NanoXplore Bolsters its Leadership with Graphene Supply and Distribution Agreement with Gerdau Graphene LTDA - Seite 2

About Gerdau, a 120-year-old company

Gerdau is Brazil's largest steel producer, one of the leading producers of long steel in the Americas and of special steel in the world. In Brazil, it also produces flat steel and iron ore for its own consumption. In January this year, it completed 120 years of a history marked by strength, and contribution to the development and legacy for a society in constant evolution. Guided by its proposition to empower people who build the future, the company is present in 10 countries and has over 30,000 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. Gerdau's shares are listed on the São Paulo (B3), New York (NYSE) and Madrid (Latibex) stock exchanges.

About Gerdau Graphene

Gerdau Graphene is a company launched by Gerdau through Gerdau Next, its new business arm. In 2021, Gerdau Graphene started to focus on the production, development and sale of products based on graphene applications, in Brazil and the Americas, in order to generate more value for its products and customers based on the mechanical properties offered by the nanomaterial. To learn more, visit www.gerdau.com.br/graphene.

Forward-looking Statements

This press release contains forward-looking statements. All forward-looking statements are based on our beliefs as well as assumptions based on information available at the time the assumption was made and on management’s experience and perception of historical trends, current conditions and expected future developments, as well as other factors, deemed appropriate in the circumstances. No assurance can be given that these assumptions and expectations will prove to be correct. Forward-looking statements are not facts, but only predictions and can generally be identified by the use of statements that include phrases such as “anticipate”, “believe”, “continue”, “could”, “estimate”, “foresee”, “grow”, “expect”, “plan”, “intend”, “forecast”, “future”, “guidance”, “may”, “predict”, “project”, “should”, “strategy”, “target”, “will” or similar expressions suggesting future outcomes.