The 120-year-old construction giant partners with Navan to replace fragmented legacy systems with a unified, AI-powered platform

Navan (NASDAQ: NAVN), the global AI-powered business travel and expense platform, today announced that PCL Construction has selected Navan to spearhead its global travel and expense transformation.

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PCL Construction has thrived for more than a century by consistently innovating and adapting to the latest technology. As an employee-owned company, PCL is defined by a culture that empowers its workforce and prioritizes the employee experience. By partnering with Navan, PCL is moving away from decentralized manual workflows toward a high-performance, unified tech stack.

“PCL’s 120-year history is a testament to our ability to adapt and lead. We have always embraced technology to modernize our business and improve the lives of our employees,” said Gordon Stephenson, Chief Financial Officer at PCL Construction. “In Navan, we found a partner that matches our resilient, tech-forward mindset. By unifying travel and expense, we are removing the friction of manual processes and giving our teams a superior, digital-first experience that allows them to stay focused on building the future.”

The decision to adopt Navan reflects a commitment to driving operational excellence across PCL’s more than 30 major centers. Key drivers of the partnership include:

• Empowering Employees: Replacing time-intensive manual workflows with a consumer-grade mobile app designed for field teams and executives.
• Massive Productivity Gains: Navan’s automated reconciliation is projected to repurpose more than 15,000 hours annually back into the business.
• Consolidated Global Visibility: Unifying four disparate systems, including Concur and Direct Travel, into one platform with real-time data and visibility.
• Driving Cost Efficiency: Delivering more than $650,000 in estimated annual travel savings through Navan’s optimized inventory and direct connections.
• Elite Support Infrastructure: Providing 24/7 global support and specialized VIP services to enable seamless travel for PCL’s executive leadership.

“Navan aims to be the engine behind the world’s most forward-thinking organizations, and PCL Construction is a premier example of a global leader that refuses to settle for the status quo,” said Michael Sindicich, President of Navan. “By integrating travel and expense into a single AI-powered workflow, PCL is setting a new standard for productivity in the construction industry. This partnership continues Navan’s momentum as the platform of choice for complex, global enterprises that demand both financial control and a premium user experience.”

PCL Construction joins a growing list of enterprise organizations switching to Navan, including industry leaders from across Canada and the construction sector. This momentum is underscored by Navan’s recent ranking as the No. 1 Travel Management Software in Canada in the G2 Spring 2026 Rankings, cementing its position as the preferred choice for Canadian companies demanding modern, scalable travel and expense solutions.

About PCL Construction

PCL Construction is one of the most respected and accomplished global construction leaders, comprising independent companies operating throughout the United States, Canada, the Caribbean and Australia. With an annual construction volume of $9.9 billion USD, PCL builds projects that shape communities and strengthen infrastructure. The company’s 100% employee ownership model fuels a culture of commitment for clients in the buildings, civil infrastructure, heavy industrial and solar markets. With a strategic presence in more than 30 major centers, PCL’s leadership teams consistently drive innovation and set new benchmarks for excellence, bringing unparalleled skill to every project. Watch us build at PCL.com.

About Navan

Navan (NASDAQ: NAVN) is the global AI-powered business travel and expense platform that makes travel easy for frequent travelers. From finding flights and hotels, to automating expense reconciliation, with 24/7 support along the way, Navan delivers an intuitive experience travelers love and finance teams rely on. See how Navan customers benefit and learn more at navan.com.

Forward-Looking Statements

All statements in this press release other than statements of historical fact could be deemed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are often identified by words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “will,” or similar expressions. Such statements are subject to risks, uncertainties and other factors that may cause actual results to be materially different from any future results expressed or implied by the forward-looking statements. These risks and other factors include the risks described under the caption “Risk Factors” in Navan’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (“SEC”) on December 15, 2025 and in other reports Navan files from time to time with the SEC. Except as required by law, Navan undertakes no obligation, and does not intend, to update these forward-looking statements.

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