Company: MT
Filing Date: 2025-03-10
Form Type: 20-F
Source: 0001243429-25-000017
Chunk: 61

Company: ArcelorMittal
Filing Date: 2025-03-10
Form: 20-F
Chunk 61
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 by Mr. Aditya Mittal, CEO of ArcelorMittal. The IAC authorizes large capital expenditure projects, including those designed to deliver safety and environmental improvements, carbon reductions, and reviews the carbon footprint impact of all proposals. Committee members include the CFO and Executive Vice President, Mr. Genuino Christino; Head of Corporate Business Optimization and Executive Vice President, Mr. Brad Davey (Vice Chairman of IAC), Chief Technology Officer ("CTO") and Vice President, Mr. Pinakin Chaubal; and Head of Corporate Strategy and Vice President, Mr. David Clarke. Health and Safety Council See below under Health and Safety section. Climate Change Panel ("CCP") The CCP discusses and coordinates ArcelorMittal’s approach and response to climate change. The CCP is chaired by Mrs. Nicola Davidson, Vice President, Head of Communications and Sustainable Development, and a member of the Group Management Committee. The panel consists of senior managers from relevant corporate functions and key operations across the Group. It guides engagement and advocacy with external stakeholders on climate change and decarbonization and supports the business in understanding the risks and opportunities associated with the transition to a low carbon economy. The CCP meets on a nominally quarterly basis. Key issues identified by the CCP are raised with the Executive Office and recommended topics are brought forward for discussion and action with the Group Management Committee. Sustainable Development Panel ("SDP") The purpose of the SDP is to discuss and coordinate the Company's approach to environmental and social issues. It consists of senior managers from relevant corporate functions and key operations across the Group. It guides engagement on issues relating to material environmental and social issues, stakeholder engagement, compliance and performance on environmental (non-climate), human rights and social performance issues. The SDP meets on a nominally quarterly basis. The Panel is chaired by Mr. James Streater, General Manager, Sustainable Development. Sustainability outcomes ArcelorMittal’s 10 Sustainability Development (SD) outcomes articulate the priorities the Company believes it needs to pursue if it is to bring optimal long-term value to all its stakeholders and drive its transformation into the steel company of the future. They are aligned with the 17 United Nations Sustainable Development Goals ("SDGs"), widely regarded as the benchmark in global sustainability policy and action.

|   | ArcelorMittal's 10 SD Outcomes                                  |
| 1 | Safe, healthy, quality working lives for ArcelorMittal’s people |
| 2 | Products that accelerate more sustainable lifestyles            |
| 3 |