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DIMENSIONAL FUND ADVISORS LP
> GGB
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | GERDAU S.A. | GGB | 13,983,189 | -278,256 | 72,999,723,000 | 2,676,466,000 | $5,220.53 |
| 03/31/2023 | GERDAU S.A. | GGB | 14,261,445 | 871,743 | 70,323,257,000 | 70,249,062,000 | $4,931.01 |
| 12/31/2022 | GERDAU S.A. | GGB | 13,389,702 | 1,034,363 | 74,195,000 | 18,385,000 | $5.54 |
| 09/30/2022 | GERDAU S.A. | GGB | 12,355,339 | 1,291,783 | 55,810,000 | 8,323,000 | $4.52 |
| 06/30/2022 | GERDAU S.A. | GGB | 11,063,556 | 20,895 | 47,487,000 | -23,507,000 | $4.29 |
| 03/31/2022 | GERDAU S.A. | GGB | 11,042,661 | 734,515 | 70,994,000 | 20,293,000 | $6.43 |
| 12/31/2021 | GERDAU S.A. | GGB | 10,308,146 | 1,113,657 | 50,701,000 | 5,489,000 | $4.92 |
| 09/30/2021 | GERDAU S.A. | GGB | 9,194,489 | 1,299,676 | 45,212,000 | -1,397,000 | $4.92 |
| 06/30/2021 | GERDAU S.A. | GGB | 7,894,813 | -1,792,339 | 46,609,000 | 1,354,000 | $5.90 |
| 12/31/2020 | GERDAU S.A. | GGB | 9,687,152 | -2,029,023 | 45,255,000 | 1,993,000 | $4.67 |
| 09/30/2020 | GERDAU S.A. | GGB | 11,716,175 | -878,073 | 43,262,000 | 6,021,000 | $3.69 |
| 06/30/2020 | GERDAU S.A. | GGB | 12,594,248 | -445,669 | 37,241,000 | 12,356,000 | $2.96 |
| 03/31/2020 | GERDAU S.A. | GGB | 13,039,917 | -1,151,705 | 24,885,000 | -44,659,000 | $1.91 |
| 12/31/2019 | GERDAU S.A. | GGB | 14,191,622 | -1,693,961 | 69,544,000 | 19,533,000 | $4.90 |
| 09/30/2019 | GERDAU S.A. | GGB | 15,885,583 | -486,956 | 50,011,000 | -13,665,000 | $3.15 |
| 06/30/2019 | GERDAU S.A. | GGB | 16,372,539 | -5,250 | 63,676,000 | 156,000 | $3.89 |
| 03/31/2019 | GERDAU S.A. | GGB | 16,377,789 | -54,884 | 63,520,000 | 1,720,000 | $3.88 |
| 12/31/2018 | GERDAU S.A. | GGB | 16,432,673 | -706,830 | 61,800,000 | -10,384,000 | $3.76 |
| 09/30/2018 | GERDAU S.A. | GGB | 17,139,503 | -710,634 | 72,184,000 | 8,966,000 | $4.21 |
| 06/30/2018 | GERDAU S.A. | GGB | 17,850,137 | -2,168,955 | 63,218,000 | -30,071,000 | $3.54 |
| 03/31/2018 | GERDAU S.A. | GGB | 20,019,092 | -163,671 | 93,289,000 | 18,186,000 | $4.66 |
| 12/31/2017 | GERDAU S.A. | GGB | 20,182,763 | -2,465,339 | 75,103,000 | -2,560,000 | $3.72 |
| 09/30/2017 | GERDAU S.A. | GGB | 22,648,102 | -1,052,025 | 77,663,000 | 5,382,000 | $3.43 |
| 06/30/2017 | GERDAU S.A. | GGB | 23,700,127 | -1,141,505 | 72,281,000 | -13,381,000 | $3.05 |
| 03/31/2017 | GERDAU S.A. | GGB | 24,841,632 | -270,392 | 85,662,000 | 6,770,000 | $3.45 |
| 12/31/2016 | GERDAU S.A. | GGB | 25,112,024 | -1,007,457 | 78,892,000 | 7,840,000 | $3.14 |
| 09/30/2016 | GERDAU S.A. | GGB | 26,119,481 | 178,461 | 71,052,000 | 23,863,000 | $2.72 |
| 06/30/2016 | GERDAU S.A. | GGB | 25,941,020 | -649,690 | 47,189,000 | -156,000 | $1.82 |
| 03/31/2016 | GERDAU S.A. | GGB | 26,590,710 | 4,535,046 | 47,345,000 | -150,911,000 | $1.78 |
| 12/31/2015 | GERDAU S.A. | GGB | 26,763,809 | 450,974 | 32,112,000 | -61,309,000 | $1.20 |
| 09/30/2015 | GERDAU S.A. | GGB | 27,137,484 | 824,649 | 37,208,000 | -56,213,000 | $1.37 |
| 06/30/2015 | GERDAU S.A. | GGB | 28,010,075 | 1,697,240 | 67,551,000 | -25,870,000 | $2.41 |
| 03/31/2015 | GERDAU S.A. | GGB | 26,714,622 | 401,787 | 85,484,000 | -7,937,000 | $3.20 |
| 12/31/2014 | GERDAU S.A. | GGB | 26,312,835 | 4,257,171 | 93,421,000 | -104,835,000 | $3.55 |
| 09/30/2014 | GERDAU S.A. | GGB | 27,090,928 | 190,370 | 130,052,000 | -28,405,000 | $4.80 |
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