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ARCELORMITTAL SOUTH AFRICA LIMITED - ACL - Changes to the Board

Release Date: 20/03/2018 14:00
Code(s): ACL     PDF:  
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ACL - Changes to the Board

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”)

CHANGES TO THE BOARD

In compliance with paragraph 3.59 (a) and (b) of the Listings Requirements of the JSE Limited, the Board of
Directors of ArcelorMittal South Africa (Board) wish to advise the following changes to the Board with effect
from 31 March 2018:

Notice has been received from Mr Henri Blaffart of his intention to resign as a Non-Executive Director from
the Board following his retirement from ArcelorMittal Holdings AG (ArcelorMittal Group).

The Board has accepted ArcelorMittal Group’s nomination, being Mr Brian E. Aranha, to replace Mr Henri
Blaffart, as Non-Executive Director on the Board. Since January 2016, Mr Aranha is Executive Vice
President of ArcelorMittal Group reporting to the Chairman and Chief Executive Officer of ArcelorMittal
Group, Mr Mittal. His scope includes Global R&D, Global Automotive, Group Strategy, Corporate CTO,
Commercial Coordination, Corporate Communications and Group Capital Goods Procurement, Joint
ventures in China and India. He also acts as Vice Chairman of the Group Investment Allocation Committee.
Mr Aranha holds a Bachelor of Applied Science degree from the University of Toronto, Canada and
completed the Executive Development Program at Queens University in 1998.

The Board wishes to express its sincere gratitude to Mr Blaffart for his valuable contribution and efforts to the
Board and the Company during his tenure as Board Member, and congratulates Mr Aranha on his
appointment as Non-Executive Director and looks forward to his contribution.

20 March 2018
Vanderbijlpark Works

For further information please contact:
Mr Hennie Vermeulen
Group Manager: Corporate Communications
Tel: (016) 889 2352

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

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