Luxembourg May 4, 2016 -  The Annual General Meeting of Shareholders of Aperam held today in Luxembourg approved all resolutions on the agenda by a large majority. 53,309,251 shares, or 68.30% of the Company's share capital, were present or represented at the meeting. The results of the votes will be posted in due course on www.aperam.com under "Investors and Shareholders" > "Shareholders' Meetings" > "4 May 2016 - Annual General Meeting of Shareholders".


In particular, the shareholders:

  • approved the consolidated financial statements as of and for the fiscal year ended 31 December 2015,

  • re-elected Mr. Lakshmi N. Mittal, Mr. Romain Bausch, Mrs. Kathryn A. Matthews and Mr. Aditya Mittal as Members of the Board of Directors of Aperam for a term of three years, and

  • authorized grants of share based incentives under the Group's Long Term Incentive Plan covering Performance Share Unit ("PSU") grants for the Leadership Team and other retention based grants below the level of the Leadership Team.


About Aperam


Aperam is a global player in stainless, electrical and specialty steel, with customers in over 40 countries. The business is organized in three primary operating segments: Stainless & Electrical Steel, Services & Solutions and Alloys & Specialties.

Aperam has 2.5 million tonnes of flat Stainless and Electrical steel capacity in Brazil and Europe and is a leader in high value specialty products. 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 production facilities located in Brazil, Belgium and France.

In 2015, Aperam had sales of USD 4.7 billion and shipments of 1.89 million tonnes.

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



Contacts


Corporate Communications / Laurent Beauloye: +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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