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Russel Metals Announces 2021 Annual Meeting Voting Results

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TORONTO, May 5, 2021 /PRNewswire/ - Russel Metals Inc. (TSX: RUS) announces voting results from its 2021 annual meeting of shareholders held on May 5, 2021. A total of 28,965,917 common shares were represented at the meeting in person or by proxy, representing 46.50% of the 62,295,441 issued and outstanding common shares as of the record date on March 19, 2021.

Shareholders voted in favour of the election of each nominee director as follows:

Nominee

Votes For

Percentage For

Votes Withheld

Percentage
Withheld

Linh J. Austin

28,460,870

99.44%

159,436

0.56%

John M. Clark

27,917,032

97.54%

703,274

2.46%

James F. Dinning

27,517,222

96.15%

1,103,084

3.85%

Brian R. Hedges

28,083,382

98.12%

536,924

1.88%

Cynthia Johnston

28,494,596

99.56%

125,710

0.44%

Alice D. Laberge

27,599,722

96.43%

1,020,584

3.57%

William M. O'Reilly

27,655,242

96.63%

965,064

3.37%

Roger D. Paiva

28,486,244

99.53%

134,062

0.47%

John G. Reid

28,091,430

98.15%

528,876

1.85%

Annie Thabet

28,515,101

99.63%

105,205

0.37%

John R. Tulloch

28,252,867

98.72%

367,439

1.28%

The Company's advisory "say on pay" resolution was also approved with 91.15% of the votes cast in favour of the resolution. In addition, the resolution appointing Deloitte LLP as auditors of the Company was 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 centers, energy products and steel distributors. Its network of metals service centers 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 products operations 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 centers and large equipment manufacturers mainly on an "as is" basis.

If you would like to unsubscribe from receiving Press Releases, you may do so by emailing info@russelmetals.com; or by calling our Investor Relations Line: 905-816-5178.

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SOURCE Russel Metals Inc.