Summary of the Meeting of the Board of Directors

November 18, 2021

Completed

VIA TELECONFERENCE

  1. OPEN: None
  2. CLOSED:
    1. Minutes of October 21, 2021 Board Meeting for approval 

      PROJECT FINANCE DIVISION
    2. Country: SENEGAL – AP700317XX (Amendment No. 2) 
      Foreign Buyer: Senegal National Electricity Agency 
      Products: Rural Electrification 
      NAC reviewed on September 14, 2021 
      Public Notification Expiry Date: October 19, 2021 
      Congressional Notification Expiry Date: October 29, 2021 
      Jackson/Staton 

      BUSINESS CREDIT DIVISION
    3. Working Capital / Supply Chain Finance Guarantee Program – AP089384XA 
      Guaranteed Lender: Huntington National Bank, N.A & LSQ Funding Group 
      Borrower: United States Steel Corporation 
      Products: Steel and Iron Ore 
      NAC reviewed on September 30, 2021 
      Congressional Notification Expiry Date: November 17, 2021. 
      Ramirez/Egbuniwe
Certification for Closure of Meeting

I, Jennifer C.R. Clark,Assistant General Counsel for Administration, hereby certify that in my opinion the Meeting of the Board of Directors scheduled for 9:30 AM on Thursday, November 18, 2021 via teleconference will disclose information of the kind set forth in Subsection (4) of Section 552b(c), Title 5 of the United States Code.

Accordingly, such meeting may be closed to the public.

Jennifer C.R. Clark
Assistant General Counsel for Administration

Date Posted

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
NOVEMBER 18, 2021

ITEM NO. 1 Minutes of October 21, 2021 Board Meeting for approval.
Board Decision: APPROVED. Acting Chair Burrows, Acting Vice Chair Cruse
and Director Bachus all voted in favor of approving the meeting minutes.

PROJECT FINANCE DIVISION
ITEM NO. 2 Country: SENEGAL – AP700317XX (Amendment No. 2)
Foreign Buyer: Senegal National Electricity Agency
Products: Rural Electrification
NAC reviewed on March 27, 2020 at the initial presentation; reviewed again on September 14, 2021
Public Notification Expiry Date: October 19, 2021
Congressional Notification Expiry Date: October 29, 2021
Board Decision: APPROVED. Acting Chair Burrows, Acting Vice Chair Cruse,
and Director Bachus all voted in favor of the transaction.

BUSINESS CREDIT DIVISION
ITEM NO. 3 Working Capital/Supply Chain Finance Guarantee Program – AP089384XA
Guaranteed Lender: Huntington National Bank, N.A & LSQ Funding Group
Borrower: United States Steel Corporation
Products: Steel and Iron Ore
NAC reviewed on September 30, 2021
Congressional Notification Expiry Date: November 17, 2021.
Board Decision: APPROVED. Acting Chair Burrows, Acting Vice Chair Cruse,
and Director Bachus all voted in favor of the transaction.