Mercedes-Benz Group AG: Release according to Article 40, Section 1 of the
WpHG (the German Securities Trading Act) with the objective of Europe-wide
distribution

EQS Voting Rights Announcement: Mercedes-Benz Group AG
Mercedes-Benz Group AG: Release according to Article 40, Section 1 of the
WpHG (the German Securities Trading Act) with the objective of Europe-wide
distribution

20.06.2024 / 16:27 CET/CEST
Dissemination of a Voting Rights Announcement transmitted by EQS News - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Notification of Major Holdings

1. Details of issuer

     Name:                             Mercedes-Benz Group AG
     Street:                           Mercedesstrasse 120
     Postal code:                      70372
     City:                             Stuttgart
                                       Germany
     Legal Entity Identifier (LEI):    529900R27DL06UVNT076

2. Reason for notification

        Acquisition/disposal of shares with voting rights
        Acquisition/disposal of instruments
        Change of breakdown of voting rights
   X    Other reason:
        Updated calculation methodology for cash equity positions held in
        trading books for client facilitation purposes.

3. Details of person subject to the notification obligation

   Legal entity: Bank of America Corporation
   City of registered office, country: Wilmington, DE, United States of
   America (USA)

4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.



5. Date on which threshold was crossed or reached:

17 Jun 2024

6. Total positions

               % of voting  % of voting rights   Total of  Total number of
           rights attached             through  both in %    voting rights
                 to shares  instruments (total    (7.a. +      pursuant to
           (total of 7.a.)   of 7.b.1 + 7.b.2)      7.b.)     Sec. 41 WpHG
  New               0.10 %              3.43 %     3.53 %       1069837447
  Previo-           2.11 %              4.61 %     6.72 %                /
  us
  notifi-
  cation

7. Details on total positions
a. Voting rights attached to shares (Sec. 33, 34 WpHG)

    ISIN            Absolute                       In %
                  Direct (Sec.  Indirect (Sec.  Direct (Sec.  Indirect
                      33 WpHG)        34 WpHG)      33 WpHG)  (Sec. 34
                                                                 WpHG)
    DE0007100000             0          916963        0.00 %    0.09 %
    US2338252073             0          181690        0.00 %    0.02 %
    Total           1098653                       0.10 %

b.1. Instruments according to Sec. 38 (1) no. 1 WpHG

    Type of          Expiration or  Exercise or    Voting     Voting
    instrument       maturity date  conversion     rights  rights in
                                    period       absolute          %
    Physical Call    17/12/2025 -   N/A          24183633     2.26 %
    Option           15/07/2027
    Right to Recall  N/A            N/A             20754        0 %
    Common Stock
    Rights of Use    N/A            N/A            632484     0.06 %
    Common Stock
    Rights of Use    N/A            N/A              3240        0 %
    Depositary
    Receipt
    Physical Call    21/06/2024 -   N/A           3655000     0.34 %
    Option           17/12/2027
    Physical Option  06/01/2025 -   N/A               193        0 %
                     22/05/2025
    Physical Call    17/12/2025 -   N/A          24183633     2.26 %
    Option           15/07/2027
                                    Total        28495304     2.66 %

b.2. Instruments according to Sec. 38 (1) no. 2 WpHG

    Type of    Expiration    Exercise or  Cash or       Voting  Voting
    instrume-  or maturity   conversion   physical      rights  rights
    nt         date          period       settlement  absolute    in %
    Swaps      27/06/2024 -  N/A          Cash         3044299  0.28 %
               11/06/2029
    Put        21/06/2024 -  N/A          Physical     5150000  0.48 %
    Option     15/12/2028
    Put        17/12/2025 -  N/A          Physical    24183633  2.26 %
    Option     15/07/2027
    Put        17/12/2025 -  N/A          Physical    24183633  2.26 %
    Option     15/07/2027
                                          Total        8194299  0.77 %

8. Information in relation to the person subject to the notification
obligation

        Person subject to the notification obligation is not controlled nor
        does it control any other undertaking(s) that directly or
        indirectly hold(s) an interest in the (underlying) issuer (1.).
   X    Full chain of controlled undertakings starting with the ultimate
        controlling natural person or legal entity:

    Name                 % of voting   % of voting rights  Total of both
                       rights (if at  through instruments   (if at least
                         least 3% or   (if at least 5% or    5% or more)
                               more)                more)
    Bank of America                %                    %              %
    Corporation
    NB Holdings                    %                    %              %
    Corporation
    BofAML Jersey                  %                    %              %
    Holdings Limited
    BofAML EMEA                    %                    %              %
    Holdings 2
    Limited
    Merrill Lynch                  %                    %              %
    International
    -                              %                    %              %
    Bank of America                %                    %              %
    Corporation
    NB Holdings                    %                    %              %
    Corporation
    BAC North America              %                    %              %
    Holding Company
    Bank of America,               %                    %              %
    National
    Association
    -                              %                    %              %
    Bank of America                %                    %              %
    Corporation
    NB Holdings                    %                    %              %
    Corporation
    BofA Securities,               %                    %              %
    Inc.
    -                              %                    %              %
    Bank of America                %                    %              %
    Corporation
    NB Holdings                    %                    %              %
    Corporation
    BAC North America              %                    %              %
    Holding Company
    Merrill Lynch,                 %                    %              %
    Pierce, Fenner &
    Smith
    Incorporated
    -                              %                    %              %
    Bank of America                %                    %              %
    Corporation
    NB Holdings                    %                    %              %
    Corporation
    BAC North America              %                    %              %
    Holding Company
    Merrill Lynch,                 %                    %              %
    Pierce, Fenner &
    Smith
    Incorporated
    Managed Account                %                    %              %
    Advisors LLC
    -                              %                    %              %
    Bank of America                %                    %              %
    Corporation
    NB Holdings                    %                    %              %
    Corporation
    BAC North America              %                    %              %
    Holding Company
    Bank of America,               %                    %              %
    National
    Association
    U.S. Trust                     %                    %              %
    Company of
    Delaware
    -                              %                    %              %
    Bank of America                %                    %              %
    Corporation
    NB Holdings                    %                    %              %
    Corporation
    Merrill Lynch                  %                    %              %
    International,
    LLC
    Merrill Lynch                  %                    %              %
    B.V.

9. In case of proxy voting according to Sec. 34 para. 3 WpHG
(only in case of attribution of voting rights in accordance with Sec. 34
para. 1 sent. 1 No. 6 WpHG)

Date of general meeting:
Holding total positions after general meeting (6.) after annual general
meeting:

     Proportion of voting    Proportion of    Total of
                   rights      instruments        both
                        %                %           %

10. Other explanatory remarks:

   Ad 7.b The put and call options amounting to a percentage of 2,26%
   each were not aggregated as they relate to a collar transaction and a
   back-to-back collar transaction, respectively, under which, on a
   consolidated basis, Bank of America Corporation can acquire 2,26% of
   the voting rights in Mercedes-Benz Group AG (or receive an equivalent
   amount in cash) only once.

Date

20 Jun 2024


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20.06.2024 CET/CEST The EQS Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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   Language:    English
   Company:     Mercedes-Benz Group AG
                Mercedesstrasse 120
                70372 Stuttgart
                Germany
   Internet:    https://group.mercedes-benz.com

End of News EQS News Service
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1930033 20.06.2024 CET/CEST