ARCELORMITTAL SOUTH AFRICA LIMITED - ACL - Clarification on an announcement by ArcelorMittal S.A. (Socit 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
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.