Athens, 22.12.2020

ANNOUNCEMENT

The company under the trade name “ELVALHALCOR HELLENIC COPPER AND ALUMINIUM INDUSTRY S.A” (hereinafter referred to as “the Company”) announces to the investors, pursuant to Article 17 paragraph 1 of Regulation (ΕU) 596/2014 of the European Parliament and the Council of 16th April 2014 and article 2, par. 2 section (e) of the decision issued by the Board of Directors of the Capital Market Commission number 3/347/12.07.2005, that Ms. Natalia Nikolaidis of Emmanouil, Independent non-executive member of the Board of Directors of the Company and member of Committees of the Company, submitted, on 18^th of December 2020 her resignation from the aforementioned positions, for personal reasons with effect as of the 31^st  of December 2020.

The investors' community will be informed for the decision of the Board of Directors in regards to the replacement of the resigned member with further announcement.