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Group Financials Divisional Information Outlook Daimler Group Strategy Funding Appendix
Daimler AG Daimler Corporate Presentation / June 2019 / Page 2 Key figures
Unit sales Revenue in thousands of units in billions of euros World premiere of the new CLA Coupe and CLA Shooting Brake
807 774 39.8 39.7 Presentation of the upgraded GLC and GLC Coupe -4% -0%
World premiere of the Vision URBANETIC and the Concept EQV as Q1 2018 Q1 2019 Q1 2018 Q1 2019 response to mobility questions of the future EBIT Net profit in billions of euros in billions of euros Daimler and Geely Holding form global joint venture to develop smart 2.4 3.3 2.1 2.8 Daimler Trucks and Torc Robotics create technology powerhouse -16% -9% for automated trucks
Daimler AG and BMW Group are pooling their mobility services to Q1 2018 Q1 2019 Q1 2018 Q1 2019 create a new global player in the field of urban mobility
Daimler AG Daimler Corporate Presentation / June 2019 / Page 3 High level of net liquidity
Free cash flow industrial business 16.3 -3.2 Q1 2019: minus €2.0 billion
13.1 +0.4 -2.4
-0.0 +0.2 11.3
Net industrial Effects from Net industrial Earnings and Working capital M&A effects Other Net industrial liquidity initial application liquidity other cash flow impact liquidity 12/31/2018 of IFRS 16 1/1/2019 impact 3/31/2019
Daimler AG Daimler Corporate Presentation / June 2019 / Page 4 Net liquidity impacted by initial application of IFRS 16 and higher working capital
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 AG Daimler Corporate Presentation / June 2019 / Page 5 Contents
Group Financials Divisional Information Outlook Daimler Group Strategy Funding Appendix
Daimler AG Daimler Corporate Presentation / June 2019 / Page 6 Mercedes-Benz Cars
Unit sales Revenue EBIT in thousands of units in billions of euros in millions of euros
594 23.0 2,060 555 21.2
1,298 -7% -8% -37%
Q1 2018 Q1 2019 Q1 2018 Q1 2019 Q1 2018 Q1 2019
Daimler AG Daimler Corporate Presentation / June 2019 / Page 7 Mercedes-Benz Cars: sales decrease due to life cycle effects and model changes in thousands of units
594 30 555 5 30 smart 6 Sports Cars 212 179 SUVs
23 17 S-Class 105 104 E-Class
120 111 C-Class
98 109 A-/B-Class
Q1 2018 Q1 2019
Daimler AG Daimler Corporate Presentation / June 2019 / Page 8 Mercedes-Benz Cars: EBIT in million euros
- 762
9.0%*
2,060 Lower unit sales and less favorable model mix Net pricing 6.1%* Foreign exchange rates 1,298 Higher expenses for new technologies and future products
EBIT EBIT Q1 2018 Q1 2019
* Return on sales Daimler AG Daimler Corporate Presentation / June 2019 / Page 9 Mercedes-Benz Vans
Unit sales Revenue EBIT in thousands of units in billions of euros in millions of euros
97.0 3.4 172 93.0 3.1
+4% +9%
-98 Q1 2018 Q1 2019 Q1 2018 Q1 2019 Q1 2018 Q1 2019
Daimler AG Daimler Corporate Presentation / June 2019 / Page 10 Mercedes-Benz Vans: sales increase by 4% mainly due to higher demand for the Sprinter
in thousands of units
97.0 93.0
41.3 49.4 Sprinter
27.0 24.8 Vito
15.7 13.6 V-Class 3.2 3.7 X-Class 5.9 5.5 Citan Q1 2018 Q1 2019
Daimler AG Daimler Corporate Presentation / June 2019 / Page 11 Mercedes-Benz Vans: EBIT in millions of euros
- 270
Higher unit sales 5.6%* Expenses related to the adjustment of production capacities in Argentina and Russia 172 Higher expenses for new technologies and future products Warranty and goodwill costs Foreign exchange rates Governmental proceedings and measures relating to diesel vehicles -98 -2.9%* EBIT EBIT Q1 2018 Q1 2019
* Return on sales Daimler AG Daimler Corporate Presentation / June 2019 / Page 12 Daimler Trucks
Unit sales Revenue EBIT in thousands of units in billions of euros in millions of euros
114 116 9.5 647 8.6 582
+2% +11% -10%
Q1 2018 Q1 2019 Q1 2018 Q1 2019 Q1 2018 Q1 2019
Daimler AG Daimler Corporate Presentation / June 2019 / Page 13 Daimler Trucks: sales increase by 2% mainly driven by NAFTA region in thousands of units
114 116 9 6 Rest of world
34 Asia 38
9 Latin America 9
48 NAFTA region 41
17 19 EU30*
Q1 2018 Q1 2019 * European Union, Switzerland and Norway
Daimler AG Daimler Corporate Presentation / June 2019 / Page 14 Daimler Trucks: significant decrease in incoming orders mainly driven by NAFTA region in thousands of units 184 12
51
8 101 6 Rest of world
39 Asia 89 9 Latin America 27 NAFTA region
24 20 EU30* Q1 2018 Q1 2019 * European Union, Switzerland and Norway
Daimler AG Daimler Corporate Presentation / June 2019 / Page 15 Daimler Trucks: EBIT in millions of euros
- 65
7.5%* Higher unit sales especially in the NAFTA region 6.1%* 647 Foreign exchange rates 582 Higher expenses for new technologies and future products Higher costs, mainly related to raw material and supply chain constraints Valuation of provisions
EBIT EBIT Q1 2018 Q1 2019
* Return on sales Daimler AG Daimler Corporate Presentation / June 2019 / Page 16 Daimler Buses
Unit sales Revenue EBIT in thousands of units in billions of euros in millions of euros
37 5.7 5.5 0.9 0.8
-4% -8%
-21
Q1 2018 Q1 2019 Q1 2018 Q1 2019 Q1 2018 Q1 2019
Daimler AG Daimler Corporate Presentation / June 2019 / Page 17 Daimler Buses: sales decrease by 4% despite higher demand in Brazil and India in thousands of units
5.7 5.5 0.7 1.1 Rest of world 1.2 0.9 Latin America (excl. Brazil and Mexico)
1.9 2.2 Brazil
0.5 0.4 Mexico 1.4 0.9 EU30*
Q1 2018 Q1 2019 * European Union, Switzerland and Norway
Daimler AG Daimler Corporate Presentation / June 2019 / Page 18 Daimler Buses: EBIT in millions of euros
- 58
4.4%*
37 Delivery delays caused by a changed internal certification process for coaches and intercity buses
-21 -2.7%* EBIT EBIT Q1 2018 Q1 2019
* Return on sales Daimler AG Daimler Corporate Presentation / June 2019 / Page 19 Daimler Financial Services
New business Contract volume EBIT in billions of euros in billions of euros in millions of euros
17.9 17.3 154.1 157.4 1,209
-3% +2% 548 +121%
Q1 2018 Q1 2019 12/31/2018 3/31/2019 Q1 2018 Q1 2019
Daimler AG Daimler Corporate Presentation / June 2019 / Page 20 Daimler Financial Services: slight increase in contract volume in billions of euros
154.1 157.4
33.7 35.0 Africa & Asia-Pacific
56.1 57.1 Americas
38.0 38.8 Europe (excl. Germany)
26.2 26.4 Germany
12/31/2018 3/31/2019
Daimler AG Daimler Corporate Presentation / June 2019 / Page 21 Daimler Financial Services: EBIT in millions of euros
+ 661
35.7%*
Merger of mobility services of Daimler and BMW 1,209 Higher contract volume 17.9%* Higher interest-rate level 548 Cost of risk in some markets
EBIT EBIT Q1 2018 Q1 2019
* Return on equity
Daimler AG Daimler Corporate Presentation / June 2019 / Page 22 Contents
Group Financials Divisional Information Outlook Daimler Group Strategy Funding Appendix
Daimler AG Daimler Corporate Presentation / June 2019 / Page 23 Assumptions for automotive markets in 2019
Global around the prior-year level Europe around the prior-year level Car markets USA slight decrease China slight decrease
NAFTA region around the prior-year level Medium- and EU30 around the prior-year level heavy-duty truck Japan* around the prior-year level markets Brazil significant growth Indonesia* stable development
EU30 slight growth in the midsize and large segment Van markets USA around the prior-year level
EU30 slight growth Bus markets Brazil slight growth
* including light-duty trucks
Daimler AG Daimler Corporate Presentation / June 2019 / Page 24 2019 sales outlook
Slightly higher unit sales FurtherSuccess growth based onparticularly attractive inand China innovative model portfolio
Mercedes-Benz Cars Strong momentum from athe dozen wide new range and of upgradedattractive vehiclesand innovative vehicles
SignificantlySlightly higher higher unit salesunit sales SignificantSlight growth growth in NAFTA in NAFTA and EU30region, region, Brazil, increases Indonesia in and Brazil India; and slight India growth in Japan
Daimler Trucks SUnitlight sales decrease around in theEU30 priorregion-year level in Japan, decreases in Turkey and Indonesia
SignificantlySlightly higher higher unit salesunit sales SignificantGrowth in the growth United in EU30States region, and in ChinaEU30 andregion the United States
Mercedes-Benz Vans Additional momentum from newthe new X-Class Sprinter and new Sprinter
Significantly higher unit sales Slight growth in EU30 region, significant growth in India
Daimler Buses Unit sales around the prior-year level in Latin America
Daimler AG Daimler Corporate Presentation / June 2019 / Page 25 2019 outlook for Group EBIT and divisional RoS/RoE
We expect Group EBIT for FY 2019 to be in the magnitude of the previous year.
Return on sales in the range of 6 to 8% Mercedes-Benz Cars
Return on sales in the range of 7 to 9% Daimler Trucks
Return on sales in the range of -2 to -4% Mercedes-Benz Vans
Return on sales in the range of 5 to 7% Daimler Buses
Return on equity in the range of 17 to 19%* Daimler Financial Services
* Including significant one-time valuation and earnings effects from the combination of the mobility services business with BMW Group. Daimler AG Daimler Corporate Presentation / June 2019 / Page 26 Improving future profits to invest in future technologies and sustainably achieve our target margins
Sustainable return to Sustainable achievement of target RoS level target RoS range and exploitation of additional potential
10% 9% 8% over 8% 8% the cycle 7% 6%
Mercedes-Benz Daimler Cars & Vans Trucks & Buses
2019 2021 2019 2021
Daimler AG Daimler Corporate Presentation / June 2019 / Page 27 Contents
Group Financials Divisional Information Outlook Daimler Group Strategy Funding Appendix
Daimler AG Daimler Corporate Presentation / June 2019 / Page 28 Daimler has set the course for a successful future
Profitable CORE business Strategic CASE business
CUSTOMER
COMPANY structure CULTURE change
Daimler AG Daimler Corporate Presentation / June 2019 / Page 29 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. 2030 2039 a transformation within less than 3 product cycles
We want to offer our customers a carbon-neutral driving experience. 2030 2039 50% xEV (BEV & Plug-in) 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 CO2 as an award criteria
52% 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.
building up a comprehensive infrastructure
We drive innovation to bring EV performance up and costs down.
Daimler AG *based on EU electricity mix and a mileage of 200,000 km Daimler Corporate Presentation / June 2019 / Page 30 Investment to remain at a high level as a basis for profitable growth and development of future mobility in billion euros
16.6 16.4 15.5
13.5 Investment in 7.5 7.3 property, plant 11.6 6.7 10.5 and equipment
Research and 8.7 9.1 9.2 development expenditure
Actual Actual Actual Actual Actual Plan 2014 2015 2016 2017 2018 2019/20 (average p.a.)
Daimler AG Daimler Corporate Presentation / June 2019 / Page 31 Mercedes-Benz Cars & Vans
Daimler AG Daimler Corporate Presentation / June 2019 / Page 32 Exciting and promising future ahead of us
CORE Electric
Connected Autonomous
Daimler AG Daimler Corporate Presentation / June 2019 / Page 33 Mercedes-Benz Cars: globally balanced sales structure
in thousands of units
594 555 100 83 Rest of world
166 157 Europe excl. Germany
79 78 Germany 70 64 United States
179 173 China
Q1 2018 Q1 2019
Daimler AG Daimler Corporate Presentation / June 2019 / Page 34 Mercedes-Benz Cars in China: continued strong sales growth with higher share of locally produced vehicles in thousands of units
imported locally produced 678 619 193 488 196
400 171 293 150 485 423 147 173 317 28 250 146 145
2014 2015 2016 2017 2018 2019 YTD 03
Daimler AG Daimler Corporate Presentation / June 2019 / Page 35 Made in China for China: we are producing five car models and three engine models at BBAC
M270 E-Class (V 213)
Rear wheel Rear drive GLC (V253) + As announced in July 2017, a M264 localized BEV model under EQ brand will be produced in BBAC C-Class (V/W 205)
M274 GLA (X156) …
A-Class L Sedan (Z177)
Daimler AG Daimler Corporate Presentation / June 2019 / Page 36 Daimler and Geely Holding form global joint venture to develop smart
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
New smart models planned from 2022 in all- electric product renewal
smart joint venture to meet demand for electrification with production based in China
Daimler AG Daimler Corporate Presentation / June 2019 / Page 37 With vehicle architecture and modular strategy, we aim at being more cost efficient, faster and more flexible Powertrain E/E Chassis Exterior Interior
Daimler AG Daimler Corporate Presentation / June 2019 / Page 38 High degree of modularity of the entire drive train
Daimler AG Daimler Corporate Presentation / June 2019 / Page 39 Development of CO2 emissions
Average CO2-emissions in g/km Mercedes-Benz Cars fleet in Europe
230
173 160 158 150 140 134 129 132
123 123 125 EU
emissions in (g/km)in emissions -
2 Legislation* CO 95
1995 … 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2020
* Target value for average weight of European fleet. Daimler AG Daimler Corporate Presentation / June 2019 / Page 40 Overview CO2 reduction measures
CO2 measures in and on the vehicle CO2 measures ICE powertrain Electrification of powertrain 0%
Aerodynamics Energy recovery 48V-starting system (e.g. ISG)
Efficient high-tech
diesel and gasoline engines Degree
Rolling resistance Eco-Mode, Intelligent Drive PHEV of electrification of
Efficient transmissions
BEV / FCEV 100% Weight Energy efficient operational strategy Efficient ancillary units
Daimler AG Daimler Corporate Presentation / June 2019 / Page 41 Mercedes-Benz Cars and Vans: continued product offensive
2019
B-Class CLA 4-door Coupe CLA Shooting Brake smart (upgraded)
GLE GLC & GLC Coupe EQC GLS GLB (upgraded)
eVito V-Class eSprinter (upgraded)
Daimler AG Daimler Corporate Presentation / June 2019 / Page 42 Mercedes-Benz Cars’ target: remain No.1 premium car brand
Sales target Strategic target In thousand units Return on Sales in %
2,383 8-10% 2,374
2017 2018 2020
Daimler AG Daimler Corporate Presentation / June 2019 / Page 43 Mercedes-Benz Vans’ target: No. 1 provider of holistic transport and mobility solutions
Sales target Strategic target In thousand units Return on Sales in %
421 9% 401 over the cycle
2017 2018 2020
Daimler AG Daimler Corporate Presentation / June 2019 / Page 44 CASE trends leading to fundamental changes in the automotive industry
Daimler AG Daimler Corporate Presentation / June 2019 / Page 45 Successful launch of MBUX in Compact Cars
Touch Controls
Touchscreen
Hey Mercedes Speech Control
Take Rate Take Rate Take Rate On-Board- High End Entry Navigation
Daimler AG Daimler Corporate Presentation / June 2019 / Page 46 Development steps towards fully automated driving
- Currently offered by MB Level 5 & legally permissible - Level 4 Level 3 Full Level 2 High Automation Level 1 Conditional Automation Partial Automation Driver Automation Assistance
Vehicle can perform all Vehicle can perform all Vehicle can perform the dynamic driving tasks dynamic driving tasks More than one control dynamic driving task that can also be Single control functions within a certain use function is automated under certain managed by a human such as speed selection, case. under certain conditions. driver. braking or lane keeping Driver not expected to conditions. Driver expected to No driver needed. are automated. take control. Driver expected to take respond to requests to Driver in charge. care of all remaining take control. aspects of the dynamic Autonomous Driving driving task. + enabler for new & complementary mobility services
Daimler AG Daimler Corporate Presentation / June 2019 / Page 47 In the future - driver controlled and system controlled
Driver controlled System controlled
Safety technologies and automated systems, Automated systems, which drive the vehicle from which are situational activated by the driver the starting point to the destination
Daimler AG Daimler Corporate Presentation / June 2019 / Page 48 To stay ahead of competition, Daimler joined forces with Bosch
+ • Hardware (Sensors, • Vehicles Actuators, ECUs) System • Integration of • Software for HW Sensor Algorithms SW Infrastructure system into the components vehicle line Motion Control Testing
Environment Fusion IT & Process Support
Behavior Generation Vehicle Control Center
Project House with locations in Germany and USA Joint development of AD system Software Goal: complete AD-Kit for Self Driving Car Daimler AG Daimler Corporate Presentation / June 2019 / Page 49 San José will become first pilot testing city for automated MOBILITY SERVICES driving in 2019
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 Corporate Presentation / June 2019 / Page 50 Daimler AG and BMW Group to jointly develop next- generation technologies for automated driving
Scope of cooperation Goal of cooperation
Next generation of technologies for driver assistance systems and • The joint development of a scalable system with series highly automated driving: maturity which may be used equally by both partners. • Driving Functions (NCAP, SAE Level 1 - Level 4 Highway). • Joint procurement for certain components within the • Parking Functions (up to SAE Level 4). system.
Framework for cooperation joint operation
• 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 Daimler Corporate Presentation / June 2019 / Page 51 Vision URBANETIC - Mobility concept for needs-based, efficient and sustainable mobility
Daimler AG Daimler Corporate Presentation / June 2019 / Page 52 EQ - intelligent electromobility. The new product and technology brand represents “emotion and intelligence”.
Daimler AG Daimler Corporate Presentation / June 2019 / Page 53 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 Daimler Corporate Presentation / June 2019 / Page 54 On the road to emission free mobility – Electrification of powertrain portfolio
Plug-In Hybrids
Highly efficient 48 V Performance-Hybrids Battery Electric Vehicles & Technology Fuel Cell Electric Vehicles
Daimler AG Daimler Corporate Presentation / June 2019 / Page 55 EQC* - the first Mercedes of the product- and technology brand EQ 20.8 – 19.7 kWh/100km 0 g/km combined electric combined energy consumption CO2 emissions approx. 40 min. charging 80 kWh time for DC charging of battery capacity 110 kW (80% SOC) (NEDC)
445 - 471 km range (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 range Daimler AG are dependent on the vehicle configuration (in particular on the selection of the maximum speed limit). I) Daimler Corporate Presentation / June 2019 / Page 56 GLC F-CELL* - worldwide first fuel cell vehicle with plug-in- hybrid-technology approx. 0.34kg/100 km 0 g CO2/100 km combined hydrogen combined CO2-emissions consumption 13.7 kWh/100km combined electric 13.5/9.3 kWh energy consumption battery capacity
approx. 430/480 km approx. 3 min. electric range F-CELL/ fueling time hybrid mode
*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 Daimler AG figures are not yet available. Differences between the stated figures and the official figures are possible Daimler Corporate Presentation / June 2019 / Page 57 With eDrive@VANs MB Vans provides holistic solutions for the electric future of the van business
• 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 Daimler Corporate Presentation / June 2019 / Page 58 Ambitious definition of our EV market targets
50% Greater China
25% NAFTA WEU
0% 100% 2 1 3 EV share Mercedes-Benz Cars sales 2025 Highest potential EV share Mercedes-Benz Cars 2025
Daimler AG Daimler Corporate Presentation / June 2019 / Page 59 Highly flexible production for electric vehicles and batteries
Europe
Germany Poland USA France America China Asia Thailand
Location vehicle production
Location battery production
Daimler AG Daimler Corporate Presentation / June 2019 / Page 60 Charging network together with partners improve customer experience Home Work Public
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) Daimler AG Daimler Corporate Presentation / June 2019 / Page 61 Daimler Trucks & Buses
Daimler AG Daimler Corporate Presentation / June 2019 / Page 62 Our answers to master future challenges
CORE Electric
Connected Automated
Daimler AG Daimler Corporate Presentation / June 2019 / Page 63 Daimler Trucks: our strategy
Customer Global Market Focus Presence
Innovation Global Leadership Platforms
Daimler AG Daimler Corporate Presentation / June 2019 / Page 64 Strong brands and strong market positions around the world
#1 NAFTA #1 EU 30 Russia #3 Japan
China
#1 Brazil #4 India
Daimler AG Daimler Corporate Presentation / June 2019 / Page 65 China: we are well prepared to tap into the biggest market
Biggest market Strengthen our market of commercial position by further vehicles. enhancing our product portfolio.
Strong, committed partnership with Foton Market shifting Our Joint venture towards premium BFDA delivers strong segment and sales. Over 100k new technologies. trucks sold in 2018.
Daimler AG Daimler Corporate Presentation / June 2019 / Page 66 Our Mission: make our customers more successful
Best-in-class products Customer experience Services beyond in all regions as differentiator the hardware
Service and Extended Warranty Parts Network & Service Products
Continuous Process Connectivity & Improvement Uptime
Customer-focused End—to-End Support product development & Consulting
Measurable Benefits Ease of Doing Business Trusted Partner
Daimler AG Daimler Corporate Presentation / June 2019 / Page 67 Efficiency: improving our customers’ bottom line
Europe: Mercedes-Benz Actros NAFTA: Freightliner New Cascadia Japan: FUSO Super Great
Fuel reduction up to -3%*on Fuel reduction up to -8%* Fuel reduction up to -15%* motor-ways and up to -5%* Next efficiency step by 2019 Complete efficiency makeover on rural routes *Fuel reductions compared to previous model
Daimler AG Daimler Corporate Presentation / June 2019 / Page 68 Global Platforms: leveraging our global scale in technology & cost
EU LA China
Heavy-duty engines
Medium-duty engines Transmissions
Chassis
Electric/ ECU1 ECU2
Electronic ECU3 Cab architecture
Daimler AG Daimler Corporate Presentation / June 2019 / Page 69 Global platforms are a great competitive advantage – they achieve several goals at the same time:
Speed of Innovation Economies of Scale R&D Efficiency
Sideguard HDEP FE1 Assist ABA4 MDEG Pedestrian NAFTA & Jp
Global platforms enable Global platforms can secure pass-car- Common base development in an fast rollout of innovations like volumes. efficient R&D network.
Daimler AG Daimler Corporate Presentation / June 2019 / Page 70 Daimler Trucks - sticking to our target: leader in the truck industry
Sales target Strategic target In thousand units Return on Sales in %
517 8% 471 over the cycle
2017 2018 2020
Daimler AG Daimler Corporate Presentation / June 2019 / Page 71 Target: leading in the bus industry
Daimler AG Daimler Corporate Presentation / June 2019 / Page 72 Daimler Bus's target: No. 1 in the global bus business
Sales target Strategic target In thousand units Return on Sales in %
30.9 6% 28.7 over the cycle
2017 2018 2020
Daimler AG Daimler Corporate Presentation / June 2019 / Page 73 Our invest in future technologies @ DT
Avg. R&D investment Investment in Automated Driving (Level 4) (2019 & 2020)
~ 1.4 bn € > 500 mn €
Daimler AG Daimler Corporate Presentation / June 2019 / Page 74 We make a lot of progress in future technologies
Connected Electric Automated
Gain Headline
Gain Knowledge
MB Uptime Gain Business
Active Safety
Daimler AG Daimler Corporate Presentation / June 2019 / Page 75 Connectivity: today our trucks are online in every region* with real benefits for our customers and ourselves internally
One common global backbone
Real customer benefit optimizing Uptime
Big Data Analytics as basis to further optimize our products
Mercedes-Benz Uptime
Daimler AG * Provided internet availability. Daimler Corporate Presentation / June 2019 / Page 76 After introducing the New Actros in Europe, we have also launched Level 2 series trucks in the US.
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.
• ….
Daimler AG Daimler Corporate Presentation / June 2019 / Page 77 We are working on all aspects of automated trucking
Driving Dynamic Modelling HD Localization / Interactive Connected Deep Learning/ Truck Maps Artificial Intelligence (online) Learning from examples Environment Perception Sensor Fusion
Software In-vehicle computing power Connectivity & IT Backend Operations Sensors Vehicle & Trailer Radar, Camera, LIDAR, Ultra Sonic
Fail Operational Design/ Customer Legal & Redundancy Homologation Powernet, Steering, Braking, Sensors
Daimler AG Daimler Corporate Presentation / June 2019 / Page 78 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
• 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 / June 2019 / Page 79 TheThe road road map map towards towards the the fully fully automated automated truck LEVEL Full automation truck 5 LEVEL High 4automation
LEVEL Conditional 3automation
LEVEL Partial 2automation
LEVEL Function-specific 1automation LEVEL 0 Driver Daimler AG Daimler Corporate Presentation / June 2019 / Page 80 Electric: we have been the pioneers for many years
2014-2017: 09/2016: 09/2017: 11/2017: 06/2018: 12/2018 FUSO eCanter Mercedes-Benz eActros prototype, FUSO eCanter World premiere of Thomas Presentation of Freightliner First handover of eM2 fleet tests in Europe FUSO eCanter in new design market launch Built Buses Jouley eCascadia and eM2 to customers
09/2010: 07/2016: 07/2017: 10/2017: 02/2018: 09/2018: First prototype Mercedes-Benz eActros Start of production New brand E-FUSO Presentation of First handover of of FUSO eCanter technology concept FUSO eCanter and heavy-duty Mercedes-Benz Mercedes-Benz eActros e-truck Vision One eActros to customers
Daimler AG Daimler Corporate Presentation / June 2019 / Page 81 Locally emission-free and quiet: our battery-powered commercial vehicles for urban areas.
Mercedes-Benz FUSO Thomas Built Buses eActros, eCitaro eCanter Saf-T-Liner® eC2 eCascadia & eM2
2018: Customer Fleet Test 2014: Innovation fleet 2017: World premiere 2016/18: World premiere 2018: Market introduction 2017: Market introduction 2018: Innovation fleet 2018/19: Innovation fleet 2019: Large series End of decade: Large series 2019: Small series 2021: Market introduction
Daimler AG Daimler Corporate Presentation / June 2019 / Page 82 Daimler Financial Services
Daimler AG Daimler Corporate Presentation / June 2019 / Page 83 Daimler Mobility – We move you
Daimler Mobility
Daimler AG Daimler Corporate Presentation / June 2019 / Page 84 We finance nearly every second vehicle sold by Daimler
Penetration rates per vehicle segment Global penetration rate DFS in Q1 2019 57% 43% 41% 21% ~50%
Daimler AG Daimler Corporate Presentation / June 2019 / Page 85 We operate in over 40 countries and we have successfully grown our portfolio over the years
7.8 % CAGR Wholesale
154 157 140 133 Loan
117 Lease
99 Others 80 84 Trucks 72 62 71 72 Portfolio 64 Buses (in bn €) 58 48 38 41 Vans Acquisitions 34 (in bn €) 29 Passengers Cars
2010 2011 2012 2013 2014 2015 2016 2017 2018 Q1 2019
Daimler AG Daimler Corporate Presentation / June 2019 / Page 86 Daimler Financial Services: net credit losses* at low level due to disciplined risk approach
0.89% 0.83%
0.69% 0.68% 0.61% 0.50% 0.51% 0.36% 0.43% 0.34% 0.37% 0.31% 0.31% 0.26% 0.24% 0.21% 0.17%
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 YTD
* as a percentage of portfolio, subject to credit risk
Daimler AG Daimler Corporate Presentation / June 2019 / Page 87 Daimler Financial Services’ target: best financial and mobility services provider
Portfolio target Strategic target in billions of EUR Return on Equity in %
154.1 17% 139.9 over the cycle
2017 2018 2020
Daimler AG Daimler Corporate Presentation / June 2019 / Page 88 is a showcase example for digital financing
Daimler investment rationale behind AutoGravity engagement
Lead the digitization of the industry by launching disruptive approach towards automotive financing
Provide outstanding customer experiences by offering first-of-its-kind comparison app for vehicle shopping and financing
TOP FACTS AUTOGRAVITY Q1 2019 Build additional asset-light revenue sources by building commission-based platform business
• More than 3.0 million users • Top-ranked Android & Apple app Maintain customer contact and enable growth • Over $4.5 bn in total finance requests While relieving Daimler balance sheet via third party financing since launch
Daimler AG Daimler Corporate Presentation / June 2019 / Page 89 Increasingly more urban customers prefer to consume mobility as a service
BUYING CONSUMING Mobility as a product Mobility as a service Enabler Finance and Lease Enabler Finance and Lease
Generate New Revenue by entering a three-digit billion USD market
5.3mn 5.0mn 0.4mn 0.4mn Extend Daimler Ecosystem by offering one-stop shopping Financed or Insurance Vehicles in Banking Leased Policies Fleet Customers Vehicles Management Prepare For The Future by building customer base and skills
Q1 2019 Grow Customer Base by addressing their finance & mobility needs
Daimler AG Daimler Corporate Presentation / June 2019 / Page 90 Daimler and BMW are joining forces: creating one of the leading providers of urban mobility
31 million Mobility joint ventures with BMW Daimler mobility service customers including ride hailing, car sharing, parking, at the end of 2018 on-demand multimodal mobility and charging
Daimler AG Daimler Corporate Presentation / June 2019 / Page 91 YOUR NOW Joint Ventures The Mobility Powerhouse
Q1 2019
Interactions in millions 124.2 9.2 53.2 7.7 54.1* 0.06
Customers** in millions >66 >4 24.4 6.7 30.9* 0.02
Cities** >1,200 30 >110 20 >1,200* n/a
GMV RR*** in bn € 3.2*
* 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 Daimler AG Daimler Corporate Presentation / June 2019 / Page 92 SHARE NOW is the global market leader in free-floating car sharing
30cities in13 countries Q1 2019 Highlights - Start of Paris as a new location with 400 fully electric smart million rentals fortwo vehicles. 9.2 in Q1 2019 - Introduction of deep-linking on Day One of the Joint Venture: Customers can see all cars in both – the car2go and the 4+million customers DriveNow apps.
Daimler AG Daimler Corporate Presentation / June 2019 / Page 93 FREE NOW ride-hailing and micromobility
24+ million 53 million tours customers
500,000 drivers
Launch in Mexico City: Rebrand Chauffeur Launch in Palermo Rebranding Clever European market most successful Privé => Kapten and 6 more Taxi => Clever; introduction: Paris, launch ever Launch in Geneva European cities Entering the PHV Warsaw and Athens market in Romania
Daimler AG Daimler Corporate Presentation / June 2019 / Page 94 REACH NOW creating a global Mobility-as-a-service platform
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 Daimler Corporate Presentation / June 2019 / Page 95 PARK NOW one of the leading digital parking providers in Europe and North America
million million transactions* 31 54 in Q1 2019 customers • PARK NOW available for mobile parking payment in Zürich since April 1st, 2019 1,200+ cities ~7 Transactions • Europe: March 2019 highest number of every second 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.
Daimler AG *ParkNow U.S. entity March 2019 figure estimated. Daimler Corporate Presentation / June 2019 / Page 96 CHARGE NOW already providing access to the largest charging network in Europe and beyond
110,000+charge 60,000 interactions points in Q1 2019
• Go-live of an additional charging Integrated customers 250+ 20,000 service solution in Germany charge point • New app features: voice control and operators route planning
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 Daimler Corporate Presentation / June 2019 / Page 97 Our Mobility Services portfolio is a strong starting point to conquer the customer interface
Cooperation Autonomous Daimler Payment Developments in Q1 2019 Management Services Solutions 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 Urban Mobility Portfolio Digital Mobility ride-hailing joint venture in China. The Concepts Management Solutions 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. Bolt Flixbus TURO Via Blacklane verimi Mpay
Daimler AG Daimler Corporate Presentation / June 2019 / Page 98 Self-driving technology will likely increase the demand for shared mobility services Self-driving car services are expected to ... Leading to a reinforcing cycle of mobility services
…Deliver a unique customer experience Prices will Customer demand decrease due to will increase due to …Enhance traffic safety higher fleet higher attractiveness utilization FUTURE …Improve quality of life in cities SELF- DRIVING …Provide a huge market opportunity CAR SERVICES
Increasing need for self-driving car services
Daimler AG Daimler Corporate Presentation / June 2019 / Page 99 Daimler Group Strategy Culture
Daimler AG Daimler Corporate Presentation / June 2019 / Page 100 Transforming the Mindset
Daimler AG Daimler Corporate Presentation / June 2019 / Page 101 we are investing in the future* C A S E
**
***
* Not all investments have been disclosed. ** Subject to approval by authorities. *** Subject to closing. Daimler AG Daimler Corporate Presentation / June 2019 / Page 102 Daimler Group Strategy Company
Daimler AG Daimler Corporate Presentation / June 2019 / Page 103 We expect PROJECT FUTURE to create a strong family of companies with three legally independent divisions
In the future, the Daimler Group will consist of three legally independent entities DAIMLER AG and Daimler AG as the parent Strategy, guidance and services company. ~2,400 employees in governance functions ~3,600 employees in business services functions worldwide 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 MERCEDES-BENZ AG DAIMLER MOBILITY AG Cars & Vans Mobility and financial services impact of a global corporation. ~175,000 employees worldwide1 ~13,000 employees worldwide1
DAIMLER TRUCK AG 1) Number of employees in all companies allocated to the respective division Trucks & Buses ~100,000 employees worldwide1 Daimler AG Daimler Corporate Presentation / June 2019 / Page 104 Our new structure is expected to lead to significant benefits for Daimler
Sharpen Strengthen Ensure Winning Increasing focus entrepreneurial synergies innovation attractiveness action partners on the capital market
Daimler AG Daimler Corporate Presentation / June 2019 / Page 105 What does the new structure mean for Daimler employees?
Planned structure
Current structure DAIMLER AG ~6,000
DAIMLER AG ~136,000 MERCEDES- DAIMLER BENZ AG MOBILITY AG
DAIMLER TRUCK AG
DAIMLER FINANCIAL SERVICES AG
1) Figures only include employees that are subject to transfer of establishments
Daimler AG Daimler Corporate Presentation / June 2019 / Page 106 The hive-down approved by our shareholders at the Annual General Meeting will become effective in Q4 2019
MB AG DT AG
DAG
DM AG
2018-2019 22.05.2019 November 2019
Start New PROJECT DAIMLER FUTURE structure
Daimler AG Daimler Corporate Presentation / June 2019 / Page 107 Contents
Group Financials Divisional Information Outlook Daimler Group Strategy Funding Appendix
Daimler AG Daimler Corporate Presentation / June 2019 / Page 108 Daimler follows a prudent Financial Policy
Clear commitment to a single A rating
Balanced approach between shareholder interest and credit providers
Dividend policy of 40% target pay-out ratio*
No share buybacks planned
Pensions: current funded ratio at 79%
*Based on net profit attributable to shareholders of Daimler AG.
Daimler AG Daimler Corporate Presentation / June 2019 / Page 109 Our funding strategy is built on prudent principles
No dependence from single markets, instruments, banks or investors Targeting Financial Diversification of funding sources and instruments: Bank Loans, Bonds, ABS, CP, Deposits Independence No Covenants, no MAC, no asset pledges, no CSAs
Maximizing Keeping prudent amount of Cash and Committed Credit Facility Financial New markets funded via global and local banks first Flexibility Early capital market funding to save credit capacity in growth regions
Liquidity matched funding Stringent Global Interest rate matched funding Funding Policy Currency matched funding Country matched funding
Daimler AG Daimler Corporate Presentation / June 2019 / Page 110 Project Future – Financial Principles for “One Credit”
Liquidity Centralized steering of Group liquidity Management Centralized steering of group funding supported by written guarantees
Rating Group Funding Centralized management of the impact of market fluctuations (FX, Interest, Commodities, Pension Assets)
DPLTAs* guarantee access to all operating cash flows
Market Price DPLTA* Risk Strong commitment to maintain Daimler’s strong credit Management profile
* DPLTA: Domination and Profit & Loss Transfer Agreement
Daimler AG Daimler Corporate Presentation / June 2019 / Page 111 Daimler pension funded ratio increased to 79% since 2010
14 11.5 12 9.8 10 8.6 7.8 bn 8 7.4 6.9 6.2 6 4.5 in EURin 3.4 3.7 4 3.1 2.4 Significant contributions of EUR 2.2 2.0 1.9 2 1.1 0.7 0.3 0.5 0.0 15.9bn since 2010 support the solid 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 Q1 2019 capital structure Pension Provision Daimler Group Contributions
+16% 90 86% 8 80% 79% 80 73% 75% 7 70 66% 63% 63% 62% 59% 6 Even though German Discount Rate 60 50 5 decreased significantly since 2010, 5.00% 40 4.70% 3.40% 4 Funded Ratio increased by 16% 3.10% 30 2.60% 3 20 1.80% 1.90% 1.90% 1.80% 10 1.45% 2 0 1 2010 2011 2012 2013 2014 2015 2016 2017 2018 Q1 2019 Discount Rate Daimler AG (in %) Funded Ratio Daimler Group (in %)
Daimler AG Daimler Corporate Presentation / June 2019 / Page 112 Daimler follows a prudent financial management approach and further strengthened the balance sheet…
Gross Group Liquidity (in bn EUR) Net Industrial Liquidity (in bn EUR)
Financial Services Industrial Business
26.7 25.4 3.4 19.7 21.7 22.1 4.3 18.6 16.6 16.3 18.2 3.5 3.7 2.8 11.3
23.3 21.2 18.2 18.4 15.4
2015 2016 2017 2018 Q1 2019 2015 2016 2017 2018 Q1 2019
Note: Figures may not be additive due to rounding.
Daimler AG Daimler Corporate Presentation / June 2019 / Page 113 Financing Liabilities with a balanced mix in billions of EUR Fin. Lease (IFRS 16) Acc. Deposits Other (ex Fin. Lease) Bank Loans Com. Paper Bonds ABS
154.9 145.0 0.0 4.0 2.0 12.6 1.6 127.4 0.0 12.5 2.8 2.3 0.0 11.9 117.6 2.0 11.8 1.0 11.0 1.0 100.6 0.0 10.6 1.7 11.5 39.9 1.5 11.6 39.4 7.4 3.0 10.5 34.6 29.7 27.3
76.6 82.8 63.0 67.3 50.8
2015 2016 2017 2018 Q1 2019
Note: Figures may not be additive due to rounding. Daimler AG Daimler Corporate Presentation / June 2019 / Page 114 Consequent Development to Global Capital Market Funding Diversification will continue
Canada EMTN Domestic Bonds Euro Market ABS Korea CP EMTN Program Italian domestic Domestic Bond Prog. EUR CP Program ABS China USA Japan Domestic Bonds 144a / RegS PP Turkey ABS Domestic Bonds CP Domestic Bonds EMTN ABS EMTN Thailand Mexico India Domestic Bond Prog. Domestic Issuance Prog. Domestic Bonds Domestic CP Malaysia Domestic Bond Prog. Brazil Letras Financeiras
Australia South Africa Domestic Debt EMTN Argentina Issuance Prog. Domestic CP Prog. ABS Domestic Debt Issuance Prog.
Daimler AG Daimler Corporate Presentation / June 2019 / Page 115 Funding base further diversified to a true global set-up
in billions of EUR 154,9 3% 8% 1% 1% 8%
26% Currency Volume % EUR 35,6 43% USD 29,8 36% CNY 4,0 5% GBP 3,8 5% Fin. Lease (IFRS 16) 0% CAD 3,1 4% Other 57,3 2% Currency Volume % ZAR 1,9 2% Com. Paper 0% EUR 19,5 66% 22% KRW 0,7 1% ABS 2% USD 7,8 27% 53% AUD 0,7 1% Acc. Deposits ZAR 0,8 3% 23% MXN 0,6 1% JPY 0,6 2% Bank Loans JPY 0,6 1% GBP 0,3 1% CHF 0,4 0% Bonds 51% CHF 0,2 1% Other (NOK, THB 1,3 2% Other (AUD, 0,2 1% INR, HKD, BRL, MXN, ARS) NZD) Q4 2009 Total 29 Q1 2019 Total 83 Currencies 9 Currencies 19
Note: Figures may not be additive due to rounding.
Daimler AG Daimler Corporate Presentation / June 2019 / Page 116 Maturity profile further lengthened in billions of EUR as of 31 March 2019
17.8 0.2 16.7 Issued in 2019 0.4 Maturities 13.5
8.5 17.6 16.3 2.3 5.7 5.0 1.5 0.9 3.7 6.2 2.0 2.2 2.0 1.9 2.1 4.2 4.2 1.3 1.0 0.4 0.8 0.2 1.0 1.5 1.3 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2037
Daimler AG Daimler Corporate Presentation / June 2019 / Page 117 Solid rating supports Daimler‘s funding
Current ratings: S&P: A stable A-1
Moody’s: A2 stable P-1
Fitch: A- stable F2
DBRS: A stable R-1 (low)
Scope: A stable S-1
Daimler target: Sustaining the A rating at all rating agencies
Daimler AG Daimler Corporate Presentation / June 2019 / Page 118 Contents
Group Financials Divisional Information Outlook Daimler Group Strategy Funding Appendix
Daimler AG Daimler Corporate Presentation / June 2019 / Page 119 Initial application of IFRS 16
(former) IAS 17 IFRS 16
FINANCE LEASE OPERATING LEASE Lease . Recognition of leased asset and . No recognition of leased asset . Recognition of a right-of-use liability or liability Changes (“RoU”) asset and a lease liability . Depreciation of leased asset . Recognition of operating lease . Straight-line depreciation of RoU . Apportionment of lease expenses asset payments between interest . Interest expense on liability expense and reduction of (effective interest method, liability “frontloading of expense”)
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).
Daimler AG Daimler Corporate Presentation / June 2019 / Page 120 Key balance sheet and financial figures in billions of euros
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 Daimler Corporate Presentation / June 2019 / Page 121 Units sales by division
in thousand units Q1 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 Daimler Corporate Presentation / June 2019 / Page 122 Revenue by division
in billion euros Q1 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 Daimler Corporate Presentation / June 2019 / Page 123 Revenue by region
in billion euros Q1 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
* excluding revenue of not fully consolidated companies Daimler AG Daimler Corporate Presentation / June 2019 / Page 124 EBIT by division
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 –
* Return on sales for automotive business, return on equity for Daimler Financial Services; Daimler Group excluding Daimler Financial Services Daimler AG Daimler Corporate Presentation / June 2019 / Page 125 Group EBIT in Q1 2019 in million euros
3,335 -637
+718 2,802 -77 -441 • Cars -792 • Cars -143 • Trucks +151 • Trucks +77 -57 • Vans +31 -39 • Vans -24 • Buses -27 • Buses +13 • Cars +173 • Trucks -293 • DFS: Merger of • Vans -277 mobility services • Buses -44 of Daimler and BMW +718
Actual Volume/ Foreign Other cost Financial Reconciliation Disclosed Actual Q1 2018 Structure/ exchange changes Services items Q1 2019 Net pricing rates
Daimler AG Daimler Corporate Presentation / June 2019 / Page 126 Capital expenditure / Research and development
in billion euros Investment in property, plant Research and development and equipment expenditure Actual Actual Plan* Actual Actual Plan* 2017 2018 2019-2020 2017 2018 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.
Daimler AG Daimler Corporate Presentation / June 2019 / Page 127 Daimler Investor Relations Events Q2-2019
Apr 29 2019 CFO Roadshow Frankfurt
Apr 30 2019 CFO Roadshow London
May 7-8 2019 IR Roadshow New York/Boston
May 10 2019 Treasury/IR Roadshow Munich
May 27 2019 Treasury/IR Roadshow Frankfurt
June 6 2019 CEO/CFO Meetings Stuttgart
June 6 2019 UniCredit Automotive Credit Conference London
June 7 2019 dbAccess Berlin Conference Berlin
June 11 2019 J.P. Morgan European Automotive Conference London
For latest dates please see https://www.daimler.com/investors/events/roadshows/
Daimler AG Daimler Corporate Presentation / June 2019 / Page 128 Daimler Investor Relations Financial Calendar 2019
Feb 06 2019 Annual Press Conference 2019 / Full Year Results 2018
Feb 07 2019 Investor and Analyst Conference
Feb 15 2019 Annual Report 2018 online available
Apr 26 2019 Interim Report 1st Quarter 2019
May 22 2019 Annual Meeting 2019
Jul 24 2019 Interim Report 2nd Quarter 2019
Oct 24 2019 Interim Report 3rd Quarter 2019
For latest dates please see https://www.daimler.com/investors/events/financial-calendar/
Daimler AG Daimler Corporate Presentation / June 2019 / Page 129 Disclaimer
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.]
Daimler AG Daimler Corporate Presentation / June 2019 / Page 130