Daimler Truck : Fixed Income Roadshow Presentation June 2024

FIXED INCOME ROADSHOW PRESENTATION

June 2024

ISIN: DE 000 DTR0CK8	Bloomberg Ticker: DTG:GR	Level I ADR Program
WKN: DTR0CK	Reuters Ticker: DTGGe.DE	ISIN: US23384L1017

OUR PURPOSE: FOR ALL WHO KEEP THE WORLD MOVING

We keep our heritage and lay the foundations for the future

2025 2030

TRUCKS WILL REMAIN THE BACKBONE OF OUR ECONOMY

WE ARE THE VOICE OF OUR INDUSTRY

WE DRIVE THE TRANSFORMATION WITH GREAT ZEV PRODUCTS WE SUPPORT OUR CUSTOMERS WITH THE RIGHT SOLUTIONS

Daimler Truck Group | Fixed Income Roadshow Presentation | June 2024

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TRANSPORT IS THE BACKBONE OF OUR ECONOMY AND SOCIETY

Trucking remains a growth industry as global economy transitions to lower carbon

▸ Global transport volume has grown over the past

CORE TRUCK MARKETS TO STAY ON A HIGH LEVEL, INDIA WITH SIGNIFICANT GROWTH POTENTIAL

	years and will continue to grow ~2% p.a.
▸	Road transportation remains number one for
	long-haul and last mile distribution
▸	Truck industry has high barriers to entry - we
	benefit from our close customer relationship,
	our dealer network and broad portfolio

WE ARE WELL POSITIONED AS ONE OF THE WORLD'S LARGEST COMMERCIAL VEHICLE MANUFACTURERS

North America

(Cl. 6-8)

+10%

2025

2030

EU 30

(HDT/MDT)

+10%

2025

2030

India

(HDT/upper MDT)

+70%

2025

2030

Daimler Truck Group | Fixed Income Roadshow Presentation | June 2024

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HOW WE WIN

We build our foundations on strong strategic pillars & a high-performance culture

#1		#2		#3
PROFITABILITY		SERVICES		ZEV
Implementation		Build recurring revenue		Leverage our scale
of our self-help		streams, increase		with global platforms
measures to increase		resilience and customer		for ICE and ZEV
resilience		lifetime value

#4		#5		#6
HEAVY-DUTY		AUTONOMOUS		ESG
Focus on heavy-duty		Bring autonomous		ESG framework
segment to increase		trucks on the road to		drives sustainability
profitability		enter high-margin		transformation
		business

Daimler Truck Group | Fixed Income Roadshow Presentation | June 2024

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DAIMLER TRUCK GLOBAL LEADERSHIP

Platform, powertrain and system commonality

	Sales	Revenue	EBIT adjusted
	in Units	in million €	in million €
1	+1%	+10%	+39%
		55,890	5,489
	526,053	50,945
	520,291
			3,959
		2022	2023

GLOBAL LEADER2

#1

NORTH AMERICA

Class 6-8

#1

EU-303

MDT/HDT

#3

JAPAN

Trucks Total

#2

BRAZIL

MDT/HDT

#1

EU-30

Buses >8t

1 China: Auman and Mercedes-Benz trucks produced in Joint Venture with Foton for Chinese market

2 FY 2023. Source: Company estimate. 3 Brand View

Daimler Truck Group | Fixed Income Roadshow Presentation | June 2024

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DAIMLER TRUCK NORTH AMERICA: FROM STRONG TO STRONGER

On-highway business presents a very clear framework for vocational success

LEADING POSITION… 1

40% Market share2

#1 On-highway large/mega fleets

#1 On-highway

small fleets

#2 Vocational

Detroit, MI

Portland, OR

High Point, NC

Ft. Mill, SC

Gaffney, SC

…STRONG FOUNDATIONS…

1M+	Uncompromised
CASCADIAS BUILT3	customer focus
~39%	Industrial-leading
IMPROVED FUEL	updated technology
EFFICIENCY2
11,000+	World-class
SERVICE BAYS	dealer network

North

Carolina

South

Carolina

….RIGHT PRODUCT PORTFOLIO

On-highway

large/mega fleets

On-highway small fleets

Off-highway

vocational

Corporate HQ

Business Unit

Manufacturing Plants

Parts Distribution Centers

1 For the year 2023 (US/CAN Class 8) . 2 Class 8. 3 Since launch in 2007. Source: Company estimate

Daimler Truck Group | Fixed Income Roadshow Presentation | June 2024

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MERCEDES-BENZ: REBUILDING PROFITABILITY

Strong market position in key markets and strong product portfolio

STRONG MARKET POSITION ACROSS REGIONS …		… AND PRODUCT PORTFOLIO

KEY MARKETS	Brazil	EU 30
		23% market share1	20% market share1
	#2 BRAND BRAZIL1			#1 BRAND EU-301

Finland

Kassel

HEAVY DUTY TRUCKS

MannheimWörth

Gaggenau Stuttgart

Säo Bernardo

Molsheim

Istanbul

Aksaray

Saudi Arabia
Kenya	Malaysia
Juiz de Fora
South Africa

MEDIUM DUTY TRUCKS

SPECIAL TRUCKS

MB Truck Operations Powertrain Operations R&D Location CKD - Completely Knocked Down Manufacturing

1 MDT/HDT; for the year 2023 Source: Company estimate.

Daimler Truck Group | Fixed Income Roadshow Presentation | June 2024

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DAIMLER TRUCK ASIA: OPPORTUNITY AND GROWTH

Leveraging true Asian footprint and Daimler Truck technology

LEADING POSITION… 1		…STRONG FOUNDATIONS…
Top 3	Japan		Renowned and true
	local brands
# 1
Indonesia		Balance of markets
12%	China		Proven recurring
Market share of JV BFDA		service business model

	Portugal	Japan
		China (JV)
HQ or Subsidiary		India

MFTBC Joint Venture

KD/License Production

JV Beijing Foton Daimler Automotive

….LOCALIZED FULL PORTFOLIO

HEAVY DUTY

TRUCKS

MEDIUM DUTY

TRUCKS

LIGHT DUTY

TRUCKS

BUS

1 For the year 2023; Source: HIS Markit, Company estimate.

Daimler Truck Group | Fixed Income Roadshow Presentation | June 2024

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DAIMLER BUSES: GLOBAL MARKET LEADER

#1 in all core markets through intense customer focus

# 1 IN OUR KEY MARKETS

EU 30	BRAZIL	MEXICO	FULL LINE
20% market share1	55% market share1	41% market share1
			SUPPLIER WITH

STRONG LOCAL PRODUCTION FOOTPRINT	GLOBAL SERVICE
NETWORK

• Direct sales, service and spare parts - from one single customer touchpoint
• Covering all segments in the global bus market

IntegralChassis

Mexico

Daimler Buses Mexico

Germany

France

Spain

Czech Republic

EvoBus / Bus Europe

Turkey

Mercedes-Benz

Türk A.Ş.

Coach City Interurban

	Mercedes-Benz and Setra
	OmniPlus and BusStore

Brazil	STRONG BRANDS
Daimler Buses
AND
Latin America
Argentina	TECHNOLOGIES
	Manufacturing Plants

 Pioneer in Safety and Assistance Systems
	Only CO2-neutral city busses on offer in Europe
	by 2030
	By 2039 only CO2-neutral new vehicles to be offered
	in the core European market

1 For the year 2023; Source: Company estimate;Buses >8t; Markets as defined for the purpose of	Daimler Truck Group | Fixed Income Roadshow Presentation | June 2024	9
this presentation are not in line with markets defined for the purpose of competition laws.

DAIMLER TRUCK FINANCIAL SERVICES IS SCALING UP

DTFS live in 17 markets and continues its profitable growth

Phase 1

Phase 2

Foundation Phase

Contract Volume

Penetration Rate

'21

'22

'23

'24

'25

in billion Euro

in %

Dec

Apr

Aug

Oct

Nov

Mar

Jan

*

Early

30

28

25

Ø 22

18

North	Europe &	Asia
America	South
	America

Portfolio by product		Portfolio by region			NCL & CoCR
	in %						in %					NCL		CoCR
		Europe &							COVID-19		Ukraine
			Lease
															pandemic	1.32%	crisis
Wholesale				South America
		6%
	25%								28%					0.65%	0.68%	0.44%		0.43%	0.82%	0.52%	0.66%	0.48%	0.55%
													61%
									11%								0.59%	0.29%
				68%
						Asia		North America		0.29%	0.27%	0.21%	0.35%		0.49%	0.27%	0.34%	0.46%
																			2016	2017	2018	2019	2020	2021	2022	2023	Mar 2024
Actuals as of March 2024	* Partnership with Raiffeisen Leasing							Daimler Truck Group | Fixed Income Roadshow Presentation | June 2024	10