October 21, 2025 Valmont® © 2025 Industries, Inc. Disclosure Regarding Forward-Looking Statements These slides (and the accompanying oral discussion) contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on assumptions made by management, considering its experience in the industries where Valmont operates, perceptions of historical trends, current conditions, expected future developments, and other relevant factors. It is im ...

Financial Performance - Net sales increased by 1% to $1.05 billion[9, 23] - GAAP operating margin was 2.8%[9] - Adjusted operating margin decreased by 70 BPS to 13.5%[9] - Operating cash flows increased by 28.1% to $167.6 million[9] - Adjusted diluted EPS decreased by 0.6% to $4.88[23] Strategic Initiatives and Outlook - The company completed organizational realignment work, expecting $22 million in annualized savings in 2026, with $8 million in 2H 2025[8, 16] - The company is investing $100 million of growth capex in 2025 to add capabilities and capacity[11] - The company repurchased $100 million of shares in Q2 at an average price of $279.35 per share[38] - Full-year 2025 adjusted diluted EPS outlook is raised from $17.20-$18.80 to $17.50-$19.50[41] Segment Results - Infrastructure sales increased by 0.4% to $765.5 million, while adjusted operating income decreased by 6.7% to $124.6 million[28] - Agriculture sales increased by 2.7% to $289.4 million, and adjusted operating income increased by 12.2% to $44.8 million[33]