GERDAU S.A.

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

Registry (NIRE): 35300520696

NOTICE TO THE MARKET

GERDAU S.A. (B3: GGBR / NYSE: GGB) ("Company" or "Gerdau") hereby informs its shareholders and the market that its Board of Directors, at a meeting held on this date, approved the establishment of a strategic partnership between Gerdau Next S.A. and Randon Serviços e Participações Ltda., with the same equity interest in the capital stock. The intention, initially, is to provide truck and semi-trailer rental services, in order to deliver solutions that meet the needs of cargo carriers or shippers ("Partnership"). Also on this date, Gerdau Next S.A. and Randon Serviços e Participações Ltda. signed the binding instruments that formalize the parties' intention to carry out the Partnership.

Investment in the Partnership will be R$ 250 million, with each partner contributing in proportion to its interest in the capital stock. In addition to the initial investment, the Partnership may seek other sources of funding.

The Partnership underlines the mission of Gerdau Next, the new business division of Gerdau, to diversify the business portfolio of Brazil's largest steelmaker in strategic segments and drive its operational strategy with a comprehensive ecosystem of mobility solutions.

Note that the formalization of the Partnership is subject to conditions precedent typical to operations of this nature, which include approval from antitrust authorities.

The Company will keep its shareholders and the market duly informed on the conclusion of the operation.

São Paulo, September 1, 2022.

Rafael Dorneles Japur

Executive Vice-President

Investor Relations Officer

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ABOUT GERDAU

With a history spanning 121 years, Gerdau is Brazil´s largest steel producer, one of the leading producers of long steel in the Amercas and of special steel in the world. In Brazil, it also produces flat steel and iron ore for its own use. It also has a new business division - Gerdau Next - focused on operations in steel-related segments. Guided by its purpose of empowering people who build the future, the company is present in nine countries and has over 36,000 direct and indirect employees in its operations. Gerdau is the largest recycling company in Latin America and uses scrap as an important input, 73% of the steel it produces comes from scrap. Every year, Gerdau transforms 11 million tonnes of scrap into a variety of steel products. The company is also the world's largest charcoal producer, with over 250,000 hectares of planted forests in the state of

Minas Gerais. As a result of its sustainable production matrix, Gerdau currently has one of the industry's lowest average greenhouse gas emissions (CO e), of 0.90t/CO e per tonne of steel, which is about half the global industry average of 1.89 t/CO e per tonne of steel (worldsteel). By 2031, Gerdau's carbon emissions will decline to 0.83 t/CO e per tonne of steel. Gerdau's shares are listed on the São Paulo (B3), New York (NYSE) and Madrid (Latibex) stock exchanges.

ABOUT RANDON COMPANIES

With more than 70 years of history, Randon Companies have achieved global presence and leadership in the semi-trailers, railcars, auto parts and services sectors. The organization is headquartered in the city of Caxias do Sul (RS), Brazil, has 29 industrial units and is present in more than 120 countries, always prioritizing proximity and trust with its audiences, valuing people and sustainable profit.

The company's purpose is to connect people and riches, to generate prosperity, and it does so through the companies Randon Implementos, Fras-le, Castertech, Suspensys, Master, JOST Brasil, CTR - Centro Tecnológico Randon, Randon Ventures, Conexo, RTS Industry, NIONE, Randon Consórcios, Randon Corretora de Seguros and Banco Randon. Randon Companies also work in social transformation with initiatives carried out by the Elisabetha Randon Institute and encourage scientific research and the search for new technological solutions through support to the Hercílio Randon Institute.

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Disclaimer

Gerdau SA published this content on 01 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 September 2022 02:14:04 UTC.