CSN operates in a globalized and increasingly complex market and is therefore exposed to a number of risks that may affect its strategies and performance. Aiming to improve the monitoring of the risks inherent to this exposure, the Company assesses its strategic, operating, financial and regulatory risks. This process is conducted in accordance with the methodologies defined by ISO 31000 and the framework of the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”). CSN consolidates the major risk factors and assesses the likelihood of their occurrence, as well as their potential impacts on the organization. Based on this mapping, the areas and business units are responsible for implementing action plans to mitigate the risks or reduce them to acceptable levels, thereby avoiding significant impacts.