Company: MT
Filing Date: 2025-03-10
Form Type: 20-F
Source: 0001243429-25-000017
Chunk: 67

Company: ArcelorMittal
Filing Date: 2025-03-10
Form: 20-F
Chunk 67
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 ArcelorMittal continues working harder towards its zero fatality goal and has already seen some encouraging signs that the leading indicators are starting to move in the right direction across the Group. The proactive PSIFs rate is now starting to stabilize at between 16.5 and 17. This demonstrates the maturity of this measure and emphasizes the improvement seen in the safety processes and culture. Furthermore, ArcelorMittal employees were certified on the Life Saving Golden Rules in 2024. The certification is designed to raise awareness of the importance of these rules and will be rolled out to regular contractors during the first half of 2025.

| For the year ended December 31 | LTIFR 2024 | LTIFR 2023* | Fatalities 2024 | Fatalities 2023* | PSIFs 2024 | PSIFs 2023* |
|:-------------------------------|-----------:|------------:|----------------:|-----------------:|-----------:|------------:|
| North America                  |       0.27 |        0.22 |               1 |                1 |      14.88 |       15.76 |
| Brazil                         |       0.21 |        0.26 |               2 |                0 |      21.95 |       22.02 |
| Europe                         |       1.34 |        1.46 |               4 |                2 |      19.20 |       14.70 |
| Sustainable Solutions          |       1.01 |        0.78 |               2 |                0 |      14.71 |       14.43 |
| Mining                         |       0.18 |        0.10 |               1 |                0 |       9.17 |       13.17 |
| Others                         |       0.81 |        1.39 |               3 |               58 |      11.31 |       18.78 |
| TOTAL                          |       0.70 |        0.92 |              13 |               61 |      16.89 |       16.64 |

*Prior period figures have been revised retrospectively in accordance with the new segment structure applicable at January 1, 2024.

36

| Management report |

Climate change and decarbonization Along with safety, climate change is a top material sustainability issue for ArcelorMittal.