Shareholders approve all resolutions on the agenda of ArcelorMittal’s Annual General Meeting
Luxembourg, 12 May 2009 – The Annual General Meeting of shareholders of ArcelorMittal held today in Luxembourg approved all resolutions on the agenda.
722,051,341 shares, or 49.86% of the Company’s share capital, were present or represented at the meeting. All the resolutions on the Annual General Meeting’s agenda were adopted by the shareholders by an overwhelming majority.
In particular, the shareholders acknowledged the expirations of the mandates of Michel Marti, Sergio Silva de Freitas, Wilbur L. Ross, Narayanan Vaghul, François Pinault and Jean-Pierre Hansen as members of the Board of Directors. They elected Wilbur L. Ross, Narayanan Vaghul and François Pinault as members of the Board of Directors.
In addition, Ignacio Fernández Toxo stepped down from the Board of Directors effective today.
ArcelorMittal had also convened its shareholders to an Extraordinary General Meeting, which was to immediately follow the Annual General Meeting. However, the quorum required for that meeting, namely 50% of the issued share capital, was not reached, and the Extraordinary General Meeting will therefore be reconvened to a new date to be announced by the Company in due course.
Luxembourg, 12 May 2009 – The Annual General Meeting of shareholders of ArcelorMittal held today in Luxembourg approved all resolutions on the agenda.
722,051,341 shares, or 49.86% of the Company’s share capital, were present or represented at the meeting. All the resolutions on the Annual General Meeting’s agenda were adopted by the shareholders by an overwhelming majority.
In particular, the shareholders acknowledged the expirations of the mandates of Michel Marti, Sergio Silva de Freitas, Wilbur L. Ross, Narayanan Vaghul, François Pinault and Jean-Pierre Hansen as members of the Board of Directors. They elected Wilbur L. Ross, Narayanan Vaghul and François Pinault as members of the Board of Directors.
In addition, Ignacio Fernández Toxo stepped down from the Board of Directors effective today.
ArcelorMittal had also convened its shareholders to an Extraordinary General Meeting, which was to immediately follow the Annual General Meeting. However, the quorum required for that meeting, namely 50% of the issued share capital, was not reached, and the Extraordinary General Meeting will therefore be reconvened to a new date to be announced by the Company in due course.
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