Algoma Steel Group Inc. Announces Results of Voting at Annual Meeting of Shareholders

SAULT STE. MARIE, Ontario, June 24, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today the results of voting at its annual meeting of shareholders (the “Meeting”) held on June 24, 2025.

All of the nominees listed in the management information circular prepared in connection with the Meeting were elected as directors of the Company. The Company received proxies and virtual votes at the Meeting as set out below:

Nominee	Votes For	Votes Withheld	Total Votes
Mary Anne Bueschkens	63,288,046	1,619,736	64,907,782
Sean Donnelly	63,618,650	1,289,132	64,907,782
Michael Garcia	63,619,558	1,288,224	64,907,782
James Gouin	63,618,100	1,289,682	64,907,782
Andy Harshaw	63,514,669	1,393,113	64,907,782
Sanjay Nakra	63,563,641	1,344,141	64,907,782
Melinda J. Newman	63,512,570	1,395,212	64,907,782
Eric S. Rosenfeld	62,962,411	1,945,371	64,907,782
Gale Rubenstein	63,480,639	1,427,143	64,907,782
David D. Sgro	59,221,098	5,686,684	64,907,782

The Company reports that the appointment of Deloitte LLP as the Company’s auditors for the 2025 calendar year was passed by a majority of the votes represented at the Meeting.

The Company also reports that the non-binding advisory resolution on executive compensation, outlined in the management information circular dated May 1, 2025, was approved by a majority of votes at the Meeting. The circular is available on SEDAR+ and the Securities and Exchange Commission’s (“SEC”) EDGAR website.