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Wed 10 Feb 2021, 7:05 ARCELORMITTAL SOUTH AFRICA LIMITED - ACL - Clarification on an announcement by ArcelorMittal S.A. (Sociètè Anonyme)
ACL - Clarification on an announcement by ArcelorMittal S.A. (Sociètè Anonyme)

ArcelorMittal South Africa Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1989/002164/06)
Share Code: ACL
ISIN: ZAE000134961
(“ArcelorMittal South Africa” or “the company”)

Clarification on an announcement by ArcelorMittal S.A. (Sociètè Anonyme) regarding the
sale of 40 million common shares in Cleveland-Cliffs

A media release dated 9 February 2021 and available on the ArcelorMittal S.A. website relates
to the sale by ArcelorMittal North America Holdings LLC, a wholly-owned subsidiary of
ArcelorMittal S.A., of 40 million Cleveland-Cliffs common shares through a fully underwritten
public market offering.

ArcelorMittal S.A. refers to ArcelorMittal Sociètè Anonyme, a company registered in
Luxembourg. ArcelorMittal S.A. is not to be confused with ArcelorMittal South Africa Limited, a
company incorporated in the Republic of South Africa and listed on the Johannesburg Stock
Exchange.

Shareholders are therefore advised that ArcelorMittal South Africa Limited is not a party in the
above transaction and is not affected by or involved in the transaction.

10 February 2021
Vanderbijlpark Works

For further information please contact:
Company Secretary
FluidRock Co Sec (Pty) Ltd
016 -889 4077

Tami Didiza: Manager: Corporate Communications
Tel: (016) 889 2549

Sponsor to ArcelorMittal South Africa Limited
Absa Bank Limited (acting through its Corporate and Investment Banking division)

Date: 10-02-2021 07:05:00
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