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егамет Not for release , publication or distribution , directly or indirectly , in or into the United States , Canada , Australia , Japan or South Africa . Paris , 12th October 2026 , 07:00 p.m. PRESS RELEASE Eramet confirms its 2026 capital increase project , backed by the support of its reference shareholders and by a strategic invest- ment by the French State • . Confirmation of the intention to launch in Q4 2026 the € 500 million capital increase with Prefer- ential Subscription Rights ( " PSRS " ) announced in February 2026 A necessary transaction to restore the Group's financial position , strengthen its equity base , maintain compliance with its bank covenants and continue executing its strategy . Eramet is also pursuing the other two pillars of its funding plan : performance improvement ( in particular through ReSolution ) , and asset monetization . Agreement reached between the two reference shareholders on the terms of their participation in the rights issue Strategic decision by the French State to increase its stake in Eramet through a strategic invest- ment by the Agence des Participations de l'Etat ( “ APE ” ) , in line with its objectives to secure critical metals . Accordingly , as part of the transaction : The APE will subscribe for its pro - rata share ( 27.1 % of the share capital ) and purchase , depending on the transaction reference price , all or part of Sorame - CEIR's PSRS so that APE's effective voting rights at a General Meeting do not exceed 49 % ; Should the APE not purchase all of Sorame - CEIR's PSRS , Sorame - CEIR would then sub- scribe to the balance of the PSRS it received ; Sorame - CEIR would subsequently have the right to exercise a put option , while the APE would have the right to exercise a call option , over the new shares subscribed for by Sorame - CEIR in the rights issue . The Company's other shareholders , in particular the free - float , will be able to participate in the rights issue by exercising their PSRS during the subscription period² . Those who do not wish to participate may sell their PSRS on the market , notably allowing existing shareholders or new investors to acquire them and participate in the rights issue³ . Following its investment , the APE will become the Group's largest shareholder , confirming Era- met's strategic importance to French and European sovereignty in critical metals . Sorame - CEIR will become the second - largest shareholder . Christel Bories , Chair and Chief Executive Officer of Eramet : " This transaction , which is essential to secure the Group's financial sustainability , marks a major milestone for Eramet . It will enable us to execute in 2026 the capital increase announced in February as part of our funding plan . On behalf of the Board of Directors , I welcome the agreement reached by our two reference share- holders in the Group's best interests , as well as the French State's strategic decision to increase its equity stake in Eramet . We are taking a decisive step towards strengthening our future , pursuing our strategic roadmap and actively contributing to securing supplies of critical metals . " Roland Lescure , Minister for the Economy , Finance and Industrial , Energy and Digital Sover- eignty : Head office -10 , Boulevard de Grenelle – CS 63205 - 75015 Paris - www.eramet.com