Ferroglobe Plc · NASDAQ:GSM
Ferroglobe — BMO Global Metals, Mining & Critical Materials Conference 2026
15 slides from Ferroglobe's conference presentation, February 2026
Slide 1: Driving innovation of critical materials essential to a sustainable future
Driving innovation of critical materials essential to a sustainable future BMO Global Metals, Mining & Critical Materials Conference February 23-24, 2026 NASDAQ: GSM
Slide 2: Forward-Looking Statements and Non-IFRS Financial Metrics
FORWARD-LOOKING STATEMENTS AND NON-IFRS FINANCIAL METRICS This presentation contains forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking
Slide 3: Who Is Ferroglobe
WHO IS FERROGLOBE GLOBAL CUSTOMERS WITH DIVERSIFIED END MARKETS Company FERROGLOBE IN FIGURES WELL-DIVERSIFIED REVENUE MIX ($1,335m FY25) Ferroglobe Plc Name Other $149m Silicon Metal RoW United States 1st 14% $430m $179m $535m Industry Advance Materials Merchant Of global producer in the Silicon Me
Slide 4: Why Ferroglobe
WHY FERROGLOBE Positioned for 2026 market upswing Disciplined capital management • EU safeguards approved on Nov. 18, 2025 • Solid balance sheet with prudent Capex • Encouraging progress in the U.S. • Increased dividends again in 2026 Silicon Metal AD/CVD case • Discretionary share repurchase progra
Slide 5: Favorably Positioned for Market Upswing
FAVORABLY POSITIONED FOR MARKET UPSWING Ferroglobe ready to capitalize on the expected market improvement in 2026 Tariffs / Trade measures ▪ Trade measures to level the playing field ▪ Expect Ferroglobe to be a net beneficiary of potential tariffs ▪ Encourages local supply chain development Accelera
Slide 6: Driving Value Through Capital Stewardship
DRIVING VALUE THROUGH CAPITAL STEWARDSHIP Solid balance sheet ($´m) SHAREHOLDER FRIENDLY CAPITAL POLICY 513 460 • Initiated quarterly dividends in March 2024, 239 increased by 8% in March 2025 & 7% in March 153 94 2026 39 Q4-21 Q4-22 Q4-23 Q4-24 Q4-25 • Executed opportunistic share repurchases (101)
Slide 7: Fully Integrated SiMe & Si-Alloys Production: A Strategic Advantage
FULLY INTEGRATED SIME & SI-ALLOYS PRODUCTION: A STRATEGIC ADVANTAGE VERTICALLY INTEGRATED PRODUCTION 1 | Raw Materials 2 | Smelting 3 | Metals/Alloys 4 | Customers 5 | End Products Extraction of raw Owns and operates Key products are: (i) Major industries for Aluminum/ materials through efficient fu
Slide 8: Exceptional Capabilities in Critical Minerals
EXCEPTIONAL CAPABILITIES IN CRITICAL MINERALS Current Critical Minerals Strengths Potential Critical Minerals Capabilities Silicon metal: Electric Arc Furnace Chromium: Foundational for Excellence – Expands our Strengthening Solar, advanced alloys for critical minerals footprint semiconductors, aero
Slide 9: Strong Diversified Global Customer Base
STRONG DIVERSIFIED GLOBAL CUSTOMER BASE • Supplying local customers from local facilities • Critical input for hundreds of industrial applications • Onshoring/nearshoring tailwinds support local production 9
Slide 10: Solid Balance Sheet Supports Long-Term Growth
SOLID BALANCE SHEET SUPPORTS LONG-TERM GROWTH • Well-positioned for the expected market rebound in 2026 - Trade measures and production curtailment should stabilize supply and demand, drive improved market performance Symbol GSM • Strong secular growth in solar and electric vehicle batteries - Strat
Slide 11: Appendix ─ Supplemental Information
Appendix ─ Supplemental Information
Slide 12: Encouraging Progress on Trade Measures
ENCOURAGING PROGRESS ON TRADE MEASURES Trade Measures Finalized Trade Measures Pending The U.S. FeSi Combined Antidumping (AD) & Countervailing Duties (CVD) U.S. Silicon Metal AD/CVD Finalized by Finalized by FINAL Final Reciprocal Total Country Final Duty (1) Commerce ITC Country AD CVD Combined De
Slide 13: Strong Silicon Growth Expected in EV & Solar
STRONG SILICON GROWTH EXPECTED IN EV & SOLAR Silicon Metal Demand for Solar & Electronics(*) (kt) Total Global Silicon Metal Demand Forecast (*) (kt) 2,228 + 6% CAGR 2,056 + 5% 5,873 CAGR 5,581 1,904 5,301 1,766 5,022 1,665 4,703 4,706 1,594 2025E 2026E 2027E 2028E 2029E 2030E 2025E 2026E 2027E 2028
Slide 14: A Leading Western Producer
A LEADING WESTERN PRODUCER Europe # 1 SiMe producer # 2 Si-Based & Mn-Alloys (1) Americas # 1 SiMe & Si-Based alloys producer Global Production Capacity (kt) Metallurgical sites North South South Europe Total America America Africa Mines (2) Silicon Metal 184.0 93.2 - 51.0 328.2 (1) 2 mines in Spain
Slide 15: Investor Relations
Investor Relations Media Inquiries Alex Rotonen, CFA Cristina Feliu Roig Vice President, Investor Relations NASDAQ: GSM Vice President, Communications & Public Affairs investor.relations@ferroglobe.com corporate.comms@ferroglobe.com
Ferroglobe — BMO Global Metals, Mining & Critical Materials Conference 2026 on 6ix