SID Companhia Siderurgica Nacional

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COMPANHIA SIDERÚRGICA NACIONAL

Publicly Held Company

Corporate Taxpayer’s ID (CNPJ/MF): 33.042.730/0001-04

Company Registry (NIRE): 35-3.0039609.0

 

 

MATERIAL FACT

 

Companhia Siderúrgica Nacional (“CSN” or “Company”) (B3: CSNA3; NYSE: SID), in accordance with the provisions of CVM Resolution No. 44/2021, as amended, informs its shareholders and the market in general, in reference to the Material Fact of July 29, 2022, which, on this date, the Company has concluded the acquisition, through its subsidiary Companhia Florestal do Brasil (“CFB”), of shares representing 66.23% (sixty-six integers and twenty-three hundredths percent) of the capital stock of Companhia Estadual de Geração de Energia Elétrica - CEEE-G ("CEEE-G" and "Acquisition of CEEE-G Shares"), for the total price of BRL 928,000,000.00 (nine hundred and twenty and eight million reais), owing to the fulfillment of conditions set forth in Public Notice No. 01/2022, referring to the auction bidding procedure, in which CFB was the winner. The Acquisition of CEEE-G Shares by CFB aims to support and strengthen the business expansion strategy of CSN and its subsidiaries, through investments in renewable energy, seeking self-sufficiency for greater competitiveness of its businesses.

 

São Paulo, October 21, 2022.

 

 

Marcelo Cunha Ribeiro

CFO and Investor Relations Officer

 

 

 

 

SIGNATURE

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: October 21, 2022

 

COMPANHIA SIDERÚRGICA NACIONAL
By:	/S/ Benjamin Steinbruch
	Benjamin Steinbruch Chief Executive Officer

 

By:	/S/ Marcelo Cunha Ribeiro
	Marcelo Cunha Ribeiro Chief Financial and Investor Relations Officer

 

 

 

 

FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

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