Driving Growth and Transformation in Agriculture Technology slide image

Driving Growth and Transformation in Agriculture Technology

Reinvesting to Enable Grow and Transform Strategy Capital Expenditures by Category $107M $108M $97M $93M Grow Investment Examples International Irrigation Expansion -$135M $25M 100% Capital Investment Additional Capacity Historical H+ Infrastructure: Large Pole Capacity Expansion Pipeline $40M >10% Capital Investment Additional Capacity Transform Investment Examples Infrastructure: Coatings Customer Agriculture Aftermarket Communication Solution Digitization Pipeline $20M Capital >2x Investment Sales Growth 2019 2020 2021 ■Maintenance ■Growth 2022 Next 5yr Annual ■Digital Average Targeted CapEx to support our high growth markets, address labor constraints, improve productivity and accelerate innovation Historical $3M Capital Investment ~4x Net Promoter Score Improvement Driving Growth with a Disciplined Approach to Investing in High ROIC Projects CONSERVING RESOURCES. IMPROVING LIFE. Valmont 88
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