ARCELORMITTAL SOUTH AFRICA LIMITED - Further Cautionary Announcement

Further Cautionary Announcement

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")


FURTHER CAUTIONARY ANNOUNCEMENT


Shareholders are referred to the various cautionary announcements released on the Stock Exchange
News Service of the JSE Limited, the most recent of which was released on 22 September 2025.

Engagements to explore alternative solutions continue. Further announcements will be made in relation to these
matters as and when appropriate.

Accordingly, shareholders are advised to continue to exercise caution when dealing in the Company's
securities until a further announcement is made.

UPDATE

The process to place the Longs Business into care and maintenance has proceeded and most plants at Newcastle
Works have been placed into care and maintenance and production has ceased. Limited trading will continue to
despatch the remaining stock.

The National Unions of Metalworkers of South Africa (Numsa) challenged the Section 189 process that was
concluded in March 2025 and the Labour Court found that the Company should conduct further consultations, that
no further dismissals are to take place until this consultation process is completed and that employees should be
reinstated. ArcelorMittal South Africa has applied for leave to appeal the decision.


Vanderbijlpark

4 November 2025

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: 04-11-2025 02:00:00
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