In 2025, Daimler Truck Holding AG (“Daimler Truck”) delivered resilient financial Group results within its guided range in a demanding business environment defined by declining key markets. Trucks North America achieved strong overall profitability despite tariff headwinds and a weak demand landscape throughout the year. Mercedes‑Benz Trucks contributed solid profitability driven by higher unit sales in Europe and the accelerated implementation of Cost Down Europe efficiency program measures. Trucks Asia delivered robust performance supported by positive unit sales developments in Indonesia and the Middle East. Daimler Buses reported a strong fourth‑quarter result and double‑digit profitability for the first time ever. Financial Services delivered an improved Return on Equity supported by continued cost discipline.