Tennant Company Investor Presentation — November 2021

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Earnings Release Call

Tuesday, November 2, 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 third-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Third Quarter 2021

Results reflect a return to pre-pandemic demand across the majority of our

geographic markets and verticals

Financial performance continued to be impacted by the unexpected and

prolonged global supply disruptions, inflation and labor constraints

Expect that these macro headwinds will continue well into 2022

Record level of order backlog – 3 to 5 times historical average

Varies across product category and region

Plants remain open and are operating

5Actions to address

macro challenges Prioritize local-for-local and region-for-

region manufacturing and sourcing.

Adding production capability to our China

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