SCHEDULE 13G 0001040273 XXXXXXXX LIVE United States Steel Corporation Common Stock 04/30/2025 0001163302 UNITED STATES STEEL CORP 912909108 600 Grant Street Pittsburgh PA 15219-2800 Rule 13d-1(c) Third Point LLC DE 0 12250000 0 12250000 12250000 N 5.4 OO The number of shares of United States Steel Corporation Common Stock (the "Common Stock") of United States Steel Corporation (the "Issuer") beneficially owned by the Reporting Persons as set forth in Row 9 (such shares, the "Shares") consists of 11,250,000 shares of Common Stock and 1,000,000 shares of Common Stock underlying call options. Calculations of the percentage set forth in Row 11 are based on the quotient obtained by dividing (a) the aggregate number of Shares by (b) the 226,419,128 shares of Common Stock outstanding as of April 28, 2025, as reported in the Issuer's quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2025, as filed with the U.S. Securities and Exchange Commission on May 2, 2025. Loeb, Daniel S. X1 0 12250000 0 12250000 12250000 N 5.4 IN The number of shares of United States Steel Corporation Common Stock (the "Common Stock") of United States Steel Corporation (the "Issuer") beneficially owned by the Reporting Persons as set forth in Row 9 (such shares, the "Shares") consists of 11,250,000 shares of Common Stock and 1,000,000 shares of Common Stock underlying call options. Calculations of the percentage set forth in Row 11 are based on the quotient obtained by dividing (a) the aggregate number of Shares by (b) the 226,419,128 shares of Common Stock outstanding as of April 28, 2025, as reported in the Issuer's quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2025, as filed with the U.S. Securities and Exchange Commission on May 2, 2025. UNITED STATES STEEL CORP 600 Grant Street, Pittsburgh, Pennsylvania, 15219-2800 (i) Third Point LLC, a Delaware limited liability company (the "Management Company"), which serves as investment manager or adviser to a variety of hedge funds and managed accounts (all such funds and accounts, collectively, the "Funds"), with respect to shares of United States Steel Corporation Common Stock ("Common Stock") directly owned by the Funds; and (ii) Mr. Daniel S. Loeb ("Mr. Loeb"), who is the Chief Executive Officer of the Management Company and controls its business activities, with respect to shares of Common Stock indirectly beneficially owned by Mr. Loeb by virtue of such position. The Management Company and Mr. Loeb are hereinafter sometimes collectively referred to as the "Reporting Persons." Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. The principal business address of the Reporting Persons is 55 Hudson Yards, New York, New York 10001. The Management Company is organized as a limited liability company under the laws of the State of Delaware. Mr. Loeb is a citizen of the United States of America. Y (i) Third Point LLC - 12,250,000 shares of Common Stock (ii) Daniel S. Loeb - 12,250,000 shares of Common Stock The number of shares of Common Stock which the Reporting Persons may be deemed to beneficially own (such shares, the "Shares") consists of 11,250,000 shares of Common Stock and 1,000,000 shares of Common Stock underlying call options. The percentages used herein and in the rest of this Schedule 13G are calculated based upon the quotient obtained by dividing (a) the aggregate number of Shares by (b) the 226,419,128 shares of Common Stock outstanding as of April 28, 2025, as reported in the Issuer's quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2025, as filed with the U.S. Securities and Exchange Commission (the "SEC") on May 2, 2025. Except as described in the preceding sentence, all amounts reported in this Schedule 13G are as of the close of business on May 7, 2025. (i) Third Point LLC - 5.41 % (ii) Daniel S. Loeb - 5.41 (i) Third Point LLC - 0 (ii) Daniel S. Loeb - 0 (i) Third Point LLC - 12,250,000 (ii) Daniel S. Loeb - 12,250,000 (i) Third Point LLC - 0 (ii) Daniel S. Loeb - 0 (i) Third Point LLC - 12,250,000 (ii) Daniel S. Loeb - 12,250,000 Y N Other than the Funds that directly hold the Shares, and except as otherwise set forth herein, no other person is known to have the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the securities reported herein. Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Exhibit 99.1 - Joint Filing Agreement, dated May 7, 2025, by and between Third Point LLC and Daniel S. Loeb. Exhibit 99.2 - Power of Attorney granted by Third Point LLC and Daniel S. Loeb in favor of Jana Tsilman and Joshua L. Targoff, dated February 9, 2024, which was previously filed with the SEC on February 13, 2024 as Exhibit 99.2 to the Schedule 13G/A filed by Third Point LLC and Daniel S. Loeb with respect to Global Blue Group Holding AG and is incorporated herein by reference. Third Point LLC /s/ Jana Tsilman 05/07/2025 Loeb, Daniel S. /s/ Jana Tsilman 05/07/2025 The Power of Attorney granted by Third Point LLC and Daniel S. Loeb in favor of Jana Tsilman and Joshua L. Targoff, dated February 9, 2024, which was previously filed with the SEC on February 13, 2024 as Exhibit 99.2 to the Schedule 13G/A filed by Third Point LLC and Daniel S. Loeb with respect to Global Blue Group Holding AG and is incorporated herein by reference.