ARCELORMITTAL SOUTH AFRICA LIMITED - Trading statement for the six months ended 30 June 2026

Trading statement for the six months ended 30 June 2026

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")

TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2026

In terms of paragraph 6.26(a) of the JSE Limited Listings Requirements ("JSE Listings Requirements"),
the Company is required to publish a trading statement as soon as there is a reasonable degree of
certainty that the financial results for the six months ended 30 June 2026 ("the Current Period") are
expected to differ by at least 20% or more from the financial results for the previous corresponding
reporting period ("the Comparable Period").

Based on information currently available, shareholders are advised that the Company expects:

    •   Earnings per share to decline from a loss of 84 cents per share (Comparable Period) to a loss
        within a range of R1,10 and R1,14 loss per share for the Current Period (representing a
        decrease of between 31% to 36%); and

    •   Headline earnings per share to decline from a 91 cents loss per share (Comparable Period) to
        a loss within a range of R1,32 and R1,37 loss per share for the Current Period (representing a
        decrease of between 45% to 51%)

The financial information on which this trading statement is based has not been reviewed and reported
on by the Company's external auditors.

ArcelorMittal South Africa's reviewed condensed consolidated financial statements for the six months
ended 30 June 2026 are expected to be released on the Stock Exchange News Service of the JSE on
Thursday, 30 July 2026, with a virtual presentation on the same day.

The presentation will be made available to all stakeholders on the Company's website at
www.arcelormittalsa.com.

29 July 2026

For further information please contact:
Tami Didiza: Manager: Corporate Communications Tel:
(016) 889 2549/ (016) 889 4100

Company Secretary FluidRock Co
Sec (Pty) Ltd Tel: (016) 889 4077

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

Date: 29-07-2026 09:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.