China Bankers Day - Treasury Update

RETAIL TREND OVER THE YEAR SHOWS REGIONAL DIFFERENCES. CHINA CONTINUES TO GROW; US & EU RECOVERING, BUT STILL NOT AT PRE- CRISIS LEVEL. Retail BMW + MINI 2021 relative to ACT 2019 (blue line), in % US St 160 140 120 100 80 60 40 20 0 JAN Q1 Europe חוו APRIL JAN Vs. ACT 19 Vs. ACT 20 -0,7% +20,1% Q1 APRIL JAN Vs. ACT 19 Vs. ACT 20 -13,5% +8,4% China Bankers Day - Treasury Update | Birgit Böhm 16th July 2021 ACT 2019 (100%) ACT 2020 Mainland China Q1 Vs. ACT 19 Vs. ACT 20 +36,4% +97,3% APRIL Page 22

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