Commercial Metals Company announced that it has delivered a conditional notice of redemption to the trustee of its outstanding 5.375% Senior Notes due 2027. The Notice calls for the redemption of all of the outstanding $300 million aggregate principal amount of the Notes on February 15, 2022 and is conditioned on the closing of the issuance and sale of debt securities (in one or more series) in an aggregate principal amount of at least $600 million on pricing, terms and conditions satisfactory to the Company in its sole discretion, which condition the Company may waive at its discretion. This release does not constitute a notice of redemption of the 2027 Notes.

Information concerning the terms and conditions of the redemption are described in the Notice which is expected to be delivered to all currently registered holders of the 2027 Notes by the trustee, U.S. Bank National Association, on or about the date hereof. Beneficial holders with any questions about the redemption should contact their respective brokerage firm or financial institution.