Athens, 06.08.2019

ANNOUNCEMENT

The company under the trade name "ELVALHALCOR HELLENIC COPPER AND ALUMINIUM INDUSTRY S.A." (hereinafter referred to as "ELVALHALCOR S.A.”) announces to investors, according to  article 17 par. 1 of Regulation (ΕU) 596/2014 of the European Parliament and the Council of 16th April 2014, and article 2, par. 4 of Decision No 3/347/12.7.2005 of the Board of Directors of the Hellenic Capital Market Commission, that:

Following ELVALHALCOR S.A.'s announcement of 19.04.2018, regarding the signing of a loan agreement for the amount of EUR 65 million with Commerzbank Aktiengesellschaft, an amendment of the existing loan agreement was signed providing additional funding of EUR 12.7 million, in order to fund the purchase and installation of new mechanical equipment from SMS Group GmbH.