Athens, 03.04.2020

ANNOUNCEMENT

The company under the trade name "ELVALHALCOR HELLENIC COPPER AND ALUMINIUM INDUSTRY S.A." (hereinafter referred to as "ELVALHALCOR”)  announces to investors that, according to article 17 par. 1 of the Regulation (ΕU) 596/2014 of the European Parliament and the Council of 16th April 2014, and under article 2,  par. 2 item (d) of the 3/347/12.7.2005 Decision of the Board of Directors of the Hellenic Capital Market Commission, on 01.04.2020, ELVALHALCOR acquired, by operation of a purchase agreement, the  ownership of  1,610,000 common registered shares, issued by the company under the trade name “VIOMAL S.A.-ALUMINIUM INDUSTRY"  (hereinafter referred to as "VIOMAL”), which represent the 25% of its paid up share capital, in consideration of EUR 2.2 million. Following the aforementioned purchase, ELVALHALCOR′s participation in VIOMAL′s paid up share capital amounts to 75%.