Company: MT
Filing Date: 2025-08-01
Form Type: 6-K
Source: 0001243429-25-000067
Chunk: 29

Company: ArcelorMittal
Filing Date: 2025-08-01
Form: 6-K
Chunk 29
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 financial assets and the balances are removed from the consolidated statements of financial position at the moment of sale.

As part of the Company’s ongoing efforts to improve its working capital position, it continually engages with its customers and suppliers with the aim of improving overall terms, including pricing, quality, just in time delivery, discounts and payment terms. Trade accounts payable have maturities from 15 to 180 days depending on the type of material, the geographic area in which the purchase transaction occurs and the various

| Interim Management Report |     | 19 |

Business overview continued

contractual agreements. The Company’s average outstanding number of trade payable days amounted to 83 over the last 5 years. The ability of suppliers to provide payment terms may be dependent on their ability to obtain funding for their own working capital needs and or their ability to early discount their receivables at their own discretion (the Company estimates that about $2.2 bil l ion of trade payables were subject to early discount by its suppliers as of June 30, 2025 as compared to $2.8 billion as of December 31, 2024). Given the nature and large diversification of its supplier base the Company does not expect any material impact to its own liquidity position as a result of suppliers not having access to liquidity. As of June 30, 2025, a 5 d ay decrease in trade payable days would result in a trade payables decrease of $654 million.

ArcelorMittal's material cash requirements in the near and medium term

The Company's cash requirements in the near and medium term are primarily driven by the current commitments, obligations and other arrangements in place as of June 30, 2025. ArcelorMittal has various purchase commitments for materials, supplies and capital expenditure incidental to the ordinary course of business. As of June 30, 2025, ArcelorMittal had various outstanding obligations mostly related to:

• Guarantees, pledges and other collateral related to financial debt and credit lines given on behalf of third parties and joint ventures,

• Capital expenditure commitments mainly related to commitments associated with investments in expansion and improvement projects by various subsidiaries,

• Other commitments comprising mainly commitments incurred for gas supply to electricity suppliers.

These commitments, obligations and other arrangements will become due in 2025 and beyond. These various purchase commitments and long-term obligations will have an effect on ArcelorMittal’s future liquidity and capital resources. For further details on commitments and obligations, please refer to note 14 to the interim condensed