RUSSEL METALS ANNOUNCES 2026 ANNUAL MEETING VOTING RESULTS

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Russel Metals (OTC: RUSMF) reported results from its 2026 annual meeting held May 6, 2026. Shareholders representing 31,247,659 shares (56.79%) of 55,021,755 outstanding shares voted.

All nine director nominees were elected with >96% votes in favour; the advisory "say on pay" and KPMG LLP auditor appointment were approved.

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TORONTO, May 7, 2026 /PRNewswire/ - Russel Metals Inc. (RUS : TSX) announces voting results from its 2026 annual meeting of shareholders held on May 6, 2026.  A total of 31,247,659 common shares were represented at the meeting in person or by proxy, representing 56.79% of the 55,021,755 issued and outstanding common shares as of the record date on March 17, 2026.

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	30,453,532		98.13 %		581,733		1.87 %
Stewart C. Burton	30,753,359		99.09 %		281,908		0.91 %
John M. Clark	29,280,635		97.49 %		754,630		2.51 %
James F. Dinning	29,873,675		96.26 %		1,161,590		3.74 %
Brian R. Hedges	30,355,372		97.81 %		679,895		2.19 %
Cynthia Johnston	30,555,136		98.53 %		457,181		1.47 %
Roger D. Paiva	30,776,251		99.17 %		259,016		0.83 %
John G. Reid	30,634,833		98.71 %		400,434		1.29 %
Annie Thabet	30,863,783		99.45 %		171,484		0.55 %

The Company's advisory "say on pay" resolution and resolution appointing KPMG LLP as auditors of the Company were both approved.

About Russel Metals Inc.
Russel Metals is one of the largest metals distribution companies in North America.  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 field stores carry a specialized product line focused on the needs of energy industry customers.  Its steel distributors operations 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

How many shares were represented at Russel Metals' 2026 annual meeting (RUSMF)?

31,247,659 common shares were represented, equal to 56.79% of outstanding shares. According to the company, this represents votes cast in person or by proxy at the May 6, 2026 meeting, using a record date of March 17, 2026.

Were all director nominees elected at Russel Metals' 2026 meeting (RUSMF)?

Yes, all nine nominees were elected, each receiving more than 96% support. According to the company, vote percentages ranged from 96.26% to 99.45% in favour across the slate of directors at the May 6, 2026 meeting.

What were the top vote percentages for Russel Metals directors in 2026 (RUSMF)?

The highest reported percentage was 99.45% for Annie Thabet, and several others exceeded 98%. According to the company, most nominees received between 97% and 99% of votes in favour during the May 6, 2026 vote.

Did Russel Metals shareholders approve the advisory "say on pay" at the 2026 meeting (RUSMF)?

Yes, the advisory "say on pay" resolution was approved by shareholders at the May 6, 2026 meeting. According to the company, the resolution received the requisite shareholder support to be passed as an advisory vote.

Who was appointed as auditors for Russel Metals at the 2026 annual meeting (RUSMF)?

Shareholders approved the appointment of KPMG LLP as auditors for the company. According to the company, the resolution to appoint KPMG LLP was approved at the May 6, 2026 annual meeting.