Valmont Industries — Corporate Update (April 2022)

5 slides from Valmont Industries's corporate update, Apr 6, 2022

Slide 1: Valmont Announces Segment Realignment
© 2020 Valmont® Industries, Inc. VALMONT ANNOUNCES SEGMENT REALIGNMENT April 2022
Slide 2: Two Reportable Segments
Two Reportable Segments • Valmont will have two reportable segments: Infrastructure and Agriculture to align with internal management structure • Infrastructure includes the previous segments of Utility Support Structures, Engineered Support Structures and Coatings • Agriculture is a renaming of the
Slide 3: Realigned Segment Structure
Realigned Segment Structure Previous Segment Structure April 6, 2022 | Valmont Industries, Inc.3 COATINGS IRRIGATION ENGINEERED SUPPORT STRUCTURES UTILITY SUPPORT STRUCTURES AGRICULTUREINFRASTRUCTURE New Segment Structure
Slide 4: Historical Segment Financials
Historical Segment Financials April 6, 2022 | Valmont Industries, Inc.4 2020 Q1 Q2 Q3 Q4 FY FY Sales: Infrastructure segment 549,646$ 617,604$ 634,283$ 693,568$ 2,495,101$ 2,261,804$ Agriculture segment 229,664 281,965 240,331 276,757 1,028,717 645,831 Total 779,310 899,569 874,614 970,325 3,523,818
Slide 5: Adjusted Infrastructure Operating Income – Reconciliation of GAAP to Non-GAAP
Adjusted Infrastructure Operating Income – Including Reconciliation of GAAP to Non-GAAP April 6, 2022 | Valmont Industries, Inc.5 The non-GAAP tables below disclose the impact of 1) the impairment of long-lived assets 2) a write off of a receivable following arbitration of a commercial transaction f