CONVERSION OF AFARAK INTO AN EUROPEAN COMPANY (...

07:00 London, 09:00 Helsinki, 2 September 2022 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

CONVERSION OF AFARAK INTO AN EUROPEAN COMPANY (SE) HAS BEEN REGISTERE D

Stock Exchange Releas e

The Company announces that the conversion of Afarak into a European Company (SE) has today been registered in the Trade Register and the Company has therefore also changed its name to Afarak Group SE.

Conversion into an SE does not affect the Company’s domicile, location of the head office or the employees’ employment contracts. The role of shareholders will also remain unchanged.

Helsinki, September 2, 2022

AFARAK GROUP SE

Board of Directors

For additional information, please contact:

Guy Konsbruck, CEO, [phone], [e-mail]

Financial reports and other investor information are available on the Company's website: www.afarak.com.

Afarak Group is a specialist alloy producer focused on delivering sustainable growth with a Speciality Alloys business in southern Europe and a FerroAlloys business in South Africa. The Company is listed on NASDAQ Helsinki (AFAGR) and the Main Market of the London Stock Exchange (AFRK).

Distribution:
NASDAQ Helsinki
London Stock Exchange
Main media

www.afarak.com