DGAP-Adhoc

Daimler AG: Daimler increases provision for EU antitrust proceedings

Daimler AG / Key word(s): Legal Matter

18.12.2014 13:07

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18.12.2014

Ad hoc announcement:

Daimler increases provision for
EU antitrust proceedings

- Increase of provision by 600 Mio. EUR will affect Daimler's fourth
quarter 2014 earnings and be taken into account in the group EBIT as a
special reporting item.

- Earnings forecast for ongoing business in the financial year 2014
remains unchanged.

Stuttgart - In connection with the ongoing EU Commission antitrust
proceedings concerning European commercial vehicle manufacturers, Daimler
AG has decided today to increase the provision by 600 Mio. EUR. The figure
is preliminary and unaudited. Daimler made a provision in 2011 for the
first time in connection with the antitrust proceedings.

The provision will affect Daimler's reported earnings in the current
quarter and be taken into account in the group EBIT as a special reporting
item. The earnings forecast for the ongoing business in 2014 remains
unchanged: Daimler assumes that EBIT from ongoing business will increase
significantly in the year 2014.

The EU Commission delivered its statement of objections to Daimler at the
end of November 2014. Since then, Daimler has had the chance to review
relevant documents on which the EU Commission bases its accusations in the
statement of objections. The amount of the provision increase results from
knowledge gained from inspecting these files.

Daimler is cooperating with the authorities but will at the same time -
while stating the company's legal view - safeguard its rights in the
further proceedings. Daimler is also reviewing all of its procedural
options.

Contact:
Jörg Howe, + 49 711 17-41341, [e-mail]
Hendrik Sackmann, + 49 711 17-35014, [e-mail]
Ute Wüest von Vellberg, + 49 711 17-25573,
[e-mail]

Additional information of Daimler is available on the internet:
www.media.daimler.com and www.daimler.com

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