AZZ Inc. at its Board of Directors meeting held on May 29, 2024 announced appointment of Mr. Jason Crawford to serve as Senior Vice President of the Company, effective June 3, 2024. Mr. Crawford, 51 has been serving as the Vice President of Finance ? Precoat Metals, a wholly owned subsidiary of AZZ and has served in this role since May 2022, when AZZ acquired Precoat Metals.

In his position as the Company?s Senior Vice President, Mr. Crawford will be eligible to earn a pro-rata annual cash incentive bonus under the Company?s Senior Management Bonus Plan (the ? STI Plan ?), which provides for an annual cash incentive target based upon 70% of Mr. Crawford?s annual base salary pursuant to the achievement of certain individual and Company performance metrics. He will also be eligible each year to receive an annual equity award, the amount and nature to be determined annually by the Company?s Compensation Committee.

For the Company?s fiscal year ending February 28, 2025, Mr. Crawford?s equity award target value consisted of 50% performance share units (? PSUs ?) and 50% restricted stock units (" RSUs ") issued under the Company?s 2023 Long-Term Incentive Plan (the ? 2023 LTI Plan ?).

Mr. Crawford is also subject to confidentiality and other restrictive covenants prohibiting competition, solicitation of customers and employees and interference with business relationships during his employment and for 12 months thereafter. In addition to the Employment Agreement, Mr. Crawford will participate in the AZZ Inc. Executive Officer Severance Plan, whereby certain severance payments and benefits would be paid to Mr. Crawford if his employment is terminated by AZZ without cause or by Mr. Crawford for good reason, or if Mr. Crawford?s employment is terminated following a change-in-control (the ?Executive Officer Severance Plan?). The Executive Officer Severance Plan was adopted on October 11, 2021, and filed with the Securities and Exchange Commission on October 12, 2021, as Exhibit 10.7 to AZZ?s second quarter Form 10-Q, for the period ending August 31, 2021, and is described in more detail therein.

Mr. Crawford has no family relationships with any director or executive officer of AZZ, and there are no arrangements or understandings with any person pursuant to which he will be appointed Senior Vice President and Chief Financial Officer of AZZ, other than his Employment Agreement. In addition, there have been no related transactions directly or indirectly involving Mr. Crawford that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K under the Securities Exchange Act of 1934.