Mercedes Benz : Fact Sheet Q2 2022

Fact Sheet for Q2 and H1 2022

27 July 2022

Contents

Mercedes-Benz Group
 Stock Market Information	3
 Earnings and Financial Situation	4 - 17

Information for Divisions
 Mercedes-Benz Cars	18 -	22
 Mercedes-Benz Vans	23 -	27
 Mercedes-Benz Mobility		28

The spin-off and hive-down of the Daimler commercial vehicle business was completed with the entry of the spin-off and hive-down in the Commercial Register on 9 December 2021, and the Daimler commercial vehicle business was deconsolidated.

Income and expenses in connection with the assets and liabilities of the former Daimler Trucks & Buses segment that have been spun off or are being held for sale according to IFRS 5 have been classified and reported as "discontinued operations" since the third quarter of 2021. The figures of 2021 have been adjusted accordingly, so that as of the first quarter of 2021 a division is made in continuing and discontinued operations in the Consolidated Statement of Income.

2

Stock Market Information

	Q2		Q3		Q4		Q1		Q2		Q2 : Q2			Q1 - Q2		Q1 - Q2		YTD : YTD
	2021	2021	2021	2022		2022		Change		2021	2022		Change
Earnings per share (in EUR)
basic	3.36	2.31	11.82	3.26		2.91	-13%		7.37	6.17	-16%
thereof from continuing operations	2.84	1.74	2.24	3.26		2.91	+2%		6.02	6.17	+2%
diluted	3.36	2.31	11.82	3.26		2.91	-13%		7.37	6.17	-16%
thereof from continuing operations	2.84	1.74	2.24	3.26		2.91	+2%		6.02	6.17	+2%
Average number of
shares outstanding (in millions)
(adjusted for treasury stocks)
basic	1,069.8	1,069.8	1,069.8	1,069.8		1,069.8	0%		1,069.8	1,069.8	0%
diluted	1,069.8	1,069.8	1,069.8	1,069.8		1,069.8	0%		1,069.8	1,069.8	0%
Number of shares outstanding
(at period end, in millions)	1,069.8	1,069.8	1,069.8	1,069.8		1,069.8	0%
Xetra closing price*
(at period end, in EUR)	63.06	64.25	67.59	63.81		55.22	-12%
Market capitalisation
(at period end, in billions of EUR)	67.46	68.74	72.31	68.27		59.08	-12%

* When the spin-off and hive-down of the Daimler commercial vehicle business took effect, the historical share prices were retroactively adjusted by a factor of 0.83945 for the period until 9 December 2021.

3

Key Figures of the Mercedes-Benz Group

	Q2		Q3		Q4		Q1		Q2		Q2 : Q2			Q1 - Q2		Q1 - Q2		YTD : YTD
(in millions of EUR)	2021	2021	2021	2022		2022		Change		2021	2022		Change
Revenue	43,482	40,083	43,389	34,858		36,440	-16%		84,499	71,298	-16%
thereof from continuing operations	34,124	31,647	35,240	34,858		36,440	+7%		67,006	71,298	+6%
EBIT	5,185	3,579	14,557	5,229		4,622	-11%		10,933	9,851	-10%
thereof from continuing operations	4,374	2,838	4,115	5,229		4,622	+6%		9,075	9,851	+9%
Net profit (loss), Group	3,704	2,573	12,746	3,586		3,198	-14%		8,077	6,784	-16%
thereof from continuing operations	3,139	1,964	2,477	3,586		3,198	+2%		6,609	6,784	+3%
Profit (loss) attributable to shareholders of
Mercedes-Benz Group AG	3,598	2,470	12,648	3,490		3,107	-14%		7,888	6,597	-16%
thereof from continuing operations	3,041	1,868	2,388	3,490		3,107	+2%		6,439	6,597	+2%
Free cash flow industrial business	2,586	2,249	1,961	1,216		1,417	-45%		4,396	2,633	-40%
thereof from continuing operations	2,161	3,001	1,421	1,216		1,417	-34%		3,458	2,633	-24%
R&D expenditure total	2,366	2,212	2,113	1,979		2,154	-9%		4,780	4,133	-14%
Expensed R&D costs	1,787	1,656	1,396	1,377		1,449	-19%		3,618	2,826	-22%
Capitalised development costs	579	556	717	602		705	+22%		1,162	1,307	+12%
Amortisation on capitalised development costs	544	510	506	501		506	-7%		1,047	1,007	-4%
Depreciation and amortisation*	1,852	1,713	1,599	1,611		1,615	-13%		3,668	3,226	-12%
Capital expenditure total	1,748	1,918	2,266	1,731		2,079	+19%		3,743	3,810	+2%
Investment in pp&e	1,048	1,106	1,239	855		777	-26%		2,234	1,632	-27%
Capitalised development costs	579	556	717	602		705	+22%		1,162	1,307	+12%
Financial investments and other intangible assets	121	256	310	274		597	+393%		347	871	+151%

* Including amortisation on capitalised development costs and right-of-use assets, excluding depreciation on leased assets.

4

Revenue by Segment

	Q2		Q3		Q4		Q1		Q2		Q2 : Q2			Q1 - Q2		Q1 - Q2		YTD : YTD
(in millions of EUR)	2021	2021	2021	2022		2022		Change		2021	2022		Change
Mercedes-Benz Cars	24,974	22,434	25,380	25,836		26,999	+8%		48,898	52,835	+8%
Mercedes-Benz Vans	3,669	3,546	4,122	3,687		4,107	+12%		7,067	7,794	+10%
Mercedes-Benz Mobility	6,874	6,855	7,246	6,782		6,715	-2%		13,840	13,497	-2%
Reconciliation	7,965	7,248	6,641	-1,447		-1,381	.		14,694	-2,828	.
thereof from continuing operations	-1,393	-1,188	-1,508	-1,447		-1,381	.		-2,799	-2,828	.
Mercedes-Benz Group	43,482	40,083	43,389	34,858		36,440	-16%		84,499	71,298	-16%
thereof from continuing operations	34,124	31,647	35,240	34,858		36,440	+7%		67,006	71,298	+6%

5