The Annual General Meeting and Extraordinary General Meeting (‘General Meetings’) of shareholders of ArcelorMittal (‘the Company’) held today in Luxembourg approved all resolutions by a strong majority.

Over 75% of the voting rights were represented at the General Meetings. The detailed results of the votes will be posted shortly on www.arcelormittal.com under ‘Investors > Equity Investors > Shareholders’ meetings > General Meetings of shareholders, 2 May 2023’ where the full documentation regarding the General Meetings is available.

In particular, the shareholders:

  • Approved the distribution of a dividend of US$0.44 per share;
  • Re-elected Mr. Lakshmi N. Mittal, Mr. Aditya Mittal, Mr. Etienne Schneider and elected Mrs. Patricia Barbizet as directors of ArcelorMittal, for a term of three years each;
  • Approved the decision to cancel shares and to consequently reduce the issued share capital following the cancellation of shares repurchased under its share buyback program as required.

About ArcelorMittal

ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 15 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India. ArcelorMittal sells its products to a diverse range of customers including the automotive, engineering, construction and machinery industries, and in 2024 generated revenues of $62.4 billion, produced 57.9 million metric tonnes of crude steel and, 42.4 million tonnes of iron ore. Our purpose is to produce smarter steels for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for the renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change. ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

http://corporate.arcelormittal.com/
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