Esmark Steel Group Announces Roberto M. Alvarez as Chief Executive Officer

NEWS RELEASE

CHICAGO HEIGHTS, IL.; January 6, 2021 – Esmark Steel Group, a subsidiary of Esmark, Inc., announced today that Roberto M. Alvarez has been appointed chief executive officer, effective January 1, 2021.

“Roberto has been a key part of the Esmark enterprise for many years, serving as executive vice president and as a member of the Board of Directors,” said Jim Bouchard, chairman, Esmark, Inc. “We believe that Roberto’s years of experience, not only with Esmark but also within the broader steel industry, position him as a strong leader as he steps into this next role as chief executive officer of Esmark Steel Group.”

“I’m excited to take on this role and these new responsibilities with Esmark Steel Group,” said Alvarez. “Having begun my career in the steel service center industry, I’m thrilled to come full circle and now lead one of the industry’s best.”

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About Esmark Steel Group

Esmark Steel Group, a wholly owned subsidiary of Esmark, Inc., is one of the United States’ leading processors and distributors of value-added flat-rolled steel and the third-largest U.S. producer of tin plate steel. We offer the products, services and innovations to help our customers gain and sustain the competitive edge in their industries. www.esmarksteelgroup.com

About Esmark, Inc.

Esmark, Inc. is a diversified, privately-held family company with a portfolio of industrial companies with strong roots in the steel industry. Over the years, Esmark has diversified its interests and operations into a number of businesses engaged in the industrial and commodity sectors. Esmark (a former publicly traded company on NASDAQ: ESMK) has focused on several key industries including steel services, oil and gas exploration, aviation, real estate, professional services, technology and youth sports development. The company is also an active corporate citizen in the communities it serves, having committed more than $5 million in philanthropic support of a wide range of humanitarian, education, family wellness and youth sports programs in Pennsylvania, Illinois and internationally. esmark.com