Daimler Corporate Presentation July 12, 2019

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July 12, 2019 Corporate Presentation

Transcript of Daimler Corporate Presentation July 12, 2019

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July 12, 2019Corporate Presentation

Daimler AGDaimler AG

Contents

Daimler Corporate Presentation / July 12, 2019 / Page 2

Group Financials

Divisional Information

Outlook

Daimler Group Strategy

Funding

Appendix

Daimler AGDaimler AG

Key figures

Page 3Daimler Corporate Presentation / July 12, 2019 /

Daimler AG and BMW Group are pooling their mobility services to create a new global player in the field of urban mobility

World premiere of the new CLA Coupe and CLA Shooting Brake

Daimler and Geely Holding form global joint venture to develop smart

World premiere of the Vision URBANETIC and the Concept EQV as response to mobility questions of the future

Daimler Trucks and Torc Robotics create technology powerhouse for automated trucks

Presentation of the upgraded GLC and GLC Coupe

Unit salesin thousands of units

Q1 2018 Q1 2019

807 774

-4%

Net profitin billions of euros

Q1 2018 Q1 2019

2.42.1

-9%

Revenuein billions of euros

Q1 2018 Q1 2019

39.8 39.7

-0%

EBITin billions of euros

Q1 2018 Q1 2019

3.32.8

-16%

Daimler AG

High level of net liquidity

Daimler Corporate Presentation / July 12, 2019 / Page 4

Free cash flow industrial businessQ1 2019: minus €2.0 billion

Net industrialliquidity

12/31/2018

Earnings and other cash flow

impact

Working capital impact

Other Net industrialliquidity

3/31/2019

-2.4

11.3+0.2

16.3

+0.4

-0.0

M&A effects

-3.2

13.1

Net industrialliquidity

1/1/2019

Effects frominitial application

of IFRS 16

Daimler AG

Net liquidity impacted by initial application of IFRS 16and higher working capital

Daimler Corporate Presentation / July 12, 2019 / Page 5

Impact of €3.2 billion due to initial application of IFRS 16 for lessee accounting:

Recognition of right-of-use assets and lease liabilities leads to a one-time increase

of financing liabilities stated in the balance sheet

Working capital increase of €2.4 billion impacted free cash flow of the industrial business

Higher working capital is mainly caused by increases in the level of finished and unfinished goods

at all automotive divisions, resulting primarily from model changeovers, production ramp-up and

delivery delays as well as market developments

Daimler AGDaimler AG

Contents

Daimler Corporate Presentation / July 12, 2019 / Page 6

Group Financials

Divisional Information

Outlook

Daimler Group Strategy

Funding

Appendix

Daimler AG

Mercedes-Benz Cars

Daimler Corporate Presentation / July 12, 2019 / Page 7

Unit sales in thousands of units

Q1 2018 Q1 2019

Revenuein billions of euros

EBITin millions of euros

594555

Q1 2018 Q1 2019

23.021.2

Q1 2018 Q1 2019

2,060

1,298

-7% -8% -37%

Daimler AG

Mercedes-Benz Cars: sales decrease due to life cycle effects and model changes

Daimler Corporate Presentation / July 12, 2019 / Page 8

in thousands of units

Q1 2018

594555

Q1 2019

109

111

104

17

6

98

120

105

23

5 smart

E-Class

C-Class

A-/B-Class

S-Class

Sports Cars30

30

SUVs212

179

Daimler AG

Mercedes-Benz Cars: EBIT

Daimler Corporate Presentation / July 12, 2019 / Page 9

* Return on sales

in million euros

EBITQ1 2018

EBITQ1 2019

2,060

1,298

- 762

9.0%*

6.1%*

Lower unit sales and less favorable model mix

Net pricing

Foreign exchange rates

Higher expenses for new technologies and future products

Daimler AG

Mercedes-Benz Vans

Daimler Corporate Presentation / July 12, 2019 / Page 10

Unit sales in thousands of units

Q1 2018 Q1 2019

Revenuein billions of euros

EBITin millions of euros

93.0 97.0

Q1 2018 Q1 2019

3.13.4

+4% +9%

Q1 2018 Q1 2019

172

-98

Daimler AG

Mercedes-Benz Vans: sales increase by 4% mainly due to higher demand for the Sprinter

Daimler Corporate Presentation / July 12, 2019 / Page 11

in thousands of units

Q1 2018

93.097.0

Q1 2019

5.5

13.6

24.8

49.4

5.9

15.7

27.0

41.3

Vito

V-Class

Citan

Sprinter

X-Class3.73.2

Daimler AG

Mercedes-Benz Vans: EBIT

Daimler Corporate Presentation / July 12, 2019 / Page 12

in millions of euros

* Return on sales

EBITQ1 2018

EBITQ1 2019

172

-98

- 270

5.6%*

-2.9%*

Higher unit sales

Expenses related to the adjustment of production capacities in Argentina and Russia

Higher expenses for new technologies and future products

Warranty and goodwill costs

Foreign exchange rates

Governmental proceedings and measures relating to diesel vehicles

Daimler AG

Daimler Trucks

Daimler Corporate Presentation / July 12, 2019 / Page 13

Unit sales in thousands of units

Q1 2018 Q1 2019

Revenuein billions of euros

EBITin millions of euros

114 116

Q1 2018 Q1 2019

8.69.5

Q1 2018 Q1 2019

647582

+2% +11% -10%

Daimler AG

Daimler Trucks: sales increase by 2% mainly driven by NAFTA region

Daimler Corporate Presentation / July 12, 2019 / Page 14

in thousands of units

* European Union, Switzerland and Norway

Q1 2018

114 116

Q1 2019

19

48

9

34

17

41

9

38

Rest of world

Latin America

NAFTA region

EU30*

Asia

9 6

Daimler AG

Daimler Trucks: significant decrease in incoming orders mainly driven by NAFTA region

Daimler Corporate Presentation / July 12, 2019 / Page 15

* European Union, Switzerland and Norway

in thousands of units

Q1 2018

184

101

Q1 2019

20

27

9

39

24

89

8

51

Rest of world

Latin America

NAFTA region

EU30*

Asia

12

6

Daimler AG

Daimler Trucks: EBIT

Daimler Corporate Presentation / July 12, 2019 / Page 16

* Return on sales

in millions of euros

EBITQ1 2018

EBITQ1 2019

647582

- 65

7.5%*6.1%*Higher unit sales especially in the NAFTA region

Foreign exchange rates

Higher expenses for new technologies and future products

Higher costs, mainly related to raw material and supply chain constraints

Valuation of provisions

Daimler AG

Daimler Buses

Daimler Corporate Presentation / July 12, 2019 / Page 17

Unit sales in thousands of units

Q1 2018 Q1 2019

Revenuein billions of euros

EBITin millions of euros

5.7 5.5

Q1 2018 Q1 2019

0.90.8

Q1 2018 Q1 2019

37

-21

-4% -8%

Daimler AG

Daimler Buses: sales decrease by 4% despite higher demand in Brazil and India

Daimler Corporate Presentation / July 12, 2019 / Page 18

* European Union, Switzerland and Norway

in thousands of units

Q1 2018

5.75.5

Q1 2019

0.9

0.4

2.2

0.9

1.4

0.5

1.9

1.2

Rest of world

Brazil

Mexico

EU30*

Latin America(excl. Brazil and Mexico)

0.71.1

Daimler AG

Daimler Buses: EBIT

Daimler Corporate Presentation / July 12, 2019 / Page 19

* Return on sales

in millions of euros

EBITQ1 2018

EBITQ1 2019

37

-21

- 58

4.4%*

-2.7%*

Delivery delays caused by a changed internal certification process for coaches and intercity buses

Daimler AG

Daimler Financial Services

Daimler Corporate Presentation / July 12, 2019 / Page 20

New business in billions of euros

Q1 2018 Q1 2019

Contract volumein billions of euros

EBITin millions of euros

17.9 17.3

12/31/2018 3/31/2019

154.1 157.4

Q1 2018 Q1 2019

548

1,209

-3% +2% +121%

Daimler AG

Daimler Financial Services: slight increase in contract volume

Daimler Corporate Presentation / July 12, 2019 / Page 21

in billions of euros

12/31/2018

154.1 157.4

3/31/2019

26.4

38.8

57.1

35.0

26.2

38.0

56.1

33.7

Americas

Europe (excl. Germany)

Germany

Africa & Asia-Pacific

Daimler AG

Daimler Financial Services: EBIT

Daimler Corporate Presentation / July 12, 2019 / Page 22

* Return on equity

in millions of euros

EBITQ1 2018

EBITQ1 2019

548

1,209

+ 661

17.9%*

35.7%*

Merger of mobility services of Daimler and BMW

Higher contract volume

Higher interest-rate level

Cost of risk in some markets

Daimler AGDaimler AG

Contents

Daimler Corporate Presentation / July 12, 2019 / Page 23

Group Financials

Divisional Information

Outlook

Daimler Group Strategy

Funding

Appendix

Daimler AG

Assumptions for automotive markets in 2019

Daimler Corporate Presentation / July 12, 2019 / Page 24

* including light-duty trucks

Car markets

Global

Europe

Medium- and

heavy-duty truck

markets

NAFTA region

EU30

Japan*

Brazil

EU30

Bus marketsEU30

Brazil

USA

Van markets

Indonesia*

China

USA

around the prior-year level

around the prior-year level

slight decrease

around the prior-year level

around the prior-year level

significant growth

around the prior-year level

slight growth

slight growth

around the prior-year level

slight decrease

stable development

slight growth in the midsize and large segment

Assumptions for automotive markets communicated at Q1 2019 disclosure.

Daimler AG

2019 sales outlook

Daimler Corporate Presentation / July 12, 2019 / Page 25

Mercedes-Benz Cars

Daimler Trucks

Mercedes-Benz Vans

Daimler Buses

Slightly higher unit salesFurther growth particularly in ChinaStrong momentum from the wide range of attractive and innovative vehicles

Significantly higher unit salesSignificant growth in NAFTA region, Brazil, Indonesia and India; slight growth in Japan Slight decrease in EU30 region

Significantly higher unit sales Significant growth in EU30 region, China and the United StatesAdditional momentum from new X-Class and new Sprinter

Significantly higher unit salesSlight growth in EU30 region, significant growth in IndiaUnit sales around the prior-year level in Latin America

Slightly higher unit salesSuccess based on attractive and innovative model portfolioStrong momentum from a dozen new and upgraded vehicles

Slightly higher unit salesSlight growth in NAFTA and EU30 region, increases in Brazil and IndiaUnit sales around the prior-year level in Japan, decreases in Turkey and Indonesia

Slightly higher unit sales Growth in the United States and in EU30 regionAdditional momentum from the new Sprinter

Sales outlook communicated at Q1 2019 disclosure.

Daimler AG

2019 outlook for Group EBIT and divisional RoS/RoE

Daimler Corporate Presentation / July 12, 2019 / Page 26

* Including significant one-time valuation and earnings effects from the combination of the mobility services business with BMW Group.

Return on sales in the range of 3 to 5%

Return on sales in the range of -15 to -17%

Return on sales in the range of 5 to 7%

Return on sales in the range of 7 to 9%

Return on equity in the range of 17 to 19%*

We expect Group EBIT for FY 2019 to be significantly below prior year level.

Mercedes-Benz Cars

Daimler Trucks

Mercedes-Benz Vans

Daimler Buses

Daimler Financial Services

Daimler AG

Improving future profits to invest in future technologies and sustainably achieve our target margins

Daimler Corporate Presentation / July 12, 2019 / Page 27

Sustainable return to

target RoS range

Sustainable achievement of target RoS level

and exploitation of additional potential

2019 2021

8%

10%

Mercedes-Benz

Cars & Vans

Daimler

Trucks & Buses

8% over the cycle

2019 2021

6%

8%

9%

7%

Daimler AGDaimler AG

Contents

Daimler Corporate Presentation / July 12, 2019 / Page 28

Group Financials

Divisional Information

Outlook

Daimler Group Strategy

Funding

Appendix

Daimler AG

Daimler has set the course for a successful future

Daimler Corporate Presentation / July 12, 2019 / Page 29

COMPANY structure

Profitable CORE business Strategic CASE business

CULTURE change

CUSTOMER

Daimler AG Daimler Corporate Presentation / July 12, 2019 / Page 30

A sustainable business strategy: A M B I T I O N 2 0 3 9

We aim to have a carbon-neutral new passenger car fleet in 20 years.

We want to offer our customers a carbon-neutral driving experience.

50% xEV (BEV & Plug-in)

2039

carbon-neutral new car fleet

We strive for carbon-neutral production.2022 2039

carbon-neutral car production in Europe other plants to follow

We will drive our supply chain to follow our ambition.transparency on CO2 footprint

2030

a transformation within less than 3 product cycles

2030 2039

We inspire our customers for carbon-neutral mobility.half of the carbon footprint of an EQC

arises in the use phase*

We call for a joint effort with policy makers and energy suppliers.

52%

We drive innovation to bring EV performance up and costs down.

building up a comprehensive infrastructure

*based on EU electricity mix and a mileage of 200,000 km

CO2 as an award criteria

Daimler AGDaimler AG

Investment to remain at a high level as a basis for profitable growth and development of future mobilityin billion euros

Research and development expenditure

Investment inproperty, plantand equipment

Page 31Daimler Corporate Presentation / July 12, 2019 /

10.5

13.5

11.6

Actual2014

Actual2015

Actual2016

Plan2019/20

(average p.a.)

16.416.6

Actual2018

8.7

6.7

9.1

7.5

9.2

7.3

15.5

Actual2017

Daimler AGDaimler AG Daimler Corporate Presentation / July 12, 2019 / Page 32

Mercedes-Benz Cars & Vans

Daimler AG

Exciting and promising future ahead of us

Daimler Corporate Presentation / July 12, 2019 / Page 33

Connected Autonomous

Electric CORE

Daimler AG

Mercedes-Benz Cars: globally balanced sales structure

Daimler Corporate Presentation / July 12, 2019 / Page 34

in thousands of units

Q1 2018

594555

Q1 2019

173

64

78

157

179

70

79

166

Rest of world

Germany

United States

China

Europeexcl. Germany

10083

Daimler AG

Mercedes-Benz Cars in China: continued strong sales growth with higher share of locally produced vehicles

Daimler Corporate Presentation / July 12, 2019 / Page 35

locally produced

imported

in thousands of units

293

400

488

678

2019YTD 03

201620152014 2017

147

146

150

250

171

317

193

485

619

2018

196

42317328

145

Daimler AG

M274

M264

Made in China for China: we are producing five car models and three engine models at BBAC

Daimler Corporate Presentation / July 12, 2019 / Page 36

M270

Rear

wh

eel

dri

ve

GLC (V253)

E-Class (V 213)

C-Class (V/W 205)

GLA (X156)

As announced in July 2017, a

localized BEV model under EQ

brand will be produced in BBAC

+

A-Class L Sedan

(Z177)

Daimler AG

Daimler and Geely Holding form global joint venture to develop smart

Daimler Corporate Presentation / July 12, 2019 / Page 37

50:50 joint venture between Daimler and Geely

based in China to develop and operate smart

brand globally as all electric carmaker

smart joint venture to gain shared expertise in

manufacturing, engineering and design from both

groups

smart joint venture to meet demand for

electrification with production based in China

New smart models planned from 2022 in all-

electric product renewal

Daimler AG

With vehicle architecture and modular strategy, we aim at being more cost efficient, faster and more flexible

Daimler Corporate Presentation / July 12, 2019 / Page 38

Powertrain E/E Chassis Exterior Interior

Daimler AG

High degree of modularity of the entire drive train

Daimler Corporate Presentation / July 12, 2019 / Page 39

Daimler AG

Development of CO2 emissions

Daimler Corporate Presentation / July 12, 2019 /

Average CO2-emissions in g/km Mercedes-Benz Cars fleet in Europe

140

202020182009 201620122011

173

1995 … 2008

230

125123

2017

132

150

129

2013 2015

123

134

95

2014

158

2010

160

EU

Legislation*

* Target value for average weight of European fleet.

CO

2-e

mis

sions

in (

g/

km

)

Page 40

Daimler AG

Overview CO2 reduction measures

Daimler Corporate Presentation / July 12, 2019 / Page 41

Aerodynamics

Rolling resistance

Weight

Energy recovery

Energy efficient

operational strategy

Eco-Mode, Intelligent Drive

Efficient high-tech

diesel and gasoline engines

Efficient transmissions

Efficient ancillary units

48V-starting system (e.g. ISG)

PHEV

BEV / FCEV

CO2 measures in and on the vehicle CO2 measures ICE powertrain Electrification of powertrain0

%

10

0%

De

gre

eo

f ele

ctrific

atio

n

Daimler AG

Mercedes-Benz Cars and Vans: continued product offensive

Page 42

2019

eVito

GLSGLC & GLC Coupe (upgraded)

CLA 4-door Coupe CLA Shooting Brake smart(upgraded)

V-Class(upgraded)

eSprinter

GLBEQCGLE

B-Class

Daimler Corporate Presentation / July 12, 2019 /

Daimler AG

Mercedes-Benz Cars’ target: remain No.1 premium car brand

Daimler Corporate Presentation / July 12, 2019 / Page 43

Sales targetIn thousand units

Strategic targetReturn on Sales in %

2,374

2017 2018 2020

2,3838-10%

Daimler AG

Mercedes-Benz Vans’ target: No. 1 provider of holistic transport and mobility solutions

Daimler Corporate Presentation / July 12, 2019 / Page 44

401

2017 2018 2020

Strategic targetReturn on Sales in %

over the cycle

421

Sales targetIn thousand units

9%

Daimler AG

CASE trends leading to fundamental changes in the automotive industry

Daimler Corporate Presentation / July 12, 2019 / Page 45

Daimler AG

Successful launch of MBUX in Compact Cars

Daimler Corporate Presentation / July 12, 2019 / Page 46

Take Rate

On-Board-

Navigation

Take Rate

High End

Take Rate

Entry

Touch Controls

Touchscreen

Speech Control

Hey Mercedes

Daimler AG

Development steps towards fully automated driving

Daimler Corporate Presentation / July 12, 2019 / Page 47

Single control functions

such as speed selection,

braking or lane keeping

are automated.

Driver in charge.

Level 1Driver

Assistance

Vehicle can perform the

dynamic driving task

under certain

conditions.

Driver expected to

respond to requests to

take control.

Vehicle can perform all

dynamic driving tasks

that can also be

managed by a human

driver.

No driver needed.

Vehicle can perform all

dynamic driving tasks

within a certain use

case.

Driver not expected to

take control.

Autonomous Driving

Level 2Partial

Automation

Level 3ConditionalAutomation

Level 4 High

Automation

Level 5 Full

Automation

+ enabler for new & complementary mobility services

More than one control

function is automated

under certain

conditions.

Driver expected to take

care of all remaining

aspects of the dynamic

driving task.

- Currently offered by MB

& legally permissible -

Daimler AG

In the future - driver controlled and system controlled

Daimler Corporate Presentation / July 12, 2019 / Page 48

Driver controlled

Safety technologies and automated systems,

which are situational activated by the driver

System controlled

Automated systems, which drive the vehicle from

the starting point to the destination

Daimler AG

To stay ahead of competition, Daimler joined forces with Bosch

Daimler Corporate Presentation / July 12, 2019 / Page 49

• Vehicles

• Integration of

system into the

vehicle line

Project House with locations in Germany and USA

Joint development of AD system Software

Goal: complete AD-Kit for Self Driving Car

+

Sensor Algorithms

Motion Control

Environment Fusion

Behavior Generation

System

Testing

IT & Process Support

Vehicle Control Center

• Hardware (Sensors,

Actuators, ECUs)

• Software for HW

components

SW Infrastructure

Daimler AG

San José will become first pilot testing city for automated driving in 2019

Daimler Corporate Presentation / July 12, 2019 / Page 50

MOBILITY SERVICES

Start in H2 of 2019

with demonstration of autonomous service

Automated MB S-Class vehicles

mounted with latest AD Systems

On-demand ride-hailing service

to simulate a real-life operating scenario

Day time operations

from dawn to dusk

Joint pilot of Daimler & Bosch

Daimler AG

Daimler AG and BMW Group to jointly develop next-generation technologies for automated driving

Daimler Corporate Presentation / July 12, 2019 / Page 51

Scope of cooperation Goal of cooperation

Framework for cooperation joint operation

Next generation of technologies for driver assistance systems and highly automated driving:

• Driving Functions (NCAP, SAE Level 1 - Level 4 Highway).

• Parking Functions (up to SAE Level 4).

• The joint development of a scalable system with series maturity which may be used equally by both partners.

• Joint procurement for certain components within the system.

• Time: planned start of collaboration mid 2019 and duration until product launch before 2025 including subsequent

series support

• Place: common working spaces in Stuttgart and Munich

Daimler AG

Vision URBANETIC - Mobility concept for needs-based, efficient and sustainable mobility

Daimler Corporate Presentation / July 12, 2019 / Page 52

Daimler AG

EQ - intelligent electromobility. The new product and technology brand represents “emotion and intelligence”.

Daimler Corporate Presentation / July 12, 2019 / Page 53

Daimler AG Daimler Corporate Presentation / July 12, 2019 / Page 54

Pushing ahead with our electric vehicle offensive New brand EQ for electric mobility

€20 billion supplier contracts to ensure battery cell supply

€10 billion invest into e-mobility fleet

> €1 billion invest in a global battery production network

Above 130 electrified alternatives envisaged to be realized

by 2022: In each series of Mercedes-Benz at least one

electrified version (either 48V, PIH and/or BEV)

Estimated BEV volume share between 15% and 25% until

2025

A total of more than 10 BEV vehicle types planned

smart envisaged to become the world's first automotive

brand to switch fully to electric drive systems by 2020

Implementation of charging infrastructure in Europe via

joint venture “IONITY”

Daimler AG

On the road to emission free mobility –Electrification of powertrain portfolio

Daimler Corporate Presentation / July 12, 2019 / Page 55

Performance-HybridsHighly efficient 48 V Technology

Battery Electric Vehicles &Fuel Cell Electric Vehicles

Plug-In Hybrids

Daimler AG

EQC* - the first Mercedes of the product- and technology brand EQ

Page 56

0 g/kmcombined

CO2 emissions

approx. 40 min. charging time for DC charging of

110 kW (80% SOC)

20.8 – 19.7 kWh/100kmcombined electric

energy consumption

445 - 471 kmrange (NEDC)

80 kWhbattery capacity

(NEDC)

* Combined electricity consumption: 20.8 to 19.7 kWh/100 km; combined CO2 emissions: 0 g/km.Electricity consumption and range were determined on the basis of Regulation 692/2008/EC. Power consumption and rangeare dependent on the vehicle configuration (in particular on the selection of the maximum speed limit). I) Daimler Corporate Presentation / July 12, 2019 /

Daimler AG

GLC F-CELL* - worldwide first fuel cell vehicle with plug-in-hybrid-technology

Daimler Corporate Presentation / July 12, 2019 / Page 57

approx. 3 min. fueling time

13.7 kWh/100kmcombined electric

energy consumption

approx. 430/480 kmelectric range F-CELL/

hybrid mode

approx. 0.34kg/100 km combined hydrogen

consumption

13.5/9.3 kWhbattery capacity

0 g CO2/100 kmcombined CO2-emissions

*Figures for fuel consumption, electrical consumption and CO 2 emissions are provisional and were determined by the technical service for the certification

process in accordance with the WLTP test method, and correlated into NEDC figures. The EC type approval and a certificate of conformity with official

figures are not yet available. Differences between the stated figures and the official figures are possible

Daimler AG

With eDrive@VANs MB Vans provides holistic solutions for the electric future of the van business

Daimler Corporate Presentation / July 12, 2019 / Page 58

• eVito successfully introduced into the market

• The eSprinter will follow in the second half of 2019

• The ecosystem of apps and services sets the focus beyond the car and offers

solutions from charging to fleet management

Daimler AG

Ambitious definition of our EV market targets

Daimler Corporate Presentation / July 12, 2019 / Page 59

50%

0%

25%

EV share Mercedes-Benz Cars sales 2025

100%

Greater China

NAFTAWEU

Highest potential EV share Mercedes-Benz Cars 2025

12 3

Daimler AG

Highly flexible production for electric vehicles and batteries

Daimler Corporate Presentation / July 12, 2019 / Page 60

Europe

China

Thailand

Germany

AsiaAmerica

USA

Thailand

Location vehicle production

Location battery production

France

Poland

Daimler AG

Work

Charging network together with partners improve customer experience

Daimler Corporate Presentation / July 12, 2019 / Page 61

Home

Mercedes-Benz EQC: Combined electricity consumption: 20.8 to 19.7 kWh/100 km; combined CO2 emissions: 0 g/km. Electricity consumption and range were determined on the basis of Regulation

692/2008/EC. Power consumption and range are dependent on the vehicle configuration (in particular on the selection of the maximum speed limit). I)

Mercedes-Benz GLC F-CELL: Combined hydrogen consumption: 0.34 kg/100 km, combined CO2 emissions: 0 g/km, combined electric energy consumption: 13.7 kWh/100 km; Figures for fuel consumption,

electric energy consumption and CO2 emissions are provisional and were determined by the technical service for the certification process in accordance with the WLTP test method and correlated into NEDC

figures. The EC type approval and a certificate of conformity with official figures are not yet available. Differences between the stated figures and the official figures are possible.

Mercedes-Benz C 300 de: Combined fuel consumption 1.6 l/100 km, combined CO2 emissions 42 g/km, combined electrical consumption 18.7 kWh/100 km. The stated figures were determined in accordance

with the prescribed measuring method. These are the "NEDC CO2 figures" according to Art. 2 No. 1 Implementing Regulation (EU) 2017/1153. The fuel consumption figures were calculated based on these figures.

Electrical consumption has been determined on the basis of Directive 692/2008/EC. II)

Public

Daimler AGDaimler AG Daimler Corporate Presentation / July 12, 2019 / Page 62

Daimler Trucks & Buses

Daimler AG

Our answers to master future challenges

Daimler Corporate Presentation / July 12, 2019 / Page 63

AutomatedConnected

CORE Electric

Daimler AG

Daimler Trucks: our strategy

Daimler Corporate Presentation / July 12, 2019 / Page 64

Customer

Focus

Global

Platforms

Global Market

Presence

Innovation

Leadership

Daimler AG Daimler Corporate Presentation / July 12, 2019 / Page 66

China: we are well prepared to tap into the biggest market

Strong,

committed

partnership

with Foton

Biggest market

of commercial

vehicles.

Market shifting

towards premium

segment and

new technologies.

Our Joint venture

BFDA delivers strong

sales. Over 100k

trucks sold in 2018.

Strengthen our market

position by further

enhancing our

product portfolio.

Daimler AG

Our Mission: make our customers more successful

Daimler Corporate Presentation / July 12, 2019 / Page 67

Best-in-class products

in all regions

Customer experience

as differentiatorServices beyond

the hardware

Connectivity &

Uptime

Extended Warranty

& Service Products

End—to-End Support

& Consulting

Continuous Process

Improvement

Customer-focused

product development

Service and

Parts Network

Measurable Benefits Ease of Doing Business Trusted Partner

Daimler AG

Efficiency: improving our customers’ bottom line

Daimler Corporate Presentation / July 12, 2019 / Page 68

Europe: Mercedes-Benz Actros

Fuel reduction up to -8%*

Next efficiency step by 2019

Fuel reduction up to -3%*on

motor-ways and up to -5%*

on rural routes

NAFTA: Freightliner New Cascadia Japan: FUSO Super Great

Fuel reduction up to -15%*

Complete efficiency makeover

*Fuel reductions compared to previous model

Daimler AG

Global Platforms:leveraging our global scale in technology & cost

Daimler Corporate Presentation / July 12, 2019 / Page 69

Transmissions

Electric/Electronic

Chassis

Medium-dutyengines

Heavy-duty engines

EU LA

Cabarchitecture

China

ECU3

ECU2ECU1

Daimler AG

Global platforms are a great competitive advantage – they achieve several goals at the same time:

Daimler Corporate Presentation / July 12, 2019 / Page 70

Speed of Innovation Economies of Scale R&D Efficiency

Global platforms enable

fast rollout of innovations Global platforms can secure pass-car-

like volumes.

Common base development in an

efficient R&D network.

ABA4

Pedestrian

Sideguard

AssistHDEP FE1

MDEG

NAFTA & Jp

Daimler AG

Daimler Trucks - sticking to our target: leader in the truck industry

Daimler Corporate Presentation / July 12, 2019 / Page 71

Sales targetIn thousand units

Strategic targetReturn on Sales in %

471

2017 2018 2020

517

over the cycle

8%

Daimler AG

Target: leading in the bus industry

Daimler Corporate Presentation / July 12, 2019 / Page 72

Daimler AG

Daimler Bus's target: No. 1 in the global bus business

Daimler Corporate Presentation / July 12, 2019 / Page 73

28.7

2017 2018 2020

Strategic targetReturn on Sales in %

over the cycle

30.9

Sales targetIn thousand units

6%

Daimler AG

Our invest in future technologies @ DT

Daimler Corporate Presentation / July 12, 2019 / Page 74

~ 1.4 bn € > 500 mn €

Avg. R&D investment

(2019 & 2020)

Investment in Automated Driving (Level 4)

Daimler AG

We make a lot of progress in future technologies

Daimler Corporate Presentation / July 12, 2019 / Page 75

Gain Headline

Gain Knowledge

Gain Business

Active Safety

MB Uptime

ElectricConnected Automated

Daimler AG

Connectivity: today our trucks are online in every region* with real benefits for our customers and ourselves internally

Daimler Corporate Presentation / July 12, 2019 / Page 76

Mercedes-Benz

Uptime

One common global

backbone

Real customer benefit

optimizing Uptime

Big Data Analytics as basis

to further optimize our products

* Provided internet availability.

Daimler AG

New Cascadia:

• Active Brake Assist 5.0:

Full Emergency Braking on stationary

objects incl. Pedestrians.

• Lane Keep Assist:

Lateral control at all vehicle speeds.

• Lane Departure Protection:

Active steering if vehicle departs lane.

• Side Guard Assist:

Lane Change Assist.

Turn Assist.

Trailer Sweep Assist.

• Adaptive Cruise Control:

Distronic+ down to 0mph for stop and

go traffic.

• ….

After introducing the New Actros in Europe, we have also launched Level 2 series trucks in the US.

Daimler Corporate Presentation / July 12, 2019 / Page 77

Daimler AG

We are working on all aspects of automated trucking

Daimler Corporate Presentation / July 12, 2019 / Page 78

In-vehicle computing

power

Deep Learning/

Artificial Intelligence

Learning from examples

Legal &

Homologation

Connectivity &

IT Backend

Driving Dynamic Modelling

Environment Perception

Sensor Fusion

Sensors Vehicle & Trailer

Radar, Camera, LIDAR,

Ultra Sonic

Fail Operational Design/

Redundancy

Powernet, Steering,

Braking, Sensors

HD Localization /

Interactive Connected

Maps

(online)

Truck

Software

Customer

Operations

Daimler AG

Daimler Trucks strives to develop highly automated trucks for market launch within next 10 years; investing 500+ Mio Euros including majority stake in TORC Robotics

Daimler Corporate Presentation / July 12, 2019 / Page 79

• Torc Robotics is one of most experienced self-driving

vehicle teams

• Torc Robotics to retain location, name, and team

members while working closely with Daimler Trucks

research and development teams, especially in

North America

• Daimler Trucks to leverage synergies across Daimler

through close cooperation with Mercedes-Benz Cars

on automated vehicle technologies

Daimler AG Daimler Corporate Presentation / July 12, 2019 / Page 80

The road map towards the fully automated truckThe road map towards the fully automated truck

2Partial

automation

LEVEL

1Function-specific

automation

LEVEL

5Full

automation

LEVEL

0 DriverLEVEL

High

automation4LEVEL

3Conditional

automation

LEVEL

Daimler AG

Electric: we have been the pioneers for many years

Daimler Corporate Presentation / July 12, 2019 / Page 81

2014-2017:

FUSO eCanter

fleet tests in Europe

07/2017:

Start of production

FUSO eCanter

09/2016:

Mercedes-Benz eActros prototype,

FUSO eCanter in new design

07/2016:

Mercedes-Benz eActros

technology concept

09/2010:

First prototype

of FUSO eCanter

09/2017:

FUSO eCanter

market launch

11/2017:

World premiere of Thomas

Built Buses Jouley

02/2018:

Presentation of

Mercedes-Benz

eActros

10/2017:

New brand E-FUSO

and heavy-duty

e-truck Vision One

06/2018:

Presentation of Freightliner

eCascadia and eM2

09/2018:

First handover of

Mercedes-Benz eActros

to customers

12/2018

First handover of eM2

to customers

Daimler AG

Locally emission-free and quiet: our battery-powered commercial vehicles for urban areas.

Daimler Corporate Presentation / July 12, 2019 / Page 82

Thomas Built Buses

Saf-T-Liner® eC2

2017: World premiere

2018: Innovation fleet

2019: Small series

FUSO

eCanter

2016/18: World premiere

2018/19: Innovation fleet

2021: Market introduction

eActros,

eCascadia & eM2

Mercedes-Benz

eCitaro

2014: Innovation fleet

2017: Market introduction

End of decade: Large series

2018: Customer Fleet Test

2018: Market introduction

2019: Large series

Daimler AGDaimler AG Daimler Corporate Presentation / July 12, 2019 / Page 83

Daimler Financial Services

Daimler AG

Daimler Mobility – We move you

Daimler Corporate Presentation / July 12, 2019 / Page 84

DaimlerMobility

Daimler AG Daimler Corporate Presentation / July 12, 2019 / Page 85

57%

21%

Penetration rates per vehicle segment

43%41%

Global penetration rate DFS in Q1 2019

~50%

We finance nearly every second vehicle

sold by Daimler

Daimler AG

We operate in over 40 countries and we have successfully grown our portfolio over the years

Daimler Corporate Presentation / July 12, 2019 / Page 86

Wholesale

Lease

Loan

Buses

Vans

Trucks

Passengers Cars

Others

Portfolio(in bn €)

Acquisitions(in bn €)

7.8 % CAGR

6472

8084

99

117

133140

154

2934

38 4148

5862 71 72

201720162015201420132010 20122011 2018 Q1 2019

157

Daimler AG

Daimler Financial Services: net credit losses* at low level due to disciplined risk approach

Daimler Corporate Presentation / July 12, 2019 / Page 87

* as a percentage of portfolio, subject to credit risk

0.69% 0.68%

0.50%

0.61%

0.36%

0.51%

0.89%0.83%

0.43%

0.34% 0.37%0.31%

0.24%0.31%

0.26%0.21%

0.17%

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2019YTD

2015 2016 2017 2018

Daimler AG

Daimler Financial Services’ target: best financial and mobility services provider

Daimler Corporate Presentation / July 12, 2019 / Page 88

Portfolio targetin billions of EUR

139.9

2017 2018 2020

Strategic targetReturn on Equity in %

154.1 17%over the cycle

Daimler AG

is a showcase example for digital financing

Daimler Corporate Presentation / July 12, 2019 / Page 89

Daimler investment rationale behind AutoGravity engagement

• More than 3.0 million users

• Top-ranked Android & Apple app

• Over $4.5 bn in total finance requests since launch

TOP FACTS AUTOGRAVITY Q1 2019

Lead the digitization of the industryby launching disruptive approach towards automotive financing

Provide outstanding customer experiences by offering first-of-its-kind comparison app for vehicle shopping and financing

Build additional asset-light revenue sources by building commission-based platform business

Maintain customer contact and enable growthWhile relieving Daimler balance sheet via third party financing

Daimler AGDaimler AG

Increasingly more urban customers prefer to consume mobility as a service

Daimler Corporate Presentation / July 12, 2019 / Page 90

BUYINGMobility as a product

CONSUMINGMobility as a service

5.3mn 0.4mn0.4mnInsurancePolicies

Banking Customers

Vehicles in Fleet

Management

Generate New Revenueby entering a three-digit billion USD market

Extend Daimler Ecosystemby offering one-stop shopping

Prepare For The Futureby building customer base and skills

Grow Customer Baseby addressing their finance & mobility needs

5.0mnFinanced or

Leased Vehicles

Enabler Finance and Lease Enabler Finance and Lease

Q1 2019

Daimler AG

Daimler and BMW are joining forces: creating one of the leading providers of urban mobility

Daimler Corporate Presentation / July 12, 2019 / Page 91

31 million Daimler mobility service customers

at the end of 2018

Mobility joint ventures with BMW including ride hailing, car sharing, parking,

on-demand multimodal mobility and charging

Daimler AG

YOUR NOW Joint Ventures

Daimler Corporate Presentation / July 12, 2019 / Page 92

3.2*

>66

124.2

Customers**in millions

>1,200

GMV RR***in bn €

Q1 2019

* For U.S. entity of PARK, March 2019 figure estimated ** Partially, data summation w/o consideration of possible redundancies *** Gross merchandise value run rate based on figures of previous month

Cities**

0.069.2 53.2 7.7 54.1*

0.02>4 24.4 6.7 30.9*

n/a30 >110 20 >1,200*

The Mobility Powerhouse

Interactionsin millions

Daimler AG

SHARE NOW is the global market leader in free-floating car sharing

Daimler Corporate Presentation / July 12, 2019 / Page 93

Q1 2019 Highlights

- Start of Paris as a new location

with 400 fully electric smart

fortwo vehicles.

- Introduction of deep-linking on

Day One of the Joint Venture:

Customers can see all cars in

both – the car2go and the

DriveNow apps.million customers4+

cities in 30 countries13

million rentals

in Q1 20199.2

Daimler AG

FREE NOW ride-hailing and micromobility

Daimler Corporate Presentation / July 12, 2019 / Page 94

million

customers24+

drivers500,000

million tours53

Launch in Mexico City:

most successful

launch ever

Rebrand Chauffeur

Privé => Kapten

Launch in Geneva

Launch in Palermo

and 6 more

European cities

European market

introduction: Paris,

Warsaw and Athens

Rebranding Clever

Taxi => Clever;

Entering the PHV

market in Romania

Daimler AG

REACH NOW creating a global Mobility-as-a-service platform

Daimler Corporate Presentation / July 12, 2019 / Page 95

Highlights Q1 2019

Mobility Budget:

• REACH NOW extends MaaS

platform to employers to

manage, track and distribute

commuter benefits and fares

• In March 2019, Mobility Budget

was launched for more than

3,000 Daimler Financial

Services employees in

Germany

Izuko App:

• End of March 2019, REACH

NOW MaaS platform was

launched in Asia: The "Izuko"

App offers access to bus and

train, rental bikes, rental cars

and on-demand ridesharing for

the Izu region, south of Tokyo.

Daimler AG

PARK NOW one of the leading digital parking providers in Europe and North America

Daimler Corporate Presentation / July 12, 2019 / Page 96

million

customers31

cities1,200+

million transactions*in Q1 2019

54

~7 Transactions

every second

• PARK NOW available for mobile parking

payment in Zürich since April 1st, 2019

• Europe: March 2019 highest number of

transactions ever (+25% YoY)

• North America: Hit the 13 million user

milestone

PARK NOW makes parking easier, on-street or off-street. The innovative digital parking service offers users the best

possible parking solutions at a glance, allows them to reserve parking slots and manage their parking times, and

enables ticketless entry and exit in public garages as well as cashless payment of parking fees.

*ParkNow U.S. entity March 2019 figure estimated.

Daimler AG

CHARGE NOW already providing access to the largest charging network in Europe and beyond

Daimler Corporate Presentation / July 12, 2019 / Page 97

• Go-live of an additional charging

service solution in Germany

• New app features: voice control and

route planning

Integrated

charge point

operators

250+

interactionsin Q1 2019

60,000

customers

charge

points110,000+

20,000

CHARGE NOW is a service by Digital Charging Solutions GmbH (DCS), and its comprehensive charging network is a key

contributor to zero-emissions driving. CHARGE NOW makes public charge points quick and easy to locate, use and pay

for, both at home and abroad. Digital Charging Solutions GmbH develops simple, standardized access to public charge

points for car manufacturers and fleet operators.

Daimler AG

Our Mobility Services portfolio is a strong starting point to conquer the customer interface

Daimler Corporate Presentation / July 12, 2019 / Page 98

Digital Mobility

Solutions

Portfolio

Management

Urban Mobility

Concepts

Daimler Payment

Solutions

Autonomous

Services

Cooperation

Management

Bolt Flixbus TURO Via Blacklane verimi Mpay

Developments in Q1 2019

Mpay integration platform has just been

launched for the remaining 13 of total 32

markets worldwide of the Mercedes me

connect Store.

An Urban Mobility Team has been

formed at DMS in order to create a

comprehensive mobility ecosystem.

Geely and DMS will form a premium

ride-hailing joint venture in China. The

50-50 JV will be headquartered in

Hangzhou. The JV will provide ride-hailing

mobility services in several Chinese

cities using premium vehicles including

but not limited to Mercedes-Benz

vehicles.

The minority investment Careem will

become a wholly-owned subsidiary of

UBER. The Transaction is expected to

close in 2020.

Daimler AG

Self-driving technology will likely increase the demand for shared mobility services

Daimler Corporate Presentation / July 12, 2019 / Page 99

Prices will

decrease due to

higher fleet

utilization

Customer demand

will increase due to

higher attractiveness

Increasing need for

self-driving car services

FUTURE

SELF-

DRIVING

CAR

SERVICES

…Deliver a unique customer experience

…Enhance traffic safety

…Improve quality of life in cities

…Provide a huge market opportunity

Self-driving car services are expected to ... Leading to a reinforcing cycle of mobility services

Daimler AGDaimler AG Daimler Corporate Presentation / July 12, 2019 / Page 100

Daimler Group StrategyCulture

Daimler AG

Transforming the Mindset

Daimler Corporate Presentation / July 12, 2019 / Page 101

Daimler AG

we are investing in the future*

Daimler Corporate Presentation / July 12, 2019 / Page 102

C A S E

***

* Not all investments have been disclosed. ** Subject to approval by authorities.

**

*** Subject to closing.

Daimler AGDaimler AG Daimler Corporate Presentation / July 12, 2019 / Page 103

Daimler Group StrategyCompany

Daimler AG

We expect PROJECT FUTURE to create a strong family of companies with three legally independent divisions

Daimler Corporate Presentation / July 12, 2019 / Page 104

Mobility and financial services

~13,000 employees worldwide1

Trucks & Buses

~100,000 employees worldwide1

DAIMLER TRUCK AG

Cars & Vans

~175,000 employees worldwide1

MERCEDES-BENZ AG DAIMLER MOBILITY AG

In the future, the Daimler Group will

consist of three legally

independent entities

and Daimler AG as the parent

company.

The Group is creating strong

divisions with a sharp focus on

customers and markets. Daimler AG

will be the connecting element

that ensures cohesion and the

impact of a global corporation.

1) Number of employees in all companies allocated to the respective division

DAIMLER AG

Strategy, guidance and services

~2,400 employees in governance functions

~3,600 employees in business services functions

worldwide

Daimler AG

Our new structure is expected to lead to significant

benefits for Daimler

Daimler Corporate Presentation / July 12, 2019 / Page 105

Sharpen

focus

Strengthen

entrepreneurial

action

Ensure

synergies

Winning

innovation

partners

Increasing

attractiveness

on the capital

market

Daimler AG

What does the new structure mean for Daimler employees?

Daimler Corporate Presentation / July 12, 2019 / Page 106

DAIMLER AG

~136,000

DAIMLER FINANCIAL

SERVICES AG

DAIMLER AG

~6,000

MERCEDES-BENZ AG

DAIMLER TRUCK AG

DAIMLER MOBILITY

AG

Current structure

Planned structure

1) Figures only include employees that are subject to transfer of establishments

Daimler AG

The hive-down approved by our shareholders at the Annual

General Meeting will become effective in Q4 2019

Daimler Corporate Presentation / July 12, 2019 / Page 107

NewDAIMLER structure

MB AG DT AG

DM AG

Start PROJECTFUTURE

22.05.2019 November 20192018-2019

DAG

Daimler AGDaimler AG

Contents

Daimler Corporate Presentation / July 12, 2019 / Page 108

Group Financials

Divisional Information

Outlook

Daimler Group Strategy

Funding

Appendix

Daimler AG

Daimler follows a prudent Financial Policy

Daimler Corporate Presentation / July 12, 2019 / Page 109

Clear commitment to a single A rating

Dividend policy of 40% target pay-out ratio*

Balanced approach between shareholder interest and credit providers

Daimler AG

No share buybacks planned

Pensions: current funded ratio at 79%

*Based on net profit attributable to shareholders of Daimler AG.

Daimler AG

Our funding strategy is built on prudent principles

Daimler Corporate Presentation / July 12, 2019 / Page 110

Targeting

Financial

Independence

No dependence from single markets, instruments, banks or investors

Diversification of funding sources and instruments:

Bank Loans, Bonds, ABS, CP, Deposits

No Covenants, no MAC, no asset pledges, no CSAs

Maximizing

Financial

FlexibilityEarly capital market funding to save credit capacity in growth regions

New markets funded via global and local banks first

Stringent Global

Funding Policy

Liquidity matched funding

Interest rate matched funding

Currency matched funding

Country matched funding

Keeping prudent amount of Cash and Committed Credit Facility

Daimler AG

Daimler AG

Project Future – Financial Principles for “One Credit”

Daimler Corporate Presentation / July 12, 2019 / Page 111Daimler AG

Liquidity Management

Group Funding

Market Price Risk

ManagementDPLTA*

Rating

Centralized steering of group funding supported by written guarantees

Centralized steering of Group liquidity

Centralized management of the impact of market fluctuations (FX, Interest, Commodities, Pension Assets)

Strong commitment to maintain Daimler’s strong credit profile

DPLTAs* guarantee access to all operating cash flows

* DPLTA: Domination and Profit & Loss Transfer Agreement

Daimler AG

Daimler pension funded ratio increased to 79% since 2010

Daimler Corporate Presentation / July 12, 2019 / Page 112Daimler AG

3.42.2

9.88.6

11.5

7.4 7.8

4.5

6.26.9

0.3

2.01.1

0.5

3.11.9

2.43.7

0.70.0

0

2

4

6

8

10

12

14

2010 2011 2012 2013 2014 2015 2016 2017 2018 Q1 2019

in E

UR

bn

Pension Provision Daimler Group Contributions

80% 79%

1

2

3

4

5

6

7

8

0

10

20

30

40

50

60

70

80

90

66%

2010

73%

3.10%

59%

2012

3.40%

63%

2013

1.90%

2015

62%

2.60%

2014

1.90%

5.00%

75%

2016

1.80%

2011

86%

1.45%

2017

1.80%

63%

2018

4.70%

Q1 2019

+16%

Discount Rate Daimler AG (in %) Funded Ratio Daimler Group (in %)

Significant contributions of EUR 15.9bn since 2010 support the solid capital structure

Even though German Discount Rate decreased significantly since 2010, Funded Ratio increased by 16%

Daimler AG

Daimler follows a prudent financial management approach and further strengthened the balance sheet…

Daimler Corporate Presentation / July 12, 2019 / Page 113

Note: Figures may not be additive due to rounding.

Net Industrial Liquidity (in bn EUR)Gross Group Liquidity (in bn EUR)

15.418.2 18.4

21.223.3

2.8

3.5 3.7

4.3

3.4

20162015 Q1 2019

21.7

2017

22.1

2018

18.2

25.426.7

Financial Services

Industrial Business

18.619.7

16.6 16.3

11.3

20182015 2016 2017 Q1 2019

Daimler AG

Daimler AG

Financing Liabilities with a balanced mix

Daimler Corporate Presentation / July 12, 2019 / Page 114Daimler AG

Note: Figures may not be additive due to rounding.

in billions of EUR

50.863.0 67.3

76.6 82.8

27.3

29.734.6

39.439.9

10.5

11.6

11.5

11.811.9

10.6

11.0

12.512.6

3.0

1.7

1.0

2.8 2.3

1.5

1.0

2.0

2.0 1.6

4.0

0.0

0.0

7.4

2015

117.6

Q1 20192016

0.0

2017

0.0

154.9

2018

100.6

127.4

145.0

Fin. Lease (IFRS 16)

Other (ex Fin. Lease)

Acc. Deposits

Com. Paper

ABS

Bank Loans

Bonds

Daimler AG

Consequent Development to Global Capital Market Funding Diversification will continue

Daimler Corporate Presentation / July 12, 2019 / Page 115

Argentina

Domestic Debt

Issuance Prog.

MexicoDomestic Issuance Prog.

USA

144a / RegS PP

CP

ABS

EMTN

Domestic Bonds

ABS

CP

Canada

Euro Market

EMTN Program

Italian domestic

EUR CP Program

ABS

Letras

Financeiras

Brazil

South Africa

Domestic Debt

Issuance Prog.

Turkey

Domestic Bonds

EMTN

India

Domestic Bonds

Domestic CP

Australia

EMTN

Domestic CP Prog.

ABS

Thailand

Domestic Bond Prog.

Malaysia

Domestic Bond Prog.

Japan

Domestic Bonds

EMTN

Korea

Domestic Bond Prog.

China

Domestic Bonds

ABS

Daimler AG

Funding base further diversified to a true global set-up

Daimler Corporate Presentation / July 12, 2019 / Page 116

Note: Figures may not be additive due to rounding.

in billions of EUR

0%

1%

8%

2%

2%22%

23%

Other

Fin. Lease (IFRS 16)

51%

Q4 2009

ABS

Acc. Deposits

1%

53%

Q1 2019

3%

8%

Com. Paper

26%

Bank Loans

154,9

Bonds

57,30%

Currency Volume %

EUR 19,5 66%

USD 7,8 27%

ZAR 0,8 3%

JPY 0,6 2%

GBP 0,3 1%

CHF 0,2 1%

Other (AUD,

MXN, ARS)

0,2 1%

Total 29

Currencies 9

Daimler AG

Currency Volume %

EUR 35,6 43%

USD 29,8 36%

CNY 4,0 5%

GBP 3,8 5%

CAD 3,1 4%

ZAR 1,9 2%

KRW 0,7 1%

AUD 0,7 1%

MXN 0,6 1%

JPY 0,6 1%

CHF 0,4 0%

Other (NOK, THB 1,3 2%

INR, HKD, BRL,

NZD)

Total 83

Currencies 19

Daimler AG

Maturity profile further lengthened

Daimler Corporate Presentation / July 12, 2019 / Page 117

in billions of EUR as of 31 March 2019

Daimler AG

6.2

20212019

16.3

1.9

0.2

17.6

2020

0.4

1.0

2022

1.5

17.8

4.2

2023

2.0

2030

0.9

8.5

4.2

2.3

2024

2.0

20372025

1.0

2027 20292028

0.4

1.5

2026

0.8

1.3

2031

13.5

16.7

5.0

3.7

2.2

0.2

2.11.3

5.7

Issued in 2019

Maturities

Daimler AG

Solid rating supports Daimler‘s funding

Daimler Corporate Presentation / July 12, 2019 / Page 118

Current ratings: S&P: A stable A-1

Moody’s: A2 stable P-1

Fitch: A- stable F2

DBRS: A stable R-1 (low)

Daimler target: Sustaining the A rating at all rating agencies

Scope: A stable S-1

Daimler AG

Daimler AGDaimler AG

Contents

Daimler Corporate Presentation / July 12, 2019 / Page 119

Group Financials

Divisional Information

Outlook

Daimler Group Strategy

Funding

Appendix

Daimler AG

Initial application of IFRS 16

Daimler Corporate Presentation / July 12, 2019 / Page 120

IFRS 16 is a new standard regarding primarily lessee accounting. Lessor accounting is principally not affected.

Daimler will apply IFRS 16 for the first time for the financial year beginning January 1, 2019.

No restatement of Financial Statements 2018 (modified retrospective approach).

Daimler used simplifications available under IFRS 16 for transition (e.g. right-of-use asset is principally recognized with the same amount as the lease liability).

FINANCE LEASE OPERATING LEASE

Recognition of leased asset and liability

Depreciation of leased asset

Apportionment of lease payments between interest expense and reduction of liability

No recognition of leased asset or liability

Recognition of operating lease expenses

Recognition of a right-of-use (“RoU”) asset and a lease liability

Straight-line depreciation of RoUasset

Interest expense on liability (effective interest method, “frontloading of expense”)

IFRS 16(former) IAS 17

Lease

Ch

an

ge

s

Daimler AG

Key balance sheet and financial figuresin billions of euros

Daimler Corporate Presentation / July 12, 2019 / Page 121

Daimler Group Dec. 31, 2018 March 31, 2019

Equity ratio 22.2% 21.6%

Gross liquidity 25.4 26.7

Funded status of pension obligations -6.2 -6.9

Funding ratio 80% 79%*

Industrial business

Equity ratio 42.8% 39.2%

Net liquidity 16.3 11.3

Free cash flow (January-March) 1.8 -2.0

* mainly driven by a reduction of discount rates

Daimler AG

Units sales by division

Daimler Corporate Presentation / July 12, 2019 / Page 122

in thousand unitsQ1 2018 Q1 2019 % change

Daimler Group 806.9 773.8 -4

of which

Mercedes-Benz Cars 594.3 555.3 -7

Daimler Trucks 113.8 115.9 +2

Mercedes-Benz Vans 93.0 97.0 +4

Daimler Buses 5.7 5.5 -4

Daimler AG

Revenue by division

Daimler Corporate Presentation / July 12, 2019 / Page 123

in billion eurosQ1 2018 Q1 2019 % change

Daimler Group 39.8 39.7 -0

of which

Mercedes-Benz Cars 23.0 21.2 -8

Daimler Trucks 8.6 9.5 +11

Mercedes-Benz Vans 3.1 3.4 +9

Daimler Buses 0.9 0.8 -8

Daimler Financial Services 6.3 6.9 +10

Daimler AG

Revenue by region

Daimler Corporate Presentation / July 12, 2019 / Page 124

* excluding revenue of not fully consolidated companies

in billion eurosQ1 2018 Q1 2019 % change

Daimler Group 39.8 39.7 -0

of which

Europe 16.4 16.6 +1

of which Germany 6.0 6.4 +7

NAFTA 10.6 11.6 +9

of which United States 9.1 10.1 +12

Asia 10.3 9.0 -13

of which China* 5.2 4.4 -15

Other markets 2.4 2.5 +4

Daimler AG

EBIT by division

Daimler Corporate Presentation / July 12, 2019 / Page 125

* Return on sales for automotive business, return on equity for Daimler Financial Services; Daimler Group excluding Daimler Financial Services

Q1 2018 Q1 2019

EBIT in million euros; RoS/RoE in % EBIT RoS/RoE* EBIT RoS/RoE*

Daimler Group 3,335 8.3 2,802 4.9

of which

Mercedes-Benz Cars 2,060 9.0 1,298 6.1

Daimler Trucks 647 7.5 582 6.1

Mercedes-Benz Vans 172 5.6 -98 -2.9

Daimler Buses 37 4.4 -21 -2.7

Daimler Financial Services 548 17.9 1,209 35.7

Reconciliation -129 – -168 –

Daimler AG

Group EBIT in Q1 2019

Daimler Corporate Presentation / July 12, 2019 / Page 126

in million euros

-4412,802

-39

3,335

-77

-637

• Cars -792• Trucks +151• Vans +31• Buses -27

• Cars -143• Trucks +77• Vans -24• Buses +13 • Cars +173

• Trucks -293• Vans -277• Buses -44

+718

ActualQ1 2018

Volume/Structure/Net pricing

Foreignexchange

rates

Other costchanges

ActualQ1 2019

ReconciliationFinancial Services

-57

Discloseditems

• DFS:Merger of mobility services of Daimler and BMW +718

Daimler AG

Capital expenditure / Research and development

Daimler Corporate Presentation / July 12, 2019 / Page 127

Investment in property, plant and equipment

Research and development expenditure

Actual2017

Actual2018

Plan*2019-2020

Actual2017

Actual2018

Plan*2019-2020

Daimler Group 6.7 7.5 7.3 8.7 9.1 9.2

of which

Mercedes-Benz Cars 4.8 5.7 5.7 6.6 7.0 7.0

Daimler Trucks 1.0 1.1 1.1 1.3 1.3 1.4

Mercedes-Benz Vans 0.7 0.5 0.2 0.6 0.7 0.5

Daimler Buses 0.1 0.1 0.1 0.2 0.2 0.2

Daimler Financial Services 0.04 0.06 0.05 – – –

* average p.a.

in billion euros

Daimler AG

Daimler Investor Relations Events Q2-2019

Daimler Corporate Presentation / July 12, 2019 / Page 128

For latest dates please see https://www.daimler.com/investors/events/roadshows/

Apr 30 2019 CFO Roadshow London

May 7-8 2019 IR Roadshow New York/Boston

June 6 2019 UniCredit Automotive Credit Conference London

June 7 2019 dbAccess Berlin Conference Berlin

Apr 29 2019 CFO Roadshow Frankfurt

June 11 2019 J.P. Morgan European Automotive Conference London

June 6 2019 CEO/CFO Meetings Stuttgart

May 27 2019 Treasury/IR Roadshow Frankfurt

May 10 2019 Treasury/IR Roadshow Munich

Daimler AG

Daimler Investor Relations Financial Calendar 2019

Daimler Corporate Presentation / July 12, 2019 / Page 129

Feb 07 2019 Investor and Analyst Conference

Feb 15 2019 Annual Report 2018 online available

Apr 26 2019 Interim Report 1st Quarter 2019

Jul 24 2019 Interim Report 2nd Quarter 2019

For latest dates please see https://www.daimler.com/investors/events/financial-calendar/

Oct 24 2019 Interim Report 3rd Quarter 2019

May 22 2019 Annual Meeting 2019

Feb 06 2019 Annual Press Conference 2019 / Full Year Results 2018

Daimler AG

Disclaimer

Daimler Corporate Presentation / July 12, 2019 / Page 130

This document contains forward-looking statements that reflect our current views about future events. The words “anticipate,” “assume,” “believe,” “estimate,” “expect,” “intend,”

“may,” ”can,” “could,” “plan,” “project,” “should” and similar expressions are used to identify forward-looking statements. These statements are subject to many risks and uncertainties,

including an adverse development of global economic conditions, in particular a decline of demand in our most important markets; a deterioration of our refinancing possibilities on the

credit and financial markets; events of force majeure including natural disasters, acts of terrorism, political unrest, armed conflicts, industrial accidents and their effects on our sales,

purchasing, production or financial services activities; changes in currency exchange rates and tariff regulations; a shift in consumer preferences towards smaller, lower-margin

vehicles; a possible lack of acceptance of our products or services which limits our ability to achieve prices and adequately utilize our production capacities; price increases for fuel or

raw materials; disruption of production due to shortages of materials, labor strikes or supplier insolvencies; a decline in resale prices of used vehicles; the effective implementation of

cost-reduction and efficiency-optimization measures; the business outlook for companies in which we hold a significant equity interest; the successful implementation of strategic

cooperations and joint ventures; changes in laws, regulations and government policies, particularly those relating to vehicle emissions, fuel economy and safety; the resolution of

pending government investigations or of investigations requested by governments and the conclusion of pending or threatened future legal proceedings; and other risks and

uncertainties, some of which we describe under the heading “Risk and Opportunity Report” in the current Annual Report. If any of these risks and uncertainties materializes or if the

assumptions underlying any of our forward-looking statements prove to be incorrect, the actual results may be materially different from those we express or imply by such statements.

We do not intend or assume any obligation to update these forward-looking statements since they are based solely on the circumstances at the date of publication.

Directed at German costumers:

Weitere Informationen zum offiziellen Kraftstoffverbrauch und den offiziellen spezifischen CO2-Emissionen neuer Personenkraftwagen können dem „Leitfaden über den Kraftstoffverbrauch und die CO₂-Emissionen neuer Personenkraftwagen“ entnommen werden, der an allen Verkaufsstellen und bei der Deutschen Automobil Treuhand GmbH unter www.dat.de unentgeltlich erhältlich ist.

I) Stromverbrauch und Reichweite wurden auf der Grundlage der VO 692/2008/EG ermittelt. Stromverbrauch und Reichweite sind abhängig von der Fahrzeugkonfiguration[, insb. von der Auswahl der

Höchstgeschwindigkeitsbegrenzung].

II) Die angegebenen Werte sind die ermittelten „NEFZ-CO2-Werte“ i.S.v. Art. 2 Nr. 1 Durchführungsverordnung (EU) 2017/1153. Die Kraftstoffverbrauchswerte wurden auf Basis dieser Werte

errechnet. Der Stromverbrauch wurde auf der Grundlage der VO 692/2008/EG ermittelt. Als Bemessungsgrundlage für die Kraftfahrzeugsteuer kann ein höherer Wert maßgeblich sein. [Die Reichweite

wurde auf der Grundlage der VO 692/2008/EG ermittelt. Als Bemessungsgrundlage nach dem EmoG ist ein anderer Wert maßgeblich.]