Gerdau cancels 7 million shares without reducing capital

• Gerdau canceled 163,100 common shares (GGBR3) plus 6,975,000 preferred shares (GGBR4) with no par value.
• Share capital now totals 716,975,719 common shares, 1,261,042,330 preferred shares; no reduction in capital amount.
• The share buyback plan disclosed on Feb. 23, 2026 remains in place.

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