Announcement of CSN Resources S.A.'s Pricing of US$850 Million of 4.625% Notes Due 2031

São Paulo, June 4, 2021 - Companhia Siderúrgica Nacional ('CSN') (NYSE: SID) announced today that its Luxembourg finance subsidiary, CSN Resources S.A., priced, on June 3, 2021, an offering of US$850 million in aggregate principal amount of 4.625% notes due 2031 (the 'Notes'), guaranteed by CSN, at an issue price of 100.000% of principal amount plus accrued interest, offered pursuant to exemptions from registration under Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act').

CSN intends to use the net proceeds from the offering to purchase notes that are tendered in connection with the concurrent tender offer for its outstanding 7.625% senior unsecured guaranteed notes due 2023, subject to the concurrent tender offer's terms and conditions, and for general corporate purposes, including liability management transactions.

When issued, the Notes will not have been registered under the Securities Act or state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes or any other securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale is unlawful. Any offers of the Notes will be made only by means of a private offering memorandum.

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future, and, accordingly, such results may differ from those expressed in any forward-looking statements.

COMPANHIA SIDERÚRGICA NACIONAL

Marcelo Cunha Ribeiro

Chief Financial and Investor Relations Officer

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CSN - Companhia Siderúrgica Nacional published this content on 04 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 June 2021 14:06:05 UTC.