Earnings Call · Q1 FY2022·2021-08-05

Q1 22EPS -4.65%·Rev n/aQ4 21EPS +29.41%·Rev n/aQ3 21EPS +58.82%·Rev n/aQ2 21EPS -4.50%·Rev n/a⚠ consensus missing

ADVANCED DRAINAGE SYSTEMS, INC. WMS

Michael Higgins — Host/Investor Relations

D. Barbour — President and CEO

Scott Cottrill — Chief Financial Officer (CFO)

Scott discussed in detail the actions we have taken around the largest drivers of the margin compression — Unclear, likely an executive (possibly Scott Cottrill or Scott Barbour)

−5.4%1d on move date−6.1% vs SPY3d−6.0%5d−2.8%

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