Sterling Construction Company, Inc. Announces a Director Retirement and the Election of a New Independent Director

Sterling Construction Company, Inc. (NasdaqGS: STRL) (“Sterling” or the
“Company”) today announced the retirement of Maarten Hemsley from the
Board of Directors, and the election of a new Director, Thomas M. White.
Mr. White was also appointed to the Board’s Audit, Compensation, and
Corporate Governance & Nominating Committees.

Mr. White has over 35 years of experience in financial and operational
management positions. Mr. White is currently the Executive Chairman of
Cardinal Logistics Management Corporation, a nationwide provider of
dedicated transportation and logistics services. From 2007 to 2014 he
was an operating partner with Apollo Global Management where he held
leadership and Board positions with several portfolio companies. From
2002 to 2007 Mr. White was the CFO, SVP and Treasurer for Hub Group,
Inc., a North American freight transportation company. Previously he was
a senior partner with Arthur Andersen. In addition to his position as
Executive Board Chairman of Cardinal Logistics, Mr. White currently sits
on the board of Reddy Ice, Inc. and JPW Holdings GP LLC. Mr. White has
previously served on the boards of CEVA Logistics, plc., Landauer, Inc.,
Evertec, Inc., FTD Group, Inc. and Quality Distribution, Inc.

In a joint statement, Sterling’s Board Chairman, Milton Scott, and Chief
Executive Officer, Joe Cutillo, stated, “We’d like to thank Maarten
Hemsley for his decades of service to Sterling Construction. Maarten has
been a director of the Company since 1998. Sterling has benefitted
greatly from Maarten’s steadfast loyalty and valuable insights through
our Company’s challenging and prosperous times alike, and we wish him
all the best as he moves forward in this next phase of his exceptional
career. At the same time, we are very pleased to welcome Tom White to
our Board. Tom is a highly-accomplished individual with a deep
background in accounting, finance, operations and strategy, along with
senior management, leadership and Board experience. We look forward to
working with him and capitalizing on his team insight, seasoned
experience and independent voice on our Board for the benefit of our
employees, customers and shareholders.”

Sterling is a construction company that specializes in heavy civil
construction and residential concrete projects primarily in Arizona,
California, Colorado, Hawaii, Nevada, Texas, Utah and other states in
which there are feasible construction opportunities. Our heavy civil
construction projects include highways, roads, bridges, airfields,
ports, light rail, water, wastewater and storm drainage systems,
foundations for multi-family homes, commercial concrete projects and
parking structures. Our residential construction projects include
concrete foundations for single-family homes.

This press release includes certain statements that fall within the
definition of “forward-looking statements” under the Private Securities
Litigation Reform Act of 1995. Any such statements are subject to risks
and uncertainties, including overall economic and market conditions,
federal, state and local government funding, competitors’ and customers’
actions, and weather conditions, which could cause actual results to
differ materially from those anticipated, including those risks
identified in the Company’s filings with the Securities and Exchange
Commission. Accordingly, such statements should be considered in light
of these risks. Any prediction by the Company is only a statement of
management’s belief at the time the prediction is made. There can be no
assurance that any prediction once made will continue thereafter to
reflect management’s belief, and the Company does not undertake to
update publicly its predictions or to make voluntary additional
disclosures of nonpublic information, whether as a result of new
information, future events or otherwise.

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