thyssenkrupp AG announces planned date for stock market listing of tk accelis

• Securities prospectus of tk accelis Group AG & Co. KGaA approved by the Federal Financial Supervisory Authority (Bafin)

• Initial listing of tk accelis Group AG & Co. KGaA on the Frankfurt Stock Exchange’s Prime Standard scheduled for October 28, 2026

• Shareholders of thyssenkrupp AG will receive one tk accelis Group AG & Co. KGaA share for every twenty thyssenkrupp AG shares

• thyssenkrupp AG remains strategic majority shareholder with 51 percent

• Stock market listing is a further step in the implementation of the ACES 2030 future model

• thyssenkrupp CEO Miguel López: “Through the planned stock market listing of tk accelis, we are creating opportunities for our shareholders to participate directly in the development of tk accelis and opening up additional entrepreneurial scope for the business.”

thyssenkrupp AG has announced October 28, 2026 as the planned date for the initial listing of tk accelis Group AG & Co. KGaA in the Prime Standard segment of the Frankfurt Stock Exchange. The Federal Financial Supervisory Authority (Bafin) approved the securities prospectus of tk accelis Group AG & Co. KGaA today, which means that a key prerequisite for the planned stock market listing has been met.

tk accelis is one of the world’s leading manufacturer-independent materials distributors and supply chain service providers. Based on sales, tk accelis is the market leader in Germany and Europe and the third-largest supplier to the North American market.^[1] In recent years, tk accelis has consistently evolved its business model: from a traditional materials distributor to a supply chain service provider with a clear focus on materials as a service. There is a growing focus on material-related services – from precise manufacturing and processing through supply chain management to data-driven and AI-supported solutions.

Immediately before the start of trading, the spin-off of a minority interest in tk accelis will become effective upon its entry in the commercial registers. The spin-off will allocate 49% of the shares in tk accelis Group AG & Co. KGaA to shareholders of thyssenkrupp AG. thyssenkrupp AG will continue to hold a 51 percent stake in tk accelis and therefore remain the strategic majority shareholder. 

20:1 Allocation to shareholders

tk accelis shares will be allocated automatically through the respective depositary bank. Shareholders of thyssenkrupp AG will receive one tk accelis Group AG & Co. KGaA share for every twenty thyssenkrupp shares. The shares will be allocated proportionally and without any cash payment, based, in principle, on the number of shares held on the effective date of the spin-off, which is currently scheduled for October 27, 2026.

If the allotment ratio results in fractional shares, these will be sold on the stock exchange. The proportionate proceeds will be credited to the affected shareholders through their depositary bank. For holders of thyssenkrupp AG American Depositary Receipts (ADRs), the tk accelis shares will generally be settled in cash.

On August 7, 2026, the Extraordinary General Meeting of thyssenkrupp AG approved the spin-off by a large majority. The planned stock market listing of tk accelis marks a further key milestone in the strategic realignment of thyssenkrupp. The goal is to transform thyssenkrupp AG into a financial holding company that continues to hold majority stakes in strong, independent companies under its umbrella.

The shares of tk accelis Group AG & Co. KGaA will be traded under ISIN DE000TKCC1S8 and WKN TKCC1S.

^[1] Market position in Germany based on company analysis. Market positions in Europe and North America based on a McKinsey analysis of the estimated sales of the top five in the market and company analysis. 

Notice
This communication and the information contained therein are for information purposes only and do not constitute a prospectus or an offer to sell or a solicitation of an offer to buy or subscribe for any securities of thyssenkrupp AG or tk accelis Group AG & Co. KGaA (the "Company"). This communication is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation of such jurisdiction or which would require any registration or licensing within such jurisdiction. Any failure to comply with these restrictions may constitute a violation of the laws of other jurisdictions. Any securities to be distributed in connection with this transaction have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or the laws of any state of the U.S. Neither thyssenkrupp AG nor the Company intends to register any securities referred to herein in the U.S. This communication and the information contained therein should not be published, reproduced, distributed or otherwise made available, in whole or in part, to any other person without the prior consent of thyssenkrupp AG or the Company.

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