The Urgent Need for Change and The Superior Path Forward slide image

The Urgent Need for Change and The Superior Path Forward

OUR SOLUTION: AN EXCEPTIONAL SLATE OF DIRECTOR NOMINEES WITH THE RIGHT EXPERTISE PRIVET FUND Each individual on our five-member slate was carefully chosen because he or she possesses unique perspectives and skills that can help transform Synalloy from a poor performer to a world-class organization ANDEE HARRIS Ms. Harris is CEO of Franklin Heritage, a private equity firm investing in cutting- edge tech and manufacturing companies, which she founded after serving as CEO of High Ground Enterprise Solutions and leading people analytics and performance management at top software firms. CHRISTOPHER HUTTER Mr. Hutter is the Co-Founder and Manager of UPG, a proven and successful high- growth operator of eight top industrial companies across metals, manufacturing, distribution and logistics verticals. UPG has grown to more than $725 million in annual revenue since its founding in 2014. UPG STRONGER TOGETHER ALDO MAZZAFERRO Mr. Mazzaferro is Managing Partner at Mazzaferro Research, a steel industry research boutique that he founded in 2017 after spending decades as a top metals analyst and industry executive at premier institutions, such as Macquarie Capital and Goldman Sachs. BENJAMIN ROSENZWEIG Mr. Rosenzweig is a partner at Privet, Synalloy's largest stockholder, and has a strong track record as an investor in the industrials space. He also possesses extensive experience serving as a public and private company director across the business-to-business sectors. 01. 02. 03. 04. 05. JOHN P. SCHAUERMAN Mr. Schauerman most recently served as EVP of Corporate Development at Primoris Services Corporation (NASDAQ: PRIM), a specialty construction and infrastructure company. He also has deep executive and board service experience across a range of successful industrial businesses. Executive Summary Proven Expertise Industrial operations and executional excellence ✓ Manufacturing of steels and metals ✓ Effective marketing and branding ✓ Identifying operational efficiencies Supply chain management Materials and commodity management ✓ Cost cutting and optimizing balance sheets ✓ Effective capital allocation Strategic planning Corporate governance and creating stockholder value ✓ Building a strong corporate culture 19
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