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MRC Global Announces Agreement with Engine Capital and Appointment of Daniel Silvers to the Board of Directors

HOUSTON, April 02, 2024 (GLOBE NEWSWIRE) MRC Global Inc. (NYSE: MRC) (“MRC Global” or the “Company”), the leading global distributor of pipe, valves and fittings (PVF) and other infrastructure products and services to diversified gas utility, energy and industrial end-markets, today announced that Daniel Silvers has been appointed to the Company’s Board of Directors, effective immediately. Mr. Silvers will serve on the Board’s Compensation and Environmental, Social, Governance and Enterprise

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Arc Expands Internationally, Enabling Global Businesses to Invest in U.S. Fixed Income Securities via Arc Platform

Arc, the future of finance for modern technology companies, today announced it has expanded the availability of its enterprise-grade Treasury product to serve qualifying non-U.S. entities. Through Global Treasury, qualifying companies can invest their cash through a brokerage account held at Pershing Advisor Solutions LLC, a business of BNY Mellon, N.A., while also investing in money market funds and U.S. Treasury Bills. The products available can provide a yield of up to ~5.3% net APY.

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