Company: MT
Filing Date: 2025-03-10
Form Type: 20-F
Source: 0001243429-25-000017
Chunk: 253

Company: ArcelorMittal
Filing Date: 2025-03-10
Form: 20-F
Chunk 253
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 Executive Chairman (CEO until February 11, 2021) in 2024, 2023, 2022, 2021 and 2020 and to the CEO (President and CFO until February 11, 2021) in 2024, 2023, 2022 and 2021. Amounts presented for the CFO and other Executive Officers relate to the former President and CFO (Aditya Mittal) and other Executive Officers until Februar y 11, 20 21 and to the CFO and other Executive Officers thereafter. Information with respect to total remuneration paid is provided under “—Remuneration—2024 Total remuneration” below.

139

| Management report |

140

| Management report |

2023 short-term incentives paid in 2024

| Business Units            | Executive                      | Realization as % of business target                  |
| Executive Office          | Lakshmi N. MittalAditya Mittal | Executive office renounced their short-termincentive |
| Mining                    | Stefan Buys                    | 85%                                                  |
| North America             | John Brett                     | 128%                                                 |
| Corporate*                | Genuino Christino              | 128%                                                 |
| Corporate*                | Bradley Davey                  | 128%                                                 |
| Corporate*                | Stephanie Werner-Dietz         | 128%                                                 |
| CIS**                     | Vijay Goyal                    | 64% → 0%                                             |
| AMNS India                | Dilip Oommen                   | 140%                                                 |
| Europe                    | Geert van Poelvoorde           | 105%                                                 |
| Long Carbon South America | Jefferson de Paula             | 150%                                                 |

Note: Individual performance not included in the percent of realization. *Health & Safety part of the bonus was nil due to the number of fatalities. **Due to the tragic accident in Kazakhstan in October 2023, the performance bonus was not paid out to the CEO CIS. Long-term incentives vesting in 2024 Executive office In 2024, the following long-term incentives vested:

| Vehicle | Date of vesting | Date of grant     | Number of PSUsgranted toExecutive office | Number of sharesacquired byExecutive office |
| PSUs    | January 1, 2024 | December 14, 2020 |                                  148,422 |                                     111,317 |

CFO and Other Executive Officers In 202