Business description: Aperam S.A.

Aperam S.A. is a global player in stainless, electrical, alloys, specialty steel and recycling. The business is organized in four primary reportable segments: Stainless & Electrical Steel, Services & Solutions, Alloys & Specialties and Recycling & Renewables.

Aperam S.A. has a flat Stainless and Electrical steel capacity of 2.5 million tonnes in Brazil and Europe and is a leader in Alloys & high value specialty products with presence in France, China, India and United States. In addition to its industrial network, spread over sixteen production facilities in Brazil, Belgium, France, the United States, India & China, Aperam S.A. has a highly integrated distribution, processing and services network and a unique capability to produce low carbon footprint stainless and special steels from biomass, stainless steel scrap and high performance alloys scrap.

With Bioenergia and its unique capability to produce charcoal made from its own FSC®-certified forestry and with ELG, a global leader in collecting, trading, processing and recycling of stainless steel scrap and high performance alloys, Aperam S.A. places sustainability at the heart of its business, helping customers worldwide to excel in the circular economy, as demonstrated by its ResponsibleSteelTM certification, which ensures high standards of environmental, social, and governance (ESG) performance.

Number of employees: 13,300

Sales by Activity: Aperam S.A.

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Stainless & Electrical Steel

4.37B 5.51B 4.23B 4.01B 3.82B

Services & Solutions

2.21B 2.78B 2.26B 2.38B 2.13B

Recycling & Renewables

- 2.43B 1.98B 1.95B 1.58B

Alloys & Specialties

518M 665M 889M 919M 1.11B

Others & Eliminations

-2B -3.23B -2.76B -3B -2.56B

Geographical breakdown of sales: Aperam S.A.

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Germany

1.17B 1.51B 1.2B 1.23B 1.03B

Brazil

1.21B 1.43B 1.03B 990M 1.01B

United States

167M 1.01B 796M 871M 911M

Italy

693M 877M 711M 672M 705M

France

298M 362M 305M 295M 275M

Spain

124M 296M 260M 198M 262M

South Korea

81M 113M 156M 185M 233M

Others Europe

587M 343M 269M 275M 227M

Belgium

159M 357M 254M 214M 189M

United Kingdom

66M 280M 241M 201M 162M

Poland

165M 188M 148M 151M 129M

China

59M 66M 99M 82M 126M

Czech Republic

- 138M 113M 111M 110M

Austria

- 134M 117M 101M 104M

Taiwan

- 166M 177M 137M 104M

Netherlands

77M 111M 84M 78M 104M

Switzerland

- 126M 128M 134M 90M

Turkey

90M 117M 85M 68M 58M

Finland

- 236M 49M 43M 48M

India

13M 45M 64M 44M 48M

Canada

- - - - 38M

Others Asia & Africa

24M 30M 40M 30M 34M

Argentina

51M 94M 111M 48M 32M

Vietnam

26M 27M 24M 23M 21M

Others Americas

44M 71M 109M 55M 19M

Japan

- 14M 14M 13M 12M

Australia

- 12M 6M 5M 6M

United Arab Emirates

1M - - - -

Executive Committee: Aperam S.A.

Manager TitleAgeSince
Chief Executive Officer 47 2025-12-31
Director of Finance/CFO 55 2025-09-30
Investor Relations Contact - -
Human Resources Officer 57 2015-03-31
Corporate Officer/Principal 47 -

Composition of the Board of Directors: Aperam S.A.

Director TitleAgeSince
Chairman 75 2010-12-05
Director/Board Member 50 2010-12-05
Director/Board Member 67 2025-12-31
Director/Board Member 71 2020-05-04
Director/Board Member 65 2019-04-30
Director/Board Member 54 2020-04-30
Director/Board Member - 2022-05-03

Shareholders: Aperam S.A.

NameStocks%Valuation
40.33 %
29,513,459 40.33 % 1 476 M €
1.152 %
842,907 1.152 % 42 M €
Goldman Sachs Asset Management BV
0.88 %
644,019 0.88 % 32 M €
W1m Investment Management Ltd.
0.7698 %
563,384 0.7698 % 28 M €
Argenta Asset Management NV
0.5565 %
407,253 0.5565 % 20 M €

Holdings: Aperam S.A.

NameStocks%Valuation
842,9071.15% 42 M $

Company details: Aperam S.A.

Aperam SA

24-26 Boulevard d'Avranches

1160, Luxembourg

+

http://www.aperam.com
address Aperam S.A.(APAM)

Group companies: Aperam S.A.

NameCategory and Sector
Wholesale Distributors
Steel
Steel
Financial Conglomerates
Steel

Iron, Steel Mills & Foundries

Change 5-day change 1-year change 3-year change Capi.($)
-3.95%-4.27%+10.01%+33.10% 2.76B
-0.52%+6.11%+82.90%+83.87% 62.13B
-17.34%+0.19%-2.81%-9.03% 48.61B
-2.15%+0.56%+60.43%+164.69% 45.13B
-1.08%+3.84%+58.55%+139.79% 35.67B
-0.50%+4.89%+2.90%+69.60% 32.01B
-2.19%0.00%-33.57%-35.95% 30.87B
-0.64%+5.12%+56.10%+72.92% 22.26B
-1.06%+0.27%-9.03%+40.75% 22.05B
-0.41%+0.38%+2.08%+1.06% 21.78B
Average -2.98%+1.71%+22.76%+56.08% 32.33B
Weighted average by Cap. -3.56%+2.55%+30.96%+64.79%
Trader
Investor
Global
Quality
ESG MSCI
AAA
MarketScreener Ratings - Aperam S.A.
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
34.06EUR
Average target price
50.14EUR
Spread / Average Target
+47.20%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Aperam S.A.