MRC Global Announces Move to Virtual Annual Meeting of Stockholders

HOUSTON, April 27, 2020 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC), the largest global distributor, based on sales, of pipe, valves and fittings and related infrastructure products and services to the energy industry, today announced the location of its 2020 Annual Meeting of Stockholders has been changed and will be held over the web in a virtual meeting format only. This press release hereby serves as notice to the company's stockholders of this change.

In light of the coronavirus (COVID-19) outbreak and to support the health and well-being of our employees, stockholders and our community, MRC Global has taken the decision to conduct its Annual Meeting over the web in a virtual meeting format only. Stockholders will not be able to attend the Annual Meeting physically in person; rather, the meeting will be held solely on-line through the internet.

As the company will release its first quarter 2020 earnings on April 28, 2020 and hold its earnings conference call on April 29, 2020, MRC Global will not be providing a presentation at the Annual Meeting.  Stockholders are encouraged to listen to MRC Global's earnings call replay, which is available through May 13, 2020, by either dialing 201-612-7415 using passcode 13699943# or by accessing an archive of the earnings call webcast at https://investor.mrcglobal.com/.  Additional information about MRC Global may be found on our website at that address or on the Securities and Exchange Commission website: www.sec.gov .

The summary details for the Annual Meeting are as follows:

Meeting Date: Thursday, May 7, 2020
Meeting Time: 10:00 a.m. (Houston, Texas Time)
Meeting Access: Virtual Shareholder Meeting
https://www.meetingcenter.io/256159865

As described in the proxy materials for the Annual Meeting previously distributed to you, stockholders of record as of March 13, 2020, the record date, are entitled to participate in the Virtual Annual Meeting. Stockholders with a control number will be able to listen, vote, and submit questions from any remote location with internet connectivity. Those who are not a stockholder or without a control number may attend the Annual Meeting as guests, but they will not have the ability to participate during the Virtual Annual Meeting.

Any votes that stockholders cast by phone, proxy card or internet prior to 11:59 P.M. (Houston, Texas time) on May 6, 2020 will be counted at the meeting.  Unless a stockholder desires to vote during the meeting or change the stockholder's vote during the meeting, any prior votes will be unaffected.

To access the virtual only Annual Meeting please click the Virtual Shareholder Meeting link or type https://www.meetingcenter.io/256159865 into your computer's browser window. To login to the virtual meeting you have two options: Join as a "Guest" or Join as a "Shareholder".

Join as a "Shareholder":
Stockholders that desire either or both to ask questions at the Annual Meeting or vote during the Annual Meeting should join as a "Shareholder".  Registered and beneficial stockholders may join as a "Shareholder".  If you join as a "Shareholder" you will be required to have a password and a control number.  The password for the meeting is MRC2020. 

Registered Stockholders:  If you were a registered stockholder as of the close of business on the record date for the Annual Meeting, March 13, 2020, and have your control number, you may use this control number.  This control number can be found on your proxy card or notice or e-mail that registered stockholders previously received.  Registered stockholders who have not yet voted or wish to change a vote may vote during the Annual Meeting by following the instructions available on the meeting website during the meeting.

Beneficial Stockholders:  If you hold your shares through an intermediary, such as a bank or broker, you are a beneficial stockholder and must register in advance to attend the Annual Meeting as a "Shareholder". To register you must submit proof of your proxy power (legal proxy) reflecting your MRC Global Inc. holdings along with your name and email address to Computershare. Requests for registration must be labeled as "Legal Proxy" and be received no later than 5:00 p.m., Eastern Time, on Monday, May 4, 2020. You will receive a confirmation email from Computershare of your registration.

By mail:
Requests for beneficial stockholder registration should be directed to Computershare at the following address:

Computershare
462 S. 4th Street
Louisville, Kentucky 40202

OR

By email:
Forward the email from your broker, or attach an image of your legal proxy, to [email protected].  If you do not have your control number, you may not attend or ask questions at the virtual meeting as a "Shareholder".

Please note that the proxy card included with the proxy materials previously distributed will not be updated to reflect the change in location and may continue to be used to vote your shares in connection with the Annual Meeting.

The list of our registered stockholders as of the close of business on the record date for the Annual Meeting, March 13, 2020, will be available online for inspection by "Shareholders" only during the meeting.

Join as a Guest:
Either guests or stockholders may join as a "Guest".  If you join as a "Guest", you will be required to have a password.  The password for the Annual Meeting is MRC2020.  Guests and stockholders that join as a "Guest" will be able to listen to the Annual Meeting but will be unable to ask questions, vote shares during the meeting or change previous votes cast prior to the meeting. 

About MRC Global Inc.

MRC Global is the largest distributor of pipe, valves and fittings (PVF) and other infrastructure products and services to the energy industry, based on sales. Through approximately 250 service locations worldwide, approximately 3,150 employees and with nearly 100 years of history, MRC Global provides innovative supply chain solutions and technical product expertise to customers globally across diversified end-markets including the upstream production, midstream pipeline, gas utility and downstream and industrial. MRC Global manages a complex network of over 200,000 SKUs and 10,000 suppliers simplifying the supply chain for its over 13,000 customers. With a focus on technical products, value-added services, a global network of valve and engineering centers and an unmatched quality assurance program, MRC Global is the trusted PVF expert. Find out more at www.mrcglobal.com.

Contact:
Office of the Corporate Secretary
Attention:  Daniel J. Churay
MRC Global Inc.
[email protected]

SOURCE MRC Global Inc.

Related Links

http://www.mrcglobal.com