Valmont Industries Investor Presentation — October 2022 - Valmont Industries, Inc.

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Earnings Presentation

October 27, 2022Disclosure Regarding Forward -Looking Statements

These slides contain (and the accompanying oral discussion will contain) “forward -looking statements” within the meaning of the

Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other fa ctors

that could cause the actual results of the Company to differ materially from the results expressed or implied by such stateme nts,

including general economic and business conditions, conditions affecting the industries served by the Company and its subsidi aries

including the continuing and developing effects of the pandemic including the effects of the outbreak on the general economy and

the specific economic responses to the Company’s products and services, the overall market acceptance of such products and

services, the integration of acquisitions and other factors disclosed in the Company’s periodic reports filed with the Securi ties and

Exchange Commission, as well as future economic and market circumstances, industry conditions, company performance and

financial results, operating efficiencies, availability and price of raw materials, availability and market acceptance of new products,

product pricing, domestic and international competitive environments, geopolitical risks and actions and policy changes of do mestic

and foreign governments. Consequently, such forward -looking statements should be regarded as the Company’s current plans,

estimates and beliefs. The Company does not undertake and specifically declines any obligation to publicly release the result s of

any revisions to these forward -looking statements that may be made to reflect any future events or circumstances after the date of

such statements or to reflect the occurrence of anticipated or unanticipated events.

October 27, 2022 | Valmont Industries, Inc. 2STEVE KANIEWSKI

PRESIDENT & CHIEF EXECUTIVE OFFICER

October 27, 2022 | Valmont Industries, Inc. 3

October 27, 2022 | Valmont Industries, Inc. 4•Record sales as strong broad -based demand drove higher volumes despite macroeconomic volatility

•Disciplined pricing strategy to capture delivered value and offset inflation

•Record global backlog of $2.0 billion, reflecting strong market demand

•Delivering differentiated, sustainable solutions to our customersTOTAL 3Q 2022 SALES

•Market fundamentals and farmer sentiment driving robust project

pipeline, most notably in Middle East and Africa