Valmont^® Industries, Inc. (NYSE:VMI), a global leader that provides products and solutions to support vital infrastructure and advance agricultural productivity, today announced that its Board of Directors has approved a 13% increase in the Company's quarterly cash dividend to $0.77 per share, payable on April 15, 2026 to shareholders of record on March 27, 2026. The increase results in an annualized dividend of $3.08 per share.

The dividend increase is consistent with the capital allocation priorities Valmont outlined in February 2025, which established a balanced framework to accelerate growth and increase shareholder returns. Under that framework, the Company targets allocating approximately 50% of operating cash flow to high-return growth opportunities and approximately 50% to shareholder returns through dividends and share repurchases. As previously communicated, Valmont intends to grow its dividend annually at a pace aligned with expected longer-term earnings growth.

"This increase reflects the disciplined execution of the capital allocation priorities we outlined last year," said Thomas Liguori, Executive Vice President and Chief Financial Officer. "We continue to generate strong cash flow while investing in high-return growth opportunities and maintaining a strong balance sheet. Growing the dividend in line with earnings remains an important component of delivering sustainable, long-term value to our shareholders."

About Valmont Industries, Inc.

For 80 years, Valmont has been a global leader that provides products and solutions to support vital infrastructure and advance agricultural productivity. We are committed to customer-focused innovation that delivers lasting value. Learn more about how we're Conserving Resources. Improving Life.^® at valmont.com.

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Casey Meyer

Casey.Meyer@valmont.com