Ternium's Steel Market and Financial Performance

Historical Performance EBITDA and Net Income Consolidated Shipments (million tons) ■Slabs 13.0 12.5 12.1 11.4 -2% 2.9 3.1 1.6 11.9 0.8 2.3 2018 2019 2020 Adjusted Ebitda ($ million) and Adjusted Ebitda Margin (% of net sales) 24% 17% 15% 2,698 1,526 1,525 36% 5,863 21% 3,415 2021 2022 2018 2019 2020 2021 2022 Annual Dividends ($ per ADS) Net Income and Earnings per ADS ■Net Income ($ million) ▲ Earnings per ADS 19.49 9.00 1.20 7.67 3.97 2.87 4,367 2,093 2.60 2.70 2.10 1,662 630 868 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 Ternium | May 2023 37

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