837 961 831, or 53.68% of the Company's share capital, were present or represented at the meeting. The results of the votes will be posted in due course on www.arcelormittal.com under "Investors and Shareholders > Annual General Meeting – 10 May 2011."

In particular, the shareholders elected Mr. Bruno Lafont, Chairman and Chief Executive Officer of Lafarge, a leading construction materials company listed on Euronext Paris and the New York Stock Exchange, as a new independent director member of ArcelorMittal's Board of Directors. The AGM also re-elected Mr. Lakshmi N. Mittal, Mr. Lewis B. Kaden, Mr. Antoine Spillmann and H.R.H Prince Guillaume de Luxembourg as members of the Board. All directors serve for a term of three years.

In addition, the AGM approved the implementation of the new Restricted Share Unit Plan and Performance Share Unit Plan 2011-2020 under which grants may be made in accordance with the terms and conditions of the plans to qualifying members of the Company's senior management in relation to fiscal year 2011 instead of stock option grants.

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).

http://corporate.arcelormittal.com/
View all Press Releases