Announcement

Formal completion of the acquisition of EP.AL.ME. S.A.

Athens, Greece - June 3, 2019 – MYTILINEOS announces the formal completion of the acquisition of 97.87% of the outstanding share capital of EP.AL.ME. S.A. (“EPALME”) with effective date 30 May 2019. As noted in the original announcement of 23.10.2018, EPALME is active in the industrial production, processing and trading of metals, mostly aluminium alloys and derivative products.

As part of MYTILINEOS' ongoing commitment to fair competitive practices, the following conditions will apply:

(a) provision of services for the reprocessing scrap of aluminium to customers of EPALME is not be conditional upon the supply of primary aluminium of MYTILINEOS (ex-AoG)

(b) the supply of primary aluminium produced by MYTILINEOS to customers does not depend on whether they also reprocess scrap alumunium by EPALME,

(c) EPALME's existing customer network will be retained, on the basis they remain creditworthy, solvent and subject to the existing contractual terms between them, and

(d) no customer will be bound to bind their respective clients with any exclusivity clause in respect of secondary aluminum supply and reprocessing services in written or oral agreements.

The above commitments are set for a period of three (3) years from the date of issue of no. 682/03.04.2019 of the Hellenic Competition Commission. MYTILINEOS retains the right to request that the HCC review above commitments before the end of the period, in the event there is a change in the competitive conditions in the relevant markets.

For more details, please contact:

Ms. Antigoni Fakou: MYTILINEOS Press Office Tel. +30 210-6877346 | Fax +30 210-6877400 | E-mail Antigoni.Fakou@mytilineos.gr

About MYTILINEOS:

MYTILINEOS S.A. is a leading Greek industrial company active in Metallurgy, Power & Gas and EPC & Infrastructure Projects. Established in Greece in 1990, the Company is listed on the Athens Exchange, has a consolidated turnover in excess of ¤1.5 billion and employs directly and indirectly more than 2,900 people in Greece and abroad.

For more information please visit: www.mytilineos.gr | Facebook | Twitter | YouTube | LinkedIn