What is the correct way to handle an understeer skid (sobreviragem vs subviragem / o carro foge de frente) in a front-wheel-drive car on a slippery corner?

1. Ease off the accelerator smoothly, gently reduce the steering angle until the front tyres regain grip, and avoid slamming on the brakes
2. Yank the steering wheel harder into the turn while stepping hard on the accelerator
3. Pull the emergency handbrake at full force
4. Shift into reverse gear immediately