Limited attack on power infrastructure

Ferrexpo plc (LSE: FXPO) regrets to announce that following attacks on Ukrainian energy infrastructure early on Saturday 8 November 2025, the supply of power to its operations has been affected and as a result production and exports will be interrupted.

There are no reports of fatalities or injuries.

Background

In recent months, an increase in the frequency and intensity of attacks targeting Ukrainian energy generation and transmission infrastructure has been observed. During the early hours of Saturday 8 November 2025, missiles hit energy transmission targets in Horishni Plavni, the mining city where Ferrexpo is situated, and the larger nearby industrial city of Kremenchuk.

Following the attacks the supply of power was cut to the city of Horishni Plavni and operations at the Group's subsidiaries, Ferrexpo Poltava Mining ("FPM") and Ferrexpo Yeristovo Mining ("FYM") were suspended.

Impact on production and exports

In preparation for such events, the Group has established stocks of intermediary non-finished and finished iron ore products on site and at other locations to minimise disruption to its production cycle and exports.

Over the weekend, a limited amount of power has been restored to FPM and FYM and parts of the processing plant are once again operational. Efforts continue to restore power and production capacity.

An update will be provided as and when appropriate.