Paul Varello BCE (Civil Engineering)

Chairman

Appointed Chairman of the Company in July 2009, and an independent non-executive director since 2005. He is a member of the Finance & Investment Committee. He is President and CEO of Commonwealth Engineering and Construction of Houston, Texas. Prior to founding Commonwealth in 2003, he was Chairman and CEO of American Ref-Fuel Company. In addition, he spent 25 years in the engineering and construction industry. He is a registered professional engineer and a member of the American Society of Civil Engineers and the American Institute of Chemical Engineers.

Daniel W. Dienst BA, JD

Group Chief Executive Officer

Executive director and Group Chief Executive Officer since 14 March 2008. He is a member of the Safety, Health, Environment & Community Committee, Nomination/Governance Committee and Finance & Investment Committee. He was formerly a director (since June 2001), Chairman (since April 2003), Chief Executive Officer (since January 2004) and President (since September 2004) of Metal Management, Inc. From January 1999 to January 2004, he served in various capacities with CIBC World Markets Corp., lastly as Managing Director of the Corporate and Leveraged Finance Group. From 2002 to 2005, he was Chairman of the Board of Metals USA, Inc., a NASDAQ listed steel service centre company until its sale to a private entity. He is a director of other Sims Metal Management subsidiaries and associated companies. He is a graduate of Washington University and received a Juris Doctorate from the Brooklyn Law School.

Norman R. Bobins BS, MBA

Independent non-executive director since 14 March 2008. He serves as Chairman of the Finance & Investment Committee and as a member of the Nomination/Governance Committee. He was formerly a director (since 2006) of Metal Management, Inc. From May 2007 until October 2007, he was Chairman of the board of LaSalle Bank Corporation. From 2002 to 2007, he was President and Chief Executive Officer of LaSalle Bank Corporation. From 2006 to 2007, he was President and Chief Executive Officer of ABN AMRO North America. From 2002 to 2007, he was Senior Executive Vice President at ABN AMRO Bank N.V., the Dutch parent of LaSalle Bank Corporation. He earned his BS from the University of Wisconsin and his MBA from the University of Chicago.

Geoffrey N Brunsdon BCom

Independent non-executive director since 2009. Until June 2009 Mr Brunsdon was Managing Director and Head of Investment Banking of Merrill Lynch International (Australia) Limited. He is Chairman of ING Private Equity Access Limited (since 2004), is a member of the Takeovers Panel, was a member of the listing committee of the Australian Stock Exchange between 1993 and 1997 and was a Director of Sims Group Limited between 1999 and 2007. He is a Chartered Accountant, a Fellow of the Financial Services Institute of Australia and a Fellow of the Institute of Company Directors. Mr Brunsdon is also involved in several non-profit organisations, including as Chairman of Redkite (supporting families who have children with cancer), and is a director of the Wentworth Group of Concerned Scientists and Purves Environmental Custodians.

Michael Feeney BCom (Marketing)

Independent non-executive director since 1991. He is a member of the Risk, Audit & Compliance Committee and Remuneration Committee. He is formerly Executive Director, Collins Partners Corporate Advisory and prior to that Finance and Strategy Director for Philip Morris, Executive Director, Strategy & Corporate Affairs for Elders IXL, and Executive Director, Corporate Strategy of Elders Resources NZFP.

Robert Lewon BS

Independent non-executive director since 14 March 2008. He is a member of the Safety, Health, Environment & Community Committee and Finance & Investment Committee. He was formerly a director (since March 2004) of Metal Management, Inc. He has over 40 years of experience in the scrap metal industry and has served as an executive of scrap companies, including President of Sims Metal Management USA Corp. He has been active in the Institute of Scrap Recycling Industries, Inc. and its predecessor ISIS, serving as director and national officer, among other positions. Additionally, he has served as a consultant to scrap metal companies since his retirement from Sims Metal Management in 1993, and, prior to his appointment as a director of the Company, was a long-time advisor/consultant to TAMCO, the only steel mill in California, USA.

Gerald E. Morris BA

Independent non-executive director since 14 March 2008. He serves as Chairman of the Risk, Audit & Compliance Committee and as a member of the Remuneration Committee and Nomination/Governance Committee. He was formerly a director (since January 2004) of Metal Management, Inc. He currently serves as President and Chief Executive Officer of Intalite International N.V., a diversified holding company with investments primarily in the metals fabrication industry. He also serves as Chairman and director of Beacon Trust Company. He previously served as Chairman of the board of directors of Allmet Building Products, and has previously served as a director of Rexel, Inc. and Tivoli Industries, Inc., and as trustee of the Blanchard Group of Funds. He is a certified public accountant.

Chris Renwick AM, FAIM, FAIE, FTSE – BA, LLB

Independent non-executive director since 2007. He serves as Chairman of the Safety, Health, Environment & Community Committee and as a member of the Finance & Investment Committee. He was employed with the Rio Tinto group for over 35 years rising, in 1997, to Chief Executive, Rio Tinto Iron Ore, a position he held until his retirement in 2004. He is Chairman and director of Coal and Allied Industries Limited (since 2004) and a director of Downer EDI Limited (since 2004) and Transurban Holdings Limited and Transurban Infrastructure Management Limited (both since 2005).

Paul Sukagawa

Non-independent non-executive director since 2009. Mr Sukagawa joined Mitsui & Co., Ltd in 1973 and has held various positions within that company, including President & Managing Director of Mitsui Iron Ore Development (2004–2007), President & CEO of PT. Mitsui Indonesia (2007–2009) and, most recently, since April 2009, Senior Adviser of Mitsui Iron Ore Development.

Jim Thompson BS

Independent non-executive director since 2009. Mr Thompson was, from 2004 until his retirement in 2007, Executive Vice President–Commercial for The Mosaic Company, one of the world’s largest fertiliser companies with sales of US$9 billion and some 7,500 employees, which is publicly traded on the New York Stock Exchange. Prior to that, he was engaged for 30 years in the steel industry from 1974–2004 in various roles at Cargill, Inc of Minnesota, United States leading to the position of President of Cargill Steel Group from 1996–2004. During that period he also served for a time as Co-Chairman of the North Star BlueScope Steel joint venture, and was a member of various industry boards including AISI (American Iron and Steel Institute), SMA (Steel Manufacturers Institute) and MSCI (Metals Service Center Institute). Mr Thompson is currently a director of Hawkins Chemical, Inc. He has a BS from the University of Wisconsin–Madison.