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3/26/22, 9:42 AM
<br />Table of Contents
<br />road -20210930
<br />stringent and costly operating, waste handling, disposal and cleanup requirements, our business, prospects, financial condition or
<br />results of operations could be materially adversely affected.
<br />We regularly monitor and review our operations, procedures, and policies for compliance with our operating permits and related laws
<br />and regulations. We believe that our operations and facilities, whether owned or leased, are in substantial compliance with applicable
<br />environmental laws and regulations and that any existing non-compliance is not likely to have a material adverse effect on our
<br />operations or financial condition.
<br />Industrial operations, including equipment maintenance and storage, asphalt manufacturing and processing, underground storage tank
<br />usage, and other storage and use of hazardous materials and petroleum products, are conducted at our facilities, and in some cases,
<br />have been conducted at our facilities for more than 50 years. While we have conducted our operations in substantial compliance with
<br />applicable environmental laws, we have, from time to time, identified contamination associated with these activities at certain of our
<br />facilities. We have incurred costs in connection with the investigation and remediation of hazardous substances and petroleum products
<br />identified at several facilities, and investigation and remediation activities are ongoing at others. We may also become subject to
<br />similar liabilities in connection with prior and future acquisitions. We do not believe that liabilities associated with known or potential
<br />contamination at any of our facilities will have a material adverse effect on our operations or financial condition.
<br />Employees and Human Capital Resources
<br />As of September 30, 2021, we employed 805 salaried employees and 2,155 hourly employees. The total number of hourly personnel at
<br />a given time is subject to the volume of projects in progress and fluctuates on a seasonal basis. During fiscal year 2021, the number of
<br />hourly employees ranged from 1,717 to 2,155 employees and averaged 1,936 employees. We are not subject to any collective
<br />bargaining agreements with respect to any of our employees. We believe that we have strong relationships with our employees.
<br />Our business depends on a readily available supply of management, supervisory and field personnel. Attracting, training and retaining
<br />key personnel has been and will remain critical to our success. Through the use of our management information systems, on-the-job
<br />training, and educational seminars, employees are trained to understand the importance of project execution. We place additional focus
<br />on training related to estimating, project management and project cost control. Our crews typically specialize in a specific phase of
<br />construction, such as grading or paving, with each crew member assigned to a specific task in order to maximize daily production. A
<br />core tenet of our organizational philosophy is to promote from within and offer advancement opportunities at all levels of employment,
<br />which helps us retain talented employees. Moreover, we proactively recruit additional talent in both conventional and creative manners
<br />to fill open positions when promoting internally is not an option. Like others in our industry, we experience some recurring employee
<br />turnover; however, we historically have been able to attract sufficient numbers of personnel to support the growth of our operations.
<br />Nonetheless, we continue to face competition for experienced workers in all of our markets.
<br />We place a great emphasis on the safety of the public, our customers and our employees. To that end, we conduct extensive safety
<br />training programs, which have allowed us to maintain a high safety level at our worksites. All newly -hired employees undergo an
<br />initial safety orientation, and for certain types of projects and processes, we conduct specific hazard training programs. Our project
<br />foremen and superintendents conduct on-site safety meetings, and our full-time safety inspectors make random site safety inspections
<br />and perform assessments. In addition, certain operational employees are required to complete a safety course approved by the
<br />Occupational Safety and Health Administration ("OSHA") or the Mine Safety and Health Administration ("MSHA"), as applicable.
<br />Moreover, we promote a culture of safety by encouraging employees to immediately correct and report all unsafe conditions.
<br />Website Information
<br />The Company maintains a website at www.constructionpartners.net. Certain corporate governance information, filings with the
<br />Securities and Exchange Commission (the "SEC") and other information of potential interest to our stockholders are available free of
<br />charge through the "Investors" page of the Company's website. These include, for example, our Annual Report on Form 10-K,
<br />Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and amendments to those reports filed or furnished pursuant to Section
<br />13(a) or 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). These documents are made available as soon
<br />as reasonably practicable after they are filed with, or furnished to, the SEC. Information on, or accessible through, the Company's
<br />website is not part of or incorporated into this Annual Report on Form 10-K. We have included the website address only as an inactive
<br />textual reference and do not intend for it to be an active link to the website. We will provide electronic or paper copies of our periodic
<br />and current reports to stockholders free of charge upon written request to: Construction Partners, Inc., Attention: Corporate Secretary,
<br />290 Healthwest Drive, Suite 2, Dothan, Alabama 36303. In addition, the SEC maintains a website at www.sec.gov that contains
<br />reports, proxy and information statements and other information regarding us and other issuers that file electronically with the SEC.
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