Q1 2022 & FY 2021 Results

SALES Million dollars Q1-22 Q1-21 Var 2021 2020 Var Consolidated 206.9 178.8 15.7% 1,038.8 937.8 10.8% U.S. 135.4 112.3 20.6% 750.4 693.1 8.3% Mexico 71.4 66.4 7.5% 288.4 244.6 17.9% GCC U.S. SALES Performance and market conditions were better than expected Efforts focused on building up inventory Customers are significantly more concerned about ensuring uninterrupted supply The most dynamic market segments during the quarter were industrial warehouse construction and the oil gas sector MEXICO SALES Double-digit price increase in Mexico effective in January 2022 Customers built up inventory in December 2021 Mexico sales during the quarter were primarily driven by demand related to industrial warehouse construction, commercial and housing projects and strong mining activity Exluding the FX effect, Mexico's sales would have increased by 8.6% Percentage changes are based on actual results, before rounding 45 49

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