Gerdau S.A. / Dividends

Declaration date	Ex date	Record date	Payment date	Amount
November 17, 2008				R$0.1429
March 3, 2009				R$0.0317
November 17, 2009				R$0.0595
December 29, 2009				R$0.1429
May 18, 2010				R$0.081
August 17, 2010				R$0.1111
November 17, 2010				R$0.0952
March 15, 2011				R$0.0476
May 20, 2011				R$0.0476
August 16, 2011				R$0.0714
November 22, 2011				R$0.0952
February 28, 2012				R$0.0635
May 14, 2012				R$0.0476
August 14, 2012				R$0.0714
November 13, 2012				R$0.0556
March 5, 2013				R$0.0159
May 20, 2013				R$0.0159
August 13, 2013				R$0.0556
November 12, 2013				R$0.0952
March 6, 2014				R$0.0556
May 22, 2014				R$0.0556
August 12, 2014				R$0.0476
November 18, 2014				R$0.0397
March 17, 2015				R$0.0556
May 22, 2015				R$0.0476
August 25, 2015				R$0.0397
November 10, 2015				R$0.0317
August 23, 2016				R$0.0238
November 22, 2016				R$0.0159
August 22, 2017	August 18, 2017	August 21, 2017	September 1, 2017	R$0.0159
November 22, 2017	November 20, 2017	November 21, 2017	December 1, 2017	R$0.0238
March 12, 2018	March 8, 2018	March 9, 2018	March 21, 2018	R$0.0238
May 22, 2018	May 18, 2018	May 21, 2018	June 1, 2018	R$0.0635
August 22, 2018	August 20, 2018	August 21, 2018	August 31, 2018	R$0.1111
November 22, 2018	November 20, 2018	November 21, 2018	December 3, 2018	R$0.1032
March 7, 2019	March 5, 2019	March 6, 2019	March 18, 2019	R$0.0794
May 20, 2019	May 16, 2019	May 17, 2019	May 29, 2019	R$0.0556
August 19, 2019	August 15, 2019	August 16, 2019	August 28, 2019	R$0.0556
November 12, 2019	November 8, 2019	November 11, 2019	November 25, 2019	R$0.0317
March 2, 2020	February 27, 2020	February 28, 2020	March 11, 2020	R$0.0238
November 9, 2020	November 5, 2020	November 6, 2020	November 18, 2020	R$0.0952
December 22, 2020	December 18, 2020	December 21, 2020	March 25, 2021	R$0.1349
March 12, 2021	March 10, 2021	March 11, 2021	March 25, 2021	R$0.1032
May 17, 2021	May 13, 2021	May 14, 2021	May 26, 2021	R$0.3175
August 17, 2021	August 13, 2021	August 16, 2021	August 26, 2021	R$0.4286
September 28, 2021	September 24, 2021	September 27, 2021	November 16, 2021	R$0.3016
November 8, 2021	November 4, 2021	November 5, 2021	November 16, 2021	R$1.2857
March 8, 2022	March 4, 2022	March 7, 2022	March 16, 2022	R$0.1587
May 17, 2022	May 13, 2022	May 16, 2022	May 25, 2022	R$0.4524
August 16, 2022	August 12, 2022	August 15, 2022	August 25, 2022	R$0.5635
November 22, 2022	November 18, 2022	November 21, 2022	December 14, 2022	R$1.7064
March 15, 2023	March 13, 2023	March 14, 2023	March 23, 2023	R$0.1587
May 16, 2023	May 12, 2023	May 15, 2023	May 29, 2023	R$0.425
August 21, 2023	August 17, 2023	August 18, 2023	August 29, 2023	R$0.3583
November 20, 2023	November 16, 2023	November 17, 2023	December 13, 2023	R$0.3917
November 21, 2023	November 16, 2023	November 17, 2023	December 13, 2023	R$0.47
March 4, 2024	February 29, 2024	March 1, 2024	March 12, 2024	R$0.0833
May 16, 2024	May 14, 2024	May 15, 2024	May 27, 2024	R$0.28
August 12, 2024	August 8, 2024	August 9, 2024	August 20, 2024	R$0.12
November 19, 2024	November 15, 2024	November 18, 2024	December 16, 2024	R$0.30
March 6, 2025	March 4, 2025	March 5, 2025	March 14, 2025	R$0.10
May 9, 2025	May 7, 2025	May 8, 2025	May 19, 2025	R$0.12
August 12, 2025	August 8, 2025	August 11, 2025	August 18, 2025	R$0.12