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1、2022Annual ReportDear Fellow Shareholders,In 2022,Exponent succeeded in what it does best:leveraging engineering and scientific excellence to deliverbreakthrough insights to clients,beneficial impact to society,and increased value to shareholders.Clients acrossindustries brought their hardest questi
2、ons and toughest challenges to our doorstep,and our multidisciplinary team ofengineers,scientists,and corporate staff collaborated to create clarity and illuminate the path forward.We achievedsolid financial results in fiscal year 2022,growing net revenues by 7%over the prior year and expanding earn
3、ings perdilutedsharewhile contendingwith an evolving anduncertain macroeconomic environment.Our successful executionin 2022 demonstrated the strength and resiliency of our business model as well as the dedication of our world-classteam.As innovation and technology become increasingly complex,the cri
4、tical nature of our insights uniquely positionsExponent to address our clients needs throughout the product lifecycle.We continue to bring scientific rigor to theanalysis of major events,from structural and product failures to chemical spills to natural disasters and beyond butwere also advising cli
5、ents as they grapple with uncharted,forward-looking questions about climate resilience,healthequity,artificial intelligence,and more.Whether youre a utility confronted with the challenge of asset hardening,alife sciences firm seeking to digitally transform your clinical trials,an automotive manufact
6、urer pushing the limits ofdriver assistance systems and electrification,or an electronics company at the cutting edge of virtual and augmentedreality,Exponent is where your challenge meets its match.When getting it right matters,clients rely on Exponent toprovide critical data,analyses,and insights