REG-ANOTHER FIN-FSA RELEASE IN THE MATTER AGAINST DR DANKO KONCAR

Afarak SEAnnouncement

06/11/2025 10:15

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10:15 London, 12:15 Helsinki, 6 November 2025 - Afarak Group SE ("Afarak" or
"the Company") (LSE: AFRK, NASDAQ: AFAGR)

ANOTHER FIN-FSA RELEASE IN THE MATTER AGAINST DR DANKO KONCAR

Stock Exchange Release

On 6 November 2025, the Financial Supervisory Authority (FIN-FSA) has
published attached information. Although this is not a company matter, Afarak
was requested by Fin-FSA to inform its shareholders accordingly.

Helsinki, November 6, 2025

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 

Attachments
*     Fiva press release Koncar EN 061125
(https://ml-eu.globenewswire.com/Resource/Download/5723ca7d-e0b6-47ab-a910-695e899a5566)
  
*     fin-fsa-decision-koncar-051125-public
(https://ml-eu.globenewswire.com/Resource/Download/40b7dbf5-e1ba-4842-a4d6-2b69c45891dc)