DBM Global to Pay Cash Dividend

PHOENIX, Ariz., Aug. 06, 2021 (GLOBE NEWSWIRE) -- DBM Global Inc. (OTC: DBMG), a family of companies providing fully integrated steel construction services, and an operating subsidiary of HC2 Holdings, Inc. (NYSE: HCHC), announced today that it will pay a cash dividend of approximately $5 million, or $1.297 per share, on August 31, 2021 to DBM Global Inc. stockholders of record at the close of business on August 16, 2021.

About DBM Global Inc.

DBM Global is focused on delivering world class, sustainable value to its clients through a highly collaborative portfolio of companies which provide better designs, more efficient construction and superior asset management solutions. DBM Global offers integrated steel construction services from a single source and professional services which include design-assist, design-build, engineering, detailing, BIM co-ordination, steel modeling/detailing, fabrication, rebar detailing, advanced field erection, project management, and state-of-the-art steel management systems. Major market segments include commercial, healthcare, convention centers, stadiums, gaming and hospitality, mixed use and retail, industrial, public works, bridges, transportation, and international projects. The company, which is headquartered in Phoenix, Arizona, has operations in the United States, Australia, Canada, India, New Zealand, the Philippines, Singapore, Thailand and the United Kingdom.

For additional information on DBM Global’s majority shareholder, HC2 Holdings, Inc. (NYSE: HCHC), please visit http://www.hc2.com or contact:

Investor Contact:Solebury TroutAnthony Rozmus[email protected](212) 235-2691

Contact:DBM Global Inc.Michael R. Hill, VP and CFO(602) 257-7838Email: [email protected]

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