Company: MT
Filing Date: 2025-03-10
Form Type: 20-F
Source: 0001243429-25-000017
Chunk: 63

Company: ArcelorMittal
Filing Date: 2025-03-10
Form: 20-F
Chunk 63
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 and regulations relating to the protection of human Health and Safety ("H&S"). As these laws and regulations in the United States, the EU and other jurisdictions continue to become more stringent, ArcelorMittal expects to expend substantial amounts to achieve or maintain compliance. ArcelorMittal has established H&S guidelines requiring each of its business units and sites to comply with all applicable laws and regulations. Compliance with such laws and regulations and monitoring changes to them are addressed primarily at the business unit level, checks are made through a 3-line of assurance model. ArcelorMittal has a clear and strong H&S Management System, that includes specific policy, standards and life-saving golden rules, aimed at reducing on a continuing basis the severity and frequency of accidents; through its Group H&S Council ("GHSC"), the Company reinforces the penetration of the safety culture in the Company. The effective policy outlines the commitment ArcelorMittal has made to the H&S of all employees and reinforces the accountability of the local management and encourages the continuous improvement in H&S performance at unit level, which permits the GHSC to define and track performance targets and monitor results from every business unit and site. Safety governance ArcelorMittal business units CEOs are accountable for the segment/unit H&S performance. Business unit CEOs and local safety departments integrate safety into the business strategy, manage and implement the Group's best practice procedures and standards at the local level. Further, ArcelorMittal business units solicit external expertise and resources in closing any gaps in improving the safety performance. The Head of Corporate H&S, who is also a member of the Group Management Committee, reports to the Executive Vice President, Head of Corporate Business Optimization, who in turn reports to the CEO of ArcelorMittal. The corporate H&S team develops, maintains and promotes the Group H&S strategy, management system and defines and tracks safety KPIs, monitoring results from every business unit and site. ArcelorMittal has an established Group H&S policy and standards that each of its business units and sites are required to comply. Key elements of the policy include: • All fatalities and work-related illness can and must be prevented; H&S always comes first in all decisions and actions at all levels of the Group.

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| Management report |

• Enhanced emphasis on management’s role while recognizing and reinforcing that all employees need to be actively involved in H&S management. Making it clear that working safely is a condition of employment for everyone at ArcelorMittal. • Explicitly stating that everyone is empowered to act and stop work if they