AZZ : Investor Presentation (AZZ Investor Deck Final 07102025)

Published: 2025-07-11 16:33:05 ET AZZ

Published on 07/11/2025 at 16:33

Investor Presentation

July 10, 2025

(NYSE: AZZ)

Why Invest in AZZ?

Differentiated, high value-add metal coatings provider with scale, expertise and customer centric technology uniquely positioned to serve the growing North American steel and aluminum markets

Strong business foundation capable of growing sales and margins at or above market levels, supported by multi-year secular growth drivers; while generating significant free cash flow

Coil coating and hot dip galvanizing provide environmentally friendly solutions that reduce emissions and extend the life cycle of the coated materials

Focused capital allocation to reduce debt and improve leverage while supporting high ROIC investments, and returning capital to shareholders

Commitment to EPS growth driven by operational improvement creates compelling investment opportunity and long-term shareholder value

INVESTOR

PRESENTATION

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AZZ Snapshot (NYSE: AZZ)

Headquarters:

3,684

Employees:

Metal Coatings locations1:

Coil Coating Locations2:

43%

57%

54%

46%

AZZ Metal Coatings AZZ Precoat Metals

AZZ Metal Coatings

AZZ Precoat Metals

TTM Sales

TTM Adj. EBITDA

TTM Adj. EBITDA Margin

INVESTOR

PRESENTATION

42 galvanizing locations and 4 surface technologies locations as of July 1, 2025

14 plants with 17 processing lines as of July 10, 2025

Segment sales and Adjusted EBITDA results trailing twelve-month period ended May 31, 2025 4

Adjusted EBITDA excludes corporate costs and AVAIL JV equity income; For a reconciliation to the most directly comparable GAAP measure, see the appendix to this presentation.

AZZ's Strategic Journey

$571 $810 $903 $1,538

2025 -2028

Strengthen the Core; Invest in the Future

Commitment to continuous process improvement initiatives across the segments

Capture opportunities associated with longterm growth drivers in end markets to sustain >GDP level growth

Invest in technologies to maintain competitiveness

Pursue strategic acquisitions as well as bolton opportunities to support growth

Maintain emphasis on Sustainability initiatives

Ensure capital is deployed to highest ROIC opportunities while maintaining a safe operating environment

Sales, in millions

$2,0001

2013-2018

Optimized Legacy Footprint

Improved capabilities and profitability of Metal Coatings

Combined Electrical and Industrial assets into one operating segment (infrastructure Solutions)

2019-2022

Strategic Transformation -Positioning for the Future

Divested nuclear and labor augmentation related businesses

Divested majority stake (60%) of non-core Infrastructure Solutions segment to a joint venture

Acquired Precoat Metals

Returned $79 million to shareholders through stock repurchases FY2021-FY2022

Reduced leverage from 4.2X to 3.5X

2023 -2024

Focused Metal Coatings Company

Invested in our future - New aluminum coil coating facility; on-budget and on-track for full production in FY 2026

Drove operational excellence with ESG focus

Expanded use of customer-centric and digital technology (DGS, Coil Mart, Coil Zone)

Reduced debt while improving the cost of capital

Identified and pursued customer facing synergies

Attain target leverage of 2.5X-3.0X

(1) Based on management estimates as of 05/31/2025.

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INVESTOR

PRESENTATION

Disclaimer

AZZ Inc. published this content on July 11, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 11, 2025 at 20:32 UTC.