MAN : Company Presentation MAN Group (as of March 2021)

Company Presentation

March 2021

• 1 The History of the MAN Group

• 2 The MAN Group Today

• 3 The Divisions

• 4 Business Developments 2020

The History of the MAN Group

Birthplace of the Diesel Engine

History

The MAN Group has twin roots:

1808:

Merger of several works in the Ruhr region

1840:	1844:
Sander'sche	Change of name to
Maschinen-Fabrik	C.Reichenbach'sche
Augsburg	Maschinenfabrik, Augsburg
1857:

Change of name to Maschinenfabrik Augsburg

1898:

Merger with Maschinenbau-Aktien-Gesellschaft Nürnberg, which was founded in 1841

1873:

Gutehoffnungshütte Actienverein (GHH)

1908:

M.A.N.

Maschinenfabrik Augsburg-Nürnberg AG

1921: GHH acquires majority share of M.A.N.

History

1986:

M.A.N. merges with GHH, renamed MAN AG, based in Munich, Germany; individual business areas restructured by industry as public limited companies.

2021:

The MAN Group is one of Europe's leading players in the commercial vehicle industry. MAN is a supplier of trucks, buses, and vans with a focus on innovative transportation solutions. The MAN Group generated sales revenue of €10.8 billion in 2020. The MAN SE has been part of the

Volkswagen Group since November 2011 and part of the TRATON GROUP since 2015.

The MAN Group Today

Company Structure

Divisions

MAN SE

MAN Truck & Bus

Revenue in 2020: €9,659 mn

MAN Latin America

Revenue in 2020: €1,235 mn

Investments

Sinotruk (25% + 1 share), Scania (17.37% of voting rights)

Shareholder Structure*

The participation of TRATON SE in MAN SE amounted to 94.36% of the share capital as of December 31, 2020

94.36% TRATON SE**

5.64% Free float

* Basis: 147,040,000 individual, no-par value shares; as of December 31, 2020 ** Shares in MAN SE are held by TRATON SE.

MAN SE Management

Executive Board and Management Board

Dr. Ing. h.c. Andreas	Dr. Martin Rabe	Christian Schenk
Tostmann	Chief Human Resources	Chief Financial Officer
Chief Executive Officer	Officer

Management Board Member only

Antonio R. Cortes President

MAN Latin America

Strategic Alignment

•  Focus on innovative transportation solutions

•  Profitable international growth

•  Consistent customer orientation

•  Continuous expansion of after-sales business

•  Technology leadership

  Sustainable value creation

MAN Corporate Values

The Divisions

MAN Truck & Bus

The largest MAN Group company and a leading supplier of commercial vehicles and transportation solutions.

•  Vans from 3.0 through 5.5 t

•  Trucks with a gross vehicle weight of 7.5 to 44 t

•  Heavy special-purpose vehicles with a gross train weight of up to 250 t

•  MAN-branded city and intercity buses, coaches, and bus chassis as well as NEOPLAN-branded luxury coaches

•  Industrial, marine, and on- and off-road engines

•  End-to-end passenger transportation and goods transportation services

MAN Latin America

One of the largest truck manufacturers in Brazil with a history spanning more than 35 years. The company is a supplier of commercial vehicles and bus chassis for growth markets, with one of the most advanced production facilities worldwide for trucks and bus chassis that are marketed under both the Volkswagen Caminhões e Ônibus and MAN brands.

•  Trucks with a gross vehicle weight of 3.5 to 31 t

•  Tractor-trucks with a gross train weight of up to 74 t

•  Bus chassis from 5 to 26 t for all uses

•  Tailor-made special-purpose vehicles

Business Developments 2020

MAN at a glance

•  Incoming orders fell significantly to €11.6 billion (2019: €13.4 billion)

•  Sales revenue down significantly on the previous year at €10.8 billion (2019: €12.7 billion)

•  Operating result declined noticeably to € - 631 million (2019: €361 million)

•  Operating return on sales decreased to - 5.8% (2019: 2.9%)

•  Positive net cash flow of €55 million (2019: €1.7 billion)

Contact

Do you have any more questions?

MAN SE

Dachauer Str. 641 80995 Munich Germany

Tel. [phone]www.corporate.man.eu