Amsterdam, 17 March 2017 (Regulated Information) --- The Supervisory Board of AMG Advanced Metallurgical Group N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") resolved during its meeting on March 17, 2017 to make the following changes to its composition.

At the Annual Meeting on May 4, 2017 in Amsterdam, the Supervisory Board will nominate for appointment by the General Meeting of Shareholders, Mrs. Suzanne Rich Folsom and Mr. Willem van Hassel as new (independent) Supervisory Board members. Mrs. Folsom is a United States citizen and currently serves as the General Counsel, Chief Compliance Officer and SVP-Government Affairs, and is a member of the Executive Team, at the United States Steel Corporation. Mr. van Hassel is a Dutch citizen, senior lawyer and Dutch corporate governance expert. Full details of the Agenda of the Annual Meeting and the CV's of Mrs. Folsom and Mr. van Hassel can be found on AMG's website as of March 23, 2017, when AMG will publish the Agenda of its Annual Meeting to be held on May 4, 2017 in Amsterdam.

Mr. Martin Hoyos, who has been a Supervisory Board member since 2009, and chaired the Audit Committee since 2013, has requested to step down at the end of his term in May 2017 in view of other priorities and is not available for re-appointment. The Supervisory Board wishes to thank Mr. Hoyos for his dedication and services and his leadership of the Audit Committee during the past four years, and wishes him well in his future endeavors.

Furthermore, Mr. Petteri Soininen has requested to step down after having served on the Supervisory Board since 2015. Mr. Soininen joined the Supervisory Board in 2015 as non-independent nominee of AMG's largest shareholder, RWC European Focus Master Inc. (RWC), after RWC had entered into a Relationship Agreement with AMG. The Relationship Agreement comes to an end after the General Meeting of Shareholders on May 4, 2017 and Mr. Soininen wishes to retire as a member of the Supervisory Board on that date. The Supervisory Board wishes to thank Mr. Soininen for his dedication and services and wishes him well in his future endeavors.

During the period that Messrs. Hoyos and Soininen were members of the Supervisory Board, AMG has made important strategic decisions which have been positively reflected in AMG's share price. The Supervisory Board is grateful for the services of Messrs. Hoyos and Soininen as members of the Supervisory Board and wishes to thank them for their valuable insights and contributions.

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).