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AFAGR — Afarak SE News Story

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AFARAK GROUP SE: CHANGE IN CORPORATE MANAGEMENT

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21:30 London, 23:30 Helsinki, 7 November 2023 - Afarak Group SE ("Afarak"
or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

AFARAK GROUP SE: CHANGE IN CORPORATE MANAGEMENT

Stock Exchange Release

The Board of Directors of the Company has today appointed Christoph Kemper,
General Manager of Elektrowerk Weisweiler GmbH (“EWW”), as the Chief
Technical Officer of Afarak Group as of 7 November 2023. Christoph Kemper will
also continue in his current position in EWW.

Helsinki, November 7, 2023

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
Main media

www.afarak.com

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