Mr. Martin Juravsky reports

RUSSEL METALS ANNOUNCES 2026 ANNUAL MEETING VOTING RESULTS

Russel Metals Inc. has released the voting results from its 2026 annual meeting of shareholders held on May 6, 2026. A total of 31,247,659 common shares were represented at the meeting in person or by proxy, representing 56.79 per cent of the 55,021,755 issued and outstanding common shares as of the record date on March 17, 2026.

Shareholders voted in favour of the election of each nominee director, as detailed in the attached table.

The company's advisory say-on-pay resolution and resolution appointing KPMG LLP as the auditor of the company were both approved.

About Russel Metals Inc.

Russel Metals is one of the largest metals distribution companies in North America. It carries on business in three segments: metals service centres, energy field stores and steel distributors. Its network of metals service centres carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot-rolled and cold-finished steel, pipe and tubular products, stainless steel, aluminum, and other non-ferrous specialty metals. Its energy field stores carry a specialized product line focused on the needs of energy industry customers. Its steel distributors operations act as master distributors selling steel in large volumes to other steel service centres and large equipment manufacturers mainly on an as-is basis.