Investor Presentaiton

"Best of Both” creates an unmatched value proposition focused on differentiation high Customer-centric innovation Redesigned business model Capital allocation focused on strategy execution Differentiation low low USS Higher process and product differentiation Lower capital intensity USS More variable cost BRS structure BIG RIVER STEEL Cost Competitiveness high Acquiring Big River Steel's leading technology, advanced manufacturing and talented mini mill operators drives significant value creation opportunities USS United States Steel Corporation 7

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