thyssenkrupp sells remaining stake in AST to Arvedi

• Transaction related to sale of AST fully completed

• Arvedi becomes sole owner of AST

• High double‑digit million euro cash inflow strengthens liquidity

thyssenkrupp today sold its remaining 15-percent stake in Acciai Speciali Terni S.p.A. (AST) to the Italian Arvedi Group. This marks the final completion of the transaction agreed upon in 2021 regarding the sale of the stainless steel plant in Terni, Italy, including the associated sales organization in Germany, Italy, and Turkey.

The completion of the transaction means that AST is now fully owned by Arvedi. The investment was retained as part of the sale back in 2021 in order to strengthen the existing operational cooperation with the new owner during a transition phase. The cash inflow from the transaction totals a high double‑digit million euro figure and contributes to further strengthening thyssenkrupp’s liquidity.

Volkmar Dinstuhl, member of the Executive Board of thyssenkrupp AG: “With the completion of the sale, we are concluding the transaction as planned and also taking a step forward in further streamlining and focusing our portfolio. At the same time, we are creating additional financial flexibility to further implement our strategic alignment.”

thyssenkrupp is consistently driving forward its strategic realignment. At the heart of thyssenkrupp AG’s transformation is the ACES 2030 future model and the associated reorganization of thyssenkrupp AG into a financial holding company in which strong, independent companies operate under one roof.