GERDAU S.A. - CONSOLIDATED INFORMATION

PR Newswire

SÃO PAULO, April 28, 2025

SÃO PAULO, April 28, 2025 /PRNewswire/ -- 1Q25 Highlights

   -- Adjusted EBITDA (earnings before interest, taxes, depreciation and 
      amortization) of R$2.4 billion in the first quarter, in line with 4Q24. 
      The performance of the period was influenced by better results from the 
      North America operations, which offset the weaker performance in Brazil. 
 
   -- Investments (CAPEX) of R$1.4 billion in 1Q25, with 60% of this total 
      allocated to asset competitiveness. For 2025, the approved investment 
      plan projects R$6.0 billion in projects focused on maintenance and 
      competitiveness initiatives. 
 
   -- Dividend distribution in the amount of R$0.12 per share, equivalent to 
      R$243.5 million, to be paid based on 1Q25 results. 
 
   -- In 1Q25, the Company repurchased 9.4 million of shares of Gerdau S.A. 
      (NYSE: GGB, BM&Fbovespa: GGBR3, GGBR4), approximately 15.0% of the 2025 
      Share Buyback Program and 0.5% of the Company's outstanding shares. 
 
   -- Launch of the hot-rolled coil mill expansion at the Ouro Branco 
      industrial unit in Minas Gerais. With the start-up of the new rolling 
      mill, Gerdau adds 250,000 tonnes of hot-rolled coils, marking another 
      step in the Company's strategy to produce higher value-added steel in 
      Brazil. 

Additional information

Gerdau S.A. informs that it is filling today its 1Q25 results at the Securities and Exchange Commission $(SEC.UK)$ and at the Comissão de Valores Mobiliários $(CVM)$, which are available at Gerdau's website. To access this document, please click on: https://ri.gerdau.com/en/notices-and-results/results-center/.

The 1Q25 Valuation Guide is also available at Gerdau's website.

https://ri.gerdau.com/en/financial-information/valuation-guide/

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SOURCE Gerdau S.A.

(END) Dow Jones Newswires

April 28, 2025 20:07 ET (00:07 GMT)