Equal Participation of Women and Men in Executive Positions

Alongside our voluntary commitment to promoting women in executive positions, we are bound in Germany by the "Act on the Equal Participation of Women and Men in Executive Positions in both the Private and the Public Sector" that applies to listed companies or those subject to co-determination.

As well as to Daimler AG, this act applies to Daimler Mobility AG, Mercedes-Benz AG, Daimler Truck AG, Mercedes-Benz Bank AG, Mercedes-Benz Bank Service Center GmbH, Mercedes-Benz Ludwigsfelde GmbH and EvoBus GmbH. These companies have defined their own target figures for the proportion of women on their respective supervisory boards and management bodies, as well as at the two levels below the management body in each case, while also specifying a deadline for their achievement and publishing the information in accordance with the legal requirements.

Daimler AG reports its target quotas and deadline for achievement in the annual report.

Mercedes-Benz AG, Daimler Truck AG and Mercedes-Benz Ludwigsfelde GmbH publish their targets and deadlines, as listed below, on the website of Daimler AG.

Proportion of women in management positions at Mercedes-Benz AG

The German Stock Corporation Act stipulates that the Supervisory Board of Mercedes-Benz AG shall determine targets for the proportion of women on the Supervisory Board and the Board of Management and deadlines for their achievement. For its part, the Board of Management of Mercedes-Benz AG must set such targets and deadlines for the two management levels subordinate to it.

In fulfillment of this legal obligation, on December 9, 2019 the Supervisory Board of Mercedes-Benz AG had set a target of 30 % for the proportion of women with regard to its own composition, a figure in line with the status quo existing at the time the resolution was adopted, and set December 31, 2020 as the deadline for achieving it. As of December 31, 2020, the proportion of women on the Supervisory Board of Mercedes-Benz AG was 30 %.

By resolution dated December 2, 2020, the Supervisory Board has now set a target of 30 % for the proportion of women on the Supervisory Board and a deadline of December 31, 2025.

With women making up 37.5 % of the Board of Management, the Supervisory Board of Mercedes-Benz AG, in its resolution of December 9, 2019, had set a target for the proportion of women on the Board of Management of Mercedes-Benz AG of 25 % and a deadline of December 31, 2020. As of December 31, 2020, there were three women on the eight-member Board of Management: Renata Jungo Brüngger, Sabine Kohleisen and Britta Seeger, resulting in a female share of 37.5 %.

By resolution of December 2, 2020, the Supervisory Board has now set a target of 25 % for the proportion of women on the Board of Management of Mercedes-Benz AG and a deadline of December 31, 2025.

By resolution dated November 25, 2019, the Board of Management of Mercedes-Benz AG had set targets for the proportion of women of 13.9 % at the first management level and of 15 % at the second management level below the Board of Management, based on the figures of 13.9 % for the proportion of women at the first management level and of 15 % at the second management level at the time the resolution was adopted, as well as a deadline for achieving these targets of December 31, 2020. Setting the targets at the level of the respective status quo was justified by the shortness of the first deadline. This short first deadline was deemed appropriate as a means of achieving synchronization of deadlines within the Daimler Group.

As of December 31, 2020, the proportion of women at the first management level below the Board of Management was 15.6 % and at the second management level 15.3 %.

By resolution of November 24, 2020, the Board of Management has now set a target of 20 % for the proportion of women at the first and second management levels below the Board of Management and a deadline for achieving this of December 31, 2025.

Proportion of women in management positions at Daimler Truck AG

The German Stock Corporation Act stipulates that the Supervisory Board of Daimler Truck AG shall determine targets for the proportion of women on the Supervisory Board and the Board of Management and deadlines for their achievement. For its part, the Board of Management of Daimler Truck AG must set such targets and deadlines for the two management levels subordinate to it.

In fulfillment of this legal obligation, on December 10, 2019 the Supervisory Board of Daimler Truck AG had set a target of 25 % for the proportion of women with regard to its own composition, a figure in line with the status quo existing at the time the resolution was adopted, and set December 31, 2020 as the deadline for achieving it. As of December 31, 2020, the proportion of women on the Supervisory Board of Daimler Truck AG was 25 %.

By resolution dated December 2, 2020, the Supervisory Board has now set a target of 30 % for the proportion of women on the Supervisory Board and a deadline of December 31, 2025.

With the proportion of women on the Board of Management at 0 %, the Supervisory Board of Daimler Truck AG, in its resolution of December 10, 2019, had set a target for the proportion of women on the Board of Management of Daimler Truck AG of 0 % and a deadline of December 31, 2020. As of December 31, 2020, there were no women on the seven-member Board of Management of Daimler Truck AG; the proportion of women on the Board of Management was therefore 0 % at that date.

By resolution of December 2, 2020, the Supervisory Board has now set a target of 14 % for the proportion of women on the Board of Management of Daimler Truck AG and a deadline of December 31, 2025. Effective February 1, 2021, Karin Rådström became the first woman to be appointed to the Board of Management of Daimler Truck AG.

Based on a proportion of women of 9.1 % at the first management level and 4.8 % at the second management level below the Board of Management at the time of the resolution on November 11, 2019, the Board of Management of Daimler Truck AG had set targets for the proportion of women of 9.1 % at the first management level and of 4.8 % at the second management level, as well as a deadline for achieving these targets of December 31, 2020. Setting the targets at the level of the respective status quo was justified by the shortness of the first deadline. This short first deadline was deemed appropriate as a means of achieving synchronization of deadlines within the Daimler Group.

As of December 31, 2020, the proportion of women at the first management level below the Board of Management was 7.7 %, due to a temporary reorganization and a doubly occupied position, and 6.6 % at the second management level below the Board of Management.

By resolution of November 20, 2020, the Board of Management has now set a target of 15 % for the proportion of women at both the first and second management levels below the Board of Management and a deadline for achieving this of December 31, 2025.

Proportion of women in management positions at Mercedes-Benz Ludwigsfelde GmbH

The German law relating to limited liability companies (GmbHG) stipulates that the Supervisory Board of Mercedes-Benz Ludwigsfelde GmbH shall determine targets for the proportion of women on the Supervisory Board and the Board of Management, along with deadlines for their achievement. The Board of Management of Mercedes-Benz Ludwigsfelde GmbH for its part must define such target figures and deadlines for the two management levels directly below it.

In fulfillment of this legal obligation, on December 21, 2016 the Supervisory Board of Mercedes-Benz Ludwigsfelde GmbH had set a target of 25 % for the proportion of women with regard to its own composition, a figure in line with the status quo existing at the time the resolution was adopted, and set December 31, 2020 as the deadline for achieving it. As of December 31, 2020, the proportion of women on the Supervisory Board of Mercedes-Benz Ludwigsfelde GmbH was 25 %.

By resolution dated December 16, 2020, the Supervisory Board has now set a target of 25 % for the proportion of women on the Supervisory Board and a deadline of December 31, 2025.

In its resolution of December 21, 2016, the Supervisory Board had set a target of 0 % for the proportion of women on the Board of Management, a figure in line with the status quo at the time the resolution was adopted, and a deadline of December 31, 2020. As of December 31, 2020, there were no women on the two-member Board of Management of Mercedes-Benz Ludwigsfelde GmbH; the proportion of women on the Board of Management at this time was therefore 0 %.

By resolution of December 16, 2020, the Supervisory Board has now set a target of 30 % for the proportion of women on the Board of Management of Mercedes-Benz Ludwigsfelde GmbH and a deadline of December 31, 2025.

Based on the status quo at the time the resolution was adopted on December 16, 2020, the Board of Management of Mercedes-Benz Ludwigsfelde GmbH had set targets for the proportion of women of 12.5 % at the first level of management and of 25 % at the second level of management below the Board of Management, along with a deadline of December 31, 2020. As of December 31, 2020, the proportion of women at the first management level below the Board of Management was 0 % and at the second management level 18.9 %.

The failure to meet the target for the first level of management below the Board of Management is attributable to the retirement of one female senior manager at the end of her professional career. As a consequence of a reorganization, the overall number of managers and therefore of opportunities to appoint at this level of management was reduced. This constituted a limiting factor with respect to filling management positions.

The failure to meet the target for the second level of management below the Board of Management is attributable to the departure of several female managers to join other areas of the Daimler Group or to take up positions outside Mercedes-Benz Ludwigsfelde GmbH. As a consequence of reorganization measures at this level of management, too, the overall number of managers and therefore of opportunities to appoint to management positions was reduced. This constituted a limiting factor with respect to filling management positions.

By resolution of November 18, 2020, the Board of Management has now set a target of 12.5 % for the proportion of women at the first level below the Board of Management and of 25 % at the second level of management below the Board of Management, along with a deadline of December 31, 2025.

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