Company Directors Report

COMPANY: ARCELORMITTAL SA

-The primariy analysis is in USD. Remuneration is also shown in ZAR to accurately reflect felt increases.

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CEO Biography - USD:

Year End:Director Surname:Director Name:Director Gender:Full Year on Board?:Full year in position?:
2008 Nyembezi-Heita Nonkululeko Female No No
2008 Reato EM (Rick) Male No No
2009 Nyembezi-Heita Nonkululeko Female Yes Yes
2010 Nyembezi-Heita Nonkululeko Female Yes Yes
2011 Nyembezi-Heita Nonkululeko Female Yes Yes
2012 Nyembezi-Heita Nonkululeko Female Yes Yes
2013 Nyembezi-Heita Nonkululeko Female Yes Yes
2014 Nyembezi-Heita Nonkululeko Female No No
2014 O'Flaherty Paul Male No No
2015 O'Flaherty Paul Male Yes Yes
2015 Subramanian Dean Male No No
2016 O'Flaherty Paul Male No No
2016 de Klerk WA (Wim) Male No No
2017 de Klerk WA (Wim) Male Yes Yes
2018 Subramanian Dean Male No No
2018 de Klerk WA (Wim) Male No No
2018 Verster HJ (Kobus) Male No No
2019 Verster HJ (Kobus) Male Yes Yes
2020 Verster HJ (Kobus) Male No No
2021 Verster HJ (Kobus) Male Yes Yes
2022 Verster HJ (Kobus) Male Yes Yes
2023 Verster HJ (Kobus) Male Yes Yes

CEO Remuneration - USD:

Financial Year:Salary:Benefits:Cash BonusOther:Total Annual:LTI Payment:Total Including LTI:
2008 353,248 59,945 241,838 0 655,031 0 655,031
2009 324,406 58,857 184,169 0 567,432 0 567,432
2010 462,653 77,857 54,627 0 595,137 0 595,137
2011 607,485 301,108 265,235 0 1,173,828 239,609 1,413,437
2012 541,607 0 39,634 768 582,009 0 582,009
2013 461,908 0 39,740 1,374 503,022 73,998 577,020
2014 208,942 18,283 0 521,360 748,585 10,774 759,359
2015 406,148 42,804 38,373 0 487,325 124,136 611,460
2016 333,160 21,981 0 205,204 560,345 16,208 576,553
2017 620,604 155,624 49,890 4,021 830,139 87,502 917,641
2018 714,050 48,548 1,413,585 11,293 2,187,475 0 2,187,475
2019 586,157 36,113 110,872 4,418 737,561 0 737,561
2020 465,341 8,795 3,659 109,767 587,562 0 587,562
2021 532,370 32,799 254,044 17,128 836,341 100,699 937,040
2022 514,299 31,680 0 3,417 549,396 0 549,396
2023 531,046 32,709 0 3,545 567,300 0 567,300

Executive Director Remuneration - USD:

Financial Year:No. of EDs:Total Salary:Cash BonusOther:Total Annual:
2008 4 900,283 1,520,109 225,071 380,027
2009 3 905,978 1,703,570 301,993 567,857
2010 3 743,792 1,062,802 247,931 354,267
2011 2 892,376 1,569,015 446,188 784,507
2012 2 805,140 864,775 402,570 432,387
2013 2 722,527 796,194 361,264 398,097
2014 3 506,141 1,228,014 168,714 409,338
2015 3 450,825 574,172 150,275 191,391
2016 3 492,956 915,767 164,319 305,256
2017 2 808,947 1,171,705 404,474 585,853
2018 4 769,785 2,328,300 192,446 582,075
2019 2 810,103 1,065,117 405,052 532,559
2020 2 645,582 817,420 322,791 408,710
2021 2 684,918 1,080,918 342,459 540,459
2022 1 514,299 549,396 514,299 549,396
2023 2 562,001 602,270 281,000 301,135

Non-Executive Director Remuneration - USD:

Financial Year:No. of NEDs:Total Fees:Average Fees
2008 6 266,545 44,424
2009 6 237,483 39,580
2010 7 368,142 52,592
2011 6 368,121 61,354
2012 6 324,126 54,021
2013 9 280,849 31,205
2014 6 288,311 48,052
2015 7 285,218 40,745
2016 9 313,732 34,859
2017 10 325,056 32,506
2018 10 343,320 34,332
2019 10 360,067 36,007
2020 8 361,334 45,167
2021 8 362,648 45,331
2022 10 335,338 33,534
2023 8 297,425 37,178

CEO Remuneration - ZAR:

Financial Year:Salary:Benefits:Cash BonusOtherTotal AnnualLTI PaymentTotal Including LTI
2008 2,921,358 495,747 2,000,000 0 5,417,105 0 5,417,105
2009 2,784,048 505,111 1,580,540 0 4,869,699 0 4,869,699
2010 3,212,202 540,561 379,275 0 4,132,038 0 4,132,038
2011 4,386,040 2,174,000 1,915,000 0 8,475,040 1,729,976 10,205,016
2012 4,441,177 0 325,000 6,300 4,772,477 0 4,772,477
2013 4,434,321 0 381,500 13,194 4,829,015 710,381 5,539,396
2014 2,262,838 198,006 0 5,646,328 8,107,172 116,683 8,223,855
2015 5,182,449 546,177 489,635 0 6,218,261 1,583,972 7,802,233
2016 4,584,281 302,454 0 2,823,610 7,710,345 223,026 7,933,371
2017 8,458,833 2,121,151 680,000 54,812 11,314,796 1,192,646 12,507,442
2018 10,350,863 703,753 20,491,330 163,697 31,709,643 0 31,709,643
2019 8,458,833 521,151 1,600,000 63,760 10,643,744 0 10,643,744
2020 6,940,555 131,183 54,576 1,637,175 8,763,489 0 8,763,489
2021 8,458,833 521,151 4,036,500 272,139 13,288,623 1,600,000 14,888,623
2022 8,875,766 546,730 0 58,972 9,481,468 0 9,481,468
2023 9,916,218 610,782 0 66,200 10,593,200 0 10,593,200

Executive Director Remuneration - ZAR:

Financial Year:No. of EDs:Total Salary:Total Annual RemunerationAverage SalaryAverage Remuneration
2008 4 7,445,342 12,571,301 1,861,336 3,142,825
2009 3 7,775,107 14,620,035 2,591,702 4,873,345
2010 3 5,164,150 7,379,036 1,721,383 2,459,679
2011 2 6,442,956 11,328,286 3,221,478 5,664,143
2012 2 6,602,152 7,091,151 3,301,076 3,545,576
2013 2 6,936,261 7,643,460 3,468,131 3,821,730
2014 3 5,481,510 13,299,391 1,827,170 4,433,130
2015 3 5,752,533 7,326,441 1,917,511 2,442,147
2016 3 6,783,071 12,600,951 2,261,024 4,200,317
2017 2 11,025,952 15,970,340 5,512,976 7,985,170
2018 4 11,158,804 33,751,043 2,789,701 8,437,761
2019 2 11,690,597 15,370,704 5,845,299 7,685,352
2020 2 9,628,852 12,191,817 4,814,426 6,095,909
2021 2 10,882,656 17,174,706 5,441,328 8,587,353
2022 1 8,875,766 9,481,468 8,875,766 9,481,468
2023 2 10,494,244 11,246,185 5,247,122 5,623,093