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Russel Metals Annual Meeting Voting Results

On May 6, 2026, Russel Metals Inc. held its annual shareholders meeting, revealing significant voting outcomes. With a total of 31,247,659 common shares represented, this accounted for 56.79% of the 55,021,755 issued and outstanding common shares as of the record date of March 17, 2026.

Election of Directors

The shareholders cast votes on the election of nominee directors, with the following results:

• - M. Elyse Allan: 30,453,532 votes in favor (98.13% approval)
• - Stewart C. Burton: 30,753,359 votes in favor (99.09% approval)
• - John M. Clark: 29,280,635 votes in favor (97.49% approval)
• - James F. Dinning: 29,873,675 votes in favor (96.26% approval)
• - Brian R. Hedges: 30,355,372 votes in favor (97.81% approval)
• - Cynthia Johnston: 30,555,136 votes in favor (98.53% approval)
• - Roger D. Paiva: 30,776,251 votes in favor (99.17% approval)
• - John G. Reid: 30,634,833 votes in favor (98.71% approval)
• - Annie Thabet: 30,863,783 votes in favor (99.45% approval)

Shareholders overwhelmingly supported the election of all nominees, with each receiving over 96% in favor.

Other Resolutions

The meeting also covered advisory resolutions. Notably, the advisory "say on pay" resolution was approved, giving shareholders a voice in executive compensation, and KPMG LLP was confirmed as the Company’s auditors.

About Russel Metals

Russel Metals Inc. is a leading metals distribution company in North America, operating through three core segments: metals service centers, energy field stores, and steel distributors. The extensive inventory at its metals service centers includes a wide range of carbon steels and non-ferrous special metals. Additionally, energy field stores fulfill specific needs for the energy sector, while steel distributors primarily serve large clients and other service centers.

This annual meeting marks a pivotal moment for Russel Metals, reflecting robust support from its shareholders while steering the company’s future direction with a strong foundation in governance and accountability. As Russel Metals continues on its path, it remains committed to delivering quality service and products to its clients across North America.

Conclusion

The voting results illustrate the confidence shareholders have in Russel Metals' leadership and governance structure, thereby setting a positive tone as the company advances into the 2026 operational year.