1. AMERICAN BUSINESS CULTURE AND ETHICS Managing Stakeholders and Governmental Relations Ing. Matej Stuška and Ing. Michal Pintér Governmental and EU Affairs Office U.S. Steel Košice, s.r.o.

2. Contact: mstuska@sk.uss.com mstuska@sk.uss.com 0917 731 205

3. Case Study: Prices of electricity in Slovakia Important Milestones: 1.2012 EU Commission strategy for the re-industrialization of Europe 2.June 2013: EC Announces the Action Plan for European Steel Industry 3.December 2013:The steel industry in the EU: Composition and drivers of energy prices and costs (CEPS study on real data) 4.March 2014: GOS announces Action Plan for Slovak Steel Industry 5.September 30, 2014: Deadline for Economy Ministry in SR to propose solutions to high energy prices…

4. Assignment for next week:  Draft a position letter to the Economy Minister on the high energy prices in SR and urge him to tackle the problem Extend – 1 page, max. 2 Suggested structure: 1.Intro – why you are writing it 2.Explain problem 3.Provide supporting arguments (brief, compare electricity prices for INDUSTRIAL consumers, Eurostat, CEPS) 4.Formulate a request / suggest solution 5.Formal ending Inspiration: V4 Steelmakers CEO Position for EU Council October 2014

5. Recommended reading for those interested: Organizing the government-affairs function for impact November 2013 | byReinier Musters, Ellora-Julie Parekh, and Surya Ramkumar, Article|McKinsey Quarterly http://www.mckinsey.com/insights/strategy/organizing_the_government_affairs_f unction_for_impact