Slide 1: Capital Market Presentation Q2 2021
Daimler Internal Capital Market Presentation Q2 2021 Daimler AG Daimler AG 1
Slide 2: Daimler: Key messages
Daimler Internal Daimler: Key messages ▸ Good earnings momentum in all businesses. Strong results show improved resilience ▸ Comfortable level of Net Industrial Liquidity and Free Cash Flow supporting financial flexibility ▸ Continued strategy execution, ramp-up of EV portfolio in all divisions ▸ Pr
Slide 3: Review Q2/21
Daimler Internal Review Q2/21 Daimler AG 3
Slide 4: Mercedes-Benz Cars: Highlights
Daimler Internal Mercedes-Benz Cars: Highlights ▸ Mercedes-Benz: 511,000 cars sold (wholesale), new sales record in China, order intake on high level driven by new S-Class ▸ Sales significantly influenced by ongoing semiconductor shortages ▸ Global xEV sales at Mercedes-Benz Cars more than quadruple
Slide 5: Mercedes-Benz Vans: Highlights
Daimler Internal Mercedes-Benz Vans: Highlights ▸ Group sales up 37% driven by almost all regions, encouraging growth in China ▸ Group sales of electric vans increased more than eightfold ▸ Ongoing strong profitability supported by mix, pricing and cost focus ▸ World premiere of the Concept EQT ▸ Me
Slide 6: Mercedes-Benz Cars & Vans: Financials
Daimler Internal Mercedes-Benz Cars & Vans: Financials Sales Revenue EBIT adj. CFBIT adj. in thousand units in billion euros in billion euros in billion euros 28.2 620 3.6 18.9 481 2.8 +29% +49% +3.9 +437% 0.5 -0.3 Q2 2020 Q2 2021 Q2 2020 Q2 2021 Q2 2020 Q2 2021 Q2 2020 Q2 2021 Daimler AG 6
Slide 7: Mercedes-Benz Cars & Vans: EBIT & RoS
Daimler Internal Mercedes-Benz Cars & Vans: EBIT & RoS Higher unit sales Favourable product mix in million euros Gross profit +4,461 Improved net pricing Higher expenses mainly due to positive short-time work effect in 2020 Higher investment in future technologies and vehicles +4,583 -140 +18 -333 -
Slide 8: Mercedes-Benz Cars & Vans: Reconciliation from EBIT to CFBIT
Daimler Internal Mercedes-Benz Cars & Vans: Reconciliation from EBIT to CFBIT in million euros 3,438 -179 -9 -1,588 In gespannt +1,546 :-D -706 +303 2,805 2,502 t/o • Legal Proceedings +207 • Result at-equity BBAC -391 • Restructuring +96 EBIT Change in Net financial Net investments Depreciation and
Slide 9: Daimler Trucks & Buses: Highlights
Daimler Internal Daimler Trucks & Buses: Highlights ▸ Increase of truck and bus sales in almost all regions due to improved market conditions ▸ Incoming truck and bus orders in all regions significantly above prior year’s quarter, but limited by available production capacity in 2021 ▸ Limited impact
Slide 10: Daimler Trucks & Buses: Financials
Daimler Internal Daimler Trucks & Buses: Financials Sales Revenue EBIT adj. CFBIT adj. in thousand units in billion euros in million euros in million euros 116.8 10.0 831 6.2 693 61.0 +91% +61% +1,578 +814 -747 -121 Q2 2020 Q2 2021 Q2 2020 Q2 2021 Q2 2020 Q2 2021 Q2 2020 Q2 2021 Daimler AG 10
Slide 11: Daimler Trucks & Buses: EBIT & RoS
Daimler Internal Daimler Trucks & Buses: EBIT & RoS Increase of truck and bus sales in almost all regions due to improved market conditions Lower expenses for customer service Significantly higher contribution from aftermarket due to higher demand in million euros Gross profit +1,488 Net pricing IPO
Slide 12: Daimler Trucks & Buses: Reconciliation from EBIT to CFBIT
Daimler Internal Daimler Trucks & Buses: Reconciliation from EBIT to CFBIT in million euros 819 -121 +274 -195 -2 -108 667 +26 693 • Restructuring measures +26 EBIT Change in Net financial Net investments Depreciation and Other CFBIT Adjustments CFBIT Q2 2021 working capital investments in pp&e and
Slide 13: Daimler Mobility: Highlights
Daimler Internal Daimler Mobility: Highlights ▸ Higher new business driven by strong customer loyalty, especially in Europe, and Covid-impact in previous year ▸ Strong growth of acquisitions for electric vehicles supporting EV sales ▸ Lower credit risk reserves and still low net credit losses reflec
Slide 14: Daimler Mobility: Financials
Daimler Internal Daimler Mobility: Financials New Contract EBIT adj. business volume in million euros in billion euros in billion euros 930 17.2 150.6 150.6 14.0 +23% 0% 313 +197% Q2 2020 Q2 2021 12/31/2020 6/30/2021 Q2 2020 Q2 2021 Daimler AG 14
Slide 15: Daimler Mobility: EBIT & RoE
Daimler Internal Lower credit risk reserve due to quick response to Covid-19 pandemic in 2020 Daimler Mobility: EBIT & RoE Margin benefiting from lower refinancing costs Improved operative business performance at Mobility Services and Fleet Management Mainly higher expenses due to positive effect fr
Slide 16: Daimler: Key figures
Daimler Internal Daimler: Key figures Free Cash Net Industrial Sales Revenue EBIT EBIT adj. in thousand units in billion euros in billion euros in billion euros Flow (IB) Liquidity in billion euros in billion euros 5.4 2.6 736 43.5 5.2 20.9 17.9 542 30.2 +36% +44% +6.9 +6.1 +278% 17% 0.7 -1.7 -0.7 Q
Slide 17: Q2 2021: Group EBIT
Daimler Internal Daimler Q2 2021: Group EBIT in million euros +617 +45 5,420 -235 5,185 +1,578 +3,888 Mercedes-Benz Cars & Vans: • Legal proceedings -107 • Restructuring measures -59 Daimler Trucks & Buses: • Restructuring measures -12 • Legal Daimler Mobility: proceedings +53 • Restructuring measur
Slide 18: Q2 2021: Reconciliation from CFBIT to Free Cash Flow
Daimler Internal Daimler Q2 2021: Reconciliation from CFBIT to Free Cash Flow in million euros +667 -724 +364 2,950 2,502 +38 +91 +12 2,586 • Legal proceedings +207 • Restructuring measures +129 • M&A transactions +27 CFBIT CFBIT Income Interest Effects from Other Free cash flow Adjustments Free cas
Slide 19: Daimler: Net Industrial Liquidity
Daimler Internal Daimler: Net Industrial Liquidity in billion euros +1.8 -1.7 +2.8 -0.3 0.0 -1.8 20.9 20.1 Free cash flow industrial business Q2 2021: € 2,586 million Net industrial Earnings and Working Depreciation and Additions to Investments in Other Net industrial liquidity other cash capital im
Slide 20: Outlook 2021
Daimler Internal Outlook 2021 Daimler AG 20
Slide 21: Market Guidance 2021
Daimler Internal Market Guidance 2021 ASSUMPTION Our expectations for the development of business in 2021 are based on the assumption of a gradual normalization of economic conditions in the markets that are important to us. In particular, we assume that the world economy will be able to recover fro
Slide 22: Group Guidance 2021
Daimler Internal Daimler Group Guidance 2021 ASSUMPTION Our expectations for the development of business in 2021 are based on the assumption of a gradual normalization of economic conditions in the markets that are important to us. In particular, we assume that the world economy will be able to reco
Slide 23: Divisional Guidance 2021
Daimler Internal Divisional Guidance 2021 ASSUMPTION Our expectations for the development of business in 2021 are based on the assumption of a gradual normalization of economic conditions in the markets that are important to us. In particular, we assume that the world economy will be able to recover
Slide 24: We will change even faster than previously planned
Daimler Internal We will change even faster than previously planned. Tomorrow we will present a Mercedes strategy update. Daimler AG
Slide 25: Appendix
Daimler Internal Appendix Daimler AG 25
Slide 26: Daimler Q2 2021 Unit sales by division
Daimler Q2 2021 Unit sales by division in thousand units Q2 2020 Q2 2021 % change Daimler Group 542 736 +36 of which Mercedes-Benz Cars & Vans 481 620 +29 Daimler Trucks & Buses 61 117 +91 Daimler AG Capital Market Presentation Q2 2021 / July 21, 2021 / Page 26
Slide 27: Daimler Q2 2021 Revenue by divisions
Daimler Q2 2021 Revenue by divisions in billion euros Q2 2020 Q2 2021 % change Daimler Group 30.2 43.5 +44 of which Mercedes-Benz Cars & Vans 18.9 28.2 +49 Daimler Trucks & Buses 6.2 10.0 +61 Daimler Mobility 6.5 6.9 +7 Daimler AG Capital Market Presentation Q2 2021 / July 21, 2021 / Page 27
Slide 28: Daimler Q2 2021 Revenue by region
Daimler Q2 2021 Revenue by region in billion euros Q2 2020 Q2 2021 % change Daimler Group 30.2 43.5 +44 of which Europe 11.5 17.0 +48 of which Germany 4.8 6.2 +30 North America 8.2 12.1 +47 of which United States 7.3 10.6 +46 Asia 9.2 11.7 +28 of which China* 5.3 6.7 +25 Other markets 1.3 2.7 +98 *
Slide 29: Daimler Q2 2021 EBIT by division
Daimler Q2 2021 EBIT by division EBIT in million euros; RoS/RoE in % Q2 2020 Q2 2021 EBIT RoS/RoE* EBIT RoS/RoE* Daimler Group -1,682 -8.0 5,185 11.6 of which Mercedes-Benz Cars & Vans -1,125 -5.9 3,438 12,2 Daimler Trucks & Buses -756 -12.2 819 8.2 Daimler Mobility 205 5.6 924 23.9 Reconciliation -
Slide 30: Reconciliation of EBIT reported to EBIT adjusted
Daimler Q2 2021 Reconciliation of EBIT reported to EBIT adjusted in million euros Mercedes-Benz Daimler Trucks & Daimler Mobility Reconciliation Daimler Group Cars & Vans Buses EBIT as reported Q2 2021 3,438 819 924 4 5,185 Legal proceedings and related 107 - - - 107 measures Restructuring measures
Slide 31: Daimler Q2 2021 EBIT adjusted by division
Daimler Q2 2021 EBIT adjusted by division EBIT in million euros; RoS/RoE in % Q2 2020 Q2 2021 EBIT RoS/RoE* EBIT RoS/RoE* Daimler Group -708 -4.3 5,420 12.3 of which Mercedes-Benz Cars & Vans -284 -1.5 3,604 12.8 Daimler Trucks & Buses -747 -12.0 831 8.3 Daimler Mobility 313 8.6 930 24.0 Reconciliat
Slide 32: Key balance sheet and financial figures
Daimler Q2 2021 Key balance sheet and financial figures in billion euros Daimler Group Dec. 31, 2020 June 30, 2021 Equity ratio 21.3% 24.6% Gross liquidity 29.4 32.0 Funded status of pension obligations -11.0 -7.6 Funding ratio 72.4% 79.4%* Industrial business Equity ratio 37.3% 42.9% Net liquidity
Slide 33: Financial flexibility over a 12-month period
Daimler Q2 2021 Financial flexibility over a 12-month period in billion euros 65.7 Other incl. ABS potential Fin. Lease Net industrial liquidity at €20.9 billion improved significantly 50.4 Commercial paper Gross industrial liquidity at €27.6 billion Bank loans Credit facility Financial flexibility
Slide 34: Mercedes-Benz Cars: unit sales by segments
Mercedes-Benz Cars: unit sales by segments in thousand units 521 10 smart 5 Sports Cars 409 4 SUVs 5 246 159 15 21 S-Class 73 E-Class 73 73 75 C-Class 81 92 A-/B-Class Q2 2020 Q2 2021 Daimler AG / 34
Slide 35: Mercedes-Benz Cars: unit sales by regions
Mercedes-Benz Cars: unit sales by regions in thousand units 521 409 81 Rest of world 57 Europe 120 excl. Germany 74 53 Germany 40 68 United States 42 196 199 China Q2 2020 Q2 2021 Daimler AG / 35
Slide 36: Mercedes-Benz Cars: Unit sales in China
Mercedes-Benz Cars: Unit sales in China 758 in thousand units 678 694 imported 619 147 127 locally produced 193 488 196 400 407 171 293 611 91 150 567 485 147 423 316 317 250 146 2014 2015 2016 2017 2018 2019 2020 2021 YTD Daimler AG / 36
Slide 37: Mercedes-Benz Vans: Unit sales by regions
Mercedes-Benz Vans: Unit sales by regions in thousand units 98 13 Asia 4 Latin America 72 10 North America 11 2 11 43 65 EU30 5 6 Rest of world Q2 2020 Q2 2021 / Page Daimler AG 37 37
Slide 38: Mercedes-Benz Vans: Unit sales by segments
Mercedes-Benz Vans: Unit sales by segments in thousand units 98 72 Sprinter 50 36 27 Vito 20 12 17 V-Class 22 04 X-Class Citan 20.7 xx Q2 2020 Q2 2021 Daimler AG / 38
Slide 39: Daimler Trucks: Unit sales by regions
Daimler Trucks: Unit sales by regions in thousand units 112 11 Rest of world 27 Asia 58 13 Latin America 4 18 43 North America 6 20 18 EU30* 10 Q2 2020 Q2 2021 * European Union, UK, Switzerland and Norway Daimler AG / 39
Slide 40: Daimler Trucks: Incoming Orders
Daimler Trucks: Incoming Orders* in thousand units 125 15 Rest of world 35 Asia 57 14 Latin America 5 19 29 North America 6 17 32 EU30** 10 Q2 2020 Q2 2021 * Net order intake, adjusted for cancellations ** European Union, UK, Switzerland and Norway Daimler AG / 40
Slide 41: Daimler Buses: Unit sales by regions
Daimler Buses: Unit sales by regions in thousand units 4.7 0.4 Rest of world 0.7 Latin America 3.1 (excl. Brazil and Mexico) 0.5 1.8 Brazil 0.3 0.9 0.2 0.5 Mexico 1.2 1.3 EU30* Q2 2020 Q2 2021 * European Union, UK, Switzerland and Norway Daimler AG / 41
Slide 42: Daimler Mobility: Contract volume
Daimler Mobility: Contract volume in billion euros 150.6 XX.X 150.6 26.0 17.7 19.2 China 16.8 16.3 Africa & Asia-Pacific 59.6 XX.X 51.2 51.6 Americas 38.9 41.3 XX.X 38.4 Europe (excl. Germany) 25.9 25.9 25.0 XX.X Germany 12/31/2020 06/30/2021 42 /
Slide 43: Daimler Mobility Net credit losses
Daimler Mobility Net credit losses* 0,89% 0,83% 0,68% 0,61% 0,50% 0,51% 0,36% 0,43% 0,37% 0,34% 0,31% 0,33% 0,31% 0,24% 0,26% 0,26% 0,21% 0,19% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 YTD 06 * as a percentage of portfolio, subject to credit risk Daim
Slide 44: YOUR NOW Joint Ventures Q2 2021
YOUR NOW Joint Ventures Q2 2021 1. FREE NOW & REACH NOW 2. SHARE NOW 3. CHARGE NOW 06/2021 YTD Interactions in millions 68.2 60.1 0.3 7.1 0.7 Customers* in millions 52.7 49.0 0.4 3.2 0.1 Cities* 171 152 5 16 n/a * Partially, data summation w/o consideration of possible redundancies; PARK NOW figures
Slide 45: Disclaimer
Daimler Q2 2021 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 identif