Valmont Announces Planned Board Chair Transition

Mogens C. Bay to Retire; Catherine J. Paglia to Succeed as Board Chair

Valmont(®) Industries, Inc. (NYSE: VMI), a global leader that provides products and solutions to support vital infrastructure and advance agricultural productivity, today announced that Mogens C. Bay, Chairman of the Board, will retire from the Company’s Board of Directors at the end of the Company’s 2026 fiscal year, on December 26, 2026. Consistent with the Board's previously announced succession plan, Catherine J. Paglia, the Company's Vice Chair of the Board and Lead Independent Director, will succeed Mr. Bay as Board Chair upon his retirement.