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Ancora Reiterates Call for U.S. Steel's Board of Directors to Delay the 2025 Annual Meeting of Stockholders

1. Ancora Holdings urges U.S. Steel to postpone the 2025 Annual Meeting. 2. Uncertainty due to blocked sale to Nippon Steel impacts shareholder decisions.

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FAQ

Why Bearish?

Delaying the Annual Meeting reflects instability; historical trends show uncertainty often leads to stock declines.

How important is it?

The delay could indicate deeper issues within U.S. Steel's operations, affecting investor confidence.

Why Short Term?

Immediate reactions to uncertainty can affect stock prices quickly, as seen in past M&A blocks.

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CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), a shareholder of United States Steel Corporation (NYSE: X) (“U.S. Steel” or the “Company”), is reiterating its view that the Company's Board of Directors (the “Board”) can and should delay the 2025 Annual Meeting of Stockholders (the “Annual Meeting”) in light of the tremendous uncertainty related to the blocked sale to Nippon Steel Corporation (“Nippon”). Ancora is also encouraging all.

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