GRUPO SIMEC (NYSE: SIM) ANNOUNCES A SPILL OF LIQUID STEEL, OCTOBER 30, 2024

Core Points - A liquid steel spill occurred at Grupo Simec's plant in Apizaco, Tlaxcala, resulting in loss of human lives and temporarily halting operations [1] - The company expresses deep regret over the incident and is currently investigating the causes of the accident [1] Company Impact - The incident has led to a temporary paralysis of operations at the affected plant, which may impact production and financial performance in the short term [1] - The loss of employees is a significant concern for the company, potentially affecting employee morale and public perception [1]