Business
Report on Payments to Governments to 31 Dec 2025
Ferrexpo Plc has reported its payments to governments for the year ended 31 December 2025, totalling US$40,567,000. This figure comprises US$11,587,000 in taxes paid and US$28,980,000 in royalties paid, all related to its mining operations in Ukraine. The company's report adheres to The Reports on Payments to Governments Regulations 2014, with taxes paid excluding consumption-based taxes. Disclaimer*
About this update from Ferrexpo Plc
1 July 2026 Ferrexpo Plc ("Ferrexpo" or the "Company" or the "Group") Report on Payments to Governments for the year ended 31 December 2025 Ferrexpo Plc (LSE: FXPO), a premium iron ore pellet producer and supplier to the global steel industry, hereby provides information in accordance with DTR 4.3A in respect of payments made by the Company, and its subsidiaries, to governments during the year ended 31 December 2025. This announcement is made in compliance with The Reports on Payments to Governments Regulations 2014, as amended (the "Regulations"). 2025 (US$ '000) Production entitlements Taxes paid Royalties paid Dividends paid Bonuses paid Licences and concessions paid Infrastructure improvements paid Total Ukraine: State treasury: State budget - 3,732 20,286 - - - - 24,018 State treasury: Regional budget - 909 7,245 - - - - 8,154 State treasury: Local budget - 6,946 1,449 - - - - 8,395 Total Ukraine - 11,587 28,980 - - - - 40,567 Grand Total - 11,587 28,980 - - - - 40,567 Basis of preparation: 1. The Company regards payments relating to the Group's mining operations in Ukraine as interconnected projects for the purposes of the regulations. 2. Taxes paid include taxes levied on the income, production or profits of companies but excludes any taxes levied on consumption such as value added taxes, personal income taxes or sales taxes. 3. Payments made in currencies other than US dollars are converted at the average foreign exchange rate for the relevant month. This report is available for download at www.ferrexpo.com. For further information, please contact: Ferrexpo: Via Tavistock Tavistock: Jos Simson Gareth Tredway [email protected] +44 (0)20 7920 3150 +44 (0)7785 974 264 Notes: Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine and a listing in the equity shares commercial companies category on the London Stock Exchange (ticker FXPO) and a constituent of the FTSE All Share and FTSE4Good indices. The Group produces premium grade iron ore products sold to the global steel industry and enabling steel makers to reduce carbon emissions and increase productivity. Ferrexpo's operations have been supplying the global steel industry for over 50 years with a customer base comprising of premium steel mills around th...