COMPANHIA SIDERÚRGICA NACIONAL

Publicly Held Company

Corporate Taxpayer's ID (CNPJ/ME): 33.042.730/0001-04

Company Registry (NIRE): 35-3.0039609.0

MATERIAL FACT

Companhia Siderúrgica Nacional ("CSN" or "Company") hereby informs its shareholders and the market in general that, CSN Cimentos S.A., a privately held company controlled by CSN that concentrates the group's cement manufacturing and sale operations ("CSN Cimentos"), has entered, on June 29th 2021, into an Agreement for Investment, Purchase and Sale of Ownership Units and Shares and Other Covenants whereby it intents to acquire control of Elizabeth Cimentos S.A. and Elizabeth Mineração Ltda. ("Operation"), one of the most modern plants in the county, with a significant presence in the Northeast regions, especially in Paraíba and Pernambuco states ("Transaction").

The Transaction is worth R$1.08 billion and involves cash payment, capital contribution and assumption of debt. The closing of the Transaction is subject to the usual conditions precedent in transactions of this nature, including approval by antitrust authorities.

The acquisition of the above-mentioned companies adds 1.3 million tons per year ("MTPY") to CSN Cimentos' production capacity through modern equipment and substantial high-quality limestone reserves. Important operational, logistics, management and commercial synergies are expected, with room for product mix improvement and customer base expansion.

This move is in line with CSN Cimentos' growth strategy amid recovery in cement consumption in Brazil, demonstrating the company's capacity to play a leading role in the consolidation of the sector. With the closing of the transaction, CSN Cimentos will have a total capacity of 6.0 MTPY and a growing presence in the national territory as an important and low-cost producer.

The Company will keep its shareholders and the market in general duly informed of the developments of the Transaction, in accordance with the applicable legislation.

São Paulo, June 30, 2021.

COMPANHIA SIDERÚRGICA NACIONAL

Marcelo Cunha Ribeiro

Chief Financial and Investor Relations Officer

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CSN - Companhia Siderúrgica Nacional published this content on 30 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2021 11:32:06 UTC.