Montrose Environmental Group (MEG) Fireside Chat summary

Introduction and agenda

• Discussion focused on the impact of the US Supreme Court's Loper Bright ruling and the overturning of Chevron deference on environmental regulations and business outlook.

• CEO, CFO, and Chief Commercialization Officer participated, addressing investor concerns and business positioning.

Current industry trends

• Regulatory complexity is expected to increase, with more authority shifting to state agencies, creating new opportunities.

• Clients across sectors report 'business as usual,' with compliance driven by multiple stakeholders beyond federal oversight.

• Heightened uncertainty and complexity are driving increased demand for advisory and testing services.

• State-level regulations, especially for PFAS, are often more stringent than federal rules, requiring companies to comply with the strictest standards.

Challenges and overcoming obstacles

• Regulatory changes and legal challenges are expected, but most business is anchored on long-standing, court-validated frameworks.

• Ongoing and anticipated litigation, especially around PFAS, is seen as a normal part of the business environment.

• The company is insulated from political cycles and federal regulatory whipsaws due to diversified end markets and significant private sector focus.