20 April 2023                   

Ferrexpo plc

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

Director Declaration - External Appointment

In accordance with Listing Rule 9.6.14R(2), Ferrexpo plc (LSE: FXPO) makes the following notification concerning Fiona MacAulay, Senior Independent Director and Non-executive Director of the Company.

In relation to her existing appointment as a Non-executive Director of Dowlais Group Plc, Ms. MacAulay has informed the Company that Dowlais Group Plc became a publicly listed company on the London Stock Exchange with effect from 20 April 2023.

As detailed in our 2023 Notice of Annual General Meeting, Fiona will step down as non-executive chair and chair of the remuneration committee of IOG plc after its 2023 AGM scheduled for 2 May 2023.

For further information, please contact:

Notes to Editors:

Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine and a premium listing on the London Stock Exchange in the FTSE 250 index (ticker FXPO). The Group produces high grade iron ore pellets, which are a premium product for the global steel industry and enable reduced carbon emissions and increased productivity for steelmakers when the Group's iron ore pellets are converted into steel, compared to more commonly traded forms of iron ore. Ferrexpo's operations have been supplying the global steel industry for over 50 years, and in 2022 the Group produced 6.1 million tonnes of iron ore pellets, despite the war in Ukraine. Historically, Ferrexpo has been the world's third largest exporter of pellets to the global steel industry, recently having a market share of approximately 9% in 2021. The Group has a global customer base comprising of premium steel mills around the world, which includes steel mills in Austria, Germany, Japan, South Korea, Taiwan, China, Slovakia, the Czech Republic, Turkey, Vietnam and America. For further information, please visit www.ferrexpo.com.