Ford Mtr Co Del · NYSE:F
Ford Mtr Co Del — Ford Motor — Corporate Update (September 2023)
12 slides from Ford Mtr Co Del's corporate update, Sep 29, 2023
Slide 1: Ford and the UAW: Our Collective Future is at Stake
Ford and the UAW: Our Collective Future is at Stake
Slide 2: Ford presenters
, Jim Farley John Lawler Kumar Galhotra President and CEO Chief Financial Officer President, Ford Blue Bryce Currie Liz Door Vice President, Americas Chief Supply Chain Officer Manufacturing & Labor Affairs, Ford Blue
Slide 3: Gord
Gord
Slide 4: Ford is America's automaker
Ford is America’s automaker Ford assembles more vehicles in America and employs more UAW-represented hourly workers than any other automaker
Slide 5: Ford is the only automaker to add UAW jobs since 2007
Ford is the only automaker to add UAW jobs since 2007 J -4,200 STELLANTIS -28,000 GM 1
Slide 6: We exceeded our commitments in our last three UAW contracts
We exceeded our commitments in our last three UAW contracts Jobs Investments 16,000 $12 $10 $8 $6 $9 billion 12,000 ‘committed enti Renee “ $6 billion $6 billion 8,500 8,500 commited coin rites pe ernie eee panne lene $2 $0 2019 (in billions) 2011 Note: This data reflects UAW-represented jobs and fa
Slide 7: Slide 7
Slide 8: Protecting employees from inflation
Protecting employees from inflation Existing Contract Q4 2019 to Q3 2023 Next Contract Ford's Offer Average Ford-UAW employee Inflation ° Average Ford-UAW employee Expected Inflation wages and bonuses 20.5% cumulative wages and bonuses 10% cumulative Note: a/ CPI-W excluding medical care
Slide 9: Ford's Historic Offer
Ford's Historic Offer SON SS << Boosted UAW wages more than 20% Restored traditional Cost of Living Allowances Provided health care coverage that’s in the top 1% Eliminated wage tiers Bolstered already strong retirement contributions Granted more time off Made product commitments for all UAW plants
Slide 10: Wages and bonuses, health care, 401(k) benefits
Wages and bonuses Top 30% of all full-time workers in America, hourly or salaried Health care Top 1% of all employer-sponsored plans 401(k) Only 5% of employers - including Ford - do not require employee contributions to receive the full benefit provided by the company Funding for health care in ret
Slide 11: Historic gains for Ford workers?
Historic gains for Ford workers? No problem. Record contract? No problem. Mortgage Ford's / UAW's collective future? Big problem.
Slide 12: Cautionary Note on Forward-Looking Statements
Cautionary Note on Forward-Looking Statements Statements included or incorporated by reference herein may constitute “forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on expectations, forecasts, and assumptio