417 BMW Group Report 2024 To Our Stakeholders Combined Management Report Group Financial Statements Responsibility Statement and Auditor’s Report Remuneration Report Other Information VII. Auditor‘s Report VII. AUDITOR’S REPORT To Bayerische Motoren Werke Aktiengesellschaft, München We have audited the remuneration report of Fehler! Keine Doku- mentvariable verfügbar., Fehler! Unbekannter Name für Doku- ment-Eigenschaft., for the financial year from January , 2024 1 to December 31, 2024 including the related disclosures, which was prepared to comply with § [Article] 162 AktG [Aktiengesetz: German Stock Corporation Act]. Responsibilities of the Executive Directors and the Supervisory Board The executive directors and the supervisory board of Bayerische Motoren Werke Aktiengesellschaft are responsible for the prep- aration of the remuneration report, including the related disclo- sures, that complies with the requirements of § 162 AktG. The executive directors and the supervisory board are also responsi- ble for such internal control as they determine is necessary to enable the preparation of a remuneration report, including the re- lated disclosures, that is free from material misstatement, whether due to fraud or error. Auditor’s Responsibilities Our responsibility is to express an opinion on this remuneration report, including the related disclosures, based on our audit. We conducted our audit in accordance with German generally ac- cepted standards for the audit of financial statements promul- gated by the Institut der Wirtschaftsprüfer (Institute of Public Au- ditors in Germany) (IDW). Those standards require that we com- ply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the remuneration report, including the related disclosures, is free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts including the related disclosures stated in the remuneration report. The procedures selected depend on the au- ditor's judgment. This includes the assessment of the risks of material misstatement of the remuneration report including the related disclosures, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the preparation of the remuneration report in- cluding the related disclosures. The objective of this is to plan and perform audit procedures that are appropriate in the circum- stances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal control. An audit also in- cludes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the executive directors and the supervisory board, as well as evaluating the overall presentation of the remuneration report in- cluding the related disclosures. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Audit Opinion In our opinion, based on the findings of our audit, the remunera- tion report for the financial year from January 1, 2024, to Decem- ber 31, 2024, including the related disclosures, complies in all material respects with the accounting provisions of § 162 AktG. Reference to an Other Matter – Formal Audit of the Remuneration Report according to § 162 AktG The audit of the content of the remuneration report described in this auditor's report includes the formal audit of the remuneration report required by § 162 Abs. [paragraph] 3 AktG, including the issuance of a report on this audit. As we express an unqualified audit opinion on the content of the remuneration report, this audit opinion includes that the information required by § 162 Abs. 1 and 2 AktG has been disclosed in all material respects in the re- muneration report. Restriction on use We issue this auditor’s report on the basis of the engagement agreed with Fehler! Keine Dokumentvariable verfügbar., Mün- chen. The audit has been performed only for purposes of the company and the auditor‘s report is solely intended to inform the company as to the results of the audit. Our responsibility for the audit and for our auditor’s report is only towards the company in accordance with this engagement. The auditor’s report is not in- tended for any third parties to base any (financial) decisions thereon. We do not assume any responsibility, duty of care or li- ability towards third parties; no third parties are included in the scope of protection of the underlying engagement. § 334 BGB [Bürgerliches Gesetzbuch: German Civil Code], according to which objections arising from a contract may also be raised against third parties, is not waived. Munich, March 13, 2025 PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft Ralf Räpple Michael Popp Wirtschaftsprüfer Wirtschaftsprüfer (German Public Auditor) (German Public Auditor)