Slide 1: Annual Conference 2025
ANNUAL CONFERENCE 2025 MARCH 14, 2025 BMW Group Annual Conference March 2025 -1-
Slide 2: BMW Group Statement on Full Year 2024 Results
BMW GROUP STATEMENT ON FULL YEAR 2024 RESULTS. WALTER MERTL MEMBER OF THE BOARD OF MANAGEMENT OF BMW AG, FINANCE BMW Group Annual Conference March 2025 -2-
Slide 3: BMW Group achieves adjusted guidance in all parameters in FY 2024
BMW GROUP ACHIEVES ADJUSTED GUIDANCE IN ALL PARAMETERS IN FY 2024. Staying our strategic course with consistency Q4 2024 with sequential improvement on Q3, which was impacted by delivery stops related to Integrated Braking System Peak levels of R&D and Capital Expenditure reached in 2024; both will
Slide 4: BMW Group
BMW GROUP. Year-on-year decrease driven by Integrated Braking System and China. 2024 2023 Change Group Revenues 142,380 155,498 -8.4% [in m€] Group Earnings before tax 10,971 17,096 -35.8% [EBT; in m€] Group EBT Margin 7.7% 11.0% -3.3%-pts [in %] Earnings per share 11.62 17.67 -34.2% [in €] BMW Grou
Slide 5: BMW Group: Segment performance
BMW GROUP. Segment performance. 2024 2023 Change Automotive Segment 7,893 12,981 -39.2% EBIT [in m€] EBIT Margin [in %] 6.3 9.8 -3.5%-pts Motorcycles Segment 198 259 -23.6% EBIT [in m€] EBIT Margin [in %] 6.1 8.1 -2.0%-pts Financial Services Segment 2,538 2,962 -14.3% EBT [in m€] RoE [in %] 15.1 17.
Slide 6: Automotive Retail Units, BEV Units, Auto Revenue and Auto EBIT
AUTOMOTIVE RETAIL UNITS, BEV UNITS, AUTO REVENUE AND AUTO EBIT. Sequential development 2023 and 2024. Retail Revenues Units [in k] Auto [in bn€] 37.3 718 695 34.1 626 622 619 31.3 31.6 32.1 32.1 588 595 30.9 541 27.9 2.55 2.45 YTD [in m] 132 125 YTD [in bn] Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Slide 7: Automotive Segment EBIT
AUTOMOTIVE SEGMENT EBIT. Year-on-year development impacted by volume decrease & pricing headwinds. [in bn€] +1.0 13.0 -4.4 -0.1 -0.2 +/-0.0 7.9 -1.4 EBIT EBIT margin margin 9.8% 6.3% EBIT Net Effect Volume, R&D Selling & Depreci- Other Cost EBIT FY 2023 FX / Com Mix , Price Expenses Admin. ation Cha
Slide 8: R&D Expenditure at Peak Level
R&D EXPENDITURE AT PEAK LEVEL. Continued implementation of electrification and digitalization strategy. R&D expenditure ratio 6.4% BMW Group 5.0% 5.0% 9,078 R&D expenditure 7,755 7,178 [in m€] 2022 2023 2024 BMW Group Annual Conference March 2025 -8-
Slide 9: Group Capital Expenditure at Peak Level
GROUP CAPITAL EXPENDITURE AT PEAK LEVEL. Preparations across the production network for launch of NEUE KLASSE. Group capex ratio BMW Group 6.4% 5.5% 5.7% Group capital expenditure 8,836 9,056 [in m€] 7,791 2022 2023 2024 BMW Group Annual Conference March 2025 -9-
Slide 10: Automotive Segment Free Cash Flow
AUTOMOTIVE SEGMENT FREE CASH FLOW. Reconciliation EBT – FCF at FY24. [in bn€] 7.5 +0.2 +1.2 4.9 -3.3 -0.7 EBT Working Invest / Provisions Other FCF FY 2024 Capital Depreciation FY 2024 BMW Group Annual Conference March 2025 - 10 -
Slide 11: Financial Services Segment
FINANCIAL SERVICES SEGMENT. Solid growth in new contracts over the year. 2024 2023 Change Penetration Rate 42.6% 38.2% +4.4%-pts New contracts with customers 1,693,876 1,542,514 +9.8% Total volume of new 64,519 57,333 +12.5% customer contracts [in m€] New Contract Development 2023 vs 2024 Earnings b
Slide 12: Dividend and Higher Payout Ratio
DIVIDEND AND HIGHER PAYOUT RATIO. Group Earnings Proposed Dividend Payout before Tax per common share Ratio [in bn€] [in €] [in %] 36.7 6.00 33.7 17.1 4.30 11.0 2023 2024 2023 2024 2023 2024 BMW Group Annual Conference March 2025 - 12 -
Slide 13: Outlook 2025
OUTLOOK 2025. BMW GROUP AUTOMOTIV E MOTORCYCLES FINANCIAL SERVICES Group earnings before tax Deliveries Deliveries Return on Equity At previous year’s level Slight increase Slight increase Between 13 and 16% Size of workforce EBIT margin EBIT margin At previous year’s level Between 5 and 7% Between
Slide 14: BMW Group: Focus on Long-Term View as well as Operational Excellence
BMW GROUP: FOCUS ON LONG-TERM VIEW AS WELL AS OPERATIONAL EXCELLENCE. Long-term strategic planning paired with operational excellence Free Cash Flow in 2025: >5 billion euros Commitment to our long-term target corridor of 8-10% EBIT margin in the Automotive Segment Turnaround in cost structures – R&
Slide 15: Consumption and Emission Data
CONSUMPTION AND EMISSION DATA. BMW iX xDrive45. BMW X3 M50 xDrive. Power consumption in kWh/100km WLTP (combined): 21.8; Fuel consumption in l/100km WLTP (combined): 8.3 - 7.7; CO2 emissions in g/km: 0. CO2 emissions in g/km: 189 – 175; CO2 class(es): G – F. BMW M3 Touring. BMW i4 M50. Energy consum