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 the world's leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 18 countries. In 2019, ArcelorMittal had revenues of $70.6 billion and crude steel production of 89.8 million metric tonnes, while iron ore production reached 57.1 million metric tonnes. Our goal is to help build a better world with smarter steels. 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 electric vehicles and 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. This is what we believe it takes to be the steel company of the future. 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). For more information about ArcelorMittal please visit: http://corporate.arcelormittal.com/

http://corporate.arcelormittal.com/
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