Driving Growth and Transformation in Agriculture Technology slide image

Driving Growth and Transformation in Agriculture Technology

Building on a Strong Foundation to Accelerate Growth Across Our Business Where We Were: 2018 • Four segments Transitioning organizational structure ~10,000 employees; limited technology (Machine learning and Al) expertise Early stages of elevating commitments to ESG Initial building of elements for centralized operations and support structures Where We Are: 2023 • Two segments • Centralized and resilient organizational structure • ~11,000 employees with intentional shift in skill sets: more tech savvy having hired over 200 new tech professionals with deep experience in machine learning, computer vision, agronomy and data science. Initiated fellowship program to further upskilling Delivering innovation and technology to solve customers' challenges while continuing R&D investments Driving operational excellence with ESG focus . CH Where We Are Going: Next 3-5 Years . • Utilize our market leading position to bring innovative solutions to our customers' challenges Capturing opportunities in our rapidly growing markets. Increasing recurring revenue and driving more resilient demand Delivering disruptive technologies that enable us to transform the industries we serve Continue to optimize shared service structure for maximum SG&A leverage Targeted investments in solutions that drive growth, efficiency and contribute to our customers' and Valmont's sustainability goals CONSERVING RESOURCES. IMPROVING LIFE. Valmont 7
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