Our philosophy of innovation

ThyssenKrupp Elevator

3ThyssenKrupp Elevator, one of the world's leadingelevator companies, is responsible for the ThyssenKrupp

Groups global activities in the area of passengertransportation systems. Its product range comprises

passenger and freight elevators, escalators and movingwalks, chair and platform lifts, passenger boarding

bridges and quality service for the entire product range.

4we think. you move.Our philosophy of innovation

What does innovation mean to ThyssenKrupp?Our Group considers innovation and technological progress as key factors in managing global growth and using finite resources in a sustainable way. The basis for achieving this is responsible business management aimed at increasing long-term value. In a constantly changing business environment, we ensure that our company is continuously developing so as to be able to meet the global challenges of the future with innovative solutions.

Highly trained employees form the foundation for our strong innovation capabilities. Our innovation projects are now being driven forward by more than 3,000 employees in decentralized development centers and departments.

Research and development expenditure (in million )

208 222

286343

538

Fiscal year

2010/2011

Fiscal year

2011/2012

632

44 57

Order-related

development costs**

Amortization of

capitalized development

costs

Non-capitalized research

and development costs

Source: http://www.thyssenkrupp.com/en/produkte/forschung.html

* Prior year figures have been adjusted* Part of cost of sales without offsetting grants/subsidies

As of: January 31, 2013

5The market success of ThyssenKrupp products is closely linked to their quality, degree of innovation and the Groups commitment to sustainability.

A perfect relationship exists between the high standards set for safety, reliability and design trends, as well as consideration for our customers requests and our commitment to go beyond mere compliance with current environmental and product legislation.

Centers operating worldwide from Spain.

Our Innovation Center in Asturias

Located in northern Spain (Gijn, Asturias) since 2007, this Innovation Center is geared towards radical innovations in horizontal and vertical passenger transport systems.

Made up mostly of industrial engineers with different specialties, the young team is responsible for research and new developments in the following products: escalators, moving walkways, elevators, passenger boarding bridges for airports and accessibility products.

It has offices designed primarily to offer a creative atmosphere and a state-of-the-art laboratory for full-scale prototypes. It is part of the so-called Knowledge Mile as it is located in the historic building of the Universidad Laboral, a few meters from the Gijn Science and Technology Park and the University Campus.

All this promotes opportunities for collaboration with various R&D and technology centers in the region.

R&D and innovation

6we think. you move.Our philosophy of innovation

Our Innovation Center in Madrid

This Innovation Center, together with our new factory, which boasts the latest technology,

an elevator test tower and one of the biggest logistic centers within the ThyssenKrupp Group,

is located in the Mstoles Technology Park (Madrid) since 2011.

Working with the latest techniques and cutting-edge technologies, the Innovation Center designs both safety components and complete elevator systems.

One of our priorities is to improve energy efficiency within a sustainable framework for all our products, both while in operation and throughout their entire life cycle.

We also have an International Technical Service (ITS) Center, which includes a professional team whose goal is to provide the best elevator and escalator service of all the brands on the market. This innovative program is designed to meet the needs of our customers. In addition, it receives technical and logistics support from other Group ITS Centers, such as the ones in Dallas, Manchester, Stuttgart, Dubai or Shanghai.

All our developments are designed to ensure the safety of our products, both for end users and for assembly and maintenance personnel.

Safety first

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8we think. you move.Our philosophy of innovation

Pallets fully overlapped

Project co-financed by

Pallets overlapping

Pallets completely extended

Slow speed sec

tion:

0.65 m/s

Acceleration/d

eceleration

section

High speed sec

tion:

2 m/s

Latest innovations

TurboTrack the accelerated moving walkway

A revolutionary horizontal solution for transporting passengers, developed entirely in Asturias. This high-tech walkway combines two different speeds: entering and exiting are carried out at a standard speed (0.65 m/s), while the central area reaches a constant transport speed (2 m/s). Passengers experience the feeling of comfort and safety at all times.

The TurboTrack won first prize in the ThyssenKrupp Innovation Contest held in 2007. It was awarded both TV SD and TSSA certification in 2008.

GOBIERNODE ESPAA

MINISTERIODE INDUSTRIA, TURISMOY COMERCIO

9In 2007 TurboTrack was the first project to receive CANADEKA certification within the Bilateral Program for Technological Cooperation between the Center for Industrial Technological Development (CDTI) and the National Research Council of Canada (NRC). This program promotes international technological cooperation between companies from Spain and Canada through projects dealing with technological development, innovation and technology transfer.

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we think. you move.Our philosophy of innovation

The engineers decided to reduce its dimensions so that pit depth could also be diminished by a third as compared to conventional systems. The horizontal iwalk model only sinks thirty-six centimeters into the floor and can even be installed directly on top of it. All that is needed is a ramp at either end. Thus the iwalk can be assembled and disassembled quickly, for example, at trade fairs, or moved from one side of the building to another in case of refurbishments.

Conventional moving walkway

iwalk(pit configuration)

iwalk(pitless configuration)

iwalk the sustainable modular walkway

This is our most innovative walkway, created as a result of finding out our customer needs through careful research and surveys.

Its completely flat design reduces the risk of stumbling as the transition between the access area and the walkway is only seven millimeters high, instead of the forty-five millimeters in previous systems.

Project co-financed by

GOBIERNODE ESPAA

MINISTERIODE INDUSTRIA, TURISMOY COMERCIO

GOBIERNODE ESPAA

MINISTERIODE CIENCIAE INNOVACIN

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This product was awarded first prize in the ThyssenKrupp Innovation Contest held in 2011.

It is environmentally friendly. Created at the Innovation Center in Asturias, this walkway has been developed to include all possible innovations, but using fewer components, allowing us to reduce its weight, which in turn results in low power consumption. Designed with sustainability criteria, this product serves as reference for the entire market, with its smaller external dimensions and more interior space. By having lower freight and packaging volume, we are able to reduce environmental impact as well.

12

we think. you move.Our philosophy of innovation

Using a gearless drive system, we keep a step ahead, anticipating new building regulations (new technical code) and meeting the highest demands in terms of reducing consumption, low operation noise and ecology, with the elimination of the reducer and its lubricant. This machine room-less system for office and residential buildings has already been awarded a Class A efficiency rating according to

TWIN Elevator

This unique system is the first to have two elevator cabs travelling independently, one above the other, in the same shaft. Developed within the Group, this space- and material-saving technology offers many advantages over conventional elevator systems, including the fact that waiting and travel times are minimized, in part thanks to the intelligent destination control system which reduces empty trips and waiting time to a minimum and enables passengers to arrive at their destination faster. It also allows the number of shafts needed to be reduced by one third, thus freeing up additional useable space over all the floors of the building.

synergy Elevator

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VDI4707 regulations in several countries. Nonetheless, it is possible to further improve efficiency: during prolonged pauses in operation, an intelligent control system disables all non-essential components step by step until only the external call button remains active. This sleep-mode function enables energy savings of up to 86% in standby mode.

Developed entirely in Mstoles, synergy is the elevator designed for the buildings of the future. The latest technology, quality and design make synergy a unique product. Since its launch in 2007, nearly 30,000 units have been manufactured and sold in over 60 countries.

e-flex Elevator

This is the new concept in an elevator having a machine room, allowing maximum flexibility for both existing shafts and new installations.

A sustainable elevator, it once again reflects ThyssenKrupps commitment to sustainable efficiency: maximum efficiency with reduced energy consumption, thanks to components such as gearless drive, VF inverter, LED lighting and automatic cabin lighting control.

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we think. you move.Our philosophy of innovation

Worldwide R&D network

ITSEscalators and elevatorsPassenger boarding bridgesAccessibility

15

Quality Management System Certificate (AENOR) - UNE-EN-ISO 9001:2008. Quality Management System (IQNet and AENOR) - ISO 9001:2008. Environmental Management System Certificate (AENOR) - UNE-EN-ISO 14001:2004. Environmental Management System (IQNet and AENOR) - ISO 14001. Occupational Health and Safety Management System Certification OHSAS 18001:2007. R&D Management System Certificate (AENOR) - UNE 166002:2006. EFQM Business Excellence Commitment Seal Category 400+. CWB Certification of Structural Welding Standards. R&D Management Certificate UNE 166002. Environmental Management Certificate UNE-EN-ISO 14006: Guidelines for incorporating eco-design. TV Certificate, "iwalk" Moving Walkway. TV Certificate, TurboTrack Express Walkway. TV Conformity Assessment Certificate Directive 2006/42/EC. TV Safety Components Certificate. UL Safety Operation Certificate (Canada). CSA Electrical Equipment Operation Certificate. Certificate of Compliance-Directive 95/16 EC: Elevators. Certificate of Compliance-Directive 95/16 EC: Components. TV Certified Class A VDI-4707 - latitude 1000 kg. TV Certified Class A VDI-4707 - synergy 450 kg. TV Certified Class A VDI-4707 - synergy 630 kg. TV Certified Class A VDI-4707 - synergy 1000 kg. TV Certified Class B VDI-4707 - e-flex 1000 kg.

Note: These are just some of our many certifications obtained in the centers in Spain.

CertificationsOur commitment to innovation and quality is exemplified in the certificates listed below:

ThyssenKrupp Elevator Southern Europe, Africa & Middle East

Paseo de la Castellana 259 C, Floor 2328046 Madrid, Spain

Telephone +34 912 028 000www.thyssenkrupp-elevator-seame.com comunicacion.tkeseame@thyssenkrupp.comS

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