Company: ZEUS
Filing Date: 2025-10-30
Form Type: 425
Source: 0001193125-25-257069
Chunk: 172

Company: OLYMPIC STEEL INC
Filing Date: 2025-10-30
Form: 425
Chunk 172
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 with the Company’s past practice of calculating EBITDA for purposes of its annual bonus plan. Notwithstanding the foregoing, 
 the maximum amount of your 2026 Annual Bonus will in no event be greater than $3,000,000.                                                                                                                        |

| 3. | ROA Floor. Your 2026 Annual Bonus will be subject to the achievement of a Return on Assets by the                                                    
 Company Group of at least 5%. If the Company Group’s Return on Assets is less than 5% during 2026, you shall not be entitled to a 2026 Annual Bonus. |

| 5. | Extraordinary items will be excluded in assessing the level of performance for purposes of determining your                                                                                                                                              
 2026 Annual Bonus (e.g., large write-down of an asset unrelated to normal operations), unless the Parent Board determines that an extraordinary item shall not be excluded and the inclusion of the extraordinary item results in a lesser award amount. 
 Further, the Parent Board may make such other equitable adjustments in determining the 2026 Annual Bonus payable to you hereunder to reflect (i) a significant acquisition or divestiture, (ii) a significant capital transaction, and                   
 (iii) any other unusual nonrecurring or other extraordinary event or item, including, without limitation, those resulting from the integration of the Combined Companies, in each case, as the Parent Board deems, in its good faith discretion,         
 required in order to address any dilution or enlargement of the rights intended to be granted to, or available for, you herein.                                                                                                                          |

Exhibit B “Cause” Definition “ Cause” means a reasonable determination by the Parent Board made in good faith, pursuant to the exercise of its business judgment, that anyone of the following events has occurred:

| • |     | You are found by the Parent Board to have engaged in (i) willful misconduct, (ii) willful or gross  
 neglect, (iii) fraud, (iv) misappropriation, or (v) embezzlement in the performance of your duties; |

| • |     | You are found by the Parent Board to have failed to provide reasonable cooperation with any federal government or                                                                                                                
 other governmental regulatory investigation, the reasonableness of such cooperation to be determined by reference to statutory and regulatory authorities, Federal Sentencing Guidelines, and relevant case law interpretations; |

| • |     | You sign or certify statements required to be made pursuant to Sarbanes-Oxley Sections 302 and 906,