Strong first quarter of 2026 with significant increase in earnings

• Encouraging performance across all operating divisions of the AMAG Group, with a positive contribution to earnings from the Canadian aluminium smelter interest Alouette
• Significant improvement in earnings achieved alongside a slight increase in revenue of +0.6% to EUR 403.8 million (Q1/2025: EUR 401.4 million)
• EBITDA increased to EUR 57.1 million (+23.9% compared to a strong Q1/2025: EUR 46.1 million)
• Net income after taxes rose to EUR 26.5 million (+63.8% compared to Q1/2025: EUR 16.2 million)
• Operating cash flow of EUR -8.4 million especially reflects a volume- and price-related increase in working capital (Q1/2025: EUR 51.1 million)
• Outlook for 2026: Positive development compared with the previous year anticipated across all AMAG divisions. EBITDA range of EUR 150 million to EUR 180 million for the full year 2026

Q1/2026 Presentation - 30.04.2026

Q1/2026 Investor information - 30.04.2026