Traton : Company Presentation, 2023/04/01

TRATON Way Forward

Company presentation, 01-04-23

Disclaimer

This presentation has been prepared for information purposes only.

It does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of Volkswagen AG, TRATON SE, or any company of the TRATON GROUP in any jurisdiction. Neither this presentation, nor any part of it, nor the fact of its distribution, shall form the basis of, or be relied on in connection with, any contractual commitment or investment decision in relation to the securities of Volkswagen AG, TRATON SE, or any company o f the TRATON GROUP in any jurisdiction, nor does it constitute a recommendation regarding any such securities.

It contains forward-looking statements and information on the business development of the TRATON GROUP. These statements and information are based on assumptions relating in particular to the TRATON GROUP's business and operations and the development of the economies in the countries in which the TRATON GROUP is active.

The TRATON GROUP has made such forward-looking statements on the basis of the information available to it and assumptions it believes to be reasonable. The forward-looking statements and information may involve risks and uncertainties, and actual results may differ materially from those forecasts. If any of these or other risks or uncertainties materialize, or if the assumptions underlying any of these statements prove incorrect, the actual results may significantly differ from those expressed or implied by such forward-looking statements and information. The TRATON GROUP will not update this presentation, particularly not the forward-looking statements. The presentation is valid on the date of publication only.

Certain financial information and financial data included in this presentation are preliminary, unaudited, and may be subject to revision. Due to their preliminary nature, statements contained in this presentation should not be unduly relied upon, and past events or performance should not be taken as a guarantee or indication of future events or performance. Financial figures might be translated from different currencies, using the exchange rate prevailing at the relevant date or for the relevant period that the relevant financial figures relate to.

All statements with regard to markets or market position(s) of TRATON SE or any affiliated company or any of its competitors are estimates based on data available to the TRATON GROUP.

IHS Markit Data referenced herein are the copyrighted property of IHS Markit Ltd. and its subsidiaries ("IHS Markit"). The IHS Markit Data are from sources considered reliable; however,

the accuracy and completeness thereof are not warranted, nor are the opinions and analyses published by IHS Markit representations of fact. The IHS Markit Data speak as of the original publication date thereof and are subject to change without notice. IHS Markit and other trademarks appearing in the IHS Markit Data are the property of IHS Markit or their respective owners.

The percentage figures shown may be subject to rounding differences. Due to different proportions and scaling in graphs, data shown in different graphs are not comparable.

T RATON Way Forward

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A lot has been achieved in the past six years

2015	2019	2021	2021+
Establishment of	Successful IPO	Acquisition of	New
Volkswagen Truck & Bus	of TRATON SE	Navistar	TRATON Strategy

2018	2021	2021	2021
Rebranding/	Squeeze-Out of MAN SE,	Charging JV with	Introduction
new identity	realignment MAN T&B	Daimler Truck	of new Group
		& Volvo Group	powertrain

T RATON Way Forward

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Strong management team and Two-tier board structure with independence secured by supervisory board composition

TRATON SE EXECUTIVE BOARD

Christian Levin	Dr. Michael Jackstein	Catharina Modahl
CEO TRATON SE and	CFO and CHRO	Nilsson
Scania	TRATON SE	Member of the Executive Board
		of TRATON SE, responsible for

TRATON Group Product Management

Alexander Vlaskamp		Antonio Roberto		Mathias Carlbaum
CEO MAN Truck & Bus		Cortes		CEO and President
		CEO Volkswagen		Navistar International
		Truck & Bus		Corporation

SUPERVISORY BOARD

Composition

Supervisory Board composition reflects target shareholder structure

Broad complementary skills and experience

Chairman of the Supervisory Board: Hans Dieter Pötsch 20 members with equal number of international shareholder and employee representatives

Audit Committee

Comprises 6 members

Equal number of shareholder & employee representatives

T RATON Way Forward

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Four strong Brands under one roof

T RATON Way Forward

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