Strategic Approach for Electrification June 27, 2019 Creating Tomorrow, Together

Our Freedom of movement drives human progress. Belief

Our To become the world’s most trusted company, Aspiration designing smart vehicles for a smart world.

Passion for Product & Deep Customer Insight Our Plan for Value Creation Winning Propulsion Autonomous Mobility Portfolio Choices Technology Experiences

Fitness Metrics Operating Leverage Growth Build, Partner, Buy EBIT Margin Capital Efficiency ROIC Strong Balance Sheet Cash Flow

Our People Culture & Values Our Strategic Approach For Electrification Focuses On Building A Foundation For Long Term Success

Play To Our Strengths Commercial, Trucks, Utilities, Performance

Building on our iconic nameplates; amplify Build Brand & Credibility attributes our customers love best

Design, volume, manufacturing Leverage Scale & Technology and purchasing power

Develop an ecosystem that makes the Business Model Innovation transitions to BEV lifestyle easier SECRET 3 Fitness Redesign Core Initiatives

Customer Speed & Simplicity Efficiency Centricity Agility Blueprint-enabled Product-driven IT Hours Per Unit Next-generation Yield management demand org. living the reduction manufacturing management desired culture Advertising & Sales Global Capex reduction PD footprint & Promotion Complexity Order-To-Delivery through reuse capacity design rapid prototype Digital marketing Manage complexity optimization Modular architecture Manufacturing & lifecycle footprint Best cost at Job 1 management optimization Collaborative media Complexity optimization governance Freight Full-Network Agile GPDS Sourcing

Smart Redesign

Enterprise Product Line Management

Skill Team Lead: IT Manufacturing Marketing & Sales PD / Purchasing Cross functional SECRET 4 Source: presentation at the Barclays Global Automotive Conference, November 14, 2018 Expected PD Fitness Impact Over 5 Year Plan Period

~$7B 20%+ ~$1B Engineering / Less Time Manufacturing ~$12B Improved PD Cost From Sketch Cost Material Cost Reduction To Showroom Reduction

Fitness Targets Are Embedded In Our Business Plans

5 Source: Ford Motor Company presentation at the JP Morgan Auto Conference, August 8, 2018 Implementing Five Flexible Architectures

Customer Architecture Differentiators Flexible Architectures

Consumer ICE*: RWD / AWD Experience 1 Body-On-Frame Energy

ICE*: FWD / AWD Regulatory 2 Requirements Unibody

ICE*: Commercial 3 Propulsion / Drive Unibody

ICE*: RWD / AWD 4 Unibody

BEV: All drive 5 Body / Frame types Unibody

* BEV capable

Global Architectures Coupled With Modular Designs Support High Product Differentiation While Delivering High Reuse And Scale Savings

6 Source: Ford Motor Company presentation at the JP Morgan Auto Conference, August 8, 2018 We Are Bringing A Number Of Fully Electric Vehicles To Market In The Future

Mustang-inspired BEV SUV Ford Territory BEV with 300 mile range in 2020 for China in 2019

Ford Transit BEV for Europe Ford F-150 BEV Partnership Product

SECRET 7 We Are Deploying World-class Hybrid Technology

Hybrid (HEV) HEV & PHEV Plug-in Hybrid (PHEV)

F-150 Escape / Kuga Aviator Corsair

Police Interceptor Explorer Territory 1-Ton Transit (China) (Europe) High-volume, Profitable Vehicles Like F-150, Explorer And Escape Will Bring Great Capability And Features To Customers

8 Internal Combustion Spending Will Be Re-deployed Into Electrification For Future Demand

Internal Combustion Engine Architectures

17

12

29% Decline

2016 2022

SECRET 9 Source: Ford Motor Company CEO Strategic Update, October 3, 2017 xEV Commodities Make / Buy

PHEV BEV Product Sourcing Product Sourcing

Commodities: Current PHEV Future PHEV Future BEV

• Battery Pack

• Motor /

• Gears /

• Battery Array /

• Battery Cell /

• Power Electronics

In-house Outsource Partner

SECRET 10 Q&A