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Purchase of treasury shares announcement

Barcelona, February 5, 2019. - In accordance with the provisions of article 228 of Royal Legislative Decree 4/2015, of October 23, which approves the revised text of the Securities Market Law, Ercros, S.A. (hereinafter, "the Company"), by means of this letter, communicates the following

RELEVANT EVENT

As a continuation of the relevant event number 266,852, published on June 15, 2018, the Company reports that, under the fourth share repurchase program to amortize, during the period between January 25 and February 4, 2019, has carried out the purchase of 84,000 treasury shares. Within the framework of this fourth program, between July 9 and February 4, 2019, the Company has acquired 1,390,802 treasury shares.

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Ercros guarantees that the relevant events that appear on this website correspond exactly to those sent to the CNMV by the company and disseminated by that organisation. The relevant events preceding those included in this section are available on the website of the CNMV.

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