On March 19, 2024, MRC Global Inc. issued a statement in response to the recent statement and nomination notice the Company has received from Engine Capital LP. The Company added that Board and leadership team have held discussions with Engine Capital over the past several months and has interviewed Engine Capital?s candidates to assess their qualifications for potential addition to the Company Board. Following these interviews, the Board determined that these candidates do not bring any additional skills to the Board that it does not already possess.

The Company stated that shareholders are not required to take any action at this time and mentioned that the Board will present its recommendations with respect to the election of directors in the Company's definitive proxy statement, which will be filed with the Securities and Exchange Commission and mailed to all shareholders eligible to vote at the Annual Meeting.