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GLOBAL RESEARCH ARCHIVE

ArcelorMittal: Transfer of coverage

Published: 2026-06-29Institution: BarclaysCompany / ticker: MT.LUPages: 9Original language: 英语Evidence page: 3

Research evidence excerpt

ArcelorMittal: Transfer of coverage

l Inc., which is a FINRA member, and therefore may not be subject to FINRA Rule

2241 restrictions on communications with a subject company, public appearances and trading securities held by a research analyst’s account.

Analysts regularly conduct site visits to view the material operations of covered companies, but Barclays policy prohibits them from accepting payment

or reimbursement by any covered company of their travel expenses for such visits.

Barclays Research Department produces various types of research including, but not limited to, fundamental analysis, equity-linked analysis,

quantitative analysis, and trade ideas. Recommendations contained in one type of Barclays Research may differ from those contained in other types of

Barclays Research, whether as a result of differing time horizons, methodologies, or otherwise.

In order to access Barclays Statement regarding Research Dissemination Policies and Procedures, please refer to https://

publicresearch.barclays.com/S/RD.htm. In order to access Barclays Research Conflict Management Policy Statement, please refer to: https://

publicresearch.barclays.com/S/CM.htm.

Primary Stocks (Ticker, Date, Price)

ArcelorMittal (MT.AS, 29-Jun-2026, EUR 51.50), Equal Weight/Neutral, CD/CE/FA/J

Unless otherwise indicated, prices are sourced from Bloomberg and reflect the closing price in the relevant trading market, which may not be the last

available closing price at the time of publication.

Disclosure Legend:

A: Barclays Bank PLC and/or an affiliate has been lead manager or co-lead manager of a publicly disclosed offer of securities of the issuer in the

previous 12 months.

B: An employee or non-executive director of Barclays PLC is a director of this issuer.

The English excerpt is extracted automatically from the cited source page and may contain layout or recognition errors. It is never batch translated.

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