Tranche Update on Ferro Corporation's Equity Buyback Plan announced on November 8, 2018.

Ferro Corporation is a producer of specialty materials. The Company's segments include Functional Coatings and Color Solutions. Its Functional Coatings segment performs specific functions in the manufacturing processes and end products of its customers, and Color Solutions segment provides aesthetic and performance characteristics to its customers? products. Its products are manufactured in approximately 48 facilities around the world. Its products include frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, dielectrics, electronic glasses, and other specialty coatings. The Company's products are used in the building and construction, automotive, electronics, industrial products, household furnishings, sanitary, packaging and appliance markets. It produces its products primarily in the Europe, Middle East and Africa (EMEA) region, the Americas region and the Asia Pacific region.