AZZ INC
For the period ended Feb 28, 2025. Filed Apr 21, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Apr 21, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 15. Exhibits and Financial Statement Schedules
(a) Documents filed as part of this report
- Consolidated Financial Statements
| Report of Independent Registered Public Accounting Firm - Consolidated Financial Statements | 38 |
| Report of Independent Registered Public Accounting Firm - Internal Control Over Financial Reporting | 39 |
| Consolidated Balance Sheets | 40 |
| Consolidated Statements of Income | 41 |
| Consolidated Statements of Comprehensive Income | 42 |
| Consolidated Statements of Cash Flows | 43 |
| Consolidated Statements of Changes in Shareholders’ Equity | 44 |
| Notes to Consolidated Financial Statements | 45 |
- Financial Statement Schedules
All schedules have been omitted because they are not required, not applicable, or the required information is otherwise included.
- Exhibits
| Incorporated by Reference | |||||
|---|---|---|---|---|---|
| Exhibit Number · Description · Form · Exhibit · Filing Date | |||||
| 1.1 | Underwriting Agreement, dated April 25, 2024, among AZZ Inc., Evercore Group L.L.C., Jeffries LLC and each of the Underwriters named in Schedule A to the Underwriting Agreement | 8-K | 1.1 | 4/26/24 | |
| 2.1 | ** | Contribution and Purchase Agreement, dated as of June 23, 2022, by and between AZZ Inc., AIS Investment Holdings LLC and Fernweh AIS Acquisition L.P. | 8-K | 2.1 | 6/27/22 |
| 3.1 | Amended and Restated Bylaws dated April 24, 2023 | 10-K | 3.1 | 4/25/23 | |
| 3.2 | Amended and Restated Certificate of Formation (with Certificate of Correction dated May 15, 2023) | 10-Q | 3.1 | 10/10/23 | |
| 4.1 | Description of the Company's Securities Registered Under Section 12 of the Securities Exchange Act of 1934 | 10-K | 4.1 | 4/25/23 | |
| 4.2 | Form of Common Stock Certificate | 10-Q | 4.1 | 10/13/00 | |
| 4.5 | Indenture, dated as of May 13, 2022, by and between AZZ Inc. and UMB Bank, N.A. | 8-K | 4.1 | 5/16/22 | |
| 10.1 | Amendment No. 1 to Second Amended and Restated Commitment Letter, dated as of May 6, 2022, by and between AZZ Inc. and the Commitment Parties | 8-K | 10.1 | 5/9/22 | |
| 10.2 | ** | Credit Agreement, dated as of May 13, 2022, by and among AZZ Inc., the Guarantors, the Lenders, the L/C Issuers and Citibank, N.A. as Administrative Agent and Collateral Agent | 8-K | 10.1 | 5/16/22 |
| 10.3 | First Amendment to Credit Agreement, dated as of August 17, 2023, by and among AZZ Inc., the Guarantors, the Lenders, and Citibank, N.A., as Administrative Agent and Collateral Agent | 8-K | 10.1 | 8/17/23 | |
| 10.4 | Second Amendment to Credit Agreement, dated as of December 20, 2023, by and among AZZ Inc., the Guarantors, the Lenders, and Citibank, N.A., as Administrative Agent and Collateral Agent | 8-K | 10.1 | 12/21/23 | |
| 10.5 | Third Amendment to Credit Agreement, dated as of March 20, 2024, by and among AZZ Inc., the Guarantors, the Lenders, and Citibank, N.A., as Administrative Agent and Collateral Agent | 8-K | 10.1 | 3/20/24 | |
| 10.6 | Fourth Amendment to Credit Agreement, dated as of September 24, 2024, by and among AZZ Inc., the Guarantors, the Lenders, and Citibank, N.A. as Administrative Agent and Collateral Agent | 8-K | 10.1 | 9/24/24 | |
| 10.7 | Fifth Amendment to Credit Agreement, dated as of February 27, 2025, by and among AZZ Inc., the Guarantors, the Lenders, and Citibank, N.A., as Administrative Agent and Collateral Agent | 8-K | 10.1 | 3/3/25 | |
| 10.8 | ** | First Amended and Restated Limited Liability Company Agreement of AIS Investment Holdings, dated as of September 30, 2022, by and between AZZ Inc., Fernweh AIS Acquisition LP and Atkinson Holding Company LLC | 8-K | 10.1 | 10/6/22 |
| 10.9 | * | AZZ Inc. 2014 Long Term Incentive Plan | S-8 | 4.5 | 7/9/14 |
| 10.10 | * | First Amendment to AZZ Inc. 2014 Long Term Incentive Plan | 8-K | 10.2 | 1/21/16 |
| 10.11 | * | Amended Form of Restricted Share Unit Award Agreement | 8-K | 10.4 | 1/21/16 |
| 10.12 | * | Amended Form of Performance Award Agreement | 8-K | 10.6 | 1/21/16 |
| 10.13 | * | AZZ Inc. 2023 Long-Term Incentive Plan | 8-K | 10.1 | 7/11/23 |
| 10.14 | *+ | Amended Form of Restricted Share Unit Award Under the AZZ Inc. 2023 Long-Term Incentive Plan | |||
| 10.15 | *+ | Amended Form of Performance Share Unit Award Agreement Under the AZZ Inc. 2023 Long-Term Incentive Plan | |||
| 10.16 | *+ | Executive Retiree LTI Program | |||
| 10.17 | *+ | Form of Restricted Share Unit Award Agreement for Retirement-Eligible Executives | |||
| 10.18 | *+ | Form of Performance Share Unit Award Agreement for Retirement-Eligible Executives | |||
| 10.19 | * | AZZ Inc. Senior Management Bonus Plan | DEF 14A | Appendix B | 5/28/15 |
| 10.20 | * | First Amendment to Senior Management Bonus Plan | 8-K | 10.3 | 1/21/16 |
| 10.21 | * | AZZ Inc. 2018 Employee Stock Purchase Plan | S-8 | 4.3 | 7/27/18 |
| 10.22 | * | Second Amended and Restated Employment Agreement between AZZ Inc. and Mr. Tom Ferguson, dated as of October 3, 2019 | 8-K | 10.1 | 10/7/19 |
| 10.23 | * | Change in Control Agreement by and between AZZ incorporated and Thomas Ferguson, dated as of November 4, 2013 | 8-K | 10.2 | 11/7/13 |
| 10.24 | * | Employment Agreement by and between AZZ Inc. and Jason Crawford, dated June 3, 2024 | 8-K | 10.1 | 6/3/24 |
| 10.25 | * | Employment Agreement by and between AZZ Inc. and Bryan Stovall, dated July 15, 2024 | 8-K | 10.1 | 7/19/24 |
| 10.26 | * | AZZ Inc. Executive Officer Severance Plan | 10-Q | 10.7 | 10/12/21 |
| 10.27 | *+ | AZZ Inc. Compensation Recovery Policy | 10-K | 10.23 | 4/22/24 |
| 19.1 | + | AZZ Inc. Insider Trading Policy | |||
| 21.1 | + | Subsidiaries of the Registrant | |||
| 23.1 | + | Consent of Grant Thornton LLP | |||
| 31.1 | + | Certification by Chief Executive Officer pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934 and Section 302 of the Sarbanes-Oxley Act of 2002 | |||
| 31.2 | + | Certification by Chief Financial Officer pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934 and Section 302 of the Sarbanes-Oxley Act of 2002 | |||
| 32.1 | ++ | Certification by Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | |||
| 32.2 | ++ | Certification by Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | |||
| 97.1 | Executive Officer Incentive Compensation Recovery Policy | 10-K | 97.1 | 4/22/24 | |
| 101.INS | + | XBRL Instance Document | |||
| 101.SCH | + | XBRL Taxonomy Extension Schema Document | |||
| 101.CAL | + | XBRL Taxonomy Extension Calculation Linkbase Document |
| 101.DEF | + | XBRL Taxonomy Extension Definition Linkbase Document |
| 101.LAB | + | XBRL Taxonomy Extension Label Linkbase Document |
| 101.PRE | + | XBRL Taxonomy Extension Presentation Linkbase Document |
| 104 | Cover Page Interactive Date File (embedded with the Inline XBRL document) |
**Schedules and exhibits have been omitted as allowed pursuant to SEC rules and regulations. The Company hereby undertakes to furnish supplemental copies of any of the omitted schedules and exhibits upon request by the SEC. The Company may request confidential treatment for any schedules and exhibits so furnished.
- Indicates management contract, compensatory plan or arrangement.
- Indicates filed herewith.
++ Indicates furnished herewith.
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