Company: MT
Filing Date: 2025-08-01
Form Type: 6-K
Source: 0001243429-25-000067
Chunk: 45

Company: ArcelorMittal
Filing Date: 2025-08-01
Form: 6-K
Chunk 45
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 Lins and Mrs. Patricia Barbizet. The four non independent directors are Mr. Lakshmi N. Mittal, Mrs. Vanisha Mittal Bhatia, Mr. Aditya Mittal and Mr. Michel Wurth. The Board of Directors includes two executive directors: Mr. Lakshmi N. Mittal, the Executive Chairman of the Board, and Mr. Aditya Mittal, the CEO of the Company. None of the members of the Board of Directors, including the executive directors, have entered into service contracts with the Company or any of its subsidiaries that provide for benefits upon the termination of their mandate. For additional information on the functioning of the Board of Directors and the composition of its committees, please refer to the 2024 Annual Report of the Company available on www.arcelormittal.com.

| Interim Management Report |     | 27 |

Corporate governance continued

Directors' fees

At the May 6, 2025 annual general meeting of shareholders, the shareholders approved the annual remuneration for the Board of Directors for the 2024 financial year at €1,491,943 ($1,549,980), based on the following annual fees (euro denominated amounts are translated into U.S. dollar as of December 31, 2024):

– Basic director's remuneration: €169,952 ($176,563);

– Lead Independent Director's remuneration: €239,709 ($249,034);

– Additional remuneration for the Chair of the Audit and Risk Committee: €32,976 ($34,258);

– Additional remuneration for the other Audit and Risk Committee members: €20,293 ($21,082);

– Additional remuneration for the Chairs of the other committees: €19,024 ($19,765);

– Additional remuneration for the members of the other committees: €12,683 ($13,176).

Share buyback

The May 2025 annual general meeting of shareholders authorized the Board of Directors, effective immediately after such general meeting, the Board of Directors, with the option to delegate, and the corporate bodies of the other companies in the ArcelorMittal group, to acquire and sell shares in the Company in accordance with the Luxembourg law of 10 August 1915 on commercial companies, as amended (the "Law") and any other applicable laws and regulations, including but not limited to entering into off-market and over-the-counter transactions and to acquire shares in the Company through derivative financial