S&L INDUSTRIES LLC
PONTE VEDRA, FLORIDA

A diversified global holding company with operations in diversified industrial products, energy, defense, supply chain management and logistics, banking and youth sports. All of our programs are focused on helping SPLP companies strengthen their competitive advantage and increase their profitability, while enabling them to achieve operational excellence and enhanced customer satisfaction. Steel Partners Corporate Services seeks to combine various management functions and reporting lines in order to reduce corporate overhead and public company expenses. Our aim is to increase company profitability and shareholder value through both strategic acquisitions and investments, as well as steadfast adherence to ethical principles and compliance standards. As such, Steel Partners Holdings L.P. continues to be guided by the same philosophies and strategies that we put in place when the company was founded in 1990: Invest in good companies with simple business models Avoid complex businesses or investments that cannot be easily explained or understood Steel Partners was founded in February 1990 as a private investment firm by Warren G. Lichtenstein. Since that time we have invested in the United States, and a dozen countries throughout Europe and Asia. We have also launched several successful private investment partnerships, including Steel Partners L.P., Steel Partners II, L.P., Steel Systems L.P., Steel Partners Japan Strategic Fund L.P., Steel Partners China Access I L.P., as well as certain co-investment partnerships. In December 2008, in order to preserve an investment strategy that successfully served both the company and its investors since its inception, Steel Partners restructured its business. The result was the creation of Steel Partners Holdings L.P., a global diversified holding company that owns and operates businesses in a variety of industries through majority owned subsidiaries, associated companies and other interests. On April 10, 2012, after fulfilling stringent regulatory and financial reporting requirements, the company became listed on the New York Stock Exchange (NYSE: SPLP). A diversified global holding company with operations in diversified industrial products, energy, defense, supply chain management and logistics, banking and youth sports. All of our programs are focused on helping SPLP companies strengthen their competitive advantage and increase their profitability, while enabling them to achieve operational excellence and enhanced customer satisfaction. Steel Partners Corporate Services seeks to combine various management functions and reporting lines in order to reduce corporate overhead and public company expenses. Our aim is to increase company profitability and shareholder value through both strategic acquisitions and investments, as well as steadfast adherence to ethical principles and compliance standards. As such, Steel Partners Holdings L.P. continues to be guided by the same philosophies and strategies that we put in place when the company was founded in 1990: Invest in good companies with simple business models Avoid complex businesses or investments that cannot be easily explained or understood Steel Partners was founded in February 1990 as a private investment firm by Warren G. Lichtenstein. Since that time we have invested in the United States, and a dozen countries throughout Europe and Asia. We have also launched several successful private investment partnerships, including Steel Partners L.P., Steel Partners II, L.P., Steel Systems L.P., Steel Partners Japan Strategic Fund L.P., Steel Partners China Access I L.P., as well as certain co-investment partnerships. In December 2008, in order to preserve an investment strategy that successfully served both the company and its investors since its inception, Steel Partners restructured its business. The result was the creation of Steel Partners Holdings L.P., a global diversified holding company that owns and operates businesses in a variety of industries through majority owned subsidiaries, associated companies and other interests. On April 10, 2012, after fulfilling stringent regulatory and financial reporting requirements, the company became listed on the New York Stock Exchange (NYSE: SPLP). Steel Partners Holdings L.P. is a global diversified holding company that engages in multiple businesses through consolidated subsidiaries, associated companies and other interests. Steel Partners owns and operates businesses and has significant interests in leading companies in various industries, including diversified industrial products, energy, defense, supply chain management and logistics, banking and youth sports. Who We Are A diversified global holding company with operations in diversified industrial products, energy, defense, supply chain management and logistics, banking and youth sports. Steel Partners Holdings L.P. (NYSE: SPLP) is a global diversified holding company that owns and operates businesses in a variety of industries. We are committed to maintaining the highest standards of business conduct and corporate governance.