Kloeckner shareholder vote expected to take place on October 23, 2026

Worthington Steel, Inc., (NYSE:WS) announced today that it has signed a domination and profit and loss transfer agreement ("DPLTA") pursuant to Sections 291 et seq. of the German Stock Corporation Act (AktG) with Kloeckner & Co SE ("Kloeckner") as the controlled company via its wholly owned subsidiary, Worthington Steel GmbH.

The signing follows the completion of Worthington Steel’s voluntary public takeover offer for Kloeckner on June 3, 2026, and the subsequent delisting of Kloeckner shares from the regulated market of the Frankfurt Stock Exchange, effective August 12, 2026.