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Etude de l'AG du 19/01/2018

Agenda: We have no concerns over the agenda items at this year's AGM.
General: Thyssenkrupp AG was formed in 1999 through the merger of Thyssen AG and Friedrich Krupp AG Hoesch-Krupp.
Today, Thyssenkrupp is a diversified industrial group with traditional strengths in materials and a growing share of capital goods and services businesses. Since the sale of its Brazilian steel mill Companhia Siderúrgica do Atlântico (CSA) to Ternium in 2017 (for details see below), the Company focuses on five business areas: Components Technology, Elevator Technology, Industrial Solutions, Materials Services and Steel Europe.
Around 158,000 employees in 79 countries develop high-quality products and intelligent industrial processes as well as services for sustainable progress. In financial year 2016/2017, the Company generated sales of EUR 43bn.
In February 2017, Thyssenkrupp reached an agreement with Ternium on the sale of its Brazilian steel mill CSA, which brought the loss-making chapter of 'Steel Americas' to an end. The sale was completed in September 2017 and resulted in one-time impairment charges causing a net loss for financial year 2016/2017.
On 20 September 2017, Thyssenkrupp signed a memorandum of understanding with Tata Steel to combine the companies' European steel activities in a 50/50 joint venture. An agreement is expected to be reached in early 2018, the closing of the transaction at the end of 2018 after regulatory approval. As a result of the transaction, the steel business would no longer be included in the Company's balance sheet, which will lead to significant improvements to key balance sheet ratios.

ThyssenKrupp AG

ThyssenKrupp is the parent company of the ThyssenKrupp Group. Co. has six business areas: Components Technology, which provides components for the automotive and machinery sectors; Elevator Technology, which supplies passenger and freight elevators, escalators and moving walks, passenger boarding bridges, stair and platform lifts; Industrial Solutions, which comprises the System Engineering and Marine Systems units; Materials Services, which focuses on materials distribution and technical services; Steel Europe, which develops, produces and markets flat carbon steel in the European market; and Steel Americas, which produces, processes and markets steel products in North and South America.


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