1. Political Donations Policy of the U. S. Steel PAC
U. S. Steel has established a political action committee (PAC) pursuant to
Sections 441b and 441c of Title 2 of the United States Code and applicable state
law. The exclusive purpose for which the PAC is used is to accept funds
solicited on its behalf and to utilize the funds in support of the nomination,
election, or re-election of individuals who are candidates for federal and, where
permitted by law, state and local elective public offices. The PAC is not used to
engage in any other activity and, in particular, is not used to influence, or attempt
to influence, any legislative or administrative action, or the outcome of any
initiative, referendum or other matter submitted to the vote of an electorate. In
selecting candidates to receive donations the PAC is guided by the principle that
the general business interests of U. S. Steel are served by fostering a political
and economic environment conducive to the preservation of the competitive free
enterprise system. Donations are made only to (1) individuals who have publicly
announced that they are candidates for nomination or election (including re-
election) to federal, or where permitted by law, state or local elective public
offices in primary, general or special elections for use by such individuals to
further their candidacies, provided that such individuals are qualified to hold such
offices; (2) committees, associations or organizations organized and operated
exclusively for the purpose of influencing, or attempting to influence, the
nomination or election ( including re-election) of one or more individuals
described above, for use by such committee, association or organization to
further the candidacy of such individual of individuals; (3) the national committee
of a national political party; (4) a state committee of a national political party as
designated by the national committee of such party; or (5) a local committee.