Filing Details

Accession Number:
0001171843-23-006685
Form Type:
13D Filing
Publication Date:
2023-11-02 20:00:00
Filed By:
San Faustin S.a.
Company:
Ternium S A (NYSE:TX)
Filing Date:
2023-11-03
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
ROCCA PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN 0 1,533,470,526 0 1,533,470,526 1,533,470,526 76.5%
SAN FAUSTIN S.A 0 1,533,470,526 0 1,533,470,526 1,533,470,526 76.5%
TECHINT HOLDINGS S. R.L 1,243,433,012 290,037,514 1,243,433,012 290,037,514 1,533,470,526 76.5%
TENARIS S.A 0 1,533,470,526 0 1,533,470,526 1,533,470,526 76.5%
TENARIS GLOBAL SERVICES AND INVESTMENTS S. R.L 229,713,194 1,303,757,332 229,713,194 1,303,757,332 1,533,470,526 76.5%
TECHINT FINANCIAL SERVICES S.L. (Unipersonal) 0 1,533,470,526 0 1,533,470,526 1,533,470,526 76.5%
INVERBAN INVESTMENTS S.L. (Unipersonal) 60,324,320 1,473,146,206 60,324,320 1,473,146,206 1,533,470,526 76.5%
Filing

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 9)*

 

Ternium S.A.

(Name of Issuer)

 

 

Ordinary Shares, $1.00 par value per share

(Title of Class of Securities)

 

 

 

  880890108  

(CUSIP Number)

 

 

 

Fernando J. Mantilla, 26, Boulevard Royal, Ground Floor, L-2449 Luxembourg, Grand-Duchy of Luxembourg

Telephone: +352 27209600

(Name, Address and Telephone number of Person Authorized to

Receive Notices and Communications)

 

 

November 2nd, 2023

(Date of Event Which Requires Filing of this Statement)

 

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d–1(e), 240.13d–1(f) or 240.13d–1(g), check the following box. ☐

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d–7 for other parties to whom copies are to be sent.

 

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 Page 1 of 29 

 

 

CUSIP NO. 880890108

 

 

1.NAMES OF REPORTING PERSONS

 

ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

00-0000000

 

2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

  (a) [   ]
   
  (b) [   ]

 

3.       SEC USE ONLY

 

 

 

4.       SOURCE OF FUNDS (SEE INSTRUCTIONS):

 

N/A

 

5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): [ ]

 

 

 

6. CITIZENSHIP OR PLACE OF ORGANIZATION

 

THE NETHERLANDS

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON

WITH:

7.       SOLE VOTING POWER: 0

 

8.       SHARED VOTING POWER: 1,533,470,526

9.       SOLE DISPOSITIVE POWER: 0

10.       SHARED DISPOSITIVE POWER: 1,533,470,526

 

 

11.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING

PERSON: 1,533,470,526

 

 

12.       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES

CERTAIN SHARES (SEE INSTRUCTIONS)

  [   ]

 

13.       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 76.5%

 

 

 

14.       TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): HC

 

 

 Page 2 of 29 

 

CUSIP NO. 880890108

 

 

1.NAMES OF REPORTING PERSONS

 

SAN FAUSTIN S.A.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

00-0000000

 

2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
  (a) [   ]
   
  (b) [   ]

 

3.       SEC USE ONLY

 

 

 

4.       SOURCE OF FUNDS (SEE INSTRUCTIONS):

 

N/A

 

5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): [ ]

 

 

 

6. CITIZENSHIP OR PLACE OF ORGANIZATION

 

GRAND DUCHY OF LUXEMBOURG

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON

WITH:

7.       SOLE VOTING POWER: 0

8.       SHARED VOTING POWER: 1,533,470,526

9.       SOLE DISPOSITIVE POWER: 0

10.       SHARED DISPOSITIVE POWER: 1,533,470,526

 

 

11.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING

PERSON: 1,533,470,526

 

 

12.       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES

CERTAIN SHARES (SEE INSTRUCTIONS)

  [   ]

 

13.       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 76.5%

 

 

 

14.       TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): CO

 

 

 

 Page 3 of 29 

 

CUSIP NO. 880890108

 

 

1.NAMES OF REPORTING PERSONS

 

TECHINT HOLDINGS S.À R.L.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

00-0000000

 

2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

  (a) [   ]
   
  (b) [   ]

 

3.       SEC USE ONLY

 

 

 

4.       SOURCE OF FUNDS (SEE INSTRUCTIONS):

 

N/A

 

 

5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): [ ]

 

 

6. CITIZENSHIP OR PLACE OF ORGANIZATION

 

GRAND DUCHY OF LUXEMBOURG

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON

WITH:

7.       SOLE VOTING POWER: 1,243,433,012

8.       SHARED VOTING POWER: 290,037,514

9.       SOLE DISPOSITIVE POWER: 1,243,433,012

10.       SHARED DISPOSITIVE POWER: 290,037,514

 

 

11.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING

PERSON: 1,533,470,526

 

 

12.       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES

CERTAIN SHARES (SEE INSTRUCTIONS)

  [   ]

 

13.       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 76.5%

 

 

 

14.       TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): CO

 

 

 

 Page 4 of 29 

 

CUSIP NO. 880890108

 

 

1.NAMES OF REPORTING PERSONS

 

TENARIS S.A.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

00-0000000

 

2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

  (a) [   ]
   
  (b) [   ]

 

3.       SEC USE ONLY

 

 

 

4.       SOURCE OF FUNDS (SEE INSTRUCTIONS):

 

N/A

 

5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): [ ]

 

 

6. CITIZENSHIP OR PLACE OF ORGANIZATION

 

GRAND DUCHY OF LUXEMBOURG

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON

WITH:

7.       SOLE VOTING POWER: 0

8.       SHARED VOTING POWER: 1,533,470,526

9.       SOLE DISPOSITIVE POWER: 0

10.       SHARED DISPOSITIVE POWER: 1,533,470,526

 

 

11.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING

PERSON: 1,533,470,526

 

 

12.       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES

CERTAIN SHARES (SEE INSTRUCTIONS)

  [   ]

 

13.       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 76.5%

 

 

 

14.       TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): CO

 

 

 

 Page 5 of 29 

 

CUSIP NO. 880890108

 

 

1.NAMES OF REPORTING PERSONS

 

TENARIS GLOBAL SERVICES AND INVESTMENTS S.À R.L.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

00-0000000

 

2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

  (a) [   ]
   
  (b) [   ]

 

3.       SEC USE ONLY

 

 

 

4.       SOURCE OF FUNDS (SEE INSTRUCTIONS):

 

N/A

 

5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): [ ]

 

 

6. CITIZENSHIP OR PLACE OF ORGANIZATION

 

GRAND DUCHY OF LUXEMBOURG

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON

WITH:

7.       SOLE VOTING POWER: 229,713,194

8.       SHARED VOTING POWER: 1,303,757,332

9.       SOLE DISPOSITIVE POWER: 229,713,194

10.       SHARED DISPOSITIVE POWER: 1,303,757,332

 

 

11.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING

PERSON: 1,533,470,526

 

 

12.       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES

CERTAIN SHARES (SEE INSTRUCTIONS)

  [   ]

 

13.       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 76.5%

 

 

14.       TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): CO

 

 

 

 

 Page 6 of 29 

 

CUSIP NO. 880890108

 

 

1.NAMES OF REPORTING PERSONS

 

TECHINT FINANCIAL SERVICES S.L. (Unipersonal)

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

00-0000000

 

2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

  (a) [   ]
   
  (b) [   ]

 

3.       SEC USE ONLY

 

 

 

4.       SOURCE OF FUNDS (SEE INSTRUCTIONS):

 

N/A

 

5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): [ ]

 

 

 

6.       CITIZENSHIP OR PLACE OF ORGANIZATION

 

SPAIN

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON

WITH:

7.       SOLE VOTING POWER: 0

8.       SHARED VOTING POWER: 1,533,470,526

9.       SOLE DISPOSITIVE POWER: 0

10.       SHARED DISPOSITIVE POWER: 1,533,470,526

 

 

11.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING

PERSON: 1,533,470,526

 

 

12.       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES

CERTAIN SHARES (SEE INSTRUCTIONS)

  [   ]

 

13.       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 76.5%

 

 

 

14.       TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): CO

 

 

 

 Page 7 of 29 

 

CUSIP NO. 880890108

 

 

1.NAMES OF REPORTING PERSONS

 

INVERBAN INVESTMENTS S.L. (Unipersonal)

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

00-0000000

 

2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

  (a) [   ]
   
  (b) [   ]

 

3.       SEC USE ONLY

 

 

 

4.       SOURCE OF FUNDS (SEE INSTRUCTIONS):

 

N/A

 

5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): [ ]

 

 

 

6. CITIZENSHIP OR PLACE OF ORGANIZATION

 

SPAIN

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON

WITH:

7.       SOLE VOTING POWER: 60,324,320

8.       SHARED VOTING POWER: 1,473,146,206

9.       SOLE DISPOSITIVE POWER: 60,324,320

10.       SHARED DISPOSITIVE POWER: 1,473,146,206

 

 

11.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING

PERSON: 1,533,470,526

 

 

12.       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES

CERTAIN SHARES (SEE INSTRUCTIONS)

  [   ]

 

13.       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 76.5%

 

 

14.       TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): CO

 

 

 

 

 Page 8 of 29 

 

This Amendment No. 9 amends and supplements the Schedule 13D originally filed on February 11th, 2011 (this "Amendment No. 9"), as further amended by Amendments No. 1, No. 2, No. 3, No. 4, No. 5, No. 6, No. 7 and No. 8, on behalf of RP STAK, SAN FAUSTIN, TECHINT HOLDINGS, TENARIS, TENARIS GS INVESTMENTS, TEFIN and INVERBAN (as defined thereunder), relating to the Ordinary Shares par value $1 per share issued by Ternium S.A. (the “Ordinary Shares”).

 

No changes occurred except on the following Items:

 

Item 2. Identity and Background

 

This Schedule 13D is being jointly filed by each of the following persons pursuant to Rule 13d-1(k) (collectively, the “Reporting Persons”).

 

(a)ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN (“RP STAK”)

Fascinatio Boulevard 764, 2909 VA Capelle aan den Ijssel, The Netherlands.

RP STAK is a private foundation (stichting) organized under the laws of The Netherlands. No person or group of persons controls RP STAK.

 

(b)SAN FAUSTIN S.A. (“SAN FAUSTIN”)

26, Boulevard Royal, Ground Floor, L-2449, Luxembourg.

SAN FAUSTIN is a société anonyme (public limited liability company) organized under the laws of the Grand-Duchy of Luxembourg. RP STAK continues to control SAN FAUSTIN (i.e. it continues to have the ability to influence matters affecting, or submitted to a vote of the shareholders of SAN FAUSTIN, including the election of directors and the approval of certain corporate transactions and other matters concerning SAN FAUSTIN’s policies).

 

(c)TECHINT HOLDINGS S.À R.L. (“TECHINT HOLDINGS”)

26, Boulevard Royal, Ground Floor, L-2449, Luxembourg.

TECHINT HOLDINGS is a société à responsabilité limitée (private limited liability company) organized under the laws of the Grand-Duchy of Luxembourg. All of the shares of TECHINT HOLDINGS are held by SAN FAUSTIN.

 

(d)TENARIS S.A. (“TENARIS”)

26, Boulevard Royal, 4th Floor, L-2449, Luxembourg.

TENARIS is a société anonyme (public limited liability company) organized under the laws of the Grand-Duchy of Luxembourg. Approximately 60.4% of the shares of TENARIS are held by TECHINT HOLDINGS.

 

(e)TENARIS GLOBAL SERVICES AND INVESTMENTS S.À R.L. (“TENARIS GS INVESTMENTS”)

26, Boulevard Royal, 4th Floor, L-2449, Luxembourg.

TENARIS GS INVESTMENTS S.À R.L. is a société à responsabilité limitée (private limited liability company) organized under the laws of the Grand-Duchy of Luxembourg. All of the shares of TENARIS GS INVESTMENTS are held by TENARIS.

 

(f)TECHINT FINANCIAL SERVICES S.L. (Unipersonal) (“TEFIN”)

23 Recoletos St., 3rd floor, Madrid 28001, Spain.

TEFIN is a public limited liability company, organized under the laws of Spain. All of the shares of TEFIN are held by TECHINT HOLDINGS.

 

(h)INVERBAN INVESTMENTS S.L. (Unipersonal) (“INVERBAN”)

23 Recoletos St., 3rd floor, Madrid 28001, Spain.

Uruguayan Branch: Luis A. de Herrera 1248, Tower III, Office 157, WTC, Montevideo (11300), Uruguay.

INVERBAN is a limited liability company organized under the laws of Spain who may act though its branch registered in Montevideo, Republic of Uruguay. All of the shares of INVERBAN are held by TEFIN.

 

The name, residence or business address, present principal occupation or employment (and the name, principal business and address of any corporation or other organization in which such employment is conducted) and citizenship of each voting committee member, executive officer, director or legal representative, as applicable, of each Reporting Person are set forth in Schedule I and is incorporated into this Item 2 by reference.

 

 Page 9 of 29 

 

During the last five years, none of the Reporting Persons, nor, to the knowledge of the Reporting Persons, none of the persons listed on Schedule I has (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to federal or state securities laws or finding any violation with respect to such laws.

 

Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person assumes responsibility for the accuracy or completeness of information given by another Reporting Person.

 

Item 3. Source and Amount of Funds or Other Consideration

 

The events requiring the filing of this Amendment No. 9 did not involve any transfer of funds or any kind of consideration. This filing is due to some minor changes in the composition of the Board of Directors or executive officers, their residence or business address and/or their present principal occupation or employment of some of the Reporting Persons. The name of Tenaris Investments S.À R.L. has been changed to Tenaris Global Services and Investments S.À R.L.

 

There were no changes in the holdings of Ordinary Shares of RP STAK, SAN FAUSTIN, TECHINT HOLDINGS, TENARIS, TENARIS GS INVESTMENTS, TEFIN and INVERBAN since such Reporting Persons filed their most recent Amendment No. 8 to Schedule 13D on March 7th, 2022.

 

Item 4. Purpose of Transaction

 

This filing of the Amendment No. 9 is due to some minor changes in the name of one of the Reporting Persons as well as in the composition of the Board of Directors or executive officers, their residence or business address and/or their present principal occupation or employment, of some of the Reporting Persons.

 

There were no changes in the holdings of Ordinary Shares of RP STAK, SAN FAUSTIN, TECHINT HOLDINGS TENARIS, TENARIS GS INVESTMENTS, TEFIN and INVERBAN since such Reporting Persons filed their most recent Amendment No. 8 to Schedule 13D on March 7th, 2022. RP STAK continues to control SAN FAUSTIN (i.e. it continues to have the ability to influence matters affecting, or submitted to a vote of the shareholders of SAN FAUSTIN, including the election of directors and the approval of certain corporate transactions and other matters concerning SAN FAUSTIN’s policies). Shares representing approximately 65% of SAN FAUSTIN’S votes and 42% of SAN FAUSTIN’S capital are deposited with RP STAK.

 

Item 5. Interest in Securities of the Issuer

 

(a) (b) RP STAK. See items (7) through (11) and (13) on page 2

SAN FAUSTIN. See items (7) through (11) and (13) on page 3

TECHINT HOLDINGS. See items (7) through (11) and (13) on page 4

TENARIS. See items (7) through (11) and (13) on page 5

TENARIS GS INVESTMENTS. See items (7) through (11) and (13) on page 6

TEFIN. See items (7) through (11) and (13) on page 7

INVERBAN. See items (7) through (11) and (13) on page 8

 

Information on Item (13) of each Reporting Person is based on the issued Ordinary Shares of the Issuer.

 

There have been no transactions in Ordinary Shares effected by the Reporting Persons or, to the best of the Reporting Person’s knowledge, any person or entity identified on Schedule I hereto, during the last 60 days.

 

(d)        Not applicable.

 

(e)        Not applicable.

 

 Page 10 of 29 

 

Item 7.Material to Be Filed as Exhibits

 

  Exhibit Description

 

APower of Attorney of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN dated October 31st, 2023.
BPower of Attorney of SAN FAUSTIN S.A. dated September 28th, 2023.
CPower of Attorney of TECHINT HOLDINGS S.à r.l. dated September 28th, 2023.
DPower of Attorney of TENARIS S.A. dated October 3rd, 2023.
EPower of Attorney of TENARIS GLOBAL SERVICES AND INVESTMENTS S.À R.L. dated October 3rd, 2023.
FPower of Attorney of TECHINT FINANCIAL SERVICES S.L. (Unipersonal) dated September 28th, 2023.
GPower of Attorney of INVERBAN INVESTMENTS S.L. (Unipersonal) dated September 28th, 2023.

 

 

 Page 11 of 29 

 

Schedule I

 

ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN

 

MANAGEMENT

 

Manager Residence or business address Present principal occupation Citizenship
Earl Management (Netherlands) B.V. Fascinatio Boulevard 764, 2909 VA Capelle aan den IJssel, The Netherlands Management Company Dutch

 

VOTING COMMITTEE

 

Members Residence or business address Present principal occupation Citizenship
Paolo Rocca (Chairman) Av. Leandro N. Alem 1067, 29th floor, Buenos Aires, Argentina Chairman & CEO of Tenaris S.A. Italian
Gianfelice Rocca Via Monte Rosa 93, 20149 Milan, Italy Chairman of the Board of San Faustin S.A. Italian
Roberto Bonatti Viale Piave 4, 20129 Milan, Italy Director of San Faustin S.A. Italian
Enrico Bonatti 8th Floor, Farringdon Street, London, EC4A 4AB, United Kingdom Director of Tenaris Global Services (UK) Ltd. Swiss
Giovanni Sardagna Gravules-ch 10, 7522 La Punt Chamues-ch, Switzerland Director of Investors’ relations of Tenaris S.A. Italian
Andres Piñeyro Calle Recoletos 23, 3rd floor, 28001 Madrid, Spain President of Meridium S.A. Argentine
Lodovico Rocca Via Monte Rosa 93, 20149 Milan, Italy Vice-president of Techint E&C, Uruguay Italian

 

 

 Page 12 of 29 

 

SAN FAUSTIN S.A.

 

BOARD OF DIRECTORS

 

Name Residence or business address Present principal occupation Citizenship
Gianfelice Rocca Via Monte Rosa 93, 20149 Milan, Italy Chairman of the Board of San Faustin S.A. Italian
Paolo Rocca Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina Chairman  & CEO of Tenaris S.A. Italian
Roberto Bonatti Viale Piave 4, 20129 Milan, Italy Director of San Faustin S.A. Italian
Guido Bonatti Via Donizetti  57, Milan, Italy Financial Advisor Italian
Nicola Drago 2, Ugo Bassi, 20159 Milan, Italy Vice-president of De Agostini SpA Italian
Giorgio Alliata di Montereale Carlos M. Della Paolera 299, 18th floor, Buenos Aires, Argentina Economist Italian
Bob Kneip 33, rue des Puits de Romain, L-8070, Bertrange, Luxembourg Vice-Chairman of Kneip Communication Luxembourg Luxembourgish
Andres Piñeyro Calle Recoletos 23, 3rd floor, 28001 Madrid, Spain President of Meridium S.A. Argentine
Lodovico Rocca Via Monte Rosa 93, 20149 Milan, Italy Vice-president of Techint E&C, Uruguay Italian
Giovanni Sardagna Gravules-ch 10, 7522 La Punt Chamues-ch, Switzerland Director of Investors’ relations of Tenaris S.A. Italian
Paolo Bassetti Strada Principală 216. Copsa Mare, Sibiu 557046, Romania Director of BEPA Investitii Consultor SRL, Bucarest, Romania Italian

 

OFFICERS

 

Name Residence or business address Present principal occupation Citizenship

Chairman of the Board

Gianfelice Rocca

Via Monte Rosa 93, 20149 Milan, Italy Chairman of the Board of San Faustin S.A. Italian

President

Paolo Rocca

Av. Leandro N. Alem 1067, 29th floor, Buenos Aires, Argentina Chairman & CEO of Tenaris S.A. Italian

Vice-president

Giovanni Sardagna

Gravules-ch 10, 7522 La Punt Chamues-ch, Switzerland Director of Investors’ relations of Tenaris S.A. Italian

Secretary of the Board of Directors and Chief Legal Officer

Fernando Jorge Mantilla

Carlos M. Della Paolera 299, 16th floor, Buenos Aires, Argentina Chief Legal Officer of San Faustin S.A. Argentine

Assistant Secretary of the Board of Directors

Mariana Peña-Pinon

26, Boulevard Royal, Ground Floor, L-2449 Luxembourg Legal Manager of San Faustin S.A. French

Chief Financial Officer

Mario O. Lalla

Av. Leandro N. Alem 1067, 28th floor, Buenos  Aires, Argentina Chief Financial Officer of San Faustin S.A. Argentine

General Manager

Diego Fortunato

26, Boulevard Royal, Ground Floor, L-2449 Luxembourg General Manager of San Faustin S.A. Italian

 

 Page 13 of 29 

 

TECHINT HOLDINGS S.à r.l.

 

BOARD OF MANAGERS

 

 

Name Residence or business address Present principal occupation Citizenship

Gianfelice M. Rocca

(Chairman)

Via Monterosa 93, 20149 Milan, Italy Chairman of San Faustin S.A. Italian

Paolo Rocca

(Vice-chairman)

Av. Leandro N. Alem 1067, 29th floor, Buenos Aires, Argentina Chairman & CEO of Tenaris S.A. Italian
Mario O. Lalla Av. Leandro N. Alem 1067, 28th floor, Buenos Aires, Argentina Chief Financial Officer of San Faustin S.A. Argentine
Alain Renard 74, Grand-Rue, L-1660 Luxembourg, Grand Duchy of Luxembourg Member of the Executive Committee of Atalux French
Diego Fortunato 26, Boulevard Royal, Ground Floor, L-2449 Luxembourg General Manager of San Faustin S.A. Italian

 

 Page 14 of 29 

 

TENARIS S.A.

 

BOARD OF DIRECTORS

 

Name Residence or business address Present principal occupation Citizenship
Paolo Rocca Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina Chairman & CEO of Tenaris S.A. Italian
Germán Curá 2200 West Loop South, Suite 800, Houston, Texas, 77027, USA Director and Vice Chairman of the Board of Tenaris S.A. US
Guillermo F. Vogel Hinojosa Campos Eliseos 400 Piso 17, Col. Chapultepec Polanco, Mexico Director and Vice Chairman of the Board of Tenaris S.A. Mexican
Roberto Bonatti Viale Piave 4, 20129 Milan, Italy Director of San Faustin S.A. Italian
Carlos A. Condorelli Av. Leandro N. Alem 1067, 28th floor, Buenos Aires, Argentina Director of Tenaris S.A. and Ternium S.A Argentine
Gianfelice Rocca Via Monte Rosa 93, 20149 Milan, Italy Chairman of the Board of San Faustin S.A. Italian
Jaime Serra Puche 600 Paseo de La Reforma, 1 floor, Plaza de la Reforma Santa Fe Bldg, Mexico Chairman of SAI Derecho & Economia Mexican
Mónica Tiuba 26, Boulevard Royal, 4th Floor, L-2449 Luxembourg Director of Tenaris S.A. and Chairperson of Tenaris Audit Committee Brazilian and Luxembourgish
Simon Ayat 26, Boulevard Royal, 4th Floor, L-2449 Luxembourg Director of Tenaris S.A. French and Lebanese
Maria Novales Flamarique 309 St. Clements Ave, M3R1H3, Toronto (Ontario), Canada Strategy Advisor Canadian, Spanish, and U.S.

 

OFFICERS

 

Name Residence or business address Present principal occupation Citizenship

Chief Executive Officer

Paolo Rocca

Av. Leandro N. Alem 1067, 29th floor, Buenos Aires, Argentina Chairman & CEO of Tenaris S.A. Italian

Chief Financial Officer

Alicia Móndolo

Av. Leandro N. Alem 1067, 25th floor, Buenos Aires, Argentina Chief Financial Officer of Tenaris SA Argentine

Secretary of the Board of Directors

Cecilia Bilesio

Campos Eliseos 400 17th, Col. Chapultepec Polanco, Mexico Secretary of the Board of Directors of Tenaris S.A. Argentine

 

 

 Page 15 of 29 

 

TENARIS GLOBAL SERVICES AND INVESTMENTS S.à r.l.

 

BOARD OF MANAGERS

 

Name Residence or business address Present principal occupation Citizenship

Alicia Móndolo

(Manager B)

Av. Leandro N. Alem 1067, 25th floor, Buenos Aires, Argentina Chief Financial Officer of Tenaris SA Argentine

Stefano Bassi

(Manager A)

26, Boulevard Royal, 4th Floor, L-2449 Luxembourg Manager of Tenaris Global Services and Investments S. à r.l. Italian

Yves Speeckaert

(Manager B)

57 rue de l’Alzette, L-4011 Esch-sur-Alzette,  Luxembourg Independent Director Belgian

 

 

 Page 16 of 29 

 

TECHINT FINANCIAL SERVICES S.L. (Unipersonal)

 

BOARD OF DIRECTORS

 

Name Residence or business address Present principal occupation Citizenship
Mario Osvaldo Lalla Av. Leandro N. Alem 1067, 28th floor, Buenos  Aires, Argentina Chief Financial Officer of San Faustin S.A. Argentine
Andrés Jesús David Echegaray Calle Recoletos 23, 3rd floor, 28001 Madrid, Spain Director of Techint Financial Services S.L. (Unipersonal) Argentine
Gonzalo de Benito Paseo de la Castellana 12, Madrid, Spain Attorney-at-law Spanish

 

OFFICERS

 

Name Residence or business address

Present principal

occupation

Citizenship

President

Mario O. Lalla

Av. Leandro N. Alem 1067, 28th floor, Buenos  Aires, Argentina Chief Financial Officer of San Faustin S.A. Argentine

Secretary

Gonzalo de Benito

Paseo de la Castellana 12, Madrid, Spain Attorney-at-law Spanish

 

 Page 17 of 29 

 

INVERBAN INVESTMENTS S.L. (Unipersonal)

 

BOARD OF DIRECTORS

 

Name Residence or business address Present principal occupation Citizenship
Enrico Bonatti 8th Floor, Farringdon Street, London, EC4A 4AB, United Kingdom Director of Tenaris Global Services (UK) Ltd. Swiss
Diego Fortunato 26, Boulevard Royal, Ground Floor, L-2449 Luxembourg General Manager of San Faustin S.A. Italian
Gonzalo de Benito Paseo de la Castellana 12, Madrid, 28046, Spain Attorney-at-law Spanish
Carlos Macellari Julio Caro Baroja 122 1D, Madrid, 28055, Spain Consultant Argentine

 

OFFICERS

 

Name Residence or business address Present principal occupation Citizenship

President

Enrico Bonatti

8th Floor, Farringdon Street, London, EC4A 4AB, United Kingdom Director of Tenaris Global Services (UK) Ltd. Swiss

Secretary

Gonzalo de Benito

 

Paseo de la Castellana 12, Madrid, 28046, Spain Attorney-at-law Spanish

 

URUGUAYAN BRANCH: LEGAL REPRESENTATIVES

 

Name Residence or business address Present principal occupation Citizenship

Maria Elena Cáccamo

 

Luis A. de Herrera 1248, Tower III, Office 157, WTC, Montevideo (11300) Uruguay Legal representative of Inverban Investments SL – Sucursal Uruguay Argentine
Matías José Ripoll Munho Luis A. de Herrera 1248, Tower III, Office 157, WTC, Montevideo (11300) Uruguay Legal representative of Inverban Investments SL – Sucursal Uruguay Uruguayan

 

 

 Page 18 of 29 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando J. Mantilla, attorney duly authorized by ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN to sign this statement, certify that the information set forth in this statement is true, complete and correct.

 

Pursuant to Rule 13d-1(k)(1), the undersigned joins in the filing of this Amendment No. 9 to Schedule 13D on his own behalf and on behalf of SAN FAUSTIN S.A., TECHINT HOLDINGS S.À R.L., TENARIS S.A., TENARIS GLOBAL SERVICES AND INVESTMENTS S.À R.L., TECHINT FINANCIAL SERVICES S.L. (Unipersonal) and INVERBAN INVESTMENTS S.L. (Unipersonal).

 

November 2nd, 2023

 

 

  /s/ Fernando J. Mantilla
  Attorney-in-fact

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando J. Mantilla, attorney duly authorized by SAN FAUSTIN S.A. to sign this statement, certify that the information set forth in this statement is true, complete and correct.

 

Pursuant to Rule 13d-1(k)(1), the undersigned joins in the filing of this Amendment No. 9 to Schedule 13D on his own behalf and on behalf of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN, TECHINT HOLDINGS S.À R.L., TENARIS S.A., TENARIS GLOBAL SERVICES AND INVESTMENTS S.À R.L., TECHINT FINANCIAL SERVICES S.L. (Unipersonal) and INVERBAN INVESTMENTS S.L. (Unipersonal).

 

November 2nd, 2023

 

 

  /s/ Fernando J. Mantilla
  Attorney-in-fact

 

 Page 19 of 29 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando J. Mantilla, attorney duly authorized by TECHINT HOLDINGS S.À R.L. to sign this statement, certify that the information set forth in this statement is true, complete and correct.

 

Pursuant to Rule 13d-1(k)(1), the undersigned joins in the filing of this Amendment No. 9 to Schedule 13D on his own behalf and on behalf of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN, SAN FAUSTIN S.A., TENARIS S.A., TENARIS GLOBAL SERVICES AND INVESTMENTS S.À R.L., TECHINT FINANCIAL SERVICES S.L. (Unipersonal) and INVERBAN INVESTMENTS S.L. (Unipersonal).

 

November 2nd, 2023

 

 

  /s/ Fernando J. Mantilla
  Attorney-in-fact

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando J. Mantilla, attorney duly authorized by TENARIS S.A. to sign this statement, certify that the information set forth in this statement is true, complete and correct.

 

Pursuant to Rule 13d-1(k)(1), the undersigned joins in the filing of this Amendment No. 9 to Schedule 13D on his own behalf and on behalf of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN, SAN FAUSTIN S.A., TECHINT HOLDINGS S.À R.L., TENARIS GLOBAL SERVICES AND INVESTMENTS S.À R.L., TECHINT FINANCIAL SERVICES S.L. (Unipersonal) and INVERBAN INVESTMENTS S.L. (Unipersonal).

 

November 2nd, 2023

 

 

  /s/ Fernando J. Mantilla
  Attorney-in-fact

 

 

 

 

 Page 20 of 29 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando J. Mantilla, attorney duly authorized by TENARIS GLOBAL SERVICES AND INVESTMENTS S.À R.L. to sign this statement, certify that the information set forth in this statement is true, complete and correct.

 

Pursuant to Rule 13d-1(k)(1), the undersigned joins in the filing of this Amendment No. 9 to Schedule 13D on his own behalf and on behalf of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN, SAN FAUSTIN S.A., TECHINT HOLDINGS S.À R.L., TENARIS S.A., TECHINT FINANCIAL SERVICES S.L. (Unipersonal) and INVERBAN INVESTMENTS S.L. (Unipersonal).

 

November 2nd, 2023

 

  /s/ Fernando J. Mantilla
  Attorney-in-fact

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando J. Mantilla, attorney duly authorized by TECHINT FINANCIAL SERVICES S.L. (Unipersonal) to sign this statement, certify that the information set forth in this statement is true, complete and correct.

 

Pursuant to Rule 13d-1(k)(1), the undersigned joins in the filing of this Amendment No. 9 to Schedule 13D on his own behalf and on behalf of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN, SAN FAUSTIN S.A., TECHINT HOLDINGS S.À R.L., TENARIS S.A., TENARIS GLOBAL SERVICES AND INVESTMENTS S.À R.L. and INVERBAN INVESTMENTS S.L. (Unipersonal).

 

November 2nd, 2023

 

  /s/ Fernando J. Mantilla
  Attorney-in-fact

 

 


 Page 21 of 29 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando J. Mantilla, attorney duly authorized by INVERBAN INVESTMENTS S.L. (Unipersonal) to sign this statement, certify that the information set forth in this statement is true, complete and correct.

 

Pursuant to Rule 13d-1(k)(1), the undersigned joins in the filing of this Amendment No. 9 to Schedule 13D on his own behalf and on behalf of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN, SAN FAUSTIN S.A., TECHINT HOLDINGS S.À R.L., TENARIS S.A., TENARIS GLOBAL SERVICES AND INVESTMENTS S.À R.L. and TECHINT FINANCIAL SERVICES S.L. (Unipersonal).

 

November 2nd, 2023

 

 

  /s/ Fernando J. Mantilla
  Attorney-in-fact

 

 

 

 

 

 

 Page 22 of 29 

 

Exhibit A

 

 

POWER OF ATTORNEY

 

 

 

The undersigned, Jean-Paul Defesche, Director of Earl Management (Netherlands) B.V., a private limited company organized under the laws of the Netherlands, sole Manager of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN, a private foundation (Stichting) organized under the laws of the Netherlands, hereby constitutes and appoints Fernando J. Mantilla, Mario O. Lalla and Diego Fortunato, each of them acting severally, as attorneys or attorney of the undersigned, to sign on its behalf a Statement on Schedule 13G or 13D relating to the Common Stock of TERNIUM S.A., including any agreements attached as exhibits thereto, and to sign any or all amendments to such Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission of the United States of America, granting unto said attorneys or attorney, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, hereby ratifying and confirming all that said attorneys or attorney may lawfully do or cause to be done by virtue hereof.

 

 

By:

 

 

/s/ Jean-Paul Defesche

(on behalf of Earl Management (Netherlands) B.V.)

 

Dated: October 31st, 2023.

 

 

 

 Page 23 of 29 

 

Exhibit B

 

[LETTERHEAD OF SAN FAUSTIN S.A.]

 

 

POWER OF ATTORNEY

 

The undersigned, Alain Renard and Mariana Peña-Pinon, Attorneys-in-fact of SAN FAUSTIN S.A., a company organized under the laws of the Grand Duchy of Luxembourg, hereby constitutes and appoints Fernando J. Mantilla, Mario O. Lalla and Diego Fortunato, each of them acting severally, as attorneys or attorney of the undersigned, to sign on its behalf a Statement on Schedule 13G or 13D relating to the Common Stock of TERNIUM S.A., including any agreements attached as exhibits thereto, and to sign any or all amendments to such Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission of the United States of America, granting unto said attorneys or attorney, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, hereby ratifying and confirming all that said attorneys or attorney may lawfully do or cause to be done by virtue hereof.

 

 

By:

 

 

/s/ Alain Renard

Attorney-in-fact

/s/ Mariana Peña-Pinon

Attorney-in-fact

 

 

 

Dated: September 28th, 2023.

 

 Page 24 of 29 

 

Exhibit C

 

[LETTERHEAD OF TECHINT HOLDINGS S.ÀR.L.]

 

 

POWER OF ATTORNEY

 

 

The undersigned, Alain Renard and Mariana Peña-Pinon, Attorneys-in-fact of TECHINT HOLDINGS S.À R.L., a company organized under the laws of the Grand Duchy of Luxembourg, hereby constitutes and appoints Fernando J. Mantilla, Mario O. Lalla and Diego Fortunato, each of them acting severally, as attorneys or attorney of the undersigned, to sign on its behalf a Statement on Schedule 13G or 13D relating to the Common Stock of TERNIUM S.A., including any agreements attached as exhibits thereto, and to sign any or all amendments to such Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission of the United States of America, granting unto said attorneys or attorney, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, hereby ratifying and confirming all that said attorneys or attorney may lawfully do or cause to be done by virtue hereof.

 

 

By:

 

/s/ Alain Renard

Attorney-in-fact

/s/ Mariana Peña-Pinon

Attorney-in-fact

 

 

Dated: September 28th, 2023.

 Page 25 of 29 

 

Exhibit D

 

[LETTERHEAD OF TENARIS S.A.]

 

 

POWER OF ATTORNEY

 

 

The undersigned, Stefano Bassi and Javier Cayzac, Attorneys-in-fact of Tenaris S.A., a company organized under the laws of the Grand Duchy of Luxembourg, hereby constitutes and appoints Fernando J. Mantilla, Mario O. Lalla and Diego Fortunato, as attorneys or attorney of the undersigned, to sign on its behalf a Statement on Schedule 13G or 13D relating to the Common Stock of TERNIUM S.A., including any agreements attached as exhibits thereto, and to sign any or all amendments to such Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission of the United States of America, granting unto said attorneys or attorney, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, hereby ratifying and confirming all that said attorneys or attorney may lawfully do or cause to be done by virtue hereof.

 

 

By:

/s/ Stefano Bassi

Attorney-in-fact

 

/s/ Javier Cayzac

Attorneys-in-fact

 

 

Dated: October 3rd , 2023.

 

 

 Page 26 of 29 

 

Exhibit E

 

 

[LETTERHEAD OF TENARIS GLOBAL SERVICES AND INVESTMENTS S.ÀR.L.]

 

 

POWER OF ATTORNEY

 

The undersigned, Stefano Bassi and Javier Cayzac as Attorneys-in-fact of Tenaris Global Services and Investments S.àr.l., a company organized under the laws of the Grand Duchy of Luxembourg, hereby constitutes and appoints Fernando J. Mantilla, Mario O. Lalla and Diego Fortunato, as attorneys or attorney of the undersigned, to sign on its behalf a Statement on Schedule 13G or 13D relating to the Common Stock of TERNIUM S.A., including any agreements attached as exhibits thereto, and to sign any or all amendments to such Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission of the United States of America, granting unto said attorneys or attorney, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, hereby ratifying and confirming all that said attorneys or attorney may lawfully do or cause to be done by virtue hereof.

 

 

By:

/s/ Stefano Bassi

 

/s/ Javier Cayzac

Attorney-in-fact Attorney-in-fact

 

 

Dated: October 3rd, 2023.

 

 Page 27 of 29 

 

EXHIBIT F

 

[LETTERHEAD OF TECHINT FINANCIAL SERVICES S.L. (Sociedad Unipersonal)]

 

 

POWER OF ATTORNEY

 

 

The undersigned, Andrés Jesús David Echegaray and Rosana Marcela Garoby, Attorneys-in-fact of Techint Financial Services S.L. (Sociedad Unipersonal), a company organized under the laws of Spain, hereby constitutes and appoints Fernando J. Mantilla, Mario O. Lalla and Diego Fortunato, each of them acting severally, as attorneys or attorney of the undersigned, to sign on its behalf a Statement on Schedule 13G or 13D relating to the Common Stock of TERNIUM S.A., including any agreements attached as exhibits thereto, and to sign any or all amendments to such Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission of the United States of America, granting unto said attorneys or attorney, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, hereby ratifying and confirming all that said attorneys or attorney may lawfully do or cause to be done by virtue hereof.

 

By:

 

/s/ Andrés Jesús David Echegaray

Attorney-in-fact

 

 

/s/ Rosana Marcela Garoby

Attorney-in-fact

 

 

Dated: September 28th, 2023.

 Page 28 of 29 

 

EXHIBIT G

 

[LETTERHEAD OF INVERBAN INVESTMENTS S.L. (Sociedad Unipersonal)]

 

 

POWER OF ATTORNEY

 

 

The undersigned Andrés Jesús David Echegaray and Rosana Marcela Garoby, Attorneys-in-fact of Inverban Investments S.L. (Sociedad Unipersonal), a company organized under the laws of Spain, hereby constitutes and appoints Fernando J. Mantilla, Mario O. Lalla and Diego Fortunato, each of them acting severally, as attorneys or attorney of the undersigned, to sign on its behalf a Statement on Schedule 13G or 13D relating to the Common Stock of TERNIUM S.A., including any agreements attached as exhibits thereto, and to sign any or all amendments to such Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission of the United States of America, granting unto said attorneys or attorney, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, hereby ratifying and confirming all that said attorneys or attorney may lawfully do or cause to be done by virtue hereof.

 

 

By:

/s/ Andres Jesús David Echegaray

Attorney-in-fact

 

/s/ Rosana Marcela Garoby

Attorney-in-fact

 

 

Dated: September 28th, 2023.

 

 

 

Page 29 of 29