Traton : Ergebnisse Zwischenmitteilung 9M 2022 – Präsentation Investor Relations (in Englisch), 28.10.2022

9M 2022 Interim Statement

Christian Levin, CEO | Annette Danielski, CFO

Munich, 10-28-2022

Disclaimer

This presentation has been prepared for information purposes only.

It does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of Volkswagen AG, TRATON SE, or any company of the TRATON GROUP in any jurisdiction. Neither this presentation, nor any part of it, nor the fact of its distribution, shall form the basis of, or be relied on in connection with, any contractual commitment or investment decision in relation to the securities of Volkswagen AG, TRATON SE, or any company of the TRATON GROUP in any jurisdiction, nor does it constitute a recommendation regarding any such securities.

It contains forward-looking statements and information on the business development of the TRATON GROUP. These statements and information are based on assumptions relating in particular to the TRATON GROUP's business and operations and the development of the economies in the countries in which the TRATON GROUP is active.

The TRATON GROUP has made such forward-looking statements on the basis of the information available to it and assumptions it believes to be reasonable. The forward-looking statements and information may involve risks and uncertainties, and actual results may differ materially from those forecasts. If any of these or other risks or uncertainties materialize, or if the assumptions underlying any of these statements prove incorrect, the actual results may significantly differ from those expressed or implied by such forward-looking statements and information. The TRATON GROUP will not update this presentation, particularly not the forward-looking statements. The presentation is valid on the date of publication only.

Certain financial information and financial data included in this presentation are preliminary, unaudited, and may be subject to revision. Due to their preliminary nature, statements contained in this presentation should not be unduly relied upon, and past events or performance should not be taken as a guarantee or indication of future events or performance. Financial figures might be translated from different currencies, using the exchange rate prevailing at the relevant date or for the relevant period that the relevant financial figures relate to.

All statements with regard to markets or market position(s) of TRATON SE or any affiliated company or any of its competitors are estimates based on data available to the TRATON GROUP.

IHS Markit Data referenced herein are the copyrighted property of IHS Markit Ltd. and its subsidiaries ("IHS Markit"). The IHS Markit Data are from sources considered reliable; however, the accuracy

and completeness thereof are not warranted, nor are the opinions and analyses published by IHS Markit representations of fact. The IHS Markit Data speak as of the original publication date thereof and are subject to change without notice. IHS Markit and other trademarks appearing in the IHS Markit Data are the property of IHS Markit or their respective owners.

The percentage figures shown may be subject to rounding differences. Due to different proportions and scaling in graphs, data shown in different graphs are not comparable.

10-28-2022 9M 2022 Interim Statement | Investor Relations

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Q3 2022

1. Main developments
2. Financials
3. Outlook
4. Backup

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TRATON GROUP Q3 2022 highlights

Navistar presents new global		Scania with first European pilot of fully		VWTB starts international
	autonomous vehicles carrying
integrated powertrain (CBE)			sales of e-Delivery
	commercial goods on public roads

Exhibition premiere of the near-series		VWTB begins testing the brand's		Scania announced to decarbonize
prototype of the new MAN eTruck		first autonomous truck		its supply chain by 2030

10-28-2022 9M 2022 Interim Statement | Investor Relations

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Pressures in environment remain high and dynamic

Geopolitical		Commercial vehicles		Supply chain		Inflationary
environment		business climate		bottlenecks		pressure

Ukraine war continuing	Robust truck demand: High	Semiconductor shortage	Continued pressure from
with spill-over effects on	activity, long lead times and	gradually easing but risks	broad-based increase of
global economic activity	strong replacement needs	remain high	procurement prices
Key economies entering	Tight used truck market,	Supply situation in raw	Significant interest rate
recession, posing high	prices continue on high	materials and pre-products	increases and wage
risks for industrial outlook	level	remains tight with recurrent	demands
Energy security and gas	Truck markets in Europe and	disruptions	Surging inflation putting
supply risks remain key area	North America still below	Intensified logistics	consumers, industrial goods
of concern in Europe	pre-pandemic levels	capacity bottlenecks	and governments under
			strong pressure

10-28-2022 9M 2022 Interim Statement | Investor Relations

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