Company: ZEUS
Filing Date: 2025-10-29
Form Type: 425
Source: 0001193125-25-256374
Chunk: 4

Company: OLYMPIC STEEL INC
Filing Date: 2025-10-29
Form: 425
Chunk 4
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 to work together with Eddie and his team at Ryerson. We’re looking forward to
closing so we can get to work and deliver on the benefits of the merger, and really unlock the value that this combination brings to shareholders, our customers, our employees and the communities where we all live and work. And I know I speak for
you, Eddie, we’re engaged. We’re energized and committed to deliver the compelling value proposition in front of us with shared values and a shared vision for success.

And so, with that, maybe we’ll get right into the slide presentation. And let’s start with the big picture. I think the
combination, as you see, solidifies and enhances the new company’s presence as the second largest metal service center in North America. Together, we’ll have over $6.5 billion of revenue and will serve our customers from an
expansive North American network of over 160 facilities, providing new breadth, new depth of products and processing services, as well as a greater ability to offer our customers customized metal solutions and improve speed and efficiency.

Together, we expect to realize $120 million of synergies. And that’ll be phased in over two years, which is obviously a compelling
contributor to the future margin enhancement and value creation. Eddie’s going to provide some more details on the synergies in a moment. So combined, our new company will have a stronger financial profile, as the merger is an all-stock transaction, greater free cash flow and a stronger, more flexible balance sheet only provide more opportunities for future growth than I think we’d be able to accomplish separately. So, Eddie,
I’ll turn it over to you for the next slide.

Edward Lehner: Hey, Rick, thanks so much. And really, you spoke so beautifully at the outset. And I,
too, want to welcome all of our stakeholders. I want to welcome everybody from Olympic and Ryerson that are on the call this morning, and to really continue why we think this is such a compelling and attractive merger between our two companies, with
a combined 255 years of experience in the service center business, hard won experience in the service center business. When we look at the transaction, and within the next page of our presentation, I want to go right to synergies. And I want to give
you two examples of synergies, because I think they’re powerful examples. And we’ve renamed this room Synergy Central or Perspective Synergy Central.

So I want to share just a couple