Tree Island Announces Retirement of a Director

VANCOUVER, BRITISH COLUMBIA — December 12, 2024 – Tree Island Steel Ltd. (the “Company” or “Tree Island Steel“) (TSX: TSL) today announced that Ted Leja has resigned from the Company’s board of directors (the”Board“) effective immediately as part of a planned retirement by Mr. Leja. Mr. Leja has served both as a director and officer of the Company over his more than 20-year involvement with Tree Island Steel and its subsidiaries.

“On behalf of the other members of the Board, I would like to thank Ted for his commitment and contribution to Tree Island Steel over the past 20 plus years. We all wish him the very best as he embarks on his next chapter,” said Amar S. Doman, Executive Chairman of the Board.