ThyssenKrupp : Q&A (virtual) Annual General Meeting

When will the next Annual General Meeting take place?

The next Annual General Meeting of thyssenkrupp AG is being held on Friday, February 5, 2021.

What is a virtual Annual General Meeting?

The term "virtual Annual General Meeting" means an Annual General Meeting without physical attendance by shareholders or their proxies. This possibility was created by the legislator in 2020 against the background of the COVID 19 pandemic and remains available for Annual General Meetings in 2021. While the right of shareholders to attend the virtual meeting in person is excluded, the existing online facilities for following the meeting have been expanded.

Why doesn't thyssenkrupp AG postpone the Annual General Meeting and hold an in- person meeting at a later date?

It is currently not foreseeable when it will be possible again to hold the Annual General Meeting safely with in-person attendance by shareholders on the usual scale of 2,500 participants. At the same time, the resolutions of the Annual General Meeting are important for our company and for the shareholders. We have therefore decided to stick with February 5, 2021 as the date for the Annual General Meeting and to organize it as a purely virtual event.

As a shareholder, can I attend the Annual General Meeting in person?

No. Unfortunately this year it is not possible to attend the Annual General Meeting in person. Instead we would ask you to use our InvestorPortal at www.thyssenkrupp.com/en/investors/annual-general-meeting/for virtual participation.

Will the Annual General Meeting be transmitted on the internet?

All shareholders and interested members of the public can follow the entire Annual General Meeting live on the internet. The opening of the Annual General Meeting by the chairman of the meeting together with the speech by the Chief Executive Officer will also be available as a recording after the Annual General Meeting.

Will the voting results be published?

The voting results will be published immediately after the end of the Annual General Meeting on the company's website at www.thyssenkrupp.com/en/investors/annual-general-meeting/.

Is there a full documentary record or a complete video/audio recording of the Annual General Meeting?

No, neither a full documentary record nor full video/audio recordings of the Annual General Meeting are made.

Can any shareholder take part in the Annual General Meeting?

The Annual General Meeting is the highest decision-making body of a stock corporation at which shareholders can exercise their rights to ask questions and to vote. Each shareholder is entitled to participate in the Annual General Meeting in person or be represented by a proxy. Participation is conditional on the shareholder presenting a record of share ownership at the record date and registering in good time. The deadlines to be met are announced in the invitation to the Annual General Meeting.

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How and where can shareholders register to attend the virtual Annual General Meeting?

Shareholders will receive information regarding the invitation to the Annual General Meeting from their depositary banks. Using the reply form provided by the depositary bank, shareholders can either authorize the bank to exercise their voting rights or register themselves or a proxy via the depositary bank. Each registered shareholder or proxy then receives confirmation of registration.

What can shareholders do who have not received the information regarding the Annual General Meeting?

As thyssenkrupp shares are bearer shares, the information regarding the Annual General Meeting is dispatched to shareholders exclusively via their depositary banks. We therefore request our shareholders to contact their depositary bank.

What can shareholders do who have not received confirmation of registration?

Shareholders who registered before the deadline but have not received confirmation of registration with the access data to the InvestorPortal are requested to contact the registration office via the email address [e-mail].

What is a voting right?

A voting right is the right, acquired with the purchase of a share, to take part in the voting on items on the agenda at the Annual General Meeting.

All shareholders are entitled to exercise their voting rights. However, by issuing a proxy authorization, shareholders may also assign their voting rights to third parties, in particular to their depositary bank, a shareholders' association or proxies nominated by the Company. According to the Articles of Association of the Company, each share of stock grants one vote at the Annual General Meeting.

Can shareholders also exercise their voting rights by postal vote?

Shareholders may vote by post any time before the deadline stated in the invitation to the Annual General Meeting or use the InvestorPortal to submit a postal vote or change a vote previously cast. Further information on postal voting will be sent to shareholders together with their confirmation of registration for the Annual General Meeting.

Can a shareholder be represented by proxy at the Annual General Meeting and issue proxy authorizations and voting instructions in advance of the meeting?

Shareholders who do not wish to participate in the Annual General Meeting personally can be represented by Company-nominated proxies or a third party - in particular their depositary bank or a shareholder association - and issue authorization to them before the Annual General Meeting.

In addition to authorization, Company-nominated proxies must also be issued with voting instructions. The authorization and instructions may be issued electronically via an investor portal or, analogously with the postal voting procedure, by completing the form on the confirmation of registration. Shareholders may also issue authorization to a person of their choice, a bank or a shareholder association. Authorizations may be sent directly to the proxies or electronically to the Company. However, shareholders should ascertain beforehand that the selected person, bank or shareholder association is prepared to act as a proxy and vote on their behalf.

Details on issuing authorizations and instructions will be sent to shareholders together with the confirmation of registration for the Annual General Meeting.

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How can shareholders take part in the virtual Annual General Meeting?

Shareholders can follow a live video and audio transmission of the entire Annual General Meeting on the internet. The speeches by the Chairman of the Meeting and the Chief Executive Officer will be broadcast publicly.

Shareholders can exercise their voting rights by making use (if required via proxy) of the option to vote by post or by authorizing a Company-nominated proxy to vote in accordance with their instructions. These options are available in advance of the Annual General Meeting and online during the Annual General Meeting until the start of voting. This enables you to consider the explanations of the Executive Board and their answers to questions when exercising your voting rights.

Registered shareholders also have the opportunity to submit questions to the Executive Board before the Annual General Meeting - by no later than midnight on February 2, 2021 - via the Investor Portal. The Executive Board will answer these questions in the virtual Annual General Meeting at its dutiful discretion.

The InvestorPortal of thyssenkrupp AG for the virtual Annual General Meeting on February 5, 2021 is available to shareholders at www.thyssenkrupp.com/en/investors/annual-general-meeting/,

probably from January 15, 2021.

What do I have to do to be able to use the InvestorPortal for the Annual General Meeting?

To be able to use the online service atwww.thyssenkrupp.com/en/investors/annual-general-meeting/,you must first register for the Annual General Meeting via your depositary bank. Unfortunately it is not possible to register with thyssenkrupp AG directly.

You will receive the invitation to the Annual General Meeting and the registration form from your depositary bank. Unfortunately we have no influence over the date at which these documents are sent by your depositary bank.

Please note that as a result of the current COVID-19 pandemic there may be delays in postal deliveries. You can reduce such delays be requesting your depositary bank to send you the documents electronically.

If you have registered for the Annual General Meeting, you will receive a confirmation of registration. The access data for the InvestorPortal are printed on the confirmation of registration.

When you access the InvestorPortal at www.thyssenkrupp.com/en/investors/annual-general-meeting/you will be requested to enter these access data. Once you have entered them you will be able to use the online service.

What browser can I use to access the InvestorPortal?

The InvestorPortal can be used on desktop computers and mobile devices. All common browsers are supported.

In addition a DC version of Acrobat Reader should be installed to ensure that the documents accessible via the internet can be displayed.

In the event of technical problems, shareholders should use the contact details provided on the InvestorPortal.

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Where can I find detailed information on my rights in connection with the Annual General Meeting?

You will find detailed information on your rights in connection with the Annual General Meeting in the documents "Invitation to the virtual Annual General Meeting 2021" and "Information on shareholders´ rights". These documents can also be accessed on the internet at www.thyssenkrupp.com/en/investors/annual-general-meeting/.

Can a shareholder obtain confirmation of his vote after the Annual General Meeting?

Two days after the Annual General Meeting, a shareholder will be able to download confirmation of his vote on the InvestorPortal.

Who can I contact if I have other questions on organizational aspects of the Annual General Meeting?

You can contact thyssenkrupp Investor Relations on matters relating to the Annual General Meeting:

Email: [e-mail]

Infoline for private shareholders: [phone]

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