Mr. Ali Mahdavi reports

TREE ISLAND STEEL PROVIDES UPDATE ON ANNUAL GENERAL MEETING OF SHAREHOLDERS

Tree Island Steel Ltd. has provided the following update on the time of the company's annual general meeting of shareholders. The meeting will now start at 11:30 a.m. PT (previously scheduled for 9 a.m. PT). The date of the meeting remains the same.

Meeting date:  May 15, 2026

Time:  11:30 a.m. PT

Meeting location:   Stikeman Elliott LLP, 2700, 666 Burrard St., Vancouver, B.C., V6C 2X8

Proxy voting information

Registered shareholders and beneficial shareholders who have already submitted their proxy or voting instruction form do not need to resubmit them, as the proxyholder will remain to be able to vote the shares until May 13, 2026, at 4 p.m. ET/1 p.m. PT. The proxies previously submitted remain valid. Tree Island advises shareholders to monitor the company's website or SEDAR+ for any further updates.

About Tree Island Steel Ltd.

Tree Island Steel, headquartered in Richmond, B.C., since 1964, through its operating facilities in Canada and the United States, produces wire products for a diverse range of industrial, residential construction, commercial construction and agricultural applications. Its products include galvanized wire, bright wire; a broad array of fasteners, including packaged, collated and bulk nails; stucco reinforcing products; concrete reinforcing mesh; fencing and other fabricated wire products.