Jacobs Solutions Inc. (the Company) and its wholly-owned subsidiary, Jacobs Engineering Group Inc. (the Guarantor), entered into an underwriting agreement on February 24, 2026, for a public offering of senior notes. The offering comprises $800 million aggregate principal amount of 4.750% Senior Notes due 2031 and $500 million aggregate principal amount of 5.375% Senior Notes due 2036, totaling $1.3 billion. The Company expects to receive net proceeds of approximately $1,286 million from the sale of these notes, after deducting underwriting discounts and estimated expenses. The primary intended use of the net proceeds is to finance the cash consideration for the acquisition of PA Consulting Group Limited (the Acquisition). Pending the completion of the Acquisition, net proceeds will be used to repay outstanding amounts under the Company's revolving credit facility and term loan facility. Upon consummation of the Acquisition, the cash consideration will be financed with additional term loan borrowings, with any remaining proceeds allocated to general corporate purposes. The completion of the notes offering is not conditioned upon the consummation of the Acquisition. PA Consulting Group Limited shareholders overwhelmingly approved the Acquisition on February 26, 2026, with more than 97% of voting shareholders, representing over 99% of share value, voting in support. Remaining conditions for the Acquisition include the sanction of the High Court of Justice in England and Wales and approval from the UK Secretary of State under the UK National Security and Investment Act 2021. The notes are senior unsecured obligations and are fully and unconditionally guaranteed by Jacobs Engineering Group Inc. The notes offering is expected to close on March 3, 2026, subject to customary closing conditions.