Afarak Group

Legal Proceedings Report • Aug 24, 2020

National Storage Mechanism | Additional information

10:45 London, 12:45 Helsinki, 24 August 2020 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

ANOTHER FIN-FSA RELEASE IN THE MATTER AGAINST DR DANKO KONCAR

Stock Exchange Release

On 21 August 2020, the Financial Supervisory Authority (FIN-FSA) has published attached information. Although this is not a company matter, Afarak was requested by Fin-FSA to inform its shareholders accordingly.

Helsinki, August 24, 2020

AFARAK GROUP PLC

Board of Directors

For additional information, please contact:

Afarak Group Plc

Guy Konsbruck, CEO, +356 2122 1566, guy.konsbruck@afarak.com

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

Attachment

• FSA Decision ENG