Viohalco S.A. — Report Publication Announcement 2020

Apr 22, 2021

REGULATED INFORMATION

PRESS RELEASE OF VIOHALCO SA

Brussels, April 22, 2021

The enclosed information constitutes regulated information as defined in the Royal Decree of 14 November 2007 regarding the duties of issuers of financial instruments which have been admitted for trading on a regulated market.

Publication of the annual report 2020

Viohalco SA is pleased to announce that its 2020 annual report is now available on the Company's website (www.viohalco.com). The report provides a comprehensive view of Viohalco's financial performance, business strategy, corporate governance and non-financial information and risk management.

Robust performance, strong profitability despite the pandemic

Despite the profound effect of the Covid-19 pandemic on businesses and global financial markets in 2020, thanks to actions taken to mitigate the effects of the crisis, and the resilience of the Group's diversified business model, Viohalco companies delivered a robust performance in 2020.

• Viohalco's diversified business model supported strong profitability, with solid contributions from its dynamic and resilient business segments;
• Efficient and swiftly implemented measures in response to the crisis to ensure the safety of the employees also ensured business continuity and uninterrupted operation across sites;
• Major investments totalling EUR 285 million were deployed across Viohalco companies to reinforce market positions and further expand global presence;
• New four-stand tandem aluminium rolling mill at Elval's Oinofyta, Greece plant was completed and commenced operations;
• Consolidated adjusted EBITDA (a-EBITDA) reached EUR 295 million;
• Consolidated profit before income tax grew by 86% year-on-year to EUR 59 million.

Facilitating a more sustainable future

Viohalco companies offer products and solutions that closely align with current global sustainability megatrends, such as a growing commitment to a low carbon, circular economy; alternatives to plastic and products with low toxicity; a smooth transition to climate neutrality away from fossil-fuel consumption; and eco-friendly urbanization. This not only reflects the Viohalco companies' ability to meet the evolving needs and requirements of customers, but also their strong commitment, to operate in a responsible and sustainable way.

About Viohalco

Viohalco is the Belgium based holding company of a number of leading metal processing companies in Europe. It is listed on Euronext Brussels (VIO) and the Athens Stock Exchange (BIO). Viohalco's subsidiaries specialise in the manufacture of aluminium, copper, cables, steel and steel pipes products, and are committed to the sustainable development of quality, innovative and value-added products and solutions for a dynamic global client base. With production facilities in Greece, Bulgaria, Romania, Russia, North Macedonia, Turkey, the Netherlands and the United Kingdom, Viohalco companies collectively generate annual revenue of EUR 3.85 billion. Viohalco's portfolio also includes a dedicated R&D&I and technology segment. In addition, Viohalco and its companies own real estate investment properties, mainly in Greece, which generate additional income through their commercial development.

For more information, please visit our website at www.viohalco.com.