Philippe Baudon

Automotive components, selling to all OEM’s and most Tier 1 €370 M sales, 900 emp. 10 sites; growing, profitable and strategic activity for ArcelorMittal - Grew sales by 53% in 4 years; increased market share from 22 to 29%; improved profitability by 15% - Developed and industrialized a new, differentiating technology - Implemented WCM, achieving Gold level on the pilot site - Supervised JV’s in India and China; created a JV in China, to strengthen worldwide offer

Dist. & transformation activities in Germany, Benelux, Brazil, France, UK €5000 M sales, 6500 emp. > 100 sites - Implemented synergies among countries: better efficiency, higher service rate, stock optimization - Turned around the ‘Components’ activity (€1200 M sales, 1100 emp) in <1 year: from - €15 M to breakeven - Reduced structure and simplified operational set-up; sold non-core businesses - Participated to creation of an automotive dedicated JV in Brazil - Launched a sales excellence program

Steel distribution in Brazil, France, Iberia, Italy, Maghreb, Turkey €3200 M sales, 4000 emp. > 100 sites - Returned to profits: strong cost reduction, activities restructuring in West Eur - Substantially reduced working capital: strong cash generation - Turned around activities in Turkey, achieving best profitability of the perimeter already in <1 year; successfully ramped up a strategic investment in Eastern Tk - Integrated activities in Brazil, developed synergies with other Group entities

Steel processing activity in Europe. €3500 M sales, 3800 employees, 50 sites - Improved financial, operational and safety results, strengthened best practices’ exchanges - Defined in 6 months a strategy by country - Identified potential targets and negotiated acquisitions. Finalized acquisitions in Brazil and Sweden