Worthington Industries files Form 10 for steel business spin-off; expects completion as early as Dec 2023

WORTHINGTON ENTERPRISES, INC.

Public filing of Form 10 registration statement for planned separation of Worthington Steel.
Separation now expected as early as December 2023, ahead of previous early 2024 target.
After split, Worthington Enterprises will focus on Consumer Products, Building Products, Sustainable Energy.
Worthington Steel will focus on steel processing, electrical steel laminations, lightweighting for EVs.
Investor & Analyst Day scheduled for October 11, 2023 in New York City.

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