Investor Presentation

Portfolio Transformation Creates a Focused Market Leader in Protective Coating Solutions with High Margins AZZ in 20191 69% ~$163mm Adj. EBITDA¹ 31% Acquisition of Precoat Metals AZZ Infrastructure Solutions Metal Coatings 17.6% Adj. EBITDA Margin³ Divestiture of AZZ Infrastructure Solutions Note: Pie charts represent breakdown of EBITDA (1) Based on fiscal year ending February 28, 2019 Z (2) Based on last twelve months ending November 30, 2022 (3) EBITDA excludes corporate expense Ⓡ AZZ Today2 ~$345mm 45% 55% Adj. EBITDA³ ■ Precoat Metals ■Metal Coatings 23.7% Adj. EBITDA Margin³ INVESTOR PRESENTATION 6

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