Quarterly Financial Results

Company Net Income/ (Loss) Reconciliation To Adjusted EBIT ($M) First Quarter 2022 2023 Net income/(loss) attributable to Ford (GAAP) (3,110) 1,757 Income (Loss) attributable to non-controlling interests (9) (94) Net income/(loss) $ (3,119) $ 1,663 Less: (Provision for) / Benefit from income taxes 729 (496) Income (Loss) before income taxes $ (3,848) $ 2,159 Less: Special items pre-tax (5,866) (912) Income (Loss) before special items pre-tax $ 2,018 3,071 Less: Interest on debt (308) (308) Adjusted EBIT (Non-GAAP) $ 2,326 $ 3,379 Memo: Revenue ($B) Net income (loss) margin (GAAP) (%) Adjusted EBIT margin (Non-GAAP) (%) SA 34.5 41.5 (9.0) % 4.2 % 6.7 % 8.1 % 31 Ford

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