Worthington Steel (WS) Investor presentation summary

Strategic positioning and growth opportunities

• Positioned to benefit from rising electricity demand, data center expansion, vehicle electrification, and grid modernization.

• Maintains long-standing customer relationships focused on value creation and service.

• Strong balance sheet and liquidity support strategic investments and acquisitions.

• Experienced management team leverages the Worthington Business System for value delivery.

Business model and operational strengths

• Leading independent producer of hot-dipped galvanized steel and tailor welded blanks in North America.

• Operates 37 locations with ~6,000 employees, delivering 3.6M tons annually and $3.4B in net sales.

• 90% of shipments undergo at least two value-added processes, emphasizing customization and supply chain management.

• Extensive joint ventures expand processing capabilities and geographic reach.

Market leadership and customer base

• Serves diversified end markets: automotive, construction, heavy truck, agriculture, and energy.

• Recognized by blue-chip customers with multiple supplier awards.

• 80% of automotive steel sales support powertrain-agnostic parts, ensuring relevance across propulsion technologies.