CSN(SID) - 2023 Q1 - Quarterly Report

Dividends and Financial Distribution - Companhia Siderúrgica Nacional (CSN) will distribute dividends amounting to BRL 2,314,000,000.00 at the AGM 2023, which includes interest on equity and dividends declared by the Board of Directors[7]. - The parties involved have committed to vote in favor of the dividend approval at the AGM 2023[13]. Shareholding Structure - Vicunha Aços holds 543,617,803 common shares in CSN, representing 40.99% of its capital stock, while CFL Ana holds 135,904,451 common shares, representing 10.25%[6]. - The ownership structure post-transaction includes Rio Iaco Participações S.A. holding 45,706,242 common shares, representing 3.45% of CSN's capital stock[6]. Shareholders' Agreement and Corporate Restructuring - The Shareholders' Agreement between Vicunha Aços and CFL Ana has a fixed term of 10 years, with specific rules regarding share sales and voting rights[6]. - The restructuring agreement concluded between CFL and Rio Purus aims to eliminate corporate relationships and legal disputes related to CSN[11]. - The transaction results in the removal of CFL from the structure of Vicunha Aços, which will now be solely held by Rio Purus[12]. - The agreement anticipates improved harmony in shareholder control following the resolution of disputes between Rio Purus and CFL[15]. - The transaction was finalized after fulfilling all precedent conditions as outlined in previous communications[10]. Transparency and Investor Relations - CSN's investor relations website provides access to the Shareholders' Agreement and related documents for transparency[14].