Slide 1: Sustainability at the Heart of Aperam's Strategy
Sustainability at the Heart of Aperam’s Strategy Update 2026 1
Slide 2: Business Overview
Business Overview Aperam is Active in Stainless, Electrical & Specialty Steel & Scrap #2 in Europe and the only producer of flat stainless and electrical steel in South America Revenue by industry 2025 2 6 3 3% €6.1bn Sales 4 5 13,203 Employees 2.5mt Capacity Building & Construction Automotive 51 Re
Slide 3: Product & Process
Product & Process Aperam produces a superior product in a sustainable and responsible way SUPERIOR Very long useful life Corrosion resistant Abrasion resistant PRODUCT 100% recyclable Acid resistant Aesthetic Non-toxic Fireproof Mechanically strong RENEWABLE Our blast furnace in Brazil uses 100% cha
Slide 4: Circular economy
Circular economy Aperam is at the heart of the European circular economy. Scrap and recycled material are our dominating input. ● Aperam uses ~ 90% scrap in its austenitic grades End Product ● Integrated scrap collection and regional sourcing ● Aperam’s location at the heart of Life cycle ▢ Recyclin
Slide 5: Recycling & Renewables
Recycling & Renewables ~30% of Aperam’s workforce creates value from working in renewables and recycling upstream ESG Leadership Stakeholder SCRAP DUST & Value RECYCLING RESIDUES RECYCLING Cost Benefit & Growth
Slide 6: Aperam is Part of the Solution
Aperam is Part of the Solution Aperam is committed to a net zero target which is science based provided by Moody’s credit rating e-Mobility Aperam’s solutions enable e-vehicle components such as converters, inverters, onboard-charges, motors, EPS, solutions cooling systems, air conditioning systems,
Slide 7: Aperam Supports the United Nations' Sustainable Development Goals
Aperam Supports the United Nations’ Sustainable Development Goals Gender balance ranks highly on our priority list with a Almost 50% of Aperam’s R&D and innovation are top Lowering water Health & Safety is special commitment from energy comes from priorities for Aperam. We consumption and improving
Slide 8: Responsible Low-GHG Stainless Steel
ESG - Aperam approaches ESG Holistically ENVIRONMENT SOCIAL GOVERNANCE One of the leading CO2 e Health & Safety is our High ethical standards with footprint prime objective zero tolerance policy Clear improvement targets Responsible supply chain Human Rights, Inclusion & - Waste - Air diversity Majo
Slide 9: ESG Status & Targets
ESG STATUS & TARGETS We aim to become carbon neutral by 2050 & validate our A best-in-class footprint & clear improvement targets CO2 roadmap Indicator Target Timeline Social Health & Safety TRIR (Total Recordable Incident Rate) <3 2026 Employee Satisfaction Sustainable Engagement from our All-Emplo
Slide 10: Health & Safety
Health & Safety Our prime objective ROADMAPS TRIR IS CLEARLY BELOW … WITH VERY LOW WITH 3 STRATEGIC AXES THE SS INDUSTRY* … SEVERITY RATE** Prevent and control the risk of fatal and severe 0 Fatality accidents 54 LTI - Detailed improvement plan Restricted work 25 13 post a H&S audit of each site 20
Slide 11: Recycling content & renewable share puts Aperam in a best-in-class position
GHG Recycling content & renewable share puts Aperam in a best-in-class position SCRAP USAGE REDUCES APERAM ENERGY MIX 2025 ELECTRICITY IS KEY FOR CO2 EMISSIONS SUBSTANTIALLY* DECARBONIZING (2023 DATA) Indonesia Germany Belgium Finland South Africa China France Spain Italy USA Brazil Scrap Share 300
Slide 12: Transparent plan for 0.30 tCO2e/tcs by 2030 and carbon neutrality by 2050
GHG Aperam has a transparent & realistic plan for realizing 0.30 tCO2e/tcs by 2030 and carbon neutrality by 2050 APERAM CO2 EMISSION BY SCOPE Aperam Is Part Of The Steel MEASURES & CAPEX 0.28 te/tcs* Industry – In A Very Different Way Target: <0.3 tCO2e/tcs in 2030*² SCOPE 2 0.10t/t Electricity • Ou
Slide 13: CO2 Reduction Program Composition
GHG CO2 Reduction Program Composition Energy Efficiency Green Energy Generation > Use of AI and Deep Learning for improving our heating > Maximize the use of renewables: solar, wind models > Heat recovery (high and medium temperature) for > Thermal insulation heating or electricity generation purpose
Slide 14: The share of recycled material defines the CO2 footprint
The share of recycled material defines the CO2 footprint This is the key reason for Aperam’s differentiated value chain Usage of CO2 intensive Nickel-Pig-Iron can not be compensated for Actual and modelled carbon footprint for 1 t 304 grade black coil in EU, Indonesia and China (Indonesia and China
Slide 15: Records and targets
Records and targets Aperam has a convincing environmental track record and clear improvement targets Dust emissions (g/t crude steel) CO2 emissions (t/t crude steel)* Water intake (m3/t crude steel) 2030 Represents Aperam’s targets * Scope 1 (on-biogenic) + scope 2 (market-based), for change in meth
Slide 16: Governance
Governance Our diverse Board of Directors ensures effective governance PRINCIPLES OF THE BOARD SHAREHOLDER STRUCTURE • Responsible for strategic direction and oversight of the business, as well as for appointing senior management • Election subject to shareholder approval. Directors are elected 8% f
Slide 17: Our leadership team is diverse & experienced
Governance Our leadership team is diverse & experienced KEY FACTS & COMPENSATION LEADERSHIP TEAM • Entrusted with day-to-day management of the Company • Appointed by the Board of Directors • Experience and industry know-how • Average age: 53 / 5 nationalities • CEO: responsible for Aperam’s sustaina
Slide 18: Aperam achieved top results
Aperam achieved top results Year Rating Agency Result 2026 82 points “Gold”: Top 5% of rated steel companies 2026 59 points: “average performance” Water: B Award by the ICDA. 2025 Climate: C Responsibly source chromium. 2025 Prime (B) Net Zero Assessment at NZ-2 (consistent with 2015 Paris agreement
Slide 19: Q&A
Q&A Please send your questions to sustainability@aperam.com 19