Quarterly Financial Results

Ford Model e Wholesale Units Designing and scaling breakthrough, connected EVs, and all of Ford's electric architecture and embedded software + EBIT down $0.3B, driven by higher costs, mainly higher engineering, and spending-related expense, commodities and other inflationary pressures + Lower volume due to scheduled downtime at Cuautitlan to increase Mach-E capacity to 35 Jobs Per Hour + Disciplined investment in future-gen products 18 24 (000) 25 45 30 Revenue ($B) $1.6 12 $1.3 $1.4 $1.0 $0.7 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 EBIT ($B) Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 EBIT Margin (%) ($0.4) T ($0.5) ($0.6) ($0.6) (39.1)% (38.6)% ($0.7) (43.7)% (40.4)% Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 (102.1)% Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Ford 12

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