Appointment of Financial Adviser and Broker

12 January 2021

Ferrexpo plc

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

Appointment of Financial Adviser and Corporate Broker

Ferrexpo is pleased to announce that it has appointed Liberum Capital Limited ("Liberum") as Financial Adviser and Corporate Broker to the Company with immediate effect.

For further information, please contact:

Notes to Editors:

Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine. It has been mining, processing and selling high quality iron ore pellets to the global steel industry for over 40 years. In 2020, the Group produced 11.2 million tonnes of iron ore pellets, a 7% increase on the prior year. The Company is ranked as the world's 3rd largest exporter of pellets to the global steel industry with a market share of approximately 9%. Ferrexpo has a diversified customer base supplying steel mills in Austria, Germany, Japan, South Korea, Taiwan, China, Slovakia, the Czech Republic, Turkey, Vietnam and America. Ferrexpo has a premium listing on the main market of the London Stock Exchange under the ticker FXPO. For further information, please visit www.ferrexpo.com.