TimkenSteel Corporation announced resignation of Leila L. Vespoli as a director. Leila L. Vespoli notified the Board of Directors of TimkenSteel Corporation of her decision not to stand for re-election as a director at the Company's 2023 Annual Meeting of Shareholders. Ms. Vespoli's decision was for personal reasons and not due to any disagreement with the Company.

Ms. Vespoli will continue to serve as a member of the Board of Directors until her current term expires at the 2023 Annual Meeting of Shareholders.