Please wait

Exhibit 2.01
Resource Extraction Payment Report
Project-level disclosure
On April 24, 2023, Granite Construction Incorporated (the “Company”) acquired Coast Mountain Resources (2020) Ltd. which changed its name to Granite Infrastructure Canada, Ltd. ("Granite Canada") on May 13, 2024. Granite Canada is a construction aggregate producer based in British Columbia, Canada operating on Malahat First Nation land. As a consequence of the acquisition, the Company pays royalties for extracted aggregates to the Malahat First Nation. See table below (in thousands) for payments made to the Malahat First Nation for the year ended December 31, 2023.
ProjectTypeGovernmentCountry and SubdivisionCurrency UsedSegmentResourceMethod of ExtractionTotal Payments
Granite CanadaRoyalty Foreign Government - Tribal GovernmentCA-BCCADMaterialsHard RockOpen Pit$176 
Government-level disclosure
The Company files a consolidated income tax return in the United States (“U.S.”) that includes all U.S. entities. The Company pays U.S. corporate income taxes based on income before income taxes of the entire U.S. group rather than on a project-by-project basis. The amount (in thousands) in the below table for the year ended December 31, 2023 is based on the consolidated income before income taxes of the Company.
TypeGovernmentCountryCurrency UsedTotal Payments
Income TaxesFederal GovernmentUnited StatesUSD$7,571