PRESS STATEMENT Thyssenkrupp: Employees Say No to Dividend Payment

Jürgen Kerner, Second Chairman of IG Metall, comments on the Supervisory Board’s dividend recommendation to the Annual General Meeting of thyssenkrupp AG: “We are seeing very painful cuts to the workforce across all divisions of thyssenkrupp AG: plant closures, four-digit job cuts—some involving layoffs—wage sacrifices, and much more. The payment of 93 million euros diverts capital from the company, while necessary investments are in some cases contingent on the Group’s ability to finance them. For these reasons, the employee representatives do not support the recommendation to the Annual General Meeting to pay a dividend. The final decision will be made by the shareholders at the Annual General Meeting.”

Further information and press photos of Jürgen Kerner