheCompanywillindicatethenumberofpagestobechargedforuponwritteninquiry.Requestsshouldbeaddressedto:

JacobsEngineeringGroupInc.Attention:InvestorRelations1999BryanStreet,Suite1200

Dallas,Texas,75201

OTHERBUSINESSTheBoardofDirectorsdoesnotintendtopresentanyotherbusinessforactionattheAnnualMeetinganddoesnotknowofanybusinessintendedtobepresentedbyothers.

MichaelR.TylerSeniorVicePresident,GeneralCounselandSecretary

Dallas,TexasDecember5,2018


TableofContents

TableofContents

TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS: E53450-P15232

KEEP THIS PORTION FOR YOUR RECORDS— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —

DETACH AND RETURN THIS PORTION ONLYTHISPROXYCARDISVALIDONLYWHENSIGNEDANDDATED.

JACOBSENGINEERINGGROUPINC.

TheBoardofDirectorsrecommendsavoteFOReachNomineeforDirectorandFORProposals2and3.

1. Election of Directors

Nominees: For

Against

Abstain

1a. Joseph R. Bronson ☐ ☐ ☐

1b. Juan José Suárez Coppel ☐ ☐ ☐ For Against Abstain

1c. Robert C. Davidson, Jr.

☐

☐

☐

2.

Advisory vote to approve the Company’s executivecompensation.

☐

☐

☐

1d. Steven J. Demetriou

☐

☐

☐

1e. General Ralph E. Eberhart

☐

☐

☐

3.

To ratify the appointment of Ernst & Young LLP asthe Company’s independent registered publicaccounting firm.

☐

☐

☐

1f. Dawne S. Hickton

☐

☐

☐

1g. Linda Fayne Levinson ☐ ☐ ☐

1h. Robert A. McNamara ☐ ☐ ☐

1i. Peter J. Robertson ☐ ☐ ☐

1j. Christopher M.T. Thompson ☐ ☐ ☐

1k. Barry L. Williams ☐ ☐ ☐

THISPROXY,WHENPROPERLYEXECUTED,WILLBEVOTEDASDIRECTEDOR,IFNODIRECTIONISGIVEN,WILLBEVOTEDFOREACHDIRECTORNOMINEEANDFORPROPOSALS2AND3.

Please sign as your name(s) appear(s) on this proxy. If held in joint tenancy, all holders must sign. Trustees, administrators, etc. should include theirtitle and authority. Corporations should provide the full name of the corporation and of the authorized officer signing this proxy.

Signature [PLEASE SIGN WITHIN BOX] Date Signature (Joint Owners) Date

JACOBS ENGINEERING GROUP INC.1999 BRYAN STREETSUITE 1200DALLAS, TX 75201

There are three ways to vote your proxy.

Your telephone or Internet vote authorizes the proxies named on the reverse side to vote theshares held in this account in the same manner as if you marked, signed and returned yourproxy card.

VOTEBYINTERNET-www.proxyvote.comUse the Internet to transmit your voting instructions and for electronic delivery of information.Vote by 11:59 p.m. Eastern Time on Tuesday, January 15, 2019 for shares held directly and by11:59 p.m. Eastern Time on Friday, January 11, 2019 for shares held in a Plan. Have yourproxy card in hand when you access the web site and follow the instructions to obtain yourrecords and to create an electronic voting instruction form.

VOTEBYPHONE-1-800-690-6903Use any touch-tone telephone to transmit your voting instructions. Vote by 11:59 p.m. EasternTime on Tuesday, January 15, 2019 for shares held directly and by 11:59 p.m. Eastern Timeon Friday, January 11, 2019 for shares held in a Plan. Have your proxy card in hand when youcall and then follow the instructions.

VOTEBYMAILMark, sign and date your proxy card and return it in the postage-paid envelope we haveprovided or return it to Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, NY11717.

ELECTRONICDELIVERYOFFUTUREPROXYMATERIALSIf you would like to reduce the costs incurred by our Company in mailing proxy materials, youcan consent to receiving all future proxy statements, proxy cards and annual reportselectronically via e-mail or the Internet. To sign up for electronic delivery, please follow theinstructions above to vote using the Internet and, when prompted, indicate that you agree toreceive or access proxy materials electronically in future years.

TableofContents

JACOBSENGINEERINGGROUPINC.ANNUALMEETINGOFSHAREHOLDERS

Wednesday,January16,20194:30PMCT

1999BryanStreetFirstFloor

Dallas,Texas75201

ImportantNoticeRegardingtheAvailabilityofProxyMaterialsfortheAnnualMeeting:The Notice and Proxy Statement and Annual Report are available at www.proxyvote.com.

— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —

E53451-P15232

JacobsEngineeringGroupInc.1999BryanStreet,Suite1200proxyDallas,Texas75201 ThisproxyissolicitedbytheBoardofDirectorsforuseattheAnnualMeetingofShareholdersonJanuary16,2019. The shares of stock held in this account will be voted as you specify on the reverse side. If no choice is specified, the proxy will be voted “FOR” the persons nominated as directors by the Board of Directors, “FOR” Proposals 2 and 3, and in thediscretion of the proxies named below with respect to any other matters that may properly come before the Annual Meeting and all adjournments andpostponements thereof. By signing the proxy, you revoke all prior proxies and appoint Steven J. Demetriou, Kevin C. Berryman and Michael R. Tyler, and each of them, as proxies,each with full power of substitution, to vote the shares held in this account on the matters shown on the reverse side and any other matters which mayproperly come before the Annual Meeting and all adjournments or postponements thereof. RetirementSavingsPlanParticipants.This card also constitutes voting instructions by the undersigned participant to the trustee of the CH2M HILLRetirement and Tax-Deferred Savings Plan (“Plan”) for all shares votable by the undersigned Plan participant. The undersigned on the reverse side of thiscard authorizes and instructs Fidelity, as trustee of the Plan (“Trustee”), to vote all shares of the common stock of Jacobs Engineering Group Inc. allocatedto the undersigned’s account under the Plan (as shown on the reverse side) at the 2019 annual meeting of shareholders, or at any adjournment thereof, inaccordance with the instructions on the reverse side. The Trustee will vote the shares credited to your account in accordance with your instructions, providedthe Trustee determines it can do so in accordance with the Employee Retirement Income Security Act of 1974 (“ERISA”). Pursuant to ERISA, the Trusteewould only be prevented from voting the shares credited to your account in accordance with your instructions if the independent fiduciary of the Plan, StateStreet Global Advisors (“SSGA”), deems that following the instructions would be a violation of the trustee’s fiduciary duties. Your voting instructions mustbe received by January 11, 2018 at 11:59 p.m. eastern time. If you do not provide voting instructions or if your instructions are not received in a timelymanner, SSGA will direct the Trustee, in SSGA’s discretion, how to vote your shares. All voting instructions for shares held in the Plan shall beconfidential.

IfyouvotebyPhoneorInternet,pleasedonotmailyourProxyCard.

Seereverseforvotinginstructions.