SALE OF BRISTOL METALS, LLC

BRISTOL METALS, LLC HAS BEEN ACQUIRED BY TA CHEN INTERNATIONAL, INC.

Birmingham, Michigan – April 7, 2025 – Angle Advisors is pleased to announce that Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production and distribution of specialty chemicals and industrial tubular products, announced the successful closing of the previously announced sale of substantially all of the assets of Bristol Metals, LLC (“BRISMET”) to Ta Chen International, Inc. (“Ta Chen”), a global manufacturer and distributor of stainless and aluminum products, for approximately $45 million in an all-cash transaction. Angle Advisors acted as the exclusive investment banking advisor to Ascent in completing the transaction.

Proceeds will be deployed to advance both organic and inorganic growth initiatives within the Specialty Chemicals segment as well as general corporate purposes, with a focus on driving enhanced returns on invested capital and shareholder value creation. “We are pleased to have completed the sale of BRISMET to Ta Chen, marking an important milestone for Ascent,” said Bryan Kitchen, President and Chief Executive Officer of Ascent. “This transaction unlocks meaningful value for our shareholders and allows us to focus our resources on expanding our Specialty Chemicals business, where we see significant growth opportunities. We are confident that BRISMET is well positioned for continued success under Ta Chen’s ownership.”

Ascent Industries Co. (Nasdaq: ACNT) is a company that engages in a number of diverse business activities including the production of specialty chemicals and industrial tubular products. For more information about Ascent, please visit its website at www.ascentco.com.

Angle Advisors, with offices in the United States, Germany, and China, specializes in mergers and acquisitions and capital raising. The firm’s professionals have completed over 295 transactions since 2009 for multinational corporations, privately held companies, private equity funds, and public sector clients. For additional information, please visit www.angleadvisors.com.