Ford Results Presentation Deck

CY 2023 Guidance Headwinds & Tailwinds Global economic uncertainty and inflationary pressure - - — Higher industrywide customer incentives and continued EV pricing pressure Increased warranty costs Lower past service pension income and exchange UAW contract + Improved supply chain and higher industry volumes + All-new Super Duty + Lower commodity costs Total Company Adj. EBIT Total Company Adj. FCF Capital Spending Ford Blue EBIT Model e EBIT Ford Pro EBIT Ford Credit EBT 2023 Outlook $11B to $12B $6.5B to $7B $8B to $9B -$8B -$(4.5)B -$8B -$1.3B 2022 Actuals $10.4B $9.1B $6.5B $6.8B $(2.1)B $3.2B $2.7B Ford 25

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