Jörg Lamparter becomes Board Member FUTURE TOPIC "MOBILITY" TO HAVE ITS OWN EXECUTIVE BOARD DIVISION

May 08, 2019 - Jörg Lamparter, Head of Mobility Services, to become Daimler Financial Services AG Board Member for "Digital and Mobility Solutions", effective June 1, 2019 Benedikt Schell, currently Chief Experience Officer (CXO) on the Board of Management for Daimler Financial Services AG, moving to the position of Chairman of Mercedes-Benz Bank AG in Germany

Daimler Financial Services AG is strategically realigning key areas of its business by establishing a new division on the Board of Management. Effective June1, 2019, Jörg Lamparter is poised to become a new Member of the Daimler Financial Services AG Board of Management for “Digital and Mobility Solutions”, leading the Digital and Mobility Services.

As Head of Daimler Mobility Services GmbH, Lamparter was previously responsible for mobility services. At the end of 2018, Daimler AG had around 31 million customers worldwide in this growth area. Lamparter also played a major role in spearheading the joint venture with BMW Group in January 2019, bringing Daimler’s mobility products and services – car2go, moovel and mytaxi – under the newly created company YOUR NOW. In addition, Lamparter will in future be responsible for the complete digitization of products and processes within the company. He will also remain Head of Daimler Mobility Services GmbH.

In Jörg Lamparter, we are gaining a recognized expert in digital mobility services as a new Member of the Board of Management. Within Daimler Financial Services AG he will play a fundamental role in merging the growing fields of digitization and mobility.

Klaus Entenmann Chairman of Daimler Financial Services AG

With these personnel and organizational changes, the company is preparing for its renaming as Daimler Mobility AG in July. Franz Reiner, currently Member of the Board of Management for the Europe Region and Chairman of Mercedes-Benz Bank AG in Germany, will become the company’s new Chairman on June 1, 2019, succeeding Klaus Entenmann, who will retire at the end of the year.

Benedikt Schell, currently Chief Experience Officer (CXO) and Member of the Board of Management for Daimler Financial Services AG, will take over the position of Chairman of Mercedes-Benz Bank AG in Germany, succeeding Franz Reiner on June 1, 2019. At the same time, Schell will step down from the Board of Management of Daimler Financial Services AG.

As CXO, Benedikt Schell played a fundamental role in the successful implementation of our digitization strategy to date. The Digital Solution Centers that were established under his leadership are a key element of our digital transformation and are critical in our ability to swiftly launch scalable products and services.

Klaus Entenmann Chairman of Daimler Financial Services AG

About Jörg Lamparter:

In his function as Head of Mobility Services at Daimler Financial Services AG, Jörg Lamparter is responsible for areas that will change the future of mobility. An important milestone was January 31, 2019, which saw the successful completion of the mobility joint ventures between Daimler AG and the BMW Group in the areas of ride-hailing (FREE NOW), car sharing (SHARE NOW), multimodal mobility (REACH NOW), parking (PARK NOW) and charging (CHARGE NOW).

As Head of Mobility Services, Lamparter is also responsible for autonomous services, digital mobility solutions, urban mobility concepts and for the management of portfolio investments in several companies, such as Blacklane, FlixMobility, Taxify, Turo, Via, among others. These topics will continue to report to Lamparter.

Lamparter, a technical business economist graduate, joined the former Daimler-Benz AG in 1996 and has held various positions in Germany and abroad. In the early 2000s, he played a central role in establishing an internet-based car financing startup in the USA. From June 2006 until the end of 2011, Lamparter was responsible for setting up and developing Mercedes-Benz Financial Services Canada Corporation outside Toronto, Canada.

Following, he became Director Sales & Marketing, managing the sales and marketing activities for the Passenger Car and Commercial Vehicle unit of Daimler Financial Services AG in Stuttgart until September 2013. From July 2013 to February 2016 he was Head of Sales at Mercedes-Benz Bank AG. Between March 2016 and October 2017, Lamparter was CEO of the moovel Group, responsible for all activities of the moovel Group (Stuttgart) and moovel North America (Portland, Oregon).

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