QUANTUMONLINE.COM SECURITY DESCRIPTION:  Steel Partners Holdings L.P., 6.00% Series A Cumulative Preferred Units, liquidation preference $25 per unit, redeemable at the issuer's option at anytime at $25 per unit plus accrued and unpaid dividends, and with no stated maturity. Cumulative distributions of 6.00% per annum ($1.50 per annum or $0.3750 per quarter) will be paid quarterly on 3/15, 6/15, 9/15 & 12/15 to holders of record on the record date that will be 3/1, 6/1, 9/1 & 12/1 respectively (NOTE: the ex-dividend date is at least one business days prior to the record date). Holders of the Preferred Units will receive specific tax information from the company, including a Schedule K-1 which generally would be expected to provide a single income item equal to the preferred return (see page 29 of the prospectus for details). Holders of the preferred units will have the right to require the issuer to repurchase up to 525,000 preferred units (optional redemption amount) on the third (3rd) anniversary of the original issuance date of units (the optional redemption date) at a redemption price of $25.00 per unit plus accumulated and unpaid distributions in cash (see prospectus for further information. If not earlier redeemed, on the date that is the ninth (9th) anniversary of the original issuance date of the units, the issuer shall redeem all of the units at a redemption price equal to $25.00 per unit plus an amount equal to accumulated and unpaid distributions (see prospectus for further details). This security was not rated by Moody’s or S&P at the time of its IPO. In regard to the payment of dividends and upon liquidation, the preferred shares rank junior to the company's senior debt, equally with other preferreds of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
OTOTCn OTOTCps	6.00% $1.50	$25.00 $25.00	Anytime 2/07/2026	NF NF 3/19/2024	3/15, 6/15, 9/15 & 12/15 Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

Notes:  Feb. 6, 2020 -- Steel Partners Holdings L.P. (NYSE: SPLP) (the “Company”), a diversified global holding company, today announced that it has completed the previously announced redemption of 1,600,000 units of its 6.0% Series A Preferred Units, no par value (the “Preferred Units”), representing approximately 20.2% of total outstanding Preferred Units. The Preferred Units are currently traded on the New York Stock Exchange under the symbol “SPLP-PRA” (CUSIP 85814R206). The Company redeemed the Preferred Units based on its obligation to repurchase the Preferred Units by the third anniversary of their issuance, February 7, 2020.

Company's Online Information Links

HOME PAGE:     https://www.steelpartners.com/
Company's Investor Relations Information	Go to Investor Relations Information
Company's Online News Releases	Go to News Releases
Online Company Profile	Go to Online Profile

Company's Online SEC EDGAR Filings

Company's SEC EDGAR Filings

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Company's Email Address Links

Inv Rel Email Address	jgolembeske@steelpartners.com
General Email Address	ir@steelpartners.com
Email Contact Form on Website	Go to Email Form

Address and Phone Numbers

Address:   590 Madison Avenue, 32nd Floor, New York, NY 10022
Main Phone Number	212-520-2300
Fax Number	212-520-2301
Investor Relations   Jennifer Golembeske	914-461-1276
Toll Free Phone Number	Unknown

CHR - Warren G. Lichtenstein

CFO - Ryan O’Herrin