Aperam announces dividend payment schedule for 2019

Luxembourg, 6 February 2019 (07:00 CET) - Aperam announces its detailed dividend payment schedule for 2019.

The Company proposes to increase its base dividend by about 15% from EUR 1.53/share to EUR 1.75/share , subject to shareholders approval at the next Annual General Meeting to be held on 7 May 2019, as the company continues to improve its sustainable profitability benefiting from its strategic actions.

The dividend payments would occur in four equal quarterly installments of EUR 0.4375 (gross) per share in 2019 as described below in the detailed dividend schedule

Dividends are announced in Euros. Dividends are paid in Euros for shares listed on the European Stock Exchanges (Amsterdam, Brussels, Paris, Luxembourg). Dividends are paid in US dollars for shares traded in the United States on the over-the-counter market in the form of New York registry shares and converted from Euros to US dollars based on the European Central Bank exchange rate at the date mentioned in the table below. A Luxembourg withholding tax of 15% is applied on the gross dividend amounts.

Table: Detailed dividend schedule 2019

  1st Quarterly Payment (interim) 2nd Quarterly Payment 3rd Quarterly Payment 4th Quarterly Payment
Announcement date 26 February 2019 13 May 2019 13 August 2019 12 November 2019
Ex-Dividend 01 March 2019 16 May 2019 16 August 2019 15 November 2019
Record Date 04 March 2019 17 May 2019 19 August 2019 18 November 2019
Payment Date 26 March 2019 13 June 2019 13 September 2019 11 December 2019
FX Exchange rate 27 February 2019 14 May 2019 14 August 2019 13 November 2019

In order to benefit from exemption of Luxembourg dividend withholding tax at source, an “Informative Memorandum” describing the procedure to obtain an exemption at source of the Luxembourg dividend withholding tax is available at the following link.

About Aperam

Aperam is a global player in stainless, electrical and specialty steel, with customers in over 40 countries. The business is organized in three primary operating segments: Stainless & Electrical Steel, Services & Solutions and Alloys & Specialties.

Aperam has 2.5 million tonnes of flat Stainless and Electrical steel capacity in Brazil and Europe and is a leader in high value specialty products. Aperam has a highly integrated distribution, processing and services network and a unique capability to produce stainless and specialty from low cost biomass (charcoal). Its industrial network is spread in six production facilities located in Brazil, Belgium and France.

In 2018, Aperam had sales of EUR 4,677 million and steel shipments of 1.97 million tonnes. For further information, please refer to our website at www.aperam.com

Contact

Corporate Communications / Laurent Beauloye: +352 27 36 27 103Investor Relations / Thorsten Zimmermann: +352 27 36 27 304

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