2024 4th Quarter Profit Sharing

The 9/1/2022 United Steelworkers Basic Labor Agreement (BLA) provides for a profit-sharing pool of 6% of the Company’s profits, defined as Earnings Before Interest and Taxes (EBIT).

There was an EBIT of (-340,000,000). There were 6,040,820 eligible hours worked resulting in a profit-sharing amount of $0.00 per hour with a maximum of 48 eligible hours per week.

In Solidarity,
Pete Trinidad Sr.,
President
USW Local 6787