AZZ INC — fact timeline

Rhonda Davenport was appointed as Chief Human Resources Officer at AZZ INC.

“Effective August 3, 2026, the Board of Directors (the “ Board ”) of AZZ Inc. (the “ Company ”) appointed Ms. Rhonda Davenport, 43, as Chief Human Resources Officer.”

AZZ INC amended revolving credit with Wells Fargo Bank, N.A. at 125 basis points to 225 basis points maturing May 7, 2029.

“The Seventh Amendment (i) terminated the Initial Revolving Credit Commitments and simultaneously replaced them in their entirety with Extended Revolving Credit Commitments having a Maturity Date of May 7, 2029, (ii) decreased the interest rate margin applicable to the Revolving Credit Loans from margins ranging from 175 basis points to 275 basis points (subject to leverage ratio step-downs) to margins ranging from 125 basis points to 225 basis points (subject to leverage ratio step-downs)”

AZZ INC amended Seventh Amendment to Credit Agreement with Wells Fargo Bank, N.A. valued at Amendment of Credit Agreement dated May 13, 2022; terminated Initial Revolving Credit Commitments, r (effective 2026-05-07).

“On May 7, 2026, AZZ Inc. (the " Company ") entered into the Seventh Amendment to its existing Credit Agreement referenced below with Wells Fargo Bank, N.A. (“ Wells Fargo ”), as Administrative Agent and Collateral Agent and the requisite lenders (the " Seventh Amendment" ).”

AZZ INC reported Fiscal Year 2026 results: revenue $1.65 billion, net income $317.3 million, EPS $10.50 per share.

“Fiscal Year 2026 Overview (as compared to prior fiscal year 2025 (1) ): ◦ Total Sales of $1.65 billion, up 4.6% ▪ Metal Coatings sales of $758.7 million, up 14.1% ▪ Precoat Metals sales of $891.4 million, down 2.3% ◦ Net Income of $317.3 million, up 146.3%; Adjusted net income of $187.1 million, up 19.3% ◦ GAAP diluted EPS of $10.50 per share, up 486.6%”

AZZ INC reported Fourth Quarter Fiscal Year 2026 results: revenue $385.1 million, net income $15.9 million, EPS $0.53 per share.

“Fourth Quarter 2026 Overview (as compared to prior fiscal year fourth quarter (1) ): ◦ Total Sales of $385.1 million, up 9.4% ▪ Metal Coatings sales of $186.5 million, up 25.7%, primarily due to increased volume ▪ Precoat Metals sales of $198.6 million, down 2.4%, primarily due to lower volume ◦ Net Income of $15.9 million, down 21.2%; Adjusted net income of $40.4 million, up 36.4% ◦ GAAP diluted EPS of $0.53 per share, down 20.9%, and Adjusted diluted EPS of $1.34, up 36.7%”

AZZ INC amended credit facility with Citibank, N.A., as Administrative Agent and Collateral Agent and the requisite lenders at margins ranging from 175 basis points to 275 basis points (subject to leverage r.

“The Fifth Amendment (a) decreased the interest rate margin applicable to the Revolving Credit Loans from margins ranging from 275 basis points to 350 basis points (subject to leverage ratio step-downs) to margins ranging from 175 basis points to 275 basis points (subject to leverage ratio step-downs);”

Kurt Russell changed role as Senior Vice President and Chief Strategic Officer at AZZ INC.

“Kurt Russell, who currently serves as the Company’s Chief Operating Officer of the Precoat Metals business segment, will as of the same Effective Date, transition to the role of Senior Vice President and Chief Strategic Officer”

Jeff Vellines was appointed as President and Chief Operating Officer of Precoat Metals at AZZ INC.

“On January 16, 2025, the Board of Directors (the “ Board ”) of AZZ Inc. (the “ Company ”) appointed Jeff Vellines, 50, as President and Chief Operating Officer of the Company's Precoat Metals business segment to be effective as of March 1, 2025 (the “ Effective Date ”).”

Tiffany Moseley departed as Chief Accounting Officer at AZZ INC.

“Effective as of July 25, 2024, Tiffany Moseley will no longer serve as AZZ Inc.'s Chief Accounting Officer.”

Jason Crawford was appointed as Senior Vice President and Chief Financial Officer at AZZ INC.

“On May 29, 2024, the Board of Directors (the “ Board ”) of AZZ Inc. (the “ Company ”) appointed Mr. Jason Crawford to serve as Senior Vice President and Chief Financial Officer of the Company, effective June 3, 2024.”

David M. Kaden resigned as Director at AZZ INC.

“On May 10, 2024, Mr. David M. Kaden, Blackstone’s designee to the Board of Directors (the “ Board ”) of the Company, notified the Board of his resignation from the Board, effective immediately.”

AZZ INC entered into Underwriting Agreement with Evercore Group L.L.C. and Jefferies LLC as representatives of the several underwriters valued at $67.20 per share (effective 2024-04-25).

“On April 25, 2024, AZZ Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Evercore Group L.L.C. (“Evercore”) and Jefferies LLC (“Jefferies”) as representatives of the several underwriters named in Schedule A thereto (the “Underwriters”), pursuant to which the Company agreed to issue and sell to the Underwriters an aggregate of 4,000,000 shares of common stock, par value $1.00 per share, of the Company (“Common Stock”), in an underwritten public offering at a purchase price of $67.20 per share (the “Purchase Price”), which reflects a price to the public of $70.00 per share less $2.80 per share (the “Offering”).”

AZZ INC reported Three months ended February 29, 2024 results: revenue $366.5 million, net income $17.9 million, EPS $0.56.

“Fourth Quarter 2024 Overview (results from continuing operations as compared to prior year (1) ): ◦ Total Sales of $366.5 million, up 8.9% ▪ Metal Coatings sales of $154.4 million, up 3.3% ▪ Precoat Metals sales of $212.1 million, up 13.4% ◦ Diluted EPS of $0.56, up 273.3% versus prior year, Adjusted EPS of $0.93, up 210.0% ◦ Net Income of $17.9 million, up 140.5%; Adjusted net income of $27.5 million, up 260.3%”

AZZ INC reported Fiscal year ended February 29, 2024 results: revenue $1,537.6 million, net income $101.6 million, EPS $3.46.

“Fiscal Year 2024 Overview (results from continuing operations as compared to prior year (1)(2) ): ◦ Total Sales $1,537.6 million, up 16.2% ▪ Metal Coatings sales of $656.2 million, up 3.0% ▪ Precoat Metals sales of $881.4 million, up 28.4% ◦ Diluted EPS of $3.46, up 48.5% versus prior year, Adjusted EPS of $4.53, up 34.8% ◦ Net Income of $101.6 million, up 53.2%; Adjusted net income of $132.8 million, up 39.5%”

Jason Crawford was appointed as Senior Vice President and Chief Financial Officer at AZZ INC.

“At the end of Mr. Schlom’s employment term, Jason Crawford, 50, will be promoted to Senior Vice President and Chief Financial Officer.”

Philip Schlom departed as Senior Vice President and Chief Financial Officer at AZZ INC.

“Philip Schlom has notified AZZ that he will complete the term under his existing employment agreement and then will retire from his role as the Company’s Senior Vice President and Chief Financial Officer, effective November 4, 2024.”

AZZ INC amended term loan with Citibank, N.A. at SOFR +325 basis points.

“The Third Amendment reduces the interest rate of the Term Loan by 50 basis points to SOFR +325 basis points from SOFR +375.”

AZZ INC amended Third Amendment with Citibank, N.A. valued at SOFR +325 basis points from SOFR +375 (effective 2024-03-20).

“On March 20, 2024, AZZ Inc. (the " Company ") entered into the Third Amendment to its existing Credit Agreement referenced below with Citibank, N.A. (“ Citi ”), as Administrative Agent and Collateral Agent and the requisite lenders (the " Third Amendment ").”

AZZ INC reported the third quarter ended November 30, 2023 results: revenue $381.6 million, net income $26.9 million, EPS $0.92.

“financial results for the third quarter ended November 30, 2023. Third Quarter Overview (results from continuing operations as compared to prior year (1) ): ◦ Total Sales $381.6 million, up 2.2% ▪ Metal Coatings sales of $163.2 million, up 3.1% ▪ Precoat Metals sales of $218.4 million, up 1.6% ◦ Diluted EPS of $0.92, up 55.9% versus prior year, Adjusted EPS of”

AZZ INC amended revolving credit with Citibank, N.A. at margin ranging from 275 basis points to 350 basis points subject to leverage rat.

“The Second Amendment (a) decreased the interest rate margin applicable to the Revolving Credit Loans from 425 basis points to margin ranging from 275 basis points to 350 basis points subject to leverage ratio step-down; (b) reduced the interest rate further by eliminating SOFR loan credit spread adjustment; and (c) reduced the Commitment Fee applicable to the Revolving Credit Loans by 125 basis points, subject to pricing grid.”

AZZ INC amended Second Amendment with Citibank, N.A. (effective 2023-12-20).

“On December 20, 2023, AZZ Inc. (the " Company ") entered into the Second Amendment to its existing Credit Agreement referenced below with Citibank, N.A. (“ Citi ”), as Administrative Agent and Collateral Agent and the requisite lenders (the " Second Amendment ").”

AZZ INC reported second quarter ended August 31, 2023 results: revenue $398.5 million, net income Net Income of $28.3 million, EPS $0.97. Guidance reaffirmed.

“financial results for the second quarter ended August 31, 2023. Second Quarter Overview (results from continuing operations as compared to prior year (1) ): ◦ Total Sales $398.5 million, down 2.0% ▪ Metal Coatings record sales of $169.8 million up 2.4% ▪ Precoat Metals sales of $228.7 million, down 5.0% ◦ Diluted EPS of $0.97, up 4.3% versus prior year, Adjusted”

AZZ INC amended term loan with Citibank, N.A. at SOFR + 375 basis points.

“The First Amendment reduces the applicable margin for the Initial Term Loan (as defined in the Credit Agreement) by 50 basis points to SOFR + 375 basis points and removed the credit spread adjustment of 10 basis points.”

AZZ INC amended First Amendment to Credit Agreement with Citibank, N.A. valued at reduces the applicable margin for the Initial Term Loan by 50 basis points to SOFR + 375 basis point (effective 2023-08-17).

“On August 17, 2023, AZZ Inc. (the " Company ") entered into the First Amendment by and among the Company, certain subsidiaries of the Company party thereto as guarantors (the " Guarantors "), the lenders from time to time party thereto (collectively, the “ Lenders ”) and Citibank, N.A. (“ Citi ”), as Administrative Agent and Collateral Agent (the " First Amendment ").”

AZZ INC shareholders approved Ratification of the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending February 29, 2024. at the 2024-02-29 meeting.

“Proposal 4. Ratification of the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending February 29, 2024. For Against Abstain 27,575,395 8,656 17,727”

AZZ INC shareholders approved Approve, the Company’s 2023 Long - Term Incentive Plan..

“Proposal 3. Approve, the Company’s 2023 Long - Term Incentive Plan. For Against Abstain Broker Non-Votes 24,866,120 1,254,299 34,231 1,447,128”

AZZ INC shareholders approved Approve, on an advisory basis, the Company’s executive compensation program..

“Proposal 2. Approve, on an advisory basis, the Company’s executive compensation program. For Against Abstain Broker Non-Votes 25,498,673 638,978 16,999 1,447,128”

AZZ INC shareholders approved Election of ten directors each to serve for a one-year term until the next annual meeting of shareholders..

“Proposal 1. Election of ten directors each to serve for a one-year term until the next annual meeting of shareholders. For Against Abstain Broker Non-Votes Daniel E. Berce 23,950,782 2,191,862 12,006 1,447,128 Paul Eisman 25,683,181 459,563 11,906 1,447,128 Daniel R. Feehan 23,355,691 2,786,953 12,006 1,447,128 Thomas E. Ferguson 25,935,282 207,437 11,931 1,447,128 Clive A. Grannum 25,995,695 147,239 11,716 1,447,128 Carol R. Jackson 24,589,210 1,553,754 11,686 1,447,128 David M. Kaden 25,976,252 149,363 29,035 1,447,128 Venita McCellon-Allen 25,750,699 375,443 28,508 1,447,128 Ed McGough 25,578,974 563,670 12,006 1,447,128 Steven R. Purvis 25,666,667 475,951 12,032 1,447,128”

AZZ INC reported fiscal year 2024 results: revenue $1.40 billion to $1.55 billion, EPS $3.85-$4.35. Guidance reaffirmed.

“Management reaffirms fiscal year 2024 guidance: ◦ Sales of $1.40 billion to $1.55 billion ◦ Adjusted EBITDA of $300-$325 million ◦ Adjusted earnings per diluted share of $3.85-$4.35”

AZZ INC reported first quarter ended May 31, 2023 results: revenue $390.9 million, net income $28.5 million, EPS $0.98.

“First Quarter Overview (results from continuing operations (1),(2) ): ◦ Sales of $390.9 million, up 88.7% versus prior year, up 16.2% sequentially ▪ Metal Coatings sales of $168.8 million up 3.3% versus prior year and 13.0% sequentially ▪ Precoat Metals sales of $222.1 million, up 18.7% sequentially ◦ Diluted EPS of $0.98, up 58.1% versus prior year, up 553.3% sequentially; Adjusted EPS of $1.14, up 3.6% versus prior year, up 280.0% sequentially ◦ Net Income of $28.5 million, up 85.8% versus prior year, up 284.0% sequentially”

Tiffany Moseley was appointed as Vice President and Chief Accounting Officer at AZZ INC.

“Effective June 6, 2023, the Board of Directors (the “ Board ”) of AZZ Inc. (the “ Company ”) appointed Ms. Tiffany Moseley, 51, as Vice President and Chief Accounting Officer (principal accounting officer).”

AZZ INC reported the fourth quarter ended February 28, 2023 results: revenue $336.5 million, EPS GAAP Diluted EPS of $0.15, and Adjusted EPS of $0.30. Guidance reaffirmed.

“Fourth Quarter 2023 Results from Continuing Operations: ◦ Sales of $336.5 million, up 16.0% on a comparable basis ◦ Metal Coatings sales up 14.8% and Precoat Metals, on a comparable basis, up 17.0% ◦ GAAP Diluted EPS of $0.15, and Adjusted EPS of $0.30 after giving effect to higher interest expense and an effective tax rate of 34.8% ◦ Adjusted EBITDA $57.2 million or 17.0% of sales”

AZZ INC reported the fiscal year ended February 28, 2023 results: revenue $1,323.6 million, EPS GAAP Diluted EPS of $2.33; Adjusted EPS of $3.48. Guidance reaffirmed.

“Fiscal Year 2023 Results from Continuing Operations: ◦ Sales of $1,323.6 million, up 20.5% on a comparable basis ◦ Strong segment performance with Metal Coatings sales up 21.2% and Precoat Metals up 19.9% on a comparable basis ◦ GAAP Diluted EPS of $2.33; Adjusted EPS of $3.48 (1) ◦ Adjusted EBITDA $267.4 million or 20.2% of sales”

AZZ INC reported the third quarter ended November 30, 2022 results: revenue $373.3 million, net income $18.4 million, EPS $0.88. Guidance raised.

“Third quarter notable highlights: ◦ Sales of $373.3 million from continuing operations; Excludes one month of AIS sales totaling $42.3 million, classified as discontinued operations ◦ Strong third quarter sales performance across both segments with Metal Coatings up 17.2% and Precoat Metals up 14.8% on a comparable basis ◦ Consolidated Adjusted EPS of $0.88; Reported Diluted EPS of $(0.97) includes non-cash write down related to previously announced AIS divestiture ◦ Adjusted EBITDA of $71.2 million or 19.1% of sales for the quarter ◦ Net income from continuing operations of $18.4 million compared to $13.1 million in the prior year ◦ Raising Fiscal Year 2023 Adjusted EPS guidance to $4.05 - $4.25”

David M. Kaden was appointed as Director at AZZ INC.

“the Board appointed David M. Kaden to serve as a member of the Board, with his initial term expiring at the Company’s 2022 annual meeting of shareholders.”