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ARCELORMITTAL SOUTH AFRICA LIMITED - ACL - Appointment of Non-Executive Director

Release Date: 10/02/2025 16:00
Code(s): ACL     PDF:  
Wrap Text
ACL - Appointment of Non-Executive Director

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")

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

In compliance with paragraph 3.59 (a) of the Listings Requirements of the JSE Limited,
shareholders are hereby notified that the board of directors of ArcelorMittal South Africa (Board)
has approved the appointment of Mr Mikhail Maasdorp as a non-executive director of the
Company with effect from 1 March 2025.

Mr Maasdorp has held numerous roles in the financial services sector in South Africa. He has a
Bachelor of Commerce degree and is a Chartered Alternative Investment Analyst and Chartered
Financial Analyst. He was nominated for appointment by the Company's B-BBEE partner,
pursuant to the provisions of the B-BBEE transaction agreements implemented in 2016 and also
serves as a director of Likamva Resources (Pty) Ltd, the controlling shareholder of the B-BBEE
partner.

The board congratulates Mr Maasdorp on his appointment and looks forward to his valuable
contribution to the Company.

Vanderbijlpark Works
10 February 2025

For further information please contact:
Mr Tami Didiza: Corporate Communications
Tel: (016) 889 4100

Company Secretary:
FluidRock Co Sec (Pty) Ltd

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

Date: 10-02-2025 04:00:00
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