JOHN L. NEU

NEU--John L. We are deeply saddened by the sudden death of John L. Neu, our esteemed Chairman. A brilliant businessman, philanthropist, environmentalist, animal rights and community activist, politically engaged citizen and voracious reader with an unquenchable thirst for knowledge. John was associated with Hugo Neu Corporation for 50 years after graduating with honors from Harvard Law School. Initially working at the side of his beloved father, the late Hugo Neu, a pioneering visionary in the international metals recycling business, John assumed the leadership of the company in the early 1980's. Through hard work and determination, deliberative and wise decision making, excellent market judgment and dedication to initiating “best practices� in scrap metal operations, and with active assistance and encouragement from his dear wife and our CEO, Wendy Kelman Neu, John grew the business and brought Hugo Neu Corporation to an unparalleled position in the international metals recycling industry as one of its largest, most profitable and respected members. On a more personal note, we will remember John for his wisdom, gentleness, honesty, intellectual rigor, strength of character and frequent unstinting efforts and generosity on behalf of people less fortunate. Most recently, John and Wendy spent days serving meals on site to the victims of Superstorm Sandy and petitioning governmental leaders to take more rapid action. We extend our sincere condolences to Wendy, all of the members of John and Wendy's immediate and extended family, including his adored Luke, as well as his wide circle of friends. The Board of Directors, Officers and Employees of Hugo Neu Corporation