To our stockholders

Following the consolidation phase immediately after the merger, ThyssenKrupp is moving into a phase of growth. The priority of the Executive Board and Supervisory Board is to place this growth on a sustainable basis to secure a long-term increase in the value of the enterprise. This will also open up new growth prospects for ThyssenKrupp’s stock, which despite gaining 11% performed unsatisfactorily in the past fiscal year. This must improve. We will commit all our efforts to ensure it does.