Toyota Tsusho America completes acquisition of Radius Recycling for $30.00 per share cash

RADIUS RECYCLING, INC.

Merger closed July 10, 2025; each Radius common share converted into $30.00 cash.
All prior Radius directors and officers ceased; new board and officers from Toyota Tsusho America appointed.
Radius common stock to be delisted from Nasdaq; Form 15 to be filed to terminate SEC registration.
Radius' credit facility was repaid in full, all commitments terminated and liens released.
Radius will operate as standalone business; brand and Portland headquarters retained per press release.

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