Investor Presentaiton
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Strategic and Financial Initiatives to Enhance Shareholder Value
Metal Coatings
Focus on Driving Profitable Growth
#1 in hot-dip galvanizing
Strategic plant network with superior
service
■ Highly attractive margins and returns
■ Pipeline of synergistic Metal Coatings.
acquisitions in North America
Resilient performance through
COVID-19 uncertainty
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Infrastructure Solutions
Conducting Comprehensive Review
More severely impacted by COVID-19
Drive cost and margin improvement
Exit of low performing and low value
creation businesses underway
■ Maintaining competitive position to
maximize value in post COVID-19
recovery
■ Evaluating opportunities to accelerate
becoming a focused Coatings
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company
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INVESTOR PRESENTATION
Capital Allocation
Increased Returns to Shareholders
■Deploy balance sheet targeting a net
leverage ratio of 2.5x
Board authorized $100M share
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repurchase program – 1.2 million
shares $48.3 million purchased FY21
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Continued prioritization of coatings
acquisitions
Grow dividend over time
Subject to macro environment
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Strengthened Management Team
■ Appointed CFO with deep accounting, controls and compliance experience.
Appointed SVP of Investor Relations to enhance investor communication
Filled Segment Chief Operating Officer roles with internal promotions in FY2021
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