13D Filing: Steel Partners and Aerojet Rocketdyne Holdings Inc. (AJRD)

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Page 13 of 17 – SEC Filing

On the date hereof,
the Reporting Persons entered into a Joint Filing Agreement in which the Reporting Persons agreed to the joint filing on behalf
of each of them of statements on Schedule 13D with respect to securities of the Issuer. A copy of this agreement is attached as
an exhibit hereto and is incorporated herein by reference.

Mr. Lichtenstein owns
Stock Appreciation Rights (“SARs”) for 62,390 Shares, all of which are vested. Such SARs were awarded to Mr. Lichtenstein
in his capacity as a director of the Issuer.

Item 7. Material to be Filed as Exhibits.

Item 7 is hereby amended
to add the following exhibit:

Exhibit No. Description
99.1 Joint Filing Agreement by and among the Reporting Persons, dated December 26, 2017.
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