Company: ZEUS
Filing Date: 2025-10-30
Form Type: 425
Source: 0001193125-25-257069
Chunk: 33

Company: OLYMPIC STEEL INC
Filing Date: 2025-10-30
Form: 425
Chunk 33
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 by it makes such licensing or qualification necessary, except where the failure to have such power and authority or to be so licensed or
qualified, individually or in the aggregate, has not had and would not reasonably be expected to have a Company Material Adverse Effect. The Company has made available to Parent true, complete and correct copies of the Amended and Restated Articles
of Incorporation (the “”), and Amended and Restated Code of Regulations (the “”) of the Company as in effect as of the date of this Agreement. The
Company is not in violation in any material respect of any of the provisions of the Company Charter or Company Code of Regulations.

14

(b) Each Subsidiary of the Company is a corporation or other entity duly organized, validly
existing and, to the extent applicable, in good standing under the Laws of the jurisdiction of its incorporation or organization and has the requisite corporate or organizational, as the case may be, power and authority to own or lease its
properties and assets and to carry on its business as it is now being conducted, except as has not had and would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect. Each Subsidiary of the Company
is duly licensed or qualified to do business in each jurisdiction in which the nature of the business conducted by it or the character or location of the properties and assets owned or leased by it makes such licensing or qualification necessary,
except where the failure to be so licensed or qualified, individually or in the aggregate, has not had and would not reasonably be expected to have a Company Material Adverse Effect.

3.2 .

(a) The authorized capital stock of the Company consists of 20,000,000 shares of Company Common Stock and 5,000,000 shares of serial preferred
stock, without par value, of the Company (the “”). As of October 24, 2025 (the “”), (i) 11,197,621 shares of Company Common Stock (other than treasury shares)
were issued and outstanding, all of which were validly issued and fully paid, nonassessable and free of preemptive rights, (ii) no shares of Company Common Stock were held in the treasury of the Company or by its Subsidiaries,
(iii) 1,400,000 shares of Company Common Stock were reserved for issuance pursuant to the Company Stock Plans, of which amount (A) 603,480 shares of Company Common Stock were underlying outstanding