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RUSSEL METALS ANNOUNCES 2025 ANNUAL MEETING VOTING RESULTS

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Russel Metals (RUS: TSX) held its 2025 annual meeting of shareholders on May 7, 2025, with 60.91% of outstanding shares represented. All nine director nominees were successfully elected with strong approval ratings, ranging from 88.47% to 99.45%. The company's "say on pay" resolution received 79.38% approval, and KPMG LLP was confirmed as auditors.

Russel Metals operates as one of North America's largest metals distribution companies, focusing on three segments: metals service centers, energy field stores, and steel distributors. The company specializes in various metal products including carbon steel, pipe products, stainless steel, and aluminum.

Russel Metals (RUS: TSX) ha tenuto la sua assemblea annuale degli azionisti 2025 il 7 maggio 2025, con il 60,91% delle azioni in circolazione rappresentate. Tutti e nove i candidati al consiglio di amministrazione sono stati eletti con ampi consensi, con percentuali di approvazione che variano dal 88,47% al 99,45%. La risoluzione "say on pay" dell'azienda ha ottenuto un'approvazione del 79,38% e KPMG LLP è stata confermata come revisore dei conti.

Russel Metals opera come una delle più grandi società di distribuzione di metalli del Nord America, concentrandosi su tre segmenti: centri di servizio per metalli, negozi per il settore energetico e distributori di acciaio. L'azienda è specializzata in diversi prodotti metallici tra cui acciaio al carbonio, prodotti tubolari, acciaio inossidabile e alluminio.

Russel Metals (RUS: TSX) celebró su junta anual de accionistas 2025 el 7 de mayo de 2025, con un 60,91% de las acciones en circulación representadas. Los nueve candidatos a directores fueron elegidos con amplios niveles de aprobación, que oscilaron entre el 88,47% y el 99,45%. La resolución "say on pay" de la compañía recibió un 79,38% de aprobación, y KPMG LLP fue confirmada como auditor.

Russel Metals opera como una de las mayores distribuidoras de metales en Norteamérica, enfocándose en tres segmentos: centros de servicio de metales, tiendas para el sector energético y distribuidores de acero. La empresa se especializa en diversos productos metálicos, incluyendo acero al carbono, productos tubulares, acero inoxidable y aluminio.

Russel Metals (RUS: TSX)는 2025년 5월 7일 2025년 연례 주주총회를 개최했으며, 총 발행 주식의 60.91%가 참석했습니다. 9명의 이사 후보 전원이 성공적으로 선출되었으며, 승인율은 88.47%에서 99.45% 사이였습니다. 회사의 '임금에 대한 의견' 결의안은 79.38%의 찬성을 받았고, KPMG LLP가 감사인으로 재확인되었습니다.

Russel Metals는 북미 최대 금속 유통업체 중 하나로, 금속 서비스 센터, 에너지 현장 매장, 강철 유통업체 세 가지 부문에 중점을 두고 있습니다. 이 회사는 탄소강, 파이프 제품, 스테인리스 스틸, 알루미늄 등 다양한 금속 제품을 전문으로 합니다.

Russel Metals (RUS : TSX) a tenu son assemblée annuelle des actionnaires 2025 le 7 mai 2025, avec 60,91% des actions en circulation représentées. Les neuf candidats au conseil d'administration ont été élus avec de fortes approbations, allant de 88,47% à 99,45%. La résolution « say on pay » de la société a reçu 79,38% d'approbation, et KPMG LLP a été confirmée en tant qu'auditeurs.

Russel Metals est l'une des plus grandes entreprises de distribution de métaux en Amérique du Nord, se concentrant sur trois segments : les centres de services métallurgiques, les magasins de terrain pour l'énergie et les distributeurs d'acier. La société est spécialisée dans divers produits métalliques, notamment l'acier au carbone, les produits tubulaires, l'acier inoxydable et l'aluminium.

Russel Metals (RUS: TSX) hielt am 7. Mai 2025 seine jährliche Hauptversammlung 2025 ab, bei der 60,91% der ausstehenden Aktien vertreten waren. Alle neun Direktorkandidaten wurden mit starken Zustimmungswerten zwischen 88,47% und 99,45% erfolgreich gewählt. Der "Say on Pay"-Beschluss des Unternehmens erhielt eine Zustimmung von 79,38%, und KPMG LLP wurde als Wirtschaftsprüfer bestätigt.

Russel Metals ist eines der größten Metallvertriebsunternehmen Nordamerikas und konzentriert sich auf drei Segmente: Metallservicezentren, Energie-Feldgeschäfte und Stahlvertriebe. Das Unternehmen spezialisiert sich auf verschiedene Metallprodukte, darunter Kohlenstoffstahl, Rohrprodukte, Edelstahl und Aluminium.

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TORONTO, May 8, 2025 /PRNewswire/ - Russel Metals Inc. (RUS: TSX) announces voting results from its 2025 annual meeting of shareholders held on May 7, 2025.  A total of 34,713,455 common shares were represented at the meeting in person or by proxy, representing 60.91% of the 56,985,355 issued and outstanding common shares as of the record date on March 3, 2025.

Shareholders voted in favour of the election of each nominee director as follows:

Nominee

  Votes For

Percentage For

Votes Against

Percentage Against

M. Elyse Allan

33,894,646


99.29 %

242,150


0.71 %

Stewart C. Burton  

33,948,212


99.45 %

188,585


0.55 %

John M. Clark

33,213,980


97.30 %

922,816


2.70 %

James F. Dinning

32,513,868


95.25 %

1,622,928


4.75 %

Brian R. Hedges

33,556,223


98.30 %

580,574


1.70 %

Cynthia Johnston

33,892,773


99.29 %

244,024


0.71 %

Roger D. Paiva

30,200,835


88.47 %

3,935,962


11.53 %

John G. Reid

33,631,159


98.52 %

505,638


1.48 %

Annie Thabet

33,935,727


99.41 %

201,070


0.59 %

The Company's advisory "say on pay" resolution was also approved with 79.38% of the votes cast in favour of the resolution.  In addition, the resolution appointing KPMG LLP as auditors of the Company was approved.

About Russel Metals Inc.

Russel Metals is one of the largest metals distribution companies in North America, with a growing focus on value added processing.  It carries on business in three segments: metals service centers, energy field stores and steel distributors.  Its network of metals service centers carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals.  Its energy filed stores carry a specialized product line focused on the needs of energy industry customers.  Its steel distributors act as master distributors selling steel in large volumes to other steel service centers and large equipment manufacturers mainly on an "as is" basis.

If you would like to unsubscribe from receiving Press Releases, you may do so by emailing subscriber@russelmetals.com; or by calling our Investor Relations Line: 905-816-5178.

Website:  www.russelmetals.com

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SOURCE Russel Metals Inc.

FAQ

What were the voting results for Russel Metals' 2025 annual meeting?

At the 2025 annual meeting, all nine director nominees were elected with approval ratings between 88.47% and 99.45%. The 'say on pay' resolution received 79.38% approval, and KPMG LLP was confirmed as auditors.

What percentage of Russel Metals (RUSMF) shares were represented at the 2025 annual meeting?

A total of 34,713,455 common shares were represented at the meeting, accounting for 60.91% of the 56,985,355 issued and outstanding shares.

Who received the highest and lowest approval ratings among Russel Metals' director nominees?

Stewart C. Burton received the highest approval at 99.45%, while Roger D. Paiva received the lowest approval at 88.47%.

What are the main business segments of Russel Metals?

Russel Metals operates in three main segments: metals service centers, energy field stores, and steel distributors.
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