Mr. Stuber, why was it important and right to revise the Daimler Truck Code of Conduct?

Jörg Stuber: With the spin-off from Daimler AG, we wanted to ensure that our own DNA is reflected in the document that defines how we work together successfully: our guideline to doing the right thing. Therefore, we have created our own Daimler Truck Code of Conduct, based on our jointly developed corporate principles: We start with listening. We build to solve. We lead with the long view. We progress together.

Of course, we have also updated its content. However, it was important for us that the policy reflects our drive, the purpose of our company: For all who keep the world moving.

Ms. Lehnhoff, Mr. Stuber mentioned several reasons why revising the Daimler Truck Code of Conduct was necessary. However, why does Daimler Truck still require such a guideline?

Anne Lehnhoff: When answering this question, it is important to consider various aspects. Firstly, the guideline reflects the common set of values at Daimler Truck. Above all, our Board of Management uses the Daimler Truck Code of Conduct to communicate its expectations regarding responsible behavior. The policy also provides guidance for our day-to-day work, which is particularly important. In addition, the guideline serves not only as a support tool internally but also has a formal function. In the ESG context, it is a crucial component of the “G” pillar of corporate governance, communicating our behavior guidelines to external parties.

The Daimler Truck Code of Conduct covers various relevant topics, including the way we collaborate and the legal regulations that apply to us as a company and employees. A crucial aspect is discussing openly - in short speak-up culture. How essential is it in your daily work?

Jörg Stuber: Very essential. We are amid the biggest transformation in the commercial vehicle industry, and mistakes can happen in such a dynamic environment. From my point of view, it is crucial to address potential mistakes openly because I have learned that you can solve problems together far better than alone. And that only works if you talk to each other in a transparent way. That is why I am convinced that a positive error culture is essential. In cases where the opportunities for dialogue reach their limits in everyday work, we have established our Speak Up platform, which can be used to report potential misconduct.

Mr. Stuber, to conclude with a slightly provocative question: Why is it worth reading the Daimler Truck Code of Conduct?

Jörg Stuber: The Daimler Truck Code of Conduct should be seen as our reference work: If you are confronted with a question in a challenging situation, for example in the event of a conflict of interest, simply pick up the document and look up what the policy recommends. Many issues in your own environment can be resolved quite easily. Therefore, I recommend reading the document more than just one time.

Mr. Stuber, Ms. Lehnhoff, thank you very much for your time and the interesting conversation.

[The interview was conducted on January 25, 2024.]