ArcelorMittal announces results of its General Meetings
May 04 2022 - 12:45PM
4 May
2022,
18:45
CET
The Annual General Meeting and Extraordinary General Meeting
(‘General Meetings’) of shareholders of ArcelorMittal (‘the
Company’) held today approved all resolutions by a strong
majority.
Over 72% of the voting rights were represented at the General
Meetings. In view of the Covid-19 outbreak, the Board of Directors
of ArcelorMittal had decided to hold this year’s General Meetings
by virtual-only format, as permitted by Luxembourg law. The meeting
was preceded by a virtual one-hour Q&A session with
shareholders.
Arrangements were made to allow shareholders to vote
electronically and by proxy voting. The results of the votes will
be posted shortly on https://corporate.arcelormittal.com under
‘Investors – Equity investors – Shareholders events – AGM – General
Meetings of shareholders, 4 May 2022’ where the full documentation
regarding the General Meetings is available.
In particular, the shareholders approved the distribution of a
dividend of US$0.38 per share and the re-election of Mrs. Vanish
Mittal Bhatia and Mr. Karel De Gucht as directors of ArcelorMittal,
for a term of three years each. Shareholders also approved the
decision to cancel shares and to consequently reduce the issued
share capital following the cancellation of shares repurchased
under its share buyback program as required.
ENDS
About ArcelorMittal
ArcelorMittal is the world's leading steel and
mining company, with a presence in 60 countries and primary
steelmaking facilities in 16 countries. In 2021, ArcelorMittal had
revenues of $76.6 billion and crude steel production of 69.1
million metric tonnes, while iron ore production reached 50.9
million metric tonnes.
Our goal is to help build a better world with
smarter steels. Steels made using innovative processes which use
less energy, emit significantly less carbon and reduce costs.
Steels that are cleaner, stronger and reusable. Steels for electric
vehicles and renewable energy infrastructure that will support
societies as they transform through this century. With steel at our
core, our inventive people and an entrepreneurial culture at heart,
we will support the world in making that change. This is what we
believe it takes to be the steel company of the future.
ArcelorMittal is listed on the stock exchanges
of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and
on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and
Valencia (MTS).
For more information about ArcelorMittal please
visit: http://corporate.arcelormittal.com/
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Contact
information ArcelorMittal Investor Relations |
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General |
+44 20 7543
1128 |
Retail |
+44 20 3214
2893 |
SRI |
+44 20 3214
2801 |
Bonds/CreditE-mail |
+33 171 921
026investor.relations@arcelormittal.com |
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Contact
information ArcelorMittal Corporate Communications |
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Paul
WeighTel:E-mail: |
+44 20
3214 2419press@arcelormittal.com |
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