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Sustainability Report 2019 About Ternium's Reporting ' 2. Ternium Contents 4 About Ternium's Reporting 7 The Company 14 Chairman's Letter 19 A Comprehensive Approach to Value Creation 22 Delivering Ternium's Business Strategy 38 Improving Our Safety Performance 46 Minimizing Ternium's Environmental Footprint 56 Realizing People's Full Potential 66 Strengthening of Ternium's Value Chain 70 Helping Our Communities Thrive 79 Commitment to Integrity 89 GRI and UN Global Compact Information Ternium S.A. (the “Company”) is a Luxembourg company and The financial and operational information contained in this its American Depositary Shares, or ADSs, are listed on the report is based on Ternium’s operational data and on the TX New York Stock Exchange (NYSE: TX). We refer to Ternium LISTED Company’s consolidated financial statements, which were S.A. and its consolidated subsidiaries as “we,” “our” NYSE prepared in accordance with IFRS and IFRIC interpretations or “Ternium.” as issued by the IASB and adopted by the European Union and presented in U.S. dollars ($) and metric tons. 3. Sustainability Report 2019 About Ternium's Reporting ' Ternium's 2019 Sustainability Report This report intends to be an integral discussion of Ternium's progress towards achieving its objectives in a sustainable way. It has been prepared taking into account the guidelines established by worldsteel, the UN Global Compact and the Global Reporting Initiative. Ternium's Sources of Corporate Information Annual Report Consolidated Sustainability Ternium.com on Form 20-F Management Report Report Global Reporting Initiative (GRI) Guidelines has carried out a Materiality Analysis according to the Ternium's Sustainability Report for the year 2019 GRI four-step process. The result of this analysis has follows the GRI standard core option of the reporting been included on page 90, by means of a materiality levels. matrix that ranks relevant economic, environmental and social topics according to their influence on In order to comply with this standard, Ternium has stakeholders' assessments and decisions, and according assessed its sustainability report in light of the GRI to their significance to Ternium. The GRI standards principles of Stakeholder Inclusiveness, Sustainability that Ternium has selected to fulfill, in accordance with Context, Materiality and Completeness. The company the reporting requirements of those topics, have been 4. Ternium included in the GRI Index on pages 92 to 94 of this Forward looking Statements sustainability report. The historical data related to This sustainability report contains “forward-looking these standards, as well as other historical data, has statements”, including with respect to certain of our been included on pages 95 to 101 of this sustainability plans and current goals and expectations relating to report. Ternium’s future financial condition and performance, which are provided to allow potential investors the UN Global Compact Initiative opportunity to understand management’s beliefs and In 2019, Ternium joined the UN Global Compact opinions in respect of the future so that they may use Initiative with a commitment to integrate its principles such beliefs and opinions as one factor in evaluating an into the company's strategy, culture and day-to-day investment in Ternium’s securities. All forward-looking operations. Ternium has engaged in collaborative statements are based on management’s present projects to advance the broader development goals of expectations of future events and are subject to a the United Nations, particularly the Sustainable number of factors and uncertainties that may cause Development Goals (SDGs). The company's actual results, performance or events to differ contribution to the UN Global Compact SDGs is materially from those expressed or implied by those reported throughout the document and has been statements. By their nature, certain disclosures relating indexed on page 102 of this sustainability report. to these expectations are only estimates and could be materially different from what actually occurs in the New Ternium.com future. As a result, actual future gains or losses that In September 2019, Ternium launched a new corporate may affect Ternium’s financial condition and results of website with a new approach to interact with its operations could differ materially from those that have stakeholders. The company has established different been estimated. You should not place undue reliance on goals for this project: the forward-looking statements, which speak only as of the date of this sustainability report. Except as required Firstly, to increase the importance of the website as a by law, we are not under any obligation, and expressly go-to resource for current and potential customers, disclaim any obligation, to update or alter any forward- encouraging them to engage with Ternium’s wide range looking statements, whether as a result of changes of of products and solutions. As a company that operates circumstances or management’s estimates or opinions, in various countries, Ternium.com aims to link new information, future events or otherwise. customers to its local commercial contacts while keeping a seamless brand vision, through new relevant Risk factors and localized content supported by cutting-edge easy- For a detailed description of Ternium’s main risk to-use navigation tools. factors, please see the section "Risk Factors" included in the Company's annual report on form 20-F for the Secondly, to improve the navigation experience of the year ended December 31, 2019. investor relations section with the addition of new trends in design and functionality. The new features These risks include but are not limited to risks relating facilitate access to corporate messages and reports, and to the steel industry and mining activities, risks relating the new resources enhance interactions with the to countries in which Ternium operates, risks relating company. to our business, including uncertainties as to gross domestic product, related market demand, global Thirdly, as a leading steel manufacturer, Ternium.com production capacity, tariffs, cyclicality in the industries has been conceived as a relevant means of that purchase steel products, risks relating to the communication to raise awareness on the role that steel Company’s structure and regulatory risks, as well as plays today and will play in the future, as we build an other factors beyond Ternium’s control. increasingly sustainable society. 5. Sustainability Report 2019 6. Ternium The Company Ternium is Latin America’s leading flat steel producer. We operate manufacturing facilities, service centers and distribution centers in several countries in the region and the southern United States, serving customers from various industries. $10.2 12.5 20,000 BILLION MILLION TONS EMPLOYEES ANNUAL NET SALES OF FINISHED AND OF 27 NATIONALITIES. OF STEEL AND SEMI-FINISHED OTHER PRODUCTS. STEEL SHIPMENTS. 7. Sustainability Report 2019 The Company worldsteel Sustainable Champion. In 2019, Ternium was honored with this recognition for the second consecutive year for its contribution to sustainability initiatives and reporting. Profile Ternium is Latin America’s leading flat steel producer Ternium's innovative culture, industrial expertise and with an annual crude steel production capacity of 12.4 long-term view enable the company to continuously million tons. It operates in Mexico, Brazil, Argentina, achieve new breakthroughs in industrial excellence, Colombia, the southern United States and Central competitiveness and customer service. Ternium is the America through regional manufacturing facilities, service leading supplier of flat steel products in Mexico and centers and its own distribution network. In addition, Argentina, has a significant position as supplier of steel Ternium participates in the control group of Usiminas, a products in Colombia and in other Latin American leading flat steel company in the Brazilian market. coumtries, and is a competitive player in the international steel market for steel products. The company's customers range from small businesses to large global companies in the automotive, home Through its network of commercial offices in several appliances, heat, ventilation and air conditioning countries in Latin America, the United States and (HVAC), construction, capital goods, container, food and Europe, Ternium maintains an international presence energy industries across the Americas. Ternium’s that allows it to reach customers outside its local industrial system has various production technologies that markets, achieves improved effectiveness in the supply provide a diversified cost structure, based on different of products and in the procurement of semi-finished types of raw material and energy sources, and a flexible steel, and maintains a fluent commercial relationship production configuration. The industrial system includes with its customers by providing continuous services and proprietary iron ore mines and processing facilities, assistance. steelmaking facilities, finishing facilities, service centers and a broad distribution network to offer slabs, billets, We operate with a broad and long-term perspective, and hot-rolled products, cold-rolled products, galvanized and we work towards improving the quality of life of our electro-galvanized sheets, pre-painted sheets, tinplate, employees, their families and the company's local welded pipes, rebars and wire rods as well as slit and cut- communities. to-length products. 8. Ternium A Comprehensive Approach to Value Creation
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