DGAP-Adhoc

Metalcorp Group is experiencing very strong growth with volumes further increasing across the business divisions

DGAP-Ad-hoc: Metalcorp Group S.A. / Key word(s): Forecast Metalcorp Group is experiencing very strong growth with volumes further increasing across the business divisions 14-Jun-2022 / 12:05 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Disclosure of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014 NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION, PUBLICATION OR TRANSMISSION WOULD BE UNLAWFUL. Metalcorp Group is experiencing very strong growth with volumes further increasing across the business divisions Luxembourg, 14 June 2022 Operational highlights year-to-date 2022:

• For the Metals and Concentrates division, copper volumes are up 25% year on year, Q2 platinum group metals’ volumes are set to increase c 80% in Q2 vs Q1, and low carbon ferrochrome volumes are up c 50% in Q2 vs Q1.
• Bulk and Ferrous raw material sales to primary steel producers continue to increase in Q2, with volumes 70% higher than budget. An additional major new European blue-chip engineering client was secured during Q2.
• Full capacity utilization at both recycling aluminium plants with further expansion planned at Stockach to increase production by 50,000 tonnes per year.
• Given the significant increase in additional volumes and subsequent turnover, the Group has secured additional working capital and trade lines from new and existing European commercial banking relationships.
• These new lines coupled with additional proceeds from the bond tap will ensure that the group has sufficient and additional flexible liquidity to capitalise on the increasing business.
• Proceeds will also be used to secure additional opportunities in the secondary aluminium and steel industry in the region.

Financial highlights year-to-date 2022: