BUILDING EARNINGS POWER FOR THE NEXT UP-CYCLE

JANUARY 28, 2014

$8 BILLION OF CAPITAL INVESTED Capital Spending of $4.4 billion & Acquisitions

of $3.6 billion

CAPITAL SPENDING = 55%

ACQUISITIONS = 45%

2008-2013 CAPITAL INVESTED

2

BROAD RANGE OF STRATEGIC INVESTMENTS BUILDING NUCOR’S LONG-TERM EARNINGS POWER

3

2008-2013 CAPITAL INVESTED ($ MILLIONS)

STEEL MILLS

BARS

MEMPHIS SBQ MILL (2008-13) $350

DARLINGTON ROD MILL (2012-13) $99

CONNECTICUT REHEAT FURNACE (2012-13) $23

NEBRASKA SBQ ROLLING MILL UPGRADE (2012-13) $16

4

AMOUNTS NOT NECESSARILY PROJECT TOTALS – ONLY INCLUDES $s INVESTED OVER 2008-2013 PERIOD

2008-2013 CAPITAL INVESTED ($ MILLIONS)

STEEL MILLS

BEAMS & PILING

SKYLINE ACQUISITION (2012) $675

NUCOR-YAMATO SHEET PILING PRODUCT RANGE EXPANSION (2012-13)

$92

5

AMOUNTS NOT NECESSARILY PROJECT TOTALS – ONLY INCLUDES $s INVESTED OVER 2008-2013 PERIOD

2008-2013 CAPITAL INVESTED ($ MILLIONS)

STEEL MILLS

PLATE

HERTFORD COUNTY HEAT TREAT FACILITY (2009-10) $70

HERTFORD COUNTY NORMALIZING LINE (2012-13) $38

HERTFORD COUNTY DRI HANDLING (2012-13) $21

HERTFORD COUNTY VACUUM TANK DEGASSER (2011-12)

$17

TUSCALOOSA 2nd LMF (2011-12) $12

6

AMOUNTS NOT NECESSARILY PROJECT TOTALS – ONLY INCLUDES $s INVESTED OVER 2008-2013 PERIOD

2008-2013 CAPITAL INVESTED ($ MILLIONS)

STEEL MILLS

SHEET

NUMIT SHEET STEEL PROCESSING J.V. ACQ. (2010) $221

DECATUR GALVANIZING FACILITY (2008-09) $126

BERKELEY COUNTY WIDE-LIGHT (2012-13) $86

HICKMAN VACUUM TANK DEGASSER (2012-13) $33

CRAWFORDSVILLE DRI HANDLING (2012-13) $22

BERKELEY COUNTY DRI HANDLING (2012-13) $18

7

AMOUNTS NOT NECESSARILY PROJECT TOTALS – ONLY INCLUDES $s INVESTED OVER 2008-2013 PERIOD

2008-2013 CAPITAL INVESTED ($ MILLIONS)

STEEL MILLS

INTERNATIONAL

DUFERDOFIN J.V. IN ITALY (BEAMS & BARS) (2008) $671

8

2008-2013 CAPITAL INVESTED ($ MILLIONS)

RAW MATERIALS & ENERGY

DAVID J. JOSEPH ACQUISITION (2008) $1,440

LOUISIANA DRI FACILITY (2009-13) $739

NATURAL GAS DRILLING & MIDSTREAM ASSETS (2009-13)

$616

DAVID J. JOSEPH BOLT-ON ACQUISITIONS (2008-12) $300

TRINIDAD DRI FACILITY EXPANSION (2011) $15

9

AMOUNTS NOT NECESSARILY PROJECT TOTALS – ONLY INCLUDES $s INVESTED OVER 2008-2013 PERIOD

2008-2013 CAPITAL INVESTED ($ MILLIONS)

DOWNSTREAM PRODUCTS

HARRIS STEEL REBAR FABRICATION BOLT-ON ACQUISITIONS (2008-12)

$211

10

NUCOR’S FOCUS = GENERATE ATTRACTIVE RETURNS

11

NUCOR’S ROIC PERFORMANCE

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013-3.0%

2.0%

7.0%

12.0%

17.0%

22.0%

27.0%

32.0%

37.0%ROIC = EBIT X (1-.35) / (NET PP&E + WORKING CAPITAL)

12

2004-2013 AVG = 15.5%

“GREAT RECESSION”

UP-CYCLE

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013$0

$600

$1,200

$1,800

$2,400

UP-CYCLE

Cash From Operations 2004-2013

(millions of dollars)

13

“GREAT RECESSION”

14

CASH DIVIDENDS PAID 2004 – 2013 Base & Supplemental Dividends (dollars per share)

$0.00

$0.50

$1.00

$1.50

$2.00

$2.50

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Base Supplemental

Approx. $5/share in total supplemental dividends from 2005 to 2008

“GREAT RECESSION”

41 CONSECUTIVE YEARS OF INCREASED CASH DIVIDENDS

UP-CYCLE