Investor Presentaiton

AZZ Full Year Financial Guidance FY2020 Range Reported Adjusted In millions, except for EPS Revenue $1,020-$1,060 $1,061 $1,061 Earnings Per Share $2.60-$2.90 $1.84 $2.71 FY2021 Range In millions, except for EPS Revenue $970-$1,060 Earnings Per Share $2.65-$3.15 Discontinuing FY21 Guidance 17 MAY 2020 PRESENTATION Key Drivers: Metal Coatings: ➤ Continued operational execution Lower zinc costs Energy ➤ Executed large refining projects ➤ Electrical platform operational execution Divested NLI at year end Adjustments (refer to non-GAAP table) $18.6 million NLI loss of sale $9.2 million impairment of WSI nuclear assets ➤ $1.9 tax adjustments NLI

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