On March 2, 2020, Wolverine Asset Management, LLC announced that it has engaged and may continue to engage in discussions with management, A.M. Castle & Co.’s board of directors, other stockholders and creditors of the Company and other relevant parties, including representatives of any of the foregoing, concerning Wolverine Asset Management’s investment in the Company, including, without limitation, matters concerning the business, operations, governance, board composition, director candidates, management, capitalization, and strategic plans of the Company.