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v3.24.1

RELATED-PARTY TRANSACTIONS (Tables) | 12 Months Ended
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Dec. 31, 2023
RELATED-PARTY TRANSACTIONS |
Schedule of intercompany loans | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ | ​ | ​ | ​
Liabilities | ​ | ​ | ​ | ​ | ​ | ​
Joint ventures | ​ | Maturity |  | 2023 |  | 2022
Bradley Steel Processors Inc. | ​ | August 1, 2024 | ​ | (24,992) | ​ | (24,890)
​ | ​ | ​ | ​ | (24,992) | ​ | (24,890)
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |  | 2021
Net financial (expense) income |  | — |  | (199) |  | 6,089
Summary of guarantees granted | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | Original | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Related Party |  | Relationship |  | Object |  | Amount |  | Maturity |  | 2023 |  | 2022 |  | 2021
Gerdau Aços Longos S.A | ​ | Subsidiary | ​ | Financing Agreements | ​ | 437 | ​ | Jan-24 | ​ | 437 | ​ | — | ​ | —
Gerdau Aços Longos S.A and Gerdau Açominas S.A | ​ | Subsidiary | ​ | Commercial Contract | ​ | 59,644 | ​ | Mar-24 | ​ | 63,024 | ​ | 50,644 | ​ | —
Gerdau Aços Longos S.A and Gerdau Açominas S.A | ​ | Subsidiary | ​ | Commercial Contract | ​ | 35,451 | ​ | Mar-24 | ​ | 35,451 | ​ | 33,550 | ​ | —
Gerdau Aços Longos S.A. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 150,000 | ​ | apr/24 | ​ | 150,000 | ​ | — | ​ | —
Gerdau Açominas S.A. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 400,000 | ​ | Nov-24 | ​ | 400,000 | ​ | 400,000 | ​ | —
Gerdau Aços Longos S.A. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 400,000 | ​ | Nov-24 | ​ | 400,000 | ​ | 400,000 | ​ | —
Gerdau Açominas S.A. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 375,000 | ​ | may/25 | ​ | 375,000 | ​ | — | ​ | —
Gerdau Aços Longos S.A. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 375,000 | ​ | may/25 | ​ | 375,000 | ​ | — | ​ | —
Gerdau Aços Longos S.A. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 400,000 | ​ | Nov-25 | ​ | 400,000 | ​ | 400,000 | ​ | 400,000
Gerdau Corsa S.A.P.I. de C.V. | ​ | Joint Venture | ​ | Financing Agreements | ​ | 591,588 | ​ | sep/26 | ​ | 648,322 | ​ | 629,255 | ​ | 2,157,290
Gerdau Trade Inc. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 4,730,775 | ​ | sep27 | ​ | — | ​ | — | ​ | —
Gerdau Trade Inc. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 2,056,535 | ​ | oct/27 | ​ | 2,064,877 | ​ | 2,225,417 | ​ | 2,771,455
GUSAP III LP. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 2,100,600 | ​ | Jan-30 | ​ | 2,410,967 | ​ | 2,598,415 | ​ | 2,790,250
Gerdau Ameristeel US Inc. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 103,505 | ​ | oct/37 | ​ | 246,906 | ​ | 266,103 | ​ | 284,606
Gerdau Aços Longos S.A. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 12,834 | ​ | Jun-38 | ​ | 12,216 | ​ | 12,216 | ​ | 12,516
GUSAP III LP. | ​ | Subsidiary | ​ | Financing Agreements | ​ | 1,117,100 | ​ | apr/44 | ​ | 2,328,873 | ​ | 2,509,938 | ​ | 2,790,250
Schedule of changes in Restricted and Performance Shares with key management | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |  | 2021
Available at beginning of the year |  | 3,415,166 |  | 3,712,436 | ​ | 6,456,248
Granted |  | 2,705,702 | ​ | 840,496 | ​ | 709,990
Exercised |  | (938,953) | ​ | (1,135,503) | ​ | (3,453,802)
Cancelled | ​ | (404,922) | ​ | (2,262) | ​ | —
Share Bonus | ​ | 168,859 | ​ | — | ​ | —
Available at the end of the year |  | 4,945,852 | ​ | 3,415,166 | ​ | 3,712,436

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