Starting today, Kloeckner shareholders can accept the Delisting Offer by tendering their shares for a cash consideration of EUR 11.00 per Kloeckner share. The acceptance period runs from July 15, 2026 to August 12, 2026, 24:00 hrs (Frankfurt am Main local time) / 18 hrs (New York local time).

Worthington Steel currently holds approximately 62% of Kloeckner’s outstanding shares following the completion of its Voluntary Public Takeover Offer on June 3, 2026. The Delisting Offer provides remaining Kloeckner shareholders with an additional opportunity to tender their shares for cash consideration.

The Delisting Offer is not subject to any closing conditions and does not include a minimum acceptance threshold. It is made exclusively pursuant to the terms set out in the Delisting Offer Document approved by Bafin.

Following the effectiveness of the delisting, Kloeckner shares will no longer be admitted to trading on a regulated market in Germany or on a comparable market abroad, which may result in significantly reduced liquidity and limited price discovery for Kloeckner shares.