Steel Partners Holdings Declares Regular Quarterly Distribution On its Series A Preferred Units

NEW YORK--(BUSINESS WIRE)-- Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company, today announced that its board of directors has declared a regular quarterly cash distribution of $.375 per unit, payable March 15, 2025, to unitholders of record as of March 1, 2025, on its 6% Series A Preferred Units, no par value ("Series A Preferred").

Any future determination to declare distributions on its units of Series A Preferred, and any determination to pay such distributions in cash or in kind, or a combination thereof, will remain at the discretion of Steel Partners' board of directors and will be dependent upon a number of factors, including the company's results of operations, cash flows, financial position, and capital requirements, among others.

About Steel Partners Holdings L.P.

Steel Partners Holdings L.P. (www.steelpartners.com) is a diversified global holding company that owns and operates businesses and has significant interests in various companies, including diversified industrial products, energy, defense, supply chain management and logistics, direct marketing, banking, and youth sports.

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For more information, contact:

Jennifer Golembeske

212-520-2300

jgolembeske@steelpartners.com

Source: Steel Partners Holdings L.P.

FAQ

What is the amount of Steel Partners' (SPLP) quarterly distribution for Series A Preferred Units in 2025?

Steel Partners (SPLP) declared a quarterly cash distribution of $0.375 per unit on its 6% Series A Preferred Units.

When is the payment date for SPLP's Series A Preferred Units distribution in March 2025?

The distribution will be paid on March 15, 2025, to unitholders of record as of March 1, 2025.

What factors determine SPLP's future Series A Preferred Unit distributions?

Future distributions depend on factors including operational results, cash flows, financial position, and capital requirements, as determined by the board of directors.

How are SPLP's Series A Preferred Unit distributions paid to unitholders?

Distributions can be paid in cash, in-kind, or a combination thereof, as determined by Steel Partners' board of directors.