© 2011 CRS Holdings, Inc. All rights reserved Forward-Looking Statements This document contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 27A of the Securities Act. These statements, which represent the Company’s expectations or beliefs concerning various future events, include statements concerning future revenues, EBITDA, synergies, strategy, earnings and liquidity associated with continued growth in various market segments, cost reductions expected from various initiatives, our contemplated acquisition and other events. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those projected, anticipated or implied. The most significant of these uncertainties include but are not limited to: the cyclical nature of the Company’s business and certain end-use markets, including aerospace, industrial, automotive, consumer, medical, and energy, or other influences on the Company’s business such as new competitors, the consolidation of competitors, customers, and suppliers or the transfer of manufacturing capacity from the United States to foreign countries; the Company’s ability to achieve cost savings, productivity improvements or process changes; the volatility of, and the Company’s ability to recoup increases in, the cost of energy, raw materials, freight or other factors; domestic and foreign excess manufacturing capacity for certain metals; fluctuations in currency exchange rates; the degree of success of government trade actions; the valuation of the assets and liabilities in the Company’s pension trusts and the accounting for pension plans; possible labor disputes or work stoppages; the potential that the Company’s customers may substitute alternate materials or adopt different manufacturing practices that replace or limit the suitability of the Company’s products; the ability to successfully acquire and integrate Latrobe Specialty Metals, Inc. and other acquisitions; the availability and costs of financing and credit facilities to the Company, its customers or other members of the supply chain; the ability to obtain energy or raw materials, especially from suppliers located in countries that may be subject to unstable political or economic conditions; the Company’s manufacturing processes are dependent upon highly specialized equipment located primarily in one facility in Reading, Pennsylvania and for which there may be limited alternatives if there are significant equipment failures or catastrophic events; and the Company’s future success depends on the continued service and availability of key personnel, including members of the Company’s executive management team, management, metallurgists and other skilled personnel. Any of these could have adverse and/or fluctuating effects on the Company’s results of operations. For additional information about factors that could cause actual results to differ materially from those described in the forward- looking statements, please see the document that the Company has filed with the SEC, including its quarterly reports on Form 10-Q, its most recent annual report on Form 10-K, its current reports on Form 8-K and its proxy statement. All subsequent forward-looking statements attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. The Company is not under any obligation to, and expressly disclaims any obligation to, update or alter any forward-looking statements whether as a result of such changes, new information, subsequent events or otherwise. | 
