Company: MT
Filing Date: 2025-03-10
Form Type: 20-F
Source: 0001243429-25-000017
Chunk: 266

Company: ArcelorMittal
Filing Date: 2025-03-10
Form: 20-F
Chunk 266
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 practices to build an inclusive and merit based culture that empowers all talents. This is designed to ensure that all qualified candidates have equal opportunities ultimately based on individual merit. In 2024, women held 19% of management positions across the Group based on merit, compared to 17.3% in 2023. As of December 31, 2024, women held four of the nine positions on the Board of Directors. Collective Labor Agreements ("CLAs") In multiple regions globally, ArcelorMittal employees are represented by trade unions and the Company actively engages in collective bargaining agreements with employee organizations at specific locations. The description below provides an overview of the current status of specific agreement and relationships. The Company is committed to open, respectful and transparent social dialogue at all of its operations, to maintain strong employee relations, and to provide a safe, healthy and quality working lives for all its workers. In the current inflationary environment, the Company understands that salary increases for workers is a question of high sensitivity. ArcelorMittal is respecting its commitment to social dialogue and all entities have regular discussions and negotiations on salary policy with their respective unions. The Joint Global Health and Safety Agreement between the Company and IndustriALL global trade union, signed in 2008, remained in effect in 2024. This agreement recognizes the vital role played by trade unions in improving health and safety. It sets out minimum standards for every site where the Company operates with the objective of achieving world-class performance. As a result of this agreement, the Joint Global H&S Committee, composed of 16 representatives in 2024 (12 in 2023) of management and the unions was created to identify areas for improvement and harmonize safety performance across the Group. The Joint Global H&S Committee only deals with issues related to H&S and does not act as a negotiation committee on behalf of unions or management. One of its primary priorities is centered around overseeing deployment and monitoring the compliance of local joint H&S panels. This involves developing guidelines to progress and training programs, conducting site visits to assess implementation and offering suggestions for improvement. Additionally, the Joint Global H&S Committee provides recommendations on transversal and global topics to enhance overall safety measures. In 2024, one physical meeting was organized at the Group level to discuss transversal specific topics with regard to H&S. One of the main topics of this meeting was the collective review and the update of the committee charter. In addition, other safety training and coaching programs, such as "Take Care" Trainings