Amsterdam, 28 November 2018 (Regulated Information) --- AMG Advanced Metallurgical Group N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") is pleased to announce that effective 1 January 2019, the Company will change its organizational structure. This change will result in two new strategic operating divisions, AMG Technologies and AMG Critical Materials.

AMG's new operating division, AMG Technologies, will be comprised of AMG's existing Engineering and Titanium Alloys businesses and will be a reportable segment replacing AMG Engineering. AMG Critical Materials will consist of seven operating units, namely Vanadium, Superalloys, Tantalum & Lithium, Graphite, Silicon, Aluminum and Antimony.

Dr. Heinz Schimmelbusch, Chairman of the Management Board and CEO, said, "AMG Technologies brings together two industry leaders primarily serving the aerospace market, by combining AMG Engineering's expertise in metallurgical process design & development and AMG Titanium Alloys' industry-leading expertise in the development of metallurgical products, furnace operations, and quality assurance processes. In metallurgy, combining engineering and operational knowhow accelerates innovation."

Segment reporting will be adjusted as per 1 January 2019. AMG's proforma segmental information for AMG Technologies and AMG Critical Materials for 2018 is shown below:

Current Segmental Financial Data
($000's)	Q1 2018			Q2 2018			Q3 2018
	AMG Critical Materials	AMG Engineering	Total	AMG Critical Materials	AMG Engineering	Total	AMG Critical Materials	AMG Engineering	Total
Revenue	248,351	60,097	308,448	267,213	62,108	329,321	261,957	66,114	328,071
Gross Profit	51,922	18,196	70,118	62,151	17,010	79,161	61,455	18,100	79,555
EBITDA	37,076	7,404	44,480	45,252	5,497	50,749	52,139	6,977	59,116

New Segmental Financial Data (Pro Forma)
($000's)	Q1 2018			Q2 2018			Q3 2018
	AMG Critical Materials	AMG Technologies	Total	AMG Critical Materials	AMG Technologies	Total	AMG Critical Materials	AMG Technologies	Total
Revenue	208,525	99,923	308,448	223,788	105,533	329,321	219,650	108,421	328,071
Gross Profit	44,018	26,100	70,118	51,623	27,538	79,161	52,768	26,787	79,555
EBITDA	30,759	13,721	44,480	36,579	14,170	50,749	40,800	18,316	59,116

This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

This press release contains regulated information as defined in the Dutch Financial Markets Supervision Act (Wet op het financieel toezicht).

About AMG

AMG is a global critical materials company at the forefront of CO₂ reduction trends. AMG produces highly engineered specialty metals and mineral products and provides related vacuum furnace systems and services to the transportation, infrastructure, energy, and specialty metals & chemicals end markets.

AMG Critical Materials produces aluminum master alloys and powders, titanium alloys and coatings, ferrovanadium, natural graphite, chromium metal, antimony, lithium, tantalum, niobium and silicon metal. AMG Engineering designs, engineers, and produces advanced vacuum furnace systems and operates vacuum heat treatment facilities, primarily for the transportation and energy industries.

With approximately 3,300 employees, AMG operates globally with production facilities in Germany, the United Kingdom, France, the Czech Republic, the United States, China, Mexico, Brazil, India, Sri Lanka and Mozambique, and has sales and customer service offices in Russia and Japan (www.amg-nv.com).

For further information, please contact:
AMG Advanced Metallurgical Group N.V.         +1 610 293 5804
Steve Daniels
Senior Vice President
sdaniels@amg-nv.com

Disclaimer
Certain statements in this press release are not historical facts and are "forward looking".  Forward looking statements include statements concerning AMG's plans, expectations, projections, objectives, targets, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans and intentions relating to acquisitions, AMG's competitive strengths and weaknesses, plans or goals relating to forecasted production, reserves, financial position and future operations and development, AMG's business strategy and the trends AMG anticipates in the industries and the political and legal environment in which it operates and other information that is not historical information.  When used in this press release, the words "expects," "believes," "anticipates," "plans," "may," "will," "should," and similar expressions, and the negatives thereof, are intended to identify forward looking statements.  By their very nature, forward looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that the predictions, forecasts, projections and other forward looking statements will not be achieved.  These forward looking statements speak only as of the date of this press release.  AMG expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward looking statement contained herein to reflect any change in AMG's expectations with regard thereto or any change in events, conditions, or circumstances on which any forward looking statement is based.

Attachment

• AMG Strategic Segmental Realignment.pdf