2019 Q4 LIFE Newsletter

I S S U E 19 | NOV EMB E R 2 0 19

Quarterly Newsletter

RS Silver Anniversary on the NYSE

Q3 Results are In!

$2.69B QUARTERLY NET SALES 30.3% GROSS PROFIT MARGIN $490.9M CASH FLOW FROM OPERATIONS

$2.40 DILUTED EPS

Our executive management team represented Reliance on the New York Stock Exchange as CEO Jim Hoffman rang The Closing Bell. What a way to celebrate our 25th anniversary as a public company! This milestone, along with our 80th annivesary as a company, are achievements for all of us to celebrate as one Family of Companies. Did you receive your Reliance Anniversary coin? It's a small token of appreciation that recognizes the part you had in making our company the largest metals service center in North America – and, in our opinion, the best!

Some facts about our IPO: • It took place on September 16, 1994 – 3,450,000 shares were issued, raising $46M • A secondary public stock offering took place in November 1997, with a 3-for-2 stock split – 3,595,000 additional shares were sold, raising $94M • We've completed 66 acquisitions since then • RS stock closed at an all time high of $119.73 on Oct. 29, 2019 That's not all. Reliance is continuing to grow, improve, and innovate. As Jim often says, it's good to be us!

Our Q3 earnings call took place on Thursday, October 24. We had a good one! As expected, our not-so-secret "sauce" keeps us at the top. We continue to invest in ourselves so that we can provide increased value-added services. In Q3 alone, we spent $58.9 million on capital expenditures. And above all, we continue to provide best- in-class customer service across all of our products and end markets. Great work, everyone! Head to the News page on our website to read the full results.

RELIANCE IS ON SOCIAL MEDIA

IN THIS ISSUE wellness@reliance – New Program Year!................................. 2 Benefits – Annual Enrollment is Here...................................... 3 Safety Focus – Accountability.................................................. 4 Cybersecurity – Something Phishy in Your Mailbox?.............. 5 Community Stories. ................................................................. 6 Employee Service Anniversaries.............................................. 8

@reliancesteelaluminumco

@Reliance_RS

Reliance Steel & Aluminum Co.

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