18 May 2022, 11:30 CET

ArcelorMittal (‘the Company’) announces that 60 million treasury shares have been cancelled to keep the number of treasury shares the Company holds within appropriate levels. This cancellation takes into account shares already purchased under the US$1 billion share buyback announced on 5 May 2022.

As a result of this cancellation, ArcelorMittal will have 877,809,772 shares in issue (compared to 937,809,772 before the cancellation).

Details on share buyback programs can be found at: https://corporate.arcelormittal.com/investors/equity-investors/share-buyback-program.

With reference to article 14 of the Luxembourg law and the Grand Ducal regulation of 11 January 2008, on transparency requirements for issuers of securities (‘Transparency Law’), the total number of the Company’s voting rights and capital is available in the Luxembourg Stock Exchange’s electronic database OAM on www.bourse.lu and on the company’s website under ‘Investors – Corporate Governance – Shareholding structure’.

ENDS

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