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AFAGR — Afarak SE News Story

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Afarak Group Reports a Fatality at Ilitha

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15:55 London, 17:55 Helsinki, 25 September 2024 - Afarak Group
SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

AFARAK GROUP REPORTS A FATALITY AT ILITHA

The Company confirms with deepest regret an unexpected fatal accident at
Ilitha in South Africa on 16 September 2024.

The investigations of the causes of the accident are continuing in situ and
more information will be available once the investigations are complete.

Afarak Group extends its deepest sympathy with the Family of the worker.

Helsinki, September 25, 2024

AFARAK GROUP SE

Board of Directors

For additional information, please contact:

Afarak Group SE

Guy Konsbruck, CEO, +356 2122 1566, guy.konsbruck@afarak.com

Financial reports and other investor information are available on the
Company's website: www.afarak.com.

Afarak Group is a specialist alloy producer focused on delivering sustainable
growth with a Speciality Alloys business in southern Europe and a
FerroAlloys business in South Africa. The Company is listed on NASDAQ
Helsinki (AFAGR) and the Main Market of the London Stock Exchange (AFRK).

Distribution:
NASDAQ Helsinki
London Stock Exchange
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