Ternium's Steel Market and Financial Performance

Argentina Third largest steel market in Latin America with a developed industrial sector Significant industrial sector representing 48% of steel shipments in Argentina ■ Focus on value added products and services: Service center network ■ Short notice delivery and just-in-time agreements ■ Customer digital connectivity ■ Joint product research and development projects with our value chain (mainly white goods, transportation and renewable energy) Steel shipments by sector (2022) Commercial; 52% Automotive; 10% Agribusiness; 9% Canning; 6% White goods; 6% Oil & gas; 6% Other industrial; 11% Ternium | May 2023 20 20

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