GRUPO SIMEC ANNOUNCES AGREEMENT WITH VOTORANTIM, S.A. TO ACQUIRE ACERBRAG, S.A.

(NYSE:SIM) Grupo Simec, S.A.B. de C.V. announced that it has reached an agreement with Votorantim, S.A. to acquire 100% of the share capital of Acerbrag S.A., a steel company located in Bragado, Buenos Aires, Argentina. The acquisition will be funded using Grupo Simec's own funds. Acerbrag S.A. is currently owned by Votorantim S.A. and has more than 60 years of experience in the production of long steel products. Acerbrag operates modern industrial facilities, including steelmaking and rolling operations. The company's products primarily serve the industrial, construction, and agribusiness sectors in Argentina. Grupo Simec stated that this transaction represents a strategic step in its growth and international expansion plans, enabling it to strengthen its presence in South America. The addition of Acerbrag will allow Grupo Simec to increase its production capacity and generate operational and commercial synergies. Grupo Simec emphasized its continued focus on operational efficiency, financial discipline, and business development to strengthen its competitiveness in its markets. The transaction is subject to the satisfaction of customary closing conditions, including applicable regulatory approvals.

GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE FIRST NINE MONTHS OF 2026.

(NYSE:SIM) Grupo Simec, S.A.B. de C.V. reported its results of operations for the nine-month period ended September 30, 2026. Net sales increased 10% from Ps. 22,320 million in the first nine months of 2025 to Ps. 24,569 million in the same period of 2026, driven by a 14% increase in shipments of finished steel products and a 4% lower average sales price. Shipments of finished steel products rose to 1,597 thousand tons in the first nine months of 2026 compared to 1,400 thousand tons in 2025. Total sales outside Mexico increased 9% to Ps. 10,588 million, while sales in Mexico increased 11% to Ps. 13,981 million. Cost of sales increased 10% to Ps. 18,636 million, representing 76% of net sales in both periods. Gross profit was Ps. 5,933 million, up from Ps. 5,427 million, representing 24% of net sales. Selling, general and administrative expenses increased 9% to Ps. 2,219 million, or 9% of net sales. Other net income was Ps. 86 million, down from Ps. 393 million. Operating income increased slightly to Ps. 3,800 million, representing 15% of net sales in 2026 versus 17% in 2025. EBITDA increased 3% to Ps. 4,724 million. Net income controlling interest rose 428% to Ps. 4,028 million, mainly due to a net exchange loss of Ps. 3,050 million in 2025 turning into a net exchange profit of Ps. 280 million in 2026. As of September 30, 2026, total consolidated debt consisted of U.S. $302,000 of 8 7/8% medium-term notes due 1998 and Ps. 5.5 million, with accrued interest of U.S. $891 thousand or Ps. 16.1 million. In the third quarter of 2026, net sales increased 3% to Ps. 8,383 million compared to the second quarter, with sales in tons up 7% to 551 thousand tons. Total sales outside Mexico increased 16% to Ps. 3,863 million, while sales in Mexico decreased 6% to Ps. 4,520 million. Cost of sales increased to Ps. 6,622 million, representing 79% of net sales. Gross profit decreased 14% to Ps. 1,761 million. Selling, general and administrative expenses increased 5% to Ps. 773 million. Other net income was Ps. 50 million. Operating income was Ps. 1,038 million, and EBITDA was Ps. 1,370 million. Net income controlling interest for the third quarter was Ps. 1,710 million, up from Ps. 611 million in the second quarter. Comprehensive financial income for the third quarter was Ps. 870 million, compared to a net expense of Ps. 259 million in the second quarter. Net exchange profit was Ps. 645 million in the third quarter, compared to a net exchange loss of Ps. 579 million in the second quarter. For the third quarter of 2026 versus the third quarter of 2025, net sales increased 12% to Ps. 8,383 million, with sales in tons up 10% to 551 thousand tons. Total sales outside Mexico increased 22% to Ps. 3,863 million, and sales in Mexico increased 5% to Ps. 4,520 million. Cost of sales increased 16% to Ps. 6,622 million, representing 79% of net sales. Gross profit was Ps. 1,761 million, nearly unchanged from Ps. 1,759 million in the third quarter of 2025. Selling, general and administrative expenses increased 6% to Ps. 773 million. Other net income was Ps. 50 million, down from Ps. 128 million. Operating income was Ps. 1,038 million, and EBITDA was Ps. 1,370 million. Net income controlling interest for the third quarter was Ps. 1,710 million, up from Ps. 459 million in the third quarter of 2025, mainly due to a net exchange loss of Ps. 718 million in 2025 turning into a net exchange profit of Ps. 645 million in 2026. The company’s cost per ton for the first nine months of 2026 was Ps. 11,669, down from Ps. 12,066 in 2025. For the third quarter of 2026, cost per ton was Ps. 12,018, up from Ps. 11,475 in the third quarter of 2025.

GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE FIRST SIXTH-MONTH PERIOD ENDED JUNE 30TH, 2026.

(NYSE: SIM) Grupo Simec, S.A.B. de C.V. announced its results of operations for the first sixth-month period ended June 30th, 2026, reporting net sales increased 9% from Ps. 14,835 million in the first sixth-month period ended June 30th, 2025 to Ps. 16,186 million in the same period of 2026. Shipments of finished steel products rose to 1 million 46 thousand tons in the first sixth-month period ended June 30th, 2026 compared to 901 thousand tons in the same period of 2025, a 16% increase. Gross profit for the first sixth-month period ended June 30th, 2026 was Ps. 4,172 million compared to Ps. 3,668 million in the same period of 2025, representing a 14% increase. Net income increased by 662% from Ps. 304 million in the first sixth-month period ended June 30th, 2025 to Ps. 2,317 million in the same period of 2026. EBITDA increased 6% from Ps. 3,165 million in the sixth-month period ended June 30, 2025 to Ps. 3,354 million in the same period of 2026. Total sales outside of Mexico increased 2% to Ps. 6,725 million, while total sales in Mexico increased 15% to Ps. 9,461 million in the first sixth-month period ended June 30th, 2026. The company recorded a net tax expense of Ps. 499 million in the first sixth-month period ended June 30th, 2026.

GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE FIRST QUARTER OF 2026, ENDED MARCH 31, 2026.

Grupo Simec, S.A.B. de C.V. (NYSE: SIM) reported its results for the three-month period ended March 31, 2026. Net sales increased 3% year-over-year to Ps. 8,032 million, driven by an 11% increase in shipments of finished steel products to 530 thousand tons, despite a 7% lower average sales price. Net income rose 31% to Ps. 1,706 million compared to the same period in 2025. EBITDA increased 4% to Ps. 1,754 million, and gross profit grew to Ps. 2,135 million. Sales in Mexico increased 8% to Ps. 4,647 million, while sales outside Mexico decreased 2% to Ps. 3,385 million.

GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE TWELVE-MONTH PERIOD ENDED DECEMBER 31, 2025.

Grupo Simec, S.A.B. de C.V. (NYSE: SIM) reported audited results for the twelve-month period ended December 31, 2025. Net sales decreased 10% to Ps. 30,291 million from Ps. 33,658 million in 2024, driven by a 6% drop in shipments and a 4% lower average sales price. Net income fell sharply by 86% to Ps. 1,496 million, mainly due to a swing from a net exchange profit of Ps. 5,556 million in 2024 to a net exchange loss of Ps. 3,607 million in 2025. EBITDA decreased 1% to Ps. 6,287 million. The company saw a 14% decrease in sales outside of Mexico and a 7% decrease in sales within Mexico.