BlackRock Inc. shareholding notification

Rhea-AI Summary

On May 23, 2022, ArcelorMittal announced that it received a shareholding notification from BlackRock Inc., indicating an increase in voting rights to 5.27% as of May 18, 2022. This change in shareholding exceeds the 5% voting rights threshold and complies with Luxembourg's transparency regulations. Detailed information can be found on the Luxembourg Stock Exchange's OAM database and the Company's website.

Positive

• BlackRock Inc. increased its shareholding to 5.27%, indicating confidence in the company.

Negative

• None.

24 May 2022, 17:45 CET

ArcelorMittal (the ‘Company’) announces that on 23 May 2022 it received a shareholding notification from BlackRock Inc. According to the notification, the following threshold of (potential) voting rights was reached:

- increase to 5.27% on 18 May 2022.

This notification is available in the Luxembourg Stock Exchange’s OAM electronic database on www.bourse.lu and on the Company’s website corporate.arcelormittal.com under ‘Investors - Corporate Governance - Shareholding structure’.

This notification is published in reference to the Luxembourg law and the Grand Ducal regulation of 11 January 2008, on transparency requirements for issuers of securities (‘Transparency Law’) in view of a shareholding notification going above or below the 5% of voting rights threshold.

ENDS

About ArcelorMittal

ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 16 countries. In 2021, ArcelorMittal had revenues of $76.6 billion and crude steel production of 69.1 million metric tonnes, while iron ore production reached 50.9 million metric tonnes.

Our purpose is to produce ever smarter steels that have a positive benefit 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 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/

Contact information ArcelorMittal Investor Relations
General	+44 20 7543 1128
Retail	+44 20 3214 2893
SRI	+44 20 3214 2801
Bonds/Credit E-mail	+33 171 921 026 investor.relations@arcelormittal.com
Contact information ArcelorMittal Corporate Communications
Paul Weigh Tel: E-mail:	+44 20 3214 2419 press@arcelormittal.com

FAQ

What did ArcelorMittal announce on May 23, 2022?

ArcelorMittal announced that BlackRock Inc. increased its voting rights to 5.27% as of May 18, 2022.

What is the significance of BlackRock Inc.'s shareholding increase in ArcelorMittal?

The increase to 5.27% exceeds the 5% voting rights threshold, showing increased investor confidence.

Where can I find more information about ArcelorMittal's shareholding structure?

More information can be found on the Luxembourg Stock Exchange's OAM database and ArcelorMittal's corporate website.

What is the stock symbol for ArcelorMittal?

The stock symbol for ArcelorMittal is MT.