Vulcan completes the final payment for Roofing Industries

Vulcan Steel Limited (ASX: VSL, NZX: VSL) ASX and NZX announcement 30 January 2026 Vulcan completes the final payment for the acquisition of Roofing Industries Vulcan Steel Limited (Vulcan) advises that it has paid the second and final payment required under the sale and purchase agreement dated 26 August 2025 (Agreement) with Francis and Gellatly Holdings Limited, a company owned by founding owners Keith Francis and David Gellatly, relating to the acquisition of Roofing Industries Limited (Roofing Industries). As provided for in the Agreement, the second payment was for 20% of the initial NZ$88 million purchase price, adjusted for actual cash, debt, net working capital and fixed assets of the Roofing Industries Group at the 30 September 2025 completion date. ENDS Kar Yue Yeo and Sarah-Jane Lawson Investor and media contacts Email: karyue.yeo@vulcan.co Email: sarah-jane.lawson@vulcan.co Phone: +64 9 273 7214 This announcement was authorised by Vulcan’s Board of Directors. About Vulcan Founded in 1995, Vulcan is an Australasian-wide industrial product distributor and value-added processor with 80 logistics and processing facilities employing approximately 1,650 employees across the company’s Steel, Metals and Roofing divisions.