Sidenor Corporate Report 2019

Throughout its history, Sidenor has always been a Company that stands out - not only because of what it does, but because of how it does it. And one year again, we have further worked along these lines, maintaining the efforts, enthusiasm and commitment which make us a leading special steel production company recognised worldwide. During 2019, we went on investing in the modernisation of our installations. These investments started in 2017, the combination of which will come to light by the end of 2020, aim at putting Sidenor at the forefront of the Iron and Steel Industry thanks to our commitment to technological development and our focus on the automation of our processes, the traceability of our products and the implementation of Industry 4.0 criteria. Innovation is a key factor for competitiveness, a tool which is integrated in our daily management in order to improve all our processes. We endeavour to ensure that the innovative drive is transmitted from the top of the Company to all shifts of the organisation, so that innovation might be a responsibility of all people who are part of Sidenor and cross the Company transversally. We want innovation to be part of our culture and to characterise our way to work. In addition, we continue to promote, as the central pillars of our activity, two words whose writing includes Sidenor’s “S” - the Safety of all people who work in our installations and the Sustainability of all our processes -, by continuously improving our management systems in order to move closer to the “zero” objective. Zero accidents. Zero waste. Ultimately, in 2019 we continued our investment effort started in the previous years, and we want its results to be reflected in the best service possible to our customers and in an increasingly positive impact on society, being a reference in our environment and fostering concepts such as innovation, sustainability and responsibility in all areas where we develop our activities. 5 WE ARE PREPARING FOR THE FUTURE BY INVESTING IN INNOVATION Our objective is to put Sidenor at the forefront of iron and steel industry