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CLEVELAND-CLIFFS INC. Director's Dealing 2025

Oct 3, 2025

30881_dirs_2025-10-03_3456945f-1b23-4d09-8b35-8ed6cd92fe81.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CLEVELAND-CLIFFS INC. (CLF)
CIK: 0000764065
Period of Report: 2025-10-01

Reporting Person: CRONIN JANE M. (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-10-01 Common Shares A 3215 $12.44 Acquired 51230 Direct

Footnotes

F1: Reflects the number of common shares issued to the Reporting Person in payment of the Reporting Person's quarterly retainer in lieu of cash for the fourth quarter pursuant to the Reporting Person's election to participate in the Cleveland-Cliffs Inc. Nonemployee Director Retainer Share Election Program. The Reporting Person elected to participate in the Retainer Election Program at 100%.