December 11, 2014

Supervisory Board of Daimler AG appoints Ola Kallenius to the Board of Management

The Supervisory Board of Daimler AG has appointed Ola Kallenius (45) as a member of the company's Board of Management with effect from January 1, 2015 until December 31, 2017. He will continue to be responsible for worldwide car Marketing & Sales. The Supervisory Board
of Daimler AG has thus expanded the Board of Management to eight members once again.

"Ola Kallenius will make our Board of Management younger and more international. These are two characteristics that we increasingly see also amongst our customers.With his wide-ranging experience, Mr. Kallenius will help us to optimally address customers' needs and to achieve the growth targets of our 'Mercedes-Benz 2020' strategy," said Dr. Manfred Bischoff, Chairman of the Supervisory Board of Daimler AG.

Ola Kallenius, born in Sweden on June 11, 1969, has been a member of the Divisional Board of Mercedes-Benz Cars responsible for Marketing & Sales since October 2013. From 2010 until 2013, he was Chairman of the Management Board at Mercedes-AMG GmbH. In 2009, as President and Chief Executive Officer of Mercedes-Benz U.S. International, Inc., he led the production side of the sport utility vehicles, the M-, R- and GL-class. Before that, he was Managing Director of Mercedes-Benz High Performance Engines Ltd. in Brixworth, United Kingdom, where he was responsible for the design, development and production of Mercedes-Benz Formula 1 engines. From 2003 onwards, he had been Executive Director Operations at McLaren Automotive Ltd. He started his career in the corporation's Management Associate Program of the former Daimler-Benz AG in 1993. He started his career in Planning and Reporting and was rapidly assigned to various managerial positions within Daimler AG, including Director Powertrain Procurement of Mercedes Car Group. He attained a Master's degree in International Management and in Finance and Accounting at the Stockholm School of Economics and the University of St. Gallen.


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