ArcelorMittal announces the completion of its US$1 billion share buyback program

ArcelorMittal (the ‘Company’) today announces that it has completed the US$1 billion share buyback program it announced on 5 May 2022 under the authorization given by the annual general meeting of shareholders of 4 May 2022.

By market close on 8 June 2022, ArcelorMittal had repurchased 33,349,597 shares for a total value of €942,577,580.32 (equivalent to US$999,999,973.97) at an approximate average price per share of €28.26. All details are available on the Company’s website at: https://corporate.arcelormittal.com/investors/equity-investors/share-buyback-program