Daimler Truck : Capital Market Presentation Q1 2026

About this update from Daimler Truck Holding Ag

Q1 2026 Interim Results Call May 06, 2026 Karin Rådström, CEO Eva Scherer, CFO ISIN: DE 000 DTR0CK8 WKN: DTR0CK ADR Program Symbol: DTRUY Bloomberg Ticker: DTG:GR Reuters Ticker: DTGGe.DE Q1 2026 Interim Results Call #1 Business Update #2 Outlook #3 Appendix Group - Key figures Q1 2026 Revenue - in bn Euro - Adjusted EBIT Net profit Group EPS Group Net Industrial Liquidity 1 - in bn Euro - - in mn Euro - - in Euro - - in bn Euro - 10.0 0.5 149 0.2 7.1 Q1 2025: 11.5 Q1 2025: 1.1 Q1 2025: 749 Q1 2025: 0.9 Q4 2025: 7.7 -13% -54% -80% -80% -7% 1 Of continuing and discontinued operations Daimler Truck Group | Q1 2026 Interim Results Call 3 Robust Industrial Business performance despite challenging economic conditions 9.1 10.6 Revenue in bn Euro - 5.0 9.6 ROS adj. in % - Adj. EBIT in mn Euro - 1,023 38 460 96 -3 FX -3 -569 -6 -19 FX +16 FX +22 FX -44 -695 t/o Trucks North America Mercedes-Benz Trucks Daimler Buses Q1 2025 Gross profit SG&A R&D Others Q1 2026 Daimler Truck Group | Q1 2026 Interim Results Call 4 Book-to-bill ratio of 166% in Q1 2026 - Order momentum further improving Q1 2026 Development per quarter Unit sales 105 Incoming orders 114 Incoming orders - in k units - Group sales - in k units - Book-to-bill ratio - in % - Total 114 69 166 Q1 2025: 76 Q1 2025: 76 Q1 2025: 101 t/o ZEV 1.1 0.7 155 Q1 2025: 1.2 Q1 2025: 0.6 Q1 2025: 197 76 81 59 86 72 69 64 Book-to- Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 bill ratio - in % - 101 73 89 122 166 Daimler Truck Group | Q1 2026 Interim Results Call 5 Further market drop in North America; EU30 market momentum continuing in Q1 2026 Total market HDT - in k units - 350 YTD March 80k 300 297k average 250 290 - 330k Market assumption 200 150 2019 2020 2021 2022 2023 2024 2025 2026 North America EU30 Total market Class 8 - in k units - 350 YTD March 50k 300 293k average 250 200 250 - 290k Market assumption 150 2019 2020 2021 2022 2023 2024 2025 2026 Class 8 37.7.% 1 Share of market HDT 18.3% 2 Share of market MDT/HDT 18.5% 2 Share of market ZEV HDT 33.3% 2 Share of market #1 #1 #1 1 YTD March for Freightliner, Western Star (company internal analysis) 2 YTD March for Mercedes-Benz (company internal analysis) Daimler Truck Group | Q1 2026 Interim Results Call 6 Trucks North America profitability impacted lower volumes and tariffs 3.8 5.4 Revenue in bn Euro - 5.4 14.4 Adj. ROS in % - Adj. EBIT in mn Euro - 778 23 44 209 -11 FX -1 FX +15 FX +20 FX -87 -624 Volume Net pricing (tariffs) Q1 2025 Gross profit SG&A R&D Others Q1 2026 by Daimler Truck Group | Q1 2026 Interim Results Call 7 Mercedes-Benz Trucks with solid profitability despite headwinds in Latin America 4.6 4.4 Revenue in bn Euro - 5.1 5.4 Adj. ROS in % - Adj. EBIT in mn Euro - 238 9 233 31 -2 - - -44 Net pricing Loss of a positive 2025 effect from + CDE warranty and policy - Aftersales (Halberstadt) + Volume + CDE FX +23 FX +2 FX +1 FX -2 Q1 2025 Gross profit SG&A R&D Others Q1 2026 Daimler Truck Group | Q1 2026 Interim Results Call 8 Daimler Buses demonstrates strong performance and resilience in challenging environment 1.2 1.3 Revenue in bn Euro - 8.6 9.4 Adj. ROS in % - Adj. EBIT in mn Euro - 126 3 -6 -6 107 FX 0 FX 0 FX 0 FX +20 + Net pricing + FX Volume Inflation -10 Q1 2025 Gross profit SG&A R&D Others Q1 2026 Daimler Truck Group | Q1 2026 Interim Results Call 9 Higher interest margin at Financial Services offset by higher loss allowances and FX 29.9 31.2 Contract vol. in bn Euro - 5.1 7.3 Adj. ROE in % - Adj. EBIT 55 in mn Euro - 6 -12 39 FX -1 FX +6 FX -13 -11 - Recoveries FX Higher loss allowances + Margin Q1 2025 Gross profit SG&A Others Q1 2026 Daimler Truck Group | Q1 2026 Interim Results Call 10 Negative Free Cash Flow driven by significantly lower sales volumes and inventory build due to strong order intake - in mn Euro - Free Cash Flow 1 Industrial Business Net Industrial Liquidity 1 0 7,143 -32 -51 -445 33 7,670 -445 Q1 2025 Q1 2026 Q4 2025 FCF IB Dividends Buyback Other Q1 2026 1 Of continuing and discontinued operations Daimler Truck Group | Q1 2026 Interim Results Call 11 Q1 2026 Interim Results Call #1 Business Update #2 Outlook #3 Appendix Market assumptions 2026 Heavy-duty truck market 2026 North America 250 - 290k units EU30 290 - 330k units Daimler Truck Group | Q1 2026 Interim Results Call 13 Daimler Truck segment guidance 2026 and soft guidance Q2 2026 Unit sales 1 - in k units - Adjusted ROS/ROE 1 - in % - FY 2025 Guidance 2026 FY 2025 Guidance Soft guidance Q2 2026 Q1 2026 2026 Trucks North America Mercedes-Benz Trucks 142 150 - 170 147 150 - 170 10.7 6 - 8 Upper end of FY guidance corridor 8.6 Lower half of FY guidance corridor 5.1 Upper end of FY guidance corridor 5.4 6.2 6 - 8 Daimler Buses 27 25 - 30 10.0 8 - 10 Financial Services 2 6.1 6 - 8 1 Due to the deconsolidation of Mitsubishi Fuso Truck and Bus Corporation (Mitsubishi Fuso) and its fully consolidated subsidiaries on April 01, 2026, and the associated focus on continuing operations for internal management and reporting, an outlook for discontinued operations and the former Trucks Asia segment for 2026 financial year is generally omitted. The outlook for the 2026 financial year therefore relates to continuing operations. 2 Adjusted ROE Daimler Truck Group | Q1 2026 Interim Results Call 14 Q1 2026 Interim Results Call #1 Business Update #2 Outlook #3 Appendix Daimler Truck Group and Industrial Business Guidance 2026 Group FY 2025 Guidance 2026 1 Adjusted EBIT 3.5bn Euro 3.2 - 3.7bn Euro IB Unit sales 315k units 330 - 360k units Revenue 42.1bn Euro 42 - 46bn Euro Adjusted ROS 7.9% 6 - 8% FCF 1.8bn Euro 2 2.7 - 3.2bn Euro 2,3 1 Due to the deconsolidation of Mitsubishi Fuso Truck and Bus Corporation (Mitsubishi Fuso) and its fully consolidated subsidiaries on April 01, 2026, and the associated focus on continuing operations for internal management and reporting, an outlook for discontinued operations and the former Trucks Asia segment for 2026 financial year is generally omitted. The outlook for the 2026 financial year therefore relates to continuing operations. 2 Includes the sum of continued and discontinued activities. 3 Includes the expected cash-in from the strategic Fuso Hino transaction. Daimler Truck Group | Q1 2026 Interim Results Call 16 Q1/25 - Q1/26 Incoming orders and unit sales by segment - in units - Trucks North America Mercedes-Benz Trucks Daimler Buses 7,964 7,315 7,027 7,027 6,206 6,443 5,939 5,196 5,431 4,972 48,987 47,095 44,794 37,839 36,804 35,818 35,299 34,486 30,645 33,131 52,293 38,992 38,580 34,017 31,740 30,225 29,432 26,168 13,842 59,195 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 119% 74% 81% 100% 128% 142% 105% 92% 107% 120% 201% 154% 87% 36% 81% BTB ratio Unit sales Incoming orders Daimler Truck Group | Q1 2026 Interim Results Call 17 Q1/25 - Q1/26 IB performance: Revenue by segment - in mn Euro - Daimler Truck Industrial Business Reconciliation 9,695 9,142 10,617 10,821 10,921 -534 -557 -589 -690 -544 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Trucks North America Mercedes-Benz Trucks Daimler Buses Financial Services 5,407 5,616 5,086 4,235 3,996 3,838 4,826 4,886 4,409 4,605 1,759 1,335 1,467 1,402 1,243 891 853 856 876 839 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Daimler Truck Group | Q1 2026 Interim Results Call 18 Q1/25 - Q1/26 IB performance: EBIT by segment - in mn Euro - Daimler Truck Industrial Business Reconciliation 702 600 631 513 460 376 253 -88 -115 -149 -119 -89 -89 -113 -160 -185 952 1,023 998 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 -226 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Adj. ROS 9.6% 9.2% 6.2% 6.4% 5.0% Revenue 10,617 10,821 9,695 10,921 9,142 -534 -557 -589 -690 -544 Trucks North America Mercedes-Benz Trucks Daimler Buses Financial Services 773 778 657 283 283 319 238 203 225 233 51 55 41 48 46 54 39 39 20 23 370 391 126 126 145 147 136 137 107 107 504 254 257 300 307 209 187 189 10 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q1/25 -158 Q2/25 Q3/25 Q4/25 Q1/26 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Adj. ROS 14.4% 12.9% 6.4% 7.2% 5.4% 5.4% 5.9% 6.5% 7.0% 5.1% 9.4% 10.0% 9.8% 10.7% 8.6% Adj. ROE 7.3% 3.1% 6.5% 7.3% 5.1% Revenue 5,407 5,086 3,996 4,235 3,838 4,409 4,826 4,886 5,616 4,605 1,335 1,467 1,402 1,759 1,243 891 853 856 876 839 EBIT Adjusted EBIT Daimler Truck Group | Q1 2026 Interim Results Call 19 Q1 2026 Net profit - in mn Euro - 16 307 292 149 -158 Q1 26 EBIT Interest income/expense Q1 26 Profit before income taxes Income taxes Q1 26 Net profit Daimler Truck Group | Q1 2026 Interim Results Call 20

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