Luxembourg, 8 May 2014 - The Annual and Extraordinary General Meetings of Shareholders of Aperam held today in Luxembourg approved all resolutions on the agenda by a large majority. 

50,764,058 shares, or 65.04% of the Company's share capital, were present or represented at the meetings. The results of the votes will be posted in due course on www.aperam.com:
http://www.aperam.com/ under "Investors and Shareholders" > "Shareholders' Meetings" > "8 May 2014 - Annual and Extraordinary General Meetings of Shareholders".

In particular, the shareholders approved the consolidated financial statements as of and for the fiscal year ended 31 December 2013. The shareholders also re-elected Ms. Laurence Mulliez and elected Mr. Joseph Greenwell as directors of Aperam for a term of three years each. In addition, the shareholders approved grants under the Performance Share Unit Plan in relation to 2014. Finally, the shareholders approved an increase in the Company's authorised share capital by an amount equal to 23.3% of its current issued share capital, both to be able to fulfill existing commitments under the Convertible and/or Exchangeable Bonds due 2020 and for the Company to have adequate flexibility going forward represented by 10% of the share capital in line with the Company's historical level of flexibility. 

About Aperam

Aperam is a global player in stainless, electrical and specialty steel, with operations in more than 30 countries. The business is organized in three divisions: Stainless & Electrical Steel, Services & Solutions and Alloys & Specialties.

Aperam has 2.5 million tonnes of flat stainless steel capacity in Brazil and Europe and is a leader in high value added niches - alloys and specialties. Aperam has a highly integrated distribution, processing and services network and a unique capability to produce stainless and specialty from low cost biomass (charcoal). Its industrial network is concentrated in six main plants located in Brazil, Belgium and France. Aperam has about 9,600 employees.

Aperam commits to operate in a responsible way with respect to health, safety and the well-being of its employees, contractors and the communities in which it operates. It is also committed to the sustainable management of the environment and of finite resources.

In 2013, Aperam had revenues of USD 5.1 billion and shipments of 1.73 million tonnes. 

For further information, please refer to our website at  www.aperam.com

Contacts

Corporate Communications / Jean Lasar: +352 27 36 27 27 
Investor Relations / Romain Grandsart: +352 27 36 27 36




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Source: Aperam via Globenewswire

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