Ternium S.A. at annual general meeting held on May 3, 2022 resolved (i) to approve a dividend, payable in U.S. dollars, on May 11, 2022, in the amount of USD 0.26 per share issued and outstanding (or USD 2.6 per ADS), being understood that the dividend approved pursuant to this resolution includes the Interim Dividend of $0.08 per share ($0.80 per ADS) paid on November 16, 2021, (ii) to authorize the Board of Directors to determine or amend, in its discretion, any of the terms and conditions of such dividend payment, including the applicable record date, (iii) that the aggregate amount of approximately USD 353 million (which is net of the Company's Treasury Shares) to be distributed as dividend in the amount of USD 0.18 per Share (or USD 1.8 per ADS) on May 11, 2022, be paid from the Company's retained earnings reserve, and (iv) that the loss of the year ended December 31, 2021, be absorbed by the Company's retained earnings account.