Ann: Appendix 4C - quarterly, page-9

Hi MrG,

You probably should have added the whole section rather than just that part.

History of innovation
Gerdau has been researching graphene for four years. In 2019, it entered into a partnership with the Graphene Engineering Innovation Centre (GEIC) at the University of Manchester, UK, to conduct research on graphene. At the time, the company joined a select global group of companies with exclusive space for research at the center, one of the global references on the subject.
To start a business unit with a strategic positioning and a broad reach, Gerdau Graphene already has strategic alliances with major graphene developers. In the Brazilian market, it has strategic partnerships in the automotive sector with Baterias Moura and SKF do Brasil to develop applications in energy storage, rubber products, composites and paints.