#1BMW GROUP INVESTOR PRESENTATION December 2021 TT D M GC 4440 BMW GROUP M W MINI ROLLS-ROYCE MOTOR CARS LTD#2WHY INVEST IN BMW? BMW MINI F ROLLS-ROYCE MOTOR CARS LTD - FIRST-CLASS INDIVIDUAL MOBILITY – We play a pioneering role in setting standards for the individual premium mobility of tomorrow. It combines pleasure and responsibility without compromise. SUSTAINABILITY - The BMW Group is a holistically sustainable company taking responsibility for sustainable future mobility. Every investment in BMW is a sustainable investment. INNOVATION & FLEXIBILITY - The BMW Group is an innovation pioneer in the automotive industry. Our business model is based on constant transformation and flexibility - successful for over 100 years. ELECTRIFICATION - Due to our flexibility and permanently transformed plants, we will have a convincing battery-electric vehicle offer covering 90% of our current market segments from 2023. - DIGITALIZATION – We set standards in the digitalization and connectivity of our vehicles and use our competitive edge in remote software upgrades. FINANCIAL PERFORMANCE - We offer financial stability due to our strong balance sheet and industry-leading credit ratings*. We set ambitious profitability and cash flow targets and are a reliable dividend payer. میرا BMW Group Investor Presentation | December 2021 *Best credit rating in Europe, second best credit rating worldwide - 2 -#3WHY INVEST IN BMW? MINI سرا ROLLS-ROYCE MOTOR CARS LTD - FIRST-CLASS INDIVIDUAL MOBILITY – We play a pioneering role in setting standards for the individual premium mobility of tomorrow. It combines pleasure and responsibility without compromise. SUSTAINABILITY - The BMW Group is a holistically sustainable company taking responsibility for sustainable future mobility. Every investment in BMW is a sustainable investment. INNOVATION & FLEXIBILITY - The BMW Group is an innovation pioneer in the automotive industry. Our business model is based on constant transformation and flexibility - successful for over 100 years. ELECTRIFICATION - Due to our flexibility and permanently transformed plants, we will have a convincing battery-electric vehicle offer covering 90% of our current market segments from 2023. DIGITALIZATION - We set standards in the digitalization and connectivity of our vehicles and use our competitive edge in remote software upgrades. FINANCIAL PERFORMANCE - We offer financial stability due to our strong balance sheet and industry-leading credit ratings'. We set ambitious profitability and cash flow targets and are a reliable dividend payer. BMW Group Investor Presentation | December 2021 *Best credit rating in Europe, second best credit rating worldwide 3#4BMW GROUP STRATEGY. THE BMW GROUP STANDS FOR FIRST-CLASS INDIVIDUAL MOBILITY AND SUSTAINED RESPONSIBILITY. WHAT for? POSITION. We take on business, environmental and societal challenges. We take responsibility for the mobility of tomorrow with a compelling offering and through sustainable management. WHAT? DIRECTION. We offer inspiring premium products for individual mobility. Today and for future generations. We ensure high profitability so we can independently shape the future of mobility. KW 8136E 0 BMW GROUP STRATEGY WHERE? STRATEGIC APPROACH. We focus on our customers and fulfil their diverse needs worldwide. We connect innovative technologies, emotional products and individual customer care to provide a unique overall experience. HOW? COOPERATION. We deliver top performance. Each of us makes a contribution, based on our values. We work hand in hand internally. and with our external partners. This is how we achieve maximum effectiveness and lead the company to shared success. BMW Group Investor Presentation | December 2021 - 4-#5ENSURE LONG-TERM SUCCESS. BMW GROUP STRATEGIC OBJECTIVES. > 10% GROUP EBT MARGIN ↑8-10% AUTO EBIT MARGIN ≥ 40% 2025 RETURN ON CAPITAL EMPLOYED IN THE AUTOMOTIVE SEGMENT ↑≥ 25% MINIMUM SHARE OF ELECTRIFIED CARS IN TOTAL DELIVERIES ↑22% PERCENTAGE OF WOMEN IN MANAGEMENT POSITIONS IN THE BMW GROUP BMW Group Investor Presentation | December 2021 This is a simplified representation. Detailed explanations of the key figures as well as the identification of the depth of the audit can be found in the respective report chapters. D' F' 2030 80% REDUCTION OF CO2 EMISSIONS PER VEHICLE IN PRODUCTION (REFERENCE YEAR 2019) 50% REDUCTION OF CO2 EMISSIONS IN THE USE PHASE OF THE VEHICLE PER KILOMETER DRIVEN (REFERENCE YEAR 2019) ↓≥20% REDUCTION OF CO2 EMISSIONS IN THE SUPPLY CHAIN (REFERENCE YEAR 2019) - 5-#6WHY INVEST IN BMW? M MINI ROLLS-ROYCE MOTOR CARS LTD FIRST-CLASS INDIVIDUAL MOBILITY - We play a pioneering role in setting standards for the individual premium mobility of tomorrow. It combines pleasure and responsibility without compromise. SUSTAINABILITY - The BMW Group is a holistically sustainable company taking responsibility for sustainable future mobility. Every investment in BMW is a sustainable investment. INNOVATION & FLEXIBILITY - The BMW Group is an innovation pioneer in the automotive industry. Our business model is based on constant transformation and flexibility - successful for over 100 years. ELECTRIFICATION - Due to our flexibility and permanently transformed plants, we will have a convincing battery-electric vehicle offer covering 90% of our current market segments from 2023. DIGITALIZATION - We set standards in the digitalization and connectivity of our vehicles and use our competitive edge in remote software upgrades. FINANCIAL PERFORMANCE - We offer financial stability due to our strong balance sheet and industry-leading credit ratings'. We set ambitious profitability and cash flow targets and are a reliable dividend payer. سیا BMW Group Investor Presentation | December 2021 Best credit rating in Europe, second best credit rating worldwide 6-#7SUSTAINABILITY IS CENTRAL TO EVERYTHING WE DO. BMW HAS PURSUED AMBITIOUS SUSTAINABILITY GOALS FOR YEARS. SUSTAINABILITY. SELECTED MILESTONES. 1973 2001 2009 2012 2020 First environmental 1st Sustainable Sustainability is We set ten manager in the Value Report automotive industry a corporate target sustainability We set ambitious CO2 reduction targets across 2021 1st Integrated Report goals for the end of the entire value chain by 2000 Sustainability is a guiding principle of the BMW Group's corporate strategy 2020 2011 Sustainability is an integral part of our procurement process and an essential purchasing criterion 2030 2020+ We are making sustainability central to the strategic direction of the BMW Group 2030 2050 Climate-neutral business model across the entire value chain FUTURE CO₂ reduction by at least 40% across the value chain BMW Group Investor Presentation | December 2021 MEV 50118 -7-#8SUBSTANTIAL CO2 REDUCTION BY AT LEAST 40% PER VEHICLE ACROSS THE ENTIRE VALUE CHAIN UP TO 2030. SUPPLY CHAIN. PRODUCTION. USE PHASE. 2030 Avoid increase of ca. +40% per vehicle and reverse trend. -20% CO2 per vehicle vs. 2019 in the supply chain. 2030 -80% substantial CO2 reduction per vehicle vs. 2019. 2021 CO2-neutral production. 2030 -50% CO2 per vehicle vs. 2019. Continued rollout of electro mobility, reduction of real emissions. BMW Group Investor Presentation | December 2021 8 -#9CO2 EU FLEET TARGET 2021 BASED ON WLTP. BMW GROUP IS CONFIDENT TO ACHIEVE CO₂ FLEET TARGETS IN 2021. CO2 g/km WLTP BMW Group Fleet EU (BMW, MINI, Rolls Royce, BMW M) Target Reconciliation NEDC to WLTP 2 NEDC 135 Actuals 2020 excluding Regulatory Factors WLTP On track to target achievement 2 125* BMW Group Fleet Target 2021 WLTP Prognosis Fleet 2021 Eco Innovations Target Achievement 2021 BMW Group Investor Presentation | December 2021 * Estimated target level BMW Group 2021. -9-#10BMW CONSIDERS THE TOTAL VALUE CHAIN OF BATTERY CELL. FROM CRADLE TO GRAVE. D5 RAW MATERIALS AND REFINING. Environmental and social standards. Raw material optimized for chemistry design. Use of recycled raw materials. Securing raw material supply. 自 CELL DESIGN AND PRODUCTION. Optimized performance/ costs based on BMW Group application. Securing production capacity. BATTERY "2ND LIFE". Cell/module/ pack design. Application on BMW Group sites. Reduction CO2 footprint. Business Models to secure markets. C RECYCLING. Cell/module/pack design to foster recyclability. Development of recycling processes with ability to close material loops. Securing recycling capacities. BMW Group Investor Presentation | December 2021 10-#11WHY INVEST IN BMW? MINI ROLLS-ROYCE MOTOR CARS LTD FIRST-CLASS INDIVIDUAL MOBILITY - We play a pioneering role in setting standards for the individual premium mobility of tomorrow. It combines pleasure and responsibility without compromise. SUSTAINABILITY - The BMW Group is a holistically sustainable company taking responsibility for sustainable future mobility. Every investment in BMW is a sustainable investment. INNOVATION & FLEXIBILITY - The BMW Group is an innovation pioneer in the automotive industry. Our business model is based on constant transformation and flexibility - successful for over 100 years. ELECTRIFICATION - Due to our flexibility and permanently transformed plants, we will have a convincing battery-electric vehicle offer covering 90% of our current market segments from 2023. DIGITALIZATION - We set standards in the digitalization and connectivity of our vehicles and use our competitive edge in remote software upgrades. FINANCIAL PERFORMANCE - We offer financial stability due to our strong balance sheet and industry-leading credit ratings. We set ambitious profitability and cash flow targets and are a reliable dividend payer. میرا BMW Group Investor Presentation | December 2021 Best credit rating in Europe, second best credit rating worldwide -11-#12OUR THREE PHASES OF TRANSFORMATION. M.GI 3315 2013 Pioneering e-mobility. BMW Group Investor Presentation | December 2021 M.FA 331E Today- Electrification across our entire portfolio. From 2025 E-mobility first: High BEV volume and the next level of digitalization. 12-#13BY 2023 90% OF OUR SEGMENTS ARE COVERED BY AT LEAST ONE BEV. OUR CLEAR E-MOBILITY ROADMAP. Phase ☐ Pioneering e-mobility Phase III Electrification across our segments 5502 ASE 3513 2013 BMW i3 MAXC 5089 BMW i8 (PHEV) MINI Electric 2019 BMW Group Investor Presentation | December 2021 2020 BMW iX3 NAC 575E BMW iX BMW X1 BEV* BMW 5 series BEV* A BMW 7 series BEV* BMW i4 2021 *Schematic illustration of future launch dates 2022 MINI Countryman BEV* 2023 13.#1410 MILLION BEVS ON THE ROAD WITHIN THE NEXT TEN YEARS. LEADING PROVIDER OF BATTERY-ELECTRIC VEHICLES. PHASE I 2020 PHASE II PHASE III Until 2025 2025-2030 0+50% BEV SALES p.a. 0+20% BEV SALES p.a. 2 MILLION BEVS delivered to customers by the end of 2025 2023 BEVS available for 90% of today's MARKET SEGMENTS BMW Group Investor Presentation | December 2021 2025 2030 BEVS will account for 50% of GLOBAL SALES 2030 BEVS available for 100% of todays MARKET SEGMETS 2030 - 14-#15SALES OF ELECTRIFIED VEHICLES ALMOST DOUBLED YTD-09/2021. GLOBAL SALES. ELECTRIFIED CARS. M.XC 722E 168 MUX 204E 192,646 FY 2020 231,575 YTD-09/2021 GLOBAL SALES YTD-09/2021. 99% XEV INCREASE OVER PREVIOUS YEAR. 12% ELECTRIFIED. EUROPEAN SALES YTD-09/2021. 101% XEV INCREASE OVER PREVIOUS YEAR. 22% ELECTRIFIED. 142,386 103,103 FY 2017 61,873 FY 2016 32,732 FY 2015 17,805 FY 2014 BMW Group Investor Presentation | December 2021 146,160 FY 2019 FY 2018 M.XC566E 15-#16THE FIRST EVER BMW iX3. iX3 IS A PIONEER FOR THE FIFTH-GENERATION OF BMW eDRIVE TECHNOLOGY. 150 kW DC/ 11 kW AC Charging (3-phase). >>> Innovation: Adaptive Recuperation. BMW Group Investor Presentation | December 2021 Homologation numbers for German market:. Highly integrated fifth-generation drivetrain unit 210 kW/286 hp electric motor, transmission and 400V electronics, free from Rare Earth Materials, 2/3 less Cobalt. 188 prismatic battery cells in 10 modules, produced with CO2-free electricity, individually housed and controlled for long life and high safety. 74 kWh (net) / 80 kWh (gross) lithium-ion-battery with modular concept for repair and 2nd life. Max. range WLTP* Economy WLTP* 460 km - 18.9 18.5 kWh/100 km 16.#17THE FIRST EVER BMW i4 - MARKET LAUNCH GETS UNDERWAY IN DECEMBER 2021 WITH TWO MODEL VARIANTS. 5TH GENERATION BMW eDRIVE WITHOUT ANY RARE EARTHS. BUILT IN MUNICH. BMW i4 M50 THE FIRST PURELY ELECTRICM PERFORMANCE CAR. UP TO 510 KM RANGE (WLTP). 400 KW/544 HP. 0 TO 100 KM/H IN 3.9 SECONDS. BMW i4 eDrive40 UP TO 591 KM RANGE (WLTP). 250 KW/340 HP. 0 TO 100 KM/H IN 5.7 SECONDS. ZERO 14 M&GC 4050E#18BMW IX-TECHNOLOGY FLAGSHIP FOR SUSTAINABLE MOBILITY. PRODUCTION OF THE FULLY-ELECTRIC BMW IX STARTED IN JULY 2021. 5TH GENERATION BMW eDRIVE - WITHOUT ANY RARE EARTHS. ELECTRIC ALL-WHEEL DRIVE WITH TWO ELECTRICALLY DRIVEN AXLES. TWO MODEL VARIANTS MEV 4003E 0 BMW iX xDrive50 UP TO 620 KM RANGE (WLTP). 385 KW/523 HP. 0 TO 100 KM/H IN 4.6 SECONDS BMW iX xDrive40 UP TO 425 KM RANGE (WLTP). 240 KW/326 HP. 0 TO 100 KM/H IN 6.1 SECONDS.#19NEUE KLASSE 2025. UNCOMPROMISINGLY ELECTRIC, DIGITAL AND CIRCULAR. ELECTRIC FIRST Uncompromisingly optimized for electric drivetrains. Aim of matching range and manufacturing cost of state-of-the-art combustion engines. DIGITAL FIRST Completely novel user experience. Even more individually configurable and bookable features. SECONDARY FIRST ID Proportion of secondary materials will be sharply increased. Focus on greatly reducing resource consumption.#20MINI IS BECOMING AN ALL-ELECTRIC BRAND IN THE EARLY 2030s. A GLOBAL BRAND WITH A WORLDWIDE FOOTPRINT. 3984 BMW Group Investor Presentation | December 2021 D M XC581E - 20 -#21TRANSFORMATION TO E-MOBILITY IS IN FULL SWING. Spartanburg high-voltage battery assembly Oxford MINI BEV Shenyang ◉ BMW iX3 BEV Leipzig ☐ battery cell coating ☐ battery modules ■ BMW i3 BEV ☐ high-voltage battery ◉ MINI Countryman BEV (2023) Regensburg ■ BMW X1 BEV (2022) battery cell coating high-voltage battery assembly (2022) Landshut e-machine housing e-machine (casting) Munich Pilot Plant E-Drive BMW i4 battery modules Dingolfing E-Powertrain Competence Center ■ BMW IX BEV BMW 7 series BEV* ■ BMW 5 series BEV* battery cell coating battery modules high-voltage battery assembly ■ e-machine Steyr Battery Cell Competence Center BMW Group Investor Presentation | December 2021 ☐ housing e-machine (machining) Product launch schedule to be announced at a later date. assembly Thailand battery modules high-voltage battery ■ assembly - 21-#22BMW CHARGING IS THE MOST COMPREHENSIVE OFFERING OF ITS KIND IN THE MARKET FOR CHARGING AT HOME AND ON THE GO. HOME CHARGING WORKPLACE CHARGING PUBLIC CHARGING don H 111 Lattestation HIGH POWER CHARGING BMW Charging IONITY Flexible Fast Charger ✓ Choose and Charge in 29 markets until 2022 ✓ BMW Wallbox 3.0 ✓ Smart partner wallbox (market-specific) ✓ Installation integrated (option) ✓ Charging portfolio for fleets: ✓ Requirement analysis for fleetoperator ✓ Hardware installation and operations ✓ Billing solutions Blueprint: BMW Employee Charging Public Charging cable (EU) ex factory Access to biggest charging infrastrucutre with > 450.000 charging points. ✓ Improved pricing logic for BMW Charging in EU decided for rollout ✓ No base fee in first year ✓ High Power Charging (HPC) ✓ Access to >350 IONITY HPC stations in EU (built up by end of 2021); 2.300 charging points in total IONITY pricing No base fee in first year BMW Group Investor Presentation | December 2021 - 22-#23THE BMW GROUP USES INDUSTRY & CROSS-INDUSTRY COOPERATION & PARTNERSHIPS TO PREPARE ITSELF FOR FUTURE TECHNOLOGIES AND BUSINESS OPPORTUNITIES. ELECTRIFICATION AND CELL TECH AUTONOMOUS DRIVING DIGITAL & MOBILITY SERVICES Solid Power northvolt CATL IONITY Baidu El apollo here HUBJECT ANSYS NAVINFO> FCA IACI RYSLER AUTOMCO LES 四维图新 umicore Tencent 腾讯 APTIV (intel) MOBILEE An Intel Company Critical Techworks 1:A BA TechWorks A BMW and Archermind Technology Company YOUR NOW Joint Venture. SAMSUNG KPIT Continental SAMSUNG SDI TrTech FREENOW \\MAGNA LAND- e.on ROVER JAGUAR BMW Group Investor Presentation | December 2021 THE RETAIL PERFORMANCE CONFANY ENCORY a joint venture of BMW Group and ALBA Graup Mobimeo SHARENOW Microsoft CHARGENOW REACHNOW 23#24WHY INVEST IN BMW? MINI ROLLS-ROYCE MOTOR CARS LTD FIRST-CLASS INDIVIDUAL MOBILITY - We play a pioneering role in setting standards for the individual premium mobility of tomorrow. It combines pleasure and responsibility without compromise. SUSTAINABILITY - The BMW Group is a holistically sustainable company taking responsibility for sustainable future mobility. Every investment in BMW is a sustainable investment. INNOVATION & FLEXIBILITY - The BMW Group is an innovation pioneer in the automotive industry. Our business model is based on constant transformation and flexibility - successful for over 100 years. ELECTRIFICATION - Due to our flexibility and permanently transformed plants, we will have a convincing battery-electric vehicle offer covering 90% of our current market segments from 2023. - DIGITALIZATION – We set standards in the digitalization and connectivity of our vehicles and use our competitive edge in remote software upgrades. FINANCIAL PERFORMANCE - We offer financial stability due to our strong balance sheet and industry-leading credit ratings. We set ambitious profitability and cash flow targets and are a reliable dividend payer. سرا BMW Group Investor Presentation | December 2021 'Best credit rating in Europe, second best credit rating worldwide - 24-#25"DIGITAL EVERYWHERE" - 10,000 COLLEAGUES IN A GLOBAL DEVELOPMENT NETWORK. MOUNTAIN VIEW LISBON PORTO MUNICH ULM BENING SHENYANG SHANGHAI NANJING TOKYO The BMW Group integrates software development directly in established vehicle development processes. BMW Group Investor Presentation | December 2021 25#26DIGITALIZATION ADDRESSES THE OVERALL COMPANY. CONSISTENT DIGITALIZATION TO EXPLOIT POTENTIALS IN ALL BUSINESS SEGMENTS. BUSINESS PROCESSES. PRODUCTS. CUSTOMER INTERACTION. SMART LOGISTICS INNOVATIVE AUTOMATION and ASSISTANCE SYSTEMS VIRTUALIZATION QUANTUM COMPUTING REMOTE SOFTWARE UPGRADE DIGITAL CUSTOMER EXPERIENCE PQ AUTOMATED DRIVING DIGITAL AFTERSALES UPGRADES CONNECTIVITY DIGITAL PERSONALISATION OF THE VEHICLE 25 CATENA-X AUTOMOTIVE NETWORK FOCUS ON CUSTOMER CENTRICITY. DIGITAL FINANCING PROCESS AT FINANCIAL SERVICES BMW Group Investor Presentation | December 2021 26#27WORLD'S LARGEST FLEET FEATURING OVER-THE-AIR UPGRADES ON THE ROAD BY THE END OF 2021. Amazon Alexa Car Integration. For more than 20 different BMW models in five countries. BMW Maps. New cloud-based navigation with significantly enhanced performance, intuitive destination entry, POI enrichment and excellent accuracy. P Connected Parking. Parking as part of optimized route planning. New: forecast of parking situation at chosen destination, consideration of the vehicle size within On-Street Parking Information. Optional digital follow-up features. Adaptive M Suspension. Automatic sensor-controlled adaption of the suspension according to the driving style and road conditions in a fraction of a second. Android Auto. III Wireless Android integration accessible via the Control Display, Navigation App within the Info Display and Head-Up Display. M&DL 3497 IconicSounds Sport. Authentic drive sound in the car's cabin via the audio system. Connected Charging. New connectivity services for more transparency about charging status, range, and optimization of route planning, including charging stops. BMW Intelligent Personal Assistant. New voice control functions, including opening the window, changing drive modes, new rules for automatically opening the driver's window based on GPS position, and a new visualization with driver/passenger orientation. eDrive Zones. Automatically switch to all-electric driving Mode when entering "Green Zones" as a contribution for a better quality of life in urban areas. and others... Over 2.5 million cars capable of installing new or upgrading existing functions over the air by end of 2021! BMW Group Investor Presentation | December 2021 -27-#28BMW OPERATING SYSTEM 8 IS THE MOST POWERFUL AND EXTENSIVE TECHNOLOGY STACK EVER CREATED BY BMW. Fast, reliable data transmission using 5G mobile technology 220 98 23 Over-the-air retrofitting: Functions on Demand 2103 98 km/h 83% Always up to date: Remote Software Upgrade km/h 11:05 D + 21.0°C More apps, greater diversity: optimized third-party integration BMW iDrive THE INTELLIGENT FUSION OF SENSING Centralised network architecture and Gigabit Ethernet BMW Digital Key Plus with ultra-wideband radio technology BMW Group Investor Presentation | December 2021 491 km 28#29THE ALL-NEW IDRIVE - READY FOR THE FUTURE. PIXEL PERFECT DESIGN INDIVIDUAL, INTUITIVE, INTELLIGENT, PROACTIVE, HIGH-RESOLUTION. PERSONAL AND NATURAL 3 4 5 6 ERTZ UIO ד 9 H - 98 INTELLIGENT AND EMPOWERING RADIO WEATHER INDEED MUNICH MENU JACCE THOMMSE CLOUDY 23 °C B N MY MODES PERSONAL SPORT EFFICIENT MY MODES PHONE 語 Off 210 CUMATE CONNECTED AND CONSTANTLY GROWING SMARTPHONE 21.0 THE ALL-NEW BMW IDRIVE. The easiest and most joyful user interaction ever built by BMW. Powered by BMW Operating System 8, the most powerful technology stack we ever created. MEDIA COM G NAV BMW Group Investor Presentation | December 2021 29.#30BMW AUTOMATED DRIVING ASSISTANCE IS STATE OF THE ART. Top View Remote Crossing traffic warning rear / front Night Vision Lane keeping assistant with active side collision protection Rear collision prevention ACC Stop & Go incl. Traffic Light Recognition Lateral parking aid Speed Limit Device Wrong Way Assist BMW Selective Beam Crossroad Assist Panorama View 3D View Approach control warning with braking function Distance information Steering and lane control assistant Remote Control Parking Top View Speed Limit Assist Speed limit and No Pass information Parking assistant Active Park Distance Control M XC 810E Current technology stack 35+ features Lane departure warning Lane change warning roll-out in 10 milllion vehicles BMW Group Investor Presentation | December 2021 30.#31YOUR NOW JV: STATE-OF-THE-ART DIGITAL MOBILITY SERVICES WITH A SIGNIFICANT CUSTOMER BASE AND COVERAGE. DAIMLER BMW GROUP FREENOW REACHNOW SHARENOW CHARGENOW FREENOW ReachNow BEAT >>moovel GMV RR in billions € n/a #DriveNow CAR 2GO Charge Now DIGITAL CHARGING SOLUTIONS 1.4 e 9M-2021 109.8 AR INTERACTIONS 97.3 0.4 10.7 in millions 51.6 0.3 3.3 0.2 55.4 CUSTOMERS* in millions 152 4 16 n/a 172 CITIES* BMW Group Investor Presentation | December 2021 *Partially data summation w/o consideration of possible redundancies. 31-#32WHY INVEST IN BMW? MINI ROLLS-ROYCE MOTOR CARS LTD - FIRST-CLASS INDIVIDUAL MOBILITY – We play a pioneering role in setting standards for the individual premium mobility of tomorrow. It combines pleasure and responsibility without compromise. SUSTAINABILITY - The BMW Group is a holistically sustainable company taking responsibility for sustainable future mobility. Every investment in BMW is a sustainable investment. INNOVATION & FLEXIBILITY - The BMW Group is an innovation pioneer in the automotive industry. Our business model is based on constant transformation and flexibility - successful for over 100 years. ELECTRIFICATION - Due to our flexibility and permanently transformed plants, we will have a convincing battery-electric vehicle offer covering 90% of our current market segments from 2023. DIGITALIZATION - We set standards in the digitalization and connectivity of our vehicles and use our competitive edge in remote software upgrades. FINANCIAL PERFORMANCE - We offer financial stability due to our strong balance sheet and industry-leading credit ratings. We set ambitious profitability and cash flow targets and are a reliable dividend payer. سیا BMW Group Investor Presentation | December 2021 Best credit rating in Europe, second best credit rating worldwide - 32.#33BMW, ROLLS-ROYCE AND BMW MOTORRAD DELIVERIES* FY 2020. DECREASE DUE TO CORONAVIRUS PANDEMIC. 2,028,841 -7.1% M 169,272 -3.4% BMW MOTORRAD MINI 292,528 -15.8% [MINI *In connection with a review of its sales practices and related reporting practices, the BMW Group has examined prior-period vehicle delivery data and ascertained that certain vehicle deliveries were not reported in the correct periods. The BMW Group has revised its vehicle delivery data retrospectively for previous years. Further information on this matter is provided in the BMW Group Report 2020, pp. 128. The BMW Group continues to develop policies and procedures relating to vehicle delivery data, whereby it is not always practicable to revise the data for prior periods. This applies in particular to minor revisions that would not have a material impact on the comparability of reporting periods. BMW Group Investor Presentation | December 2021 ROLLS 3.756 -26.4% R 33#34BMW, ROLLS-ROYCE AND BMW MOTORRAD DELIVERIES* YTD-09/2021. SIGNIFICANT INCREASE. 1,703,068 +19.3% M 156,609 +20.8% BMW MOTORRAD MINI 224,838 +8.0% [MINI *In connection with a review of its sales practices and related reporting practices, the BMW Group has examined prior-period vehicle delivery data and ascertained that certain vehicle deliveries were not reported in the correct periods. The BMW Group has revised its vehicle delivery data retrospectively for previous years. Further information on this matter is provided in the BMW Group Report 2020, pp.128. The BMW Group continues to develop policies and procedures relating to vehicle delivery data, whereby it is not always practicable to revise the data for prior periods. This applies in particular to minor revisions that would not have a material impact on the comparability of reporting periods. BMW Group Investor Presentation | December 2021 ROYCE ROLLS 4,318 +62.9% R - 34.#35BMW GROUP AUTOMOTIVE - BALANCED SALES FOOTPRINT. SIGNIFICANT INCREASE IN DELIVERIES* YTD-09/2021. 17% AMERICAS EUROPE +11.9% MAINLAND CHINA REST OF WORLD +19.7% +31.2% 330,513 units** **Sales figures including Rolls-Royce, Exceeds 100% due to rounding. 38% 35% 10% +15.6% 725,721 units** 670,964 units** 205,026 units** * In connection with a review of its sales practices and related reporting practices, the BMW Group has examined prior-period vehicle delivery data and ascertained that certain vehicle deliveries were not reported in the correct periods. The BMW Group has revised its vehicle delivery data retrospectively for previous years. Further information on this matter is provided in the BMW Group Report 2020, pp.128. The BMW Group continues to develop policies and procedures relating to vehicle delivery data, whereby it is not always practicable to revise the data for prior periods. This applies in particular to minor revisions that would not have a material impact on the comparability of reporting periods. BMW Group Investor Presentation | December 2021 35-#36BMW GROUP AUTOMOTIVE MAJOR MARKETS. DELIVERIES TO CUSTOMERS YTD-09/2021. Deliveries* of automobiles (incl. Rolls Royce) Europe thereof Germany** United Kingdom YTD-09/2021 YTD-09/2020 Change in % 725,721 648,494 +11.9 201,616 203,442 -0.9 125,813 118,625 +6.0 Americas thereof USA 330,513 251,936 +31.2 266.833 200,286 +33.2 Asia thereof China Mainland thereof BBA retail sales Rest of the World Total Thereof 835,090 705,789 +18.3 670,964 560,367 +19.7 515,777 437,549 +17.9 40,900 31,948 +28.0 1,932,224 1,638,167 +18.0 Plug-in Hybrid Electric Vehicles (PHEV) Battery Electric Vehicles (BEV) 171,887 59,688 89,443 +92.2 26,957 +121.4 *In connection with a review of its sales practices and related reporting practices, the BMW Group has examined prior-period vehicle delivery data and ascertained that certain vehicle deliveries were not reported in the correct periods. The BMW Group has revised its vehicle delivery data retrospectively for previous years. Further information on this matter is provided in the BMW Group Report 2020, pp. 128. The BMW Group continues to develop policies and procedures relating to vehicle delivery data, whereby it is not always practicable to revise the data for prior periods. This applies in particular to minor revisions that would not have a material impact on the comparability of reporting periods. ** Registrations BMW Group Investor Presentation | December 2021 36#37PREMIUM SEGMENT SHARE. TOTAL MARKET 2020. 30% 28% 27% 25% 20% 15% 14% 13% 12% 11% 11% 11% 11% 10% 10% 8% 5% World Average: 11.3% 8% 6% ...... 0% United Kingdom Germany Spain China Italy USA Canada South Korea Australia France 4% Russia South Africa Turkey Japan BMW Group Investor Presentation | December 2021 Source: Global Insight 01/2021. 37.#38BMW AND MINI RETAIL SALES DEVELOPMENT. MAINLAND CHINA 2008-2020. Share of JV Sales (through BMW Brilliance Automotive) 53% 48% in '000 units 32% 41% 43% 51% 61% 61% 61% 65% 72% 74% 77% +11.4% +16.7 % +1.7 % 516,4 456,0 463,7 +15.1% +7.0% 594,4635,8 +14.0% 723,7 +7.4% 777,4 602,2 +19.7 % 390,7 538,6 +40.3 % 384,1 455,6 326,4 316,2 +37.6 % 275,9 282,0 198,5 232,6 141,2 +86.7 % 169,0 94,4 +37.5 % 53,7 90,5 65,8 185,3 192,2 180,1 181,7 200,2 210,3 180,2 185,1 175,1 43,7 115,3 138,2 35,2 30,7 46,8 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Import JV Sales in '000 units Sales figures FY 2019. Figures not add to 100% due to rounding. BMW Group Investor Presentation | December 2021 38-#39THE BMW GROUP HAS A STRONG FOOTPRINT IN CHINA. Beijing Shenyang 曲 IIIII HIGH VOLTAGE BATTERY ASSEMBLY 2 VEHICLE PLANTS 1 ENGINE PLANT + 3 NEW VEHICLE PLANTS 4 DEVELOPMENT SITES Nanjing Chengdu Zhangjiagang Shanghai A 300+ 1ST TIER SUPPLIERS BMW Group Investor Presentation | December 2021 Hangzhou Guangzhou 5 REGIONAL OFFICES & 600+ SALES OUTLETS Page 39 39-#40GLOBAL PRODUCTION NETWORK FY 2020. OFFERING HIGH FLEXIBILITY. 8% 14% 5% 6% 6% 2% 10% 13% 16% Munich, Germany Dingolfing, Germany BMW 3, 4 series 143,758 BMW 3, 4, 5, 6, 7, 8 series 231,970 Regensburg, Germany BMW 1, 2, 3, 4 series, X1, X2 199,991 9% Leipzig, Germany Rosslyn, South Africa ■Spartanburg, USA BMW 1, 2 series, 13, 18 200,968 BMW X3 50,760 BMW X3, X4, X5, X6, X7 361,365 Dadong, China* BMW 5 series, X3 291,798 Tiexi, China* BMW 1, 2, 3 series, X1, X2 311,137 9% Oxford, UK MINI Hatch, MINI Clubman 175,984 2% Graz, Austria (Magna Steyr)** BMW 5 series 35,747 Born, Netherlands (VDL Nedcar)** Goodwood, UK MINI Convertible, MINI Countryman, BMW X1 Rolls-Royce 125,666 Assembly plants Sum *Joint venture BMW Brilliance Automotive Ltd., Shenyang BMW Group Investor Presentation | December 2021 ** Contract production 3,776 122,717 2,255,637 - 40-#41FINANCIAL SERVICES AT A GLANCE. FY 2020. BUSINESS LINES (PORTFOLIO SIZE). Global operations in ~ 60 countries. 2 2 ~ 5.6 million serviced retail contracts. CHINA EU BANK APAC 13% 18% W/O CHINA 8% CONSUMER FINANCE DEALER FINANCE MULTIMAKE FINANCE € 101.4 BN. € 16.2 BN. € 7.0 BN. FLEET INSURANCE BANKING BUSINESS 25% 36% € 13.8 BN. 4.0 MN. CONTRACTS € 12.4 BN. EMEA AMERICAS BMW Group Investor Presentation | December 2021 -41-#42BMW MOTORRAD. ONE BRAND. ONE PASSION. SIX WORLDS OF EXPERIENCE. ROADSTER. TOUR BMW Group Investor Presentation | December 2021 ADVENTURE SPORT HERITAGE. URBAN MOBILITY - 42 -#43BMW GROUP. Q3 2021 KEY FINANCIALS. BMW Group Earnings before tax - Group (in m€] EBT margin (in %) - Group Q3 2021 Q3 2020 3,417 2,464 12.4 9.4 Automotive Segment Sales (units)* 593,177 Earnings before interest and tax (EBIT) (in m€) 1,756 EBIT margin (in %) 7.8 Motorcycles Segment Change in % 38.7 +3.0% points 675,592 -12.2 1,477 6.7 +18.9 +1.1% points Sales (units)* 48,999 52,892 -7.4 Earnings before interest and tax (EBIT) (in m €) 39 45 -13.3 6.1 7.1 -1.0% points EBIT margin (in %) Financial Services Earnings before tax (EBT) (in m€) 988 * In connection with a review of its sales practices and related reporting practices, the BMW Group has examined prior-period vehicle delivery data and ascertained that certain vehicle deliveries were not reported in the correct periods. The BMW Group has revised its vehicle delivery data retrospectively for previous years. Further information on this matter is provided in the BMW Group Report 2020, pp. 128. The BMW Group continues to develop policies and procedures relating to vehicle delivery data, whereby it is not always practicable to revise the data for prior periods. This applies in particular to minor revisions that would not have a material impact on the comparability of reporting periods. BMW Group Investor Presentation | December 2021 458 - 43-#44BMW GROUP. 9M 2021 KEY FINANCIALS. BMW Group Earnings before tax - Group (in m€) EBT margin (in %) - Group 9M 2021 9M 2020 Change in % 13,153 15.9 2,962 4.3 +11.6% points Automotive Segment Sales (units)* 1,932,224 1,638,167 +18.0 Earnings before interest and tax (EBIT) (in m€) 7,945 152 EBIT margin (in %) 11.3 0.3 +11.0% points Motorcycles Segment 156,609 129,599 +20.8 Sales (units)* 323 110 Earnings before interest and tax (EBIT) (in m€) 14.3 6.4 +7.9% points EBIT margin (in %) Financial Services Earnings before tax (EBT) (in m€) 2,924 *In connection with a review of its sales practices and related reporting practices, the BMW Group has examined prior-period vehicle delivery data and ascertained that certain vehicle deliveries were not reported in the correct periods. The BMW Group has revised its vehicle delivery data retrospectively for previous years. Further information on this matter is provided in the BMW Group Report 2020, pp. 128. The BMW Group continues to develop policies and procedures relating to vehicle delivery data, whereby it is not always practicable to revise the data for prior periods. This applies in particular to minor revisions that would not have a material impact on the comparability of reporting periods. BMW Group Investor Presentation | December 2021 1,039 - 44 -#45BMW GROUP. FY 2020 KEY FINANCIALS. BMW Group Earnings before tax (EBT) - Group (in m€) EBT margin (in %) - Group Payout Ratio (in %) - Group FY 2020 5,222 5.3 32.5 FY 2019 7,118 6.8 Change in % -1.5% points -26.6 32.8 -0.3% points Automotive Segment Sales (units)* 2,325,179 2,537,504 -8.4 Earnings before interest and tax (EBIT) (in m €) 2,162 4,499 -51.9 EBIT margin (in %) 2.7 4.9 -2.2 % points Net financial assets (m €) 18,462 17,577 +5.0 Motorcycles Segment Sales (units)* 169,272 175,162 Earnings before interest and tax (EBIT) (in m€) 103 194 -3.4 -46.9 EBIT margin (in %) 4.5 8.2 -3.7 % points Financial Services Earnings before tax (EBT) (in m€) Return on Equity (in %) Penetration rate (in %) Credit loss ratio (in %) 1,725 11.2 49.8 0.21 2,272 -24.1 15.0 -3.8 % points 52.2 -2.4 % points 0.26 -0.05% points * In connection with a review of its sales practices and related reporting practices, the BMW Group has examined prior-period vehicle delivery data and ascertained that certain vehicle deliveries were not reported in the correct periods. The BMW Group has revised its vehicle delivery data retrospectively for previous years. Further information on this matter is provided in the BMW Group Report 2020, pp.128. The BMW Group continues to develop policies and procedures relating to vehicle delivery data, whereby it is not always practicable to revise the data for prior periods. This applies in particular to minor revisions that would not have a material impact on the comparability of reporting periods. BMW Group Investor Presentation | December 2021 45#46AUTOMOTIVE SEGMENT. EBIT MARGIN. EBIT margin. [in %] __8.0 11.8 10.8 9.4 9.6 9.2 9.2 8.9 7.2 4.9 Guidance for 2021 9.5% -10.5%. Mid-term target ratio: 8% -10%. 2.7 2010 2011 2012 2013** 2014 2015 2016 2017** 2018 2019 2020 2021 BMW Group Investor Presentation | December 2021 Including an increase by around 1 percentage point due to the revaluation of the provision for the ongoing EU antitrust proceedings. 2013 figures have been adjusted in accordance with IAS 8. *** Adjusted value for 2017 in accordance with IFRS 15. 46.#47CONSISTENTLY RELIABLE DIVIDEND PAYOUTS TO OUR SHAREHOLDERS. STRATEGIC TARGET PAYOUT RATIO: 30-40%- Total Dividend payout to BMW AG shareholders [in m €] 2,630 2,300 2,303 2,102 1,904 1,707 1,640 1,508 32.7 32.9 33.3 32.1 32.0 Payout ratio * [in %] 30.7 1,646 1,253 32.8 32.5 32.0 30.2 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Dividend per ordinary share [in €] 2.30 2.50 2.60 2.90 3.20 3.50 4.00 3.50 2.50 1.90 BMW Group Investor Presentation | December 2021 Payout ratio: total dividend payout to BMW AG shareholders divided by Group net profit / loss. - 47-#48THE BMW GROUP IS COMMITTED TO PLAYING A KEY ROLE IN TOMORROW'S MOBILITY. R&D Expenditure.* [in m €, HGB] R&D Ratio.** [in %, HGB] The R&D ratio is expected to remain at prior year's level in 2021. The capitalization ratio in 2021 is expected to be within a corridor of 35-40%. 8.000 7.000 6.000 5.6 5.4 5.1 4.8 4.9 5.000 4.6 4.000 6.3 6.2 5.7 5.6 5.5 7.1 6.2 6.3 6,890 3.000 6,108 6,419 6,279 5,169 5,164 4,792 4,566 2.000 3,952 3,144 3,373 2,864 2,773 2,448 1.000 2007 2008 2009 2010 2011 2012 2013*** 2014 2015 2016 HGB: German Commercial Code. | *R&D Expenditure: Research and development expenses plus capitalized research and development cost minus amortization of capitalized development costs. **R&D Ratio: R&D expenditure divided by Group revenues. | *** 2013 figures have been adjusted in accordance with IAS 8. BMW Group Investor Presentation | December 2021 2017 2018 2019 2020 Long-term target ratio: 5% -5.5%. 48.#49TIGHT MANAGEMENT OF CAPITAL EXPENDITURE TO ACHIEVE TARGET RATIO. BMW Group Capital Expenditure.* [in m €] 5.2 5.6 4.7 4.0 3.8 5.4 Capex Ratio.** [in %] We expect the capex ratio for FY-2021 to be at least on the level of the FY- 2020. 6.5 5.7 4.2 4.0 5.4 5.2 4.8 5,650 4,967 5,029 4,601 4,688 4,151 3,826 3,731 2,933 2,980 2,720 2,383 2,312 2007 2008 2009** 2010 2011** 2012 2013* *** 2014 2015 2016 Long-term target ratio: <5%. 4.0 3,922 2017 2018 2019* **** 2020 2013 figures have been adjusted in Capital Expenditure: additions to property, plant and equipment and other intangible assets (definition has been changed in 2016). ** Capital expenditure ratio: Capital expenditure divided by Group revenues. accordance with IAS 8. **** Capital expenditure - mainly for property, plant and equipment - rose to 5.65 billion euros in 2019. This reflects the recognition of right-of-use assets in the balance sheet for the first time, according to IFRS 16. BMW Group Investor Presentation | December 2021 - 49 -#50SIGNIFICANT CONTRIBUTION OF FINANCIAL SERVICES TO BMW GROUP PROFIT. Earnings before Tax (EBT) Financial Services. [in m €] 21.2 20.2 20.2 19.4 Return on Equity. [in %] 18.1 We expect the RoE for FY-2021 in a corridor of 20 and 23% clearly above the strategic target of at least 14%. 14.8 15.0 20.0 15.0 11.2 2,166 2,207 2,272 2,143 1,975 10.0 1,619 1,723 1,725 5.0 0.0 2013 2014 2015 2016 2017 2018 2019 2020 BMW Group Investor Presentation | December 2021 - 50 -#51BMW GROUP FINANCIAL SERVICES. DEVELOPMENT OF CREDIT LOSS RATIO. Credit loss ratio.* [in %] 0.46 2007 0.67 0.59 2008 2009 2010 0.49 0.50 0.48 0.46 2011 2012 2013 0.37 0.34 0.32 0.25 0.26 0.21 2014 2015 2016 2017 2018 2019 2020 * Loss Ratio: credit losses in relation to the average serviced portfolio. Credit losses: all write offs, meaning Definition Credit the lost receivable including accumulated interest and other costs less utilized collateral. Income related to the recovery process after write off is also taken into consideration. BMW Group Investor Presentation | December 2021 - 51 -#52FREE CASH FLOW. AUTOMOTIVE SEGMENT. Free Cash Flow (Automotive).* [in m €] 2,277 ساااس.. 5,792 5,404 4,459 3,395 2,713 2,567 2020 2019 2018 2017 2016 2015 4,471 3,809 3,481 3,166 3,003 2012 2013** 2014 2011** 2010 1,456 2009** 197 2008 2007 * Definition: Free cash flow corresponds to the cash inflow from operating activities of the Automobiles segment less the cash outflow for investing activities of the Automobiles segment adjusted for net investment in marketable securities and term deposits. 2009-2015 as reported, 2007 & 2008 calculated according to above definition from reported figures. No cash flow reporting on segment level in 2006. |** 2009, 2011, 2013 figures have been adjusted in accordance with IAS 8. BMW Group Investor Presentation | December 2021 Long-term target: >3 billion. -52-#53THE PERFORMANCE PROGRAMME CONTRIBUTES SUBSTANTIALLY TO OUR EARNINGS AND FREE CASHFLOW. Gerac IMPROVE SALES PERFORMANCE Steering of sales activities even more granular and in real time - at the level of sales channel, markets and models. Re-allocating volumes to markets with high contribution margins and reducing cost of retail. Worldwide rollout of all performance levers on track. OPTIMISE PRODUCT OFFER AND COMPLEXITY Reduction of drive train variants by up to 50% until 2025. Customer centric offer structure: more transparency for customers, easier vehicle configuration and better equipped base vehicle. DECREASE PROPORTIONAL AND FIXED COSTS Continuation of our measures to optimise our personnel structures and reduce costs with long-term effect. By 2025 reduction of production costs per vehicle by 25% (compared to 2019 level). OPTIMISE INVESTMENT AND WORKING CAPITAL Optimisation of product planning at early stage for efficient plant integration and investment. Increase share of modular systems with additional effects in purchasing through economies of scale. Further optimisation of working capital (e.g. in finished goods). Further development of the programme with additional content will continue to show its effects in 2022 and subsequent years. BMW Group Investor Presentation | December 2021 Agenda of the performance programme - selected examples. - 53.#54OUTLOOK 2021. 14 4354 AUTOMOTIVE Solid increase in deliveries¹ Significant increase in share of electrified vehicles in deliveries Significant decrease CO2-Emissions New Vehicle Fleet² Moderate decrease in CO2 emissions per vehicle produced³ EBIT-margin between 9,5 and 10,5% MOTORCYCLES Significant increase in deliveries EBIT-margin between 8 and 10% Significant increase in Return on capital employed5 FINANCIAL SERVICES Return on equity between 20 and 23% Including the joint venture BMW Brilliance Automotive Ltd., Shenyang (2020:602,247 units). 2EU including Norway and Iceland; since 2018 value converted WLTP (Worldwide Harmonised Light Vehicles Test Procedure) basis. BMW GROUP Significant increase in Profit before tax Slight decrease in workforce at year-end Slight increase in share of women in management positions in the BMW Group Significant increase in Return on capital Efficiency indicator calculated from Scope 1 and Scope 2 CO2 emissions (market-based method according to GHG Protocol Scope 2 Guidance. Other climate-impacting gases than CO2 not included) from employed³ vehicle production, without motorcycles, minus CHP losses divided by the total number of vehicles produced, incl. BMW Brilliance Automotive Ltd. joint venture, Shenyang, not including the vehicles from the Magna Steyr and Nedcar contract production plants. 4 Including an increase of around 1 percentage point from the partial release of the provision in conjunction with EU antitrust proceedings.. 5 Unlike the other key performance indicators, the RoCE forecast for the Automotive and Motorcycles segments is based on the change in percentage points. BMW Group Investor Presentation | December 2021 - 54 -#55DIVERSIFIED FUNDING MIX WITH A COMBINATION OF INDUSTRY AND BANK - TYPICAL FINANCING INSTRUMENTS. FUNDING INSTRUMENTS FINANCIAL DEBT AS OF FY 2020 <1yr 1yr 2yrs 3yrs 4yrs 5yrs 7yrs 10yrs+ CP (EMTN) PPS Banks loans ABCP ABS Fed Funds Customers deposits Brokered Certificate of Deposits Industry-typical instruments Bank-typical instruments Bonds BMW Group continues to target a well diversified debt structure BMW Group Investor Presentation | December 2021 Commercial paper 0.5% Other 1.2% Liabilities to banks 8.8% Liabilities from Consumer deposits 16.0% ABS 18.3% Sum: €103 bn. Bonds 55.2% 55-#56CORPORATE FINANCE ENSURES SOLVENCY AT ANY TIME. MANAGING RISK ALONG THE ENTIRE VALUE CHAIN. Ź RESEARCH & DEVELOPMENT SUPPLY CHAIN PRODUCTION للي Currencies Financial Risk Liquidity Funding Commodities Interest Rates SALES & MARKETING FINANCIAL SERVICES Asset-Management Strategic Direction Solvent Independent Flexible Value Oriented Increasing planning security Reducing earnings risk Maintaining opportunities Yield oriented Risk optimized Chances Operational Implementation BMW Group Investor Presentation | December 2021 Minimum Liquidity Concept Target Debt Structure Financing Follows Markets. Selective Approach Relative Value Natural Hedging Asset-Liability-Studies Liability-driven investment Lifecycle concept до Sustainability & Governance - 56.#57GLOBAL MARKETS ACCESS. TREASURY ORGANIZATION ENSURES 24 HOUR MARKET COVERAGE. Stand Alone Bonds Asset Backed Securities 144A/RegS Bonds 7 bn. USD CP Program Asset Backed Securities BMW Bank North America Salt Lake City 50 bn. EMTN Program 5 bn. EUR & 2 bn. French CP Program Asset Backed Securities Treasury Center Europa Den Haag BMW Bank Munich BMW Group Treasury Munich Financial and Panda Bond Asset Backed Securities Treasury Center China Beijing Stand Alone Bonds Asset Backed Securities Asset Backed Securities Stand Alone Bonds 10 bn. INR CP Program Treasury Center Asia Singapore 2.5 bn. AMTN Program Asset Backed Securities Treasury Center Amerika Woodcliff Lake Stand Alone Bonds Asset Backed Securities BMW Group Investor Presentation | December 2021 - 57-#58BMW GROUP INVESTOR RELATIONS. CONTACTS. Veronika Rösler Head of Investor Relations +49-89-382-25387 [email protected] Patrick Neumayer Equity & Debt IR Gerald Schmutz Equity & SRI IR +49-89-382-24272 [email protected] +49-89-382-62393 [email protected] Tanja Seiler Equity & SRI IR Andreas Stöffler Equity IR & Annual General Meeting (AGM) Mirjam Wipfler Equity & Debt IR +49-89-382-75161 [email protected] +49-89-382-17944 [email protected] +49-89-382-76974 [email protected] http://www.bmwgroup.com/ir IR Contact BMW Group Investor Relations Petuelring 130 80788 Munich [email protected] BMW Group Investor Presentation | December 2021 - 58.#59BMW GROUP INVESTOR RELATIONS. FINANCIAL CALENDAR 2022. 16.03.2022 BMW Group Report 2021 17.03.2022 BMW Group Annual Conference - Analyst and Investor Day 05.05.2022 Quarterly Statement to 31 March 2022 11.05.2022 Annual General Meeting 2022 03.08.2022 Half-Year Report to 30 June 2022 03.11.2022 Quarterly Statement to 30 September 2022 BMW Group Investor Presentation | December 2021 - 59 -#60BMW GROUP INVESTOR RELATIONS. EVENTS, CONFERENCES & ROADSHOWS 2022. 10.-11.01.2022 German Investment Seminar, New York (Commerzbank / Oddo BHF) 18.-19.01.2022 German Corporate Conference, virtual (UniCredit / Kepler Cheuvreux) BMW Group Investor Presentation | December 2021 - 60 -#61DISCLAIMER. This document contains forward-looking statements that reflect BMW Group's current views about future events. The words "anticipate," "assume," "believe," "estimate," "expect," "intend," "may," "can," "could," "plan," "project," "should" and similar expressions are used to identify forward-looking statements. These statements are subject to many risks and uncertainties or may be affected by factors outside BMW Group's control, including adverse developments in global economic conditions resulting in a decline in demand in BMW Group's key markets, including China, North America and Europe; a deterioration in credit and financial markets; a shift in consumer preferences affecting demand for BMW Group's products; changes in the prices of fuel or raw materials; disruption of production due to shortages of materials, labor strikes or supplier insolvencies; the effective implementation of BMW Group's strategic goals and targets; changes in laws, regulations and government policies, particularly those relating to vehicle emissions, fuel economy and safety; and other risks and uncertainties, including those described under the heading "Report on Risks and Opportunities" in BMW Group's most recent Annual Report. If any of these risks and uncertainties materializes or if the assumptions underlying any of BMW Group's forward-looking statements prove to be incorrect, actual results may be materially different from those BMW Group expresses or implies by such statements. BMW Group does not intend or assume any obligation to update these forward-looking statements. For consumption and emissions data, please visit our homepage: www.bmw.com BMW Group Investor Presentation | December 2021 -61-