Material Fact
São Paulo, September 21, 2020 – Companhia Siderúrgica Nacional (“CSN” or “Company”) informs its shareholders and the market in general that, at a meeting held on September 18, 2020, the Company’s board of directors approved the new business plan of its subsidiary CSN Mineração SA (“CMIN”), in light of expansion projects to fully exploit the potential of its reserves and resources.
Accordingly, the Company authorized its directors to take the necessary measures to carry out an initial public offering of shares issued by CMIN, with the objective of financing part of CMIN’s business plan and create value to shareholders.
The Company updated its Reference Form with the approved business plan making it available on the CVM website at http: //www.cvm.gov.br/ and on the Company’s website at http://ri.csn.com.br/.
The Company will keep its shareholders and the market informed of any relevant updates in relation to the matters dealt with here through its usual channels for the disclosure of periodic and occasional information, namely, the CVM website (www.cvm.gov.br), B3 (www.b3.com.br) and the Company (http://ri.csn.com.br/).
This material fact is for information purposes only, under the terms of the legislation and regulations in force, and should not, under any circumstances, be considered and / or interpreted as, nor constituting, an investment recommendation or an offer to sell, or a solicitation or an offer to buy any securities in Brazil, the United States of America or any other jurisdiction.
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For further information, please contact:
Investor Relations
Marcelo Cunha Ribeiro
Investor Relations Executive Officer
Phone: (11) 3049-7585
invrel@csn.com.br
www.csn.com.br/ri
About CSN
CSN is a highly integrated company, with steel, mining, cement, logistics and energy businesses. The Company operates throughout the entire steel production chain, from the mining of iron ore to the production and sale of a diversified range of high value-added steel products. Thanks to its integrated production system and exemplary management, CSN’s production costs are among the lowest in the global steel sector.
