Commercial Metals Co

During the quarter, CMC repurchased 383,333 shares of common stock valued at $26.7 million in the aggregate.

SEC original ↗Commercial Metals Co — Earnings release (8-K exhibit)EX-99Oct 15, 2026

As of August 31, 2026, $702.1 million remained available under the current share repurchase authorization.

SEC original ↗Commercial Metals Co — Earnings release (8-K exhibit)EX-99Oct 15, 2026

On October 13, 2026, the board of directors declared a quarterly dividend of $0.20 per share of CMC common stock payable to stockholders of record on October 28, 2026.

SEC original ↗Commercial Metals Co — Earnings release (8-K exhibit)EX-99Oct 15, 2026

The dividend, to be paid on November 11, 2026, will mark the 248 th consecutive quarterly payment by the Company.

SEC original ↗Commercial Metals Co — Earnings release (8-K exhibit)EX-99Oct 15, 2026

1 Net leverage adjusted for acquisitions is a non-GAAP financial measure and is defined as net debt divided by modified consolidated EBITDA, both of which are also non-GAAP financial measures.

SEC original ↗Commercial Metals Co — Earnings release (8-K exhibit)EX-99Oct 15, 2026

Net debt is calculated as total debt minus cash and cash equivalents.

SEC original ↗Commercial Metals Co — Earnings release (8-K exhibit)EX-99Oct 15, 2026

We also established a clear roadmap to fiscal 2029, setting ambitious and achievable targets with a focus on delivering long-term shareholder value, said Peter Matt, President and Chief Executive Officer.

SEC original ↗Commercial Metals Co — Earnings release (8-K exhibit)EX-99Oct 15, 2026

With backlogs near record levels, a differentiated portfolio of solutions, and multiple value creation levers, we are well-positioned to deliver strong financial results and achieve our strategic goals in fiscal 2027.

SEC original ↗Commercial Metals Co — Earnings release (8-K exhibit)EX-99Oct 15, 2026

Consolidated core EBITDA for the fiscal fourth quarter increased 35.1% year-over-year to $393.7 million, while core EBITDA margins expanded 100 basis points to 14.8%, driven by metal margin expansion and the inclusion of the higher-margin precast business.

SEC original ↗Commercial Metals Co — Earnings release (8-K exhibit)EX-99Oct 15, 2026

Relative to the fiscal third quarter, 11.3% core EBITDA growth was led by the North America Steel Group, where stronger margins and volume growth drove 60 basis points of core EBITDA margin expansion.

SEC original ↗Commercial Metals Co — Earnings release (8-K exhibit)EX-99Oct 15, 2026

Our focus remains on delivering profitable growth, improving free cash flow generation, enhancing shareholder returns, and, above all, continuing to advance our strategic agenda for a stronger CMC.

SEC original ↗Commercial Metals Co — Earnings release (8-K exhibit)EX-99Oct 15, 2026

Improved trade policies via the (CMC Fourth Quarter Fiscal 2026 - 4) EU Carbon Border Adjustment Mechanism ( CBAM ) as well as the tariff-rate quota ( TRQ ) system implemented July 1, 2026 are supporting a more constructive operating environment.

SEC original ↗Commercial Metals Co — Earnings release (8-K exhibit)EX-99Oct 15, 2026

Modified consolidated EBITDA is calculated as adjusted EBITDA for the trailing 12-month period, adjusted to (a) eliminate the impact of approximately $15.4 million of interest expense related to the judgment in the Pacific Steel Group litigation, (b) eliminate actual results from the precast business since the respective acquisition dates and (c) include $212 million of annualized EBITDA contribution from the precast business.

SEC original ↗Commercial Metals Co — Earnings release (8-K exhibit)EX-99Oct 15, 2026

The adjustment Litigation expense represents a provision recorded in the three months ended November 30, 2024 related to the judgment in the Pacific Steel Group litigation and, with respect to subsequent periods, primarily represents interest expense on the judgment amount.

SEC original ↗Commercial Metals Co — Earnings release (8-K exhibit)EX-99Oct 15, 2026

Modified consolidated EBITDA is calculated as adjusted EBITDA for the applicable trailing 12-month period, adjusted to (a) eliminate the impact of the judgment in the Pacific Steel Group litigation and interest expense related to the judgment amount, (b) eliminate actual results from the precast business since the respective acquisition dates and (c) include an estimate of annualized EBITDA contribution from the precast business, which is $245 million for the Post Precast Closing, Q2 26 and Q3 26 figures and $212 million for the Q4 26 figure.

SEC original ↗Commercial Metals Co — Presentation / slide deck (8-K exhibit)EX-99Oct 15, 2026

Adjusted earnings also excludes litigation expense, unrealized (gain) loss on undesignated commodity hedges and acquisition, integration and financing related costs, amortization of acquired contract backlog and purchase accounting effect on inventory.

SEC original ↗Commercial Metals Co — Presentation / slide deck (8-K exhibit)EX-99Oct 15, 2026

Core EBITDA also excludes litigation expense, settlement for New Market Tax Credit transactions, non-cash stock-based compensation, loss on debt extinguishments, gains on sale of assets, acquisition settlements, acquisition and integration related costs, and purchase accounting effect on inventory.

SEC original ↗Commercial Metals Co — Presentation / slide deck (8-K exhibit)EX-99Oct 15, 2026