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 compliance with the provisions of CVM Resolution No. 44/2021, as amended, hereby informs its shareholders and the market in general that, on this date, the transfer, by Centrais Elétricas Brasileiras S/A (“Eletrobras”), to Companhia Florestal do Brasil (“CFB”), a subsidiary of CSN, of shares representing 32.74% (thirty-two point seventy-five four percent) of the share capital of the Companhia Estadual de Geração de Energia Elétrica – CEEE-G (“CEEE-G”), for the amount of R$ 367,000,000.00 (three hundred and sixty-seven million reais). With the completion of said transfer, CFB now holds a total of 99% of the share capital of CEEE-G.

 

Such transfer took place as part of the payment negotiated in a court agreement entered into by the parties within the scope of the process in which the monetary restatement of book-entry credits of compulsory loan on electricity is discussed.

 

The other conditions of the agreement will not be disclosed, pursuant to article 6 of CVM Resolution 44, of August 23, 2011, with subsequent amendments.

 

São Paulo, December 22, 2022.

 

Marcelo Cunha Ribeiro

Executive Director of Finance and Investor Relations

 

 

 

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: December 22, 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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