Ferroglobe Plc · NASDAQ:GSM
Ferroglobe — B. Riley Securities 25th Annual Investor Conference (May 2025)
14 slides from Ferroglobe's conference presentation, May 2025
Slide 1: Driving innovation of critical materials essential to a sustainable future
Driving innovation of critical materials essential to a sustainable future B. Riley Securities 25th Annual Investor Conference May 2025 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 193 3, as amended, and Section 21E of the United States Securities Exchang e Act of 193 4, as amended. Forward-look
Slide 3: Why Ferroglobe
WHY FERROGLOBE 1 Attractive growth opportunity in EV & Solar Disciplined capital management 2 • Critical for energy transition • Strong balance sheet, net cash positive • Innovation & technical know-how • Attractive capital return policy 3 Leading western producer SiMe & Si-Based fully integrated 4
Slide 4: 1. Attractive Growth Potential in EV & Solar
1. ATTRACTIVE GROWTH POTENTIAL IN EV & SOLAR Ferroglobe well positioned to become a long-term growth company 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 Accelerating
Slide 5: Encouraging Trade Measures Development
ENCOURAGING TRADE MEASURES DEVELOPMENT Trade Measures Decided Trade Measures Ongoing FeSi Combined AD/CVD Duties by Country EU Safeguard Decision Finalized by Finalized by (includes all our main products) Decision by EC Country Final Duty(1) Commerce ITC Expected before end Russia 1042% 12-Sep-24 28
Slide 6: Strong Silicon Growth Expected in EV & Solar
STRONG SILICON GROWTH EXPECTED IN EV & SOLAR SiMe demand forecast (*) (kt) SiMe demand for solar & electronics (*) (kt) + 6% 2,875 CAGR 530 511 + 13% 494 CAGR 474 454 2,570 2,296 341 2,085 315 286 1,795 262 245 2025E 2026E 2027E 2028E 2029E 2025E 2026E 2027E 2028E 2029E USA Europe • Silicon metal de
Slide 7: 2. Disciplined Capital Management
2. DISCIPLINED CAPITAL MANAGEMENT Solid balance sheet ($´m) Strong free cash flow (*) generation ($´m) 343 513 460 164 239 92 94 110 39 19 5 Q4-21 Q4-22 Q4-23 Q4-24 Q1-25 2021 2022 2023 2024 Q1-25 (25) (101) (137) (*) Free cash flow is calculated as cash from operations less capital expenditures Adj
Slide 8: Compelling Capital Return Program
COMPELLING CAPITAL RETURN PROGRAM BALANCED CAPITAL ALLOCATION SHAREHOLDER FRIENDLY CAPITAL POLICY Strategic Total Distributions Investments Cash CAPEX • Initiated quarterly dividends in March 2024, increased by 8% in March 2025 Dividend Coreshell Disciplined CAPEX • Executed opportunistic share $2.6
Slide 9: 3. Leading Western Producer
3. 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 Spai
Slide 10: 4. SiMe & Si-Based Fully Integrated
4. SIME & SI-BASED FULLY INTEGRATED 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 furnaces silicon metal, (ii) Ferro
Slide 11: 5. Strong Global Customer Base
5. STRONG GLOBAL CUSTOMER BASE • Local producer supplying local customers • Critical input for hundreds of industrial applications 11
Slide 12: 6. Focus on Operational Excellence
6. FOCUS ON OPERATIONAL EXCELLENCE Reduction of working capital and better use of capital resources Sales & Operations Manage production schedules and capacity to meet the production plan Planning (S&OP) Aligns operational capacity with demand and manages material Rollout availability for production
Slide 13: Strong Balance Sheet with Long-Term Growth Opportunities
STRONG BALANCE SHEET WITH LONG-TERM GROWTH OPPORTUNITIES • Strong secular growth in solar and electric vehicle battery - Strategic alliances to capitalize on this opportunity • Strategically located facilities around the world to serve Symbol GSM customers globally Market Cap* $0.7bn • Brownfield ex
Slide 14: Investor Relations
Investor Relations Media Inquiries Alex Rotonen, CFA Cristina Feliu Roig VP, Investor Relations NASDAQ: GSM Global Director of Communications investor.relations@ferroglobe.com corporate.comms@ferroglobe.com
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