Dear Valued Stakeholders:
As we reflect on 2025, I am pleased to share the meaningful progress we achieved together at NWPX Infrastructure, Inc. This was a year defined by record performance, disciplined execution, and continued advancement of our long‑term strategy. Our results demonstrate the strength of our markets, the quality of our operations, and the dedication of our employees across the Company.
Leading With Safety
Safety remains the cornerstone of our culture and the foundation of everything we do at NWPX. In 2025, we delivered another record year of safety performance, achieving a Total Recordable Incident Rate of 1.06, the lowest in our history. This accomplishment is the result of our team’s vigilance and professionalism, and it reinforces the stability and reliability of our operations. I want to thank every employee for their commitment to maintaining a safe and rewarding workplace.

Richard A. Roman
Richard A. Roman has been a director of the Company since 2003 and the Chairperson of the Board of Directors since January 2013. Mr. Roman has also served as our CEO from March 2010 until December 2012, and as President from October 2010 until December 2012. Previously, Mr. Roman was the President of Columbia Ventures Corporation, a private investment company which historically has focused principally on the international metals and telecommunications industries. Prior to joining Columbia Ventures Corporation in 1992, Mr. Roman was a partner at Coopers & Lybrand, an independent public accounting firm. Currently, he is a member of our Executive Committee and a member of our Audit Committee. Mr. Roman brings to the Company his knowledge and experience as a partner at a large national independent public accounting firm as well as his more recent management experience as an executive officer of a private investment company.
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Executive Committee
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