Company: MT
Filing Date: 2025-03-10
Form Type: 20-F
Source: 0001243429-25-000017
Chunk: 60

Company: ArcelorMittal
Filing Date: 2025-03-10
Form: 20-F
Chunk 60
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 solutions to develop new products. • Internally developed AI algorithms show specific results in predictive maintenance of different types of critical equipment. Global deployment is progressively being realized. • More traditional and globally deployed advanced process models are being reworked incorporating new AI algorithms. • Several of the Company's expansion plans are thoroughly modelled in advance combining AI and mathematical optimization techniques to a very high level of sophistication allowing to have very accurate representation of the new investment under many different business scenarios. • AI-based Production Scheduling optimization continues to remain a primary focus. R&D developed in-house solutions that have outperformed solutions available in the market. While the implementation of large-scale digital and industry 4.0 projects is challenging in a company of ArcelorMittal’s size, once implemented these projects bring major benefits and value because of the Company’s scale and global footprint.

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| Management report |

Sustainable development Sustainability governance The Company’s governance structure relating to sustainability is based around the following supervisory bodies: The three Board of Directors Committees : Audit and Risk Committee; Appointments, Remuneration and Corporate Governance Committee ("ARCG Committee") and the Sustainability Committee. Management Committees and Panels : Management Committee, Corporate Finance and Tax Committee ("CFTC"), Investment Allocation Committee ("IAC"), Health and Safety Council , Climate Change Panel, Sustainable Development Panel, and Equality Panel. The Board of Directors Committees For a comprehensive description of the structure and responsibilities of the Audit and Risk Committee, ARCG Committee and the Sustainability Committee, please refer to "Management and employees—Corporate governance—Board of Directors committees". Management Committees and Panels Management Committee The Management Committee comprises senior managers with responsibility for various business divisions and functions in ArcelorMittal. For more information see ArcelorMittal's Internet site at www.arcelormittal.com. Corporate Finance and Tax Committee ("CFTC") The CFTC defines the principles for the ArcelorMittal finance community and presents and supports financial and business solutions for the ArcelorMittal Group by providing the expertise, excellence in execution and stability for continuous, sustainable and competitive development of the Group while developing and promoting its people. The responsibilities of the CFTC extend across all finance and tax activities in the Group and are not limited to corporate level activities only. The CFTC is chaired by the CFO and Executive Vice President, Mr. Genuino Christino, and has main responsibilities covering treasury, funding, taxation, accounting and performance management, SOX and insurance. Investment Allocations Committee ("IAC") The IAC is chaired