Elvalhalcor Hellenic Copper and Aluminium Industry S A : ANNOUNCEMENT FOR CHANGE OF A MEMBER OF THE BOARD OF DIRECTORS

Athens, 12.07.2021

ANNOUNCEMENT

The SA company under the trade name 'ELVALHALCOR HELLENIC COPPER AND ALUMINIUM INDUSTRY S.A' (hereinafter referred to as the 'Company') announces, following the decision of the Board of Directors of the Company dated as of July 12^th, 2021, the election of Mr. Georgios Lakkotrypis, son of Antonios, as a provisional independent non-executive member of the Board of Directors of the Company until the first General Meeting of the Shareholders of the Company, according to article 3 of Law 3016/2002, as in force, in replacement of the resigned Mr. Nikolaos Galetas, son of Ioannis. Mr. Georgios Lakkotrypis fulfills the independency conditions and criteria provided for in article 4 par. 1 of the Law 3016/2002, as in force until July 17^th, 2021, as well as in article 9 par. 1 and 2 of Law 4706/2020. Furthermore, Mr. Georgios Lakkotrypis fulfills the suitability criteria for his election in the aforementioned position, according to the provisions of the Suitability Policy of the members of the Board of Directors of the Company which has been approved by the Ordinary General Meeting of the Shareholders of the Company of May 24^th, 2021. Following this, the Board of Directors of the Company was formed again into body as follows:

1) Michail Stassinopoulos of Nikolaos, Chairman of the Board of Directors, Non-executive member.

2) Dimitrios Kyriakopoulos of Georgios, Vice-Chairman of the Board of Directors, Executive member.

3) Lampros Varouchas of Dimitrios, Executive member.

4) Periklis Sapountzis of Christos, Executive member.

5) Konstantinos Katsaros of Georgios, Executive member.

6) Elias Stassinopoulos of Nikolaos, Non-executive member.

7) Christos - Alexis Komninos of Konstantinos, Non-executive member.

8) Nikolaos Koudounis of Konstantinos, Non-executive member.

9) Aikaterini - Nafsika Kantzia of Adamantios, Non-executive member.

10) Athanasia Kleniati- Papaioannou of Konstantinos, Non-executive member.

11) Vasileios Loumiotis of Ioannis, Independent Non-executive member.

12) Ploutarchos Sakellaris of Konstantinos, Independent Non-executive member.

13) Ourania Aikaterinari of Nikolaos - Parmenionas, Independent Non-executive member.

14) Thomas George Sofis of George, Independent Non-executive member.

15) Georgios Lakkotrypis of Antonios, Independent Non-executive member.

The term of office of the Board of Directors of the Company, elected by the Ordinary General Meeting of the Shareholders of the Company of May 24^th, 2021, is, according to article 11 par. 1 of the Articles of Association of the Company, annual, i.e. until May 24^th, 2022, which is extended, pursuant to article 85 par. 1 section c) of Law 4548/2018, as in force, and article 11 par. 2 of the Articles of Association of the Company, until the lapse of the deadline, within which the immediately following Ordinary General Meeting of the Shareholders of the Company of 2022 must convene and until the relevant decision is taken, not to exceed two years.

About ElvalHalcor

ElvalHalcor is a leading global industrial producer of aluminium and copper products. The Company was formed in December 2017 via the merger of ELVAL and HALCOR. ElvalHalcor currently holds a leading position in Europe in the copper tubes sector, while also having established its leading position within the global aluminum rolling industry. The Company has over 80 years of experience and know-how, a strong production base across 17 state-of-the-art production plants and a market presence in over 100 countries. ElvalHalcor offers sustainable solutions and products in dynamically developing markets such as packaging, transportation, building and construction, heating, cooling and air conditioning and RES. ElvalHalcor¶s growth focuses on investing in technology and sustainable development, thereby creating value for its stakeholders. For more information about the Company, please visit the website www.elvalhalcor.com.