Valmont amends bylaws to add director nomination disclosure rules, remove stockholder list requirement

On December 13, 2022, the Board of Directors of Valmont Industries, Inc. (the “Company”) adopted amendments to the Company’s Bylaws with respect to additional disclosure and procedural requirements for stockholders to submit director nominations and eliminate the requirement that a complete list of the stockholders entitled to vote at a meeting of stockholders be kept available at such meeting, as such action is no longer mandated by Delaware law.