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Ternium I November 20201As of November 4, 2020

Investor PresentationNovember 2020

Ternium I November 20202

Forward-Looking Statements

This presentation contains certain forward-looking statements and information relating to Ternium S.A. and itssubsidiaries (collectively, “Ternium”) that are based on the current beliefs of its management as well as assumptionsmade by and information currently available to Ternium. Such statements reflect the current views of Ternium withrespect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause theactual results, performance or achievements of Ternium to be materially different from any future results, performance orachievements that may be expressed or implied by such forward-looking statements, including, among others, changes ingeneral economic, political conditions in the countries in which Ternium does business or other countries which have animpact on Ternium’s business activities and investments, changes in interest rates, changes in inflation rates, changes inexchange rates, the degree of growth and the number of consumers in the markets in which Ternium operates and sellsits products, changes in steel demand and prices, changes in raw material and energy prices or difficulties in acquiringraw materials or energy supply cut-offs, changes in business strategy and various other factors. Should one or more ofthese risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may varymaterially from those described herein as anticipated, believed, estimated, expected or targeted. Ternium does notintend, and does not assume any obligation, to update these forward-looking statements.


Profile


Mexico 50%

Brasil 11% (slabs)

USA 17% (slabs 13%)

Southern Region 16%

Steel Shipments 2019

Colombia 4%Other 2%

Other Markets 34%

Ternium’s ProfileA leading steel company in Latin America

Net sales of $10.2 billion in 2019

Steel shipments in 2019 of 12.5 million tons

Industrial facilities in Mexico, Argentina, Brazil,

Colombia, USA and Central America

1Usiminas: a leading company in the Brazilian flat steel market

Vertically integrated, from iron ore mines to

service centers

Focus on high value-added products

Participation in Usiminas1 control group

Integrated Facilities

Countries Employees

Downstream

Facilities

Distribution

Centers

Service

Centers

Integrated

Facilities

24

22

20,000


Sustainable ProfitabilityA comprehensive approach to value creation

Quest for excellence in industrial management

and technology

Focus on differentiation through sophisticated

products and services

Proactive approach to environment, health and

safety

Recruitment, training, and retention of talent

Strengthening of steel value chain

Deep ties with our communities

Commitment to integrity

Economic Value Generated and Distributed (2019)

Economic value

generated $10.3 B

Suppliers

$7.7 B

Employees $827 M

Capex

$1.1 B

Taxes

$357 M

Capital providers

$352 M

Research & development

$10 M

Community investments

$6.6 M


0.90 0.901.00

1.101.20

2015 2016 2017 2018 2019

Sustainable ProfitabilityDelivering Ternium’s business strategy

Dividend Payments ($ per ADS)

Focus on high-margin value-added products

Pursue strategic growth opportunities

Implement Ternium’s best practices

Maximize the benefits arising from Ternium’s

distribution network

Enhance Ternium’s position as a competitive steel

producer

Quest for excellence in industrial management and

technology

Production capacity (million tons per year)

7.3

12.4 12.410.3 10.8

15.7

2016 2019 2021f

Crude steel Hot-rolled steel

+47%

+68%


Sustainable ProfitabilityImproving our health and safety performance

Occupational health and safety (OH&S) policy

Standardized and certified OH&S management

system

Safety-focused capital expenditure plan

Integral program for critical steel production

processes and iron ore tailings dams

Management tours at the facilities, training,

workshops and conferences to raise awareness

Extensive communication to engage and commit

Ternium's and contractor's employees

Initiatives to promote healthy and safe operations in

the steel industry value chain

1.1 1.00.7 0.7 0.8

2015 2016 2017 2018 20191

Lost time injury frequency rate (# of events / million hours worked)

1 The 2019 LTIFR increase reflected mainly the effect of construction works carried out

for the new facility in Mexico and Colombia


Sustainable ProfitabilityHealth and safety measures against Covid-19

Work-from-home policy whenever possible

New protocols for on-site work that comply with, or exceed, local

authorities’ directives

strict social distancing and mandatory face masks

temperature checks at admission posts

strengthened disinfection routines including buses, working

posts and cafeterias

Employees with higher risk of developing complications stay at home

Prompt testing of all individuals showing symptoms along with their

close contacts and contagion tracking

Extensive communication program to promote health and wellness

protocols at both work and home


Sustainable ProfitabilityMinimizing Ternium’s environmental footprint

Responsible use of natural resources

Raw materials and other inputs

Waste generation

Focus on excellence in environmental performance

Certified environmental management system

Management performance accountability

Investments to control particulate emission and

discharges

Sustainable building solutions at new facilities

Biodiversity protection

Field works at greenfield projects

Support to Sepetiba Bay and Iberá Wetlands

initiatives

Project of the Rewilding Argentina Foundation at the Iberá Wetlands

Investments to improve the capture and treatment of air emissions


Promoting a collaborative network to foster

excellence in performance:

Universities

Business schools

Government agencies

Industrial associations

Helping 1,800 SMEs, customers and suppliers, grow:

Training programs

Industrial projects and business consultancy

Institutional initiatives

Commercial support and financial assistance

“ProPymes has helped create an industrial network

that encourages the professionalization and quest

for excellence of SMEs.”

Sustainable ProfitabilityStrengthening Ternium's value chain


Sustainable ProfitabilityHelping our communities thrive

Roberto Rocca Technical School in Pesquería, Mexico

Volunteer programs for school repair

Fostering education:

Ternium’s technical school in Pesquería

Refurbishing of community schools

Special education program for children

Financial support to high-school, undergraduate

and graduate students

Supporting initiatives that strengthen our communities:

Funding of health care infrastructure and

equipment

Sponsorship of diverse cultural exhibitions and

events

Arrangement of city races and other sport activities

COVID-19: $5.5 million dedicated fund to help our

communities during the pandemic


Sustainable Profitability Special funding program to help our communities

Construction and operation of a field hospital in Monterrey, Mexico

100 beds

10 fully-equipped units for intensive care (IC)

Equipment donation to 16 hospitals and health-care units in 4 countries

(ventilators, units for IC, beds, IC equipment and protection gear)

Creation of a professional network to share COVID-19 treatments

Linking doctors from our communities with Humanitas’1 colleagues

Humanitas expertise available at a public virtual campus

Adaptation to online learning at some of Ternium’s education programs

Roberto Rocca Technical School

AfterSchool program

Food support for vulnerable families

1 Humanitas: an Italian network of hospitals controlled by the Techint Group


Sustainable ProfitabilityCommitment to integrity through strong corporate governance

Audit committee (all independent directors)

Internal Audit Department reporting to the

Chairman and the Audit Committee

Business Conduct Compliance Officer reporting

to the CEO

Compliance department that oversees SOX

certifications, related party transactions and

conflict minerals

Employee accountability and training to ensure a

transparent behavior

Confidential channels to report non-compliant

behavior

Codes Policies Procedures

Conduct (for Business conduct Disclouse (relevant

wc employees) Transparency information)

Conduct for Anti-fraud Related party

suppliers Securities trading transactions

Ethics for senior Diversity Conflict mineral

financial officers Human rights disclosure


Latin American Steel Markets


Latin America Steel Markets Ternium has a leading position in the Mexican steel market

9.7

20.8

6.6

24.2

1990 2000 2010

BrasilMexico

2019

2.7

3.9

1.1

3.5

1990 2000 2010

ArgentinaColombia

2019

Apparent steel use (million tons)

Source: Alacero June 2020

The Mexican market is the largest in Latin America

Growth in Mexico’s steel consumption over the last decades was driven mainly by a dynamic

manufacturing industry

Mexico, Brazil, Argentina and Colombia accounted for approximately 80% of Latin America’s steel

consumption in 2019


MexicoAttractive steel market with a significant demand for high-end steel products

Commercial 47%

Automotive 26%

Other industries 10%

White goods 9%

HVAC / lighting 8%

Steel shipments by industry (2019)

Developed industrial sector (approximately 53% of

shipments in Mexico)

Access to the North American steel market through

USMCA

Ternium’s focus on value added products and services:

Service center network

Nationwide coverage through distribution centers

and regional distributors

Customer digital connectivity

Ongoing investment plan to increase our capabilities

for industrial customers


MexicoNew hot-rolling mill in Pesquería expected to start up by mid-2021

Source: Canacero / Ternium estimates

36%

Apparent flat steel use – Mexico 2019 Significant technological upgrade to expand TX’s

product range and improve customer service

The new mill will further increase Ternium’s

capabilities to substitute imports, which in 2019

accounted for 54% of Mexico’s flat steel use

Targeting the automotive industry, as well as the

white goods, machinery, energy and construction

sectors

Annual production capacity of 4.4 million tons (option

to increase capacity to 4.8 million tons)

65%

35%

Industrial Commercial

46%

54%

Local Imports


MexicoDeveloping our industrial center in Pesquería, Mexico

36%

Greenfield facility inaugurated in 2013 with cold-rolling and galvanizing lines

Additional hot-dipped galvanizing and painting lines inaugurated in 2019 with the most advanced painting

technology in Mexico

New hot-rolling mill to start-up in mid-2021

High-end value-added products for the automotive, white goods and heating-ventilation-air conditioning

(HVAC) industries

Expected annual production capacity in 2021:

Hot-Rolling: 4.4 million tons

Cold-rolling: 1.6 million tons

Hot-dipped galvanizing: 830,000 tons

Painting: 120,000 tons


ArgentinaThird largest steel market in Latin America with a developed industrial sector

Source: Ternium estimates

Significant industrial customer base representing 47%

of steel shipments in Argentina

Focus on value added products and services:

Service center network

Short notice delivery and just-in-time agreements

Customer digital connectivity

Joint product research and development projects

with our value chain (mainly white goods,

transportation and renewable energy)

Commercial 53% Automotive 9%

Agribusiness 6%

White goods 5%

Canning 6%

Oil & gas 5%

Other industrial 16%

Steel shipments by industry (2019)


Colombia New rebar mill in Colombia

Colombian steel market is the fourth largest in Latin America

Imports account for a significant share of long steel consumption

Ternium to expand its participation in the construction sector in the north/northwest of Colombia

Approximately 50% of steel rebar consumption

No local production

Expensive logistics from the mills in central Colombia

New greenfield rebar facility

Annual capacity of 520,000 tons

First bar produced in November 2020

Total investment of $90 million


Ternium’s Performance


Ternium’s PerformanceOperating Results and Balance Sheet

435 409520

1,052

600

2016 2017 2018 2019 2020f

Capital Expenditures ($ million)

0.9

2.7

1.71.5

0.6

dec-16 dec-17 dec-18 dec-19 sep-20

0.5x10.6x

Net Debt ($ billion)

1,263 879

1,549

1,931

2,698

1,526

2016 2017 2018 2019 9M20

Ebitda ($ million)

21% 20%

24%

15% 14%

2016 2017 2018 2019 9M20

Ebitda Margin (% of net sales)

1 Net Debt/EBITDA Ratio (last 12 months EBITDA)

1.4x 0.6x 1.0x


Ternium’s PerformanceEBITDA and Net Income

388

263302

224

353

3Q19 4Q19 1Q20 2Q20 3Q20

EBITDA ($ million)

16%

12%13% 13%

17%

3Q19 4Q19 1Q20 2Q20 3Q20

EBITDA Margin (% of net sales)

127

90101 91

124

3Q19 4Q19 1Q20 2Q20 3Q20

EBITDA per Ton1 ($)

1 Consolidated EBITDA divided by steel shipments.

11290

(19)

44

173

0.49 0.36 (0.06)

0.22

0.74

-0.50 - 0.50 1.00 1.50 2.00 2.50 3.00

-65 -15 35 85

135 185 235

3Q19 4Q19 1Q20 2Q20 3Q20

Net Income and Earnings per ADSNet Income (Loss) ($ million)Earnings (Losses) per ADS


Mexico (thousand tons)

1,629 1,5441,650

1,175

1,445

3Q19 4Q19 1Q20 2Q20 3Q20

504 484

380344

547

3Q19 4Q19 1Q20 2Q20 3Q20

Southern Region (thousand tons)

Ternium’s PerformanceSteel Shipments

643 578 636 664 519

924 889969 931 853

3Q19 4Q19 1Q20 2Q20 3Q20

Slabs

Other Markets (thousand tons)

-8%

23%

59% Mexico 51%

Brazil 7% (slabs)

USA 11% (5% slabs)

Southern Region 19%

Steel Shipments 3Q20

Colombia 5%

Other 8% (7% slabs)

Other Markets

30%


Ternium’s PerformanceTotal Shipments and Revenue per Ton

774751 737

690727

820

776 769

725 737

600

650

700

750

800

850

900

950

3Q19 4Q19 1Q20 2Q20 3Q20

Revenue per Ton ($/ton)

2%

5%

2,4502,250 2,271

1,7462,139

3Q19 4Q19 1Q20 2Q20 3Q20

Net Sales ($ million)

3,057 2,917 2,998

2,4492,845

3Q19 4Q19 1Q20 2Q20 3Q20

16%

Total Shipments (thousand tons)

Mexico

Consolidated

23%

Shipments and realized prices expected to continue

recovering in the 4Q20:

Mexico: Industrial market shipments to reach pre-

pandemic levels, construction sector improving.

Southern Region: buildup of stocks and advance

purchases to continue driving strong steel shipments.

Other Markets: stable third party shipments, with

increase in domestic sales substituting exports.


Ternium’s PerformanceCash Flow and Balance Sheet

256

307

258

11171

3Q19 4Q19 1Q20 2Q20 3Q20

Capital Expenditures ($ million)

250

85

185

393 389

3Q19 4Q19 1Q20 2Q20 3Q20

Free Cash Flow ($ million)

1.5 1.51.3

0.9

0.6

sep-19 dec-19 mar-20 jun-20 sep-20

0.5x1

Net Debt ($ billion)

0.8x0.9x

1 Net Debt/EBITDA Ratio (last 12 months EBITDA)

1.0x

506

393443

504460

3Q19 4Q19 1Q20 2Q20 3Q20

Cash from Operations ($ million)

0.9x


Conclusion


Conclusion

A leading steel company in Latin America with a

comprehensive management approach

Successful implementation of business strategy geared

toward sustainable profitable growth

Solid financial position

Resilience in times of crisis

New hot-rolling mill in Mexico provides opportunity to

strengthen business in the region

Continued focus on generating long-term stakeholder value



Appendix

Corporate Structure

Production Capacity

Shipments and Net Sales

Income Statement

Cash Flow Statement

Balance Sheet

Selected Webcast Presentation Slide Third Quarter and First Nine Months 2020

Ternium’s Debt Profile

More about Ternium’s developing industrial system in Brasil


Economic participation

1 Participation based on total shares distributed

2 Net of non-controlling interest in TX Argentina

3 Formerly known as Siderar

4 Formerly known as CSA

Non-consolidated companies

Techint Group: 62%

Tenaris: 11%

Ternium (treasury shares): 2%

Public: 24%

Exiros

Ternium Colombia

Ternium México

Usiminas

Ternium Argentina3

Nippon Steel Corp: 19%

TenarisConfab: 3%

CEU: 3%

CSN: 18%

Other: 37%

38%

29%

71%

62%

50%

100%

4%

Other

17%

Tenaris50%

Subsidiaries

Peña Colorada

50%

Las Encinas

100%

Ternium Int. Guatemala

Ternium USA

100%

100%

Joint operations

ArcelorMittal

50%

Tenigal51%

Nippon Steel Corp49%

Techgen48%

22%

Tecpetrol30%

Ternium Brasil4100%

Direct Indirect2 Total

Ternium Mexico 71% 18% 89%

Ternium Argentina3 62% 62%

Ternium Brasil4 100% 100%

Usiminas1 17% 2% 19%

Tenigal 51% 51%

Ternium Colombia 100% 100%

TX Int. Guatemala 100% 100%

TX USA 100% 100%

Las Encinas 71% 18% 89%

Peña Colorada 36% 9% 44%

Corporate Structure

Ternium del Atlántico100%


Mexico Argentina Other (1)

Total

Slabs 2.5 3.2 5.0 10.7

Billets 1.6 0.2 1.9

Crude steel 4.1 3.2 5.2 12.5

Hot rolled coils 6.5 2.9 9.4

Rebars & wire rods 1.2 0.2 1.4

Cold rolled coils 3.7 1.8 5.5

Tinplated products 0.2 0.2

Galvanized products 2.4 0.6 0.4 3.4

Pre-painted products 0.8 0.1 0.2 1.1

Service center 3.9 2.3 1.3 7.5

Production Capacity

(1) Brazil, Southern US, Colombia and Central America

(2)

(2) Corresponds to Ternium Brasil

Production Capacity as of year-end 2019 (million metric tons per year)


Shipments and Net Sales

3Q2020 3Q2019 Dif. 3Q2020 3Q2019 Dif.3

Q 3Q2020 3Q2019 Dif.

Mexico 1,065.7 1,334.9 -20% 1,445.1 1,628.6 -11% 737.5 819.6 -10%

Southern Region 495.6 435.9 14% 546.8 503.8 9% 906.4 865.2 5%

Other Markets 508.0 595.1 -15% 853.1 924.3 -8% 595.5 643.8 -7%

Total steel products 2,069.4 2,365.8 -13% 2,845 3,057 -7% 727 774 -6%

Other products1 45.6 83.9 -46%

Total steel segment 2,114.9 2,449.7 -14%

Total mining segment 91.3 111.7 -18% 869 904 -4% 105 124 -15%

Total steel and mining segments 2,206.2 2,561.4 -14%

Intersegment eliminations (67.6) (111.7)

Total net sales 2,138.6 2,449.7 -13%

9M2020 9M2019 Dif. 9M2020 9M2019 Dif.3

Q 9M2020 9M2019 Dif.

Mexico 3,186.1 4,129.4 -23% 4,269 4,761 -10% 746 867 -14%

Southern Region 1,129.2 1,252.6 -10% 1,270 1,454 -13% 889 862 3%

Other Markets 1,654.7 2,316.5 -29% 2,753 3,379 -19% 601 686 -12%

Total steel products 5,970.0 7,698.6 -22% 8,292 9,594 -14% 720 802 -10%

Other products1 132.3 244.2 -46%

Total steel segment 6,102.3 7,942.8 -23%

Total mining segment 284.8 264.3 8% 2,854 2,659 7% 100 99 0%

Total steel and mining segments 6,387.1 8,207.1 -22%

Intersegment eliminations (231.3) (264.3)

Total net sales 6,155.8 7,942.8 -22%1 The item “Other products” primarily includes Ternium Brasil’s and Ternium México’s electricity sales.

Net Sales (USD million) Shipments (thousand tons) Revenue / ton (USD / ton)

Net Sales (USD million) Shipments (thousand tons) Revenue / ton (USD / ton)


Income Statement

$ million 3Q2020 3Q2019 9M2020 9M2019

Net sales 2,138.6 2,449.7 6,155.8 7,942.8

Cost of sales (1,756.6) (2,016.4) (5,185.8) (6,509.1)

Gross profit 382.1 433.3 969.9 1,433.7

Selling, general and administrative expenses (183.1) (211.9) (566.1) (674.5)

Other operating income (expenses), net 2.0 7.2 (1.5) 13.2

Operating income 201.0 228.6 402.3 772.3

Finance expense (9.0) (25.6) (38.9) (66.8)

Finance income 15.9 9.0 30.9 21.4

Other financial income (expenses) income, net (20.6) (18.3) 85.8 (23.5)

Equity in (losses) earnings of non-consolidated companies 13.2 1.9 (0.4) 37.1

Profit before income tax expense 200.5 195.6 479.7 740.5

Income tax income (expense) (27.5) (83.6) (282.5) (200.4)

Profit for the period 173.0 111.9 197.2 540.1

Attributable to:

Owners of the parent 145.6 95.3 178.1 493.8

Non-controlling interest 27.4 16.6 19.2 46.3


(Unaudited) (Unaudited)


Cash Flow Statement

$ million 3Q2020 3Q2019 9M2020 9M2019


Adjustments for:

Depreciation and amortization 152.4 159.4 477.1 490.3

Equity in (earnings) losses of non-consolidated companies (13.2) (1.9) 0.4 (37.1)

Changes in provisions 0.0 0.4 (0.3) (2.3)

Net foreign exchange results and others 58.8 20.3 (28.1) 29.6

Interest accruals less payments 0.8 (1.5) 4.6 3.0

Income tax accruals less payments (52.4) 14.8 127.4 (187.6)

Changes in working capital 140.6 202.7 628.1 418.7

Net cash provided by operating activities 460.0 506.2 1,406.4 1,254.7

Capital expenditures (71.1) (255.9) (439.6) (744.8)

Proceeds from the sale of property, plant & equipment 0.1 0.0 0.4 0.5

Acquisition of non-controling interest (2.8) (4.2) (14.1) (4.2)

Recovery of loans to non-consolidated companies - - - 24.5

Decrease (increase) in other investments 84.3 (184.4) (410.5) (166.5)

Net cash provided by (used in) investing activities 10.5 (444.4) (863.9) (890.5)

Dividends paid in cash to company's shareholders - - - (235.6)

Dividends paid in cash to non-controlling interest - - - (28.5)

Finance Lease Payments (10.1) (9.0) (30.4) (28.6)

Proceeds from borrowings 24.8 263.6 244.3 1,133.0

Repayments of borrowings (239.4) (448.2) (558.2) (802.0)

Net cash (used in) provided by financing activities (224.6) (193.6) (344.3) 38.2

Increase (decrease) in cash and cash equivalents 245.8 (131.9) 198.2 402.4

(Unaudited) (Unaudited)


Balance Sheet

$ millionSeptember 30,

2020

December 31,

2019

(Unaudited)

Property, plant and equipment, net 6,525.8 6,539.6

Intangible assets, net 908.3 943.8

Investments in non-consolidated companies 393.5 513.6

Deferred tax assets 126.8 163.5

Receivables, net 267.8 592.6

Trade receivables, net 0.1 0.9

Other investments 2.9 3.3

Total non-current assets 8,225.2 8,757.3

Receivables, net 217.0 334.7

Derivative financial instruments 1.5 1.2

Inventories, net 1,667.3 2,158.3

Trade receivables, net 776.3 949.7

Other investments 623.2 212.3

Cash and cash equivalents 680.7 520.0

Total current assets 3,965.9 4,176.1

Non-current assets classified as held for sale 1.9 2.1

Total assets 12,193.0 12,935.5

$ millionSeptember 30,

2020

December 31,

2019

(Unaudited)

Capital and reserves attributable to the owners of the parent 6,686.1 6,611.7

Non-controlling interest 1,091.0 1,103.2

Total Equity 7,777.1 7,714.9

Provisions 256.4 613.4

Deferred tax liabilities 469.2 403.3

Other liabilities 447.4 507.6

Trade payables 1.0 1.2


Lease liabilities 257.6 298.2

Borrowings 1,457.4 1,628.9

Total non-current liabilities 2,889.6 3,452.5

Current income tax liabilities 36.2 47.1

Other liabilities 215.6 240.9

Trade payables 824.6 876.8


Lease liabilities 41.2 40.5

Borrowings 408.8 559.8

Total current liabilities 1,526.4 1,768.1

Total liabilities 4,416.0 5,220.7

Total equity and liabilities 12,193.0 12,935.5


61

105

(31) (6)

224

353

EBITDA 2Q20

Shipments Price/Mix Cost Other EBITDA3Q20

135 1

33

(40)

44

173

Net Income2Q20

OperatingIncome

Net FinancialResults

Income Tax Net Income3Q20

Third Quarter 2020 Results – Webcast PresentationEBITDA and Net Results

(mill

ion

$)

Equity in

Earnings of

non-consolidated

Companies

EBITDA

3Q20

EBITDA

2Q20

Net Income

3Q20

Net Income

2Q20(m

illio

n$)

Higher shipments in the 3Q20, particularly in

Mexico and Argentina.

Higher revenue per ton, mainly reflecting a higher

value added product mix.

Slight increase in cost per ton.

Improved result from the equity in earnings of

Usiminas in the 3Q20.

Low effective tax rates in the 3Q20 and 2Q20,

affected by non-cash deferred tax gains due to the

effect of the MXN appreciation versus the USD.


(370)

147

(37)

(82)

540

197

Net Income…Operating IncomeNet Financial Results Income Tax Net Income…

(171)

(212)

1,263

879

EBITDA 9M19 Shipments Ebitda per Ton EBITDA 9M20

Equity in

Earnings of

non-consolidated

Companies

First Nine Months 2020 Results – Webcast PresentationEBITDA and Net Results

(mill

ion

$)

(mill

ion

$)

EBITDA

9M20

EBITDA

9M19

Net Income9M20

Net Income

9M19Operating

Income

Income TaxNet Financial

Results

Lower shipments in 9M20 in Ternium’s main

markets due to the effect of the COVID-19

pandemic.

Lower EBITDA per ton on lower steel prices

partially offset by lower costs per ton.

Significant variation in net financial results mainly

related to to the effect of a substantial fluctuation of

the MXN, ARS and BRL versus the USD in both

periods.

High effective tax rate in the 9M20 mainly related to

non-cash deferred tax loss due to the effect of

significant MXN depreciation versus the USD.


Debt ProfileComfortable maturity schedule

72

469

663

138

534

sep-20 2021 2022 2023 2024+

Tx Mexico Synd. Loan Tx Investments Synd. Loan

Tx Brasil Synd. Loan Other outstanding long-term debt

Revolving credit facilities

$1.9 billion gross debt as of Sep’20

Main outstanding syndicated loans:

Ternium Mexico: $625 million

Ternium Brasil: $500 million

Ternium Investments S.à.r.l.: $400 million

Other outstanding long-term debt:

Tenigal: $63 million

Peña Colorada: $63 million

Revolving credit facilities (uncommitted) of $226

million outstanding, mainly in Mexico

Debt maturity profile Sep’20 ($/million)


Ternium Brasil AcquisitionA strong foundation for Ternium’s next phase of development

Acquired in September 2017

5 mtpy high-end slab facility in Brazil

Further integrate Ternium Brasil to take it to its full

potential

Increase competitiveness in the high-end Mexican steel

market vis-à-vis imports

Improve customer service supported by higher

operational flexibility

Customized steel products

Coordinated product development

Enhanced logistics


www.ternium.comwww.ternium.com

Date post:	02-Jan-2021
Category:	Documents
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Título de la presentación en TradeGothic 30 pto, Interlineado …...Roberto Rocca Technical School...

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