TRATON SE — Investor Presentation 2021

Jul 28, 2021

2021 HALF-YEAR FINANCIAL REPORT

MATTHIAS GRÜNDLER, CEO | CHRISTIAN SCHULZ, CFO

Munich, 7-28-2021

7-28-2021 1

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.

AGENDA

01. H1 2021

• 02. Outlook
• 03. Back up
• a. TRATON GROUP
• b. Segment Industrial Business
• c. Segment Financial Services
• d. Appendix

FIRST HALF 2021: SUMMARY & HIGHLIGHTS

2021

• Business recovery accelerated, despite a still challenging environment
• Incoming orders for trucks (> 6t) in all regions substantially up to 147,199 units; highest level ever in a half-year for TRATON GROUP
• Unit sales of trucks (> 6t) in all regions rose substantially to 108,665 units 2021
• MAN Truck & Bus booked €672 mn of repositioning expenses
• Adjusted operating result significantly up to €1,128 mn
• Adjusted RoS substantially improved to 8.3%
• Strict cost management
• Net cash flow in Industrial Business increased to €527 mn
• TRATON GROUP boosts investment in electric mobility
• MAN Truck & Bus realignment launched to improve operating result
• TRATON to increasingly focus on China with future strategy
  • TRATON successfully completes Navistar merger
  • The TRATON GROUP, Daimler Truck and Volvo Group plan to pioneer a European high-performance charging network for heavy-duty trucks

SECOND QUARTER 2021: KEY FIGURES FOR TRATON GROUP

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BUSINESS RECOVERY ACCELERATED

SALES REVENUE AND ADJUSTED OPERATING RESULT ABOVE PRE-COVID-19 LEVEL IN H1 21

SALES REVENUE AND OPERATING RESULT SIGNIFICANTLY INCREASED

Note: Percentage change calculated YoY, H1 2021 vs. H1 2020.

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BROAD BASED RECOVERY IN DEMAND

	Q2 2021	Q2 2020	+/-	Q2 2021	Q2 2020	+/-	Q2 2021	Q2 2020	+/-
Trucks and buses (units)
Incoming orders	38,493	13,602	183%	35,344	14,094	151%	15,379	5,658	172%
of which trucks1	37,412	13,369	180%	34,260	12,814	167%	14,176	4,627	206%
of which buses	1,081	233	364%	1,084	1,280	-15%	1,203	1,031	17%
Unit sales	26,196	12,253	114%	23,954	13,496	77%	16,022	6,027	166%
of which trucks1	25,249	11,050	128%	22,913	12,471	84%	14,599	5,035	190%
of which buses	947	1,203	-21%	1,041	1,025	2%	1,423	992	43%
	• South America	Strong incoming orders of trucks in all regions; especially in the EU27+3 region and		• Russia	Incoming orders of trucks severely up; strong increases in the EU27+3 region and		• •	Incoming orders of trucks severely up; strong increases in Brazil, Argentina and Chile Unit sales of trucks severely

• Unit sales of trucks severely up; strong increases in the EU27+3 region and Russia

• Unit sales of trucks severely up; strong increases in the EU27+3 region and Brazil

up; strong increases in Brazil

and Chile

NET CASH FLOW WITH STRONG FIRST HALF 2021

1 Before proceeds of €1,978 mn from the disposal of the Power Engineering business.

2 Includes €101 mn from the disposal of parts of the RMMV Joint Venture and €114 mn repayment for amounts and interest resulting from security deposits provided in Brazil.

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TRATON SUCCESSFULLY COMPLETES NAVISTAR MERGER

LEADING GLOBAL BRANDS WITH STRATEGIC ALLIANCE PARTNERS

NAVISTAR INTERNATIONAL – AT A GLANCE

Source: Company information, figures for FY 2020 as of October 31, 2020 / for FY 2019 as of October 31, 2019. 1 Adjusted EBIT: Calculated as adjusted EBITDA – depreciation and amortization.

2 Includes Love's Travel Stop and Speedco service partner locations in North America.

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ACQUISITION RATIONALE – CREATION OF A GLOBAL CHAMPION

Access more than 75% of global truck market profit pools

Deliver on Global Champion Strategy

Capitalize on a successful strategic alliance to leverage powertrain components

Achieve a well-balanced and global footprint with complementary geographies

RESTORING NAVISTARS MARKET SHARE

Navistar HDT market share development over time (combined class 8)

NAVISTAR WITH ACCESS TO THE LARGEST DISTRIBUTION AND SERVICE NETWORK IN NORTH AMERICA

• ►Largest dealer network in North America.
• ►> 1000 locations with 7,500 service bays and 8,500 technicians.
• ►Service partnership with Love's Travel Stops – Industry's largest and leading service network.
• ►Love's service centers open 24/7.
• ►Position to be industry leader in Uptime, and minimize customer downtime.

TRATON SECURED FINANCING AT ATTRACTIVE RATES

	Instrument	Signing/Settlement date	Volume
Inter company	Volkswagen loan1	November 07, 2020	€2,750 mn
	Total		€2,750 mn
	Schuldschein (SSD)	March 03, 2021	€700 mn
External	Inaugural Bond	March 24, 2021	€3,000 mn
funding
	Total		€3,700 mn
	Total	Interest <1%	€6,450 mn

1 Currently undrawn. Term loan was reduced in May 2021 from €3.3 bn to €2.75 bn on better net cash flow development.

OUR BRANDS FOCUS ON E-MOBILITY LEADERSHIP

SINCE 2020

Common modular electric powertrain toolkit, used in the first series produced all-electric city buses from Scania and MAN.

BY 2025

Electrified vehicles will account for around 10% of Scania's total vehicle sales volumes in Europe. Half of MAN's new buses will run on alternative drives.

BY 2030

Electrified vehicles will account for 50% of Scania's total vehicle sales volumes. At least 60% of MAN's delivery trucks and 40% of long-haul trucks will be emissionfree.

TRATON GROUP, DAIMLER TRUCK AND VOLVO GROUP PLAN TO PIONEER A EUROPEAN HIGH-PERFORMANCE CHARGING NETWORK FOR HEAVY-DUTY TRUCKS

Martin Daum, CEO Daimler Truck | Matthias Gründler, CEO TRATON GROUP | Martin Lundstedt, President and CEO Volvo Group

• ► Development of a public charging network for battery-electric heavy trucks and long-distance coaches planned.
• ► Within five years, at least 1,700 high-capacity charging points powered by green electricity are to be created.
• ► In this way, Europe's three leading commercial vehicle manufacturers are supporting the EU in its sustainability goals, especially in heavy-duty long-distance trucking.
• ► Charging points will be compatible with vehicles of all brands.
• ► Non-binding agreement lays the foundation of a future joint venture - equally owned by the three parties, planning to start operations in 2022.
• ► Joint investment of €500 mn every OEM with equal rights & responsibilities.

ELECTRIFICATION HAS ALREADY STARTED

Order intake and unit sales of fully electric vehicles, H1 2021

units	Order Intake	Unit Sales
TRATON GROUP	628	497
Trucks (incl. MAN TGE)	529	463
Trucks Scania	75	11
Trucks MAN	1	2
MAN TGE	453	450
Buses	99	34
Bus Scania	24	0
Bus MAN	75	34

AGENDA

01. H1 2021

02. Outlook

• 03. Back up
• a. TRATON GROUP
• b. Segment Industrial Business
• c. Segment Financial Services
• d. Appendix

UNCHANGED POSITIVE TRUCK MARKET OUTLOOK, BUT RISKS REMAIN

Truck market expectations (˃ 6t, k units)

Source: Historical data based on own calculations and estimates. 1 EU27+3 region (EU27 countries without Malta, plus the United Kingdom, Norway, and Switzerland) 2 Includes estimates from different institutes, companies, and data/information services.

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TRATON OUTLOOK 2021 – RECOVERY AFTER STRONG DECLINE

	FY 2019	FY 2020	FY 2021 Outlook April 191	FY 2021 Outlook 281 July
Unit sales	242.2 k +4%	190.2 k -21%	Sharp increase	Sharp increase
Group sales revenue	€26.9 bn +4%	€22.6 bn -16%	Substantial increase	Substantial increase
Operating return on sales & operating result2	7.0% €1.9 bn	0.4% €81 mn	5.0 – 7.0%	5.0 – 7.0% upper area achievable
3 Net cash flow (Industrial Business)	4 €2,711 mn	€676 mn	€500 – 700 mn	€500 – 700 mn upper area achievable

1 Before expenses for restructuring measures for the repositioning at MAN Truck & Bus and before effects from the merger with Navistar International Corporation. 2 FY 2019: adjusted RoS 7.0%, adjusted operating result €1.9 bn; FY 2020: adjusted operating RoS 0.6%, adjusted operating result €135 mn 3 The cash conversion rate for 2021 is no longer considered a meaningful indicator due to the restructuring of MAN Truck & Bus. Instead, TRATON is reporting net cash flow in the Industrial Business segment as a key performance indicator. 4 Net cash flow of €733 mn before proceeds of €1,978 mn from the disposal of the Power Engineering business; includes €101 mn from the disposal of parts of the RMMV Joint Venture and €114 mn repayment for amounts and interest resulting from security deposits provided in Brazil.

TRATON WITH A SOLID START IN THE FIRST HALF 2021

GLOBAL ECONOMY

clearly recovering, but still challenging year due to uncertainties and severe impacts from COVID-19 pandemic

SUCESSFUL COMPLETION OF NAVISTAR MERGER

start of post merger integration; first combined financials available with 9M 2021 Interim Statement

MAN REALIGNMENT

measures to significantly improve operating result; planned disposal of Steyr plant; introduction of new truck generation concluded in 2021; merger squeeze-out of MAN SE shareholders

POWERTRAIN INTRODUCTION ACROSS BRANDS

start of introduction of the Common Base Engine (CBE) in Q4 2021

BUSINESS CLIMATE

truck markets in core regions recovering, but not yet reaching pre-pandemic level in Europe

NEW TRUCK LINES

well invested into the future – strong position with new truck lines in all brands

FOCUS ON E-MOBILTY LEADERSHIP

further speeding up of electrification; TRATON, Daimler Truck and Volvo Group plan to pioneer a European highperformance charging network for heavy-duty trucks

AGENDA

• 01. H1 2021
• 02. Outlook
• 03. Back up

a. TRATON GROUP

• b. Segment Industrial Business
• c. Segment Financial Services
• d. Appendix

GROUP – SEGMENT HIGHLIGHTS Q2 2021

Industrial Business (IB)
	Q2 2021	YoY	H1 2021	YoY
Incoming orders (units)	89,204	+168%	170,946	+96%
Unit sales (units)	66,135	+108%	126,450	+63%
Book-to-bill (units)	1.35	+30 bp	1.35	+23 bp
Sales revenue (€ mn)	6,966	+62%	13,404	+36%
Operating result (€ mn)	251	€+652 mn	355	€+620 mn
Return on sales (%)	3.6	+12.9 pp	2.7	+5.3 pp
Adjusted operating result (€ mn)	562	€+962 mn	1,028	€+1,292 mn
Adjusted return on sales (%)	8.1	+17.4 pp	7.7	+10.4 pp
Profit after tax (€ mn)	195	€+591 mn	284	€+603 mn
Net cash flow (€ mn)	130	€+309 mn	527	€+874 mn

Financial Services (FS)
	Q2 2021	YoY	H1 2021	YoY
Net portfolio1 (€ bn)			10.3	+11%
Penetration rate (%)	45	+0.0 pp	43	+1.3 pp
Sales revenue (€ mn)	214	+9%	419	+1%
Operating result (€ mn)	49	€+31 mn	100	€+55 mn
Profit after tax (€ mn)	36	€+26 mn	75	€+46 mn

• ► Market and business recovery accelerated, despite a still challenging environment in light of the COVID-19 pandemic.
• ► IB: Adjusted operating result of €562 mn due to higher sales revenue, supported by strict cost management; adjusted RoS of 8.1%.
• ► IB: Positive net cash flow of €130 mn, but partly impacted by higher inventories.
• ► FS: Operating result increased to €49 mn, mainly due to lower bad debt expenses and a larger average portfolio.

1 Reflecting closing balances, as of June 30, 2021.

Note: Q2 2021 vs. Q2 2020; H1 2021 vs H1 2020

GROUP – SALES REVENUE

Sales revenue (€ mn)

GROUP – ADJUSTED OPERATING RESULT AND ADJUSTED RETURN ON SALES

Adjusted operating result (€ mn)

1 Expenses incurred in connection with restructuring measures for the repositioning at MAN Truck & Bus in Q1 21 of €362 mn; operating result €155 mn/return on sales 2.4% and Q2 21 of €311 mn; operating result €301 mn/return on sales 4.2%. 2 Expenses incurred in connection with restructuring measures for the repositioning at MAN Truck & Bus in H1 21 of €672 mn; operating result €455 mn/return on sales 3.3%.

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AGENDA

• 01. H1 2021
• 02. Outlook
• 03. Back up
• a. TRATON GROUP
• b. Segment Industrial Business
• c. Segment Financial Services
• d. Appendix

INDUSTRIAL BUSINESS – INCOMING ORDERS

• ► Continued and even accelerated recovery is reflected most clearly in incoming orders.
• ► High demand leads to substantially increased incoming truck orders; again highest level ever in a quarter for TRATON GROUP.
• ► Truck business again strongly up across all core regions; bus business with first signs of a slight recovery.

1 Including MAN TGE vans (units in 2020: Q1 4,549/Q2: 3,888/Q3: 5,040/Q4: 5,761, units in 2021: Q1: 8,487/Q2: 8,900).

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INDUSTRIAL BUSINESS – UNIT SALES

Unit sales (units)

• ► Clear market recovery in the truck business continued in Q2 2021 and even accelerated QoQ.
• ► Trucks unit sales ex MAN TGE increased 124% YoY, with all core regions contributing to this positive development.
• ► Buses unit sales with first signs of a slight recovery (+6%) YoY, but demand for coaches came to a near standstill in all relevant markets.

1 Including MAN TGE vans (units in 2020: Q1 3,428/Q2: 2,927/Q3: 5,037/Q4: 6,243, units in 2021: Q1: 5,904/Q2: 5,378).

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INDUSTRIAL BUSINESS – UNIT SALES GROWTH IN CORE MARKETS

Truck unit sales in core markets¹ ; 2021 (units)

1 Excluding MAN TGE vans. 2 EU27+3 region (defined as the EU27 countries with the exception of Malta, plus the United Kingdom, Norway, and Switzerland). 3 Information shown might include estimates or preliminary data; for EU27+3 and Germany data collected from ACEA provisional new registrations figures May YTD as at June 24, 2021, trucks ˃ 16t; for Brazil data collected from ANFAVEA trucks ˃ 6t June YTD as at July 7, 2021; South America own estimates.

7-28-2021 32 2021 Half-Year Financial Report/Investor Relations

Growth H1 2021 (YoY) Market growth (YoY)³

INDUSTRIAL BUSINESS – SALES REVENUE AND ADJUSTED RETURN ON SALES

• ► Increase in sales revenue resulted primarily from the new vehicle business (+91% YoY), following the rise in truck unit sales.
• ► After Sales sales revenue considerably up +25% YoY (share of 19%); used vehicle and engines business sales revenue sharply up as well.
• ► Adjusted return on sales of 8.1% mainly due to positive unit sales and sales revenue development.
• ► Expenses related to the MAN Truck & Bus realignment of €311 mn in Q2 2021 (€362 mn in Q1 2021).

1 Expenses incurred in connection with restructuring measures for the repositioning at MAN Truck & Bus in Q1 21 of €362 mn; operating result €104 mn/return on sales 1.6% and Q2 21 of €311 mn; operating result €251 mn/return on sales 3.6%. 2 Expenses incurred in connection with restructuring measures for the repositioning at MAN Truck & Bus in H1 21 of €672 mn; operating result €355 mn/return on sales 2.7%.

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INDUSTRIAL BUSINESS – LEVERAGE RATIOS

Note: Industrial Business net liquidity/net financial debt per FY 2019: €1,500 mn, Q1 2020: €-162 mn, H1 2020: €-376 mn, 9M 2020: €-727 mn, FY 2020: €27 mn, Q1 2021: €397 mn, H1 2021: €181 mn.

1 For Industrial Business: calculated as net liquidity/net financial debt divided by book value of equity.

2 For Industrial Business: calculated as net liquidity/net financial debt divided by last twelve month adjusted EBITDA (actual quarter + last 3 quarters).

7-28-2021 34 2021 Half-Year Financial Report/Investor Relations

1. H1 2021 02. OUTLOOK 03. BACK UP

INDUSTRIAL BUSINESS – NET LIQUIDITY

Net liquidity/financial debt bridge, H1 2021 (€ mn)

SCANIA VEHICLES & SERVICES – KEY FIGURES PER QUARTER

Incoming orders (k units)

Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q 21

Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q 21

Sales revenue (€ mn) Adjusted operating result (€ mn) Adjusted return on sales (%)

Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q 21

1 Book-to-bill is defined as the ratio of trucks and bus units ordered to trucks and bus units delivered.

MAN TRUCK & BUS – KEY FIGURES PER QUARTER

Incoming orders (k units)

Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q 21

Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q 21

Q3 21 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q 21

Sales revenue (€ mn) Adjusted return on sales² Adjusted operating result (%) ² (€ mn)

Book-to-bill¹ Unit sales (k units) (ratio in units)

Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q 21

1 Book-to-bill is defined as the ratio of trucks and bus units ordered to trucks and bus units delivered

2 Expenses incurred in connection with restructuring measures for the repositioning at MAN Truck & Bus in Q1 2021 of €362 mn; operating result of €-290 mn/RoS of -11.0% and in Q2 2021 of €311 mn, operating result of €-203 mn/RoS of -7.3%

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VOLKSWAGEN CAMINHÕES E ÔNIBUS – KEY FIGURES PER QUARTER

Incoming orders (k units)

Q1 20 Q2 20 Q4 20 Q2 21 Q3 20 Q1 21 Q3 21 Q 21

Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q 21 Q3 21

Sales revenue (€ mn) Adjusted operating result (€ mn) Adjusted return on sales (%)

Book-to-bill¹ Unit sales (k units) (ratio in units) 0.97 0.94 1.02 1.23 0.91 0.96

Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q 21

1 Book-to-bill is defined as the ratio of trucks and bus units ordered to trucks and bus units delivered.

7-28-2021 38 2021 Half-Year Financial Report/Investor Relations

AGENDA

• 01. H1 2021
• 02. Outlook
• 03. Back up
• a. TRATON GROUP
• b. Segment Industrial Business
• c. Segment Financial Services
• d. Appendix

FINANCIAL SERVICES – BUSINESS RECOVERED STRONGLY

► Net portfolio and penetration rate increased in Q2 2021 QoQ and YoY.

► Book value of equity increased compared to year end to €1,097 mn (FY 2020: €961 mn).

1 Reflecting closing balances; net portfolio defined as gross portfolio less bad debt provisions; growth excl. currency effects.

2 Penetration rate on new trucks in those markets where Financial Services operates.

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FINANCIAL SERVICES – SALES REVENUE AND RETURN ON SALES

Sales revenue (€ mn) 216 ^{197 200 208 205 214} Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 +9% Return on sales (%) 205 419 Q1 21 H1 21 9M 21 FY 21 Growth YoY (%) 24.6 12.0 18.7 9.5 12.2 23.1 -5% 24.6 23.8 +1%

► Operating result increased to €49 mn in Q2 2021. Lower bad debt expenses, a larger average portfolio and higher margins positively impacted operating results while to some extent, higher operating expenses and negative currency effects were offsetting factors.

AGENDA

• 01. H1 2021
• 02. Outlook
• 03. Back up
• a. TRATON GROUP
• b. Segment Industrial Business
• c. Segment Financial Services
• d. Appendix

GROUP – INCOMING ORDERS AND UNIT SALES

INCOMING ORDERS (units)	Q1 2018	Q2 2018	Q3 2018	Q4 2018	FY 2018	Q1 2019	Q2 2019	Q3 2019	Q4 2019	FY 2019	Q1 2020	Q2 2020	Q3 2020	Q4 2020	FY 2020	Q1 2021	Q2 2021
Industrial Business	67,359	60,184	52,925	63,246	243,714	64,357	56,134	49,217	57,532	227,240	54,161	33,270	58,502	70,318	216,251	81,742	89,204
Scania V&S	29,759	22,744	19,986	24,957	97,446	26,703	22,086	17,792	22,158	88,739	20,671	13,602	25,934	32,733	92,940	36,944	38,493
MAN Truck & Bus	30,180	29,441	24,065	29,229	112,915	29,866	25,012	20,834	24,940	100,652	24,098	14,094	21,553	25,176	84,921	32,070	35,344
VWCO	7,979	8,836	9,654	10,066	36,535	8,917	10,445	11,091	10,650	41,103	9,517	5,658	11,112	12,518	38,805	12,750	15,379
Consolidation	(559)	(837)	(780)	(1,006)	(3,182)	(1,129)	(1,409)	(500)	(216)	(3,254)	(125)	(84)	(97)	(109)	(415)	(22)	(12)
Industrial Business	67,359	60,184	52,925	63,246	243,714	64,357	56,134	49,217	57,532	227,240	54,161	33,270	58,502	70,318	216,251	81,742	89,204
Trucks (excl. MAN TGE vans)	58,944	51,138	45,269	54,387	209,738	55,150	46,329	40,679	48,816	190,974	44,054	26,838	50,264	61,246	182,402	70,262	76,937
Buses	6,360	6,460	5,382	5,687	23,889	5,379	5,904	5,140	4,609	21,032	5,558	2,544	3,198	3,311	14,611	2,993	3,367
MAN TGE vans	2,055	2,586	2,274	3,172	10,087	3,828	3,901	3,398	4,107	15,234	4,549	3,888	5,040	5,761	19,238	8,487	8,900

UNIT SALES (units)	Q1 2018	Q2 2018	Q3 2018	Q4 2018	FY 2018	Q1 2019	Q2 2019	Q3 2019	Q4 2019	FY 2019	Q1 2020	Q2 2020	Q3 2020	Q4 2020	FY 2020	Q1 2021	Q2 2021
Industrial Business	53,221	58,913	54,194	66,664	232,992	57,163	66,173	55,755	63,128	242,219	45,990	31,748	49,922	62,520	190,180	60,315	66,135
Scania V&S	22,640	24,138	21,861	27,836	96,475	23,576	27,948	23,196	24,737	99,457	18,184	12,253	17,298	24,350	72,085	23,033	26,196
MAN Truck & Bus	22,066	26,974	23,001	30,515	102,556	24,972	29,056	22,482	28,377	104,887	18,166	13,496	21,881	28,130	81,673	23,363	23,954
VWCO	8,776	8,559	10,023	9,004	36,362	9,842	10,542	11,167	10,340	41,891	9,860	6,027	10,885	10,202	36,974	13,989	16,022
Consolidation	(261)	(758)	(691)	(691)	(2,401)	(1,227)	(1,373)	(1,090)	(326)	(4,016)	(220)	(28)	(142)	(162)	(552)	(70)	(37)
Industrial Business	53,221	58,913	54,194	66,664	232,992	57,163	66,173	55,755	63,128	242,219	45,990	31,748	49,922	62,520	190,180	60,315	66,135
Trucks (excl. MAN TGE vans)	46,774	50,931	47,363	57,424	202,492	49,831	56,015	47,359	52,730	205,935	38,532	25,602	40,294	51,943	156,371	51,318	57,347
Buses	5,112	6,139	5,142	6,236	22,629	4,210	6,014	5,551	5,721	21,496	4,030	3,219	4,591	4,334	16,174	3,093	3,410
MAN TGE vans	1,335	1,843	1,689	3,004	7,871	3,122	4,144	2,845	4,677	14,788	3,428	2,927	5,037	6,243	17,635	5,904	5,378

GROUP – SALES REVENUE

SALES REVENUE (€ mn)	Q1 2018	Q2 2018	Q3 2018	Q4 2018	FY 2018	Q1 2019	Q2 2019	Q3 2019	Q4 2019	FY 2019	Q1 2020	Q2 2020	Q3 2020	Q4 2020	FY 2020	Q1 2021	Q2 2021
Group	6,051	6,558	6,014	7,303	25,927	6,413	7,128	6,286	7,075	26,901	5,679	4,394	5,667	6,839	22,580	6,544	7,076
Industrial Business	5,765	6,303	5,770	7,124	24,963	6,305	7,015	6,171	6,953	26,444	5,564	4,290	5,565	6,736	22,156	6,438	6,966
Scania V&S	3,029	3,293	3,015	3,644	12,981	3,350	3,765	3,312	3,507	13,934	2,982	2,287	2,825	3,428	11,521	3,420	3,735
MAN Truck & Bus	2,443	2,751	2,453	3,168	10,815	2,615	2,908	2,467	3,098	11,088	2,267	1,812	2,487	3,092	9,659	2,645	2,763
VWCO	343	331	370	377	1,421	416	444	468	410	1,738	383	229	319	305	1,235	466	555
Other	(50)	(71)	(68)	(65)	(254)	(76)	(102)	(75)	(62)	(315)	(69)	(37)	(65)	(89)	(260)	(92)	(87)
Financial Services	179	201	193	186	760	203	216	215	215	849	216	197	200	208	820	205	214
Consolidation/Others	106	54	51	(7)	204	(95)	(104)	(100)	(93)	(392)	(101)	(93)	(98)	(104)	(396)	(99)	(103)
Group	6,051	6,558	6,014	7,303	25,927	6,413	7,128	6,286	7,075	26,901	5,679	4,394	5,667	6,839	22,580	6,544	7,076
Industrial Business	5,765	6,303	5,770	7,124	24,963	6,305	7,015	6,171	6,953	26,444	5,564	4,290	5,565	6,736	22,156	6,438	6,966
New vehicles	3,602	4,119	3,677	4,818	16,216	4,057	4,792	3,937	4,601	17,387	3,290	2,393	3,331	4,372	13,385	4,061	4,572
After Sales1	1,183	1,176	1,159	1,212	4,730	1,246	1,212	1,248	1,260	4,965	1,268	1,033	1,163	1,228	4,692	1,298	1,291
Other	981	1,008	933	1,094	4,016	1,002	1,011	986	1,094	4,092	1,006	865	1,072	1,136	4,078	1,080	1,103
Financial Services	179	201	193	186	760	203	216	215	215	849	216	197	200	208	820	205	214
Consolidation/Others	106	54	51	(7)	204	(95)	(104)	(100)	(93)	(392)	(101)	(93)	(98)	(104)	(396)	(99)	(103)

GROUP – OPERATING RESULT AND RETURN ON SALES

OPERATING RESULT (€ mn)	Q1 2018	Q2 2018	Q3 2018	Q4 2018	FY 2018	Q1 2019	Q2 2019	Q3 2019	Q4 2019	FY 2019	Q1 2020	Q2 2020	Q3 2020	Q4 2020	FY 2020	Q1 2021	Q2 2021
Group	386	477	245	405	1,513	490	585	407	401	1,884	161	(382)	162	139	81	155	301
Industrial Business	352	435	193	366	1,346	457	551	369	364	1,741	135	(400)	125	114	(26)	104	251
Scania V&S	301	317	270	319	1,207	370	458	380	297	1,506	256	(35)	198	329	748	409	451
MAN Truck & Bus	94	191	(17)	134	402	122	130	32	87	371	(78)	(310)	(27)	(139)	(553)	(290)	(203)
VWCO	6	8	4	10	28	8	10	12	26	55	12	(22)	5	(9)	(15)	33	45
Other	(49)	(81)	(65)	(96)	(291)	(43)	(48)	(55)	(46)	(191)	(55)	(34)	(51)	(67)	(206)	(4)	(42)
Financial Services	30	35	37	37	138	33	37	35	38	142	26	19	37	25	107	51	49
Consolidation/Others	5	7	15	2	28	(0)	(3)	4	(1)	(0)	0	0	0	0	0	0	0
RETURN ON SALES (%)	Q1 2018	Q2 2018	Q3 2018	Q4 2018	FY 2018	Q1 2019	Q2 2019	Q3 2019	Q4 2019	FY 2019	Q1 2020	Q2 2020	Q3 2020	Q4 2020	FY 2020	Q1 2021	Q2 2021
Group	6.4	7.3	4.1	5.5	5.8	7.6	8.2	6.5	5.7	7.0	2.8	(8.7)	2.9	2.0	0.4	2.4	4.2
Industrial Business	6.1	6.9	3.3	5.1	5.4	7.3	7.9	6.0	5.2	6.6	2.4	(9.3)	2.2	1.7	(0.1)	1.6	3.6
Scania V&S	9.9	9.6	9.0	8.7	9.3	11.0	12.2	11.5	8.5	10.8	8.6	(1.5)	7.0	9.6	6.5	12.0	12.1
MAN Truck & Bus	3.8	7.0	(0.7)	4.2	3.7	4.7	4.5	1.3	2.8	3.3	(3.4)	(17.1)	(1.1)	(4.5)	(5.7)	(11.0)	(7.3)
VWCO	1.6	2.4	1.2	2.6	2.0	2.0	2.2	2.5	6.3	3.2	3.1	(9.8)	1.5	(3.0)	(1.2)	7.0	8.0
Financial Services	16.5	17.5	19.1	19.7	18.2	16.2	17.1	16.2	17.6	16.8	12.0	9.5	18.7	12.2	13.1	24.6	23.1

GROUP – ADJUSTED OPERATING RESULT AND ADJUSTED RETURN ON SALES

ADJ. OPERATING RESULT (€ mn)	Q1 2018	Q2 2018	Q3 2018	Q4 2018	FY 2018	Q1 2019	Q2 2019	Q3 2019	Q4 2019	FY 2019	Q1 2020	Q2 2020	Q3 2020	Q4 2020	FY 2020	Q1 2021	Q2 2021
Group	386	477	360	427	1,650	490	573	407	401	1,871	161	(382)	211	144	135	516	612
Industrial Business	352	435	308	388	1,483	457	538	369	364	1,729	135	(400)	174	118	28	465	562
Scania V&S	301	317	270	319	1,207	370	458	380	297	1,506	256	(35)	247	333	802	409	451
MAN Truck & Bus	94	191	98	156	539	122	130	32	87	371	(78)	(310)	(27)	(139)	(553)	71	108
VWCO	6	8	4	10	28	8	(3)	12	26	43	12	(22)	5	(9)	(15)	33	45
Other	(49)	(81)	(65)	(96)	(291)	(43)	(48)	(55)	(46)	(191)	(55)	(34)	(51)	(67)	(206)	(48)	(42)
Financial Services	30	35	37	37	138	33	37	35	38	142	26	19	37	25	107	51	49
Consolidation/Others	5	7	15	2	28	(0)	(3)	4	(1)	(0)	0	0	0	0	0	0	0
ADJ. RETURN ON SALES (%)	Q1 2018	Q2 2018	Q3 2018	Q4 2018	FY 2018	Q1 2019	Q2 2019	Q3 2019	Q4 2019	FY 2019	Q1 2020	Q2 2020	Q3 2020	Q4 2020	FY 2020	Q1 2021	Q2 2021
Group	6.4	7.3	6.0	5.8	6.4	7.6	8.0	6.5	5.7	7.0	2.8	(8.7)	3.7	2.1	0.6	7.9	8.6
Industrial Business	6.1	6.9	5.3	5.5	5.9	7.3	7.7	6.0	5.2	6.5	2.4	(9.3)	3.1	1.8	0.1	7.2	8.1
Scania V&S	9.9	9.6	9.0	8.7	9.3	11.0	12.2	11.5	8.5	10.8	8.6	(1.5)	8.7	9.7	7.0	12.0	12.1
MAN Truck & Bus	3.8	7.0	4.0	4.9	5.0	4.7	4.5	1.3	2.8	3.3	(3.4)	(17.1)	(1.1)	(4.5)	(5.7)	2.7	3.9
VWCO	1.6	2.4	1.2	2.6	2.0	2.0	(0.6)	2.5	6.3	2.5	3.1	(9.8)	1.5	(3.0)	(1.2)	7.0	8.0
Financial Services	16.5	17.5	19.1	19.7	18.2	16.2	17.1	16.2	17.6	16.8	12.0	9.5	18.7	12.2	13.1	24.6	23.1

GROUP – ADJUSTMENTS

ADJUSTMENTS (€ mn)	FY 2016	FY 2017	Q1 2018	Q2 2018	Q3 2018	Q4 2018	FY 2018	Q1 2019	Q2 2019	Q3 2019	Q4 2019	FY 2019	Q1 2020	Q2 2020	Q3 2020	Q4 2020	FY 2020	Q1 2021	Q2 2021
OPERATING RESULT	727	1,512	386	477	245	405	1,513	490	585	407	401	1,884	161	(382)	162	139	81	155	301
Scania: Expense for antitrust proceedings	403
MAN T&B: Release of restructuring provisions		(50)
MAN T&B: Expenses in relation to India market exit					115	22	137
VWCO: Recognition and release of restructuring provisions	58								(13)			(13)
Scania V&S: Expenses in connection with the realignment of production facilities															50	4	54
MAN T&B: Expenses incurred in connection with restructuring measures for the repositioning																		362	311
OPERATING RESULT (ADJUSTED)	1,188	1,462	386	477	360	427	1,650	490	573	407	401	1,871	161	(382)	211	144	135	516	612

GROUP – BALANCE SHEET ASSETS

BALANCE SHEET - ASSETS (€ mn)	12/31/2018	3/31/2019	6/30/2019	9/30/2019	12/31/2019	3/31/2020	6/30/2020	9/30/2020	12/31/2020	3/31/2021	6/30/2021
Total assets	46,384	43,283	44,026	44,799	45,183	42,148	42,798	41,211	42,767	45,379	47,328
Noncurrent assets	25,851	27,278	27,546	27,574	28,461	27,447	27,510	27,273	28,369	28,759	29,520
Intangible assets	6,597	6,597	6,602	6,548	6,755	6,372	6,563	6,480	6,766	6,649	6,794
Property, plant, and equipment (PP&E)	5,469	6,437	6,484	6,456	6,789	6,530	6,622	6,535	6,908	6,876	6,815
Assets leased out	6,599	6,736	6,868	6,985	7,119	6,858	6,581	6,492	6,496	6,485	6,499
Equity-method investments	1,223	1,340	1,276	1,384	1,365	1,406	1,345	1,410	1,380	1,552	1,502
Other equity investments	37	50	49	49	34	35	35	51	72	136	482
Noncurrent income tax receivables	50	54	47	41	44	30	2	10	29	46	47
Deferred tax assets (DTA)	939	961	897	953	970	943	1,040	931	1,231	1,321	1,342
Noncurrent financial services receivables	4,212	4,366	4,547	4,746	4,871	4,587	4,689	4,723	4,783	5,023	5,466
Other noncurrent financial assets	63	88	99	107	130	316	359	403	435	364	244
Other noncurrent receivables	663	649	677	305	384	370	274	239	269	307	329
Current assets	20,533	16,005	16,480	17,225	16,722	14,701	15,288	13,939	14,398	16,621	17,808
Inventories	4,822	5,500	5,610	5,562	4,943	4,996	4,790	4,600	4,235	4,810	5,004
Trade receivables	2,319	2,347	2,315	2,153	2,144	1,852	1,666	1,892	1,906	2,085	2,096
Current income tax receivables	140	115	101	149	124	106	110	107	86	78	104
Current financial services receivables	2,688	2,904	3,050	2,973	3,120	2,906	2,776	2,705	2,957	2,963	3,106
Other current financial assets	6,371	1,370	402	321	338	542	441	405	453	433	496
Other current receivables	939	815	856	1,043	963	902	929	916	851	871	998
Marketable securities and investment deposits	98	100	1,477	2,907	3,178	1,783	2,005	1,105	2,105	3,655	3,955
Cash and cash equivalents	2,997	2,854	2,670	2,116	1,913	1,614	2,572	2,210	1,714	1,728	1,666
Assets held for sale	157	0	0	0	0	0	0	0	0	0	384

GROUP – BALANCE SHEET EQUITY & LIABILITIES

BALANCE SHEET - EQUITY & LIABILITIES (€ mn)	12/31/2018	3/31/2019	6/30/2019	9/30/2019	12/31/2019	3/31/2020	6/30/2020	9/30/2020	12/31/2020	3/31/2021	6/30/2021
Total equity and liabilities	46,384	43,279	44,026	44,799	45,183	42,148	42,798	41,211	42,767	45,379	47,328
Equity	16,801	13,294	13,313	13,602	14,134	13,653	13,448	12,879	13,169	13,476	13,523
Subscribed Capital	10	500	500	500	500	500	500	500	500	500	500
Capital reserves	21,331	20,841	20,841	20,841	20,241	20,275	20,295	20,295	19,995	19,995	19,995
Retained earnings	(2,064)	(5,709)	(5,573)	(5,104)	(4,150)	(4,055)	(4,422)	(4,793)	(4,479)	(4,350)	(4,529)
Accumulated other comprehensive income (OCI)	(2,478)	(2,554)	(2,704)	(2,892)	(2,727)	(3,328)	(3,166)	(3,361)	(3,078)	(2,902)	(2,444)
Equity attributable to shareholders of TRATON SE	16,799	13,078	13,065	13,345	13,865	13,393	13,207	12,642	12,939	13,243	13,522
Noncontrolling interest	2	216	248	257	270	260	240	238	230	233	1
Noncurrent liabilities	13,217	13,570	13,794	14,446	14,527	13,967	14,359	13,312	14,143	17,388	18,084
Noncurrent financial liabilities	5,449	5,575	5,553	6,010	5,966	6,018	6,447	5,534	5,914	9,121	9,970
Provisions for pensions and other post-employment benefits	1,506	1,623	1,737	1,832	1,769	1,520	1,742	1,805	1,828	1,617	1,520
Noncurrent income tax payables	122	124	124	123	125	2	2	0	0	0	0
Deferred tax liabilities	824	798	766	755	787	757	685	539	767	851	787
Noncurrent income tax provisions	16	18	17	18	17	15	62	68	105	114	124
Other noncurrent provisions	1,184	1,191	1,198	1,190	1,225	1,139	1,183	1,225	1,304	1,481	1,487
Other noncurrent financial liabilities	2,333	2,428	2,514	2,580	2,604	2,567	2,372	2,308	2,321	2,303	2,286
Other noncurrent liabilities	1,780	1,813	1,885	1,939	2,034	1,950	1,866	1,832	1,903	1,901	1,910
Current liabilities	16,366	16,415	16,920	16,750	16,522	14,528	14,991	15,020	15,455	14,515	15,722
Put options/compensation rights granted to noncontrolling interest shareholders	1,827	0	0	0	0	0	0	0	0	0	0
Current financial liabilities	5,366	6,010	6,523	6,509	6,531	5,959	6,789	6,620	6,384	4,520	4,549
Trade payables	2,969	2,927	2,863	2,682	2,472	2,470	2,219	2,478	2,769	3,276	3,298
Current income tax payables	125	136	122	142	153	137	85	95	117	122	128
Current income tax provisions	137	83	23	32	34	35	4	4	22	23	41
Other current provisions	938	905	903	902	869	815	864	892	977	1,216	1,361
Other current financial liabilities	1,620	2,688	2,889	2,881	2,837	1,542	1,419	1,442	1,561	1,502	2,230
Other current liabilities	3,263	3,666	3,597	3,601	3,626	3,569	3,612	3,489	3,626	3,856	3,872
Liabilities directly associated with assets held for sale	123	0	0	0	0	0	0	0	0	0	243

GROUP – CONDENSED INCOME STATEMENT

INCOME STATEMENT (€ mn)	FY 2018	Q1 2019	Q2 2019	Q3 2019	Q4 2019	FY 2019	Q1 2020	Q2 2020	Q3 2020	Q4 2020	FY 2020	Q1 2021	Q2 2021
Sales revenue	25,927	6,413	7,128	6,286	7,075	26,901	5,679	4,394	5,667	6,839	22,580	6,544	7,076
Cost of sales	(20,946)	(5,109)	(5,653)	(5,063)	(5,792)	(21,618)	(4,659)	(3,978)	(4,708)	(5,777)	(19,121)	(5,235)	(5,601)
Gross profit	4,981	1,304	1,474	1,223	1,282	5,284	1,020	416	960	1,063	3,459	1,310	1,475
Distribution expenses	(2,391)	(580)	(634)	(597)	(670)	(2,480)	(594)	(510)	(532)	(611)	(2,247)	(586)	(612)
Administrative expenses	(1,011)	(259)	(243)	(232)	(238)	(973)	(238)	(185)	(222)	(231)	(876)	(226)	(236)
Other operating result	(66)	24	(12)	13	27	53	(27)	(103)	(44)	(82)	(255)	(343)	(327)
Operating result	1,513	490	585	407	401	1,884	161	(382)	162	139	81	155	301
Financial result	53	17	(48)	134	(22)	81	(30)	(71)	25	(40)	(115)	81	(12)
Earnings before tax	1,566	507	537	542	379	1,965	131	(453)	187	100	(34)	236	289
Income tax	(415)	(122)	(129)	(98)	(53)	(401)	(35)	68	(56)	(65)	(89)	(108)	(65)
Earnings after tax	1,401	383	408	443	327	1,561	96	(385)	131	35	(124)	127	224

INDUSTRIAL BUSINESS – REGIONAL TRUCK UNIT SALES¹

UNIT SALES TRUCKS1 (units)	Q1 2018	Q2 2018	Q3 2018	Q4 2018	FY 2018	Q1 2019	Q2 2019	Q3 2019	Q4 2019	FY 2019	Q1 2020	Q2 2020	Q3 2020	Q4 2020	FY 2020	Q1 2021	Q2 2021
Trucks	46,774	50,931	47,363	57,424	202,492	49,831	56,015	47,359	52,730	205,935	38,532	25,602	40,294	51,943	156,371	51,318	57,347
EU28+22	27,264	29,728	26,041	33,652	116,685	31,948	34,482	25,855	28,360	120,645	20,783	12,834	19,722	28,380	81,719	24,169	24,824
thereof Germany	7,087	8,763	7,078	9,233	32,161	8,938	9,884	7,229	7,594	33,645	6,117	3,500	6,390	8,818	24,825	6,587	5,995
South America	9,487	9,736	10,402	10,826	40,451	10,398	12,670	13,750	11,532	48,350	10,865	7,214	11,345	12,859	42,283	16,956	19,871
thereof Brazil	7,034	7,360	9,013	9,496	32,903	9,226	11,506	12,543	10,163	43,438	9,649	6,271	9,337	10,481	35,738	14,489	17,434
Rest of World	10,023	11,467	10,920	12,946	45,356	7,485	8,863	7,754	12,838	36,940	6,884	5,554	9,227	10,704	32,369	10,193	12,652

1 Excluding MAN TGE vans.

2 In connection with the exit of United Kingdom on January 31, 2020, the region "EU28+2" has been referred to as region "EU27+3" since 2020 (defined as the EU27 countries with the exception of Malta, plus the United Kingdom, Norway, and Switzerland).

INDUSTRIAL BUSINESS – NET CASH FLOW & NET LIQUIDITY

NET CASH FLOW (€ mn), IB	FY 2018	Q1 2019	Q2 2019	Q3 2019	Q4 2019	FY 2019	Q1 2020	Q2 2020	Q3 2020	Q4 2020	FY 2020	Q1 2021	Q2 2021
Reported	221	1,602	182	539	389	2,711	(167)	(179)	199	824	676	397	130

NET LIQUIDITY (€ mn), IB	12/31/2019	3/31/2020	6/30/2020	9/30/2020	12/31/2020	3/31/2021	6/30/2021
Cash and cash equivalents	1,853	1,551	2,488	2,124	1,641	1,638	271
Marketable securities, investment deposits, and loans to affiliated companies	3,288	1,794	2,014	1,114	2,114	3,862	267
Gross liquidity	5,141	3,345	4,502	3,238	3,755	5,500	538
Total third-party borrowings	(3,641)	(3,507)	(4,878)	(3,965)	(3,728)	(5,103)	(357)
Net liquidity/net financial debt	1,500	(162)	(376)	(727)	27	397	181

TRATON SHARE

ISIN (International Securities Identification Number)	DE000TRAT0N7
WKN (German Security Identification number)	TRAT0N
Common code	196390065
Stock exchange	Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) & Nasdaq Stockholm (börsen)
Market segment	Regulated market (Prime Standard) of Frankfurt Stock Exchange & Large Cap segment of Nasdaq Stockholm
Bloomberg ticker	8TRA GY/8TRA SS
Reuters ticker	8TRA.DE/8TRA.ST
Shares outstanding	500.000.000
Type of share	Bearer shares / common shares
Free Float	10.28%

BONDS OUTSTANDING

Issuer	TRATON Finance Luxembourg S.A.
Guarantor	TRATON SE (Ticker: 8TRA, Country: DE)
Guarantor Ratings	Baa1 negative outlook (Moody's) / BBB stable outlook (S&P)
Issue Ratings			Baa1 (Moody's) / BBB (S&P)
Sustainability			TRATON SE features an ESG rating from ISS ESG (Prime, C+)
Format		Senior Unsecured, Bearer, Classical Global Note
Issue Date	March 24, 2021	June 14, 2021
Maturity	March 24, 2025	March 24, 2029	March 24, 2033	June 14, 2024
Tenor	4 years	8 years	12 years	3 years
Amount	€1.0 bn	€1.25 bn	€750 mn	€500 mn
Coupon	0.125%	0.750%	1.250%	0.000%
Interest payment	Annual	Annual	Annual	Annual
Offering price	99.547	99.560	99.184	100.099
Re-offer yield	0.239%	0.807%	1.324%	-0.033%
Early redemption	CoC put, 1-month par call, CoC put, 1-month par call, CoC put, 1-month par call, CoC put, 1-month par call, Clean-up call (80%), Tax call, Clean-up call (80%), Tax call, Clean-up call (80%), Tax call, Clean-up call (80%), Tax M&A call (101%) M&A call (101%) M&A call (101%)
WKN	A3KNP8 A3KNP9 A3KNQA A3KSGM
ISIN	DE000A3KNP88 DE000A3KNP96 DE000A3KNQA0 DE000A3KSGM5
Denominations/Listing	€100 k + €100 k, Regulated Market of the Luxembourg Stock Exchange

TRATON GROUP DEBT MATURITY PROFILE

As of June 30, 2021

1 Excluding €1.1 bn of IFRS 16 financial liabilities. 2 SSD = Schuldscheindarlehen

7-28-2021 55 2021 Half-Year Financial Report/Investor Relations

CONTACTS INVESTOR RELATIONS

Rolf Woller Head of Treasury & Investor Relations

+49 89 360 98 335 rolf.woller@traton.com

Ryan Campbell US-Analysts and US-Investors

+1 331 332 7280 ryan.campbell@navistar.com

Margit Hartmann Annual General Meeting, Events

+49 89 360 98 381 margit.hartmann@traton.com

Marvin Kalberlah Analysts and Investors, Consensus

+49 89 360 98 334 marvin.kalberlah@traton.com

Michael Lankes Annual General Meeting, Events

+49 89 360 98 328 michael.lankes@traton.com

Philipp Lotz Analysts and Investors, Rating, Debt Capital Markets

+49 89 360 98 283 philipp.lotz@traton.com

Thomas Paschen Analysts and Investors, Private Investors

+49 89 360 98 474 thomas.paschen@traton.com

FINANCIAL CALENDAR (EXPECTED DATES¹ )

March 22, 2021 Annual Media Conference for fiscal year 2020 May 10, 2021 3M 2021 Interim Statement June 30, 2021 Annual General Meeting July 28, 2021 2021 Half-Year Financial Report Event/Publication of

October 29, 2021 9M 2021 Interim Statement

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