Bentley Systems Acquires 3D Geospatial Company Cesium Combination of Cesium Plus iTwin Offers Developers the Most Comprehensive Digital Platform for the Built and Natural Environment Press Release Example of a design review process leveraging the Cesium integration with iTwin Platform September 6, 2024 EXTON, Pa.–Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced it has acquired 3D geospatial company Cesium. Cesium is recognized as the foundational open platform for creating powerful 3D geospatial applications, and its 3D Tiles open standard has been widely adopted by leading enterprises, governments, and tens of thousands of application developers globally. Cesium ion, the company’s SaaS platform, brings 3D geospatial experiences to more than 1 million active devices every month, while Cesium’s open-source offerings have more than 10 million downloads. Bentley’s iTwin Platform powers digital twin solutions that are used by engineering and construction firms and owner-operators to design, build, and operate the world’s infrastructure. The combination of Cesium plus iTwin enables developers to seamlessly align 3D geospatial data with engineering, subsurface, IoT, reality, and enterprise data to create digital twins with astonishing user experiences that scale from vast infrastructure networks to the millimeter-accurate details of individual assets—viewed from land, sky, and

Bentley Systems, Incorporated Declares Third Quarter 2024 Dividend Press Release September 5, 2024 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that its Board of Directors declared a $0.06 per share dividend for the third quarter of 2024. The cash dividend is payable on September 26, 2024, to all stockholders of record of Class A and Class B common stock as of the close of business on September 17, 2024. About Bentley Systems Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings, powered by the iTwin Platform for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequent’s software for geoprofessionals, and Bentley Infrastructure Cloud encompassing ProjectWise for project delivery, SYNCHRO for construction management, and AssetWise for asset operations. Bentley Systems’ 5,200 colleagues generate annual revenues of more than

Bentley Systems Announces the Finalists of the 2024 Going Digital Awards Winners to be Announced on October 9 at Bentley’s 2024 Year in Infrastructure and Going Digital Awards Event in Vancouver Press Release August 15, 2024 EXTON, PA.– Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the finalists of the 2024 Going Digital Awards. The annual awards event honors the extraordinary work of Bentley’s global users, showcasing how innovative software enables the advancement of the world’s infrastructure for better quality of life. This year, 36 finalists, across 12 categories, were selected from over 250 nominations submitted by organizations in 36 countries. Representatives from the finalist organizations will present their projects to a panel of 34 independent judges, to determine the award winners. Winners will be revealed on October 9, during the 2024 Going Digital Awards event, held at the JW Marriott Parq Vancouver. More information about each finalist project can be found on Bentley’s website here. “Infrastructure is essential. It connects us locally and globally, supporting our society and economic growth and development,” said Kristin Fallon, chief marketing officer, Bentley Systems. “This year’s Going Digital Awards finalists represent an impressive mix of international projects that are pushing the boundaries of

Bentley Systems Announces Second Quarter 2024 Results Press Release August 6, 2024 EXTON, Pa.- Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced results for the quarter ended June 30, 2024. Second Quarter 2024 Results Total revenues were $330.3 million, up 11.3% or 11.9% on a constant currency basis, year-over-year; Subscriptions revenues were $297.4 million, up 14.7% or 15.3% on a constant currency basis, year-over-year; Annualized Recurring Revenues (“ARR”) was $1,215.9 million as of June 30, 2024, compared to $1,105.9 million as of June 30, 2023, representing a constant currency ARR growth rate of 11%; Last twelve-month recurring revenues dollar-based net retention rate was 108%, compared to 110% for the same period last year; Operating income margin was 24.3%, compared to 18.0% for the same period last year; Adjusted operating income inclusive of stock-based compensation expense (“Adjusted OI w/SBC”) margin was 28.8%, compared to 24.7% for the same period last year; Net income per diluted share was $0.22, compared to $0.15 for the same period last year; Adjusted net income per diluted share (“Adjusted EPS”) was $0.31, compared to $0.24 for the same period last year; and Cash flows from operations was $62.6 million, compared to $80.6 million for

PennDOT Contracts with Bentley Systems to Advance Project Delivery Extends Commitment to Bentley CADD Solutions Press Release Left to right: Sen. Wayne Langerholc, Jr., Chairman of the Pennsylvania Senate Transportation Committee; Rep. Matthew Bradford, Majority Leader of the Pennsylvania House of Representatives; Pennsylvania Secretary of Transportation Mike Carroll; and Bentley Systems’ Executive Chair Greg Bentley discuss transportation infrastructure during an event at Bentley Systems’ headquarters. August 6, 2024 EXTON, Pa.– Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that it has been selected as part of a multi-award Request for Proposal by the Pennsylvania Department of Transportation (PennDOT) for state-wide civil design solutions. The contract award extends Bentley’s long-standing relationship with PennDOT to advance project delivery. PennDOT has transitioned to Bentley’s OpenRoads 3D design software and ProjectWise for CADD data management to support roadway, bridge, drainage, traffic, and geotechnical engineering. The acceleration of infrastructure projects with federal funding provided by the Infrastructure Investment and Jobs Act (IIJA) is challenging DOTs and their engineering firm ecosystems to expand capacity, including through purposeful inclusion of smaller business enterprises. In the new PennDOT contract, Bentley has proudly partnered with Pennsylvania firms Cedarville Engineering Group, llc (CEG) of Pottstown and

Bentley Systems to Announce Second Quarter 2024 Results on August 6, 2024 Press Release July 17, 2024 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, will release its second quarter 2024 results before the market opens on Tuesday, August 6, 2024. Senior management will host a webcast to discuss the company’s results at 8:15 a.m. ET. The results press release and link to the webcast will be available prior to the start of the webcast on the company’s investor relations website at https://investors.bentley.com Webcast and Registration Information When: Tuesday, August 6, 2024, 8:15 a.m. ETWebcast: Registration link Replay: Available later that day via https://investors.bentley.com About Bentley Systems Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings, powered by the iTwin Platform for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation,

Nicholas Cumins Takes Charge as CEO of Bentley Systems, Ushering in a New Era First non-Bentley family member to lead company, Cumins unveils vision for infrastructure resilience powered by AI, focus on operations phase of lifecycle Press Release Bentley Systems CEO Nicholas Cumins July 1, 2024 EXTON, Pa. – Following the CEO transition plan previously announced by Bentley Systems, Incorporated (Nasdaq: BSY), Nicholas Cumins today takes charge as CEO. Cumins succeeds Greg Bentley, the eldest of the five brothers who founded Bentley Systems, who becomes Executive Chair of its Board of Directors. Cumins is the first CEO in the company’s 40-year history who is not a Bentley family member, marking a significant milestone in the company’s development. The Bentley brothers redefined what was then computer-aided design (CAD) software when they developed MicroStation as a groundbreaking engineering application platform. Four decades of innovation and more than 120 acquisitions later, Bentley Systems is the leading provider of infrastructure engineering software, with its infrastructure digital twin solutions used to design, build, and operate critical infrastructure around the world. The transition to Cumins’ leadership comes at a critical time for infrastructure sectors. There are not enough engineers to accomplish the work required to achieve

Bentley Systems, Incorporated Declares Second Quarter 2024 Dividend Press Release May 24, 2024 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that its Board of Directors declared a $0.06 per share dividend for the second quarter of 2024. The cash dividend is payable on June 13, 2024, to all stockholders of record of Class A and Class B common stock as of the close of business on June 4, 2024. About Bentley Systems Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings, powered by the iTwin Platform for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequent’s software for geoprofessionals, and Bentley Infrastructure Cloud encompassing ProjectWise for project delivery, SYNCHRO for construction management, and AssetWise for asset operations. Bentley Systems’ 5,200 colleagues generate annual revenues of more than

Blyncsy to Release Map of U.S. 35+ MPH Roadway System featuring FHWA Retroreflectivity Minimum Standards Press Release May 7, 2024 Salt Lake City, Utah – Blyncsy, a Bentley Systems company, has released a public map of United States public roads rated at 35 miles per hour and faster, along with paint retroreflectivity scores for roads within all 50 state capitals. This new tool is available to support all state and local departments of transportation as they prepare to meet new Federal Highway Administration (FHWA) minimum levels of retroreflectivity for pavement markings, which goes into effect in 2026. Using its nationwide network of crowdsourced imagery and AI, Blyncsy was able to capture over 3,200 centerline miles of paint retroreflectivity detections in just four days. In 2022, the FHWA released a final rule to update the Manual on Uniform Traffic Control Devices (MUTCD) that establishes minimum retroreflectivity levels for longitudinal pavement markings on all roads open to public travel with speed limits of 35 mph or greater. The final rule requires applicable agencies or officials to implement a method for maintaining pavement marking retroreflectivity at or above minimum levels. States and counties must adopt a method for maintaining pavement marking retroreflectivity by

Bentley Systems Announces First Quarter 2024 Results Press Release May 7, 2024 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced results for its first quarter ended March 31, 2024.  First Quarter 2024 Results Total revenues were $337.8 million, up 7.4% or 7.2% on a constant currency basis, year-over-year; Subscriptions revenues were $307.1 million, up 10.5% or 10.3% on a constant currency basis, year-over-year; Annualized Recurring Revenues (“ARR”) was $1,186.5 million as of March 31, 2024, compared to $1,071.0  million as of March 31, 2023, representing a constant currency ARR growth rate of 11%; Last twelve-month recurring revenues dollar-based net retention rate was 108%, compared to 110% for the same period last year; Operating income margin was 27.2%, compared to 20.9% for the same period last year; Adjusted operating income inclusive of stock-based compensation expense (“Adjusted OI w/SBC”) margin was 33.3%, compared to 28.8% for the same period last year; Net income per diluted share was $0.22, compared to $0.14 for the same period last year; Adjusted net income per diluted share (“Adjusted EPS”) was $0.31, compared to $0.25 for the same period last year; and Cash flows from operations was $205.0 million, compared

Bentley Systems to Announce First Quarter 2024 Results on May 7, 2024 Press Release April 10, 2024 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, will release its first quarter 2024 results before the market opens on Tuesday, May 7, 2024. Senior management will host a webcast to discuss the company’s results at 8:15 a.m. ET. The results press release and link to the webcast will be available prior to the start of the webcast on the company’s investor relations website at https://investors.bentley.com Webcast and Registration Information When: Tuesday, May 7, 2024, 8:15 a.m. ETWebcast: Registration link Replay: Available later that day via https://investors.bentley.com About Bentley Systems Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings, powered by the iTwin Platform for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequent’s

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that effective July 1, 2024, Greg Bentley will transition from Bentley Systems’ CEO to Executive Chair of its Board of Directors. Nicholas Cumins, currently COO, will then be promoted to CEO, and be proposed to join the Board of Directors.

Bentley Systems Issues Call for Nominations for the 2024 Going Digital Awards in Infrastructure Winners to be Selected and Announced at The Year in Infrastructure and Going Digital Awards Event in Vancouver Press Release Winners of the 2023 Going Digital Awards in Infrastructure celebrate their accomplishments. Nominations are open for the 2024 awards. Image courtesy of Bentley Systems. March 14, 2024 EXTON, Pa. – March 14, 2024 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced its call for nominations for the 2024 Going Digital Awards in Infrastructure. The awards, which are judged by independent juries of industry experts, recognize infrastructure projects for going digital advancements in infrastructure. The deadline for nominations is April 15, 2024. Users of Bentley software are invited to enter their projects in the Going Digital Awards in Infrastructure program, no matter which phase the project is in – preconstruction/conceptual, design, construction, or operations. The three finalists chosen for each awards category win a trip to Vancouver to attend The Year in Infrastructure and Going Digital Awards event as guests of Bentley Systems. As part of the conference, the finalists will present their projects before the judges, industry thought leaders, and members

Bentley Systems Announces Fourth Quarter and Full Year 2023 Results and 2024 Financial Outlook Increases Quarterly Dividend Press Release February 27, 2024 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced results for its fourth quarter and full year ended December 31, 2023, and its financial outlook for 2024. Fourth Quarter 2023 Results Total revenues were $310.6 million, up 8.3% or 7.3% on a constant currency basis, year-over-year; Subscriptions revenues were $272.5 million, up 8.3% or 7.4% on a constant currency basis, year-over-year; Annualized Recurring Revenues (“ARR”) was $1,174.8 million as of December 31, 2023, compared to $1,036.5 million as of December 31, 2022, representing a constant currency ARR growth rate of 12.5%; Last twelve-month recurring revenues dollar-based net retention rate was 109%, compared to 110% for the same period last year; Operating income margin was 12.2%, compared to 14.2% for the same period last year; Adjusted operating income inclusive of stock-based compensation expense (“Adjusted OI w/SBC”) margin was 24.0%, compared to 22.5% for the same period last year; Net income per diluted share was $0.54, compared to $0.08 for the same period last year; Adjusted net income per diluted share (“Adjusted EPS”) was $0.20,

Bentley Systems to Announce Fourth Quarter 2023 Results Press Release Feb. 1, 2024 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, will release its fourth quarter and full year 2023 results before the market opens on Tuesday, February 27, 2024. Senior management will host a webcast to discuss the company’s results at 8:15 a.m. ET. The results press release and link to the webcast will be available prior to the start of the webcast on the company’s investor relations website at https://investors.bentley.com Webcast and Registration Information When:  Tuesday, February 27, 2024, 8:15 a.m. ETWebcast: Registration linkReplay: Available later that day via https://investors.bentley.com View PDF Latest News