AZZ Results Presentation Deck

ZAZZ Capital Allocation Focused on Growth In millions Q2 2023 Capital Deployment $12.3 $0.0 $0.0 ■Capital Expenditures Acquisitions Share Repurchases $4.2 Dividends 11 Growth Shareholder Return Capital Expenditures Acquisitions Share Repurchases Dividends · - • - Q2 FY2023 EARNINGS PRESENTATION Safety, Health and Environmental Productivity and capacity initiatives General maintenance and sustainability $8.0M Precoat Metals incremental Excludes $2.9M of Capex on discontinued operations Focused on APM integration Portfolio of targets No share repurchases in the quarter Focus remains on reducing existing debt and leverage Approved second quarter FY2023 dividend

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