Tennant Company Investor Presentation — August 2021

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Earnings Release Call

Tuesday, August 3, 2021On the Call Today

President and CEOFay West

SVP, Global Operations

Forward -Looking Statements &

Our remarks this morning and our answers to questions may contain forward -

looking statements regarding the company’s expectations of future performance.

Such statements are subject to risks and uncertainties, and our actual results may

differ materially from those contained in the statements. These risks and

uncertainties are described in today’s news release and the documents we file with

the Securities and Exchange Commission. We encourage you to review those

documents, particularly our Safe Harbor statement, for a description of the risks

and uncertainties that may affect our results.

Additionally, on this conference call we will discuss non -GAAP measures that

include or exclude certain items. Our 2021 second -quarter earnings release

includes the comparable GAAP measures and a reconciliation of these non -GAAP

measures to our GAAP results.

Financial Results Conference Call

4Second Quarter 2021

▪Strong second quarter results across geographic markets

▪Customer demand exceeded internal expectations

▪Widespread global supply -chain constraints and commodity inflation did

▪Headwinds included parts availability, material inflation, freight costs, and labor

▪Parts availability and labor shortages did impact ability to meet Q2 customer demand

▪Strategic improvements we’ve made to our operating model, as part of our

enterprise strategy, are helping against macro -level headwinds

Parts AvailabilityActions

▪Leveraging our strategic partnerships

to manage component and material

▪Developing design alternatives and

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