METALCORP GROUP

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PRESS RELEASES

Metalcorp Group S.A. reaches agreement on the details of the bond restructuring and calls noteholders of the 2021/2026 Notes to vote

Luxembourg, 2 November 2023 – Metalcorp Group S.A. herewith informs the holders of its EUR 69.9 million 9.00% notes due 2023 (ISIN: DE000A19MDV0) (the “2023 Notes”) and the EUR 300 million 8.50% notes due 2026 (ISIN: DE000A3KRAP3) (the “2026 Notes”, and together with the 2023 Notes, the “Notes”) that it has reached an agreement with the 2023 Notes common representative, members of an ad-hoc group composed of holders of the 2026 Notes representing approx. 40% of the outstanding nominal amount of the 2026 Notes, certain holders of the 2023 Notes, and Ferralum Metals Group S.A.

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Metalcorp Group S.A.: Information on the capitalization of the interest payment as of 30 September 2023 under the 8.5% notes 2017/2023 and on the status of the restructuring

Luxembourg, 28 September 2023 – Metalcorp Group S.A. informs the holders of the EUR 69,885,000.00 8.5% notes 2017/2023 (ISIN: DE000A19MDV0) in connection with § 4 (a) of the terms and conditions of the Notes (Interest), as amended pursuant to the resolution on agenda item 2 of the second noteholders’ meeting held on 16 June 2023, that with regard to the interest payment as of 30 September 2023, it will exercise its right to capitalize the interest payable under Interest Coupon II (“PIK Interest”) so that the unpaid interest is added to the nominal amount per Note. In this regard, it has submitted a corresponding declaration to the joint representative.

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