ArcelorMittal hereby announces that Malay Mukherjee has stepped down from the Board of Directors in order to pursue other interests.

Mr. Mukherjee joined the board in May 2008 after a long and distinguished career in ArcelorMittal's senior management, latterly as a member of the Group Management Board with responsibility for Asia, Africa, the CIS, Mining and Technology.

Mr Lakshmi N. Mittal, Chairman and Chief Executive, ArcelorMittal, said: "Mr Mukherjee has been an exceptional member of ArcelorMittal, first as a highly regarded senior executive and over the past year as a member of the Board of Directors. We will miss his wisdom and advice, but wish him all the best for the future."

Mr Mukherjee added: "ArcelorMittal is a great company and one that I will always feel a part of. I wish the company every success in the future and have no doubt that it will continue to go from strength to strength."

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 2023 generated revenues of $68.3 billion, produced 58.1 million metric tonnes of crude steel and, 42.0 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).
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