28.11.2018

Statement of the CEO: performance of Centravis under the martial law

To our Partners, Clients and Suppliers! With relation to recent events in Ukraine, we would like to inform you about the current situation in the Company and in Ukraine.

Situation in the Country

Political situation in Ukraine remains stable, Ukrainian lawmakers on Monday 26.11.2018 voted to introduce martial law for 30 days in the border areas with Russia. Martial law will enter into force at 09:00 local time (07:00 GMT) on Wednesday 28 November and will end on 27 December 2018. End of December 2018 we will update the info0rmation on the status of the situation.

IMPORTANT:

The martial law has been introduced not in the whole country, but just in some areas. Our mill in Nikopol is situated in the normal zone, where we do not have a martial law ruling. The airport Dnipro functions normally, the flights come in and go out per schedule, there is no danger for life or property.

Company Operation

Today the situation in the Company is stable, production is operating normally, orders are being shipped according to the schedule. Production process is fully provided with billets, all necessary consumables and utilities.

Crossing the Borders

There are no problems with transportation and border crossing by our trucks handling the products. Shipment process is stable. Any delays or fails due to martial law are not expected.

Starting from next week Centravis will keep you informed about the situation in the Country and the Company at our corporate website, which will be updated regularly.

Sincerely yours

Yuriy Atanasov

CEO

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