Mill Road Capital Offers $2.75 Per Share to Acquire Huttig Building Products, Inc. - Seite 2

Obligations and Approvals
This proposal is not legally binding. Binding legal obligations of Mill Road and the Company will be created only through execution and delivery of definitive agreements. Mill Road does not require any outside approvals to complete a transaction (other than such approvals and/or expirations of waiting periods as may be required under applicable antitrust or other laws).

Overview of Mill Road
Mill Road is a private investment firm which has raised approximately $900 million in aggregate committed equity capital. Our limited partners include a prominent and highly respected group of state pension funds, foundations, endowments and insurance companies. Our team is comprised of a core group of former Blackstone professionals who have successfully completed several dozen control transactions with a cumulative transaction value of several billion dollars.

If you have any questions, please feel free to contact me directly at [phone]. I look forward to discussing at your earliest convenience.

Sincerely,

Mill Road Capital Management LLC

 

By:
Justin C. Jacobs
Management Committee Director

About Mill Road Capital

Mill Road Capital is a private investment firm focused on investing in and partnering with publicly traded micro-cap companies in the U.S. and Canada. The firm has flexible, long-term capital with the ability to purchase shares in the open market, buy large block positions from existing shareholders, provide capital for growth or acquisition opportunities, or execute going-private transactions. The firm has raised approximately $900 million of aggregate equity capital commitments and has offices in Greenwich, CT and the San Francisco Bay Area. More information can be found at http://www.millroadcapital.com.

This communication is not an offer to purchase or a solicitation of an offer to sell any securities. This communication relates to an acquisition proposal which Mill Road Capital Management LLC (“Mill Road Capital”) has made to acquire Huttig Building Products, Inc. (“Huttig”). Any such transaction would only be made through documents filed with the U.S. Securities and Exchange Commission (“SEC”). No assurance can be given that any such transaction will occur. If such transaction proceeds and such documents are filed with the SEC, Huttig stockholders are urged to read such documents carefully in their entirety if and when they become available, as they will contain important information about the proposed transaction. Huttig stockholders would be able to obtain such documents (when available) free of charge at the SEC's web site, www.sec.gov or from Mill Road Capital at www.millroadcapital.com or at Mill Road Capital Management LLC, 382 Greenwich Avenue, Greenwich, Connecticut 06830.

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