BMW : Investor presentation on the AGM 2024

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B M W A N N U A L G E N E R A L M E E T I N G 2 0 2 4

I N V E S T O R P R E S E N T A T O N .

I N V E S T O R R E L A T I O N S .

BMW AG | Annual General Meeting 2024 | Investor presentation

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B M W A G M 2 0 2 4 .

A G M - T O P I C S .

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General Topics.

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AGM - Agenda.

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Item 2 - Utilisation of unappropriated profit (dividend).

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Item 6.1-6.3 - Elections to the Supervisory Board.

Re-election of Dr hc Susanne Klatten, Stefan Quandt und Dr Vishal Sikka.

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TOP 7 - Approval of the remuneration report.

BMW AG | Annual General Meeting 2024 | Investor presentation

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B M W A G M 2 0 2 4 .

A G M - T O P I C S .

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General Topics.

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AGM - Agenda.

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Item 2 - Utilisation of unappropriated profit (dividend).

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Item 6.1-6.3 - Elections to the Supervisory Board.

Re-election of Dr hc Susanne Klatten, Stefan Quandt und Dr Vishal Sikka.

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Item 7 - Approval of the remuneration report.

BMW AG | Annual General Meeting 2024 | Investor presentation

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BMW AGM 2024.

THE BMW GROUP HAS A CLEAR FOCUS ON SUSTAINABILITY.

AMBITIOUS, TRANSPARENT CO2 TARGETS UNTIL 2030, VALIDATED BY SBTI*.

V A L I D A T E D E N V I R O N M E N T A L T A R G E T S .

• BMW Group with validated SBTi*-targets.

Life Cycle	min. -40% per car
Supply chain	Production	Use phase
Min.	-80 %	min.
-20 %	-50 %
CO per car	CO2 per car	CO per car
2	2030 vs. 2019	2
2030 vs. 2019	2030 vs. 2019

Main Levers.

• Electrification of drivetrains.
• Energy mix in the production of raw materials, parts and components.
• Reduction of the energy demand through circular

economy.

* Science Based Targets Initiative

L E A D I N G .

• We are firmly committed to the Paris climate agreement.
• Our leadership role is consistently reflected in external ESG ratings.
• BMW Group joined the "Business Ambition for 1.5°C" as the first German automotive manufacturer and is committed to becoming climate-neutralalong the value chain by 2050.
• ESG-ratings.
  MSCI: AA Leader (1.5°C aligned)
  ISS ESG: C+ Prime
  Sustainalytics: 24.8 (medium risk)

T R A N S P A R E N T .

• Comprehensive voluntary reporting on TCFD, GRI, SASB, CDP and more.
• Integrated BMW Group Report.
  Individual parts of the combined Non-financial Statement (NFS) as well as the remainder of the Combined Management Report were subjected to a reasonable assurance by PwC.
• Additional publications to increase transparency in 2023 (e.g. CDP Water, first report published 03/2024).
• Advocacy.
  Easily accessible information on lobbying activities through the website https://www.bmwgroup.com /en/company/interessenvertretung.html)
• EU-Taxonomy.
  Since 2022 reporting on Taxonomy aligned Capital Expenditures (CapEx), Operational Expenditures (OpEx) and Revenues.

BMW AG | Annual General Meeting 2024 | Investor presentation

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BMW AGM 2024.

ESG- AND CLIMATE-RELATED TOPICS IN THE SUPERVISORY BOARD (1).

The following reporting topics with ESG priorities were addressed in fiscal year 2023:

E N V I R O N M E N T .

• E-mobilityobjectives with risk scenarios.

• Sustainable production and energy generation using the example of the Leipzig plant.
• Energy transformation and decarbonization of BMW Group sites.

S O C I A L .

• Report on employer attractiveness, employee performance and engagement, labor availability and effects of skills shortages (report on personnel matters).

• Annual report on diversity within the BMW Group.

G O V E R N A N C E .

• Regular reporting on compliance and monitoring of the internal control system.

• Regular dealing with corporate governance.

E S G O V E R A R C H I N G T O P I C S .

• Sustainability in the supply chain, including risk scenarios.

• Perception regarding sustainability of the BMW Group and its brands.
• PwC report on European Sustainability Reporting Standards.
• Report as part of the non-financial statement in the CSRD sustainability report and in the auditor's report.
• ESG risks, including climate risks, in the risk report.

BMW AG | Annual General Meeting 2024 | Investor presentation

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BMW AGM 2024.

ESG- AND CLIMATE-RELATED TOPICS IN THE SUPERVISORY BOARD (2).*

March.

ESG ESG target achievement for Executive Board remuneration

ESG Report on the achievement of the ESG KPIs 2022 and combined Non-financialstatement ESG Sustainability perception of the BMW Group

and its brands

1. Approval of the Statement on Corporate
   Governance

September.

ESG Status of ESG target achievement

ESG	Corporate strategy and sustainability
	strategy on e-mobility and circular economy
ESG	Long-range plan of the BMW Group

1. Advanced training in e-mobility and hydrogen technology

December.

ESG Determination of ESG targets for the Executive Board remuneration 2024

1. Status of compliance and compliance management system

1. Report on personnel strategies and diversity status

1. Corporate governance / statement of compliance

July.

1. Energy transformation and decarbonization of

BMW Group locations

1. Sustainability at the Leipzig plant location (with plant tour)

ESG In-depth risk report with ESG risks

1. Report from the Audit Committee (including implementation of Supply Chain Due Diligence Act) on compliance and internal control systems

2023

October/November.

1. Training on non-financial reporting and EU taxonomy with a focus on implementation processes for CO2 reduction in the supply chain and decarbonization of the supply chain

T h e S u p e r v i s o r y B o a r d ( S B ) a n d i t s c o m m i t t e e s r e g u l a r l y a d d r e s s E S G - a n d c l i m a t e - r e l a t e d i s s u e s a n d t h u s e x e r c i s e t h e i r s u p e r v i s o r y a n d a d v i s o r y f u n c t i o n i n t h e s e s u b j e c t a r e a s a n d o n t h e a s s o c i a t e d o p p o r t u n i t i e s a n d r i s k s .

* Non-exhaustive list of topics for illustrative purposes.

BMW AG | Annual General Meeting 2024 | Investor presentation

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BMW AGM 2024.

ESG- AND CLIMATE-RELATED TOPICS IN THE SUPERVISORY BOARD (3).

E S G - R E L A T E D R E S O L U T I O N S B Y T H E

S U P E R V I S O R Y B O A R D I N 2 0 2 3 :

Setting ESG-goalsannually as part of compensation for the Board of Management (e.g. CO2 reduction of EU-Fleet, electrified vehicles, investment in training and further education, employee satisfaction, diversity within workforce) and reviewing the achievement of these ESG-goals.

Recommendations for decision-making by the Personnel Committee or resolutions by the SB.

Decision to approve longer term corporate planning and business development plan for the following year (budget) with the ESG-related objectives contained therein. Opportunities and risks arising from this are discussed meetings beforehand.

Recommendations for decision-making by the Presiding Board and resolutions by the SB.

Annual resolution on the declaration of compliance with the German

Corporate Governance Code.

Recommendations for decision-making by the Presiding Board and resolutions by the SB.

Approval of the statement on corporate governance statement.

Recommendations for decision-making by the Presiding Board and resolutions by the SB.

T R A I N I N G I N I T I A T I V E S O F T H E S U P E R V I S O R Y B O A R D I N 2 0 2 3 .

BMW Group Production - Electrified. Digital. Sustainable. Focus topic: Sustainable production and energy generation

(Plant Leipzig with plant tour, July 2023).

Deepening of e-mobility.

(September 2023).

Update Non-Financial Reporting, EU-

Taxonomy, CO2-Emissions in the supply chain of the BMW Group.

(BMW experts from various departments and Deloitte, October / November 2023).

C o n t i n u o u s m o n i t o r i n g a n d a d v i c e , s t r e n g t h e n i n g o f E S G c o m p e t e n c i e s o n t h e S u p e r v i s o r y B o a r d a n d e v o l v i n g E S G - r e l a t e d d i s c l o s u r e .

BMW AG | Annual General Meeting 2024 | Investor presentation

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B M W A G M 2 0 2 4 .

A G M - T O P I C S .

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General Topics.

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AGM Agenda.

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Item 2 - Utilisation of unappropriated profit (dividend).

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Item 6.1-6.3 - Elections to the Supervisory Board.

Re-election of Dr h.c. Susanne Klatten, Stefan Quandt und Dr Vishal Sikka.

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Item 7 - Approval of the remuneration report.

BMW AG | Annual General Meeting 2024 | Investor presentation

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BMW AGM 2024.

OVERVIEW ON THE AGENDA AND PROPOSED RESOLUTIONS.*

	Subject	Voting
Item 1	Presentation of the Company and Group Financial Statements, Management Report and	No voting
Report of the Supervisory Board
Item 2	Utilisation of unappropriated profit
Management proposal: Dividend distribution of € 6.02 per preference share and € 6.00 per common share
Item 3	Ratification of the acts of the Board of Management (collective vote)
Items 4.1-4.20	Ratification of the acts of the Supervisory Board (single vote)
Item 5	Election of the auditor
Supervisory Board proposal: Re-election of PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Frankfurt/Main
Items 6.1-6.3	Elections to the Supervisory Board
Supervisory Board proposal: Re-election of Dr hc Susanne Klatten, Stefan Quandt and Dr Vishal Sikka
Item 7	Approval of the remuneration report
	Yes	No	Abstain

• Abridged representation. The wording of the agenda items and the proposed resolutions as published in the Federal Gazette (Bundesanzeiger) on 27 March 2024 shall be authoritative.

BMW AG | Annual General Meeting 2024 | Investor presentation

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B M W A G M 2 0 2 4 .

A G M - T O P I C S .

0 1

General topics.

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AGM - Agenda.

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Item 2 - Utilisation of unappropriated profit (dividend).

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Items 6.1-6.3 - Election to the Supervisory Board

(Re-election of Dr hc Susanne Klatten, Stefan Quandt and Dr Vishal Sikka).

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Item 7 - Approval of the remuneration report.

BMW AG | Annual General Meeting 2024 | Investor presentation

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