In compliance with paragraph 3.59 (a) of the Listings Requirements of JSE Limited, shareholders are hereby notified that the board of directors of ArcelorMittal South Africa (Board) has approved the appointment of Mr Mikhail Maasdorp as a non-executive director of the Company with effect from 1 March 2025.
Mr Maasdorp has held numerous roles in the financial services sector in South Africa. He has a Bachelor of Commerce degree and is a Chartered Alternative Investment Analyst and Chartered Financial Analyst. He was nominated for appointment by the Company’s B-BBEE partner under the provisions of the B-BBEE transaction agreements implemented in 2016 and also serves as a director of Likamva Resources (Pty) Ltd, the controlling shareholder of the B-BBEE partner.
The board congratulates Mr Maasdorp on his appointment and looks forward to his valuable contribution to the Company.