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Bentley Systems, Incorporated Declares Second Quarter 2024 Dividend

Bentley Systems, Incorporated Declares Second Quarter 2024 Dividend Press Release May 24, 2024 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that its Board of Directors declared a $0.06 per share dividend for the second quarter of 2024. The cash dividend is payable on June 13, 2024, to all stockholders of record of Class A and Class B common stock as of the close of business on June 4, 2024. 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 for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequent’s software for geoprofessionals, and Bentley Infrastructure Cloud encompassing ProjectWise for project delivery, SYNCHRO for construction management, and AssetWise for asset operations. Bentley Systems’ 5,200 colleagues generate annual revenues of more than

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Blyncsy to Release Map of U.S. 35+ MPH Roadway System featuring FHWA Retroreflectivity Minimum Standards

Blyncsy to Release Map of U.S. 35+ MPH Roadway System featuring FHWA Retroreflectivity Minimum Standards Press Release May 7, 2024 Salt Lake City, Utah – Blyncsy, a Bentley Systems company, has released a public map of United States public roads rated at 35 miles per hour and faster, along with paint retroreflectivity scores for roads within all 50 state capitals. This new tool is available to support all state and local departments of transportation as they prepare to meet new Federal Highway Administration (FHWA) minimum levels of retroreflectivity for pavement markings, which goes into effect in 2026. Using its nationwide network of crowdsourced imagery and AI, Blyncsy was able to capture over 3,200 centerline miles of paint retroreflectivity detections in just four days. In 2022, the FHWA released a final rule to update the Manual on Uniform Traffic Control Devices (MUTCD) that establishes minimum retroreflectivity levels for longitudinal pavement markings on all roads open to public travel with speed limits of 35 mph or greater. The final rule requires applicable agencies or officials to implement a method for maintaining pavement marking retroreflectivity at or above minimum levels. States and counties must adopt a method for maintaining pavement marking retroreflectivity by

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Bentley Systems Announces First Quarter 2024 Results

Bentley Systems Announces First Quarter 2024 Results Press Release May 7, 2024 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced results for its first quarter ended March 31, 2024.  First Quarter 2024 Results Total revenues were $337.8 million, up 7.4% or 7.2% on a constant currency basis, year-over-year; Subscriptions revenues were $307.1 million, up 10.5% or 10.3% on a constant currency basis, year-over-year; Annualized Recurring Revenues (“ARR”) was $1,186.5 million as of March 31, 2024, compared to $1,071.0  million as of March 31, 2023, representing a constant currency ARR growth rate of 11%; Last twelve-month recurring revenues dollar-based net retention rate was 108%, compared to 110% for the same period last year; Operating income margin was 27.2%, compared to 20.9% for the same period last year; Adjusted operating income inclusive of stock-based compensation expense (“Adjusted OI w/SBC”) margin was 33.3%, compared to 28.8% for the same period last year; Net income per diluted share was $0.22, compared to $0.14 for the same period last year; Adjusted net income per diluted share (“Adjusted EPS”) was $0.31, compared to $0.25 for the same period last year; and Cash flows from operations was $205.0 million, compared

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Bentley Systems to Announce First Quarter 2024 Results on May 7, 2024

Bentley Systems to Announce First Quarter 2024 Results on May 7, 2024 Press Release April 10, 2024 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, will release its first quarter 2024 results before the market opens on Tuesday, May 7, 2024. Senior management will host a webcast to discuss the company’s results at 8:15 a.m. ET. The results press release and link to the webcast will be available prior to the start of the webcast on the company’s investor relations website at https://investors.bentley.com Webcast and Registration Information When: Tuesday, May 7, 2024, 8:15 a.m. ETWebcast: Registration link Replay: Available later that day via https://investors.bentley.com 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 for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequent’s

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Bentley Systems Announces CEO Transition Plan

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that effective July 1, 2024, Greg Bentley will transition from Bentley Systems’ CEO to Executive Chair of its Board of Directors. Nicholas Cumins, currently COO, will then be promoted to CEO, and be proposed to join the Board of Directors.

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Bentley Systems Issues Call for Nominations for the 2024 Going Digital Awards in Infrastructure

Bentley Systems Issues Call for Nominations for the 2024 Going Digital Awards in Infrastructure Winners to be Selected and Announced at The Year in Infrastructure and Going Digital Awards Event in Vancouver Press Release Winners of the 2023 Going Digital Awards in Infrastructure celebrate their accomplishments. Nominations are open for the 2024 awards. Image courtesy of Bentley Systems. March 14, 2024 EXTON, Pa. – March 14, 2024 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced its call for nominations for the 2024 Going Digital Awards in Infrastructure. The awards, which are judged by independent juries of industry experts, recognize infrastructure projects for going digital advancements in infrastructure. The deadline for nominations is April 15, 2024. Users of Bentley software are invited to enter their projects in the Going Digital Awards in Infrastructure program, no matter which phase the project is in – preconstruction/conceptual, design, construction, or operations. The three finalists chosen for each awards category win a trip to Vancouver to attend The Year in Infrastructure and Going Digital Awards event as guests of Bentley Systems. As part of the conference, the finalists will present their projects before the judges, industry thought leaders, and members

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Bentley Systems Announces Fourth Quarter and 2023 Results, and Its 2024 Financial Outlook

Bentley Systems Announces Fourth Quarter and Full Year 2023 Results and 2024 Financial Outlook Increases Quarterly Dividend Press Release February 27, 2024 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced results for its fourth quarter and full year ended December 31, 2023, and its financial outlook for 2024. Fourth Quarter 2023 Results Total revenues were $310.6 million, up 8.3% or 7.3% on a constant currency basis, year-over-year; Subscriptions revenues were $272.5 million, up 8.3% or 7.4% on a constant currency basis, year-over-year; Annualized Recurring Revenues (“ARR”) was $1,174.8 million as of December 31, 2023, compared to $1,036.5 million as of December 31, 2022, representing a constant currency ARR growth rate of 12.5%; Last twelve-month recurring revenues dollar-based net retention rate was 109%, compared to 110% for the same period last year; Operating income margin was 12.2%, compared to 14.2% for the same period last year; Adjusted operating income inclusive of stock-based compensation expense (“Adjusted OI w/SBC”) margin was 24.0%, compared to 22.5% for the same period last year; Net income per diluted share was $0.54, compared to $0.08 for the same period last year; Adjusted net income per diluted share (“Adjusted EPS”) was $0.20,

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Bentley Systems to Announce Fourth Quarter 2023 Results

Bentley Systems to Announce Fourth Quarter 2023 Results Press Release Feb. 1, 2024 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, will release its fourth quarter and full year 2023 results before the market opens on Tuesday, February 27, 2024. Senior management will host a webcast to discuss the company’s results at 8:15 a.m. ET. The results press release and link to the webcast will be available prior to the start of the webcast on the company’s investor relations website at https://investors.bentley.com Webcast and Registration Information When:  Tuesday, February 27, 2024, 8:15 a.m. ETWebcast: Registration linkReplay: Available later that day via https://investors.bentley.com View PDF Latest News

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Bentley Systems, Incorporated Declares Fourth Quarter 2023 Dividend

Bentley Systems, Incorporated Declares Fourth Quarter 2023 Dividend Press Release November 17, 2023 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that its Board of Directors declared a $0.05 per share dividend for the fourth quarter of 2023. The cash dividend is payable on December 14, 2023 to all stockholders of record of Class A and Class B common stock as of the close of business on December 4, 2023. 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 for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequent’s software for geoprofessionals, and Bentley Infrastructure Cloud encompassing ProjectWise for project delivery, SYNCHRO for construction management, and AssetWise for asset operations. Bentley Systems’ 5,000 colleagues generate annual revenues of more than

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AI-powered, Blood-donation Room Monitoring Project Wins the 2023 Enactus Brazil and Bentley Systems iTwin4Good Challenge

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, and Enactus Brazil, an international nonprofit organization, today announced the winner of the 2023 iTwin4Good Challenge, a competition where students combine their software development skills and passion for social action to solve problems in their communities using digital twin technology.

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Bentley Systems Announces Operating Results for the Third Quarter of 2023

Bentley Systems Announces Operating Results for the Third Quarter of 2023 Press Release November 7, 2023 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced operating results for its third quarter and nine months ended September 30, 2023. Third Quarter 2023 Operating Results Total revenues were $306.6 million, up 14.3% or 11.0% on a constant currency basis, year-over-year; Subscriptions revenues were $270.8 million, up 15.1% or 11.7% on a constant currency basis, year-over-year; Annualized Recurring Revenues (“ARR”) was $1,124.8 million as of September 30, 2023, compared to $983.7 million as of September 30, 2022, representing a constant currency ARR growth rate of 12.5%; Last twelve-month recurring revenues dollar-based net retention rate was 110%, consistent with the same period last year; Operating income margin was 24.0%, compared to 20.7% for the same period last year; Adjusted operating income inclusive of stock-based compensation expense (“Adjusted OI w/SBC”) margin was 28.2%, compared to 24.9% for the same period last year; Net income per diluted share was $0.16, compared to $0.12 for the same period last year; Adjusted net income per diluted share (“Adjusted EPS”) was $0.22, compared to $0.19 for the same period last year; and Cash

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Bentley Systems to Announce Third Quarter 2023 Operating Results

Bentley Systems to Announce Third Quarter 2023 Operating Results Press Release Oct. 18, 2023 EXTON, Pa. – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, announced today the date for the release of its third quarter 2023 operating results. Third Quarter 2023 Operating Results Bentley Systems will release third quarter 2023 operating results, before the market opens, on Tuesday, November 7, 2023. A live Zoom video webinar of the event can be accessed at 8:15 a.m. EST that same day through a direct registration link. 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 for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequent’s software for geoprofessionals, and Bentley Infrastructure Cloud encompassing ProjectWise for project delivery, SYNCHRO for construction management, and AssetWise for asset operations. Bentley Systems’ 5,000 colleagues generate annual revenues of more than $1 billion in 194 countries. Press contact: [email protected]

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