Company: MT
Filing Date: 2025-03-10
Form Type: 20-F
Source: 0001243429-25-000017
Chunk: 275

Company: ArcelorMittal
Filing Date: 2025-03-10
Form: 20-F
Chunk 275
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 rightspolicies and procedures                                                                                                        | Safety, Human Rights & Environment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | x                 | x             |                       |               | x            | x             | x              | x                 |                   |     6 |
| Climate Change and Decarbonization                                                                                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | x                 |               |                       |               | x            | x             | x              | x                 |                 5 |       |
| Mergers and Acquisitions                                                                                                                                                                                                                              | Mergers, acquisitions, disposals, joint ventures, private equity andinvestment experience                                                                                                                                                                                                                                                                                                                                                                                                                               | x                 | x             | x                     | x             | x            |               | x              |                   |                   |     6 |
| Experience on one or moreboards of significant publicorganizations                                                                                                                                                                                    | Public Company BoardAn understanding of the reporting responsibilities of public companiesand the issues commonly faced by public companies is important innavigating                                                                                                                                                                                                                                                                                                                                                   | x                 | x             | x                     | x             | x            | x             | x              | x                 |                 x |     9 |
| Industry experience                                                                                                                                                                                                                                   | Industry/Commodity/Cyclical Business experienceUnderstanding the unique challenges of a cyclical or commoditybusiness provides useful insights in assessing business strategies,challenges and opportunities.                                                                                                                                                                                                                                                                                                           | x                 | x             | x                     | x             | x            | x             | x              |                   |                 x |     8 |
| Relevant country/regionalexpertise                                                                                                                                                                                                                    | Knowledge of the countries in the regions ofstrategic importance to the Group                                                                                                                                                                                                                                                                                                                                                                                                                                           | x                 | x             | x                     | x             | x            | x             | x              | x                 |                 x |     9 |

156

| Management report |

Diverse skills, perspectives, knowledge, backgrounds and experience are required in order to effectively govern a global business the size of the Company’s operations. The Board of Directors and its committees are therefore required to ensure that the Board has the right balance of skills, experience, independence and knowledge necessary to perform its role in accordance with the highest standards of governance. The Company’s directors must demonstrate unquestioned honesty and integrity, preparedness to question, challenge and critique constructively, and a willingness to understand and commit to the highest standards of governance. They must be committed to the collective decision-making process of the Board of Directors and must be able to debate issues openly and constructively, and question or challenge the opinions of others. Directors