Steel & Tube Shareholder Newsletter December 2023

Steel & Tube Holdings Limited (NZX: STU) has today released its Shareholder Newsletter for December 2023. In this newsletter we've commented on current trading conditions, and our long term outlook, as well as earnings guidance for the six months ending 31 December 2023 (1H24), as announced to the NZX today. We also share stories on customer partnerships, projects and initiatives in our business which underpin our success. In particular, we are pleased to be gifting all permanent team members with 70 shares each in Steel & Tube as part of our 70th anniversary. This recognises the vital contribution that our people make to the success and longevity of the company. The Newsletter is part of Steel & Tube's commitment to keeping our shareholders informed about the business and the contribution our company makes to New Zealand's economic development and prosperity. A copy is attached and can also be viewed on the company's website at https://steelandtube.co.nz/shareholder-newsletters. ENDS For further information please contact: Mark Malpass Steel & Tube CEO Tel: +64 27 777 0327 Email: mark.malpass@steelandtube.co.nz Richard Smyth Steel & Tube CFO Tel: +64 21 646 822 Email: richard.smyth@steelandtube.co.nz For media assistance, please contact: Jackie Ellis, tel: 64 27 246 2505 Email: jackie@ellisandco.co.nz End CA:00423216 For:STU Type:GENERAL Time:2023-12-11 09:11:59