Investor Presentaiton

• Experienced management team Senior management team delivering results through long-standing industry expertise, entrepreneurial spirit and focus on operational excellence as well as governance and compliance processes Javier Molina CEO CEO since 2000 Leading Befesa for >20 years • • Wolf Lehmann CFO; incl. responsibilities for operational excellence & IT CFO since 2014 20+ years in finance & operational leadership roles, 50/50 General Electric / PE Key achievements / track record Extensive experience in steel and aluminium recycling business, incl. managing through the cycle Strong performance results through focus on operational excellence Building strong business foundation of ESG, compliance and health & safety processes Asier Zarraonandia Vice-president Steel Dust Recycling Services 15+ years with Befesa Running Befesa's Steel Dust business for >15 years Federico Barredo Vice-president Aluminium Salt Slags Recycling Services 25+ years with Befesa Running Befesa's Aluminium Salt Slags business for >20 years Successful international expansion Track record of successful acquisitions and turnarounds, e.g., BUS, Agor, Alcasa, Hankook, Silvermet, AZR Experience in developing greenfield projects, e.g., Gravelines, South Korea, Bernburg, China 12 Company Presentation - April 2022 BEFESA

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