Gerdau S.A. (NYSE:GGB) Q1 2022 Earnings Conference Call May 5, 2022 1:00 PM ET

Company Participants

Rodrigo Maia - Investor Relations

Gustavo Werneck - Chief Executive Officer

Rafael Japur - Chief Financial Officer

Conference Call Participants

Thiago Lofiego - Bradesco

Leonardo Correa - BTG Pactual

Carlos de Alba - Morgan Stanley

Rafael Shakur - SFA Investments

Jonathan Brandt - HSBC

Rafael Barcellos - Santander

Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed to help you navigate the audio should the corresponding text be unclear. The machine-assisted output provided is partly edited and is designed as a guide.

Rodrigo Maia

00:06 Good afternoon, everyone. I'm Rodrigo Maia, Gerdau’s IR. Welcome to Gerdau’s Conference Call to discuss the results of the First Quarter 2022. Here with us today are Gerdau’s CEO, Gustavo Werneck; and Gerdau’s CFO Rafael Japur, who will be presenting to you today. Analysts and investors can send their questions beforehand for the option Q&A.

00:36 We would like to stress that any forward-looking statement that might be made during this conference call related to Gerdau’s business outlook, projections and financial and operating goals are mere assumptions based on management's expectations related to the future of the company. Even though Gerdau believes that it's comments are based on reasonable assumptions. There is no guarantee that future events will not affect this evaluation.

01:05 Now, I would like to give the floor to Gustavo Werneck. Gustavo, please you may start the presentation. Thank you.

Gustavo Werneck

01:16 Thank you. Thank you, Rodrigo, and good afternoon, everyone. I would like to start by welcoming each one of you to this video conference call to announce Gerdau’s results for the first quarter of 2022. I hope that you are all well and in good health.

01:47 As Rodrigo was saying also joining me today is our CFO Rafael Japur and for both of us, is always a pleasure to talk to you about our performance and also answer questions and issues that may arise during our presentation. I will start by talking about the international scenario the highlights of the overall results and right after that, I'll give you more details about the performance of our business operations in this first quarter of 2022.

02:16 Next, Japur will share some information about our financial performance. And finally, I will come back to highlight a few points about our ESG agenda. At the end, both of us will be available to talk to you about any points that you may want us to elaborate further.