Conformed Copy

[Form 10]

(Translation)

SEMI-ANNUAL REPORT

Financial Year (2015)

From: January 1, 2015

To: June 30, 2015

* This document is a hard copy of the electronic data of the Semi-Annual Report that was

filed on September 24, 2015 through the EDINET system as provided by Article 27-30-2 of the

Financial Instruments and Exchange Act of Japan with the table of contents and the page count

appended thereto.

DAIMLER AG

(E05854)

(The Japanese original of the Semi-Annual Report was filed electronically through the

EDINET system. This English translation has been prepared solely for reference purposes and

does not have any binding force.)

(Translation)

[Cover Page]

Document Name: Semi-Annual Report

Attention: The Director General of the Kanto

Local Finance Bureau

Date of Filing: September 24, 2015

Interim Financial Year: From January 1, 2015 to June 30, 2015

Corporate Name: Daimler AG

Titles and Names of Dr. Dieter Zetsche

Representatives: Chairman of the Board of Management,

Head of Mercedes-Benz Cars

Bodo Uebber

Member of the Board of Management

responsible for Finance & Controlling,

Daimler Financial Services

Address of Head Office: Mercedesstrasse 137

70327 Stuttgart

Federal Republic of Germany

Name of the Yasutaka Nishikori

Attorney-in-fact: (Attorney-at-law)

Address of the Attorney- Nishimura & Asahi

in-fact: Ark Mori Bldg,

12-32, Akasaka 1-chome

Minato-ku, Tokyo, Japan

Telephone Number: (03)-5562-8500

The Name of Person Yasutaka Nishikori

to Contact: (Attorney-at-law)

Susumu Tanizawa

(Attorney-at-law)

Takahiro Sato

(Attorney-at-law)

Akira Yamamoto

(Attorney-at-law)

Place to Contact: Nishimura & Asahi

Ark Mori Bldg. 12-32, Akasaka 1-chome

Minato-ku, Tokyo, Japan

Telephone Number: (03)-5562-8500

Place at which Copies of this

Semi-Annual Report are made

available for Public Inspection: Not applicable

(Number of Pages including front pages: 86 in Japanese)

Table of Contents

Japanese English

original translation

PART 1. INFORMATION CONCERNING THE COMPANY 2 1

I. Outline of Legal and other Systems in the Home Country 3 1

II. Outline of the Company 4 2

1. Changes in Major Business Indices, etc. 4 2

2. Contents of Business 5 3

3. State of the Related Companies 6 3

4. Employees 6 3

III. Conditions of Business 7 5

1. Outline of Business Results, etc. 7 5

2. Conditions of Production, Order and Sales 8 6

3. Problems which must be Resolved 10 7

4. Risk Factors Relating to Business 11 8

5. Material Contracts Relating to Business 11 8

6. Research and Development 12 9

7. Analysis of Financial Condition, Results of Operations

and Cash Flow Status 13 10

a) Daimler Group 13 10

b) Mercedes-Benz Cars 24 19

c) Daimler Trucks 25 20

d) Mercedes-Benz Vans 27 21

e) Daimler Buses 28 22

f) Daimler Financial Services 29 23

g) Reconciliation 30 24

IV. Conditions of Facilities 31 25

1. Conditions of Principal Facilities 31 25

2. Plans for Installation or Removal of Facilities, etc. 31 25

V. Conditions of the Company 33 27

1. Information Concerning Shares, etc. 33 27

2. Trends in Share Prices 36 30

3. Directors and Officers 37 31

VI. Conditions of Accounting (CPA’s responsibility) 38 32

VII. Trends in the Foreign Exchange Rate 85 32

VIII. Reference Information 85 32

PART 2. INFORMATION REGARDING GUARANTORS, ETC.

OF ISSUER 86 32

Notes:

(1) Unless otherwise specified, in this report, “we,” “us,” “our,” “Daimler,” the “Daimler Group” or the “Group” refers

to Daimler AG and its consolidated subsidiaries, or any one or more of them, as the context may require. “Germany”

means the Federal Republic of Germany.

(2) In this Semi-Annual Report, unless otherwise noted, “Euro” refers to Euro (€). For the convenience of the Japanese

reader, conversion into Japanese Yen has been made at the exchange rate of Euro 1.00 = ¥ 136.06 (the means of the

Telegraphic Transfer Spot Selling and Buying Exchange Rates of The Bank of Tokyo-Mitsubishi UFJ, Ltd. on

August 31, 2015).

(3) Where figures in tables in this Semi-Annual Report have been rounded, the totals may not necessarily agree with the

sum of the figures.

(4) Unless otherwise indicated, “shares” in this document refer to ordinary registered shares of the Company.

(5) This document contains forward-looking statements that reflect our current views about future events. The words

“anticipate,” “assume,” “believe,” “estimate,” “expect,” “intend,” “may,” ”can,” “could,” “plan,” “project,”

“should” and similar expressions are used to identify forward-looking statements. These statements are subject to

many risks and uncertainties, including:

an adverse development of global economic conditions, in particular a decline of demand in our most important

markets;

a worsening of the sovereign-debt crisis and increasing uncertainty in the euro zone;

an increase in political tension in Eastern Europe;

a deterioration of our refinancing possibilities on the credit and financial markets;

events of force majeure including natural disasters, acts of terrorism, political unrest, industrial accidents and

their effects on our sales, purchasing, production or financial services activities;

changes in currency exchange rates;

a shift in consumer preferences towards smaller, lower-margin vehicles;

a possible lack of acceptance of our products or services which limits our ability to achieve prices and

adequately utilize our production capacities;

price increases for fuel or raw materials;

disruption of production due to shortages of materials, labor strikes, or supplier insolvencies;

a decline in resale prices of used vehicles;

the effective implementation of cost-reduction and efficiency-optimization measures;

the business outlook for companies in which we hold a significant equity interest;

the successful implementation of strategic cooperations and joint ventures;

changes in laws, regulations and government policies, particularly those relating to vehicle emissions, fuel

economy and safety;

the resolution of pending government investigations and the conclusion of pending or threatened future legal

proceedings; and

other risks and uncertainties, some of which we describe under the heading “4. Risk Factors Relating to

Business” in “III. Conditions of Business.”

If any of these risks and uncertainties materializes, or if the assumptions underlying any of our forward-looking

statements prove to be incorrect, the actual results may be materially different from those we express or imply by

such statements. We do not intend or assume any obligation to update these forward-looking statements. Any

forward-looking statement speaks only as of the date on which it is made.

- 1 -

PART 1. INFORMATION CONCERNING THE COMPANY

I. Outline of Legal and other Systems in the Home Country

There has been no material change in the Legal Corporate System of the Federal

Republic of Germany or the Corporate System as provided for by Law and in the

Articles of Incorporation of the Company or the Foreign Exchange Control System

during the six-month period ended June 30, 2015 as well as since the filing of the

Securities Report on June 25, 2015.

With effect as of May 1, 2015, the Act on Equal Participation of Women and Men in

Management Positions (hereinafter the Act on Equal Participation) came into effect.

Pursuant to this law, Daimler AG as a listed stock corporation subject to German

Co-Determination Act is subject to a mandatory quota of 30 % women on the

Supervisory Board. Such quota must be observed in any election to the Supervisory

Board as of January 1, 2016. Current mandates remain unaffected.

Additionally, the Act on Equal Participation requires i. a. for listed stock corporations

subject to Co-Determination Act that the Supervisory Board determines a target quota

of women in the Board of Management and that the Board of Management determines

such target rate for the two management levels below the Board of Management. The

initial determination must be made no later than September 30, 2015 and must include a

deadline to achieve the target that must not extend beyond June 30, 2017. There is no

legal obligation to achieve the target.

On May 5, 2015 with effect as of June 12, 2015, the German Corporate Governance

Code has been amended. Amendments i. a. refer to recommendations for the

Supervisory Board to specify a regular limit of length of membership in the

Supervisory Board and to clarify, whether candidates to be proposed to the General

Meeting for election to the Supervisory Board can devote the expected time required.

- 2 -

II. Outline of the Company

1. Changes in Major Business Indices, etc.

The following table sets out the development of key figures of the Daimler Group. A

detailed analysis of the business results is provided under “7. Analysis of Financial

Condition, Results of Operations and Cash Flow Status” in section “III. Conditions of

Business.”

Daimler Group 1st half ended June 30,

(unaudited) Year ended Dec. 31,

(audited)

(amounts in millions of €) 2015 2014 2013 2014 2013

Revenue 71,763 61,001 55,794 129,872 117,982

Western Europe 23,056 20,908 19,198 43,722 41,123

of which Germany 10,569 10,090 9,292 20,449 20,227

United States 20,103 15,282 13,747 33,310 28,597

China 7,358 6,504 4,971 13,294 10,705

Other markets 21,246 18,307 17,878 39,546 37,557

Employees (at period-end) 284,441 280,829 276,044 279,972 274,616

Investment in property, plant and

equipment

2,072

2,088

2,095

4,844

4,975

Research and development

expenditure1

3,147

2,667

2,731

5,680

5,489

thereof: capitalized

development costs

832

518

674

1,148

1,284

EBIT 6,624 4,882 6,159 10,752 10,815

Net profit 4,422 3,282 5,147 7,290 8,720

Earnings per share (in €)

Basic 3.96 2.93 3.16 6.51 6.40

Diluted 3.96 2.93 3.16 6.51 6.40

Total comprehensive income 7,718 1,934 5,672 3,718 9,153

Cash provided by/used for operating

activities

1,002 1,641 1,570 (1,274) 3,285

Cash used for investing activities (2,790) (1,758) (2,716) (2,709) (6,829)

Cash provided by/used for financing

activities

1,686

(163)

1,807

2,274

3,855

Cash and cash equivalents

At beginning of period

9,667

11,053

10,996

11,053

10,996

At end of period 9,843 10,794 11,607 9,667 11,053

1) For the year 2013, the figures have been adjusted due to reclassifications within functional costs. Further

information is provided in Note 1 of the Notes to the Consolidated Financial Statements for the year 2014.

- 3 -

Daimler Group As of June 30,

(unaudited) As of December 31,

(audited)

(amounts in millions of €) 2015 2014 2013 2014 2013

Equity attributable to shareholders of

Daimler AG

48,484

42,042

39,452

43,665

42,680

Non-controlling interest 941 678 620 919 683

Total equity 49,425 42,720 40,072 44,584 43,363

Total assets 206,566 176,015 167,288 189,635 168,518

2. Contents of Business (to and as of the end of August 2015)

Daimler AG is the ultimate parent company of the Daimler Group. The Group

develops, manufactures, distributes and sells a wide range of automotive products,

mainly passenger cars, trucks, vans and buses. It also provides financial and other

services relating to its automotive businesses.

The Group reports the following five segments:

Mercedes-Benz Cars

Daimler Trucks

Mercedes-Benz Vans

Daimler Buses

Daimler Financial Services

The reconciliation includes corporate items for which headquarters are responsible.

Transactions between the segments are eliminated in the context of consolidation and the

eliminated amounts are included in the reconciliation.

For information on earnings of the five segments and the reconciliation, please refer to

the discussion of Group EBIT in “III. Conditions of Business, 7. Analysis of Financial

Condition, Results of Operations and Cash Flow Status, a) Daimler Group.”

3. State of the Related Companies

No material changes regarding the Related Companies occurred during the six-month

period ended June 30, 2015.

4. Employees

At the end of the first half of 2015, Daimler employed 284,441 people worldwide (end

of 2014: 279,972). Of that total, 171,603 were employed in Germany (end of 2014:

168,909).

- 4 -

The table below provides the number of employees by segments as of June 30, 2015:

Number of Employees As of

June 30,

As of

December 31,

2015 2014

Mercedes-Benz Cars 130,878 129,106

Daimler Trucks 83,295 82,743

Mercedes-Benz Vans 16,981 15,782

Daimler Buses 16,549 16,631

Daimler Financial Services 9,610 8,878

Group Functions & Services 27,128 26,832

Daimler Group 284,441 279,972

As of 2014, the numbers of employees previously reported under “Sales & Marketing

Organization” are included in the respective divisions. This does not apply, however, to

the Group’s own sales and service centers in Germany and the logistics center in

Germersheim, Germany, whose employees are included under “Group Functions &

Services” as of 2014.

- 5 -

III. Conditions of Business

1. Outline of Business Results, etc.

The following table provides an overview of the profit and loss account for the first half of

2015:

Unaudited Consolidated Statement of Income (In millions of €, except per share amounts)

1st half ended June 30,

2015 2014

Revenue 71,763 61,001

Cost of sales (55,882) (47,749)

Gross profit 15,881 13,252

Selling expenses (6,065) (5,487)

General administrative expenses (1,774) (1,558)

Research and non-capitalized development costs (2,315) (2,149)

Other operating income 884 682

Other operating expense (234) (239)

Profit on equity-method investments, net 240 850

Other financial expense, net 2 (473)

Interest income 87 64

Interest expense (280) (357)

Profit before income taxes 6,426 4,585

Income taxes (2,004) (1,303)

Net profit 4,422 3,282

Profit attributable to non-controlling interests 190 151

Profit attributable to shareholders of Daimler AG 4,232 3,131

Earnings per share (in €) for profit attributable to

shareholders of Daimler AG

Basic 3.96 2.93

Diluted 3.96 2.93

The accompanying notes are an integral part of these Unaudited Interim Consolidated

Financial Statements. A detailed analysis of the business results is provided under “7. Analysis

of Financial Condition, Results of Operations and Cash Flow Status” in this section.

- 6 -

2. Conditions of Production, Order and Sales

The following tables show the unit sales by regions and the total number of production

for Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans and Daimler Buses.

Mercedes-Benz Cars

Unit sales 1st half 2015 1

st half 2014 % change

Western Europe 377,284 324,229 +16

Germany 144,083 132,327 +9

United States 178,097 158,765 +12

China 178,578 138,404 +29

Other markets 226,443 186,763 +21

Total unit sales 960,402 808,161 +19

Production 998,920 814,097 +23

Daimler Trucks

Unit sales 1st half 2015 1

st half 2014 % change

Western Europe 26,687 24,873 +7

Germany 12,597 13,632 -8

United States 79,438 66,395 +20

Latin America (excl. Mexico) 15,785 22,082 -29

Asia 72,693 83,478 -13

Other markets 42,934 37,767 +14

Total unit sales 237,537 234,595 +1

Production 249,208 249,745 -0

Mercedes-Benz Vans

Unit sales 1st half 2015 1

st half 2014 % change

Western Europe 95,974 88,636 +8

Germany 40,551 37,183 +9

United States 14,252 12,208 +17

Latin America (excl. Mexico) 7,436 7,677 -3

Asia 4,373 8,585 -49

Other markets 23,381 20,022 +17

Total unit sales 145,416 137,128 +6

Production 161,229 155,426 +4

- 7 -

Daimler Buses

Unit sales 1st half 2015 1

st half 2014 % change

Western Europe 3,018 2,792 +8

Germany 1,012 1,261 -20

NAFTA 1,532 1,751 -13

Latin America (excl. Mexico) 6,239 8,282 -25

Asia 380 397 -4

Other markets 1,849 1,550 +19

Total unit sales 13,018 14,772 -12

Production 15,730 16,591 -5

Unit sales and revenue will be discussed in detail under “7. Analysis of Financial

Condition, Results of Operations and Cash Flow Status” in this section.

3. Problems which must be Resolved

The material contracts, agreements, business developments and competition are

described under:

“2. Contents of Business” in section “II. Outline of the Company,”

“5. Material Contracts Relating to Business” in section “III. Conditions of

Business,”

“6. Research and Development” in section “III. Conditions of Business,”

“7. Analysis of Financial Condition, Results of Operations and Cash Flow Status” in

section “III. Conditions of Business,”

“2. Plans for Installation or Removal of Facilities, etc.” in section “IV. Conditions of

Facilities,” and

Note 10 to the Unaudited Interim Consolidated Financial Statements included in this

document.

Furthermore, the legal and political framework has a considerable impact on Daimler’s

future business success. Regulations concerning vehicles’ emissions, fuel consumption

and safety play a particularly important role. Complying with these varied and often

diverging regulations all over the world requires strenuous efforts on the part of the

automotive industry. We expect to expend an even larger proportion of our research and

development budget in the future to ensure the fulfillment of these regulations. Many

countries have already implemented stricter regulations to reduce vehicles’ emissions

and fuel consumption, or are now doing so. In addition, traffic-policy restrictions for the

reduction of traffic jams, noise and pollution are becoming increasingly important in the

cities and urban areas of the European Union and other regions of the world. Drastic

measures such as general vehicle-registration restrictions like in Beijing, Guangzhou or

Shanghai can have a dampening effect on the development of unit sales, especially in the

growth markets. Daimler therefore continually monitors the development of statutory

and political conditions and attempts to anticipate foreseeable requirements and

long-term targets already during the phase of product development.

- 8 -

For an update on the risk factors affecting our business, please refer to subsection “4.

Risk Factors Relating to Business” below.

4. Risk Factors Relating to Business

For a full description of risk factors influencing the Group’s business development,

please refer to section “III. Description of Business”, subsection “4. Risk Factors” of

the Securities Report filed on June 25, 2015. Also, please consider Note 5 of the Table

of Contents of this document.

As of the filing date of this report, the risks for the world economy have tended to

become rather more serious. This is primarily a reflection of more serious political risks

in connection with the Greece crisis, a potential escalation of the situation between

Russia and the Western nations, and tension in the Middle East. Although the

probability of Greece’s direct exit from the monetary union has decreased somewhat

with the results of the recent negotiations, there is still a high degree of uncertainty

about ongoing developments. Above all, the dangers for financial markets from the

Greece crisis represent a considerable risk for the economic development of the euro

zone. On the other hand, the risks for Daimler of Greece’s exit from the euro zone are

primarily limited to the general economic effects and increased volatility in the

financial markets. In particular those economies that depend on the inflow of capital

because of foreign-trade imbalances remain sensitive to exchange-rate volatilities and

growth slowdowns. In the United States, the expected change in monetary policy could

lead to unforeseen effects, especially on investment. Although the threat of deflation in

the European Monetary Union seems to be subsiding, if this danger returns, the

negative impact on domestic demand could be significant. Due to its growing global

importance, a “hard landing” of the Chinese economy would have considerable

negative effects on the world economy. The impact of the volatility of stock markets in

China also represents a risk for the Chinese economy. Furthermore, in connection with

the very expansive monetary policy of the European Central Bank, there is growing

concern about the extent to which this has increased the danger of speculative bubbles

in stock and bond markets. Greater turbulence in the financial markets would then have

a direct impact on the economic outlook. Opportunities consist on the one hand of the

rapid economic recovery of the emerging markets, and on the other hand of a strong

revival of the euro zone’s economy. A sustained reduction in tension in the Middle East

would also have a positive impact on the world economy.

Apart from the aforementioned factors, our assessment of risks and opportunities has

not changed significantly since filing of the Securities Report on June 25, 2015.

5. Material Contracts Relating to Business

(a) Material contracts

For the material contracts that Daimler AG concluded on or before December 31, 2014,

please refer to section “III. Description of Business”, subsection “5. Material Contracts

Relating to Business” of the Securities Report filed on June 25, 2015, and to Note 10 to

the Unaudited Interim Consolidated Financial Statements.

No further material contracts have been concluded in the first half of 2015.

- 9 -

(b) Material Change-of-Control Clauses

For contracts concluded by Daimler AG on or before December 31, 2014 that include

clauses regulating the possible occurrence of a change of control over Daimler AG

which may be considered material under a takeover aspect, please refer to section “III.

Description of Business”, subsection “5. Material Contracts Relating to Business” of

the Securities Report filed on June 25, 2015.

6. Research and Development

In the first half of 2015, Daimler spent a total of €3.1 billion on research and

development (H1 2014: €2.7 billion). Total research and development expenditure

reached 4.4% of the Group’s total revenue. 26% of the research and development

expenditure have been capitalized.

The table below shows research and development expenditure during the first six

months of 2015 and 2014:

Research and development expenditure 1st half ended June 30,

(€ in millions) 2015 2014

Research and development expenditure 3,147 2,667

thereof: Capitalized development costs 832 518

Research and development have always played a key role at Daimler. Our researcher

engineers anticipate trends, customer wishes and the requirements of the mobility of

the future, and our developer engineers systematically implement these ideas in

products that are ready for series production. Our goal is to offer our customers

fascinating products and customized solutions for need-oriented, safe and sustainable

mobility. Our technology portfolio and our key areas of expertise are oriented toward

this objective.

We want to continue shaping mobility through our pioneering innovations in the coming

years. We therefore invested the large amount of €3.1 billion in research and

development in the first half of 2015; €0.8 billion of that amount was capitalized (H1

2014: €0.5 billion). More than two thirds of the research and development spending

was at the Mercedes-Benz Cars segment. The main areas in all of our automotive

divisions were new vehicle models, particularly fuel-efficient and environmentally

friendly drive systems and new safety technologies. We made improvements in all of the

main areas that help further increase our vehicles’ efficiency – ranging from innovative

drive-system concepts to energy management, aerodynamics and lightweight

engineering.

For further information on Daimler’s research and development activities, including

important sites of the research and development network and the personnel employed

in research and development departments, please refer to section ‘‘III. Description of

Business’’, subsection ‘‘6. Activities on Research and Development’’ of the Securities

Report filed on June 25, 2015.

- 10 -

7. Analysis of Financial Condition, Results of Operations and Cash Flow Status

The Group is conducting its business activities through the following segments:

Mercedes-Benz Cars (b); Daimler Trucks (c); Mercedes-Benz Vans (d), Daimler Buses

(e), and Daimler Financial Services (f). The table below sets forth revenue and earnings

before interest and taxes (EBIT) for each segment:

1st half ended June 30,

2015 2014

(amounts in millions of €) Revenue EBIT Revenue EBIT

Mercedes-Benz Cars 40,645 4,068 34,775 2,592

Daimler Trucks 17,855 1,154 15,087 796

Mercedes-Benz Vans 5,244 449 4,706 365

Daimler Buses 1,914 91 1,907 103

Daimler Financial Services 9,318 854 7,637 733

Reconciliation (3,213) 8 (3,111) 293

Total 71,763 6,624 61,001 4,882

a) Daimler Group

Unit Sales and Revenue

In the first half of 2015, the Daimler Group sold 1,356,400 cars and commercial

vehicles. This represents a 14% increase compared to the prior-year period (H1 2014:

1,194,700).

The Mercedes-Benz Cars division set a new record for first-half unit sales, with an

increase of 19% to 960,400 vehicles. Unit sales rose for the Mercedes-Benz brand

(+18%) as well as for smart (+39%). Daimler Trucks sold 237,500 vehicles in the first

half of 2015, a slight increase of 1% compared with the prior-year figure of 234,600.

Unit sales of the Mercedes-Benz Vans division rose by 6% to 145,400 vehicles.

Daimler Buses achieved unit sales of 13,000 buses and bus chassis, compared to 14,800

one year ago. At the end of the first half of 2015, Daimler Financial Services’ contract

volume amounted to €110.6 billion, which is 12% higher than at the end of 2014 (€99.0

billion).

In the first half of 2015, Daimler achieved revenue of €71.8 billion, 18% above the

level of the prior-year period (€61.0 billion). Adjusted for the effects of currency

translation, revenue increased by 10%.

For revenue by regions, please refer to the table in “II. Outline of the Company, 1.

Changes in Major Business Indices, etc.”

EBIT

In the first six months of the year 2015, the Daimler Group’s EBIT increased

significantly to €6,624 million (H1 2014: €4,882 million).

The Mercedes-Benz Cars division was primarily responsible for the increase in

earnings in the first half of 2015. This reflects in particular the further growth in unit

sales. Daimler Trucks and Mercedes-Benz Vans also achieved significant earnings

growth. Daimler Buses’ earnings were below its high prior-year earnings, mainly due to

- 11 -

the economic situation in Latin America. Daimler Financial Services’ earnings

increased significantly due mainly to the higher contract volume. The implemented

efficiency programs and exchange-rate effects had a positive impact on operating

profit.

Earnings in the first half of 2015 were also influenced by expenditure of €84 million

connected with the restructuring of the Group’s own sales organization and by €55

million from the sale of Atlantis Foundries (Pty.) Ltd (Atlantis Foundries). On the other

hand, there was a gain of €87 million from the sale of a real-estate property in the

United States. The first half of last year was affected in particular by a net gain of €489

million connected with the remeasurement and hedging of Daimler’s shares in Tesla

Motors Inc. (Tesla).

In the first half of 2015, the automotive divisions were also negatively affected by the

restructuring of the Group’s own sales organization in Germany. In this context, we

refer to the information provided in Note 4 of the Notes to the Consolidated Financial

Statements.

The Mercedes-Benz Cars division posted EBIT of €4,068 million for the first half of

2015, substantially higher than the prior-year figure of €2,592 million. Its return on

sales was 10.0% (H1 2014: 7.5%). The development of earnings primarily reflects the

growth in unit sales in all regions. Strong contributions came from the new C-Class and

the expanded range of compact cars. Mercedes-Benz Cars achieved earnings growth

also as a result of better pricing and efficiency programs. Changes in exchange rates

and interest rates had an additional positive impact on EBIT. Opposing effects on

earnings resulted from the country and model-series structure, expenses for capacity

expansions and advance expenditure for new technologies and vehicles.

Daimler Trucks achieved EBIT of €1,154 million for the first half of this year, which is

significantly higher than the prior-year figure of €796 million; the division’s return on

sales was 6.5% (H1 2014: 5.3%). The positive development of earnings was mainly

driven by increased unit sales in the NAFTA region and exchange-rate effects. The

realization of further efficiency improvements and the settlement of a healthcare plan in

the United States also had a positive impact on EBIT. There were opposing effects from

lower unit sales in Latin America and Indonesia, expenses for capacity expansions and

increased warranty costs. The sale of Atlantis Foundries in South Africa resulted in an

expense. EBIT was additionally reduced by workforce actions in the context of the

ongoing optimization programs in Brazil.

With EBIT of €449 million for the first six months of the year, the Mercedes-Benz Vans

division significantly surpassed its prior-year earnings (H1 2014: €365 million). Its

return on sales increased to 8.6% (H1 2014: 7.8%). The main reasons for this

development were a significant increase in demand in Europe and the NAFTA region as

well as a very favorable product mix. Earnings were reduced, however, by

exchange-rate effects. In the prior-year period, earnings were boosted by €61 million

due to the reversal of an impairment on the carrying value of Daimler’s interest in the

Chinese joint venture Fujian Benz Automotive Corporation (FBAC).

Daimler Buses’ EBIT amounted to €91 million in the first half of 2015 (H1 2014: €103

million) and was below the high level of the prior-year period due to the economic

situation in Latin America. The division’s return on sales was 4.8% (H1 2014: 5.4%).

The pleasingly strong business with complete buses in Europe, a more favorable

product mix, efficiency improvements and positive exchange-rate effects partially

offset the economic effects in Latin America.

- 12 -

Daimler Financial Services achieved first-half EBIT of €854 million, which is

significantly higher than in the same period of last year (H1 2014: €733 million). The

main reasons for this development were the increased contract volume in all regions as

well as the positive development of exchange rates. On the other hand, there were

higher expenses related to the expansion of business operations.

Items included in the reconciliation from the EBIT of the divisions to Group EBIT had

a net positive impact of €8 million in the first half of this year (H1 2014: €293 million).

Items at the corporate level resulted in an expense of €14 million (H1 2014: income of

€280 million). The prior-year period was affected in particular by a gain of €718

million on the remeasurement of the shares in Tesla. However, that period was also

affected by expenses of €229 million from hedging the Tesla share price and of €118

million from exercising the put option on the investment in Rolls-Royce Power

Systems Holding GmbH (RRPSH).

The elimination of intra-group transactions resulted in income of €22 million in the first

half of 2015 (H1 2014: €13 million).

The special items shown in the table below influenced EBIT in the first six months of

the years 2015 and 2014:

Special items affecting EBIT 1st half ended June 30,

(amounts in millions of €) 2015 2014

Mercedes-Benz Cars

Restructuring of sales organization in Germany (54) —

Relocation of headquarters of Mercedes-Benz USA,

LLC (MBUSA)

(11) —

Sale of real estate in the United States 87 —

Daimler Trucks

Workforce adjustments (25) (76)

Restructuring of sales organization in Germany (19) —

Sale of Atlantis Foundries (55) —

Mercedes-Benz Vans

Restructuring of sales organization in Germany (10) —

Relocation of headquarters of MBUSA (2) —

Reversal of impairment of investment in FBAC — 61

Daimler Buses

Restructuring of sales organization in Germany (1) —

Business repositioning — (9)

Reconciliation

Remeasurement of Tesla shares — 718

Hedge of Tesla share price — (229)

Measurement of put option for RRPSH — (118)

- 13 -

Net Profit

Unaudited Consolidated Statement of Income 1st half ended June 30,

(amounts in millions of €) 2015 2014

Revenue 71,763 61,001

Cost of sales (55,882) (47,749)

Gross profit 15,881 13,252

Selling expenses (6,065) (5,487)

General administrative expenses (1,774) (1,558)

Research and non-capitalized development costs (2,315) (2,149)

Other operating income 884 682

Other operating expense (234) (239)

Profit on equity-method investments, net 240 850

Other financial income/expense, net 2 (473)

Interest income 87 64

Interest expense (280) (357)

Profit before income taxes 6,426 4,585

Income taxes (2,004) (1,303)

Net profit 4,422 3,282

Profit attributable to non-controlling interests 190 151

Profit attributable to shareholders of Daimler AG 4,232 3,131

Net interest expense improved in the first half of the year by €100 million to €193

million (H1 2014: €293 million). Expenses in connection with pension and healthcare

benefit obligations were lower than in the prior-year period due to lower applicable

interest rates. Other interest result improved due in particular to the successive expiry

of refinancing at high interest rates.

The expense of €2,004 million entered under income-tax expense for the first half of

2015 increased by €701 million compared with the prior-year period, primarily due to

the higher profit before income taxes. In both years, the income-tax expense was

reduced by additional tax benefits. While the year 2014 included tax benefits from the

reversal of impairments on deferred tax assets, the first quarter of 2015 includes tax

benefits in connection with the tax assessment of previous years.

Net profit for the first six months of 2015 increased to €4,422 million (H1 2014: €3,282

million). Profit attributable to non-controlling interests amounted to €190 million (H1

2014: €151 million). Net profit of €4,232 million is attributable to the shareholders of

Daimler AG (H1 2014: €3,131 million). Earnings per share increased to €3.96 (H1

2014: €2.93).

The calculation of earnings per share (basic) is based on an unchanged average number

of outstanding shares of 1,069.8 million.

Cash Flows

Cash provided by operating activities amounted to €1.0 billion in the first half of 2015

(H1 2014: €1.6 billion). The cash flow from operating activities was affected in

particular by the implementation of our growth strategy. The increase in net profit

before income taxes of €1.8 billion to €6.4 billion (H1 2014: €4.6 billion) was more

than offset by the renewed growth in new business from leasing and sales financing,

which was €3.7 billion above the high level of the prior-year period. Positive effects

- 14 -

resulted from the development of other operating assets and liabilities, in connection

with business expansion and due in particular to higher dealer bonuses, cash inflows

from sales with service and maintenance contracts, and sales with residual-value

guarantees. There was also an impact in connection with value-added tax settlement.

Furthermore, there were higher tax refunds in the first half of 2015 from the final tax

assessment of previous years.

Cash used for investing activities amounted to €2.8 billion (H1 2014: €1.8 billion). The

change compared with the prior-year period resulted primarily from acquisitions and

disposals of securities in the context of liquidity management. Those transactions

resulted in a lower net cash inflow in the first half of 2015 than in the prior-year period.

Cash used for investing activities was also impacted by higher investment in intangible

assets and by the capital increases at our Chinese associated companies.

Cash provided by / used for financing activities resulted in a cash inflow of €1.7 billion

(H1 2014: cash outflow of €0.2 billion). The change resulted almost solely from the

renewed increase in financing liabilities. There were opposing effects from increased

dividend payments to the shareholders of Daimler AG and to minority shareholders of

subsidiaries.

Cash and cash equivalents increased compared with December 31, 2014 by €0.2

billion, after taking currency translation into account. Total liquidity, which also

includes marketable debt securities, decreased by €0.2 billion to €16.1 billion.

The parameter used by Daimler to measure the financial capability of the Group’s

industrial business is the free cash flow of the industrial business, which is derived from

the reported cash flows from operating and investing activities. The cash flows from the

acquisition and sale of marketable debt securities included in cash flows from investing

activities are deducted, as those securities are allocated to liquidity and changes in them

are thus not a part of the free cash flow.

Other adjustments relate to additions to property, plant and equipment that are allocated

to the Group as their beneficial owner due to the form of their underlying lease

contracts. Furthermore, effects from the financing of dealerships within the Group are

adjusted. In addition, the calculation of the free cash flow includes those cash flows to

be shown under cash provided by financing activities in connection with the acquisition

or disposal of interests in subsidiaries without the loss of control.

Free cash flow of the industrial business 1st half ended June 30,

(amounts in millions of €) 2015 2014

Cash provided by operating activities 6,681 4,082

Cash used for investing activities (3,098) (1,957)

Change in marketable debt securities (157) (722)

Other adjustments (61) 44

Free cash flow of the industrial business 3,365 1,447

The free cash flow of the industrial business increased by €1.9 billion to €3.4 billion in

the first half of 2015. This increase was primarily due to the higher profit contributions

from the automotive divisions. Furthermore, positive effects resulted from the

development of other operating assets and liabilities in connection with the expansion

of business activities. In addition, there were tax refunds from the tax assessment of

previous years. There was an opposing effect from the higher increase in working

capital (defined as the net change in inventories, trade receivables and trade payables)

- 15 -

in a total amount of €0.6 billion resulting from the implementation of our growth

strategy. Increased investment in intangible assets and the capital increases carried out

at our Chinese associated companies also reduced the free cash flow.

Net liquidity of the industrial business June 30, Dec. 31,

(amounts in millions of €) 2015 2014

Cash and cash equivalents 8,822 8,341

Marketable debt securities 5,015 5,156

Liquidity 13,837 13,497

Financing liabilities 4,384 3,193

Market valuation and currency hedges for financing

liabilities

214

263

Financing liabilities (nominal) 4,598 3,456

Net liquidity 18,435 16,953

The net liquidity of the industrial business is calculated as the total amount as shown in

the statement of financial position of cash, cash equivalents and marketable debt

securities included in liquidity management, less the currency-hedged nominal

amounts of financing liabilities.

To the extent that the Group’s internal refinancing of the financial services business is

provided by the companies of the industrial business, this amount is deducted in the

calculation of the net debt of the industrial business. The Group’s internal refinancing

was of a higher volume than the financing liabilities originally taken on in the industrial

business due to the application of the industrial business’s own financial resources.

This resulted in a positive value for the financing liabilities of the industrial business,

thus increasing net liquidity, so the net liquidity of the industrial business exceeds the

gross liquidity presented here.

Compared with December 31, 2014, the net liquidity of the industrial business

increased from €17.0 billion to €18.4 billion. The increase mainly reflects the free cash

flow of €3.4 billion and positive exchange-rate effects. The net liquidity of the

industrial business was reduced by the dividend payments to the shareholders of

Daimler AG (€2.6 billion) and to the minority shareholders of subsidiaries (€0.3

billion).

Net debt of the Daimler Group June 30, Dec. 31,

(amounts in millions of €) 2015 2014

Cash and cash equivalents 9,843 9,667

Marketable debt securities 6,269 6,634

Liquidity 16,112 16,301

Financing liabilities (94,428) (86,689)

Market valuation and currency hedges for financing

liabilities

205

270

Financing liabilities (nominal) (94,223) (86,419)

Net debt (78,111) (70,118)

Net debt at Group level, which primarily results from refinancing the leasing and sales

financing business, increased compared with December 31, 2014 by €8.0 billion to

€78.1 billion.

- 16 -

The Daimler Group once again utilized attractive conditions in the international money

and capital markets for refinancing in the first half of 2015.

In the first half of 2015, Daimler had a cash inflow of €9.0 billion from the issuance of

bonds, primarily in the US capital market (H1 2014: €6.8 billion). The redemption of

bonds resulted in cash outflows of €5.6 billion (H1 2014: €5.8 billion). In the second

quarter, we made use of the particularly favorable conditions in the US-dollar market

for a bond issuance with a total volume of USD 3.0 billion.

In addition, multiple smaller emissions were undertaken in various countries. In April

for example, a bond was placed in the domestic capital market of the People’s Republic

of China, a so-called panda bond, with a volume of RMB 3.0 billion.

Furthermore, in January respectively April 2015, asset-backed securities (ABS)

transactions were conducted in the United States and Canada with volumes of USD 1.0

billion and CAD 0.4 billion respectively.

Balance Sheet Structure

The Group’s balance sheet total increased compared with December 31, 2014 from

€189.6 billion to €206.6 billion; the increase includes currency-translation effects of

€6.4 billion. Daimler Financial Services accounts for €116.7 billion of the balance sheet

total (December 31, 2014: €105.5 billion), equivalent to 56% of the Daimler Group’s

total assets, as at year-end 2014.

The increase in total assets after adjusting for exchange-rate effects is primarily due to

the increased financial services business and the sales-driven higher inventories. On the

liabilities side of the balance sheet, there were increases primarily in financing

liabilities and equity. Current assets account for 41% of total assets, at the prior-year

level. Current liabilities are also unchanged at 35% of total equity and liabilities.

Intangible assets of €9.6 billion include €7.5 billion of capitalized development costs

and €0.7 billion of goodwill. The Mercedes-Benz Cars division accounts for 71% of the

development costs and the Daimler Trucks division accounts for 20%.

Property, plant and equipment increased to €23.5 billion (December 31, 2014: €23.2

billion). In the first half of 2015, a total of €2.1 billion was invested for new products

and technologies, the expansion of production capacities and modernization, primarily

at our production and assembly sites. The sites in Germany accounted for investment in

property, plant and equipment of €1.5 billion. Most of the increase in property, plant

and equipment was caused by the effects of currency translation.

Equipment on operating leases and receivables from financial services increased to

€106.2 billion (December 31, 2014: €94.7 billion). €4.4 billion of the increase is the

result of currency translation. The increase after adjusting for exchange-rate effects

reflects the growth in new business at Daimler Financial Services, especially in the

United States, China, South Korea and Western Europe. Those assets’ share of total

assets of 51% is above the level of year-end 2014 (50%).

Equity-method investments of €2.9 billion (December 31, 2014: €2.3 billion) mainly

comprise the carrying amounts of our equity interests in Beijing Benz Automotive Co.,

Ltd. (BBAC) and BAIC Motor Corporation Ltd. in the area of cars, and in Beijing

Foton Daimler Automotive Co., Ltd. (BFDA) and Kamaz OAO in the truck business.

The increase reflects the capital increase at BBAC and the positive proportionate

earnings.

- 17 -

Inventories increased from €20.9 billion to €23.8 billion, equivalent to 12% of total

assets, slightly higher than at the end of 2014 (11%). Apart from exchange-rate effects

of €0.7 billion, the increase reflects the Group’s continued growth and the continuation

of the model offensive. This led to higher stocks of new vehicles, especially at the

Mercedes-Benz Cars division.

Trade receivables increased by €0.6 billion to €9.2 billion. The Mercedes-Benz Cars

division accounts for 47% of those receivables and the Daimler Trucks division

accounts for 32%.

Cash and cash equivalents increased compared with the end of the year 2014 by €0.2

billion to €9.8 billion.

Marketable debt securities decreased compared with December 31, 2014 from €6.6

billion to €6.3 billion. Those assets include the debt instruments that are allocated to

liquidity, most of which are publicly traded. They generally have an external rating of A

or better.

Other financial assets increased by €0.8 billion to €6.8 billion. They mainly comprise

investments – in Renault and Nissan for example – and derivative financial

instruments, as well as loans and other receivables due from third parties. The change

reflects the positive development of listed equity instruments.

Other assets of €8.2 billion (December 31, 2014: €8.3 billion) primarily comprise

deferred tax assets and tax refund claims.

The Group’s equity increased compared with December 31, 2014 from €44.6 billion to

€49.4 billion. The increase is mainly a result of the net profit of €4.4 billion. It also

reflects the positive effects of currency translation (€1.8 billion) and the measurement

of the investments in Renault and Nissan (€0.6 billion). Other factors are the actuarial

gains on defined-benefit pension plans (€2.4 billion) and positive effects of €0.4 billion

connected with the tax assessment of previous years. There were negative effects from

the payment of the dividend to the shareholders of Daimler AG in an amount of €2.6

billion and from the measurement of derivative financial instruments (€1.4 billion).

Equity attributable to the shareholders of Daimler AG increased to €48.5 billion

(December 31, 2014: €43.7 billion). The Group’s equity ratio of 23.9% was higher than

at the end of 2014 (22.1%); the equity ratio for the industrial business was 45.3%

(December 31, 2014: 40.8%).

Provisions decreased to €26.3 billion (December 31, 2014: €28.4 billion); as a

proportion of the balance sheet total, they amount to 13%, which is below the prior-year

level (15%). Adjusted for exchange-rate effects, provisions decreased by €2.6 billion.

They primarily comprise provisions for pensions and similar obligations of €10.5

billion (December 31, 2014: €12.8 billion), which mainly consist of the difference

between the present value of defined benefit pension obligations of €28.2 billion

(December 31, 2014: €30.1 billion) and the fair value of the pension plan assets applied

to finance those obligations of €18.9 billion (December 31, 2014: €18.6 billion). The

increase in discount rates, especially for the German plans from 1.9% at December 31,

2014 to 2.5% at June 30, 2015, led to a decrease in the present value of the defined

benefit pension obligations. Provisions also relate to liabilities from income taxes of

€1.6 billion (December 31, 2014: €1.6 billion), from product warranties of €5.2 billion

(December 31, 2014: €5.0 billion) and from personnel and social costs of €3.6 billion

(December 31, 2014: €3.9 billion), as well as other provisions of €5.5 billion

(December 31, 2014: €5.1 billion).

- 18 -

Financing liabilities of €94.4 billion were above the level of December 31, 2014 (€86.7

billion). As well as currency effects of €2.7 billion, the increase primarily reflects the

refinancing of the growing leasing and sales-financing business. 51% of the financing

liabilities are accounted for by notes/bonds, 27% by liabilities to financial institutions,

11% by deposits in the direct banking business, and 7% by liabilities from ABS

transactions.

Trade payables increased to €12.1 billion (December 31, 2014: €10.2 billion),

primarily due to the higher volume of business. The Mercedes-Benz Cars division

accounts for 61% of those payables and the Daimler Trucks division accounts for 26%.

Other financial liabilities of €13.1 billion were higher than the level of €10.7 billion at

December 31, 2014. They mainly consist of liabilities from derivative financial

instruments, residual value guarantees, accrued interest expenses on financing

liabilities, liabilities from wages and salaries, and deposits received. The increase is due

not only to the effects of currency translation of €0.8 billion, but in particular also to

increased liabilities from derivative financial instruments.

Other liabilities increased from €9.1 billion to €11.1 billion. They consist mainly of

deferred income of €7.0 billion (December 31, 2014: €6.0 billion), tax liabilities and

deferred taxes.

Further information on the Group’s assets, equity and liabilities is provided in the

consolidated statement of financial position, the consolidated statement of changes in

equity and the relevant notes in the Notes to the Interim Consolidated Financial

Statements.

Credit Ratings

To help debt and fixed income investors better evaluate the risk of any given

investment, the capital market uses the publicly available independent assessments of

rating agencies. Through regular discussions with the senior management of

companies, rating agencies gain an insight into the strategy and planning of the

companies that they rate. Using this information as a base, supplemented by

quantitative analysis, rating agencies evaluate the creditworthiness of the issuer

companies through a system of rating classifications. Companies which want to raise

money in the capital markets in the form of bonds, commercial paper and other debt

instruments normally need a minimum of one or better two ratings.

The higher the rating classification, the smaller is the potential risk that a company

cannot meet its debt obligations (interest and principal). The debt investor charges a

higher rate of interest for financing a higher risk. Thus a company with a strong rating

can raise capital more advantageously than a company which has a less favorable

rating. Additionally, the outlook given by a rating agency provides a supplementary

reference point for the investor in assessing the probable development of the rating.

The leading international rating agencies Standard & Poor's Rating Services (S&P),

Moody's Investors Service, Inc. (Moody's), Fitch Ratings Ltd. (Fitch) and DBRS

Limited (DBRS) rate Daimler’s commercial paper (short-term) and senior unsecured

long-term debt (long-term).

- 19 -

As of August 31, 2015, our credit ratings are as follows:

S&P Moody’s Fitch DBRS

Short-term debt A-2 P-2 F2 R-1 (low)

Long-term debt A- A3 A- A (low)

During the period between January 1 and August 31, 2015, the short-term and long-term

ratings of all four rating agencies remained unchanged.

However, on February 11, 2015, Moody’s changed the outlook of Daimler to positive

from stable. Moody’s considers that Daimler’s enhancements to its profitability and

financial metrics since 2013 have strengthened the company’s position in the A3 rating

category.

The outlook of the other three agencies remained unchanged at “stable” during the

period between January 1 and August 31, 2015.

b) Mercedes-Benz Cars

Amounts in millions of € 1st half 2015 1

st half 2014 % change

EBIT 4,068 2,592 +57

Revenue 40,645 34,775 +17

Unit Sales 960,402 808,161 +19

Production 998,920 814,097 +23

Employees1 130,878 129,106 +1

1) Figures as of June 30, 2015 and December 31, 2014.

Mercedes-Benz Cars achieved a new record for unit sales in the first half of 2015. Total

sales of the car division rose by 19% to 960,400 units (H1 2014: 808,200). With €40.6

billion, revenue was significantly higher than one year ago (H1 2014: €34.8 billion).

EBIT amounted to €4,068 million, compared with €2,592 million in the first half of

2014. For further information on the factors influencing EBIT, please refer to the

discussion of Group EBIT in “a) Daimler Group” above.

Regional sales information. In Western Europe (excluding Germany), Mercedes-Benz

Cars continued along its successful path with sales of 233,200 units, representing an

increase of 22%. The region’s unit sales were boosted significantly by the United

Kingdom (+22%) and Italy (+31%). In the highly competitive German market,

Mercedes-Benz and smart performed well with sales of 144,100 vehicles (+9%). In the

United States, Mercedes-Benz Cars achieved a new record for the first half with sales

of 178,100 units (+12%). In China, unit sales increased by 29% to 178,600 vehicles.

Growth rates in Japan and South Korea were even higher (+34% and +45%

respectively).

Product information. In the first half of this year, Mercedes-Benz sold 208,600 cars of

the A-/B-Class, which is 9% more than in the prior-year period. 221,300 units of the

C-Class were sold (+61%), while sales of the E-Class totaled 150,900 units in the year

before the model change (H1 2014: 169,400). We achieved a new record with the

S-Class, selling 57,600 sedans and coupes (+6%). From January through June,

worldwide sales of the GL-Class (including the GLA, GLK/GLC, ML/GLE, GL/GLS

- 20 -

and G-Class) rose by 25% to a new high of 243,400 units. The new smart fortwo and

smart forfour were also successful in the first half with sales of 63,800 units, which is

39% more than in the prior-year period.

For the unit sales by regions and the total number of production for Mercedes-Benz

Cars, please refer to the table in “2. Conditions of Production, Order and Sales” above.

c) Daimler Trucks

Amounts in millions of € 1st half 2015 1

st half 2014 % change

EBIT 1,154 796 +45

Revenue 17,855 15,087 +18

Unit Sales 237,537 234,595 +1

Production 249,208 249,745 -0

Employees1 83,295 82,743 +1

1) Figures as of June 30, 2015 and December 31, 2014.

Daimler Trucks’ half-year unit sales were 1% above the prior-year level at 237,500.

Revenue increased to €17.9 billion (H1 2014: €15.1 billion). EBIT of €1,154 million

was significantly above the prior-year period (H1 2014: €796 million). For further

information on the factors influencing EBIT, please refer to the discussion of Group

EBIT in “a) Daimler Group” above.

Regional sales information. Lower unit sales in Latin America and Indonesia were

mainly offset by increased sales in the NAFTA region, where Daimler Trucks sold

90,200 vehicles. The increase of 19% compared with the prior-year period was driven

not only by the generally strong market development. A major factor was that we

succeeded in further extending our market leadership in Classes 6 to 8.

Sales of 26,700 units in Western Europe were 7% higher than in the first half of last

year. Despite lower market shares in Western Europe and Germany, our

Mercedes-Benz trucks defended their market leadership in an environment of

aggressive pricing. In Turkey, sales of 12,800 units were significantly above the

prior-year level (H1 2014: 10,200).

Due to the difficult economic conditions in Latin America, unit sales in that region

decreased significantly to 15,800 vehicles (H1 2014: 22,100). In Brazil, the main

market of the region, sales fell by 47% to 8,600 units. Nonetheless, our market share in

the medium- and heavy-duty segment remained stable at 24.9%.

In Asia, our sales of 72,700 units were significantly below the prior-year level (H1

2014: 83,500). This was almost solely the result of a market-related drop in unit sales in

Indonesia of 42% to 19,500 vehicles. In Japan, we sold 22,700 units (+1%). In India,

Daimler Trucks increased its unit sales to 6,700 vehicles (+36%). The market share of

Bharat-Benz in the segment of medium- and heavy-duty trucks in India improved to

7.1% (H1 2014: 5.6%). The product portfolio of BharatBenz is being expanded again

with the new heavy-duty truck BharatBenz 3143, which is designed for use on mining

and construction sites.

Product information. At the Mid-America Trucking Show, Daimler Trucks provided

further evidence of our technological leadership with the new SuperTruck study. We

initiated the SuperTruck research and development project in 2010 and received

- 21 -

financial support from the US Department of Energy. The goal of the Department of

Energy was to improve the transport efficiency of Class 8 trucks by 50%. Daimler

significantly surpassed this goal with the SuperTruck, which achieves an efficiency

gain of 115% over a comparable truck from the year 2009. The focus here was on

demonstrating technical, not economic, feasibility.

The first gas engine of the new Euro VI generation was produced in March. Thanks to

innovative technology, the new six-cylinder engine achieves the performance of a

diesel engine while setting new standards for noise and exhaust emissions. The use of

biogas results in a further improvement in the CO2 footprint.

Daimler Trucks is the first manufacturer worldwide to have a truck approved for road

use in autonomous driving mode: the Freightliner Inspiration Truck in the state of

Nevada. This truck is equipped with the intelligent Highway Pilot System for

autonomous driving.

In a readers’ poll on the best commercial vehicles carried out by the

EuroTransportMedia publishing house, the readers voted the Mercedes-Benz products

Atego, Antos, Actros and Arocs as the winners of their respective categories. This

year’s Green Truck Award was won by the Mercedes-Benz Actros, which features

lower fuel consumption than its competitors.

In China, we hold a 50% interest in BFDA, a joint venture with Beiqi Foton Motor Co.,

Ltd. BFDA sold 34,800 trucks under the Auman brand name in the first half of this

year.

For the unit sales by regions and the total number of production for Daimler Trucks,

please refer to the table in “2. Conditions of Production, Order and Sales” above.

d) Mercedes-Benz Vans

Amounts in millions of € 1st half 2015 1

st half 2014 % change

EBIT 449 365 +23

Revenue 5,244 4,706 +11

Unit Sales 145,416 137,128 +6

Production 161,229 155,426 +4

Employees1 16,981 15,782 +8

1) Figures as of June 30, 2015 and December 31, 2014.

Mercedes-Benz Vans increased its unit sales by 6% to 145,400 vehicles in the first half

of 2015. Revenue of €5.2 billion was also above the prior-year level (H1 2014: €4.7

billion), while EBIT rose to €449 million (H1 2014: €365 million). For further

information on the factors influencing EBIT, please refer to the discussion of Group

EBIT in “a) Daimler Group” above.

Regional sales information. In its core region of Western Europe, Mercedes-Benz Vans

achieved further significant growth in unit sales of 8% to 96,000 vehicles. Demand was

particularly strong for our attractive products in the major markets of Western Europe,

with strong growth in France (+9%), Italy (+22%) and Spain (+23%). Sales increased

also in Germany, the domestic market, to the number of 40,600 units (+9%). Primarily

due to the high level of demand in Turkey, unit sales in Eastern Europe grew by 20% to

14,800 vehicles.

- 22 -

There was a continuation of the positive development of unit sales in the NAFTA

region: Mercedes-Benz Vans sold substantially more Sprinter vans than in the

prior-year period in Canada (+21%), and sales in the United States increased by 17% to

14,300 units. The market environment remained difficult in Latin America, where unit

sales were down by 3% compared with the first half of last year. Significantly higher

unit sales in Argentina did not offset the sharp decrease in Brazil. In China, sales of

2,800 units (H1 2014: 6,600) were significantly below the prior-year period, primarily

due to the upcoming model change for the medium-sized vans.

Product information. The market success was driven in particular by our new products

in the segment of mid-sized vans, where we achieved overall growth in unit sales of

13% to 46,800 vehicles in the first half. The V-Class multipurpose vehicle continued to

be very popular with our customers, with sales of 14,000 units in the first half (H1

2014: 11,800). Our urban delivery van Mercedes-Benz Citan accounted for sales of

9,200 units (H1 2014: 9,700). We sold 89,500 units of the Sprinter worldwide in the

first half of 2015, which is 4% more than in the prior-year period.

For the unit sales by regions and the total number of production for Mercedes-Benz

Vans, please refer to the table in “2. Conditions of Production, Order and Sales” above.

e) Daimler Buses

Amounts in millions of € 1st half 2015 1

st half 2014 % change

EBIT 91 103 -12

Revenue 1,914 1,907 +0

Unit Sales 13,018 14,772 -12

Production 15,730 16,591 -5

Employees1 16,549 16,631 -0

1) Figures as of June 30, 2015 and December 31, 2014.

Daimler Buses’ unit sales of 13,000 buses and bus chassis in the first half were below

the number of 14,800 units sold in the prior-year period. Growth in Western Europe and

Turkey due to increased demand for complete buses partially offset the fall in unit sales

of bus chassis in Latin America. Revenue of €1.9 billion was at the prior-year level.

EBIT amounted to €91 million (H1 2014: €103 million). For further information on the

factors influencing EBIT, please refer to the discussion of Group EBIT in “a) Daimler

Group” above.

Regional sales information. Daimler Buses’ growth in unit sales of complete buses

continued in the first half of 2015 due to the positive development of demand in

Western Europe and Turkey. In Western Europe, 3,000 units of the Mercedes-Benz and

Setra brands were sold (H1 2014: 2,800). The division clearly maintained its market

leadership in Germany, the domestic market, although sales of 1,000 units were below

the very high level of the prior-year period (H1 2014: 1,300). In Turkey, we sold 700

units (H1 2014: 400).

In Latin America (excluding Mexico), sales of 6,200 bus chassis in the reporting period

were significantly lower than in the previous year (H1 2014: 8,300). The difficult

economic situation in Brazil, the region’s biggest market, had a very negative impact on

demand for chassis. In Mexico, we sold 1,500 units (H1 2014: 1,700).

- 23 -

Product information. At the UITP congress in Milan, the exhibits we presented

included the M 936 G Euro VI gas engine for the Mercedes-Benz Citaro, which will

facilitate significant reductions in fuel consumption and CO2 emissions. In addition,

the Daimler Buses roadmap for alternative drive systems was presented, with plans for

battery-powered electric drive (Citaro E-CELL) as well as fuel-cell drive (Citaro

F-CELL). Both concepts will be based on a modular electric platform.

For the unit sales by regions and the total number of production for Daimler Buses,

please refer to the table in “2. Conditions of Production, Order and Sales” above.

f) Daimler Financial Services

Amounts in millions of € 1st half 2015 1

st half 2014 % change

EBIT 854 733 +17

Revenue 9,318 7,637 +22

New Business 27,992 21,353 +31

Contract Volume1 110,593 98,967 +12

Employees1 9,610 8,878 +8

1) Figures as of June 30, 2015 and December 31, 2014.

Daimler Financial Services concluded approximately 723,000 new leasing and

financing contracts with a total value of €28.0 billion in the first half, increasing its new

business by 31% compared with the prior-year period. Contract volume reached €110.6

billion at the end of June, which is 12% higher than at the end of 2014. EBIT amounted

to €854 million (H1 2014: €733 million). For further information on the factors

influencing EBIT, please refer to the discussion of Group EBIT in “a) Daimler Group”

above.

In the insurance business, Daimler Financial Services brokered 22% more

automotive-related policies than in the prior-year period. Worldwide, almost 800,000

new insurance contracts were concluded through Daimler Financial Services in the first

half of 2015. The development of the insurance business was particularly successful in

China, where approximately 129,000 policies were brokered, 49% more than in the

prior-year period.

Europe. In the whole of Europe, approximately 363,000 new leasing and financing

contracts were signed in the first half, up by 10% from the prior-year period. New

business increased by 13% to €11.5 billion. Demand for our financial services was

particularly high in Italy (+38%) and Spain (+43%). Mercedes-Benz Bank’s deposit

volume in the direct banking business amounted to €10.5 billion at the end of the first

half, remaining fairly stable compared with the end of 2014 (-2%). Contract volume in

Europe rose compared with year-end 2014 by 7% to €43.3 billion.

Americas. In the Americas region, Daimler Financial Services achieved growth in new

business of 41%; the value of all newly signed contracts totaled €11.0 billion. New

business in the United States increased by 51%. Total contract volume in the Americas

region of €48.6 billion was 13% higher than at the end of 2014.

Africa & Asia-Pacific. Growth in new business was especially strong in the Africa &

Asia-Pacific region, rising by 62% to €5.5 billion in the first half. In India and China,

the value of newly signed leasing and financing contracts increased compared with the

prior-year period by 126% and 118% respectively. Contract volume in the Africa &

- 24 -

Asia-Pacific region amounted to €18.6 billion at the end of June, representing growth

of 21% compared with year-end 2014.

g) Reconciliation

Amounts in millions of € 1st half 2015 1

st half 2014 % change

EBIT 8 293 -97

Share of profit from equity-method

investments

66

732

-91

Other corporate items (80) (452) —

Eliminations 22 13 +69

Revenue (3,213) (3,111) —

The reconciliation of the divisions’ EBIT to Group EBIT comprises gains and/or losses

at the corporate level as well as effects on earnings from the elimination of intra-group

transactions between the divisions.

Items included in the reconciliation from the EBIT of the divisions to Group EBIT had

a net positive impact of €8 million in the first half of this year (H1 2014: €293 million).

Items at the corporate level resulted in an expense of €14 million (H1 2014: income of

€280 million). The prior-year period was affected in particular by a gain of €718

million on the remeasurement of the shares in Tesla. However, that period was also

affected by expenses of €229 million from hedging the Tesla share price and of €118

million from exercising the put option on the investment in RRPSH.

The elimination of intra-group transactions resulted in income of €22 million in the first

half of 2015 (H1 2014: €13 million).

Included in the column “Reconciliation” is revenue of minus €3.2 billion for the first

half of 2015 (H1 2014: minus €3.1 billion), which mainly represents eliminations of

intersegment transactions.

- 25 -

IV. Conditions of Facilities

1. Conditions of Principal Facilities

No material change during the six-month period ended June 30, 2015.

2. Plans for Installation or Removal of Facilities, etc.

As part of our strategic planning and operations, we are continuously monitoring our

production capacity in relation to developing and anticipated industry changes and

market conditions. As these conditions fluctuate, we adjust our capacity by opening,

closing, selling, expanding, or downsizing production facilities, or by adding or

eliminating work shifts.

In order to achieve our ambitious growth targets, we will expand our product range in the

coming years and develop additional production and distribution capacities. We also

want to make sure that we can play a leading role in the far-reaching technological

transformation of the automotive industry. For this purpose, we will once again slightly

increase our already very high investment in property, plant and equipment in the year

2015.

Our assembly and component plants for passenger cars continue to operate at high levels

of capacity utilization. With the start of production of the CLA Shooting Brake at the

Mercedes-Benz plant in Kecskemét, the start of the GLA at our joint venture in Beijing,

the new GLE Coupé and the upgraded models of the GLE at the Mercedes-Benz plant in

Tuscaloosa, the new GLC at the Mercedes-Benz plant in Bremen and the A-Class in

Rastatt, we have renewed our manufacturing portfolio. In addition, we are continuously

expanding our global production network in line with our growth strategy. One example

is the start of production of the GLA SUV at the assembly plant in Pune (India). As a

further step in the continuous expansion of our flexible and efficient global production

network, we laid the foundation stone for a new Mercedes-Benz plant in Iracemápolis

(Brazil) in early February.

Daimler Trucks is working continuously on improving its competitiveness and will

therefore focus even more intensively on its core business in the future. In line with this

strategy, it was decided in late February to sell the South African foundry company. The

new owner is an established supplier that will continue to supply us with high-quality

cylinder crankcases. The transaction was closed in the second quarter of 2015.

A new production plant of Mercedes-Benz Vans is being established in Charleston in the

US state of South Carolina. In the future, this plant will optimally supply our customers

in North America with the next generation of the Sprinter. In the coming years,

Mercedes-Benz Vans will invest approximately half a billion US dollars in the new van

plant in Charleston. Construction of the new factory will start in 2016 and will include a

completely new body shop, a paint shop and final assembly for the Sprinter. In this way,

we will further develop our worldwide production network and will reach a new

milestone in our “Mercedes-Benz Vans goes global” growth strategy.

Following the Mercedes-Benz Sprinter, we are making the new Vito into our second

world van. In March, Mercedes-Benz Vans presented the medium-sized van under the

name Metris for the North American market. In June, after the premiere of the new Vito

at the Buenos Aires International Motor Show, it successfully went into production at the

Centro Industrial Juan Manuel Fangio Mercedes-Benz plant near Buenos Aires. So with

- 26 -

the Vito, an additional model from Mercedes-Benz Vans is utilizing the potential of the

North and South American market.

A new bus plant was opened in the first half of 2015 at the production site in Chennai,

India. Under the BharatBenz brand, front-engine buses with bodies from Wrightbus, a

British manufacturer, will be available to meet the needs of the Indian volume market

as of the fall. For the premium segment, rear-engine buses will be produced under the

Mercedes-Benz brand. This will enable Daimler Buses to benefit from the enormous

growth potential of the Indian market.

In Latin America, we have opened a new plant for the assembly of bus chassis in Funza

near Bogotá, Colombia. In this way, Daimler Buses is preparing for the growing demand

for buses and helping to provide efficient mobility solutions in the region.

- 27 -

V. Conditions of the Company

1. Information Concerning Shares, etc.

(1) Total Number of Shares, etc.

(i) Total number of shares

Approved number of Shares: 1,592,615,185

(as of June 30, 2015)

Issued Shares: 1,069, 837,447 (0 of them treasury shares)

(as of June 30, 2015)

Shares not yet issued: 522,777,738

(as of June 30, 2015)

348,518,492 (Authorized/Approved

Capital 2014)

174,259,246 (Conditional Capital 2015)

Authorized/Approved Capital 2014: After the Authorized/Approved Capital 2009

expired on April 7, 2014, a new Authorized/Approved Capital 2014 has been created.

By resolution of the Annual Shareholders’ Meeting held on April 9, 2014, the Board of

Management was authorized, with the consent of the Supervisory Board, to increase the

Company’s share capital in the period until April 8, 2019 by a total of

€1,000,000,000.00, in one lump sum or by separate partial amounts at different times,

by issuing new, registered no par value shares in exchange for cash and/or non-cash

contributions (Authorized/Approved Capital 2014). Among other things, the Board of

Management was authorized, with the consent of the Supervisory Board, to exclude

shareholders’ subscription rights under certain conditions. No use has yet been made of

this authorization.

Conditional Capital 2015: By resolution of the Annual Shareholders’ Meeting on

April 1, 2015, the Conditional Capital 2010 has been cancelled and a new Conditional

Capital 2015 has been created. The Board of Management was authorized until March

31, 2020, to issue, with the consent of the Supervisory Board, once or several times

convertible bonds and/or warrant bonds or a combination of these instruments

(“bonds”) with a total face value of up to €10 billion and a maturity of no more than ten

years. The Board of Management, with the consent of the Supervisory Board, is

allowed to grant the holders of these bonds conversion or warrant rights for new

registered no par value shares in Daimler AG with an allocable portion of the share

capital of up to €500 million in accordance with the details defined in the terms and

conditions of the bonds. The bonds can also be issued by majority-owned direct or

indirect subsidiaries of Daimler AG. Accordingly, the share capital is conditionally

increased by an amount of up to €500 million (Conditional Capital 2015). The

authorization to issue convertible and/or warrant bonds has not yet been exercised.

For further details on the before mentioned authorized and conditional capital, please

refer to section II. Share Capital and Shares, Article 3 (§ 3) Share Capital, of the

Company’s Articles of Incorporation.

- 28 -

(ii) Issued and outstanding shares

Kind: registered ordinary shares, no par value

Number of shares: 1,069, 837,447 (0 of them treasury

(as of June 30, 2015) shares)

Stock Exchanges on which the Shares are

listed or Securities Dealers Associations

with which the Securities are registered: Our ordinary shares are listed on the

Frankfurt Stock Exchange and the

Stuttgart Stock Exchange.

Contents: N/A

(2) Conditions of Execution of a Convertible Bond with a Floating Conversion Ratio,

etc.

Not applicable.

(3) Total Number of Issued Shares and Capital

Date or time

Increase in

share capital

Total share capital

after the increase/

change in €

Remarks

(ten thousand Yen)

Balance as of

Dec. 31, 2014

1,069,837,447 shares 3,069,671,971.76

(41,765,957)

End of financial

2014

Balance as of

June 30, 2015

1,069,837,447 shares 3,069,671,971.76

(41,765,957)

End of first half

2015

There has been no change in the number of issued shares and the share capital between

January 1, 2015 and June 30, 2015. The total number of issued shares of the Company

amounted to 1,069,837,447 on June 30, 2015.

(4) Major Shareholders

Our capital stock consists of ordinary shares without par value (Stückaktien). Our

ordinary shares are issued in registered form. Under our Articles of Incorporation

(Satzung), each ordinary share represents one vote. Major shareholders do not have

different voting rights.

German law requires notification of real shareholding only if (i) the voting rights reach

a certain level or (ii) the voting rights exceed or fall below such certain level. “Certain

level” means, the certain percentages of voting rights owned: 3%, 5%, 10%, 15%, 20%,

25%, 30%, 50% and 75%. The chart below is based on the notifications that Daimler

received from the respective shareholders until August 31, 2015. In case of an investor

with a multi-level structure, each company in the chain of companies controlled by the

investor is subject to the obligation to notify reaching, exceeding or falling below the

legal thresholds for significant shareholdings. If, for instance, an investor acquires 3%

- 29 -

of voting rights indirectly via a second-tier subsidiary, the parent company, the

subsidiary and the second-tier subsidiary must notify that they have reached the

3%-threshold, although the investor does not hold 9% but only 3%, effectively. This

fact is indicated in the notification that must refer to the attribution of voting rights held

by subsidiaries.

The table below shows the number of ordinary shares held by major shareholders who

substantially hold at least 3% in total and their percentage of ownership as notified on

or before August 31, 2015. As there may have been changes in the notified

shareholding that did not touch the legal thresholds and therefore did not need to be

notified, the exact shareholding may have changed until August 31, 2015.

Identity of the Person

or Group

Address Shares owned Percent

Kuwait Investment

Authority as agent for

the Government of the

State of Kuwait

Ministries Complex,

AlMurqab, Kuwait

City, Kuwait

73,169,320 6.8%

BlackRock, Inc. 55 East 52nd

Street

New York, NY

10055, USA

59,886,291 5.6%1

Renault S.A.

Nissan Motor Co. Ltd

13-15, Quai Alphonse

Le Gallo, 92100

Boulogne-Billancourt,

France

1-1, Takashima

1-chome, Nishi-ku,

Yokohama-shi,

Kanagawa 220-8686,

Japan

16,448,378

16,448,378

1.54%

1.54%

Sum of Renault S.A. and

Nissan Motor Co. Ltd 32,896,756 3.1%

2

1) In this table, we describe only the shareholding of BlackRock Inc., based on the formal notification

referring to August 20, 2015. From January 1, 2015 to August 31, 2015, we received several

voting-rights notifications from companies within the BlackRock group. According to the most

recent notifications, the voting rights held by BlackRock Holdco 2, Inc. and BlackRock Financial

Management, Inc. amounted to 5.52% on August 20, 2015. Based on voting-rights notifications we

received in 2014, the voting rights held by BlackRock Advisors Holdings, Inc., BlackRock

International Holdings, Inc. and BR Jersey International Holdings L.P. amounted to 2.97% on

November 14, 2014. The voting rights held by BlackRock Group Limited amounted to 2.99% on

October 28, 2014. As we have no knowledge of the internal structure of the BlackRock group, we

cannot confirm, which shareholding of which BlackRock company is attributed to which other

BlackRock company.

2) Based on the formal notification referring to April 28, 2010.

From January 1, 2015 to June 30, 2015, Daimler received the following voting rights

notifications based on exceeding, reaching or falling below the notification thresholds

of 3%, 5%, 10%, 15%, 20%, 25%, 30%, 50% and 75% for the holding of real shares (to

be distinguished from instruments only granting the right or enabling to acquire

shares):

- 30 -

In the first half of 2015, we received several voting-rights notifications from companies

within the BlackRock group. According to the last notification received in the first half

of 2015, BlackRock, Inc. held 5.30% of our shares on May 29, 2015. The voting rights

held by BlackRock Holdco 2, Inc. and BlackRock Financial Management, Inc.

amounted to 5.21% as of that date.

Norges Bank, Oslo, and the Norwegian Ministry of Finance, in the name of and on

behalf of the State of Norway, notified us on March 27, 2015 that the number of shares

held by Norges Bank had dropped below the notification threshold of 3% stipulated by

Section 21 of the WpHG on March 26, 2015. On April 10, 2015, this threshold was

once again exceeded and the bank held 3.05% of the voting rights in Daimler as per this

date.

Additional notifications received between January 1, 2015 and June 30, 2015 are based

on notification requirements for instruments granting a right to acquire shares or just

enabling to acquire them. For further details regarding such notification requirements,

please refer to I. Outline of the Legal and other Systems of the Company’s Country of

Incorporation, 1. Outline of the Corporate System, etc., (2) The Corporate System as

Provided for by Law and in the Articles of Incorporation of the Company, (j)

Disclosure of Shareholdings of the Securities Report filed on June 25, 2015.

Between July 1, 2015 and August 31, 2015, Daimler received the following voting

rights notifications:

We received several voting-rights notifications from companies within the BlackRock

group. According to the most recent notifications, BlackRock, Inc. held 5.62% of our

shares on August 20, 2015. The voting rights held by BlackRock Holdco 2, Inc. and

BlackRock Financial Management, Inc. amounted to 5.52% as of that date.

Norges Bank, Oslo, and the Norwegian Ministry of Finance, in the name of and on

behalf of the State of Norway, notified us on August 11, 2015 that the number of shares

held by Norges Bank had dropped below the notification threshold of 3% stipulated by

Section 21 of the WpHG on August 10, 2015 and amounted to 2.99% of the voting

rights in Daimler as per this date.

2. Trends in Share Prices

The table below shows the highest and lowest stock prices for our ordinary shares on

Xetra, which stands for Exchange Electronic Trading, for each of the first six months of

the year. Xetra is an integrated electronic exchange system which is an integral part of

the Frankfurt Stock Exchange, the most significant of the German stock exchanges.

Month: Jan 15 Feb 15 Mar 15 Apr 15 May 15 June 15

Stock price per share

(in €)

Highest: 81.05 86.51 95.79 90.15 89.97 86.74

Lowest: 66.17 80.64 85.60 84.81 84.36 80.28

- 31 -

3. Directors and Officers

(a) The Supervisory Board

The following changes in the Supervisory Board have occurred since year-end 2014:

Jürgen Langer stepped down from the Supervisory Board as of December 31, 2014. With

effect as of January 1, 2015, Michael Bettag was appointed by the court to the

Supervisory Board as his successor representing the employees.

At the close of the Annual Meeting on April 1, 2015, the period of office of Dr. Paul

Achleitner as member of the Supervisory Board ended. The Annual Meeting of

Shareholders on April 1, 2015 reelected Dr. Paul Achleitner, Munich, chairman of the

Supervisory Board of Deutsche Bank AG, as member of the Supervisory Board

representing the shareholders effective as of the end of that Annual Meeting for the

period until the end of the Annual Meeting that passes a resolution on the ratification of

the actions of the Boards for the year 2019, i. e. until 2020.

(b) The Board of Management

The following changes in the Board of Management have occurred since year-end

2014:

The Supervisory Board appointed Ola Källenius as a new member of the Board of

Management with responsibility for “Mercedes-Benz Cars Marketing & Sales” for a

period of three years with effect as of January 1, 2015, and adjusted the schedule of

responsibilities accordingly.

In the Supervisory Board meeting on February 13, 2015, Hubertus Troska was

reappointed as a member of the Board of Management of Daimler AG with

responsibility for “Greater China” for a further five years with effect as of January 1,

2016.

(c) Compensation of the Supervisory Board and Board of Management

For information on the compensation of the Supervisory Board and the Board of

Management please refer to the statements as disclosed in the Securities Report filed on

June 25, 2015, especially described under ‘‘(c) Compensation of the Supervisory Board

and Board of Management’’ in section “V. Description of the Company”, subsection “4.

Directors and Officers.”

- 32 -

VI. Conditions of Accounting

The unaudited condensed consolidated financial statements, prepared according to

IFRS, and additional explanations required under Japanese law have been omitted.

They are included on pages 38 to 84 of the original Japanese version.

VII. Trends in the Foreign Exchange Rate

Omitted because the foreign exchange rates between Yen and Euro, the currency used

in the Company's financial statements, have been published for the first six months of

the year in more than one Japanese newspaper concerning current events.

VIII. Reference Information

The following documents have been filed since the commencement of the relevant half

financial year up to the filing date of this Semi-Annual Report.

a) Securities Report and its attachments filed with the Director General of the Kanto

Local Finance Bureau on June 25, 2015.

(For the financial year from January 1, 2014 through December 31, 2014)

b) Extraordinary Report

Not applicable.

c) Amendment

Not applicable.

d) Securities Registration Statement

Not applicable.

e) Amendment to the Shelf Registration Statement

Not applicable.

PART 2. INFORMATION REGARDING GUARANTORS, ETC. OF ISSUER

Not applicable.