Investor Presentaiton

GROWTH BUSINESSES OUTLOOK Demand outlook is attractive with additional tailwinds from increased infrastructure spending Construction Products Infrastructure spending is on the rise as indicated by increased FY2022 state DOT letting activity in our key markets % Change in FY2022 State Letting Value vs. 5 Year Average¹ Engineered Structures Forecasted Utility CAPEX driven by increased federal infrastructure funding and renewable energy capacity needs U.S. and Canadian Electric Utility Transmission Reported CAPEX ($B)² 19% 84% 86% 69% 70 73% 57% 60 50 36% 40 19% 30 OK PA TN TX 20 Actual Forecast • AL AZ KY LA Infrastructure spending up due to increased federal funding from IIJA and healthy state DOT budgets Healthy demand for non-residential and multi-family construction ⚫ Recent affordability erosion weakening momentum in single- family residential construction; medium-term outlook supported by population migration into our key markets • Strong pricing increases through 2023 build on 2022 gains Active pipeline of organic and bolt-on growth opportunities 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 • • • • Strong backlog visibility for utility and traffic structures, driven by grid-hardening and road infrastructure investments Future demand catalysts from the electrification of vehicles and connecting renewable energy to the grid Wireless 5G telecom buildout softening after initial build out phase but expected to drive solid long-term demand Healthy DOT spending in Florida and other Southeastern states, with opportunities to grow in Texas and other markets 1Wallstreet research; 2The C Three Group, Sept. 2023 16 MOVING INFRASTRUCTURE FORWARD I 2023 A

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