Global Brass and Copper Holdings, Inc. Appoints Kevin Bense President of A.J. Oster Segment

  Global Brass and Copper Holdings, Inc. Appoints Kevin Bense President of
  A.J. Oster Segment

   Dan Becker to retire after 37 year career with Olin Corporation and GBC

Business Wire

SCHAUMBURG, Ill. -- September 9, 2013

Global Brass and Copper Holdings, Inc. (NYSE: BRSS) (“GBC” or the “Company”)
today announced that Kevin Bense will assume the role of President of A.J.
Oster, effective October 1, 2013 following the retirement of Dan Becker. Mr.
Becker will stay with the Company through December to assist with the
transition and lead select strategic assignments.

“Kevin is an accomplished leader and has been instrumental in helping to drive
our strategic execution, profitability and commercial expansion in the Somers
Thin Strip division,” said John Wasz, GBC’s Chief Operating Officer. “Kevin’s
industry experience coupled with his proven success and strategic perspective
will enhance A.J. Oster’s ability to solidify and achieve its strategy as we
move forward.”

Mr. Bense is currently the Vice President and General Manager of the Somers
Thin Strip division of GBC Metals, LLC (d\b\a as Olin Brass). Mr. Bense joined
GBC’s team in August 2011 and led a quick turnaround of the Somers Thin Strip
division and expanded its commercial base. Over the last two years, Mr. Bense
and the Somers leadership team have dramatically enhanced the business and
positioned it for continued long-term success.

Prior to joining GBC, Mr. Bense served as a global business leader for
Honeywell International, Inc.’s specialty additives business unit. Prior to
that, Mr. Bense held a variety of managerial and leadership roles during his
18 years working within the chemicals industry.

Since joining Olin Brass in 1976, Mr. Becker progressed quickly into various
leadership roles throughout his career and most recently served as President
of A.J. Oster since 2004. Additional leadership roles included Director of
Marketing for Olin and Director of Operations for Olin Europe, Africa and the
Middle East, as well as leading the establishment of the Olin Mexico entity,
the turnaround of the Olin-Aegis joint venture, and the profitability
improvement of Olin Corporation’s Pool Chemical business.

“We want to thank Dan for his contributions during his tenure with the
company. Throughout his career, Dan successfully managed the organization
through several economic cycles and developed A.J. Oster into a separate
business within GBC’s portfolio, while also helping guide the Company through
sustained profitability improvements. We wish him well in his retirement,”
concluded Wasz.

About Global Brass and Copper

Global Brass and Copper Holdings, Inc. through its wholly-owned principal
operating subsidiary, Global Brass and Copper, Inc., is a leading, value-added
converter, fabricator, distributor and processor of specialized copper and
brass products in North America. We engage in metal melting and casting,
rolling, drawing, extruding and stamping to fabricate finished and
semi-finished alloy products from processed scrap, copper cathode and other
refined metals. Our products include a wide range of sheet, strip, foil, rod,
tube and fabricated metal component products that we sell under the Olin
Brass, Chase Brass and A.J.Oster brand names. Our products are used in a
variety of applications across diversified end markets, including the building
and housing, munitions, automotive, transportation, coinage,
electronics/electrical components, industrial machinery and equipment and
general consumer end markets.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains “forward-looking statements” that involve risks
and uncertainties. You can identify forward-looking statements because they
contain words such as “believes,” “expects,” “projects,” “may,” “would,”
“should,” “seeks,” “approximately,” “intends,” “plans,” “estimates,”
“anticipates” or similar expressions that relate to our strategy, plans or
intentions. All statements the Company makes relating to its estimated and
projected earnings, margins, costs, expenditures, cash flows, growth rates and
financial results or to its expectations regarding future industry trends are
forward-looking statements. In addition, the Company, through its senior
management, from time to time make forward-looking public statements
concerning its expected future operations and performance and other
developments. These forward-looking statements are subject to known and
unknown risks, uncertainties and other factors that may change at any time,
and, therefore, the Company’s actual results may differ materially from those
that it expected. The Company derives many of its forward-looking statements
from its operating budgets and forecasts, which are based upon many detailed
assumptions. While the Company believes that its assumptions are reasonable,
it is very difficult to predict the impact of known factors, and, of course,
it is impossible to anticipate all factors that could affect the Company’s
actual results. Actual results may differ materially from these expectations
due to various risks and uncertainties, including: the failure to maintain the
Company’s balanced book approach which could cause increased volatility in the
Company’s profitability and operating results and may result in significant
losses; the loss in order volumes from any of the Company’s largest customers,
which may reduce the Company’s sales volumes, revenues and cash flows; the
disruption to the Company’s business if its customers shift their
manufacturing offshore; the occurrence of any prolonged disruptions at or
failures of the Company’s manufacturing facilities and equipment which could
have a material adverse effect on its business, financial condition, results
of operations and cash flows; and the failure to implement the Company’s
business strategy, including its growth initiatives, could adversely affect
its business, financial condition, results of operations or cash flows. More
detailed information about these and other risks and uncertainties are
contained in the Company’s filings with the Securities and Exchange
Commission, including under “Risk Factors” and elsewhere in our Amendment No.
9 to Form S-1 Registration Statement filed with the Securities and Exchange
Commission on May 22, 2013, in Item 1A “Risk Factors” and elsewhere in the
Company’s Quarterly Report on From 10-Q for the quarter ended June 30, 2013
and in the Company’s other filings with the Securities and Exchange
Commission. All forward-looking information in this press release is expressly
qualified in its entirety by these cautionary statements. All forward-looking
statements contained in this press release are based upon information
available to the Company on the date of this press release. In addition, the
matters referred to in the forward-looking statements contained in this press
release may not in fact occur. Accordingly, investors should not place undue
reliance on those statements. The Company undertakes no obligation to publicly
update or revise any forward-looking statement as a result of new information,
future events or otherwise, except as otherwise required by law.

Contact:

Global Brass and Copper Holdings, Inc.
Robert Micchelli, (847) 240-4700
Chief Financial Officer
or
FTI Consulting
Ryan Lown, (312) 553-6756
 
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