Valmont Industries (VMI) 8-K Departure of Directors or Certain Officers

Exhibit 99.1

Eugene Padgett Compensation Package

1. Base Salary: $335,000 peryear

2. Participation in Valmont's 2023 Annual Incentive Plan - Corporate Plan with a target of 50% of base salary and capped at 2x bonustarget.

3. Participation in the PSU Plan of Valmont's 2022-2024 (prorated from start date -2/3rds).

4.Participation in the remaining long term incentive plans, effective January 2023 (PSU 50%, RSU 25%, Stock Options 25% of total target value equals 80% of basesalary).

5.Participation in Valmont's non-qualified deferred compensation plan, VERSP 401(k) plan, health and welfare benefitplans.

6. New Hire Equity Grant for EquityReplacement:

a. Award of approximately $25,000 (approximately 90 RSUs) in restricted unit shares as of the start date, with three-year tiered vesting (1/3 per year) using the standard Valmont agreementform.

7. 2022 Cash CompensationProvisions

a. Sign-on Bonus of $75,000 for equity and bonus payout by previousemployer.

8. Stock ownership guideline of 1.5x of BaseSalary.

9. Full relocationpackage.