Gerdau S A : Board of Directors - Minutes

GERDAU S.A.

Corporate Taxpayer ID (CNPJ): 33.611.500/0001-19

Company Registry (NIRE): 35300520696

Publicly Held Company

MINUTES OF THE BOARD OF DIRECTORS MEETING HELD ON FEBRUARY 28, 2023, AT 10:15 A.M., AT THE REGISTERED OFFICE LOCATED AT AVENIDA DOUTORA RUTH CARDOSO, 8.501, 8º ANDAR, CONJUNTO 2, PINHEIROS, IN THE CITY AND STATE OF SÃO PAULO.

1. The meeting was attended by all the directors, pursuant to the Charter, and by the Audit Committee, and was presided over by Guilherme Chagas Gerdau Johannpeter, with Fábio Eduardo de Pieri Spina acting as secretary.
2. The Board of Directors, in accordance with the laws in force and the Bylaws, after examining the Management Report and the respective Financial Statements for the fiscal year ended December 31, 2022, unanimously resolved to approve, without the vote of those legally impeded from voting, the Management Report and the respective Financial Statements, recommending their approval by the Annual Shareholders Meeting.
3. No other issue was addressed. Signatures:Guilherme Chagas Gerdau Johannpeter (Chairman). André Bier Gerdau Johannpeter and Claudio Johannpeter (Vice Chairmen). Gustavo Werneck da Cunha, Claudia Sender Ramirez, Augusto Braúna Pinheiro and Alberto Fernandes (Directors). Fábio Eduardo de Pieri Spina (Secretary).

This is a free translation of the original minutes filed in the company's records.

São Paulo, February 28, 2023.

Fábio Eduardo de Pieri Spina

Secretary

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