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Ternium Sebastián Martí Ternium - Investor Relations +1 ( 866 ) 890 0443 +54 ( 11 ) 4018 8389 www.ternium.com Press Release Ternium Announces Second Quarter and First Half of 2021 Results Luxembourg , August 3 , 2021 - Ternium S.A. ( NYSE : TX ) today announced its results for the second quarter and first half ended June 30 , 2021 . The financial and operational information contained in this press release is based on Ternium S.A.'s operational data and consolidated condensed interim financial statements prepared in accordance with IAS 34 " Interim financial reporting " ( IFRS ) and presented in US dollars ( $ ) and metric tons . This press release includes certain non - IFRS alternative performance measures such as EBITDA , Net Debt and Free Cash Flow . The reconciliation of these figures to the most directly comparable IFRS measures is included in Exhibit I. Summary of Second Quarter of 2021 Results 2Q2021 1Q2021 2Q2020 Steel Shipments ( tons ) Iron Ore Shipments ( tons ) Net Sales ( $ million ) 3,068,000 906,000 1,035,000 -12 % 3,919.8 3,099,000 -1 % 2,449,000 25 % 991,000 -9 % 3,249.3 21 % 1,745.8 125 % Operating Income ( $ million ) 1,271.4 905.8 40 % 65.6 1,839 % EBITDA ( $ million ) 1,420.2 1,057.4 34 % 223.9 534 % EBITDA Margin ( % of net sales ) 36 % 33 % 13 % EBITDA per Ton ( $ ) 462.9 341.1 91.4 Equity in earnings ( losses ) of non - consolidated 171.1 46.5 companies ( $ million ) ( 19.7 ) Income Tax Result ( $ million ) ( 307.1 ) ( 261.6 ) 12.3 Net Result ( $ million ) 1,158.3 706.7 43.6 Equity Holders ' Net Result ( $ million ) 1,022.1 602.9 44.0 Earnings per ADS * ( $ ) 5.21 3.07 0.22 American Depositary Share . Each ADS represents 10 shares of Ternium's common stock . Results are based on a weighted average number of shares of common stock outstanding ( net of treasury shares ) of 1,963,076,776 . • • • • • • EBITDA of $ 1.4 billion on steel shipments of 3.1 million tons , with EBITDA margin of 36 % and EBITDA per ton of $ 462.9 . Equity holders ' net income of $ 1.0 billion , equivalent to earnings per ADS of $ 5.21 . Net cash provided by operating activities of $ 628.4 million , including working capital increase of $ 651.8 million mainly due to the impact of higher realized steel prices and costs , and higher inventory volumes . Free cash flow of $ 467.0 million after capital expenditures of $ 161.4 million . Dividends paid to shareholders of $ 412.2 million . Net debt position of $ 0.2 billion at the end of June 2021 , slightly down from the end of March 2021 , with net debt to last twelve months EBITDA ratio of 0.1 times . 1