On April 3, 2024, Nilesh Undavia issued a statement seeking GrafTech International Ltd. shareholders support for the election of Nilesh Undavia at the Company?s upcoming annual meeting of stockholders, which is scheduled to be held on May 9, 2024. In the statement, Nilesh Undavia urges shareholders to vote the blue proxy card to add independent, large shareholder perspective to the Company Board. Nilesh Undavia also stated that the incumbent Board has destroyed enormous shareholder value while paying itself approx.

$7 million in Director Compensation since 2019. Nilesh Undavia stated that shareholders must act now to revive the Company.