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AZZ Inc. Announces Departure of Paul W. Fehlman and Appoints Philip Schlom as Interim Chief Financial Officer

FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced that Paul W. Fehlman, Senior Vice President and Chief Financial Officer, will be leaving the Company on May 31, 2020 to pursue other business opportunities. The Company has appointed Philip Schlom, the Company’s Vice President, Chief Accounting Officer, to assume the role of Interim Chief Financial Officer. The Company plans to conduct a comprehensive search to find a permanent Chief Financial Officer.

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AZZ Inc. Reports Financial Results for Fiscal Year 2020

FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services, issued its 2020 audited consolidated financial statements contained in the Company’s Fiscal Year 2020 Annual Report on Form 10-K for the year ended February 29, 2020.

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AZZ Inc. Announces Quarterly Cash Dividend of $0.17 Per Share

FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced its Board of Directors has authorized a quarterly cash dividend in the amount of $0.17 per share on the company’s outstanding shares of common stock. The dividend is payable on May 21, 2020, to shareholders of record as of the close of business on May 7, 2020.

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AZZ Inc. to Review Fourth Quarter and Fiscal Year 2020 Financial Results on Wednesday, April 29, 2020

FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, will conduct a conference call to review the financial results for the fourth quarter and fiscal year 2020 at 11:00 a.m. ET on Wednesday, April 29, 2020. The Company will issue a press release reporting fourth quarter and fiscal year 2020 financial results before the market open on April 29, 2020.

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AZZ Inc. Announces Completion of the Nuclear Logistics LLC Divestiture

FORT WORTH, TX – AZZ Inc. (NYSE:AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced that it has completed the previously announced divestiture of Nuclear Logistics LLC (“NLI”) to Paragon Energy Solutions. Terms of the transaction were not disclosed, and were subject to customary closing terms and conditions.

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AZZ Inc. Announces the Divestiture of its Nuclear Logistics LLC Operating Business to Paragon Energy Solutions

FORT WORTH, TX – AZZ Inc. (NYSE:AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced that it has entered into an agreement to divest its Nuclear Logistics LLC (“NLI”) operating business unit to Paragon Energy Solutions, LLC (“Paragon”). Terms of the transaction were not disclosed, and are subject to customary closing terms and conditions, including obtaining consents on certain governmental contracts. The transaction is expected to close by the end of the fourth quarter of AZZ’s fiscal year 2020. Upon closing of the transaction, the Company expects to record a one-time, non-cash charge related to the divestiture of NLI which would be moderately offset by the realization of deal-related tax benefits to the current fiscal year 2020.

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AZZ Inc. Resumes Stock Repurchases

AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced it has resumed buying back shares as part of the stock repurchase program previously authorized by AZZ’s Board of Directors (the “Board”) in 2012.

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AZZ Inc. Announces Quarterly Cash Dividend of $0.17 Per Share

AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced its Board of Directors has authorized a quarterly cash dividend in the amount of $0.17 per share on the company’s outstanding shares of common stock. The dividend is payable on February 18, 2020, to shareholders of record as of the close of business on February 3, 2020.

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AZZ Inc. to Review Third Quarter Fiscal Year 2020 Financial Results on Thursday, January 9, 2020 at 11:00 a.m. ET

AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services, today announced it will conduct a conference call to review the financial results for the third quarter of fiscal year 2020 on Thursday, January 9, 2020 at 11:00 a.m. ET. The Company plans to issue a press release reporting third quarter fiscal 2020 financial results and file its corresponding Form 10-Q with the SEC before the market opens on January 9, 2020.

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AZZ Inc. to Review Second Quarter Fiscal Year 2020 Financial Results on Thursday, December 5, 2019 at 11:00 a.m. ET

AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services, today announced it will conduct a conference call to review the financial results for the second quarter of fiscal year 2020 on Thursday, December 5, 2019 at 11:00 a.m. ET. The Company plans to issue a press release reporting second quarter fiscal 2020 financial results before the market opens on December 5, 2019.

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AZZ Inc. Announces Departure of James Byelick and Intends to Appoint Philip Schlom as Next Chief Accounting Officer

AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced that Mr. James “Drew” Byelick, Vice President and Chief Accounting Officer of AZZ, will leave the Company effective October 31, 2019. Mr. Byelick’s departure is not the result of any disagreement with the Company regarding its operations or accounting policies or practices. Mr. Philip Schlom has agreed to join the Company and will transition into the role of Chief Accounting Officer of AZZ.

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AZZ Inc. Receives NYSE Notice Related to Delay in Form 10-Q Filing

AZZ, a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services, announced today that it received a notice from the NYSE indicating that AZZ Inc. is not in compliance with the NYSE’s continued listing requirements under the timely filing criteria established in Section 802.01E of the NYSE Listed Company Manual as a result of AZZ’s delay in filing its Quarterly Report on Form 10-Q for its quarter ended August 31, 2019 (the “Form 10-Q”) with the Securities and Exchange Commission (the “SEC”).

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AZZ Inc. Announces Recognition from Bechtel as Leading Supply Chain Partner

AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services, announced today that it was recognized as a top supplier by Bechtel at the company’s Annual Supply Chain Awards Event for exceptional work on projects for Bechtel’s global business unit (“GBU”).

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AZZ Inc. to Reschedule Second Quarter Fiscal Year 2020 Financial Results and Conference Call Date

AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services, today announced it is rescheduling its fiscal year 2020 second quarter earnings release to allow the Company additional time to complete the review of its Form 10-Q for its fiscal year 2020 second quarter ended August 31, 2019. The conference call and live webcast was previously scheduled for Tuesday, October 8, 2019 at 11:00 a.m. ET. The Company will issue a press release announcing the specific date and time of the rescheduled fiscal year 2020 second quarter earnings call upon completion of this review.

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AZZ Inc. Extends Employment Agreement of President and Chief Executive Officer Tom E. Ferguson

AZZ Inc. (NYSE: AZZ), a global provider of metal coatings solutions, welding solutions, specialty electrical equipment and highly engineered services, today announced that its Board has renewed and extended the employment agreement of Mr. Tom E.Ferguson to continue to serve as President and Chief Executive Officer of AZZ and a member of the Company’s Board of Directors. Mr. Ferguson’s renewed and extended employment agreement with AZZ will extend through October 3, 2022.

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AZZ Inc. Announces Quarterly Cash Dividend of $0.17 Per Share

AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced its Board of Directors has authorized a quarterly cash dividend in the amount of $0.17 per share on the company’s outstanding shares of common stock. The dividend is payable on November 4, 2019, to shareholders of record as of the close of business on October 21, 2019.

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AZZ Inc. Announces Acquisition of Preferred Industries, Ltd. Expanding Metal Coating Services

AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services, announced today that it has acquired all the assets of Preferred Industries, Ltd., (“Preferred”), a privately held powder coating company in the Dallas-Fort Worth area. Preferred provides powder and e-coating services to the automotive, HVAC, marine, transportation, medical, industrial, and plastics industries. Terms of the transaction were not disclosed. AZZ expects the acquisition will be accretive to earnings within the first year of operation.

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AZZ Inc. to Review Second Quarter Fiscal Year 2020 Financial Results on Tuesday, October 8, 2019

AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services, today announced it will conduct a conference call to review the financial results for the second quarter of fiscal year 2020 on Tuesday, October 8, 2019 at 11:00 a.m. ET. The Company plans to issue a press release reporting second quarter fiscal 2020 financial results and file its corresponding Form 10-Q with the SEC before the market opens on October 8, 2019.

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AZZ Inc. Announces 100-Year Lifespan of Galvabar – Highlighted by Texas A&M University Engineering Study

AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services, announced today that its Galvabar™ continuous galvanized rebar (“CGR”) product was found to provide reliable long-term reinforcement with a potential lifespan of more than 100 years, according to a research team at the College of Engineering at Texas A&M University.

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AZZ Inc. Announces Acquisition of NuZinc, LLC to Expand Metal Coating Services

AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services, announced today that it has acquired all the assets of NuZinc, LLC, (“NuZinc”), a privately held plating company in the Dallas-Fort Worth area. NuZinc provides electroplating services to the markets of aerospace, defense, telecommunications, medical, transportation and commercial industries. Terms of the transaction were not disclosed. AZZ expects the acquisition will be accretive to earnings within the first year of operation.

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