Willdan’s LoadSEER Software Selected by SMUD for Electric Grid Planning and Forecasting

Willdan Group, Inc. (NASDAQ: WLDN) announced today that the Sacramento Municipal Utility District (SMUD) has competitively selected Integral Analyticsโ€™ LoadSEER software to support distribution grid planning and forecasting. The five-year contract includes software licensing, maintenance, and support for all levels of implementation. The contract was signed in March and discussed during Willdanโ€™s Q1 FY2023 Earnings Conference Call. Integral Analytics is Willdanโ€™s software subsidiary.

โ€œAs we plan for future improvements to our electric grid, itโ€™s important that we have a reliable, modern tool for geospatial load forecasting,โ€ said Harry Marks, Manager of Distribution Planning for SMUD. โ€œLoadSEER integrates with our existing software, and it will inform our planning of the distribution system facilities as we move toward our 2030 Clean Energy Vision while maintaining SMUDโ€™s reputation of highly reliable service as demand continues to grow in the Sacramento region due to development, electrification, and electric vehicle adoption.โ€

Sheikh Hassan, Principal Distribution System Engineer added, โ€œEngineers are tackling a fast-changing utility landscape driven by a variety of DERs and electrification. A forecasting tool like LoadSEER that provides a more granular analysis is key for our Distribution Planning Engineersโ€™ tool bag.โ€

โ€œSMUD joins a rapidly growing number of utilities using our platform to support their distribution planning teams,โ€ said Tom Brisbin, Willdanโ€™s CEO and Chairman. โ€œWe are excited to be working closely with a large, industry-leading municipal utility like SMUD to help them determine the least-cost and most reliable grid strategies that will support their aggressive decarbonization targets.โ€

About the Sacramento Municipal Utility District

As the nation's sixth-largest, community-owned, not-for-profit electric service provider, SMUD has been providing low-cost, reliable electricity to Sacramento County for more than 75 years. SMUD is a recognized industry leader and award winner for its innovative energy efficiency programs, renewable power technologies, and for its sustainable solutions for a healthier environment. Today, SMUD's power supply is on average about 50 percent carbon free and SMUD has a goal to reach zero carbon in its electricity production by 2030. For more information on SMUD's Zero Carbon Plan and its customer programs, visit www.smud.org.

About Willdan

Willdan is a nationwide provider of professional, technical, and consulting services to utilities, government agencies, and private industry. Willdanโ€™s service offerings span a broad set of complementary disciplines that include electric grid solutions, energy efficiency and sustainability, engineering and planning, and municipal financial consulting. For additional information, visit Willdan's website at www.willdan.com.

Forward-Looking Statements

Statements in this press release that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. It is important to note that Willdanโ€™s actual results could differ materially from those in any such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the risk factors listed from time to time in Willdanโ€™s reports filed with the Securities and Exchange Commission, including, but not limited to, the Annual Report on Form 10-K filed for the year ended December 30, 2022. Willdan cautions investors not to place undue reliance on the forward-looking statements contained in this press release. Willdan disclaims any obligation to, and does not undertake to, update or revise any forward-looking statements in this press release.

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