Purchase of treasury shares announcement

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Barcelona, April 24, 2020. -In accordance with the provisions of article 227 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 INFORMATION

As a continuation of the relevant information number 14, published on February 11, 2020, the Company informs that, under the fifth program of repurchase of treasury shares, during the period between April 17 and 23, 2020, has carried out the purchase of 165,620 treasury shares.

Since the program began until yesterday, the Company has disbursed 8,735 thousand euros, an amount that completes the expected payout with a charge to the 2019 profit. Currently, the Company holds 3,944,584 treasury shares (3.76%).

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