Driving Growth and Transformation in Agriculture Technology

Agriculture Overview | Enabling Growers to Do More with Less 2022 Sales Mix 1 ■North America ■ International 57% $1.3B 2022 Sales1 +31% Y/Y 43% 2022 Operating Income ($M) and Operating Margin ■GAAP Adjusted 2 $196 $179 $147 $137 14.4% 14.7% 13.5% 13.4% Product Lines 2022 Sales% Equipment and Parts Technology Products and Services 91% Expected 5-yr CAGR³ 6-8% 9% 15-17% 2021 Leveraging Unique Position in Global Agriculture Market to Deliver Irrigation and Technology Solutions CONSERVING RESOURCES. IMPROVING LIFE. Valmont 1 Includes intersegment sales. 2 Please see Company's Reg G table at end of presentation 3 Five-year period from year end 2022 through year end 2027 2022 21

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