Company: ZEUS
Filing Date: 2025-10-30
Form Type: 425
Source: 0001193125-25-257069
Chunk: 55

Company: OLYMPIC STEEL INC
Filing Date: 2025-10-30
Form: 425
Chunk 55
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ous or similar provision of U.S. state or local or non-U.S. Law).

(viii)
Neither the Company nor any of its Subsidiaries conducts a trade or business, has a permanent establishment (within the meaning of an applicable Tax treaty), operates or conducts business through any branch or is otherwise subject to taxation, in
each case, in any country other than the country of its formation.

(b) Neither the Company nor any of its Subsidiaries has constituted,
in the two years prior to the date of this Agreement, a “distributing corporation” or a “controlled corporation” (within the meaning of Section 355(a)(1)(A) of the Code) in a distribution of stock intended to qualify for
tax-free treatment under Section 355 of the Code (or any comparable, analogous or similar provision of U.S. state or local, or non-U.S. Law) or otherwise as part of
a plan (or series of related transactions), within the meaning of Section 355(e) of the Code, that includes the Merger.

(c) Neither
the Company nor any of its Subsidiaries is aware of any facts, agreements, plans or other circumstances or has taken or agreed to take any action that would reasonably be expected to prevent or impede the Merger from qualifying for the Intended Tax
Treatment.

3.16 .

(a) of the Company Disclosure Schedule sets forth a true and complete list, as of the date hereof, of each of
the following Contracts (excluding any Company Benefit Plans) (other than with respect to ) to which the Company or any of its Subsidiaries is a party or by which the Company or any of its Subsidiaries or
any of their material assets or businesses are bound (and any amendments thereto) (the “”):

(i) any Contract that is a “material contract” (as such term is defined in Item 601(b)(10) of Regulation S-K of the Exchange Act);

(ii) any Contract relating to indebtedness
for borrowed money (or guarantee thereof), in excess of $5,000,000, other than Contracts solely among the Company and its Subsidiaries;

(iii) any Contract that relates to the purchase, acquisition, sale, transfer or disposition of a business or assets by the
Company or any of its Subsidiaries pursuant to which the Company or any of its Subsidiaries has any continuing “earnout” or other contingent or deferred payment obligations