Ford Investor Conference

Key Metrics Best-in-class finance company + EBT down, in line with expectations, reflecting lower lease residual performance, the non-recurrence of derivative market valuation gains, lower financing margin and higher credit losses + 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)* $32,515 $32,010 $25,330 Q3 Q3 Q3 Q4 2020 2021 2022 2022 $1,123 $1,077 11 U.S. 36-month off-lease auction values at Q3 2023 mix $31,150 |||| $30,150 $589 Q3 Q3 Q3 2020 2021 2022 Includes $(10)M of special items EBT ($M) $191 Distributions $575 $1,500 $500 $- $32,250 $303 Q4 Q1 2022 Q1 2023 2023 Q2 Q3 2023 $381 Q2 2023 2023 $30,250 $ $358 Q3 2023 $- U.S. Retail Loss-to-Receivables ("LTR") Ratio (%) 0.30% Q3 2020 $589 Q3 2022** 0.00% Q3 2021 $50 Vol. / Mix 10.18% 0.25% 0.35% Q3 EBT YOY ($M) $(75) $(36) Fin. Margin 0.21% Q3 Q4 Q1 Q2 Q3 2022 2022 2023 2023 2023 $(97) 0.38% 2017-2019: 0.56% $(73) $358 Ford Credit Lease Other Q3 Losses Residual 2023 21

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