Bentley Systems, Incorporated Declares Fourth Quarter 2024 Dividend Press Release November 22, 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 fourth quarter of 2024. The cash dividend is payable on December 12, 2024, to all stockholders of record of Class A and Class B common stock as of the close of business on December 3, 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

Seequent and the International Geothermal Association Partner to Unlock Geothermal Energy’s Potential for a Sustainable Future Geothermal has been overlooked as a key renewable energy source, says IGA and Seequent Press Release November 21, 2024 AUCKLAND, NEW ZEALAND, 21 November 2024 – Seequent, The Bentley Subsurface Company, today announced a strategic partnership with the International Geothermal Association (IGA) to boost geothermal energy’s role as a sustainable and reliable renewable energy source. Geothermal draws energy from hot fluids travelling through the Earth’s subsurface. These fluids are utilised to drive turbines producing electricity, directly to heat homes or in industrial processes. Traditionally, geothermal energy has been viewed as energy restricted to environments where it is visible – however new technological breakthroughs and the realities of needing 24/7 access to energy are changing the investment landscape. The International Geothermal Association is the leading global platform on geothermal energy. Marit Brommer, Chief Executive Officer, IGA, said: “Geothermal energy has been overlooked as a reliable and sustainable energy source. It is uniquely positioned to provide this, and partnerships like this are essential to accelerating its growth. We are excited to partner with Seequent, whose technological innovations in subsurface modelling bring clarity to geothermal development, empowering

Bentley Systems Announces Third Quarter 2024 Results Press Release November 7, 2024 EXTON, Pa.- Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced results for the quarter ended September 30, 2024. Third Quarter 2024 Results Total revenues were $335.2 million, up 9.3% or 9.1% on a constant currency basis, year-over-year; Subscriptions revenues were $303.2 million, up 12.0% or 11.8% on a constant currency basis, year-over-year; Annualized Recurring Revenues (“ARR”) was $1,270.7 million as of September 30, 2024, compared to $1,124.8 million as of September 30, 2023, representing a constant currency ARR growth rate of 12%; 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 20.5%, compared to 24.0% for the same period last year; Adjusted operating income inclusive of stock-based compensation expense (“Adjusted OI w/SBC”) margin was 26.7%, compared to 28.2% for the same period last year; Net income per diluted share was $0.13, compared to $0.16 for the same period last year; Adjusted net income per diluted share (“Adjusted EPS”) was $0.24, compared to $0.22 for the same period last year; and Cash flows from operations was $86.1 million, compared to $72.8 million

Blyncsy Achieves Sustainability Partner Designation in the Google Cloud Partner Advantage Program Google Cloud Recognizes Blyncsy as Part of Google Cloud Ready – Sustainability Program Press Release November 4, 2024 SALT LAKE CITY, UT — Blyncsy, a Bentley Systems, Incorporated (Nasdaq: BSY) company, today announced that it has achieved the Google Cloud Ready – Sustainability designation in the Google Cloud Partner Advantage Program. By earning the Sustainability designation, Blyncsy has proven its success in building and producing solutions and tools on Google Cloud to help customers achieve their sustainability and Environmental, Social, Governance (ESG) goals. The designation was awarded based on Blyncsy’s AI-powered road maintenance and asset inventory technology, which is used by state Department of Transportation (DOT) agencies across the United States to conduct automated roadway inspections using crowdsourced dash camera imagery combined with AI analytics. Insights provided by Blyncsy’s technology can supplant the need for state DOT operations and maintenance departments to conduct manual inspections of roadway conditions, which can help remove tens of thousands of pounds of carbon emissions from the air annually for each vehicle removed from these costly activities. The new solutions of the Google Cloud Ready – Sustainability partner program will help customers achieve

Bentley Systems Announces Winners of its 2024 Partner Excellence Awards Press Release October 29, 2024 Exton, PA — Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the winners of its 2024 Partner Excellence Awards. These annual awards recognize Bentley partners for their excellence in business efficiency, user experience, and overall performance through innovation in business, technology, and software sales and development. This year’s winners were selected from among 20 finalist organizations from 17 countries in seven categories. The awards event was held during Bentley’s 2024 Partner Summit, October 22 – 24, in Nice, France. “This year, we had an exciting array of Partner Excellence Award submissions, highlighting innovation and exceptional business acumen,” said Tom Kurke, vice president, Ecosystem & Ventures at Bentley Systems. “We honor the achievements of the winners as they demonstrated remarkable expertise in optimizing operational performance, enhancing user engagement, and driving forward-thinking strategies in sales and technology development. Their contributions reflect a deep commitment to driving impactful results and fostering innovation to advance the world’s most critical infrastructure.” 2024 Bentley Partner Excellence Award Winners: BUSINESS TRANSFORMATION CitiME Consultancy L.L.C. Recognition: Integrating Micromobility Modelling in Abu Dhabi’s Transport Model Location: United Arab Emirates, Middle

Blyncsy Publishes Map of U.S. Interstate Highways Showing Roadway Assets to Enhance Safety, Maintenance, and Accelerate the Digital Infrastructure Movement Nationally Blyncsy empowers state DOTs with the ability to monitor and compare—in near real-time—the status of any major highway in the continental U.S. with their existing data for more informed decision-making Press Release Using AI image analysis, Blyncsy’s comprehensive public map of U.S. interstate highways can identify key roadway assets such as speed limit signs and traffic cones. (Photo: Blyncsy) October 29, 2024 Philadelphia — 2024 AASHTO Annual Meeting & Expo — Blyncsy, a Bentley Systems, Incorporated (Nasdaq: BSY) company, today announced it published a comprehensive public map of all interstate highways in the continental United States showing key roadway assets such as guardrails, speed limit signs, and work zones to support roadway safety and maintenance conditions. This data is now available to all state U.S. Department of Transportation (DOT) agencies, enabling them to better address safety, maintenance, and repair operations of deteriorating and at-risk roads more efficiently and cost-effectively, especially during times of natural disasters. The new Blyncsy interstate highway map uses crowdsourced dash camera imagery from over 1 million vehicles in use today which, when coupled with Blyncsy’s powerful

Bentley Systems to Announce Third Quarter 2024 Results on November 7, 2024 Press Release October 16, 2024 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, will release its third quarter 2024 results before the market opens on Thursday, November 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: Thursday, November 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 software for

Bentley Systems Announces Winners of the 2024 Going Digital Awards Company also recognizes select projects with Founders’ Honors for advancing infrastructure Press Release Bentley Systems announced the winners of the 2024 Going Digital Awards on October 9, 2024 October 9, 2024 VANCOUVER (Bentley Systems’ Year in Infrastructure 2024) – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the winners of the 2024 Going Digital Awards. The annual awards honor the extraordinary work of infrastructure professionals and their innovative use of Bentley software to improve the way infrastructure is designed, built, and operated. This year, 250 projects were nominated by organizations in 36 countries. Winners were selected from among 36 finalists in 12 categories by a panel of independent judges during Bentley’s Year in Infrastructure event, held October 8 and 9 in Vancouver, Canada. “This year, we received an impressive variety of submissions for the Going Digital Awards from users across the globe, showcasing groundbreaking projects that exemplify the future of infrastructure,” said Kristin Fallon, chief marketing officer at Bentley Systems. “Today, we celebrate the extraordinary achievements of our finalists and winners. These visionary teams demonstrate the power of going digital across the infrastructure lifecycle to improve

Bentley Systems’ New Carbon Analysis Capabilities Help Reduce Infrastructure’s Carbon Footprint Bentley makes carbon impact analysis a systematic part of the design process for new and existing infrastructure assets, simplifies embodied carbon reporting with added 3D visualizations Press Release Example of Bentley’s Carbon Analysis capabilities: Embodied carbon grouping of common components for reporting (Photo: Bentley Systems) October 9, 2024 VANCOUVER (Bentley Systems’ Year in Infrastructure 2024) – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the general availability of new Carbon Analysis capabilities in iTwin Experience to assess and reduce carbon impacts for more sustainable infrastructure. The new Carbon Analysis capabilities enable infrastructure engineers to simplify carbon reporting, easily visualize embodied carbon, and rapidly explore alternatives for better designs Embodied carbon is the carbon footprint of an asset before it is built, encompassing the greenhouse gases emitted during the construction process. Bentley’s new Carbon Analysis capabilities deliver a “cradle-to-gate” assessment of a design’s carbon footprint, from raw material extraction until it leaves the factory’s gate—which represent the largest contributors to embodied carbon. “Between now and 2050, embodied carbon linked to new infrastructure, is projected to be responsible for half of the world’s carbon footprint released—even before the

Bentley Systems Announces Generative AI Game-Changer for Civil Site Design Company unveils first-to-market AI-powered civil engineering application that delivers optimized, accurate site designs up to 10 times faster than traditional methods Press Release Bentley’s OpenSite+ software uses AI to automate annotation and plan production for civil site design. (Photo Bentley Systems) October 9, 2024 VANCOUVER (Bentley Systems’ Year in Infrastructure 2024) – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced new generative AI capabilities for civil site design, including a design copilot, site layout optimizations, and automated drawing production that will drive new levels of productivity and accuracy. Building on its success in applying AI-powered digital twins to asset maintenance—to detect and assess problems before failures occur—Bentley is bringing AI to the design phase of the infrastructure lifecycle to automate repetitive tasks, such as drawing production, so that engineers can focus on higher-value activities. Putting AI into Action—Introducing OpenSite+ Bentley’s OpenSite+ is the first engineering application leveraging generative AI for civil site design. It helps engineers swiftly design residential, commercial, and industrial sites with AI tools, significantly boosting productivity and accuracy. A digital twin-native product, built with Bentley’s iTwin platform, OpenSite+ delivers AI-powered efficiencies and better-quality

Bentley Systems: Open Data Ecosystems to Advance Infrastructure Engineering At its Year in Infrastructure conference, Bentley highlights the value of open data ecosystems to improve infrastructure resilience and sustainability Press Release Example of an open data ecosystem enabled by iTwin to allow users access to photorealistic Google 3D tiles, based on Cesium technology. (Photo: Bentley Systems) October 9, 2024 VANCOUVER (Bentley Systems’ Year in Infrastructure 2024) — Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, unveiled its vision for open data ecosystems to advance infrastructure engineering at its annual Year in Infrastructure conference. During the event, Bentley executives were joined by representatives from global engineering and construction firms and infrastructure owner-operators to discuss how infrastructure professionals can improve project delivery and asset performance. “The future of infrastructure engineering is open,” said Bentley CEO Nicholas Cumins during his keynote address. “It’s flexible, collaborative, and built on a foundation of data that can be shared securely. At Bentley, we are leading the way—ensuring that the applications, platforms, and solutions we create meet the evolving needs of our industry.” Cumins explained that infrastructure sectors can no longer afford to work in silos, with data locked away in proprietary systems. The secure

Bentley Systems Partners with Google to Bring Powerful Geospatial Context and Capabilities to Infrastructure Collaboration enables use of Google 2D, 3D geospatial content within Bentley’s applications and platforms to deliver actionable insights to infrastructure professionals Press Release Google 3D tiles of Vancouver, enabled through Cesium technology, that will be available within iTwin. (Photo: Bentley Systems) October 9, 2024 VANCOUVER (Bentley Systems’ Year in Infrastructure 2024) — Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced a strategic partnership with Google to integrate Google’s high-quality geospatial content with Bentley’s infrastructure engineering software and digital twin platform to improve the way infrastructure is designed, built, and operated. As a digital representation of the physical world, digital twins unlock meaningful value and insights throughout the infrastructure lifecycle, from project planning and design through construction and asset operation. By leveraging the engineering data created and managed in Bentley software alongside Google’s geospatial data, AI and analytics, and cloud technologies, engineers can design and manage infrastructure in context and at scale to address today’s most urgent challenges, from mitigating climate risk to maintaining aging infrastructure. Through the partnership, Bentley software users and developers can use Google Maps Platform’s geospatial content, including Google’s stunning

Bentley Systems Acquires 3D Geospatial Company Cesium Combination of Cesium Plus iTwin Offers Developers the Most Comprehensive Digital Platform for the Built and Natural Environment Press Release Example of a design review process leveraging the Cesium integration with iTwin Platform September 6, 2024 EXTON, Pa.–Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced it has acquired 3D geospatial company Cesium. Cesium is recognized as the foundational open platform for creating powerful 3D geospatial applications, and its 3D Tiles open standard has been widely adopted by leading enterprises, governments, and tens of thousands of application developers globally. Cesium ion, the company’s SaaS platform, brings 3D geospatial experiences to more than 1 million active devices every month, while Cesium’s open-source offerings have more than 10 million downloads. Bentley’s iTwin Platform powers digital twin solutions that are used by engineering and construction firms and owner-operators to design, build, and operate the world’s infrastructure. The combination of Cesium plus iTwin enables developers to seamlessly align 3D geospatial data with engineering, subsurface, IoT, reality, and enterprise data to create digital twins with astonishing user experiences that scale from vast infrastructure networks to the millimeter-accurate details of individual assets—viewed from land, sky, and

Bentley Systems, Incorporated Declares Third Quarter 2024 Dividend Press Release September 5, 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 third quarter of 2024. The cash dividend is payable on September 26, 2024, to all stockholders of record of Class A and Class B common stock as of the close of business on September 17, 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

Bentley Systems Announces the Finalists of the 2024 Going Digital Awards Winners to be Announced on October 9 at Bentley’s 2024 Year in Infrastructure and Going Digital Awards Event in Vancouver Press Release August 15, 2024 EXTON, PA.– Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the finalists of the 2024 Going Digital Awards. The annual awards event honors the extraordinary work of Bentley’s global users, showcasing how innovative software enables the advancement of the world’s infrastructure for better quality of life. This year, 36 finalists, across 12 categories, were selected from over 250 nominations submitted by organizations in 36 countries. Representatives from the finalist organizations will present their projects to a panel of 34 independent judges, to determine the award winners. Winners will be revealed on October 9, during the 2024 Going Digital Awards event, held at the JW Marriott Parq Vancouver. More information about each finalist project can be found on Bentley’s website here. “Infrastructure is essential. It connects us locally and globally, supporting our society and economic growth and development,” said Kristin Fallon, chief marketing officer, Bentley Systems. “This year’s Going Digital Awards finalists represent an impressive mix of international projects that are pushing the boundaries of

Bentley Systems Announces Second Quarter 2024 Results Press Release August 6, 2024 EXTON, Pa.- Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced results for the quarter ended June 30, 2024. Second Quarter 2024 Results Total revenues were $330.3 million, up 11.3% or 11.9% on a constant currency basis, year-over-year; Subscriptions revenues were $297.4 million, up 14.7% or 15.3% on a constant currency basis, year-over-year; Annualized Recurring Revenues (“ARR”) was $1,215.9 million as of June 30, 2024, compared to $1,105.9 million as of June 30, 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 24.3%, compared to 18.0% for the same period last year; Adjusted operating income inclusive of stock-based compensation expense (“Adjusted OI w/SBC”) margin was 28.8%, compared to 24.7% for the same period last year; Net income per diluted share was $0.22, compared to $0.15 for the same period last year; Adjusted net income per diluted share (“Adjusted EPS”) was $0.31, compared to $0.24 for the same period last year; and Cash flows from operations was $62.6 million, compared to $80.6 million for