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Cleveland-Cliffs and Its Employees Donate to Address Food Insecurity in more than 45 Communities Across North America

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Cleveland-Cliffs Inc. (NYSE: CLF) recently conducted its third annual Souper Bowl Food Drive, collecting 240,000 pounds of non-perishable food. The company and its foundation donated a total of $500,000 to over 48 food distribution organizations, expected to provide more than 5.2 million meals to communities in the U.S. and Canada. Cleveland-Cliffs has committed $2.5 million over the last three years to combat food insecurity, reflecting its social responsibility efforts. As a leading steel producer and a significant employer in North America, the company emphasizes its role in addressing community needs.

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  • Collected 240,000 pounds of non-perishable food in the Souper Bowl Food Drive.
  • Donated $500,000 to over 48 food distribution organizations, able to provide more than 5.2 million meals.
  • Committed $2.5 million over three years to combat food insecurity.
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CLEVELAND--(BUSINESS WIRE)-- Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it continues to address food insecurity as one of its key areas of social responsibility. The Company held its third annual Souper Bowl Food Drive across all of its operations earlier this year and collected 240,000 pounds of non-perishable food items. In conjunction with the food donations, Cleveland-Cliffs and The Cleveland-Cliffs Foundation have also made cash contributions totaling $500,000 to more than 48 food distribution organizations in the local communities where the Company operates throughout the United States and Canada. The $500,000 donated by Cleveland-Cliffs and The Cleveland-Cliffs Foundation is estimated to provide more than 5.2 million meals, which is based on guidance from hunger relief organizations in the United States.

Cleveland-Cliffs’ Chairman, President and Chief Executive Officer, Lourenco Goncalves, said, “We recognize that food insecurity remains a common concern in communities across the United States. As a leader in the North American steel industry and a prominent employer in the regions where we operate, we believe that Cleveland-Cliffs has an important role to play in addressing this need. Cleveland-Cliffs has shown its commitment to address the problem by donating more than $2.5 million over the past three years to organizations working with individuals and families who are food insecure. In addition to the efforts of the Company itself, our employees have once again shown their generosity by donating a remarkable 240,000 pounds of non-perishable food items during our annual food drive.”

About Cleveland-Cliffs Inc.

Cleveland-Cliffs is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, Cliffs also is the largest manufacturer of iron ore pellets in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. Cleveland-Cliffs is the largest supplier of steel to the automotive industry in North America and serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Headquartered in Cleveland, Ohio, Cleveland-Cliffs employs approximately 27,000 people across its operations in the United States and Canada.

MEDIA CONTACT:

Patricia Persico

Senior Director, Corporate Communications

(216) 694-5316

INVESTOR CONTACT:

James Kerr

Manager, Investor Relations

(216) 694-7719

Source: Cleveland-Cliffs Inc.

FAQ

What recent charitable activity did Cleveland-Cliffs Inc. engage in?

Cleveland-Cliffs Inc. held its third annual Souper Bowl Food Drive, collecting 240,000 pounds of non-perishable food.

How much money did Cleveland-Cliffs donate to food insecurity efforts?

Cleveland-Cliffs and its foundation donated a total of $500,000 to food distribution organizations.

How many meals will Cleveland-Cliffs' donations provide?

The donations are estimated to provide more than 5.2 million meals.

What has Cleveland-Cliffs done to address food insecurity in the last three years?

Cleveland-Cliffs has committed $2.5 million to organizations addressing food insecurity.

Cleveland-Cliffs Inc.

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Steel
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United States of America
CLEVELAND