Astec shareholders elect directors, approve advisory say-on-pay and auditor ratification

Item 5.07. Submission of Matters to a Vote of Security Holders Astec Industries, Inc. (the “Company”) held its Annual Meeting of Shareholders on April 25, 2023 (the "Annual Meeting"). The following is a summary of the matters voted on at the meeting: (a) The Company’s shareholders elected the four director nominees listed below for, in the case of Messrs. Gehl, Jain and van der Merwe, a term of three years, and in the case of Mr. Gliebe, a term of one year. The voting results were as follows: For Withheld Broker Non-Votes William D. Gehl 14,837,477 1,350,246 1,086,949 Mark J. Gliebe 16,014,492 173,231 1,086,949 Nalin Jain 15,983,333 204,390 1,086,949 Jaco G. van der Merwe 15,971,517 216,206 1,086,949

(b) The Company’s shareholders, approved on an advisory basis, the compensation of the Company’s named executive officers. The voting results were as follows: Votes For Votes Against Abstain Broker Non-Votes 15,753,130 421,975 12,618 1,086,949

(d) The Company’s shareholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the calendar year 2023. The voting results were as follows: Votes For Votes Against Abstain 17,209,201 50,962 14,509

(c) The Company’s shareholders, approved on an advisory basis, "one year" for the frequency with which shareholders will vote on a non-binding, advisory basis to approve the compensation of the Company’s named executive officers in future years. The voting results were as follows: Votes For "One Year" Votes For "Two Years" Votes For "Three Years" Abstain Broker Non-Votes 14,682,398 11,206 1,482,928 11,191 1,086,949