Performance and Growth

Camshafts
December 8th, 2015 | Timo Krutoff
Capital Market Day 2015
Camshafts: Performance and growth driver in Powertrain business

Chassis 60%
Springs & Automotive
Steering Damper Stabilizers Systems

Powertrain 20% Industry 20%

Camshafts Forging & Machining Bearings Undercarriages

thyssenkrupp Camshafts
2 | December 8th, 2015 | Capital Market Day 2015 | Timo Krutoff
Camshafts are key components for engine performance and efficiency

Camshafts are the lungs of the engine

Opening and closing the valves

Key driver of fuel efficiency

thyssenkrupp Camshafts
3 | December 8th, 2015 | Capital Market Day 2015 | Timo Krutoff
Market leader in assembled camshafts and cylinder head cover modules
Driving the technology shift

Market leader Sole supplier Leading innovator

Assembled camshafts Cylinder head cover modules Powertrain optimization
and e-mobility

Clear leader in strongly Innovative technology Well positioned with multiple

growing segment efficiently brought to volume new products
markets

thyssenkrupp Camshafts
4 | December 8th, 2015 | Capital Market Day 2015 | Timo Krutoff
Strong growth track to be continued
Steady annual growth of 20% in last 20 years

85% of
business
in 2020
31 already
booked

13

1995
1995 2000
2000 2005
2005 2010
2010 2015
2015 2020
2020
Production volume (mn units) Assembled camshafts Cylinder head modules

thyssenkrupp Camshafts
5 | December 8th, 2015 | Capital Market Day 2015 | Timo Krutoff
Competitive advantage based on best-in-class processes
and technology

“Ingenieurkunst”: Technology leader with outstanding process expertise

Flexible, lean operations with standardized set-up across all locations

Global footprint in all relevant automotive markets

Strong performance culture – striving for excellence embedded in DNA

Innovation track record – efficiency / CO2 reduction main focus areas

thyssenkrupp Camshafts
6 | December 8th, 2015 | Capital Market Day 2015 | Timo Krutoff
Ingenieurkunst: Technology leader

Unique products based on… … our technological edge… … and process know-how

• High durability • Innovative joining • Efficient and robust

technology processes
• Low weight
• Highest precision • Superior cost and quality
• High efficiency
• Rough tolerances in • Fast and flexible production
• Ease to integrate pre-products

thyssenkrupp Camshafts
7 | December 8th, 2015 | Capital Market Day 2015 | Timo Krutoff
With proven process expertise

Benefits Plants for cylinder head modules

EU Ilsenburg New
• Globally standardized processes SOP: Q3 2013

• Global real-time access to performance Changzhou

CHN SOP: Q4 2014
New
data and reports
• Continuous roll-out of improvements Poços de Caldas
BRA SOP: Q1 2015
New

• Transfer of know-how and resources

between plants San Miguel de Allende
MEX SOP: Q1 2017
New

• Flexibility to adjust when demand fluctuates

Jasfenyszaru
HUN SOP: Q1 2017
New

Identical set-up across all plants supports high efficiency in Camshafts network

thyssenkrupp Camshafts
8 | December 8th, 2015 | Capital Market Day 2015 | Timo Krutoff
Global reach with state-of-the-art plants

Ilsenburg I and II Chemnitz

Danville Dalian

Jasfenyszaru1
San Miguel de
Allende1 Eschen
(TecCenter) Changzhou

Pocos de Caldas

Standardized global set-up allows for flexible production at low cost in all plants
1. Under construction
thyssenkrupp Camshafts
9 | December 8th, 2015 | Capital Market Day 2015 | Timo Krutoff
CO2 reduction drives need for efficient internal combustion engines (ICE)

Ambitious global CO2 targets ICE maintaining leading technology

Tailpipe CO2 emissions per km in gram1
Pure electric vehicle
Hybrid
124
188
Pure ICE 19

180 89
2 0

140 62
105
121 mn
128 117 86 ICEs

105
95 43

2010 2012 2014 2016 2018 2020 2015 2030

Most important drivers: ICE still with 20% reduction potential – e-mobility with 20-40% potential
1. CO2 emissions per kilometer normalized to NEDC test cycle; CO2 emissions for US and Canada based on car emissions (excluding LDV)
Source: ICCT (2014); McKinsey 2014 Evolution: Electric vehicles in Europe: gearing up for a new phase? (Scenario: 50% increase in CO2 targets until 2050); IHS LV engine production FC (07/2015)
thyssenkrupp Camshafts
10 | December 8th, 2015 | Capital Market Day 2015 | Timo Krutoff
Innovation track record: Ready for ICE optimization and e-mobility

Internal combustion engine E-mobility

Hybrid camshaft module Sliding camshaft Assembled rotor shaft

Developed Series Small

prototype production batch
series
production

Oil separation system Concentric cam Assembled rotor

Small Developed Developed

batch prototype prototype
series
production

Our technology is already established in tomorrow’s powertrain solutions

thyssenkrupp Camshafts
11 | December 8th, 2015 | Capital Market Day 2015 | Timo Krutoff
Camshafts is integral part of Components Technology’s way forward
Components Technology EBIT adj. margin [%]

Camshaftsperformance
Camshafts performance
6-8%  We have standardized, reliable and
Growth flexible processes
Perfor-
4.6% mance  We continue to deliver top line growth
with strong margin performance

Camshaftsgrowth
Camshafts growth
 We are the world market leader with a
steady stream of innovations
 We have full order books with an
increasing customer portfolio
Current Target

Positioned for profitable growth

thyssenkrupp Camshafts
12 | December 8th, 2015 | Capital Market Day 2015 | Timo Krutoff
Disclaimer thyssenkrupp AG

“The information set forth and included in this presentation is not provided in connection with an offer or solicitation for the purchase or
sale of a security and is intended for informational purposes only.
This presentation contains forward-looking statements that are subject to risks and uncertainties. Statements contained herein that are
not statements of historical fact may be deemed to be forward-looking information. When we use words such as “plan,” “believe,”
“expect,” “anticipate,” “intend,” “estimate,” “may” or similar expressions, we are making forward-looking statements. You should not rely
on forward-looking statements because they are subject to a number of assumptions concerning future events, and are subject to a
number of uncertainties and other factors, many of which are outside of our control, that could cause actual results to differ materially
from those indicated. These factors include, but are not limited to, the following:
(i) market risks: principally economic price and volume developments,
(ii) dependence on performance of major customers and industries,
(iii) our level of debt, management of interest rate risk and hedging against commodity price risks;
(iv) costs associated with, and regulation relating to, our pension liabilities and healthcare measures,
(v) environmental protection and remediation of real estate and associated with rising standards for real estate environmental protection,
(vi) volatility of steel prices and dependence on the automotive industry,
(vii) availability of raw materials;
(viii) inflation, interest rate levels and fluctuations in exchange rates;
(ix) general economic, political and business conditions and existing and future governmental regulation; and
(x) the effects of competition.
Please note that we disclaim any intention or obligation to update or revise any forward-looking statements whether as a result of new
information, future events or otherwise.”

thyssenkrupp Camshafts
13 | December 8th, 2015 | Capital Market Day 2015 | Timo Krutoff