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

The Urgent Need for Change and The Superior Path Forward

ENDORSEMENTS FOR OUR NOMINEES ALDO MAZZAFERRO JOHN SCHAUERMAN As our 'voice of the shareholder' on our board, I can always count on Ben to bring us back to shareholder value creation as our touchstone as we make decisions. In his role as shareholder advocate, I can count on him to be vocal but not verbose and I always know where he stands on an issue. Perhaps the highest recommendation I can provide is that Ben is a 'what you see is what you get' person with an authentic drive to leave things better than how he finds them. PRIVET FUND UPG STRONGER TOGETHER I have a very high regard for [Aldo Mazzaferro's] knowledge of the steel industry in particular and the metals industry more generally. What I think is unique about Aldo is the many different perspectives he brings in the metals industry. Starting as a well-recognized research analyst, he had to dissect the industry and understand it well enough to comment on industry trends and company specific factors. Peter Matt, Chief Financial Officer, Constellium (NYSE: CSTM) Mike Willoughby, Chief Executive Officer, PFSweb, Inc. (NASDAQ: PFSW) 01. 02. 03. 04. 05. Our Slate of Nominees and Proposed Interim CEO Eric Wedbush, Chief Executive Officer, Wedbush Inc. BENJAMIN ROSENZWEIG 11 I have known and worked with John Schauerman for over 30 years, initially as a colleague, and more recently as a co-member of the Board of Directors of Wedbush Securities, Inc. He is an accomplished finance executive and has been a voice of reason in the boardroom. He was a valued contributor in our Board meetings, and he would be an asset to any Board. 11 68
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