Daimler Truck Holding Ag · XETR:DTG
Daimler Truck — Investor Day (July 2025)
89 slides from Daimler Truck's investor day presentation, Jul 8, 2025
Slide 1: Capital Market Day 2025
CAPITAL MARKET DAY 2025 I Cleveland, NC
Slide 2: Disclaimer
DISCLAIMER Forward-looking statements This document contains forward-looking statements that reflect our current views about future events. The words “aim”, “ambition”, “anticipate”, “assume”, “believe”, “estimate”, “expect”, “intend”, “may”, ”can”, “could”, “plan”, “project”, “should”, “target” and
Slide 3: Stronger 2030
Karin Rådström CEO STRONGER 2030
Slide 4: We are building the best Truck & Bus company
WE ARE BUILDING THE BEST TRUCK & BUS COMPANY FOR ALL WHO KEEP THE WORLD MOVING
Slide 5: Today's Agenda
TODAY’S AGENDA Road to 2030: Update on new strategy, execution and financial targets Achim Puchert Karin Rådström Eva Scherer CEO Mercedes-Benz Trucks CEO CFO and BharatBenz 1 STRONGER 2030 2 DRIVING VALUE 3 TURNING POTENTIAL INTO PROFIT Building the best Strategy evolution – Restructure, leverage a
Slide 6: Transport remains the backbone of economy and society
TRANSPORT REMAINS THE BACKBONE OF ECONOMY AND SOCIETY Structural growth and purpose unchanged, even in uncertain times 3% annual growth of global freight transport until 2050 FOR ALL WHO KEEP THE WORLD MOVING Source: UN Trade and Development
Slide 7: Foundation for next level success in place
FOUNDATION FOR NEXT LEVEL SUCCESS IN PLACE We have what it takes to build the best Truck & Bus company SCALE AND FINANCIAL BEST TEAM AND HERITAGE STRENGTH INNOVATION 460K 8.6BN € 108K Units sold Net industrial Smart and purpose- liquidity driven people Note: 2024 Actual
Slide 8: Recent flagship product launches and services
RECENT FLAGSHIP PRODUCT LAUNCHES AND SERVICES Driving success for our customers Actros L eActros Cascadia Global Parts Center ProCabin 600 Fifth Gen Halberstadt
Slide 9: We achieved a lot
WE ACHIEVED A LOT On the way of building the best Truck & Bus company +24% >50% 3.2BN € 5BN € Service revenue Adjusted EBIT growth Free cash flow Dividend and Industrial Business Daimler Buses Industrial Business share buyback 2024 vs. 2019 2024 vs. 2019 2024 last two years Successful Bus Attractive
Slide 10: But we are not fully at our target level
BUT WE ARE NOT FULLY AT OUR TARGET LEVEL Trucks North America & Bus targets achieved – focus on Mercedes-Benz Trucks Adjusted ROS Industrial Business - in % - Actual Target 2024 2025 Trucks 12.9 12.0 9.9 North 8.9 8-9 America 7.7 6.1 7.5 8-9 Mercedes- Cost Down Benz Trucks 1 Europe 1.9 8.3 8.0 Daiml
Slide 11: This is how we move forward
THIS IS HOW WE MOVE FORWARD
Slide 12: We are building the best Truck & Bus company
FOR ALL WHO KEEP THE WORLD MOVING We are building the best Truck & Bus company #1 #2 #3 #4 #5 UNLOCK FULL EVOLVE INTO TRANSFORM BUILD A LEAN FOSTER POTENTIAL A CUSTOMER- AT THE SPEED AND EFFECTIVE PERFORMANCE THROUGH GROWTH, CENTRIC OF RIGHT OPERATING MODEL CULTURE SCALE AND SOLUTIONS EFFICIENCY POW
Slide 13: Leveraging global scale and growth opportunities
#1 Unlock Full Potential #2 Solutions Powerhouse #3 Speed of Right #4 Lean & Effective Operating Model #5 Performance Culture LEVERAGING GLOBAL SCALE AND GROWTH OPPORTUNITIES Creating a Japanese global champion by integrating Fuso and Hino 25% >40K owned by Daimler Truck employees and Toyota each Ag
Slide 14: Where we grow
#1 Unlock Full Potential #2 Solutions Powerhouse #3 Speed of Right #4 Lean & Effective Operating Model #5 Performance Culture WHERE WE GROW Several high impact opportunities across regions Increase ZEV India: Local scale Strengthening Strong in Europe opens export vocational position defense growth
Slide 15: Where we grow: Autonomous and North America leadership
#1 Unlock Full Potential #2 Solutions Powerhouse #3 Speed of Right #4 Lean & Effective Operating Model #5 Performance Culture WHERE WE GROW 15-20% total cost of ownership savings for customers through Autonomous Leader in Autonomous truck driving AI software 3BN € North American trucking OEM leader
Slide 16: Evolve into a more customer-centric organization
#1 Unlock Full Potential #2 Solutions Powerhouse #3 Speed of Right #4 Lean & Effective Operating Model #5 Performance Culture EVOLVE INTO A MORE CUSTOMER-CENTRIC ORGANIZATION Shifting gears to fast, market-driven solutions and hands-on execution AFTERSALES MARKET INVESTMENT FOCUS DELIVERY BOOST Get
Slide 17: Transformation success factors
#1 Unlock Full Potential #2 Solutions Powerhouse #3 Speed of Right #4 Lean & Effective Operating Model #5 Performance Culture TRANSFORMATION SUCCESS FACTORS Scale, flexible investment approach and partnerships FLEXIBLE STRONG MAXIMIZE INVESTMENT PARTNERSHIPS COMMONALITY Adapting to the speed Reducin
Slide 18: Cost Down Europe
#1 Unlock Full Potential #2 Solutions Powerhouse #3 Speed of Right #4 Lean & Effective Operating Model #5 Performance Culture COST DOWN EUROPE Significant structural savings by 2030 First tangible financial impact expected in 2026 >1BN € ► ► Agreement with works council reached Significant headcount
Slide 19: Cost Down Europe: agreement allows holistic execution
#1 Unlock Full Potential #2 Solutions Powerhouse #3 Speed of Right #4 Lean & Effective Operating Model #5 Performance Culture COST DOWN EUROPE Agreement allows for holistic and effective execution CORNERSTONES OF AGREEMENT Operations efficiency Operations resilience Indirect functions Efficiency pus
Slide 20: Step change to achieve our ambition
#1 Unlock Full Potential #2 Solutions Powerhouse #3 Speed of Right #4 Lean & Effective Operating Model #5 Performance Culture STEP CHANGE TO ACHIEVE OUR AMBITION Fostering a culture of high performance WHAT WE STRIVE FOR HOW WE ACHIEVE IT ► Lean processes and ► Change how we assess decision-making p
Slide 21: Execution focus
EXECUTION FOCUS Started strong and way more to come RESOLVED TO COME First 100-day plan 2025 Operationalize 2026 Strengthen pay Simpler. Faster. for performance Stronger. Succession MB Trucks CEO 2025 Start implementation 2026 Next level New setup of lean headquarters Financial Services Mercedes-Ben
Slide 22: Bringing it all together for 2030
BRINGING IT ALL TOGETHER FOR 2030 We are building the best Truck & Bus company >12% 3-5% Adjusted ROS Organic revenue CAGR Industrial Business Industrial Business Target 2030 2030 vs. 2024 Autonomous provides additional upside
Slide 23: Driving Value
EVA SCHERER CFO DRIVING VALUE Strategy evolution – Performance revolution
Slide 24: Four levers to maximize value creation
FOUR LEVERS TO MAXIMIZE VALUE CREATION Refining our financial priorities to enhance performance FIX RESILIENT CAPITAL ALLOCATION SHAREHOLDER THE CORE GROWTH AND EFFICIENCY RETURNS ► Focus on most attractive ► Increase share of ► Stringent CapEx ► Continue track record of segments and markets recurri
Slide 25: Significant achievements already made
SIGNIFICANT ACHIEVEMENTS ALREADY MADE Strengthened resilience and attractive shareholder returns Organic revenue CAGR Adjusted EBIT growth ∼3% > +70% Revenue Industrial Business Industrial Business Adjusted ROS 2024 vs. 2019 2024 vs. 2019 51BN € 8.9% Industrial Business Industrial Business 2024 Free
Slide 26: Cost Down Europe: structural improvement
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns COST DOWN EUROPE: STRUCTURAL IMPROVEMENT Enhancing resilience and robustness with >1BN € cost savings by 2030 Net savings potential - BN € - Material Research & Headquarters and cost Development G&A functions >400MN
Slide 27: Benchmarking confirms improvement opportunities
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns BENCHMARKING CONFIRMS IMPROVEMENT OPPORTUNITIES Spotlight on material costs and operations with >600MN € cost savings 2030 Material cost Operations >400MN € >200MN € Savings potential 2030 vs. 2024 Savings potential
Slide 28: Cost reductions in R&D, Sales and IT
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns COST REDUCTIONS IN R&D, SALES AND IT ~300MN € cost savings by 2030 R&D Sales IT ~100MN € ~100MN € ~100MN € Savings potential 2030 vs. 2024 Savings potential 2030 vs. 2024 Savings potential 2030 vs. 2024 e.g. Best-cos
Slide 29: Reduction in G&A functions and lean headquarters
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns REDUCTION IN G&A FUNCTIONS AND LEAN HEADQUARTERS Resulting in ~100MN € savings by 2030 Rightsizing Headquarters and G&A functions of resources by focusing on core business and optimization of processes Outsourcing Sa
Slide 30: Successful Bus turnaround
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns SUCCESSFUL BUS TURNAROUND Restructuring efforts paying off WHAT WE ACHIEVED SINCE 2019 +24% 9x ► Constant gross margin despite lower sales (-10%) Services and ZEV parts revenue ► Stringent pricing and margin-based sa
Slide 31: Fuso and Hino integration: compelling future for Trucks Asia
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns FUSO AND HINO INTEGRATION: COMPELLING FUTURE FOR TRUCKS ASIA More focus on higher margin and higher return on capital business Product portfolio - Group sales in % - MARGIN EXPANSION ► Higher margin mix and higher av
Slide 32: Revenue growth opportunities until 2030
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns REVENUE GROWTH OPPORTUNITIES UNTIL 2030 Leveraging key strategic initiatives to foster revenue growth Total revenue Industrial Business Organic revenue CAGR 3-5% - in BN € - 51 46 2024 Trucks Asia 2024 ZEV Vocational
Slide 33: Increase resilience and profitability by expanding services
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns INCREASE RESILIENCE AND PROFITABILITY BY EXPANDING SERVICES Higher service revenue underpinned by disciplined investments Service revenue Mercedes-Benz Trucks Industrial Business excl. Trucks Asia - in BN € - Strengt
Slide 34: Strengthening vocational to foster resilience and growth
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns STRENGTHENING VOCATIONAL TO FOSTER RESILIENCE AND GROWTH Vocational incremental growth with low correlation to on-highway Market US/CAN Heavy vocational Heavy highway SHARE OF MARKET - in units - >35% US/CAN heavy vo
Slide 35: Financial Services as sales and solutions enabler
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns FINANCIAL SERVICES AS SALES AND SOLUTIONS ENABLER Partner for Industrial Business in increasing customer lifetime value Portfolio ramp-up successfully completed Positioned for self-funded growth - in BN € - Our capit
Slide 36: Our strategy delivers compelling financials
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns OUR STRATEGY DELIVERS COMPELLING FINANCIALS Key initiatives to achieve the performance revolution Adjusted ROS Industrial Business >310bps >60bps >12% 50bps 50bps >150bps 8.9% FIX THE CORE RESILIENT GROWTH 2024 Cost
Slide 37: All segments are driving value
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns ALL SEGMENTS ARE DRIVING VALUE Structurally higher profitability Adjusted ROS 2024 CMD 2023 2030 - in % - Actual 2030 Target Target >12% Industrial Business 8.9 7–11 1 9–13 UPGRADE Adjusted ROS Mercedes-Benz Trucks 2
Slide 38: Optimize capital base and set new target range for ROCE
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns OPTIMIZE CAPITAL BASE AND SET NEW TARGET RANGE FOR ROCE Increased focus on shareholder return ROCE (pre-tax) Industrial Business - in % - EBIT IB Avg. Capital Employed IB 31% 40-50% Actual 2024 Target 2030 OPTIMIZE I
Slide 39: Stringent CapEx management in place
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns STRINGENT CAPEX MANAGEMENT IN PLACE Allocating capital to the highest return opportunities in a balanced way CapEx development (PPE and other) Industrial Business excl. Trucks Asia - in BN € - 2.9% CapEx PPE as % of
Slide 40: Targeted investments and lower R&D capitalization rate
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns TARGETED INVESTMENTS AND LOWER R&D CAPITALIZATION RATE Increased margin visibility and reduced risk profile R&D capitalization rate Industrial Business excl. Trucks Asia - in % - 20 ► Capitalized R&D peaked in 2024,
Slide 41: Converting revenue and profit growth into cash
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns CONVERTING REVENUE AND PROFIT GROWTH INTO CASH Maintaining high cash generation FCF/adjusted pre-tax CCR Net industrial liquidity Industrial Business - in BN € - - in BN € - >1.5x FCF 2030 vs. 2024 1.1 0.9-1.0 8.6 >1
Slide 42: Capital allocation priorities
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns CAPITAL ALLOCATION PRIORITIES The right balance to fund our future and to pay attractive shareholder returns Investment in core Robust liquidity Foster sustainable expansion of core Upholding a healthy balance sheet
Slide 43: We are strongly committed to shareholder returns
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns WE ARE STRONGLY COMMITTED TO SHAREHOLDER RETURNS Strong dividend policy and new share buyback program HIGH THROUGH-CYCLE up to DIVIDEND PAYOUT 2BN € 40-60% within two years starting in H2/2025
Slide 44: How we are driving value 2030
Fix the Core Resilient Growth Capital Allocation and Efficiency Shareholder Returns HOW WE ARE DRIVING VALUE 2030 Performance revolution to drive value creation Fix the core 9-13% >1BN € Adjusted ROS Cost Down Europe Industrial Business 2030 EBIT uplift 2030 3-5% Resilient growth Organic revenue CAG
Slide 45: Turning Potential into Profit
Achim Puchert CEO Mercedes-Benz Trucks and BharatBenz TURNING POTENTIAL INTO PROFIT Restructure, leverage and grow
Slide 46: Strong Latin America turnaround ahead of plan
Introduction Restructure Leverage Grow STRONG LATIN AMERICA TURNAROUND AHEAD OF PLAN A blueprint for MBT success including people, products, efficiency and growth What we have achieved since 2021 800bps 50% EBIT/ROS transformation Adjusted ROS Complexity improvement reduction Embedded high-performan
Slide 47: Customer first
Introduction Restructure Leverage Grow CUSTOMER FIRST We have what it takes to win Best people Best products Best services
Slide 48: Mercedes-Benz Trucks: achievements since 2021
Introduction Restructure Leverage Grow MERCEDES-BENZ TRUCKS: ACHIEVEMENTS SINCE 2021 We have more work to do, but remain laser-focused Sales Revenue - in k units - - in BN € - Strong 2023 adjusted ROS, but 166 159 160 22 21 resilience is next focus with Cost Down 141 20 19 126 16 Europe Latin Americ
Slide 49: 2025: A new era turns potential into profit
Introduction Restructure Leverage Grow 2025: A NEW ERA TURNS POTENTIAL INTO PROFIT Clear actions in place to meet targets #1 #2 #3 #4 #5 UNLOCK FULL EVOLVE INTO TRANSFORM BUILD A LEAN FOSTER POTENTIAL A CUSTOMER- AT THE SPEED AND EFFECTIVE PERFORMANCE THROUGH GROWTH, CENTRIC OF RIGHT OPERATING MODEL
Slide 50: Driving resilience to reinvest in our future
Introduction Restructure Leverage Grow DRIVING RESILIENCE TO REINVEST IN OUR FUTURE Reaching a new level of global collaboration, efficiency and growth TWO STRONG BRANDS – ONE GLOBAL TEAM
Slide 51: Cost Down Europe: ready to contribute
Introduction Restructure Leverage Grow COST DOWN EUROPE: READY TO CONTRIBUTE Enhancing resilience and robustness with >1BN € cost savings by 2030 Net savings potential - in BN € - >1BN Material cost Research & Development Headquarters and G&A functions First tangible >400MN € ~100MN € ~100MN € impac
Slide 52: Cost Down Europe pushes Sales and R&D efficiency
Introduction Restructure Leverage Grow COST DOWN EUROPE PUSHES SALES AND R&D EFFICIENCY Optimized structures and synergies without compromising on quality SALES R&D Levers for optimization Levers for optimization Finalize restructuring Increase efficiency & effectiveness by streamlining, global syne
Slide 53: Cost Down Europe secures operations efficiency target
Introduction Restructure Leverage Grow COST DOWN EUROPE SECURES OPERATIONS EFFICIENCY TARGET Reaching benchmark with new footprint and World Class Manufacturing Levers for optimization Efficiency push by World Class Manufacturing >200MN € Relocation Operations of production volume to best-cost count
Slide 54: Material cost reduction targets benchmark
Introduction Restructure Leverage Grow MATERIAL COST REDUCTION TARGETS BENCHMARK Relentless focus on value chain Levers for optimization Commercial excellence in global procurement across regions >400MN € Technical efficiency Material cost along the entire value chain Savings potential 2030 Complexi
Slide 55: One global team enables stronger product portfolio
Introduction Restructure Leverage Grow ONE GLOBAL TEAM ENABLES STRONGER PRODUCT PORTFOLIO India provides huge scale and cost reduction potential Medium-duty optimization: From three cabs to one Powerhouse product portfolio to be achieved with ONE Modular System and Daimler Truck’s scale India is str
Slide 56: Leading ZEV transformation in Europe
Introduction Restructure Leverage Grow LEADING ZEV TRANSFORMATION IN EUROPE Industry-leading products ready for take-up Market growth ahead ► Strong growth potential ► >25k Mercedes-Benz Trucks ZEV units in Europe by 2030 Best truck for largest opportunity ► eActros 600 wins with long haul customers
Slide 57: Doubling defense revenue by 2030
Introduction Restructure Leverage Grow DOUBLING DEFENSE REVENUE BY 2030 Investing in products and targeting tenders for profitable life cycle growth GROWING MARKET OPPORTUNITY ► Defense budgets on the rise ► Highly profitable life cycle business ► Long-term contracts HOW WE MAKE IT HAPPEN Invest in
Slide 58: Growing services business
Introduction Restructure Leverage Grow GROWING SERVICES BUSINESS Strengthening loyalty and profits with superior experiences, uptime & solutions Retail experience with truck dedication focus ► Growing MBT-owned retail locations >60% from 2024 to 2030 ► Increasing truck dedication focus across dealer
Slide 59: We are one team
Introduction Restructure Leverage Grow WE ARE ONE TEAM We win with our great people and a global high-performance mindset HIGH-PERFORMANCE CULTURE We are We have pride We focus on We execute We have customer- in what we trust and with a global obsessed deliver accountability excellence ONE Team mind
Slide 60: Strong and consistent financial growth
Introduction Restructure Leverage Grow STRONG AND CONSISTENT FINANCIAL GROWTH Clear strategy and strong execution deliver 12% ROS Adjusted ROS RESTRUCTURE LEVERAGE Mercedes-Benz Trucks 1 - in % - Resilience with Leverage global strength and scale Cost Down Europe with people and products 12 GROW GRO
Slide 61: From Strength to Strength
John O’Leary CEO Daimler Truck North America FROM STRENGTH TO STRENGTH Scale, sustain and streamline
Slide 62: Proven performance, built for more
From Strength to Strength Scale Sustain Streamline PROVEN PERFORMANCE, BUILT FOR MORE Demonstrated growth and profitability through smart execution Sales Revenue Profitable growth fueled by value-based pricing - in k units - - in BN € - and an enhanced mix, aligned with dealer and 23.5 23.8 customer
Slide 63: Confidence through uncertainty
From Strength to Strength Scale Sustain Streamline CONFIDENCE THROUGH UNCERTAINTY Resilience forged by excellence in every detail North America | Class 6-8 | Market and share of market ’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12 ’13 ’14 ’15 ’16 ’17 ’18 ‘19 ‘20 ‘21 ‘22 ‘23 ‘24
Slide 64: Streamline, Sustain, Scale
From Strength to Strength Scale Sustain Streamline CONFIDENCE THROUGH UNCERTAINTY Resilience forged by excellence in every detail FROM STRENGTH TO STRENGTH STREAMLINE SUSTAIN SCALE
Slide 65: Strategic focus, measurable impact
From Strength to Strength Scale Sustain Streamline STRATEGIC FOCUS, MEASURABLE IMPACT Driving value in North America through initiatives aligned with Group strategy #1 #2 #3 #4 #5 UNLOCK FULL EVOLVE INTO TRANSFORM BUILD A LEAN FOSTER POTENTIAL A CUSTOMER- AT THE SPEED AND EFFECTIVE PERFORMANCE THROU
Slide 66: Unlocking vocational growth through strategic dual brands
From Strength to Strength Scale Sustain Streamline UNLOCKING VOCATIONAL GROWTH THROUGH STRATEGIC DUAL BRANDS Purpose-built offerings with stronger revenue potential US/CAN market (in k units) Medium-duty (Class 6-7) and mid-range (Class 8) 65 59 54 58 40% 45% 44% 42% >42% 2021 2022 2023 2024 2030 Ta
Slide 67: Service excellence, customer first
From Strength to Strength Scale Sustain Streamline SERVICE EXCELLENCE, CUSTOMER FIRST Tailored solutions that grow long-term value Service revenue Trucks North America - in BN € - SERVICE PARTS PRODUCTS DIGITAL AND ZEV 3.9 ► Stand-alone parts stores ► Extended warranty ► Fleet solutions ► Direct ful
Slide 68: Investing with discipline, powering what's next
From Strength to Strength Scale Sustain Streamline INVESTING WITH DISCIPLINE, POWERING WHAT’S NEXT Fueling leadership through focused capital allocation INTRODUCED ZEV ECOSYSTEM INCREASING DIESEL INVESTMENT ► Four BEV models in production ► Vertically integrated heavy-duty powertrain ► Infrastructur
Slide 69: Advancing our diesel legacy
From Strength to Strength Scale Sustain Streamline ADVANCING OUR DIESEL LEGACY Rooted in one global platform, geared for the road ahead BlueTec In-house Down-speeding Thermal Mgmt. Turbocharger ATS1 Performance 2013 2016 2027 2010 2021 Clean Sheet 2027 2007 2028 EMISSIONS FUEL COST- COMPLIANT ECONOM
Slide 70: Fifth generation Cascadia – a new benchmark
From Strength to Strength Scale Sustain Streamline FIFTH GENERATION CASCADIA – A NEW BENCHMARK Extending our on-highway leadership through relentless innovation Cascadia – The undisputed market leader On-highway tractors US/CAN 50% 45% Cascadia 40% 30% 20% 17% Competitor A 12% Competitor B 10% 11% C
Slide 71: Excellence earned every day
From Strength to Strength Scale Sustain Streamline EXCELLENCE EARNED EVERY DAY Streamlining operations, driving agility, delivering results ACCOMPLISHED FORTHCOMING Cost savings Restore manufacturing efficiency po Stringent fixed cost discipline to pre-COVID level Efficiency Reduce non-value-added c
Slide 72: From strength to strength
From Strength to Strength Scale Sustain Streamline FROM STRENGTH TO STRENGTH Purpose in our heart, ambition in our stride, driving toward 14% ROS Adjusted ROS SCALE SCALE Trucks North America - in % - Unlocking vocational growth through Delivering service excellence that 14 strategic dual brand adva
Slide 73: Technology Transformation
Andreas Gorbach Head of Truck Technology TECHNOLOGY TRANSFORMATION Mastering the speed of right
Slide 74: Our technology is a key lever to create shareholder value
Purpose Transformation Technology Strategy Execute & Adapt OUR TECHNOLOGY IS A KEY LEVER TO CREATE SHAREHOLDER VALUE By providing value for our customers and scale for Daimler Truck
Slide 75: Propulsion & software offer highest differentiation and scale
Purpose Transformation Technology Strategy Execute & Adapt PROPULSION & SOFTWARE OFFER HIGHEST DIFFERENTIATION AND SCALE Undergoing the biggest transformation this industry has ever seen POWER TO DRIVE INTELLIGENCE TO DRIVE Decarbonization Digitalization
Slide 76: The speed of transformation largely remains uncertain
Purpose Transformation Technology Strategy Execute & Adapt THE SPEED OF TRANSFORMATION LARGELY REMAINS UNCERTAIN Making the biggest transformation an even bigger challenge TRANSFORMATION SPEED … … is dependent on … can change very fast, enabling factors as soon as enabling factors like cost parity f
Slide 77: Mastering the speed of right
Purpose Transformation Technology Strategy Execute & Adapt MASTERING THE SPEED OF RIGHT Four platforms with different transformation speed #1 #2 #3 #4 #5 UNLOCK FULL EVOLVE INTO TRANSFORM BUILD A LEAN FOSTER POTENTIAL A CUSTOMER- AT THE SPEED AND EFFECTIVE PERFORMANCE THROUGH GROWTH, CENTRIC OF RIGH
Slide 78: We hold on to what we stated at CMD 2023
Purpose Transformation Technology Strategy Execute & Adapt WE HOLD ON TO WHAT WE STATED AT CMD 2023 Our flexible modular strategy enables us to transform at the speed of right FLEXIBLE INVESTMENT STRENGTHEN MAXIMIZE SCALE AND RAMP-UP AND EXPAND PARTNERSHIPS AND COMMONALITY Cummins | Deutz One heavy-
Slide 79: The speed of right is changing for some technology clusters
Purpose Transformation Technology Strategy Execute & Adapt THE SPEED OF RIGHT IS CHANGING FOR SOME TECHNOLOGY CLUSTERS Mainly due to the deceleration of decarbonization in the US SOFTWARE BATTERYEU BATTERYUS HYDROGENEU HYDROGENUS DIESELEU & ROW DIESELUS DECREASING UNCHANGED INCREASING
Slide 80: Daimler Truck technology strategy
Purpose Transformation Technology Strategy Execute & Adapt DAIMLER TRUCK TECHNOLOGY STRATEGY We keep executing and make adaptations where necessary DIESEL BATTERY HYDROGEN SOFTWARE DIESEL AS FOUNDATION FAST TO MARKET DUAL STRATEGY HARDWARE AND OS Our basis to finance Upscale Decarbonize faster and l
Slide 81: Diesel: global ramp-down not in sight
Purpose Transformation Technology Strategy Execute & Adapt DIESEL: GLOBAL RAMP-DOWN NOT IN SIGHT Speed of right: We leverage global scale even more DIESEL BATTERY HYDROGEN SOFTWARE WE KEEP EXECUTING ▸ One global heavy-duty diesel platform running in all Daimler Truck brands ▸ Biggest scale in indust
Slide 82: Battery: transformation speed towards ZEV diverges globally
Purpose Transformation Technology Strategy Execute & Adapt BATTERY: TRANSFORMATION SPEED TOWARDS ZEV DIVERGES GLOBALLY Speed of right: We decelerate in the US, for now DIESEL BATTERY HYDROGEN SOFTWARE WE KEEP EXECUTING ▸ eActros 600: First truckified battery with prismatic LFP cell types ▸ Upscaling
Slide 83: Hydrogen: transformation speed diverges globally
Purpose Transformation Technology Strategy Execute & Adapt HYDROGEN: TRANSFORMATION SPEED DIVERGES GLOBALLY Speed of right: We maintain time to market, but decelerate industrialization DIESEL BATTERY HYDROGEN SOFTWARE WE KEEP EXECUTING ▸ Fuel cell: Gen1 in customer tests, Gen2 development in full sw
Slide 84: Software: from evolution to revolution
Purpose Transformation Technology Strategy Execute & Adapt SOFTWARE: FROM EVOLUTION TO REVOLUTION Speed of right: We maintain our pace towards the software-defined truck DIESEL BATTERY HYDROGEN SOFTWARE WE KEEP EXECUTING ▸ Architecture: Roll-out of latest update ongoing, further increasing computing
Slide 85: Technology transformation: mastering the speed of right
Purpose Transformation Technology Strategy Execute & Adapt TECHNOLOGY TRANSFORMATION: MASTERING THE SPEED OF RIGHT Transformation speed is changing – we adapt accordingly FOCUS REMAINS ON TWO MEGATRENDS: TRANSFORM AT THE SPEED OF RIGHT: DECARBONIZATION AND DIGITALIZATION FLEXIBLE INVESTS, PARTNERS,
Slide 86: Simpler. Faster. Stronger.
Karin Rådström CEO SIMPLER. FASTER. STRONGER. The Daimler Truck investment case
Slide 87: What's different this time
WHAT’S DIFFERENT THIS TIME We focus on execution power Evolution FOR ALL WHO STRATEGIC DIRECTION KEEP THE WORLD MOVING #1 #2 #3 #4 #5 WHY WHAT HOW Growth, scale Solutions Speed Operating Performance & efficiency powerhouse of right model culture Group strategy Revolution Financial Segment Setup & De
Slide 88: Simpler. Faster. Stronger. The Daimler Truck investment case 2030
SIMPLER. FASTER. STRONGER. The Daimler Truck investment case 2030 #1 #2 #3 #4 #5 UNLOCK FULL POTENTIAL EVOLVE INTO A CUSTOMER- TRANSFORM BUILD A FOSTER THROUGH GROWTH, CENTRIC SOLUTIONS AT THE SPEED LEAN AND EFFECTIVE PERFORMANCE SCALE AND EFFICIENCY POWERHOUSE OF RIGHT OPERATING MODEL CULTURE ~70%
Slide 89: Capital Market Day 2025
CAPITAL MARKET DAY 2025 I Cleveland, NC