Amendment to Schedule 13D Filing

Steel Connect LLC, through its subsidiary Steel Connect Sub LLC, has amended its Schedule 13D filing regarding its ownership of DMC Global Inc. common stock. As of February 24, 2026, Steel Connect Sub LLC directly owns 1,194,441 shares, representing approximately 5.8% of the outstanding common stock. This amendment details transactions in the shares since the prior filing, including open market sales. The aggregate purchase price for these shares was approximately $20,994,267. The filing also lists various affiliated entities that may be deemed to beneficially own these shares due to their relationships with Steel Connect Sub LLC. The total number of outstanding shares considered for this calculation was 20,590,482 as of October 31, 2025.