Driving Growth and Transformation in Agriculture Technology

Agriculture Expected Sales Growth Bridge $1.3B1 $150M ~$2.0B • $550M Leveraging Market Growth • • . Constraints on natural resources Food security as national security Significant replacement, service and upgrade opportunity Digital farming management Valmont Actions • • Grow and Transform initiatives Driving international expansion; expect international to be >50% of total Agriculture sales New products, aftermarket parts and solutions Strategically growing Ag Solar Deliver agronomic insights 2022 Equipment & Parts Technology 2027E • Well-Positioned to Drive Above Market Growth CONSERVING RESOURCES. IMPROVING LIFE: Valmont 1 Includes intersegment sales 31

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