BMW Group Investor Presentation

BMW GROUP FINANCIAL SERVICES. SOLID DEVELOPMENT OF CREDIT LOSS RATIO. Credit loss ratio* [in %] 0.41 0.46 0.84 0.67 0.59 0.50 0.49 0.48 0.46 0.37 0.34 0.32 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 BMW Group Investor Presentation, December 2018 Definition Credit Loss Ratio: credit losses in relation to the average serviced portfolio. Credit losses: all write offs, meaning the lost receivable including accumulated interest and other costs less utilized collateral. Income related to the recovery process after write off is also taken into consideration. Page 38

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