Form 8-K

8-K — CLEVELAND-CLIFFS INC.

Accession: 0000764065-26-000086

Filed: 2026-05-20

Period: 2026-05-14

CIK: 0000764065

SIC: 1000 (METAL MINING)

Item: Submission of Matters to a Vote of Security Holders

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8-K — clf-20260514.htm (Primary)

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): May 14, 2026

CLEVELAND-CLIFFS INC.

(Exact name of registrant as specified in its charter)

Ohio 1-8944 34-1464672

(State or Other Jurisdiction of Incorporation or Organization) (Commission File Number) (IRS Employer Identification No.)

200 Public Square, Suite 3300, Cleveland, Ohio 44114-2315

(Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code: (216) 694-5700

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered:

Common Shares, par value $0.125 per share CLF New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (Section 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (Section 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.07. Submission of Matters to a Vote of Security Holders.

The Annual Meeting of Shareholders (the “Annual Meeting”) of Cleveland-Cliffs Inc. (the “Company”) was held on May 14, 2026. The final voting results for the proposals submitted for a vote of shareholders at the Annual Meeting are set forth below.

As of March 16, 2026, the record date for the Annual Meeting, there were 570,396,523 common shares of the Company entitled to vote at the Annual Meeting. Each such share was entitled to one vote. There were present at the Annual Meeting, in person or by proxy, holders of 438,875,947 common shares representing more than a majority of the voting power and constituting a quorum.

At the Annual Meeting, the shareholders voted on the following items:

Proposal No. 1: Election of Directors

All of the Company's nominees were elected as directors by the votes indicated below for a term that will expire on the date of the Company's 2027 annual meeting of shareholders:

NOMINEES FOR WITHHELD BROKER

NON-VOTES

Lourenco Goncalves 325,012,841 12,433,346 101,429,760

Ralph S. Michael, III 323,157,420 14,288,767 101,429,760

John T. Baldwin 324,604,477 12,841,710 101,429,760

Ron A. Bloom 328,361,494 9,084,693 101,429,760

Edilson T. Camara 328,766,034 8,680,153 101,429,760

Jane M. Cronin 330,193,001 7,253,186 101,429,760

Ben Oren 328,724,383 8,721,804 101,429,760

Arlene M. Yocum 329,777,762 7,668,425 101,429,760

Proposal No. 2: Approval, on an Advisory Basis, of our Named Executive Officers' Compensation

This proposal received an affirmative vote of more than a majority of the shares present, in person or represented by proxy, at the Annual Meeting and entitled to vote. The voting results were as follows:

FOR 283,241,027

AGAINST 52,583,706

ABSTAIN 1,621,454

BROKER NON-VOTES 101,429,760

Proposal No. 3: Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for 2026

FOR 427,885,151

AGAINST 9,601,163

ABSTAIN 1,389,633

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CLEVELAND-CLIFFS INC.

Date: May 20, 2026 By: /s/ James D. Graham

Name: James D. Graham

Title: Executive Vice President, Chief Legal and Administrative Officer & Secretary

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