Company: ZEUS
Filing Date: 2025-10-29
Form Type: 425
Source: 0001193125-25-256374
Chunk: 16

Company: OLYMPIC STEEL INC
Filing Date: 2025-10-29
Form: 425
Chunk 16
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 And we’ve got a high degree of investment going into that in terms of the branded products and some of the high margin fabricating equipment, especially
metals I talked about already. That’s been a growth engine for us. And then, of course, the pipe and tube business, which is highly tilted to tube and we do a lot of highly intricate value add work on the tube. So it’s really a higher
EBITDA segment than the others when you look at it as a percentage of revenue. So and then the next page is really just a lot of what we’ve already talked about. So I’m not going to repeat ourselves. So, Eddie, back to you.

- 8 -

Edward Lehner: Hey. Thanks, Rick. Appreciate it. So as we conclude our run through the presentation, I want
to speak to this in summary, because I think you’ve heard a lot of really good things. And really, I think you can really envision now the potential and possibilities of the merged company. And it really goes to the heart again of the
spotlight on synergies. And look, we’re going to get them all. And I’m going to share with you briefly again a couple more because I want to I want to put down these breadcrumbs. I want to put down these nuggets. When you look at
investments we made over the last four years, for example, in non-ferrous polishing and buffing and grinding, and you look at Olympic’s franchise and specialty metals, there really is another really
excellent synergy between those two capacities.

When you look at slitting, for example, Ryerson has a lot of cut to length lines. We
don’t really match that cut to length capacity with as much slitting capacity as we need. Olympic has wisely made those investments in slitting both on the carbon and non-ferrous side. So that’s
another really good fit as we look at creating better customer solutions over that horizon. really long, long, long into the future between our combined companies. So with that, we’d like to go ahead and open it up to your questions and look
forward to answering them all.

Operator: Well, thank you. If you would like to signal with questions, please press star one on your touch tone telephone.
If you’re joining us today using a speakerphone, please make sure your mute function is turned off to allow your signal to reach our equipment. Again, that is star one if you