CMC Commercial Metals Company

On November 22, 2016, the Board of Directors of Commercial Metals Company (the “ Company ”) notified Barbara R. Smith that, effective January 11, 2017, she will assume the role of President of the Company, succeeding Joseph Alvarado who will remain Chief Executive Officer of the Company. Ms. Smith’s role as President will be in addition to her current role as Chief Operating Officer.

On November 28, 2016, in connection with Ms. Smith’s appointment as President of the Company, Ms. Smith and the Company entered into that certain Third Amendment to Terms and Conditions of Employment, dated as of May 3, 2011, as previously amended as of May 29, 2015 and January 18, 2016 (the “ Third Amendment ”). The Third Amendment, which becomes effective on January 11, 2017, provides for, among other things, the following: (i) the effective date of Ms. Smith’s new position, (ii) Ms. Smith’s new title and (iii) an increase in Ms. Smith’s minimum annual base salary from $650,000 to $800,000.

In addition, a one-time grant will be made to Ms. Smith, effective January 11, 2017, under the Commercial Metals Company 2013 Long-Term Equity Incentive Plan (the “ Plan ”) to reflect an increase in Ms. Smith’s long-term incentive opportunity that is commensurate with her new position. As part of the one-time grant, Ms. Smith will receive a restricted stock unit award valued at $437,500 as of the grant date of January 11, 2017 (the “ Grant Date ”) and a one-time performance stock unit award with a target value of $437,500 as of the Grant Date. One-third of the restricted stock units will vest on each of January 11, 2018, January 11, 2019 and January 11, 2020 so long as Ms. Smith remains employed by the Company on such date and certain other conditions are satisfied, and such restricted stock units will be settled in shares of Company common stock. The performance-vested stock units will vest at the end of a multi-year performance period, which will begin on January 1, 2017 and will end on August 31, 2019, so long as Ms. Smith remains employed by the Company through such date and certain other conditions are satisfied, and the performance-vested stock units will be settled in shares of Company common stock.

There are no arrangements or understandings between Ms. Smith and any other persons pursuant to which Ms. Smith was named President and Chief Operating Officer of the Company. Ms. Smith does not have any family relationship with any of the Company’s directors or executive officers or any persons nominated or chosen by the Company to be a director or executive officer. Ms. Smith does not have any direct or indirect material interest in any transaction or proposed transaction required to be reported under Item 404(a) of Regulation S-K or Item 5.02(c) of Form 8-K.

The foregoing description of the Third Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Third Amendment, which is attached hereto as Exhibit 99.1 and incorporated herein by reference.