Colin Newberry appointed as President & CEO

Fidelity PAC Metals is pleased to announce the appointment of Mr. Colin Newberry as President &
CEO of the company.

Mr. Newberry has 28 years of experience working in the north American metals industry, having
served in leadership roles with Master Distribution, Mill & Mill Depots, and one of the industry’s
premier service centres.

Mr. Newberry will work from FidelityPAC’s headquarters in Milton, Ontario.
Tom Pope, the exiting President & CEO of FidelityPAC will closely work with Mr. Newberry to
ensure a smooth and thorough transition.

Tom Pope comments, “I truly believe that of anyone in our Canadian metals industry, Colin is the
person best suited to assume the role of President & CEO of FidelityPAC and that he will lead the
company to continued success and drive FidelityPAC’s growth in the years ahead”.

Pope continues, “our Customers, Employees and Shareholders will enjoy Colin’s leadership,
experience and professionalism, and I look forward to introducing Colin to our industry colleagues
soon”.

Fidelity PAC Metals is Canada’s leading Master Distributor of stainless Long Products, Tubular,
Pipe, Valves, Fittings and Flanges, Sheet, PMP & CMP plate, and aluminum extrusions of various
shapes.

The company carries large inventories from its stocking locations in Vancouver, Toronto, and
Montreal.
Fidelity PAC Metals sells exclusively to Distributors.
Always a Supplier, Never a Competitor ®