2023 Outlook and Advancing The Ford Plan: Electrification

Full Year 2022 Adjusted EBIT (SB) North America South America Total Europe China IMG Auto Total Company Ford FY 2021 $ SA 7.4 $ (0.1) $ (0.2) $ (0.3) SA 0.6 $ 7.4 $ 10.0 YoY Change: Volume / Mix $ Net Pricing Cost SA 4.0 $ (0.1) $ 0.5 $ (0.3) 0.2 $ 4.3 $ 4.3 6.6 0.9 2.8 (0.0) 0.6 10.9 10.9 Commodities $(4.5) Material / Freight (4.5) (8.3) (0.4) (2.8) 0.0 (0.5) (12.0) (12.0) Structural (2.1) Pension/OPEB (0.5) Exchange 0.2 (0.0) (0.6) (0.0) (0.2) (0.5) (0.5) Warranty (0.3) JVs/Other (0.7) 0.1 0.2 0.0 (0.2) (0.4) (0.4) Total Automotive $ 1.8 $ 0.5 $ 0.2 $ (0.2) $ 0.0 $ 2.3 $ 2.3 JVs Other Mobility 0.1 $ 0.1 (0.5) Ford Credit (2.1) Corporate Other 0.1 Total Change $ 0.4 FY 2022 $ 9.2 $ 0.4 $ 0.0 $ (0.6) $ 0.6 $ 9.7 $ 10.4 SECRET 8

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