Astec Industries, Inc.NASDAQ: ASTE

2025 ASTECCorporate Sustainability Report

· Issued by Astec Industries, Inc.
2025

CORPORATE

SUSTAINABILITY

REPORT

ASPHALT • CONCRETE • INDUSTRIAL HEATING SYSTEMS • MATERIAL HANDLING • ROAD CONSTRUCTION FORESTRY AND ENVIRONMENTAL RECYCLING • MOBILE CRUSHING AND SCREENING • ROCK BREAKER TECHNOLOGY

CRUSHING •SCREENS AND FEEDERS • WASHING AND CLASSIFYING • ASTEC DIGITAL • TRAINING • PARTS



2 ASTEC INDUSTRIES, INC.



CSR 2025 3

TABLE OF CONTENTS

A Message from our President and CEO 4

ASTEC at a Glance 5

Built to Connect 6

About this Report 7

Industry Changing Innovation 9

Life-Changing Opportunities 13

Creating a Culture of Efficiency 22

Safety as a Core Value 25

Ethical Operations Through Corporate Governance 28

Hands-On Community Impact 33

GRI Index 36

4 ASTEC INDUSTRIES, INC.

A MESSAGE FROM OUR PRESIDENT AND CEO

JACO VAN DER MERWE CEO AND PRESIDENT

At Astec, we are proud of our legacy, but we are even more excited about our future. For over 50 years, we've been connecting communities through innovative Rock to Road solutions. Today,

we are building on that foundation, investing in what matters most: our people, our purpose, and our planet. To us, doing business conscientiously is not just our responsibility; it's a catalyst for building resilience and creating long-term value.

In 2023, we introduced a bold new vision: to build industry changing solutions that create life-changing opportunities. This vision reflects more than just ambition - it inspires us to push boundaries - cultivating a company that is agile, future-ready, and deeply human at its core.

To bring our purpose to life, we've dedicated more resources than ever before to sustainability. We've built a cross-functional team with leadership roles across safety, environmental compliance, external reporting, innovation, and new product development. This team brings the focus, expertise, and accountability needed to embed sustainability into every corner of our business - helping us meet and exceed evolving stakeholder expectations from product development to our own operations.

Thank you from our entire team for your continued trust. We have a lot to celebrate over the last two years, and we know there's more to do. With the right people, the right strategy, and the right mindset, we're building a more thriving Astec - one that's truly Built to Connect.



Jaco van der Merwe President & CEO Astec Industries, Inc.



$1.338B

2023 Net Sales

ASTEC AT A GLANCE

Renowned equipment innovators for over 50 years, Astec offers a full line of high-quality products to facilitate construction from

CHATTANOOGA, TENNESSEE

Headquarters

17

manufacturing locations

around the world

Rock to Road. Our portfolio of products includes rock crushing and screening plants, hot mix asphalt facilities, concrete plants, milling machines, asphalt pavers, and material transfer vehicles - allowing customers to choose the equipment and parts they need from one trusted source. Astec operates through two reportable segments -Infrastructure Solutions and Materials Solutions.

CSR 2025 5

$1.305B

2024 Net Sales



4,148

2024 employees

4,322

2023 employees

INFRASTRUCTURE SOLUTIONS

MATERIALS SOLUTIONS



Asphalt and Concrete Plants, Industrial Heating, Construction Machinery

Crushing and Screening for Raw Materials

All numbers represent year-end data (as of December 31 of the reporting year), unless otherwise noted. Numbers do not include recent acquisition.

OUR LOCATIONS

as of December 31, 2024

Astec's footprint extends worldwide, with operations in the United States, Canada, Chile, Brazil, South Africa, United Kingdom, Australia, France, India, and Thailand.

We employ over 4,000 people worldwide and remain committed to growing our expertise, services, and teams in ways that align with our strategic goals and long-term vision. Building on our advanced digital solutions for the asphalt sector, we acquired MINDS Automation Group Inc. in 2022, forming the ASTEC Digital division to provide even greater support and expertise to our customers. More recently, we acquired a portfolio of companies via TerraSource Holdings, Inc. to boost our global market presence and value.