AMG TECHNOLOGIES CAPITAL MARKETS DAY JUNE 2019

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ENABLINGCO2 REDUCTIONAMG TECHNOLOGIESCAPITAL MARKETS DAY JUNE 2019AMG ADVANCED METALLURGICAL GROUP N.V.

AMG Business Segments4AMG Technologies Revenue Split5Financial Summary7AMG Technologies Global Footprint8AMG Technologies: Value Proposition9Health and Safety Focus23

CAUTIONARY NOTETHIS DOCUMENT CONTAINS PROPRIETARY INFORMATION AND IS BEING PROVIDED SOLELY FOR INFORMATION PURPOSES BY AMG ADVANCEDMETALLURGICAL GROUP N.V. (THE “COMPANY”) AND MAY NOT BE REPRODUCED IN ANY FORM OR FURTHER DISTRIBUTED TO ANY OTHER PERSON ORPUBLISHED, IN WHOLE OR IN PART, FOR ANY PURPOSE, EXCEPT WITH THE PRIOR WRITTEN CONSENT OF THE COMPANY. FAILURE TO COMPLY WITH THISRESTRICTION MAY CONSTITUTE A VIOLATION OF APPLICABLE SECURITIES LAWS.This presentation does not constitute or form part of, and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy or acquire securities of theCompany or any of its subsidiaries nor should it or any part of it, nor the fact of its distribution, form the basis of, or be relied on in connection with, any contract or commitmentwhatsoever.This presentation has been prepared by, and is the sole responsibility of, the Company. This document, any presentation made in conjunction herewith and anyaccompanying materials are for information only and are not a prospectus, offering circular or admission document. This presentation does not form a part of, and should notbe construed as, an offer, invitation or solicitation to subscribe for or purchase, or dispose of any of the securities of the companies mentioned in this presentation. Thesematerials do not constitute an offer of securities for sale in the United States or an invitation or an offer to the public or form of application to subscribe for securities. Neitherthis presentation nor anything contained herein shall form the basis of, or be relied on in connection with, any offer or commitment whatsoever. The information contained inthis presentation has not been independently verified. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness,accuracy or completeness of the information or the opinions contained herein. The Company and its advisors are under no obligation to update or keep current the informationcontained in this presentation. To the extent allowed by law, none of the Company or its affiliates, advisors or representatives accept any liability whatsoever (in negligence orotherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with the presentation.Certain statements in this presentation constitute forward-looking statements, including statements regarding the Company's financial position, business strategy, plans andobjectives of management for future operations. These statements, which contain the words "believe,” “expect,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “will,”“may,” “should” and similar expressions, reflect the beliefs and expectations of the management board of directors of the Company and are subject to risks and uncertaintiesthat may cause actual results to differ materially. These risks and uncertainties include, among other factors, the achievement of the anticipated levels of profitability, growth,cost and synergy of the Company’s recent acquisitions, the timely development and acceptance of new products, the impact of competitive pricing, the ability to obtainnecessary regulatory approvals, and the impact of general business and global economic conditions. These and other factors could adversely affect the outcome and financialeffects of the plans and events described herein.Neither the Company, nor any of its respective agents, employees or advisors intend or have any duty or obligation to supplement, amend, update or revise any of theforward-looking statements contained in this presentation.The information and opinions contained in this document are provided as at the date of this presentation and are subject to change without notice.This document has not been approved by any competent regulatory or supervisory authority.3

AMG BUSINESS SEGMENTSAMGCRITICAL MATERIALSAMGTECHNOLOGIESAMG’s conversion, mining,and recycling businessesAMG’s titanium alloys, vacuumsystems and services business Vanadium Vacuum Furnace Equipment Superalloys (Chrome) Titanium Products Aluminum (Master Alloys) Coating Materials Mineração (Tantalum & Lithium) Heat Treatment Services Antimony Graphite Silicon Metal70% TransportationRevenue byEnd Market15% Specialty Metals& Chemicals4% Infrastructure11% Energy4

AMG TECHNOLOGIES REVENUE SPLITAMG TechnologiesTitanium ProductsVacuum FurnaceEquipment30% ofrevenues52% ofrevenuesHeat TreatmentServices8% ofrevenuesCoating Materials10% ofrevenuesAMG Technologies is leading supplier of equipment, materials and services to the transportation sector (primarily aerospace)Note: Figures based on 2018 revenue split5

AMG TECHNOLOGIES REVENUE SPLITAMG TechnologiesTitanium ProductsVacuum FurnaceEquipmentHeat TreatmentServicesCoating MaterialsPREDOMINANTLY AEROSPACE30% ofrevenues52% ofrevenues8% ofrevenues10% ofrevenuesAMG Technologies is leading supplier of equipment, materials and services to the transportation sector (primarily aerospace)Note: Figures based on 2018 revenue split6

FINANCIAL SUMMARY – FY 2018 VERSUS FY 2017AMOUNTS IN USD MILLIONSFY 2018FY 2017% CHANGERevenue 436.8 367.819%Gross Profit 116.7 90.030%Gross Margin %26.7%24.5%2%EBITDA 67.5 45.548%Capital Expenditures 14.5 16.7(13%)Return On Capital Employed (ROCE)26.1% *29.8%(4%)Order Intake (Vacuum Furnaces Operations) 315.9 290.49%Order Backlog (Vacuum Furnaces Operations) 241.4 207.017%* IFRS 16 adjustments in 2018 results in lower ROCE due to capitalisation of operating leases7

AMG TECHNOLOGIES GLOBAL FOOTPRINTTotal headcount of approximately 1,350 staff employed across Europe, the USA, Mexico and Asia8

AMG TECHNOLOGIES – VALUE PROPOSITIONSTRONG END MARKETFUNDAMENTALSStrong aerospace market isdriving substantial growth forAMG Technologies, driven byboth new aircraft build ratesand new engine programsdesigned to improve fuelefficiency and reduce CO2emissions (i.e. LEAP engineplatform)INDUSTRY LEADINGTECHNOLOGY SOLUTIONSAND PRODUCTSAMG Technologies offersindustry leading technologysolutions from the air inlet tothe exhaust outlet of amodern aircraft engineEXISTING PRODUCTPORTFOLIO AND NEWINNOVATIONS PROVIDESIGNIFICANTOPPORTUNITIES FORFUTURE GROWTHAMG Technologies’ hasdeveloped market leadingpositions in a number of highgrowth aerospaceapplications, and continues todevelop innovative solutionsand products to drive futuregrowthAMG Technologies has achieved an EBITDA CAGR of 44% since 20159

STRONG END MARKET FUNDAMENTALSDRIVING FINANCIAL GROWTH 2015 - 2018REVENUEGROSS PROFIT (IN MILLIONS OF US DOLLARS)(IN MILLIONS OF US DOLLARS) 436.8 365.4 369.9 90.0 315.52015 116.7CAGR:11%2016ORDER INTAKE20172018 64.92015 74.52016CAGR:22%2017(IN MILLIONS OF US DOLLARS)AMG ENGINEERING ONLYEBITDA (IN MILLIONS OF US DOLLARS) 315.9 273.0 67.5 290.4BOOK TOBILL RATIOOF 1.22XIN 2018 249.1AMG ENGINEERINGONLY20152016201820172018 37.9 44.3CAGR:44% 22.8201520162017201810

STRONG END MARKET FUNDAMENTALSFORECAST NEW AIRCRAFT DELIVERIES: AIRBUS AND BOEING4,000Number of New Aircraft3,5003,780Source: THE AIRLINE MONITOR Volume 32 Number 1, February 20193,0002,5002,0001,8501,5001,000500-Underlying fundamentals point to continued growth in this critical endmarket11

STRONG END MARKET FUNDAMENTALSSUSTAINED GROWTH IN LEAP ENGINE PLATFORM THROUGH 2036Boeing and Airbusnew aircraft forecastas of October 2018results in a totaldemand for LEAP1A/B engines forsingle aisle aircraft ofapproximately 88,000units37,740 new airplanesSource:Airbus Global Market Forecast 2017 – 2036Boeing Current Market Outlook 2017 - 203612

STRONG END MARKET FUNDAMENTALSFORECAST ENGINE DELIVERIES: AIRBUS 320 NEO AND BOEING 737 MAX6,000Number of Engines5,000Source: THE AIRLINE MONITOR Volume 32 Number 1, February 20195,0404,0003,0002,3422,0001,000-Underlying fundamentals point to continued growth in this critical endmarket13

AMG TECHNOLOGIES – VALUE PROPOSITIONSTRONG END MARKETFUNDAMENTALSStrong aerospace market isdriving substantial growth forAMG Technologies, driven byboth new aircraft build ratesand new engine programsdesigned to improve fuelefficiency and reduce CO2emissions (i.e. LEAP engineplatform)INDUSTRY LEADINGTECHNOLOGY SOLUTIONSAND PRODUCTSAMG Technologies offersindustry leading technologysolutions from the air inlet tothe exhaust outlet of amodern aircraft engineEXISTING PRODUCTPORTFOLIO AND NEWINNOVATIONS PROVIDESIGNIFICANTOPPORTUNITIES FORFUTURE GROWTHAMG Technologies’ hasdeveloped market leadingpositions in a number of highgrowth aerospaceapplications, and continues todevelop innovative solutionsand products to drive futuregrowthAMG Technologies has achieved an EBITDA CAGR of 44% since 201514

INDUSTRY LEADING TECHNOLOGY SOLUTIONS AND PRODUCTSSELECT TECHNOLOGY HIGHLIGHTS Vacuum melting technologies Titanium Aluminides (world leader) Thermal barrier coaters (world leader) Master alloys for titanium alloys Ceramic matrix composite (CMC) fiber Master alloys for Ni-based superalloyscoaters Powder atomization machines (Ti & Nibased alloys) Physical vapor deposition (PVD) coatingmaterials Hydrogen storage alloys for fuel cells Heat treatment furnacesAMG Technologies offers technological solutions from the air inlet to the exhaust outlet of a modern aircraft engine15

INDUSTRY LEADING TECHNOLOGY SOLUTIONS AND PRODUCTSAMG TECHNOLOGIES IN THE LEAP ENGINECompressorApplicationsHigh-PressureTurbine &CombustionSectionLow-PressureTurbine Remelting Furnaces e.g. for Ti64 Atomization Furnaces for Plasma Spray Powder, HIP‘edand Forged Parts Master Alloys for Ti Base Alloys Plasma Melting Systems for Ti Base Alloys Equipment for CMC Shrouds EB-PVD Coaters for Thermal Barrier Coatings Hot Isothermal Forging Systems forSuperalloy Disks VIM Furnaces for Ni Base Superalloys Master Alloys for Ni Base Superalloys Hot Isothermal Forging Systems for Ni-based alloys Plasma Melting Systems for Titanium Aluminides VAR and VIM Furnaces for Titanium Aluminides Titanium Aluminide Feedstock for Blades16

INDUSTRY LEADING TECHNOLOGY SOLUTIONS AND PRODUCTSAMG IS THE GLOBAL LEADER IN TITANIUM ALUMINIDESTitanium Aluminide can replace Nickel based materials in thefinal stages of the low pressure turbine (LPT)As demonstrated below, two titanium aluminide blades on theright side of the scale weigh less, combined, than a singleNickel based alloy blade17

INDUSTRY LEADING TECHNOLOGY SOLUTIONS AND PRODUCTSTHERMAL BARRIER COATING REVOLUTIONSource: Wadley Research Group, University of Virginia, 201318

INDUSTRY LEADING TECHNOLOGY SOLUTIONS AND PRODUCTSTHERMAL BARRIER COATING (“TBC”)AMG is the Global Leader in TBC Technology, with 23 of the 24 advanced TBC systems inoperation globally developed by AMG19

AMG TECHNOLOGIES – VALUE PROPOSITIONSTRONG END MARKETFUNDAMENTALSStrong aerospace market isdriving substantial growth forAMG Technologies, driven byboth new aircraft build ratesand new engine programsdesigned to improve fuelefficiency and reduce CO2emissions (i.e. LEAP engineplatform)INDUSTRY LEADINGTECHNOLOGY SOLUTIONSAND PRODUCTSAMG Technologies offersindustry leading technologysolutions from the air inlet tothe exhaust outlet of amodern aircraft engineEXISTING PRODUCTPORTFOLIO AND NEWINNOVATIONS PROVIDESIGNIFICANTOPPORTUNITIES FORFUTURE GROWTHAMG Technologies’ hasdeveloped market leadingpositions in a number of highgrowth aerospaceapplications, and continues todevelop innovative solutionsand products to drive futuregrowthAMG Technologies has achieved an EBITDA CAGR of 44% since 201520

INNOVATIONS DRIVING FUTURE GROWTH– Ceramic Matrix Composite (CMC) fiber coater – development of nextgeneration aerospace coating technology, permitting higher turbinetemperatures while achieving significant weight reductions– Additive manufacturing – powder production and innovative 3D printingtechnology equipment, capable of producing larger components– FastCast – new, proprietary casting technology which significantlyimproves yield in the casting process (e.g. low pressure turbine blades foraero engines)21

FASTCAST IN OPERATION22

HEALTH AND SAFETY FOCUSSAFETY INDICATORSAt the end of Q1 2019, lost time incident rateand total incident rate were down 27% and33%, respectively, from Q1 2018.12 MONTHSENDINGLOST TIME INCIDENTSIN THE LAST 12 MONTHS12 MONTH AVERAGELOST TIME INCIDENT RATE12 MONTH AVERAGETOTAL INCIDENT RATEQ1 201890.911.41Q1 201970.660.94Rigorous commitmentto safety reflected incontinually improvingsafety records23

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CAPITAL MARKETS DAY JUNE 2019. AMG Business Segments 4 AMG Technologies Revenue Split 5 Financial Summary 7 AMG Technologies Global Footprint 8 AMG Technologies: Value Proposit

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