Tennant Company Investor Presentation — May 2020

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Earnings Release Call

Wednesday, May 6, 2020On the Call Today

President and CEOAndy Cebulla

COO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 2020 first -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First Quarter 2020

Primary business impacts related to coronavirus

Temporary plant shutdowns

Some end -market slowdowns due to closures of customer facilities

China Factories: Closed 2 weeks in February

Italy Factories: Temporarily suspended operations in accordance with local directives

North America Factories: Temporarily suspended operations for cleaning purposes

As of 5/6/2020: All plants able to operate

Not all factories are back to full productivity

5First Quarter 2020

First-quarter performance

Strong results through February QTD

Local shutdowns impacted March, particularly in Italy, France, Australia and North

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