ANNUAL REPORT 2020

Železiarne Podbrezová a.s. ANNUAL REPORT 2020 INTRODUCTION OF THE CHAIRMAN OF THE BOARD OF DIRECTORS .................................................................... 2 COMPANY INFORMATION .................................................................... 4 Board of directors .................................................................... 4 Supervisory board .................................................................... 6 Key information .................................................................... 7 Key financial indicators .................................................................... 8 Production and sales .................................................................... 10 REPORT BY THE BOARD OF DIRECTORS .................................................................... 12 Business activities .................................................................... 14 Environmental policy .................................................................... 18 Human resources .................................................................... 18 Report on assets and financial management .................................................................... 22 Report on the activities of consolidated entities .................................................................... 28 Business plan .................................................................... 36 Conclusion .................................................................... 38 INFORMATION FOR SHAREHOLDERS .................................................................... 40 REPORT ON THE ACTIVITIES OF THE SUPERVISORY BOARD .................................................................... 42 CONSOLIDATED FINANCIAL STATEMENTS .................................................................... 44 CONTACTS .................................................................... 70 TABLE OF CONTENTS

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