HV tkAG 2019 · tk Materials AG temporarily holds a minority stake of tk Industrials AG ... May 2019 October 1st, 2019 End of 2019 January 31st, 2020 Announcement of separation Announcement

20th Annual General Meeting

Guido Kerkhoff

CEO | thyssenkrupp AG

2 | February 1st, 2019 | 20th Annual General Meeting | thyssenkrupp AG 2

thyssenkrupp is a special company

| February 1st, 2019 | 20th Annual General Meeting | thyssenkrupp AG

3 | February 1st, 2019 | 20th Annual General Meeting | thyssenkrupp AG

Target for fiscal year 2020/21

Free Cash Flow before M&A

≥ €bn


Requirements for success

Unanimous mandate from the Supervisory Board

Support from major shareholders and employee representatives

Strong leadership team


Our focus topics

Joint Venture Performance Separation


Steel Joint Venture – thyssenkrupp Tata Steel

50/50 Joint Venture

Strong new #2 in European flat steel market

Milestone for the European steel industry



thyssenkrupp Tata Steel – Designated leadership team

Future position

Chief Executive Officer

Andreas Goss

Chief Financial Officer

Sandip Biswas

Chief Technology Officer

Hans Fischer

Chief Strategy Officer

Premal Desai


Our focus topics



Separation into two strong companies

Strong DNA

Strategic clarity

Closer to customers and markets

Better valuation

Own stock exchange listings



thyssenkrupp Industrials

Engineering makes the difference



MAX – Predictive maintenance of elevators




Electric steering systems




Carbon2Chem




Digital twin




Industrials: Well positioned, but performance to be improved

Components Technology

Elevator Technology

Industrial Solutions

#1

Steering column

#4

Elevators and escalators

#2

Cement plants


Materials: Leading market positions

Stahl- Joint Venture

Materials Services

Forged Technologies

#2

Europe

Marine Systems Bearings

#1

Germany

#1

Conventional submarines

#1

Slewing bearings

#1

Forging business


thyssenkrupp Materials

Strong position in materials businesses



Technical procedure for the transaction

1. Former thyssenkrupp AG

thyssenkrupp Materials AG1

thyssenkrupp Industrials AG

After separation Date of spin-off

tkAG shareholders

additionally receive new shares of thyssenkrupp Industrials AG

continue to hold their shares of thyssenkrupp AG and

tkAG shareholders

Shareholders of thyssenkrupp AG

tk Materials AG temporarily holds a minority stake of tk Industrials AG

tk Materials


October 1st, 2018

February 12th, 2019

Spring 2019

May 2019

October 1st, 2019

End of 2019

January 31st, 2020

Announcement of separation

Announcement of organizational and management structures

Personnel decisions

Financial structure, brand image and strategy

Operative start of Industrials & Materials

Spin-off documents with equity stories

Annual General Meeting: submission for approval

Ambitious timeline for the separation


Our focus topics



Fiscal year 2017/18 at a glance

1. Without Steel Americas

thyssenkrupp Group (vs. FY 2016/171)

Order intake €bn 42.8 (±0%)

Sales €bn 42.7 (+3%)

Adjusted EBIT €bn 1.6 (-10%)

Net income €mn 60 (-78%)


Dividend and share price

Dividend 15 Cent per share for fiscal year 2017/18

Share price Weak development due to operative performance


Elevator:

Stronger integration

Reduction of G&A costs

Reorganization of Americas business

23

Issues systematically addressed



Automotive business:

Positive outlook

Quality issues addressed

Ramp-up of new production plants

High order backlog



Issues in project execution

Simplification of structures

New, lucrative orders

Plant engineering:

Biggest improvement potential



Outlook fiscal year 2018/19

1. Group without discontinued steel activities (BA Steel Europe, thyssenkrupp MillServices & Systems GmbH and individual Corporate companies) 2. Adjusted for effects of IFRS 15, prior year: 33.6 €bn

KPIs year-on-year (continuing operations1)

Sales2 Low single-digit %-growth

Adjusted EBIT >1 €bn

Net income Significant y-o-y improvement, >0

Free cash flow before M&A Significant y-o-y improvement, but still negative


What we want to achieve next year


Documents

HV tkAG 2019 · tk Materials AG temporarily holds a minority stake of tk Industrials AG ... May 2019 October 1st, 2019 End of 2019 January 31st, 2020 Announcement of separation Announcement