Tennant Company Investor Presentation — May 2021

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Earnings Release Call

Tuesday, May 4, 2021On the Call Today

President and CEOFay West

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 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 2021

▪Strong first quarter results

▪Organic growth across all regions

▪Focused on serving our customers

▪Continued investment in our enterprise strategy

▪Raising full -year guidance that reflects:

▪Strong Q1 demand and positive sales trends

▪Operational improvements

▪Commodity and freight headwinds

▪Prudent expense management

5Challenges and Enterprise Strategy

▪Mitigating significant challenges to deliver financial results

▪Challenges: commodity inflation, transportation -related issues, parts shortages, and

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