BMW Group Investor Presentation

OUTLOOK 2020. 1A 4354 AUTOMOTIVE Significant decrease in deliveries* MOTORCYCLES Significant decrease in deliveries FINANCIAL SERVICES Moderate decrease in Return on Equity EBIT-margin between 0 EBIT-margin between and 3% 3 and 5% Significant decrease in Fleet emissions** BMW GROUP Significant decrease in Profit before tax Slight decrease in workforce at year-end Prior to the coronavirus outbreak, the company's planning envisaged the Automotive segment posting a slight increase in sales. The spread of the coronavirus slowed the BMW Group's worldwide vehicle sales. We now expect global sales in 2020 to be much lower than last year. In light of the negative effects of the pandemic and the assessment that deliveries in all markets would return to normal levels after a few weeks, we had published an EBIT margin target of 2% to 4% for the year as a whole by mid-March 2020. Other than assumed by mid-March 2020, we do now expect that the economic environment will only begin to stabilize in the third quarter of the year. Accordingly, we are expanding our guidance for the financial year and are expecting an EBIT margin of between 0 and 3%, with the first half of the year being affected more than H2. *Including the joint venture BMW Brilliance Automotive Ltd., Shenyang. ** EU-28. BMW Group Investor Presentation, August 2020 Page 43

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