Gerdau S.A. announced that on November 6. 2023, the Board of Directors of Gerdau S.A. approved the payment of dividends in the amount of BRL 0.47 per share, equivalent to the amount of BRL 822.2 million, to be paid based on the results of the third quarter of 2023, in anticipation of the minimum mandatory dividend, as stipulated in the Bylaws. The payment will be made on December 13, 2023, based on shareholders of record on November 17, 2023, with ex-dividend date on November 20, 2023.