Restart of production at Ukrainian operations

7 September 2026

Ferrexpo plc

("Ferrexpo", the "Group" or the "Company")

Restart of production at Ukrainian operations

Ferrexpo plc (LSE: FXPO), a producer and exporter of premium iron ore products, is pleased to announce the restart of production at its operations in Ukraine.

Following the US$100 million fundraising announced on 4 September 2026, the Company has mobilised its operations over the weekend and production has recommenced using one pellet line. Given the well documented attacks currently taking place on ports and vessels in the Black Sea, the Company intends to focus on exports to customers in Europe.

Commenting on the production restart, Lucio Genovese, Interim Executive Chair, said:

"We are pleased to restart production in Ukraine and I would like to thank our workforce, who have once again demonstrated their commitment and determination in being able to bring the operation back online over the weekend."

This announcement contains inside information. The person responsible for the release of this announcement is Mark Gregory, Group Company Secretary.

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About Ferrexpo:

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). 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 the world. For further information, please visit www.ferrexpo.com.

LEI: 213800CEDKSNUTPAQZ41