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Bentley Systems to Announce First Quarter 2023 Operating Results

Bentley Systems to Announce First Quarter 2023 Operating Results Press Release April 12, 2023 EXTON, Pa. – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, announced today the date for the release of its first quarter 2023 operating results. First Quarter 2023 Operating Results Bentley Systems will release first quarter 2023 operating results, before the market opens, on Tuesday, May 9, 2023. A live Zoom video webinar of the event can be accessed at 8:15 a.m. EDT that same day through a direct registration link. Alternatively, the event can be accessed from the Events & Presentations page on Bentley Systems’ Investor Relations website at https://investors.bentley.com. A replay and transcript will be available after the conclusion of the live event on Bentley Systems’ Investor Relations website. About Bentley Systems Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings, powered by the iTwin Platform

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Bentley Systems Announces Infrastructure Projects Achieve Measurable Results with LumenRT

Bentley Systems Announces Infrastructure Projects Achieve Measurable Results with LumenRT for NVIDIA Omniverse, Powered by iTwin Creation of Immersive 3D/4D Experiences Enhances Visualization and Simulation of Infrastructure Digital Twins for Improvements in Communication and Collaboration Press Release The International Thermonuclear Reactor. Image courtesy of Brigantium Engineering. March 21, 2023 EXTON, Pa. – March 21, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced how infrastructure organizations across industries and around the globe are leveraging the power of LumenRT for NVIDIA Omniverse, powered by iTwin, a solution enabling infrastructure organizations to create compelling visualizations and project deliverables with unprecedented speed and quality, make better-informed decisions, and win more projects. LumenRT for NVIDIA Omniverse is the first engineering software application in the market built on Omniverse, a platform for creating and operating industrial metaverse applications. The integration of NVIDIA Omniverse and Bentley iTwin enables real-time, immersive 3D/4D experiences to enhance the visualization and simulation of infrastructure digital twins. The combined capabilities are delivering new possibilities and incredible results for some of the world’s largest and most complex infrastructure projects. An early adopter of LumenRT for NVIDIA Omniverse is Brigantium Engineering, an engineering and consulting services contractor working

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WSB and Bentley Systems Offer New Digital Construction Management Service Based on SYNCHRO

WSB and Bentley Systems Offer New Digital Construction Management Service Based on SYNCHRO Will Provide Digital Integrator and Advisory Services for Construction Digital Twins Running in Bentley Infrastructure Cloud Press Release SYNCHRO simplifies the delivery of infrastructure construction projects. Image courtesy of WSB. March 13, 2023 EXTON, Pa. and MINNEAPOLIS – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced a collaboration initiative with WSB to lead civil infrastructure owners and contractors to adopt and use infrastructure digital twins. WSB has launched a new digital construction management solution and advisory service, based on Bentley’s SYNCHRO, to help the civil infrastructure market overcome challenges of adopting model-based digital workflows and leveraging the power of construction digital twins. WSB is the first firm to join the Bentley Digital Integrator Program for construction to provide programmatic go-to-market support and knowledge transfer to eligible engineering and project delivery firms and system integrators creating and curating digital twins for their clients’ infrastructure assets. Construction work is too often based on 2D drawings, spreadsheets, and document-based workflows resulting in errors, waste, and rework that cause most projects to be over budget and schedule. Bentley and WSB will lead firms in transforming construction by

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Bentley Systems Announces 22Q4 and 2022 Operating Results, and Its 2023 Financial Outlook

Bentley Systems Announces 22Q4 and 2022 Operating Results, and Its 2023 Financial Outlook Press Release February 28, 2023 EXTON, Pa. – Bentley Systems, Incorporated (Nasdaq: BSY) (“Bentley Systems” or the “Company”), the infrastructure engineering software company, today announced operating results for its fourth quarter and full year ended December 31, 2022, and its financial outlook for 2023. Fourth Quarter 2022 Financial Results Total revenues were $286.9 million, up 7.2% or 12.7% on a constant currency basis, year-over-year; Subscriptions revenues were $251.5 million, up 12.7% or 18.3% on a constant currency basis, year-overyear; Annualized Recurring Revenues (“ARR”) was $1,036.5 million as of December 31, 2022, representing a constant currency ARR growth rate of 15% from December 31, 2021, or 12.5% ARR growth from business performance, excluding acquired ARR from our 22Q1 platform acquisition of Power Line Systems; Last twelve-month recurring revenues dollar-based net retention rate was 110%, consistent with the preceding quarter; Operating income was $40.8 million, compared to $43.3 million for the same period last year; Adjusted operating income was $88.1 million, compared to $83.3 million for the same period last year; Net income was $25.7 million, compared to $38.6 million for the same period last year. Net income per

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