CMC

As of May 31, 2026, the U.S. dollar equivalent of the Company's total gross foreign currency exchange contract commitments increased $44.4 million, or 16%, compared to August 31, 2025. This increase was primarily due to forward contracts denominated in the Euro with a Polish zloty functional currency, which increased $20.9 million as of May 31, 2026, compared to August 31, 2025, as well as forward contracts denominated in the Polish zloty with a U.S. dollar functional currency, which increased $19.0 million as of May 31, 2026, compared to August 31, 2025. As of May 31, 2026, the Company's total commodity contract commitments increased $71.5 million, or 16%, compared to August 31, 2025, primarily due to a $93.7 million increase related to copper commodity commitments, partially offset by a $21.6 million decrease related to electricity commodity commitments. There have been no other material changes to the information set forth in Part II, Item 7A, Quantitative and Qualitative Disclosures about Market Risk, included in our 2025 Form 10-K.

• A jury found CMC liable for antitrust violations related to an exclusivity agreement for steel mill equipment, awarding PSG $110M, which the court trebled.
• CMC recorded $358.5M in litigation expense in the nine months ended May 31, 2025, covering the judgment, attorneys' fees, costs, and post-judgment interest.
• An additional $11.6M in expense was recorded in the nine months ended May 31, 2026, primarily for post-judgment interest on the PSG judgment.
• CMC filed an appeal on October 24, 2025, after a post-trial motion for a new trial was denied, and intends to vigorously seek to overturn the verdict.
• A second PSG lawsuit alleging below-cost bidding on rebar projects seeks approximately $29M in lost profits, subject to trebling; no liability has been recorded as a loss is not deemed probable.
• No material environmental proceedings were disclosed for this period under the company's $1M monetary sanction threshold.

There were no material changes to the risk factors previously disclosed in Part I, Item 1A, Risk Factors, of our 2025 Form 10-K. 49 Table of Contents