Company: MT
Filing Date: 2025-03-10
Form Type: 20-F
Source: 0001243429-25-000017
Chunk: 425

Company: ArcelorMittal
Filing Date: 2025-03-10
Form: 20-F
Chunk 425
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 of principal portion of lease liabilities (note 7)1 |                                    -8 |     |                                                 -245 |
| Additions to lease liabilities (notes 5.2 and 7)             |                                   250 |     |                                                   38 |
| Unrealized foreign exchange effects and other movements      |                                   266 |     |                                                   59 |
| Balance as of December 31, 2023 (note 6.1.2)                 |                                 8,369 |     |                                                2,312 |
| Proceeds from long-term debt                                 |                                 2,227 |     |                                                    — |
| Payments of long-term debt                                   |                                   -61 |     |                                                    — |
| Amortized cost                                               |                                     6 |     |                                                    2 |
| Proceeds from short-term debt                                |                                     — |     |                                                  257 |
| Payments of short-term debt                                  |                                     — |     |                                               -1,192 |
| Current portion of long-term debt                            |                                -1,732 |     |                                                1,732 |
| Payments of principal portion of lease liabilities (note 7)1 |                                   -10 |     |                                                 -214 |
| Additions to lease liabilities (notes 5.2 and 7)             |                                   186 |     |                                                   23 |
| Unrealized foreign exchange effects and other movements      |                                  -170 |     |                                                 -172 |
| Balance as of December 31, 2024 (note 6.1.2)                 |                                 8,815 |     |                                                2,748 |

1. Cash payments decreasing the outstanding liability relating to leases are classified under payments of principal portion of lease liabilities and other financing activities in

the Company's consolidated statements of cash flows.

256

| Consolidated financial statements                          |
| (millions of U.S. dollar, except share and per share data) |

6.1.4 Net debt

The Company monitors its net debt in order to manage its capital. The following tables present the structure of the Company’s net debt

by original currency translated into USD at December 31, 2024 and December 31, 2023 :

| As of December 31, 2024                               |  Total |     |    EUR |     |    USD |     |  ARS |     |  BRL |     | INR |     | Other |
|:------------------------------------------------------|-------:|:----|-------:|