Tennant Company Golden Valley Minnesota

The move will bring together approximately 500 employees, currently located in three separate buildings on the company`s Golden Valley campus, at the intersection of Highways 100 and 55. Approximately 700 employees will continue to work in Golden Valley. Founded in 1870 and headquartered in Minneapolis, Minnesota, Tennant Company (TNC) is a global leader in developing, manufacturing and marketing solutions that enable customers to achieve high-quality cleaning performance, reduce environmental impact and create a cleaner, safer and healthier world. Products include equipment for surface maintenance in industrial, commercial and outdoor spaces; detergent-free and other sustainable cleaning technologies; cleaning tools and accessories; and coatings for the protection, repair and improvement of surfaces. Tennant`s global field service network is the largest in the industry. Tennant Company had revenues of $1.12 billion in 2018 and employs approximately 4,300 people. Tennant has manufacturing facilities worldwide and sells products directly in 15 countries and through distributors in more than 100 countries. For more information, see www.tennantco.com and www.ipcworldwide.com. The Tennant Company logo and other trademarks marked with the symbol “®” are trademarks of Tennant Company registered in the United States and/or other countries.

INVESTOR CONTACT: Keith WoodwardSenior Vice President and Chief Financial Officer Officerkeith.woodward@tennantco.com763-540-1205 MINNEAPOLIS–(BUSINESS WIRE)–Tennant Company (“Tennant”) (NYSE: TNC), a global leader in developing, manufacturing and marketing solutions that help create a cleaner, safer and healthier world, today announced that its headquarters will be located in Golden Valley in the first half of 2020. Minnesota, in Eden Prairie, Minnesota. The Company will continue to maintain a significant presence in the Golden Valley, including the Company`s largest manufacturing facility and global innovation center. The new headquarters will be located in an existing building on a 40-acre campus at 3 Capital Drive, Eden Prairie. “This is an important milestone for Tennant as we look forward to celebrating our 150th anniversary. the fiscal year will be transferred to our new headquarters,” said Mr. Killingstad. “We can`t think of a better way to celebrate our longevity in business than to move to our new headquarters and usher in a new era for our business.” MEDIA CONTACT: Kathryn LovikGlobal Communications Directorkathryn.lovik@tennantco.com763-540-1212 Before choosing the Eden Prairie campus, the company considered several other options, including the construction of a new building on the current Golden Valley site. The Golden Valley site becomes a campus dedicated to manufacturing and engineering “It`s a good time to move. We operate at the limit of office capacity on our Golden Valley campus and limit our ability to use our existing facilities.

This move creates the opportunity to optimize our Golden Valley site into a dedicated manufacturing and engineering campus,” said Chris Killingstad, President and CEO of Tennant Company. Tennant Company`s partners in this transaction include Oppidan Investment Company and Gensler, an architecture, interior design and planning firm. The purchase price was not disclosed. The cleaning equipment manufacturer will celebrate its 150th anniversary with a new headquarters in Eden Prairie, Minnesota. “Over the years, Tennant has carefully and prudently managed investments in our facilities. This approach has served us well,” Killingstad said. “Ultimately, we found that buying an existing property and consolidating multiple locations into one location is the most fiscally responsible choice for Tennant employees and shareholders.