Perma-Pipe Announces New Orders Exceeding $28 Million in North America Through First Two Months of Fiscal Q3, with Strong Winter Activity Expected in Canadian Oil and Gas Sector

Saleh Sagr, President and Chief Executive Officer of Perma-Pipe International Holdings, Inc.

“Securing bookings in excess of $28 million through the end of September reflects the strength of our North American business and the growing momentum behind our regional growth strategy.”

Saleh Sagr, President and Chief Executive Officer of Perma-Pipe International Holdings, Inc.

“We see significant opportunities to expand our market presence, build on our customer relationships, and capture demand across our core energy and infrastructure markets.”

Saleh Sagr, President and Chief Executive Officer of Perma-Pipe International Holdings, Inc.

“In Canada, we anticipate a particularly active winter season in the oil and gas sector, providing further opportunities to leverage our capabilities and strengthen our position.”

Saleh Sagr, President and Chief Executive Officer of Perma-Pipe International Holdings, Inc.

“Following the signing of the Memorandum of Understanding (MOU) with Welspun, Perma-Pipe has established its legal presence in Jordan, marking an important milestone in advancing our plans to support the country’s major water infrastructure initiatives.”

Saleh Sagr, President and Chief Executive Officer of Perma-Pipe International Holdings, Inc.

“We expect to establish the joint venture before the end of the third quarter, positioning Perma-Pipe to capitalize on significant opportunities in Jordan and the broader region.”

Saleh Sagr, President and Chief Executive Officer of Perma-Pipe International Holdings, Inc.

“We remain confident in North America’s contribution to Perma-Pipe’s future growth and in the potential of our international expansion initiatives.”

Saleh Sagr, President and Chief Executive Officer of Perma-Pipe International Holdings, Inc.

“Across our markets, we remain focused on converting opportunities into sustainable, profitable growth and long-term shareholder value.”

Marc Huber, Senior Vice President, North America, of Perma-Pipe International Holdings, Inc.

“Our North American business continues to build momentum, supported by strong customer demand and a solid pipeline of opportunities.”

Marc Huber, Senior Vice President, North America, of Perma-Pipe International Holdings, Inc.

“We expect increased activity in Canada’s oil and gas sector this winter and are well positioned to meet customer needs and capitalize on emerging market opportunities.”