Companhia Siderúrgica Nacional S A : Notice to Shareholders - Dividends

COMPANHIA SIDERÚRGICA NACIONAL

Publicly Held Company

Corporate Taxpayer ID 33.042.730/0001-04

NIRE 35300396090

NOTICE TO SHAREHOLDERS

PAYMENT OF DIVIDENDS

Companhia Siderúrgica Nacional ("Company" or "CSN") informs its shareholders and the market in general that, on this date, the Board of Directors approved, in compliance with the art. 30 and 31 of its Bylaws and respecting the legal provisions, the distribution to shareholders of interim dividends of the profits reserve account, in the amount of BRL 1,564,114,553.54 (one billion five hundred and sixty-four million one hundred and fourteen thousand five hundred and fifty-three reais and fifty-four cents), corresponding to the amount of BRL 1.179490003008100 per share of the share capital outstanding on this date.

The declared interim dividends will be paid to shareholders resident in Brazil on December 02, 2022, without monetary update, in their banking households, such as provided to the depositary institution, Banco Bradesco S/A. Shareholders enrolled in the depositary institution, Banco Bradesco S/A, on November 25, 2022, are entitled to receive dividends, and from November 28, 2022, the shares will be traded ex-dividends.

In addition, in continuance to the Notice to Shareholders published on May 16, 2022, the second and last installment of dividends, declared at the Company's Annual General Meeting held on 04/29/2022, in the amount of BRL 452,235,758.72, corresponding to BRL 0.340797152645188 per share, will be available to Shareholders residing in Brazil as on December 02, 2022, in their banking households, such as provided to the depositary institution, Banco Bradesco S/A. The amount to be paid will be calculated and credited based on the position of shareholders on April 29, 2022, in accordance with the Notice to Shareholders of May 16, 2022.

Additional clarifications:

1- Shareholders who use the trust escrow will have their dividends credited according to the procedures adopted by the Stock Exchanges.

2- Shareholders whose registration does not include the registration of the CPF/CNPJ number or the indication of the "Bank/Agency/Current Account" will have their dividends credited within 3 (three) business days of due adjustment of their registrations in the branches of Banco Bradesco S/A, by completing the "Investor Registration Form", which will be sent by the agency to the Department of Shares and Custody.

3- Shareholder services locations: branches of Banco Bradesco S/A, specialized in the services of shareholders, during banking hours.

4- Dividends not claimed within 3 (three) years from the beginning date of payment will be prescribed and reverted in favor of the Company (Law 6,404/76, art. 287, item II, item A).

São Paulo, November 21, 2022.

Marcelo Cunha Ribeiro

Executive Director of Finance and Investor Relations