ArcelorMittal South Africa : ACL - No change Statement, Notice of AGM, Annual Financial Statements, Integrated Report and ESG Report

ARCELORMITTAL SOUTH AFRICA LIMITED (Incorporated in the Republic of South Africa) (Registration number 1989/002164/06)

JSE Share code: ACL

ISIN: ZAE000134961

("ArcelorMittal South Africa" or "the company")

NO CHANGE STATEMENT, NOTICE OF ANNUAL GENERAL MEETING, ANNUAL FINANCIAL STATEMENTS, INTEGRATED REPORT AND ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) REPORT

Shareholders are advised that the company's Integrated Report, Environmental, Social and Governance (ESG) Report, the audited annual financial statements for the financial year ended 31 December 2021, and the auditor's report are available for viewing and downloading from the company's website on the following links:

The Integrated Report:https://www.arcelormittalsa.com/InvestorRelations/IntegratedAnnualReports.aspx

The ESG Reporthttps://arcelormittalsa.com/InvestorRelations/Environmental,SocialandGovernance.aspx

The audited annual financial statements:https://www.arcelormittalsa.com/InvestorRelations/AnnualFinancialStatements.aspx

The auditor's report:https://www.arcelormittalsa.com/InvestorRelations/AnnualFinancialStatements.aspx

The audited annual financial statements, Integrated Report and the auditor's report are also available for inspection at the company's registered offices.

The audited annual financial statements contain no modifications to the previously published preliminary reviewed condensed consolidated results for the year ended 31 December 2021 which were released on the Stock Exchange News Service (SENS) of the JSE Limited on 10 February 2022.

ESG Report and Decarbonisation

ArcelorMittal South Africa has been taking steps to continually improve its reporting and is pleased to advise that it has, for the first time this year, published a separate ESG Report, sharing greater detail on its ESG performance. More importantly, the company has confirmed in the ESG Report that it will publish its decarbonisation roadmap by the third quarter of 2022 and has reported on its ambitions regarding the reduction of carbon emissions.

Lowering ArcelorMittal South Africa's carbon intensity will include ramping up the use of renewable energy and in this regard, ArcelorMittal South Africa is embarking on a process to develop two 100MW renewable energy projects, planned for Gauteng and the Western Cape, subject to the outcome of a feasibility study, which should be finalised in 2023/2024.The two 100MW renewable energy plants are intended to supply existing facilities within ArcelorMittal South Africa, using available ArcelorMittal South Africa land.

NOTICE OF ANNUAL GENERAL MEETING AND SALIENT DATES

The notice of the annual general meeting (AGM), together with the necessary supporting information, has been distributed to shareholders today.

Shareholders are advised that the AGM of the company's shareholders will be held at 09:00 on Thursday, 19 May 2022. The company has appointed Computershare Investor Services Proprietary Limited (Computershare) to host the AGM on an interactive electronic platform to facilitate electronic voting by shareholders.

Important Dates and Times in relation to the AGM

ISSUER NAME	ArcelorMittal South Africa Limited
TYPE OF INSTRUMENT	Ordinary Shares
ISIN NUMBER	ZAE000134961
JSE CODE	ACL
MEETING TYPE	Annual General Meeting
MEETING VENUE	Electronic Participation
RECORD DATE - to determine which shareholders are entitled to receive the Notice of meeting	Friday, 8 April 2022
PUBLICATION/POSTING DATE	Wednesday, 13 April 2022
LAST DAY TO TRADE - Last day to trade to determine eligible shareholders that may attend, speak and vote at the meeting	Tuesday, 10 May 2022
RECORD DATE- Record date to determine eligible shareholders that may attend, speak and vote at the Meeting	Friday, 13 May 2022
ELECTRONIC PARTICIPATION DATE- to complete the electronic participation application form in order to participate in and/or vote at the AGM by	09:00 on Friday, 13 May 2022
MEETING DEADLINE DATE - for administrative purposes, forms of proxy for the meeting to be lodged by	09:00 on Tuesday, 17 May 2022
MEETING DATE	09:00 on Thursday, 19 May 2022
PUBLICATION OF RESULTS ON SENS	Friday, 20 May 2022
WEB SITE LINK - the notice of AGM, including the form of proxy and electronic participation application form, is available on the Company's website at	https://arcelormittalsa.com/InvestorRelations/Shareholders.aspx

Any registered shareholder (or a representative or proxy for a registered shareholder) who wishes to participate in and/or vote at the AGM by way of electronic communication, must either:

• • register online, using the online registration portal athttps://meetnow.global/za, before the start of the AGM or

• • complete the electronic participation application form available on page 10 of the notice and email the completed document to Computershare [e-mail] contact them on [phone] as soon as possible by no later than 09:00 on Tuesday, 17 May 2022 ("electronic participation date"), for participation to be arranged for the shareholder and for Computershare to provide the shareholder with the details to access the AGM via electronic communication.

Shareholders may still register/apply to participate in and/or vote electronically at the AGM after the electronic participation date, provided, however, that the shareholders are verified (as required in terms of section 63(1) of the Companies Act) and are registered at the start of the AGM.

Vanderbijlpark

13 April 2022

For further information please contact: Company Secretary

FluidRock Co Sec (Pty) Ltd 016 -889 4077

Tami Didaza: Manager: Corporate Communications Tel: [phone]

Sponsor to ArcelorMittal South Africa Limited

Absa Bank Limited (acting through its Corporate and Investment Banking division)