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CAPABILITIES

ThyssenKrupp is a global group engaged in the areas of Steel, Capital Goods and Services. Our 188,000 employees in over 70 countries develop and supply innovative products and services for the challenges of the future. In all segments they provide high-quality solutions to people's needs and customer requirements. Details of the capabilities of the segments can be found here.

ORGANIZATIONAL STRUCTURE

The ThyssenKrupp Group is run on a decentralized basis so that decisions are made as close to the market as possible. The segments, each led by segment holding companies, enjoy wide-ranging independence for all their market- and customer-oriented activities. The main tasks of ThyssenKrupp AG as Group parent include corporate strategy/portfolio management, risk management and central financing.

Under its Articles of Association ThyssenKrupp AG is dual domiciled in Duisburg und Essen; most of its head office functions are located in Düsseldorf. From 2008/2009 the parent company is to relocate its offices to a new ThyssenKrupp Quarter being built in Essen. Details on the future Quarter can be found here. In addition, there are Group Representative Offices in Berlin and Brussels as well as at another 31 locations throughout the world.

Company structure

* merged with Technologies since October 01, 2006

Founded in 1999, ThyssenKrupp AG is a stock corporation (Aktiengesellschaft) under German law. The overview shows the main companies and equity interests owned directly or indirectly by ThyssenKrupp AG. Around 700 companies with over 2,300 production sites, offices and service bases all over the world make up the ThyssenKrupp Group, two thirds of them located outside Germany. Of the almost 1,200 locations worldwide at which ThyssenKrupp is represented, more than 200 are in Germany. The largest location is Duisburg, with almost 18,000 employees.

One significant change in the organizational structure is the integration of the Automotive business into the Technologies segment effective October 01, 2006, which was resolved by the Supervisory Board of ThyssenKrupp AG on August 11, 2006. The merger of the two segments will combine important capital goods competencies and so improve our market positions. Details on this can be found in the Strategy section. As the Automotive operations were still independent in 2005/2006 , they are shown as a segment in the reporting for the past year. In the future the Group will consist of the five segments Steel, Stainless, Technologies, Elevator, and Services, plus the Corporate area, mainly comprising the Group's head office including intercompany services.

MANAGEMENT RESPONSIBILITIES IN THE GROUP

Like the organizational structure, the Group's management structure is continually reviewed and optimized. Since the merger we have always followed the principle that the chief executives of the segments and the executive officers responsible for corporate functions should be represented on an equal footing on the Executive Board of ThyssenKrupp AG. At the same time, the Executive Board organizational chart specifies which Executive Board members are responsible for individual world regions. The chief executives of the segments which have the strongest commercial involvement in a region take responsibility for that region in addition to their responsibility for segment operations.

At all management levels our goal is to recruit the top people for the best businesses and the most important functions. We aim to achieve a productive mix of internal and external, young and experienced, German and international managers. Young executives are systematically trained to take on senior roles.