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Aperam announces cancellation of shares

Aperam (« Aperam », or « the Company ») (Amsterdam, Luxembourg, Paris, Brussels: APAM et NYRS: APEMY), announced today the cancellation of shares.

Aperam announced that 4,852,118 shares have been cancelled in line with its financial policy. This cancellation takes into account shares already purchased under the 2.5 millions share buyback program announced on 11 February 2022 under the authorization given by the annual general meeting of shareholders held on 7 May 2019 (and under renewal of such authorization at the May 4, 2022 annual general meeting of shareholders) and shares purchased under the 3.5 millions additional share buyback program announced on May 6, 2022 under the authorization given by the annual general meeting of shareholders held on May 4, 2022.

As a result of this cancellation, Aperam will have 73,184,570 shares in issue (compared to 78,036,688 before the cancellation).

Details on the share buyback program can be found at:
https://www.aperam.com/investors/equity-investors/share-buyback/

With reference to article 14 of the Luxembourg law and the Grand Ducal regulation of 11 January 2008, on transparency requirements for issuers of securities (‘Transparency Law’), the total number of the Company’s voting rights and capital is available in the Luxembourg Stock Exchange’s electronic database OAM on www.bourse.lu and on the Company’s website under ‘Investors – Corporate Governance – Shareholding structure’.