ArcelorMittal South Africa says talks with IDC, ArcelorMittal Group on potential deal remain advanced

• ArcelorMittal South Africa issued a further cautionary statement.
• It remains in advanced talks with ArcelorMittal Group and the Industrial Development Corp. on a potential transaction.
• Proceeding with definitive agreements remains subject to pre-conditions and regulatory approvals.
• The company told shareholders to continue exercising caution when dealing in its securities until a further update is released.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ArcelorMittal South Africa Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S604741), on October 12, 2026, and is solely responsible for the information contained therein.