Gerdau Proposes Dividend of R$ 0.34 Per Share

• Gerdau's executive board met Oct. 23, 2026, referring interim financial information through Sept. 30 to the board of directors for consideration.
• Members unanimously proposed dividends of BRL 0.34 per common and preferred share for consideration by the board of directors.
• The proposed dividend would be credited Nov. 10, 2026, with payments starting Dec. 15, 2026.
• The payout totals BRL 666.97 million based on current outstanding shares; the amount will be recalculated using shares outstanding on the credit date.
• The distribution represents an advance on the mandatory minimum dividend for the current fiscal year.

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