Athens, 24.05.2021

ANNOUNCEMENT

ON THE FORMATION INTO BODY OF THE ELECTED BOARD OF DIRECTORS

The company under the trade name “ELVALHALCOR HELLENIC COPPER AND ALUMINIUM INDUSTRY S.A.” (hereinafter referred to as the “Company”) announces to the investment community that, following the Annual General Meeting of the Company's Shareholders, which was held on May 24^th, 2021, the Company's Board of Directors was formed into body, as follows:

1)        Michail Stassinopoulos of Nikolaos, Chairman of the Board of Directors, Non-executive member

2)        Dimitrios Kyriakopoulos of Georgios, Vice-Chairman of the Board of Directors, Executive member

3)        Lampros Varouchas of Dimitrios, Executive member

4)        Periklis Sapountzis of Christos, Executive member

5)        Konstantinos Katsaros of Georgios, Executive member

6)        Elias Stassinopoulos of Nikolaos, Non-executive member

7)        Christos – Alexis Komninos of Konstantinos, Non-executive member

8)        Nikolaos Koudounis of Konstantinos, Non-executive member

9)        Aikaterini – Nafsika Kantzia of Adamantios, Non-executive member

10)     Athanasia Kleniati– Papaioannou of Konstantinos, Non-executive member

11)     Vasileios Loumiotis of Ioannis, Independent Non-executive member

12)     Ploutarchos Sakellaris of Konstantinos, Independent Non-executive member

13)     Ourania Aikaterinari of Nikolaos – Parmenionas, Independent Non-executive member

14)     Thomas George Sofis of George, Independent Non-executive member

15)     Nikolaos Galetas of Ioannis, Independent Non-executive member.

Pursuant to article 11 para. 1 of the Articles of Association of the Company, the term of office of the Company's newly elected Board of Directors is of one (1) year, ending on May 24^th, 2022, which is extended, pursuant to the provisions of article 85, para. 1, sec. c) of Law 4548/2018, as in force, and article 11 para. 2 of the Company's Articles of Association, up to the lapse of the time limit, within which the Annual General Meeting of the Company's Shareholders of 2022 is to be convened and up to the taking of the relevant decision, and in any case, not exceeding two years.

About ElvalHalcor

ElvalHalcor is a leading global industrial producer of aluminium and copper products. The Company was formed in December 2017 via the merger of ELVAL and HALCOR. ElvalHalcor currently holds a leading position in Europe in the copper tubes sector, while also having established its leading position within the global aluminum rolling industry. The Company has over 80 years of experience and know-how, a strong production base across 17 state-of-the-art production plants and a market presence in over 100 countries. ElvalHalcor offers sustainable solutions and products in dynamically developing markets such as packaging, transportation, building and construction, heating, cooling and air conditioning and RES. ElvalHalcor's growth focuses on investing in technology and sustainable development, thereby creating value for its stakeholders. For more information about the Company, please visit the website www.elvalhalcor.com.