Two Steel Dynamics board members to retire at 2026 Annual Meeting; board size reduced to seven

STEEL DYNAMICS INC

Richard P. Teets, Jr. (co-founder) and Gabriel L. Shaheen will retire effective May 6, 2026.
Board size will decrease from nine to seven members after the 2026 Annual Meeting.
Both departures are not due to any disagreement with the company's operations or policies.
CEO Mark Millett expressed appreciation for their contributions in the press release.

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