ECONOMIC PERFORMANCE Please visit Lindsay’s Investor Relations website for more information. (1) Fiscal 2018 operating income includes costs of $9.7 million in connection with the Foundation for Growth initiative. On an adjusted basis, operating income was $48.3 million. (2) Defined as operating income after-tax (using effective tax rate) divided by the average of beginning and ending invested capital. On an adjusted basis, 2018 return on invested capital was 9.0%. 2018 2017 2016 $518.0 $40.2 6.9% 1,410 $516.4 $34.4 6.1% 1,366 TOTAL REVENUES (IN MILLIONS) OPERATING INCOME (1) (IN MILLIONS) RETURN ON INVESTED CAPITAL(2) TOTAL EMPLOYEES $547.7 $38.6 1,412 5.9% 6