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SCHNITZER IRON AND METAL MERLA GROUP PROXY <br /> I, the duly authorized representative of <br /> (hereinafter the "Member") do hereby grant the Proxy of the Member to <br /> for the , <br /> meeting to be held on the day of ; <br /> is hereby authorized and empowered <br /> to vote for said Member and in said Member's name and stead at such meeting <br /> (and at any adjournment thereof) on any issue, except for those issues listed <br /> below, put to a vote in accordance with the Schnitzer Site Agreement. For those <br /> issues noted below, has no authority on behalf of <br /> the Member and must abstain from voting on the Member's behalf. <br /> Member: • <br /> Date: <br /> By: <br /> (Name and Title) <br /> Issues for which this proxy is granted; <br /> 1 . <br /> 2. <br /> 3. <br /> Issues for which this proxy is not granted: <br /> 1 . <br /> 2. <br /> 3. <br /> • <br /> -18- <br />