Philip A. Schlom - Apr 25, 2024 Form 4 Insider Report for AZZ INC (AZZ)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AZZ	Restricted Stock Units	Award	$0	+2.82K		$0.00	2.82K	Apr 25, 2024	COMMON STOCK	2.82K		Direct	F1, F2, F3
transaction	AZZ	Performance Share Units	Award	$0	+2.82K		$0.00	2.82K	Apr 25, 2024	COMMON STOCK	2.82K		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of AZZ common stock.
F2	The RSUs are granted under AZZ's 2023 Long Term Incentive Plan as part of the Issuer's annual equity award process, and vest over a three-year period with one-third of the RSUs vesting on each of the first (4/25/2025), second (4-25-2026) and third (4-25-2027)anniversaries of the grant date.
F3	Once vested, the shares of common stock are not subject to expiration.
F4	Each performance share unit (PSU) represents a contingent right to receive shares of AZZ common stock with the actual number varying based on achieved results.
F5	The PSUs are granted under AZZ's 2023 Long Term Incentive Plan as part of the Issuer's annual equity award process. The PSUs represent 100% of the target number of PSUs that could be earned at the end of the 3-year performance cycle, which runs from March 1, 2024 to February 28, 2027. The FY2025 PSU performance metrics are AZZ's Total Shareholder Return and Return on Investment Capital relative to its executive compensation peer group. The maximum payout for the FY2025 PSUs is not to exceed 200%.