In the fourth quarter of 2025 Ternium generated Adjusted EBITDA of $395 million, down slightly sequentially due to lower realized steel prices offset by reduced raw material costs and efficiency gains. Net income was $171 million, including $94 million of deferred tax gains, while operating cash flow funded a $177 million interim dividend, $112 million of in‐kind minority dividends and $463 million of investment in the Pesquería expansion, leaving net cash at $712 million.

For the full year, Adjusted EBITDA declined to $1.5 billion with a 10% margin as steel prices and shipments dropped in Mexico and U.S. markets, partially offset by cost reductions and efficiency plans. Net income totaled $303 million after a $405 million deferred tax asset write-down at Usiminas and a $117 million litigation provision update, while dividends paid reached $530 million and capital expenditures peaked at $2.5 billion, largely funding Pesquería.

Ternium’s board has proposed an annual dividend of $2.70 per ADS, including the $0.90 interim payout, representing a 6% yield, payable on May 15, 2026. Ternium expects Q1 2026 Adjusted EBITDA to rise versus Q4, driven by higher shipments in Mexico and Brazil, improved revenue per ton and cost discipline, supported by recent tariff measures in both markets.