Green Bond Fact Sheet

Daimler AG

Date: 01/10/2020

Issue date: 10-09-2020 Maturity date: 10-09-2030 Tenor: 10Issuer nameDaimler AG

Amount issued

EUR1bn/USD1.1bn

Country of risk

Germany

CBI Database

IncludedIssuer type1

Financial Corporate

Bond type

N/A

Green bond framework

N/A

Second party opinion

CICERO

Certification Standard

Not certified

Assurance report

N/A

Certification verifier

N/AGreen bond rating

N/A☒ Energy☒ Solar☒ Onshore wind
☐ Offshore wind
☒ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid☐ Energy storage☒ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Buildings☐ Certified Buildings☐ HVAC systems☐ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☒ Transport☒ Electric vehicles☐ Low emission
vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☒ Industry: components☐ Adaptation & resilience☒ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Waste management☐ Recycling☒ Waste prevention☒ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingCompany information

Daimler will annually publish a Green Finance Investor Report until full allocation of theproceeds and thereafter in case of any material change in the allocation. The allocation
reporting will include information such as the description of the portfolio and amounts
allocated and disbursed per category and geographical distribution. Where feasible, impact
reporting will contain data on an aggregated portfolio basis. This includes the number ofzero-emission vehicles sold and CO2 emission saved in the use phase as well as the annual
CO2 emissions saved.
Daimler AG was founded in 1886 and is a global automotive company. It is headquarteredin Stuttgart, Germany and the main business line is manufacturing passenger cars, vans,trucks, buses and other types of specialized vehicles. The group also offers financial services
and mobility services such as carsharing.

Firsts, records andcertifications
Proceeds description

The proceeds of the green bond will go towards will finance the development andproduction of zero emission vehicles including Battery Electric Vehicles (BEV) and FuelCell/hydrogen-powered vehicles. Eligible expenditures also span the development,production and recycling of batteries/fuel cells, and related infrastructure. Daimler has also
considered the diversion of energy generation away from non-fossil sources, as well aswater efficiency and waste management and the prevention or reduction of greenhousegas emissions, harmful substances and other pollutants into the air, soil or water. In
addition to that the framework also includes solar PV, wind or other non-fossil sources butexcludes nuclear sources.

Climate Bonds view

With this green bond issuance Daimler underpins its commitment to the company’s CO2
reduction targets, including carbon-neutral production from 2022. The deal comes amongst
a flurry of competing car makers, including Volkswagen with a Certified issuance and Volvo,
tapping into the green market.
Seeing these companies finance low and zero carbon projects across their whole supply
chain – having heavily relied on manufacturing ICE vehicles in the past – is testament to thefact that entire industries are willing to take measures to mitigate climate change andembark on green transition.
BNP, Commerz, CACIB, UC, SKANDINAVISKA

Underwriters
Deal comments
Credit rating

A3 (Moody’s)
BBB+ (S&P)
BBB+ (Fitch)

Pricing summary••

Interest spread: ms + 105bps
Coupon: 0.75%

•Investors summary

1

Price: 99.188%

The deal was more than 4 times oversubscribed.

Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign