Ford Results Presentation Deck

Ford Credit A strategic asset and competitive advantage + EBT down $0.5B, in line with expectations, driven by lower financing margin, credit losses and lease residuals + Lower financing margin due to higher borrowing costs + Credit losses remain below historical average but are normalizing + Auction values remain strong, but expect industry decline as supply of new vehicles improves Auction Values* (Per Unit) * $34,620 $32,905 $31,675 alm $23,685 Q2 '20 Q2 '21 Q2 '22 Q3 '22 Q4 '22 Q1 '23 Q2 '23 U.S. 36-month off-lease auction values at Q2 2023 mix EBT ($B) $1.6 $0.5 $30,000 Q2 '20 Q2 '21 $30,950 $0.9 ili.... $0.6 $0.2 Q2 '22 Q3 '22 Q4 '22 Q1 '23 Q2 '23 $31,830 $0.3 $0.4 U.S. Retail Loss-to-Receivables ("LTR") Ratio (%) 0.35% 11 (0.07)% Q2 '20 Q2 '21 Q2 '22 Q3 '22 Q4 '22 Q1 '23 Q2 '23 0.15% Q2 EBT YOY ($B) $0.9 $0.0 0.05% Q2 '22 Vol. / Mix $(0.2) 0.18% $(0.1) 0.25% $(0.1) $(0.2) 2017-2019: 0.56% 0.21% $0.4 Ford Fin Credit Lease Other Q2 '23 Margin Loss Residual 21

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