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Investor Presentaiton

ZAZZ Overview • MAY 2020 PRESENTATION AZZ is a global provider of galvanizing and metal coating services, welding solutions, specialty electrical equipment and highly engineered services to the power generation, transmission, distribution, refining and industrial markets. Solid Operating History 33 Consecutive Years of Profitability Revenue 10-year CAGR – 12% - Significant Cash Generation . Industry Leading Operating Margins Solid Balance Sheet • Debt to Equity Ratio: 0.32x Significant Barriers to Entry Largest North American Galvanizer 48 Metal Coatings Plants . Large Network of Plants - Economies of Scale and Quick Turnarounds (<24hrs) ~4,000 Customers DGS: High-tech Solutions Outperform Competitors Strong Performance Double Digit Top- and Bottom-Line Growth Record Fiscal Year 2020 Revenue: $1.1 Billion, up 14.5% Adjusted Net Income: $71.3 million, up 39% Adjusted EBITDA: $156.3 million, up 22% Valuation Trading Discount to Comparable Group: EV/EBITDA: 36% EV/Sales: 14% P/E Ratio: 31% *Data as of May 15, 2020 3
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