Slide 1: First Quarter 2016
DOS SMISKIS V\ 4 Ferroglobe = ff naspao GSM i First Quarter 2016 VAY NA AA AE
Slide 2: Forward-Looking Statements
Forward-Looking Statemen This presentation contains forward-looking statements within the meaning of Section 27A of the United States Securities Act of 2933, as amended, and Section 23€ ofthe soa as at ae uid on ean aston: of manger Utd tates ecles Exchange At of 4 2 aended, Forvarooking sateen ret
Slide 3: Table of contents
Table of contents I. Ql overview Il. Selected financial highlights
Slide 4: I. Q1 overview
I. Q1 overview Y) Ferroglobe
Slide 5: Challenging environment and pricing pressures weighed on Q1 results
Challenging environment and pricing pressures weighed on Q1 results including prices for: Manganese alloys of Silicon metal of $1.08 per suena ae a 5 pr pee , $764/MT, down 23% ind, down 14%
Slide 6: Partially mitigated
Partially mitigated Reduced costs Product and geographic diversification Globe Specialty Metals footprint
Slide 7: Despite this we continued to generate positive free cash flow
Despite this we continued to generate positive free cash flow $100 million soa eng fomatan
Slide 8: Ferroglobe today has increased product diversification
Ferroglobe today has increased product ...which adds diversification to our revenue diversification... stream Product diversification: Sales in US Dollars 1. Silicon metal: recent sale prices dex: Manganese Prpoaney well-above in 2. Silicon alloy prices have been Silicon Metal oot increasing modestl
Slide 9: Strong balance sheet and multiple levers to pull
Strong balance Multiple levers to sheet gives pull given diversified company ability to products, end grow in current markets & environment geographies
Slide 10: II. Selected financial highlights
Il. Selected financial highlights Y) Ferroglobe
Slide 11: Q1 key performance indicators and overview
Q1 key performance indicators and overview Key performance i Sales (sm) OSS) Operating Profit (sm) -21.8 44.2 Profit Attributable to the Parent (sm) 25,7 -96.6 Adjusted EBITDA (sm) 33.9 294.8 Adjusted EBITDA Margin 8.0% 14.4% Working capital (sm) 498.9 553.6 Free Cash Flow (sm) 353 113.3
Slide 12: GSM and mGFA
92,449) 26.470] 96,667, a7a7| 24,160] GSM mGFA 96,768] 22.a82| 90,105; 25,181 2292, ans 77015 62,289] 73,027] 50,882| sa731| 34783 ans 60,999] 2207 9571 63.575] 22203
Slide 13: Focus on reducing working capital and generating free cash flow
Focus on reducing working capital and generating free cash flow the Outstanding ona global basis production/delivery platform
Slide 14: Ferroglobe synergies
Ferroglol synergies “Quick wins” Synergies opportunities that have been rapidly captured Taking advantage of ms condos in key erials Ability to negotiate better terms on co: component sues ja Platform: enma In: > Allocating production to lowest cost locations, idling highest plants reased sa > be le
Slide 15: Balance Sheet Summary
Balance Sheet Summary Qi 2016' 12/31/2015 ($mm) Total Assets 2,359.2 2,406.1 Net Debt? 421 393 Book Equity 1,271.7 1,295 Net Debt? / Total Assets 17.8% 16.6% Net Debt?/ Capital? 24.9% 23.3% 2 nancial rests 7 ve 1 Nees ets ites 43 Copiteliscaleated as bookequty pl et debt 4
Slide 16: Q&A
Q&A Y) Ferroglobe
Slide 17: SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: May 18, 2016 FERROGLOBE PLC By: /s/ Stephen Lebowitz Name: Stephen Lebowitz Title: Chief Legal Of