Pursuant to Rule 13a-16 or 15d-16 of the
São Paulo, SP, Brazil
04538-132
under cover Form 20-F or Form 40-F. Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____
COMPANHIA SIDERÚRGICA NACIONAL
Publicly-held Company Corporate
Taxpayer ID (CNPJ/ME) No. 33.042.730/0001-04
Company Registry (NIRE) No. 35-3.0039609.0
MATERIAL FACT
Companhia Siderúrgica Nacional (B3: CSNA3; NYSE: SID) (“CSN” or “Company”), following the market announcement dated October 16, 2024, hereby informs its shareholders and the market in general that, in a Board of Directors meeting held on November 5, 2024, the execution of a Share Purchase Agreement for the sale of 589,304,801 common shares issued by CSN Mineração (B3: CMIN3) (“CMIN”) held by the Company ("Shares") to Itochu Corporation (the “Transaction”), was approved. The price per share of R$ 7.50 (seven reais and fifty centavos) will be paid in cash by Itochu Corporation to CSN on the date of the transfer of the Shares, totaling a value of R$ 4,419,786,007.50.
The Transaction has already been approved by the Brazilian Administrative Council for Economic Defense (CADE). The Company estimates that the transfer of the Shares will take place on November 12, 2024. On the same date, the CMIN Shareholders' Agreement will be amended to bind the shares acquired by Itochu Corporation, without altering the rights of the parties in that agreement. Thus, CSN believes that CMIN’s governance and control structure will not be affected.
CSN commits to keeping its shareholders and the market in general duly informed about any relevant developments related to the Transaction, in accordance with applicable legislation.
São Paulo, November 6, 2024
Antonio Marco Campos Rabello
Chief Financial and Investor Relations Officer
Companhia Siderúrgica Nacional
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COMPANHIA SIDERÚRGICA NACIONAL | |
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By: |
/S/ Benjamin Steinbruch
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Benjamin Steinbruch
Chief Executive Officer | |
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By: |
/S/ Antonio Marco Campos Rabello
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Antonio Marco Campos Rabello
Chief Financial and Investor Relations Officer | |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.