Company: MT
Filing Date: 2025-03-10
Form Type: 20-F
Source: 0001243429-25-000017
Chunk: 499

Company: ArcelorMittal
Filing Date: 2025-03-10
Form: 20-F
Chunk 499
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 stake in ArcelorMittal Texas HBI (see note 2.2.4). 5. ArcelorMittal holds a 50% controlling interest in Finocas NV ("FInocas"). ArcelorMittal controls Finocas on the basis of a shareholders’ agreement which includes deadlock arrangements in favor of the Company. As from January 1, 2051, the Flemish Region has the right to acquire the 50% interest held in Finocas by the Company at a price equivalent to the fair market value of the shares on that date as determined by an independent expert if a capital decrease requested by any of the shareholders is not approved by the general meeting of shareholders. The tables below provide summarized statements of financial position for the above-mentioned subsidiaries as of December 31, 2024

and 2023 and summarized statements of operations and summarized statements of cash flows for the years ended December 31,

2024 , 2023 and 2022 .

|                                            | December 31, 2024 |     |         |     |       |     |     |     |           |     |       |     |       |     |       |         |     |                        |
|:-------------------------------------------|------------------:|:----|--------:|:----|------:|:----|----:|:----|----------:|:----|------:|:----|------:|:----|------:|--------:|:----|-----------------------:|
| Summarized statementsof financial position |              AMSA |     | Sonasid |     |  AMKR |     | BBA |     | HeraErmac |     |  AMMC |     | Arceo |     |   AML | Finocas |     | ArcelorMittalTexas HBI |
| Current assets                             |               858 |     |     337 |     |   576 |     | 246 |     |       199 |     | 1,517 |     |   199 |     |   253 |     390 |     |                    404 |
| Non-current assets                         |               426 |     |     117 |     | 1,157 |     | 183 |     |       990 |     | 3,252 |     |    32 |     | 1,518 |     205 |     |                    713 |
| Total assets                               |             1,