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CAPITAL MARKET PRESENTATION Q3 2026 Mercedes - Benz Group AG October 28, 2026
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1 1. Strategy Execution • World premieres of the all - new GLA and new C - Class family . Electric GLC awarded German Premium Car of the Year 2027 . • All - new electric Mercedes - AMG GT SUV unveiled, first SUV developed by AMG and second vehicle on the AMG.EA architecture . Highly limited Mercedes - AMG CLE 646 Spezialanfertigung strengthens AMG’s exclusive brand positioning. • Launches of the new locally produced GLC L and GLE L in China , tailored to local customer demand. • Progressing on automated driving with NVIDIA in Germany starting 2026 and Wayve as a new technology partner . • Accelerating time - to - market of new vehicles by up to 30% by digitalizing global product development with PLM.AI. 2. Sales Development • Cars achieved record global BEV sales, up +61% YoY , driven by strong demand in Europe (+78%). Electric GLC, CLA family, GLB and GLA are sold out in Europe for the remainder of the year, with order books extending well into 2027. • Total car sales - 8% lower YoY, while ex - China up +1% YoY , supported by growth in the U.S. (+6%) and Europe (+5%). 3. Financial Performance • Cars RoS adj. at 2.5%, Vans RoS adj. at 9.4%, FS RoE adj. at 13.8% . • Group EBIT at EUR 1.8 bn and RoS at 5.8%; Free Cash Flow (IB) of EUR 0.2 bn. 4. Outlook • Cars RoS adj. updated to 2 to 3% (previously 3 to 5%), Vans RoS adj. and FS RoE adj. confirmed. • Cars CCR adj. updated to 1.2 to 1.4 (previously 1.0 to 1.2). • Group EBIT updated to at prior - year level (previously significantly above). • FCF (IB) updated to significantly below (previously slightly below) . 5. Capital Allocation • Share buyback program of up to EUR 1.0 bn started in September. Executive Summary Q3 2026 – Capital Market Presentation Q3 2026 –
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2 Building product momentum through new model launches, competitive technology stack and faster time - to - market – Mercedes - Benz – AI - powered development PLM.AI digitalizes global product development, accelerating time - to - market of new vehicles by up to 30% Automated driving Progressing on automated driving with NVIDIA in Germany starting 2026 and Wayve as a new technology partner Product launch program Advancing our product portfolio with the all - new GLA, new C - Class family, and China - fit GLC L and GLE L