HAYN Haynes International Inc

On June 21, 2023, Haynes International Inc. (the “Company”) issued a press release to provide an update regarding its operational restoration efforts following the recent cybersecurity incident.

As previously disclosed, on June 10, 2023, the Company began experiencing a network outage indicative of a cybersecurity incident. Upon detection of the incident, the Company engaged third-party specialists to assist in investigating the source of the outage, determine its potential impact on the Company’s systems, and securely restore full functionality to the Company’s systems.

Although various aspects of the Company’s networks were down while the retained specialists remediated the incident, all of the Company’s manufacturing operations are now running with some operating inefficiencies. In addition, the Company has substantially restored its administrative, sales, financial, and customer service functions.

While the Company has determined that some data was copied from the network, at this stage, there is no evidence that either customer or employee information was accessed. Although the incident and the Company’s response efforts caused some delay in product shipments, it is not yet possible to determine the full impact on the Company’s quarterly financial results.

The investigation into this incident and the Company’s restoration efforts are ongoing.

The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Forward-Looking Statements

This Current Report on Form 8-K contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. All statements other than statements of historical fact made herein are forward-looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including, without limitation, those risk factors set forth in Item 1A of the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission for the fiscal year ended September 30, 2022. Actual results may differ materially from those in the forward-looking statements as a result of various factors, many of which are beyond the Company's control. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.