Capital Market Presentation Q1 2026

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

Interim Results Call

#1

Business Update

#2

Outlook

#3

Appendix

Revenue

- in bn Euro -

Adjusted EBIT

Net profit

Group

EPS

Group

Net Industrial Liquidity1

1 Of continuing and discontinued operations Daimler Truck Group | Q1 2026 Interim Results Call 3

Revenue

• in bn Euro -

  5.0

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

Q1 2026

Development per quarter

Unit sales

105

Incoming orders

114

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;

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

Revenue

• in bn Euro -

  5.4

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

Revenue

• in bn Euro -

  5.1

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

Revenue

• in bn Euro -

  8.6

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

Contract vol.

• in bn Euro -

  5.1

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

and inventory build due to strong order intake

- in mn Euro -

Free Cash Flow1

Industrial Business

Net Industrial Liquidity1

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

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 sales1

- in k units -

Adjusted ROS/ROE1

- 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 Services2

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

Interim Results Call

#1

Business Update

#2

Outlook

#3

Appendix

Daimler Truck Group and Industrial Business

Guidance 2026

FY 2025

Guidance 20261

Adjusted EBIT 3.5bn Euro 3.2 - 3.7bn Euro

Unit sales 315k units 330 - 360k units

Revenue 42.1bn Euro 42 - 46bn Euro

Adjusted ROS 7.9% 6 - 8%

FCF 1.8bn Euro2 2.7 - 3.2bn Euro2,3

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

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

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

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