Investor Presentation

Fiscal Year 2024 Guidance Reiterates Previously Issued FY2023 Guidance Comparative FY2023 Guidance (Continuing Operations) FY 2024 Guidance (Continuing Operations)(1) Sales(2) $1.27 - $1.35B $1.27 - $1.35B $1.40 - $1.55B Adjusted EBITDA (3) $285 - $305M $245 - $275M $300 - $325M Adjusted Diluted EPS(3)(4) $4.05 - $4.25 $3.20 - $3.60 1. FY2024 guidance excludes equity income from AZZ's minority interest in the AIS JV, as the business transitions from a public company to a private company. The AIS JV comprises the Company's Infrastructure Solutions segment. FY2024 guidance does not include the impact of any potential future acquisitions. Relative to mid-point of FY2023 guidance 2. Sales for all guidance presented includes continuing operations only. 3. 234 4. Adjusted EBITDA and Adjusted Diluted EPS for previously issued FY2023 guidance includes both continuing operations and discontinued operations Adjusted Diluted EPS and adjusted EBITDA for previously issued FY2023 guidance has been adjusted to add back depreciation and amortization related to the Precoat acquisition, as well as acquisition and transaction related expenditures. Comparative FY2023 guidance has been adjusted to add back acquisition and transaction related expenditures. Comparative FY2023 and FY2024 guidance has been adjusted to add back amortization associated with the Company's intangible assets stemming from previous acquisitions. $3.85-$4.35 INVESTOR PRESENTATION 23

View entire presentation