Investor Presentaiton

ZAZZ COVID-19 Summary Impact on Financial Results Balance Sheet/ Liquidity ■ Discontinued previously issued guidance ■ Galvanizing business remains solid, Electrical business continuing to process backlog, Industrial seeing shift of projects out of Q1 and into Q2 and Q3. Cash balance of $36.7 million as of 2/29/2020; Free cash flow of $144.8 million for FY20 Debt balance of $203.0 million at end of FY20, Adjusted annual EBITDA of 157.3 million at end of FY20 Available revolving debt capacity of $357.1 million at end of FY20 - North America – All plants are open and operating Operational Impacts R.O.W - Poland, Brazil operations open; Remote field services constrained, China re-opening Following CDC and WHO guidelines for cleaning and disinfecting, social distancing, health and safety, PPE Limiting travel and plant visitations, increased telecommuting Froze executive compensation Mitigation Efforts Capital Allocation Decisions Situational Awareness Reducing capacity to align with demand through furlough's and RIF's Hiring restrictions imposed ■ Suspended share repurchase; Announced dividend to be paid on May 21, 2020 ■ Reduced CapEx to critical safety and operational needs Travel restrictions slowing acquisition activity ■ AZZ's Leadership team in direct contact with the White House, CDC, and other governmental agencies. Participating in several briefing calls and staying abreast of current situation as it evolves by country and state. 4 MAY 2020 PRESENTATION

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