Investor Relations Presentation

Strong progress on clear restructuring plan Target within defined programs of ~13,000 FTE FTES [#] ~13,000 ~4,000 ~4,000 Backed by clear initiatives Since FY 19/20 >11,000 FTEs reduced, already >85% of our target achieved¹ Already >2,000 reduced >1,000 In total >11,000 FTEs reduced <2,000 нн Target 19/20 20/21 21/22 22/23 Way-to-go Restructuring expenses/ cash-out Reversals, mainly ~600 at SE and MT ~300~250 ~200 [€ mn] 19/20 20/21 ~ (50) 21/22 ~150 ~100 нн ~(20) 22/23 (Cumulative) sustainable savings [€ mn] Mid 3-digit €mn Mid-high 3-digit €mn Low-mid 3-digit €mn High 2-digit €mn нн 19/20 cum. 20/21 cum. 21/22 cum. 22/23 1. Since 01.10.2019 | 2. Cumulative target 28 thyssenkrupp AG | Investor Relations | December 2023 • Almost all provisions made (in total ~€900 mn) • Cash-out of>85% already done Way to go High 3-digit €mn Rest cash-out of low 3-digit €mn expected in the future Way to go² • Sizable savings already realized until FY 22/23 Total sustainable cost benefit from restructuring in high 3-digit €mn range expected

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