Company Announcements

Ferrexpo plc

18 October 2024

Recognition for Ferrexpo Humanitarian Fund

Ferrexpo is pleased to announce that it has been recognised for its Humanitarian Response efforts in Ukraine at the Global Good Awards 2024.

The independent Global Good Awards reward NGOs, charities, social enterprises and businesses from around the world that are "blazing the trail for purpose-driven sustainability". It was the first scheme in the world to be accredited as 'Outstanding' by the Awards Trust Mark, endorsing the scheme for the highest standards of ethical behaviour and transparency.

Ferrexpo has been awarded "Silver" in the "Humanitarian Response Champions" category.

In response to the humanitarian crisis following the full-scale invasion of Ukraine, Ferrexpo established a dedicated Ferrexpo Humanitarian Fund, which combined with its regular CSR activities, has spent over US$25 million supporting over 100 programmes and initiatives.

The Global Good Awards recognised the significant work and societal contribution of the Ferrexpo Humanitarian Fund for Ukraine, stating: "The Ferrexpo Humanitarian Fund was established in response to Russia's invasion of Ukraine, aiming to provide aid to employees, local communities, and displaced civilians. The project showcases Ferrexpo's commitment to social responsibility and solidarity with Ukraine during challenging times."

Photos: Ferrexpo certificate and awards ceremony

Ferrexpo's humanitarian support has evolved over time, initially focused on providing shelter, food and essentials to internally displaced people, ongoing support for colleagues serving in the Armed Forces of Ukraine, to supporting veterans' rehabilitation.

In addition, numerous employee and community initiatives supporting health, education, social and infrastructure needs have been undertaken, in addition to donations to national emergencies, such as the Kherson region in the aftermath of the Nova Kakhovka Dam explosion and Ohmatdyt National Specialised Children's Hospital.

Commenting on the award, Yuriy Khimich, Ferrexpo Group CSR Lead said:
"I am grateful that our humanitarian efforts have been recognised internationally as a "champion" at the Global Good Awards. When the full-scale invasion of Ukraine was launched, amid all the fear, we knew we could help and immediately set to work. Within days, I looked out of my office window and could see the first people passing by as they fled from the Eastern provinces. We were able to provide these people with shelter, food and medicines, and other needs.

As the war has progressed, we have adapted our efforts to the changing needs of society. This has included donations to national emergencies such as Kakhovka and Ohmatdyt, providing back packs and essentials for mobilised colleagues, working with community partners to rebuild infrastructure, building bomb shelters, and most lately, the establishment of a Veteran's rehabilitation programme. So much has been achieved by the whole of Ferrexpo. I am honoured that we have made a meaningful difference. We will continue to do so."

Commenting on the award, Natalie Polischuk, Board Member of Ferrexpo plc and
Chair of the Board Health, Safety, Environment and Communities Committee said:

"I would like to share my heart felt appreciation for all Ferrexpo colleagues for their tremendous commitment to supporting the many humanitarian endeavours that are providing a positive social impact in our communities and across Ukraine.

As the scale of our humanitarian support increased, we formalised all the various activities with the establishment of the 'Ferrexpo Humanitarian Fund'. Under the direction of the Board, the fund will continue to provide invaluable support."

Contact:

For further information, please contact:

About Ferrexpo:

About Ferrexpo: Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine and a listing in the equity shares commercial companies category on the London Stock Exchange (ticker FXPO) and a constituent of the FTSE All-Share index. The Group produces high grade iron ore pellets, which are a premium product for the global steel industry and enable reduced carbon emissions and increased productivity for steelmakers when converted into steel, compared to more commonly traded forms of iron ore. Ferrexpo's operations have been supplying the global steel industry for over 50 years. Before Russia's full-scale invasion of Ukraine in February 2022, the Group was the world's third largest exporter of pellets. The Group has a global customer base comprising of premium steel mills around the world. For further information, please visit www.ferrexpo.com.