Ricardo, Inc. Detroit Technology Campus

PRESS RELEASE

23 April 2019

Ricardo named as one of `America's Best Management Consulting Firms 2019'

Ricardo, Inc.

Detroit Technology Campus

40000 Ricardo Drive

Van Buren Township, MI 48111 USA

For the fourth year running, Ricardo Strategic Consulting has been cited by Forbes among America's leading management consultants ? among more than 50,000 firms active within the US market

Ricardo can reveal today that for the fourth year in succession, it is included in Forbes' America's Best Management Consulting Firms, a list identifying which management consultancies are providing business sectors with the best guidance on their practice. To compile this list of America's Best Management Consulting Firms, Forbes collaborated with online statistics provider Statista. Some 7,500 partners and executives of management consultancies were surveyed, as well as 1,000 senior executives who worked with such firms over the last four years.

Ricardo Strategic Consulting is the global management consulting subsidiary of Ricardo, serving the automotive and transportation industries. It offers a comprehensive portfolio of management consulting services, advises global leaders on high-impact global strategic issues and solves operational challenges at every stage of the value chain.

"To be recognized by our customers through the Forbes Award as one of the Industry's Best Management Consulting companies for the fourth year in a row is both humbling and gratifying, and a true testament to our deep client relationships and commitment to collaboration," said Derek Schlonsky, president of Ricardo Strategic Consulting North America. "We are extremely proud of the effort our professionals put into becoming trusted advisors and true partners with our clients. The feedback is clear that our value proposition and delivery excellence is generating the powerful customer response required to earn this type of recognition."

Ends

NOTES TO EDITORS:

Ricardo plc is a global, world-class, multi-industry consultancy for engineering, technology, project innovation and strategy. Our people are committed to providing outstanding value through quality engineering solutions focused on high efficiency, low emission, class-leading product innovation and robust strategic implementation. With a century of delivering excellence and value through technology, our client list includes the world's major transportation original equipment manufacturers, supply chain organizations, energy companies, financial institutions and governments. Guided by our corporate values of respect, integrity, creativity & innovation and passion, we enable our customers to achieve sustainable growth and commercial success. Ricardo is listed in the FTSE4Good Index, which identifies global companies that demonstrate strong environmental, social and governance (ESG) practices. Ricardo, Inc. is the US subsidiary of Ricardo plc. For more information, visit .

Ricardo, Inc.

Detroit Technology Campus

40000 Ricardo Drive

Van Buren Township, MI 48111 USA

Ricardo Strategic Consulting (RSC) is one of the world's leading management consultancies serving the automotive & transportation industries. RSC offers a comprehensive portfolio of management consulting services, advising global leaders on high-impact global strategic issues and solving operational problems at every stage of the value chain. Our capabilities include services in the following service lines: design optimization and cost reduction, technology strategy, mergers and acquisitions, growth strategy, market intelligence, operations strategy, organizational management, procurement strategy, new product development, and sales and marketing.

Media contacts:

Taylor Lee Ricardo Strategic Consulting Tel. +1 (734) 394-3866 E-mail: taylor.lee@

Anthony Smith Ricardo Media Office Tel: +44 (0)1273 382710 E-mail: media@

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