Tag: GlobeNewswire

TORONTO, Nov. 02, 2026 (GLOBE NEWSWIRE) — Summit Royalties Ltd. (TSXV: SUM, OTCQX: SUMMF) (“Summit” or the “Corporation“) is pleased to announce the promotion of Kathy Lai to Chief Financial Officer and Corporate Secretary, effective as of November 1, 2026. Ms. Lai succeeds Robert Doyle, who had served as Summit’s Chief Financial Officer and Corporate Secretary since its go-public transaction in November 2025.

Ms. Lai joined Summit as Vice President, Finance on July 3, 2026, following Summit’s acquisition of Star Royalties Ltd. (“Star“), where she previously served as Vice President, Finance. Ms. Lai brings over 20 years of experience in financial planning and analysis, financial reporting and corporate finance, with a background supporting finance functions across public and private companies.

Mr. Doyle has stepped down as Chief Financial Officer and Corporate Secretary and will remain with Summit through December 2026 to support an orderly transition. During his tenure, Mr. Doyle guided Summit through its go-public transaction and its transition to a publicly listed company, including its listing on the TSX Venture Exchange, and supported the Corporation through a period of significant growth, including the acquisition of Star. The board of directors and management of Summit thank Mr. Doyle for his dedication and valuable contributions to the Corporation and wish him continued success.

Drew Clark, President and Chief Executive Officer of Summit, commented: “On behalf of the Board and the entire Summit team, I want to sincerely thank Robert for his many contributions to Summit. Robert’s experience and steady leadership were instrumental as we completed our go-public transaction and made the transition to a public company, and he helped lay the financial foundation that has supported our growth since. We are grateful that he will continue to support the transition through the end of the year. I am also delighted to welcome Kathy to our management team as Chief Financial Officer and Corporate Secretary. Kathy brings deep financial expertise and has already made a meaningful impact since joining us from Star, and I am confident she is the right person to carry this role forward as we continue to execute on our strategy of disciplined, accretive growth.”

Other Corporate Update

Further to its news release dated October 8, 2026 entitled “Summit Royalties Announces Marketing and Investor Relations Agreements”, the Corporation provides an update on its investor relations agreement (the “DKCP Agreement“) with 15605237 Canada Inc. (doing business as DK Capital Partners) (“DKCP“). As DKCP has completed at least 50% of the meetings contemplated under the DKCP Agreement, the Corporation has paid DKCP the remaining C$7,500 of the C$30,000 cash fee payable under the DKCP Agreement, plus applicable taxes. The Corporation further clarifies that, if the DKCP Agreement is renewed following its initial four-month term, DKCP will receive a monthly fee of C$8,500, plus applicable taxes, for the duration of the renewal period.

About Summit Royalties Ltd.

Summit Royalties Ltd. is a precious metals royalty and streaming company. Its current portfolio is anchored by cash-flowing production with additional royalties on advanced development- and exploration-stage properties. Summit intends to become the fastest-growing royalty and streaming company by executing actionable, accretive acquisitions that increase production and drive cash flow growth. The Corporation’s registered office is located at One First Canadian Place, Suite 3400, Toronto, ON, M5X 1A4.

ON BEHALF OF THE BOARD OF DIRECTORS OF SUMMIT ROYALTIES LTD.

Drew Clark
President and Chief Executive Officer
Summit Royalties Ltd.

For more information, contact:

Connor Pugliese, Vice President, Corporate Development
info@summit-royalties.com
+1 (289) 380-1960

Follow Summit Royalties:

LinkedIn: https://www.linkedin.com/company/summit-royalties
X: https://x.com/SummitRoyalties

Forward-looking Statements

Certain statements contained in this news release may be deemed “forward-looking statements” within the meaning of applicable Canadian securities laws. These forward-looking statements, by their nature, require the Corporation to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forward-looking statements. Forward-looking statements are not guarantees of performance. Words such as “may”, “will”, “would”, “could”, “expect”, “believe”, “plan”, “anticipate”, “intend”, “estimate”, “continue”, or the negative or comparable terminology, as well as terms usually used in the future and the conditional, are intended to identify forward-looking statements. Information contained in forward-looking statements, including with respect to the expected transition period through which Mr. Doyle will remain with the Corporation; any potential renewal of the DKCP Agreement; and the Corporation’s strategy, objectives, anticipated growth and ability to execute acquisitions that increase production, drive cash flow growth and create long-term value for shareholders, are based upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection, including management’s perceptions of historical trends, current conditions and expected future developments, current information available to the management of the Corporation, as well as other considerations that are believed to be appropriate in the circumstances. The Corporation considers its assumptions to be reasonable based on information currently available, but cautions the reader that its assumptions regarding future events, many of which are beyond the control of the Corporation, may ultimately prove to be incorrect since they are subject to risks and uncertainties that affect the Corporation and its businesses.

For additional information with respect to these and other factors and assumptions underlying the forward-looking statements made in this news release concerning the Corporation, see the section entitled “Risks and Uncertainties” in the most recent management discussion and analysis of Summit which is filed with the Canadian securities commissions and available electronically on SEDAR+ (www.sedarplus.ca) under Summit’s issuer profile. The forward-looking statements set forth herein concerning the Corporation reflect management’s expectations as at the date of this news release and are subject to change after such date. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

HOUSTON, Nov. 02, 2026 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today a monthly distribution of $0.095 per share for November 2026. This distribution is payable to common stockholders on November 30, 2026 (as outlined in the table below).

The Company declares and pays distributions monthly. Payment of future distributions is subject to the approval of the Company’s Board of Directors, as well as meeting the covenants on the Company’s debt agreements and the terms of its preferred stock.

Record Date / Ex-Date	Payment Date	Distribution Amount		Return of Capital Estimate
11/16/26	11/30/26	$0.095		5%(1)

^{(1)    This estimate is based on the Company’s anticipated earnings and profits. The final determination of the tax character of distributions will not be determinable until after the end of fiscal 2026 and may differ substantially from this preliminary information.}

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock trades on the NYSE. The Company’s investment objective is to provide a high after-tax total return with an emphasis on making cash distributions to stockholders. KYN intends to achieve this objective by investing at least 80% of its total assets in securities of Energy Infrastructure Companies. See Glossary of Key Terms in the Company’s most recent quarterly or annual report for a description of these investment categories and the meaning of capitalized terms.

The Company pays cash distributions to common stockholders at a rate that may be adjusted from time to time. Distribution amounts are not guaranteed and may vary depending on a number of factors, including changes in portfolio holdings and market conditions. 

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of any securities in any jurisdiction in which such offer or sale is not permitted. Nothing contained in this press release is intended to recommend any investment policy or investment strategy or consider any investor’s specific objectives or circumstances. Before investing, please consult with your investment, tax, or legal adviser regarding your individual circumstances.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This communication contains statements reflecting assumptions, expectations, projections, intentions, or beliefs about future events. These and other statements not relating strictly to historical or current facts constitute forward-looking statements as defined under the U.S. federal securities laws. Forward-looking statements involve a variety of risks and uncertainties. Risks include, but are not limited to, changes in economic and political conditions; regulatory and legal changes; energy industry risk; leverage risk; valuation risk; interest rate risk; tax risk; and other risks discussed in detail in the Company’s filings with the SEC, available at www.kaynefunds.com or www.sec.gov. Actual results or events could differ materially from these statements or our present expectations or projections. You should not place undue reliance on these forward-looking statements, which speak only as of the date they are made. Kayne Anderson undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the Company’s investment objectives will be attained.

Contact investor relations at 877-657-3863 or cef@kayneanderson.com.

CLEVELAND, Nov. 02, 2026 (GLOBE NEWSWIRE) — Abeona Therapeutics Inc. (Nasdaq: ABEO) today announced it has granted equity awards to new non-executive employees who joined the Company. The equity awards were approved in accordance with Nasdaq Listing Rule 5635(c)(4).

On October 31, 2026, the Compensation Committee of Abeona’s Board of Directors granted restricted stock equity awards as a material inducement to employment to two individuals hired by Abeona, which equity awards relate to, in the aggregate, up to 5,100 restricted shares of Abeona common stock. One-third of the shares subject to such restricted stock awards is scheduled to vest yearly on each anniversary of the Grant Date, such that the shares subject to such restricted stock awards granted to each employee are scheduled to be fully vested on the third anniversary of the Grant Date, in each case, subject to each employee’s continued employment with Abeona on the applicable vesting dates.

About Abeona Therapeutics

Abeona Therapeutics Inc. is a commercial-stage biopharmaceutical company developing cell and gene therapies for serious diseases. Abeona’s ZEVASKYN^® (prademagene zamikeracel) is the first and only autologous cell-based gene therapy for the treatment of wounds in adult and pediatric patients with recessive dystrophic epidermolysis bullosa (RDEB). The Company’s fully integrated cell and gene therapy cGMP manufacturing facility in Cleveland, Ohio, serves as the manufacturing site for ZEVASKYN commercial production. The Company’s development portfolio features ABO-701 (PSMA-SIR-T™), a potentially first-in-class engineered T-cell therapy targeting PSMA, engineered to overcome the core failures of cell therapies in solid tumors. For more information, visit www.abeonatherapeutics.com.

ZEVASKYN^®, Abeona Assist^®, Abeona Therapeutics^®, and their related logos are trademarks of Abeona Therapeutics Inc.

CONTACT: Contacts:

Investor and Media:
Greg Gin
VP, Investor Relations and Corporate Communications
Abeona Therapeutics
ir@abeonatherapeutics.com

Investor:
Lee M. Stern
Meru Advisors
lstern@meruadvisors.com

CLEVELAND, Nov. 02, 2026 (GLOBE NEWSWIRE) — Abeona Therapeutics Inc. (Nasdaq: ABEO) today announced it has granted equity awards to new non-executive employees who joined the Company. The equity awards were approved in accordance with Nasdaq Listing Rule 5635(c)(4).

On October 31, 2026, the Compensation Committee of Abeona’s Board of Directors granted restricted stock equity awards as a material inducement to employment to two individuals hired by Abeona, which equity awards relate to, in the aggregate, up to 5,100 restricted shares of Abeona common stock. One-third of the shares subject to such restricted stock awards is scheduled to vest yearly on each anniversary of the Grant Date, such that the shares subject to such restricted stock awards granted to each employee are scheduled to be fully vested on the third anniversary of the Grant Date, in each case, subject to each employee’s continued employment with Abeona on the applicable vesting dates.

About Abeona Therapeutics

Abeona Therapeutics Inc. is a commercial-stage biopharmaceutical company developing cell and gene therapies for serious diseases. Abeona’s ZEVASKYN^® (prademagene zamikeracel) is the first and only autologous cell-based gene therapy for the treatment of wounds in adult and pediatric patients with recessive dystrophic epidermolysis bullosa (RDEB). The Company’s fully integrated cell and gene therapy cGMP manufacturing facility in Cleveland, Ohio, serves as the manufacturing site for ZEVASKYN commercial production. The Company’s development portfolio features ABO-701 (PSMA-SIR-T™), a potentially first-in-class engineered T-cell therapy targeting PSMA, engineered to overcome the core failures of cell therapies in solid tumors. For more information, visit www.abeonatherapeutics.com.

ZEVASKYN^®, Abeona Assist^®, Abeona Therapeutics^®, and their related logos are trademarks of Abeona Therapeutics Inc.

CONTACT: Contacts:

Investor and Media:
Greg Gin
VP, Investor Relations and Corporate Communications
Abeona Therapeutics
ir@abeonatherapeutics.com

Investor:
Lee M. Stern
Meru Advisors
lstern@meruadvisors.com

RESTON, Va., Nov. 02, 2026 (GLOBE NEWSWIRE) — Science Applications International Corp. (NASDAQ: SAIC) a leading mission integrator supporting defense, space, intelligence, and civilian agencies, announced today that it intends to commence an offering of $400 million aggregate principal amount of senior notes due 2034 (the “Notes”), subject to market and certain other conditions (the “Offering”). The Notes will be guaranteed on a senior unsecured basis by each of SAIC’s existing and future domestic subsidiaries that guarantee SAIC’s obligations under its credit agreement and certain other indebtedness, including its 5.875% Senior Notes due 2033.

SAIC intends to use the net proceeds from the Offering, together with cash on hand, to redeem all of its outstanding 4.875% Senior Notes due 2028 (the “2028 Notes”) and to pay estimated fees and expenses of the Offering. The redemption of the 2028 Notes will be conditioned upon the consummation of the Offering. This press release does not constitute a notice of redemption with respect to the 2028 Notes.

The Notes and the related guarantees are being offered and sold to persons reasonably believed to be “qualified institutional buyers” in reliance on the exemption from registration set forth in Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside the United States in reliance on the exemption from registration set forth in Regulation S under the Securities Act. The Notes and the related guarantees have not been registered for sale under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy the Notes or any other securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. Any offers of the Notes will be made only by means of a private offering memorandum. The Notes being offered have not been approved or disapproved by any regulatory authority, nor has any such authority passed upon the accuracy or adequacy of the applicable private offering memorandum.

About SAIC
SAIC® is a premier mission integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, intelligence, and civilian markets includes secure high-end solutions in mission IT, enterprise IT, engineering services, and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.

We are approximately 23,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.3 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.

Forward-Looking Statements
Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, statements relating to the Offering, our ability to complete the Offering, the anticipated use of net proceeds therefrom, and the redemption of the 2028 Notes. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission (the “SEC”), which may be viewed or obtained through the Investor Relations section of our website or on the SEC’s website. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.

Media Contact
Caralyn Duke
Senior Manager, Media Relations
publicrelations@saic.com

Investor Relations Contact
Jon Raviv
VP, Investor Relations
investorrelations@saic.com

RESTON, Va., Nov. 02, 2026 (GLOBE NEWSWIRE) — Science Applications International Corp. (NASDAQ: SAIC) a leading mission integrator supporting defense, space, intelligence, and civilian agencies, announced today that it intends to commence an offering of $400 million aggregate principal amount of senior notes due 2034 (the “Notes”), subject to market and certain other conditions (the “Offering”). The Notes will be guaranteed on a senior unsecured basis by each of SAIC’s existing and future domestic subsidiaries that guarantee SAIC’s obligations under its credit agreement and certain other indebtedness, including its 5.875% Senior Notes due 2033.

SAIC intends to use the net proceeds from the Offering, together with cash on hand, to redeem all of its outstanding 4.875% Senior Notes due 2028 (the “2028 Notes”) and to pay estimated fees and expenses of the Offering. The redemption of the 2028 Notes will be conditioned upon the consummation of the Offering. This press release does not constitute a notice of redemption with respect to the 2028 Notes.

The Notes and the related guarantees are being offered and sold to persons reasonably believed to be “qualified institutional buyers” in reliance on the exemption from registration set forth in Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside the United States in reliance on the exemption from registration set forth in Regulation S under the Securities Act. The Notes and the related guarantees have not been registered for sale under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy the Notes or any other securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. Any offers of the Notes will be made only by means of a private offering memorandum. The Notes being offered have not been approved or disapproved by any regulatory authority, nor has any such authority passed upon the accuracy or adequacy of the applicable private offering memorandum.

About SAIC
SAIC® is a premier mission integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, intelligence, and civilian markets includes secure high-end solutions in mission IT, enterprise IT, engineering services, and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.

We are approximately 23,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.3 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.

Forward-Looking Statements
Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, statements relating to the Offering, our ability to complete the Offering, the anticipated use of net proceeds therefrom, and the redemption of the 2028 Notes. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission (the “SEC”), which may be viewed or obtained through the Investor Relations section of our website or on the SEC’s website. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.

Media Contact
Caralyn Duke
Senior Manager, Media Relations
publicrelations@saic.com

Investor Relations Contact
Jon Raviv
VP, Investor Relations
investorrelations@saic.com

2 November 2026, 13:30 CET

ArcelorMittal (‘the Company’) today announces the publication of its third quarter 2026 sell-side analyst consensus figures.

The consensus figures are based on analysts’ estimates recorded on an external web-based tool provided and managed by an independent company, Visible Alpha.

To arrive at the consensus figures below, Visible Alpha has aggregated the expectations of sell-side analysts who, to the best of our knowledge, cover ArcelorMittal on a continuous basis. The listed sell-side analysts follow ArcelorMittal on their own initiative and ArcelorMittal is not responsible for their views. ArcelorMittal is neither involved in the collection of the information nor in the compilation of the estimates.

3Q’26 consensus estimates:

     3Q’26    

• EBITDA ($m)   $1,972  
• Adjusted net income* ($m)  $652 
• Adjusted earnings per share* ($) $0.84  

* Adjusted net income and adjusted earnings per share excludes the anticipated non-cash charges related to the idling of ArcelorMittal Kryvyi Rih (Ukraine), as announced on September 25, 2026 (click here).

Equity analyst contributing to consensus:

Sell-side analyst participation of 12 brokers (i.e., those with updated estimates in Visible Alpha). The sell-side analysts who cover ArcelorMittal and whose estimates are included in the 3Q’26 consensus outlined above are the following:

1. Bank of America – Reinhardt Van Der Walt**
2. CITI – Ephrem Ravi, Krishan Agarwal
3. Deutsche Bank – Bastian Synagowitz
4. Goldman Sachs – Matt Greene
5. ING – Stijn Demeester**
6. Jefferies – Cole Hathorn
7. Kepler – Boris Bourdet
8. Keybanc – Samuel Mckinney**
9. Morgan Stanley – Alain Gabriel
10. Oddo – Maxime Kogge
11. UBS – Andrew Jones
12. Wells Fargo – Timna Tanners**

**Analysts whose estimates have not yet been appropriately updated to reflect the previously announced Ukraine impairment have been excluded from the adjusted net income and adjusted EPS consensus.

Disclaimer

Estimates based on Visible Alpha consensus dated 30.10.26. The disclaimer is:

The information provided by Visible Alpha cited herein is provided “as is” and “as available” without warranty of any kind. Use of any Visible Alpha data is at a user’s own risk and Visible Alpha disclaims any liability for use of the Visible Alpha data. Although the information is obtained or compiled from reliable sources Visible Alpha neither can nor does guarantee or make any representation or warranty, either express or implied, as to the accuracy, validity, sequence, timeliness, completeness or continued availability of any information or data, including third-party content, made available herein. In no event shall Visible Alpha be liable for any decision made or action or inaction taken in reliance on any information or data, including third-party content. Visible Alpha further explicitly disclaims, to the fullest extent permitted by applicable law, any warranty of any kind, whether express or implied, including warranties of merchantability, fitness for a particular purpose and non-infringement.

The consensus estimate is based on estimates, forecasts and predictions made by third party financial analysts, as described above. It is not prepared based on information provided or checked by ArcelorMittal and can only be seen as a consensus view on ArcelorMittal’s results from an outside perspective. ArcelorMittal has not provided input on these forecasts, except by referring to past publicly disclosed information. ArcelorMittal does not accept any responsibility for the quality or accuracy of any individual forecast or estimate. This web page may contain forward-looking statements based on current assumptions and forecasts made by ArcelorMittal or third parties. Various known and unknown risks, uncertainties and other factors could lead to material differences between ArcelorMittal’s actual future results, financial situation, development or performance, and the estimates given here. These factors include those discussed in ArcelorMittal’s periodic reports available on http://corporate.arcelormittal.com/.

ENDS

About ArcelorMittal
 
ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 14 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India. ArcelorMittal sells its products to a diverse range of customers including the automotive, engineering, construction and machinery industries, and in 2025 generated revenues of $61.4 billion, produced 55.6 million metric tonnes of crude steel and 48.8 million tonnes of iron ore. Our purpose is to produce smarter steels for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for the renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change.
 
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
   
http://corporate.arcelormittal.com/  

ArcelorMittal Investor Relations contact information
General	+44 20 7543 1128
Retail	+44 20 3214 2893
Bonds/Credit	+33 157 955 035

ArcelorMittal Corporate Communications contact information
Paul Weigh
Tel:	+44 20 3214 2419
E-mail	press@arcelormittal.com

Attachment

• ArcelorMittal announces the publication of its third quarter 2026 sell-side analyst consensus figures FINAL 021126

2 November 2026, 13:30 CET

ArcelorMittal (‘the Company’) today announces the publication of its third quarter 2026 sell-side analyst consensus figures.

The consensus figures are based on analysts’ estimates recorded on an external web-based tool provided and managed by an independent company, Visible Alpha.

To arrive at the consensus figures below, Visible Alpha has aggregated the expectations of sell-side analysts who, to the best of our knowledge, cover ArcelorMittal on a continuous basis. The listed sell-side analysts follow ArcelorMittal on their own initiative and ArcelorMittal is not responsible for their views. ArcelorMittal is neither involved in the collection of the information nor in the compilation of the estimates.

3Q’26 consensus estimates:

     3Q’26    

• EBITDA ($m)   $1,972  
• Adjusted net income* ($m)  $652 
• Adjusted earnings per share* ($) $0.84  

* Adjusted net income and adjusted earnings per share excludes the anticipated non-cash charges related to the idling of ArcelorMittal Kryvyi Rih (Ukraine), as announced on September 25, 2026 (click here).

Equity analyst contributing to consensus:

Sell-side analyst participation of 12 brokers (i.e., those with updated estimates in Visible Alpha). The sell-side analysts who cover ArcelorMittal and whose estimates are included in the 3Q’26 consensus outlined above are the following:

1. Bank of America – Reinhardt Van Der Walt**
2. CITI – Ephrem Ravi, Krishan Agarwal
3. Deutsche Bank – Bastian Synagowitz
4. Goldman Sachs – Matt Greene
5. ING – Stijn Demeester**
6. Jefferies – Cole Hathorn
7. Kepler – Boris Bourdet
8. Keybanc – Samuel Mckinney**
9. Morgan Stanley – Alain Gabriel
10. Oddo – Maxime Kogge
11. UBS – Andrew Jones
12. Wells Fargo – Timna Tanners**

**Analysts whose estimates have not yet been appropriately updated to reflect the previously announced Ukraine impairment have been excluded from the adjusted net income and adjusted EPS consensus.

Disclaimer

Estimates based on Visible Alpha consensus dated 30.10.26. The disclaimer is:

The information provided by Visible Alpha cited herein is provided “as is” and “as available” without warranty of any kind. Use of any Visible Alpha data is at a user’s own risk and Visible Alpha disclaims any liability for use of the Visible Alpha data. Although the information is obtained or compiled from reliable sources Visible Alpha neither can nor does guarantee or make any representation or warranty, either express or implied, as to the accuracy, validity, sequence, timeliness, completeness or continued availability of any information or data, including third-party content, made available herein. In no event shall Visible Alpha be liable for any decision made or action or inaction taken in reliance on any information or data, including third-party content. Visible Alpha further explicitly disclaims, to the fullest extent permitted by applicable law, any warranty of any kind, whether express or implied, including warranties of merchantability, fitness for a particular purpose and non-infringement.

The consensus estimate is based on estimates, forecasts and predictions made by third party financial analysts, as described above. It is not prepared based on information provided or checked by ArcelorMittal and can only be seen as a consensus view on ArcelorMittal’s results from an outside perspective. ArcelorMittal has not provided input on these forecasts, except by referring to past publicly disclosed information. ArcelorMittal does not accept any responsibility for the quality or accuracy of any individual forecast or estimate. This web page may contain forward-looking statements based on current assumptions and forecasts made by ArcelorMittal or third parties. Various known and unknown risks, uncertainties and other factors could lead to material differences between ArcelorMittal’s actual future results, financial situation, development or performance, and the estimates given here. These factors include those discussed in ArcelorMittal’s periodic reports available on http://corporate.arcelormittal.com/.

ENDS

About ArcelorMittal
 
ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 14 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India. ArcelorMittal sells its products to a diverse range of customers including the automotive, engineering, construction and machinery industries, and in 2025 generated revenues of $61.4 billion, produced 55.6 million metric tonnes of crude steel and 48.8 million tonnes of iron ore. Our purpose is to produce smarter steels for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for the renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change.
 
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
   
http://corporate.arcelormittal.com/  

ArcelorMittal Investor Relations contact information
General	+44 20 7543 1128
Retail	+44 20 3214 2893
Bonds/Credit	+33 157 955 035

ArcelorMittal Corporate Communications contact information
Paul Weigh
Tel:	+44 20 3214 2419
E-mail	press@arcelormittal.com

Attachment

• ArcelorMittal announces the publication of its third quarter 2026 sell-side analyst consensus figures FINAL 021126

Baltic Horizon Capital AS, the management company of Baltic Horizon Fund, hereby informs of changes in the management board.

This follows the announcement of 15 October 2026, where Baltic Horizon Capital AS proposed Ülari Niinemägi for appointment to the management board of Baltic Horizon Capital AS.

On 30 October 2026, the Supervisory Board of Baltic Horizon Capital AS elected Ülari Niinemägi as a new member of the management board starting 1 November 2026 for a period of four years.

Ülari Niinemägi strengthens the Fund’s asset management team, working alongside Edvinas Karbauskas, the Fund Manager, in managing Baltic Horizon Fund’s portfolio. Starting from 1 November 2026, the management board of Baltic Horizon Capital AS consists of Edvinas Karbauskas (the Chairman of the Board), Gerda Bliuvienė and Ülari Niinemägi.

Ülari Niinemägi has more than twenty years of experience in commercial real estate asset and property management in the Baltics. Since December 2025, he has been responsible for the day-to-day management of Baltic Horizon Fund’s Estonian properties. Before that, from November 2022 to December 2025, he managed US Real Estate’s cash-flow portfolio in Tallinn. From 2007 to 2019, he worked at BPT Real Estate, where he was the chief executive officer of the Estonian unit from 2016, having previously led the group’s development activities in Estonia, Latvia, Lithuania and Poland. Ülari holds a diploma in real estate management from Tallinn University of Technology.

For additional information, please contact:

Edvinas Karbauskas
Baltic Horizon Fund manager
E-mail edvinas.karbauskas@baltichorizon.com
www.baltichorizon.com

Baltic Horizon Fund is a registered contractual public closed-end real estate fund managed by Alternative Investment Fund Manager license holder Baltic Horizon Capital AS.

Distribution: GlobeNewswire, Nasdaq Tallinn, www.baltichorizon.com

To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on www.baltichorizon.com. You can also follow Baltic Horizon Fund on LinkedIn and YouTube.

Baltic Horizon Capital AS, the management company of Baltic Horizon Fund, hereby informs of changes in the management board.

This follows the announcement of 15 October 2026, where Baltic Horizon Capital AS proposed Ülari Niinemägi for appointment to the management board of Baltic Horizon Capital AS.

On 30 October 2026, the Supervisory Board of Baltic Horizon Capital AS elected Ülari Niinemägi as a new member of the management board starting 1 November 2026 for a period of four years.

Ülari Niinemägi strengthens the Fund’s asset management team, working alongside Edvinas Karbauskas, the Fund Manager, in managing Baltic Horizon Fund’s portfolio. Starting from 1 November 2026, the management board of Baltic Horizon Capital AS consists of Edvinas Karbauskas (the Chairman of the Board), Gerda Bliuvienė and Ülari Niinemägi.

Ülari Niinemägi has more than twenty years of experience in commercial real estate asset and property management in the Baltics. Since December 2025, he has been responsible for the day-to-day management of Baltic Horizon Fund’s Estonian properties. Before that, from November 2022 to December 2025, he managed US Real Estate’s cash-flow portfolio in Tallinn. From 2007 to 2019, he worked at BPT Real Estate, where he was the chief executive officer of the Estonian unit from 2016, having previously led the group’s development activities in Estonia, Latvia, Lithuania and Poland. Ülari holds a diploma in real estate management from Tallinn University of Technology.

For additional information, please contact:

Edvinas Karbauskas
Baltic Horizon Fund manager
E-mail edvinas.karbauskas@baltichorizon.com
www.baltichorizon.com

Baltic Horizon Fund is a registered contractual public closed-end real estate fund managed by Alternative Investment Fund Manager license holder Baltic Horizon Capital AS.

Distribution: GlobeNewswire, Nasdaq Tallinn, www.baltichorizon.com

To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on www.baltichorizon.com. You can also follow Baltic Horizon Fund on LinkedIn and YouTube.