Company: MT
Filing Date: 2025-08-01
Form Type: 6-K
Source: 0001243429-25-000067
Chunk: 43

Company: ArcelorMittal
Filing Date: 2025-08-01
Form: 6-K
Chunk 43
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 statements in the Company’s 2024 Annual Report.

| 26 |     | Interim Management Report |

Corporate governance

Corporate governance

Please refer to the "Corporate Governance" section of the Company’s 2024 Annual Report for a complete overview of the Company’s corporate governance practices. The purpose of this section is solely to describe the events and changes affecting the corporate governance of the Company between December 31, 2024 and June 30, 2025.

Annual general meeting of shareholders held on May 6, 2025

On May 6, 2025, the annual general meeting of shareholders approved all resolutions by a strong majority. The resolutions included approval of the 2024 financial statements and appointment of Ernst & Young S.A. as the independent auditor for 2025 and to provide any assurance opinion on sustainability reporting to be included in the management report of the Board of Directors for the financial year 2025 if and as required; the dividend of $0.55 (gross) per share; the remuneration policy, the remuneration report and the remuneration of the Board of Directors in relation to the financial year 2024; reelection of certain members of the Board of Directors for another three-year term; renewal of the authorization of the Board of Directors and of the corporate bodies of other companies in the ArcelorMittal group to acquire shares in the Company; authorization of share based incentives; and grants of share based incentives. Certain of these resolutions are described in more detail below.

Dividend

On May 6, 2025 at the annual general meeting of shareholders, the shareholders approved the Company’s proposed dividend of $0.55 per share. The dividend amounted to $421 million and payment includes two installments; the first one was paid on June 11, 2025 and the second one will be paid on December 3, 2025. During the six months ended June 30, 2025, dividend to non-controlling interests amounted to $56 million (of which $46 million paid as of June 30, 2025).

Equity-based compensation

The Executive Chairman, the Chief Executive Officer ("CEO") of the Company (jointly, the "Executive Office") will be eligible for PSU grants under the Executive Office Performance Share Unit Plan ("Executive Office PSU Plan"). The Chief Financial Officer ("CFO") will also be eligible for PSU grants under the Executive Office PSU Plan starting 2025. The latter is designed to enhance the long-term performance of