Quarterly Financial Results

Company Net Cash Provided By / (Used In) Operating Activities Reconciliation To Company Adj. FCF ($M) Q4 2021 Q1 2022 Q2 2022 Net cash provided by / (Used in) operating activities (GAAP) $ 3,531 $ (1,084) $ 2,947 Q3 2022 $ 3,812 Q4 2022 $ 1,178 Q1 2023 $ 2,800 Less: Items Not Included in Company Adjusted Free Cash Flows Ford Credit operating cash flows 998 (419) (1,340) (439) (3,218) 626 Funded pension contributions (171) (174) (154) (130) (109) (125) Restructuring (including separations)* (310) (176) (137) (179) (343) (81) Ford Credit tax payments / (refunds) under tax sharing agreement 11 22 125 (5) Other, net (146) (20) 20 20 (150) 92 (140) Add: Items Included in Company Adjusted Free Cash Flows Company excluding Ford Credit capital spending (1,759) (1,349) (1,503) (1,613) (2,046) (1,760) Ford Credit distributions Settlement of derivatives 1,000 (55) 1,000 64 600 500 (36) 26 (144) (72) Company adjusted free cash flow (Non-GAAP) $ 2,335 $ (580) $ 3,619 $ 3,601 $ 2,441 693 * Restructuring excludes cash flows reported in investing activities Ford 32

View entire presentation