Agenda and proposed resolutions of the Annual General Meeting
1. Presentation of the management report of the Board of Directors (the "Board of Directors") and the reports of the independent auditor on the financial statements of the Company (the "Parent Company Financial Statements") and the consolidated financial statements of the ArcelorMittal group (the "Consolidated Financial Statements") for the financial year 2016 in each case prepared in accordance with the International Financial Reporting Standards ("IFRS") as adopted by the European Union.
2. Approval of the Consolidated Financial Statements for the financial year 2016. [Resolution I]
3. Approval of the Parent Company Financial Statements for the financial year 2016. [Resolution II]
4. Allocation of results and determination of the dividend and the remuneration of the members of the Board of Directors in relation to the financial year 2016.
[Resolutions III and IV]
5. Discharge of the directors. [Resolution V]
6. Election of members of the Board of Directors. [Resolutions VI, VII, and VIII]
7. Appointment of an independent auditor in relation to the Parent Company Financial Statements and the Consolidated Financial Statements for the financial year 2017. [Resolution IX]
8. Authorisation of grants of share based incentives. [Resolution X]
Agenda and proposed resolutions of the Extraordinary General Meeting
1. Decision to effect a share consolidation with respect to all outstanding shares of the Company by means of a 1-for-3 reverse stock split on the Effective Date (as defined below) and to amend article 5.1 of the articles of association accordingly (the "Reverse Stock Split"). [Resolution I]
2. Decision to adjust, renew and extend the scope of the authorised share capital of the Company, to authorise the Board of Directors to limit or cancel the preferential subscription right of existing shareholders and to amend articles 5.2 and 5.5 of the articles of association accordingly. [Resolution II]
3. Decision to amend articles 4, 5, 7, 8, 9, 11, 13, 14 and 15 of the articles of association to reflect recent changes in Luxembourg law. [Resolution III]
4. Approval of the compulsory dematerialisation of all the shares in the Company in accordance with the law of 6th April 2013 on dematerialised securities and delegation of powers to the Board of Directors to inter alia determine the effective date of such compulsory dematerialisation. [Resolution IV]