Company: ZEUS
Filing Date: 2025-10-30
Form Type: 425
Source: 0001193125-25-257069
Chunk: 16

Company: OLYMPIC STEEL INC
Filing Date: 2025-10-30
Form: 425
Chunk 16
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 the terms and conditions set
forth in this Agreement;

WHEREAS, the Board of Directors of Parent (the “”) has, subject to
, resolved to recommend the approval of the Parent Common Stock Issuance by the Parent stockholders, and following the execution and delivery of this Agreement, Parent shall adopt and approve this Agreement and
the Transactions as the sole shareholder of Merger Sub;

WHEREAS, the Board of Directors of each of the Company (the “”) and the Board of Directors of Merger Sub has, subject to , in each case unanimously resolved to recommend the adoption of this Agreement by the Company shareholders (in the case of the Company
Board) and Parent as sole shareholder of Merger Sub (in the case of the Board of Directors of Merger Sub);

WHEREAS, for U.S. federal
income Tax purposes, the Parties intend that the Merger qualify as a “reorganization” within the meaning of Section 368(a) of the Internal Revenue Code of 1986, as amended (the “”) (the “”); and

WHEREAS, Parent, Merger Sub and the Company desire to make certain representations, warranties, covenants and
agreements in connection with the Merger and also to prescribe various conditions to the Merger.

AGREEMENT

NOW, THEREFORE, in consideration of the mutual covenants, premises, representations and warranties and agreements contained in this Agreement
and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, and intending to be legally bound, the Parties agree as follows:

ARTICLE 1

THE MERGER

1.1 .

(a) At the Effective Time, Merger Sub shall be merged with and into the Company in accordance with the OGCL, and upon the
terms and conditions set forth in this Agreement, whereupon the separate existence of Merger Sub shall cease and the Company shall continue as the surviving corporation (the “”). As a result of the Merger, the
Surviving Corporation shall become a direct wholly owned subsidiary of Parent. References herein to “the Company” with respect to the period from and after the Effective Time shall be deemed to be references to the “Surviving
Corporation”.

(b) The Merger shall have the effects specified in the OGCL. From and after the Effective Time, the Surviving
Corporation shall possess all the property, rights, powers, privileges, immunities and franchises and be subject to all of the obligations, liabilities and duties of