Company: ZEUS
Filing Date: 2025-10-28
Form Type: 425
Source: 0001437749-25-032007
Chunk: 1

Company: OLYMPIC STEEL INC
Filing Date: 2025-10-28
Form: 425
Chunk 1
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 our employees and more products, services and support for our customers. |

| ● | We’ll share additional information as it becomes available, and you can access the Frequently Asked Questions, or “FAQs”, document through the announcement email or your supervisor. |

| ● | You can also learn more about Ryerson on their website at r-y-e-r-s-o-n .com and by following their social media pages. |

[transition to Michael Siegal’s message]

| ● | Now, I’d like to invite Michael Siegal, our Executive Chairman, to share some additional thoughts. |

| ● | Once the merger closes, Michael will become Chairman of the Board for Ryerson, the position he holds now for Olympic Steel. |

MICHAEL SIEGAL

| ● | Greetings! |

| ● | I began my Olympic Steel career in a $15 million, single-location service center in Cleveland, Ohio, in 1974. |

| ● | Twenty years earlier, in 1954, my father and uncle started the company, and by the time leadership transitioned in 1984, Olympic Steel was an approximately $30 million company, having doubled in that 10-year period. |

| ● | By 1994, the year we became public, we were over $300 million in sales with multiple locations. |

| ● | No one – my relatives especially – could have imagined that much growth in just 20 years. |

| ● | Today, we are a $2 billion sales, value-based company with more than 50 locations and over 2,000 employees. |

| ● | And, it’s time to take the next step and accelerate our meteoric growth. |

<div align='center'>- 2 -</div>

| ● | To that end, we enthusiastically announced our agreement to merge with Ryerson, a 183-year-old service center with over $4.5 billion in sales. |

| ● | Together, we will be a strong force in the collective metals industry. |

| ● | For shareholders, this creates greater value and flexibility in their investment. |

| ● | For customers - more availability of resources and services. |

| ● | And for our employees, it means better opportunities for career growth and advancement. |

| ● | We will become a subsidiary of Ryerson, I fully expect the Olympic Steel spirit to thrive and our Core Values to remain. |

| ● | Starting a business is always the biggest challenge, so thank you to the Siegal brothers for