Slide 1: First Quarter of 2026 Earnings Conference Call and Webcast
May 6, 2026 First Quarter of 2026 Earnings Conference Call and Webcast 1 / 25
Slide 2: Forward-Looking Statements and Non-IFRS Alternative Performance Measures
Forward-Looking Statements and Non-IFRS Alternative Performance Measures This presentation contains certain forward-looking statements and Should one or more of these risks or uncertainties materialize, or should information relating to Ternium S.A. and its subsidiaries (collectively, underlying ass
Slide 3: Adjusted EBITDA
First Quarter of 2026 Adjusted EBITDA ADJUSTED EBITDA ($ MILLION) AND ADJUSTED EBITDA MARGIN (%) ADJUSTED EBITDA QUARTERLY CHANGE ($ MILLION) 12% 12% (131) 11% 10% 201 13 2 10% 479 420 10% (2) 8% 403 395 8% 322 6% 479 395 4% 2% 0% 1Q25 2Q25 3Q25 4Q25 1Q26 4Q25 VOLUME PRICE/ COST/ MINING INTERSEGMENT
Slide 4: Net Income
First Quarter of 2026 Net Income NET INCOME (LOSS) ($ MILLION) NET INCOME QUARTERLY CHANGE ($ MILLION) (6) 76 46 (48) 259 405 372 131 259 142 171 372 (270) 171 (56) 1Q25 2Q25 3Q25 4Q25 1Q26 4Q25 OPERATING NET FIN. USIMINAS INCOME OTHERS 1Q26 INCOME RESULTS LITIGATION TAX Net income in 1Q26 benefited
Slide 5: Steel Segment Shipments
First Quarter of 2026 Steel Segment Shipments GEOGRAFICAL INFORMATION (THOUSAND TONS) REGIONAL DISTRIBUTION Brazil 25% 1,983 1,911 1,887 1,849 1,784 Mexico 53% Southern 1,005 980 994 965 945 Region 12% 566 557 567 489 460 452 390 357 307 320 Other Markets 9% Colombia 4% 1Q2025 2Q2025 3Q2025 4Q2025 1
Slide 6: Steel Segment Performance
First Quarter of 2026 Steel Segment Performance STEEL SHIPMENTS (MILLION TONS) AND CASH OPERATING INCOME ($ MILLION) STEEL CASH OPERATING INCOME REVENUE PER TON ($ PER TON) PER TON AND MARGIN 2000 410 111 391 104 1500 350 342 94 92 3.9 3.7 3.8 3.7 3.7 276 72 1000 11% 10% 9% 9% 500 7% 0.0 0 0% 1Q25 2
Slide 7: Mining Segment Performance
First Quarter of 2026 Mining Segment Performance MINING SHIPMENTS (MILLION TONS) AND CASH OPERATING INCOME ($ MILLION) MINING CASH OPERATING INCOME REVENUE PER TON ($ PER TON) PER TON AND MARGIN 200 150 61 22 3.3 3.4 3.1 3.2 57 54 18 2.8 48 16 100 14 38 12 20% 22% 19% 50 14% 16% 0.0 0 0% 1Q25 2Q25 3
Slide 8: Cash Flow and Balance Sheet
First Quarter of 2026 Cash Flow and Balance Sheet CASH FROM OPERATIONS AND CHANGES IN CAPEX ($ MILLION) NET CASH POSITION ($ BILLION) WORKING CAPITAL ($ MILLION) Cash from operations (Incr.) decr. in working capital 1,044 810 711 1.3 781 1.0 518 463 535 528 406 0.7 0.7 207 217 0.3 174 135 1Q25 2Q25
Slide 9: Find us on: www.ternium.com
Find us on: www.ternium.com