On January 22, 2015, Raging Capital Master Fund, Ltd delivered a letter to A. M. Castle & Co. nominating a slate of 3 director candidates, including Kenneth H. Traub, Steven W. Scheinkman, and Allan J. Young, for election to the Board of Directors of the Company at the Company's 2015 annual meeting of stockholders. Raging Capital expressed its view that a reconstitution of the Board is required to effect the changes necessary to protect and maximize stockholder value.

In addition, Raging Capital stated that representatives of Raging Capital have engaged, and intend to continue to engage, in discussions with the Board regarding matters relating to the composition of the Board.