GERDAU S.A.

CNPJ/MF nº 33.611.500/0001-19

NIRE: 35300520696

COMUNICADO AO MERCADO

A GERDAU S.A. (B3: GGBR / NYSE: GGB) ("Companhia") comunica que as controladas, Gerdau Holdings Inc. ("GHI") e a GTL Trade Finance Inc. ("GTL"), foram autorizadas a negociar todas as condições, celebrar todos os documentos e seus eventuais aditamentos, bem como a praticar todos os atos necessários para o resgate da totalidade dos Bonds emitidos conjuntamente, com o valor principal atual de US$ 158,759,000.00, juros de 5,893% e vencimento em 2024.

O direito ao resgate (Right of Redemption), também conhecido como "Make-Whole", tem suas condições estabelecidas no item 3.1. e seguintes da Indenture. A Companhia ressalta ainda que os bondholders foram notificados sobre o acionamento do resgate na última sexta-feira, 08 de abril de 2022, e que a liquidação da operação está prevista para

  • o dia 10 de maio de 2022.

São Paulo, 11 de abril de 2022.

Rafael Dorneles Japur

Vice-Presidente Executivo Diretor de Relações com Investidores

GERDAU S.A.

Tax ID (CNPJ/ME) 33.611.500/0001-19

Registry (NIRE): 35300520696

NOTICE TO THE MARKET

A GERDAU S.A. (B3: GGBR / NYSE: GGB) ("Company") informs that its subsidiaries, Gerdau Holdings Inc. ("GHI") and GTL Trade Finance Inc. ("GTL"), were authorized to negotiate all conditions, to execute all documents and any amendments and to practice all acts required for the redemption of 100% of the Bonds they issued jointly, with principal amount of US$ 158,759,000.00, interest of 5.893% and maturity in 2024.

The Right of Redemption, also known as "Make-Whole", has its conditions established in item 3.1. and following from Indenture. The Company further informs that its bondholders have been notified of said redemption last Friday, April 8, 2022, and that the settlement of the transaction is scheduled for May 10, 2022.

São Paulo, April 11, 2022.

Rafael Dorneles Japur Executive Vice-President Investor Relations Officer

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Gerdau SA published this content on 11 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 April 2022 11:50:01 UTC.