Interim Report January – March 2023

• Strong sales revenue growth in Q1 primarily driven by volume recovery in EU and NAR, up 22 percent to EUR 76 billion

• Strong increase in operating profit by 35 percent to EUR 7.1 billion before valuation effects, mainly from commodity hedging; operating return on sales before valuation effects of around 9 percent

• Operating profit of EUR 5.7 billion, operating margin stands at 7.5%

• Automotive net cash flow at EUR 2.2 billion at end of Q1 2023

• BEV deliveries rose 42 percent to 141,000 in Q1 (7 percent share of total deliveries)

• The Group continues to see strong demand, with an order backlog of 1.8 million vehicles in Western Europe alone, including 260,000 BEVs

• Guided by the Ten Point-Plan, the Group continues to systematically invest in digitization and electrification of the company, both in Europe and in global growth regions, North America and China
   

Audio Webcast and Conference Call for Investors, Analysts and Media

at 9:00 a.m. CEST hosted by

• Arno Antlitz, CFO and COO
   

followed by Q&A Session for Investors and Analysts hosted by

• Arno Antlitz, CFO and COO
   

Q&A Session for the Media

at 10:30 a.m. CEST hosted by

• Arno Antlitz, CFO and COO

> WEBCAST