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

Exhibit 99.1

STEVE KANIEWSKI COMPENSATION SUMMARY

1. Named by the Board of Directors as President and Chief Operating Officer effective October 1, 2016.

2. Base Salary:  $575,000 per year.

3. Continued participation in Valmont’s 2016 Global Utility Annual Incentive Plan with a target of 60% of January 1, 2016 base salary capped at 2x target.

4. Continued participation in the performance share element of Valmont’s 2014-2016, 2015-2017, and 2016-2018 long term incentive plans, with a target of (i) 60% of prior base salary for the 2014-2016 plan and (ii) 85% of base salary from start date as COO (and 70% of base salary for periods prior to October 1, 2016) for the 2015-2017 plan and the 2016-2018 plan and capped at 2x target.

5. Continued participation in the stock option element of Valmont’s long-term incentive plans, with eligibility for option grant in December 2016 with a target value of 85% of base salary.

6. Participation in Valmont’s non-qualified deferred compensation plan, VERSP 401(k) plan, health and welfare benefit plans.