SNEAK PREVIEW. PRESENTATION.

15 December 2015

DR. FRIEDRICH EICHINERMEMBER OF THE BOARD OF MANAGEMENT OF BMW AG, FINANCE

AGENDA.

Current sales status

Outlook for 2016

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BMW Group

Solid increase of EBT compared to previous year

Automotive Segment

Solid sales increase compared to previous year

Significant increase of revenues against previous year

EBIT margin in target corridor of 8-10%

Segment Financial Services

Return on equity of > 18%, on a par with previous year

GUIDANCE 2015 CONFIRMED –POSITIVE BUSINESS DEVELOPMENT DESPITE CHALLENGES.

Segment motorcycles

Solid sales increase against previous year

Q3 2015 Q3 2014

7,114 m. € 6,818 m. €

1,645 k units 1,530 k units

61,513 m. € 53,205 m. €

9.0% 10.2%

112 k units 100 k units

20.8% 19.4%

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STEADY GROWTH – SALES NOVEMBER YTD.

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+ 5.8 %

+ 13.8 %

- 7.5 %

+ 11.2 %

+ 6.9 %

1,728,553

302,091

3,304

129,466

2,033,948

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POSITIVE SALES TREND FOR X1 AND 7 SERIES AFTER LAUNCH IN OCTOBER. X1 WILL BE ONE OF THE GROWTH DRIVERS IN 2016.

Sneak Preview – Dr. Friedrich Eichiner

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CHINA STILL BIGGEST SINGLE MARKET, WITH MORE PRICE SENSITIVITY.STRONG SALES INCREASE IN EUROPE.

Retail BMW, MINI, Rolls-Royce [units]

01-11/2015 comp. to prev. year

USA

365,917

+ 4.9 %

Europe

+ 9.7 %

902,749

Americas

+5.3 %

447,526

Asia

+ 4.5 %

622,067

Rest of world

60,201

Mainland China

425,657

+ 2.4 %

CO2 REGULATION WILL EXPEDITE THE CHANGE TO ELECTRIC VEHICLES.DIESEL DRIVETRAINS REMAIN CRUCIAL TO MEET THE EU-LIMITS.

20500

2000 2010 2020 2030 2040

Sh

are

of a

uto

mo

bil

es

Combustion engines

Worldwide vehicle mix

Source: United Nations, Global Insight, Credit Suisse, BMW estimations

Sneak Preview – Dr. Friedrich Eichiner

AGENDA.

Current sales status

Outlook for 2016

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POSITIVE TREND IN 2016 SHOULD CONTINUE.HOWEVER, SLIGHTLY LESS DYNAMIC IN CHINA.

+ 2.5 %

- 2.9 %

+ 1.5 %

- 3.8 %

+ 6.9 %

+ 7.4 %

Source: Consensus Forecasts, Dec. 2015

Gross domestic product;

Est. overall global growth:

+3.6% YTD

2015 2016

2015 2016

2015 2016

2015 2016

2015 2016

2015 2016

HERE provides high-definition maps and thus the basis for new

driving assistance systems up to highly-automated driving.

BMW Group, Audi AG and Daimler AG each hold one third of

HERE.

HERE remains an open and independent platform for

cloud-based maps and mobility services.

ACQUISITION OF MAPPING AND LOCATION SERVICE 'HERE'.HIGH-DEFINITION MAPS ARE THE BASIS FOR FUTURE MOBILITY.

The combination with real-time vehicle data optimizes traffic

security and the offer of individual services.

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DIGITALIZATIONSYSTEMATIC

CUSTOMER FOCUSELECTRO-MOBILITY

BRAND MANAGEMENT

& DESIGN LEADERSHIP

STRATEGIC REALIGNMENT: FOCUS AREAS FOR OUR FUTURE SUCCESS.

Sneak Preview – Dr. Friedrich Eichiner

SNEAK PREVIEW. Q&A.

15 December 2015

WITH DR. FRIEDRICH EICHINER, FACILITATED BY NORBERT MAYER