Companhia Siderúrgica Nacional (BOVESPA:CSNA3) signed contract to acquire Metalgráfica Iguaçu S.A. (BOVESPA:MTIG4) on November 24, 2021. Under the agreement, Companhia Siderúrgica Nacional shall issue shares as consideration. Within 30 (thirty) days from the closing date of the transaction, the exchange ratio may be adjusted in accordance with the terms of the contract. Post completion, Companhia Siderúrgica Nacional shall make Metalgráfica Iguaçu S.A. it as a wholly owned subsidiary. The transaction needs to be submitted for approval by the shareholders of Companhia Siderúrgica Nacional and Metalgráfica Iguaçu S.A.

Companhia Siderúrgica Nacional (BOVESPA:CSNA3) completed the acquisition of Metalgráfica Iguaçu S.A. (BOVESPA:MTIG4) on November 25, 2021.