354 BMW Group Report 2024 To Our Stakeholders Combined Management Report Group Financial Statements Responsibility Statement and Auditor’s Report Remuneration Report Other Information Notes to the Group Financial Statements Companies Equity in € million Profit/loss in € million Capital investment in % BMW Vehicle Lease Trust 2024-2, Wilmington, Delaware11 – – 0 BMW Vehicle Owner Trust 2022-A, Wilmington, Delaware11 – – 0 BMW Vehicle Owner Trust 2023-A, Wilmington, Delaware11 – – 0 BMW Vehicle Owner Trust 2024-A, Wilmington, Delaware11 – – 0 BMWCA 2023-A SMBC, Richmond Hill, Ontario11 – – 0 Africa BMW (South Africa) (Pty) Ltd., Pretoria 741 49 100 BMW Financial Services (South Africa) (Pty) Ltd., Midrand 198 19 100 SuperDrive Investments (RF) Ltd., Cape Town11 – – 0 Asia BMW Brilliance Automotive Ltd., Shenyang 6,040 2,458 75 BMW Automotive Finance (China) Co., Ltd., Beijing 2,269 51 100 BMW China Investment Ltd., Beijing 790 151 100 BMW Financial Services Korea Co., Ltd., Seoul 772 71 100 BMW Japan Finance Corp., Tokyo 398 62 100 BMW Japan Corp., Tokyo 355 129 100 Herald International Financial Leasing Co., Ltd., Tianjin 325 6 100 BMW Korea Co., Ltd., Seoul 245 89 100 BMW Leasing (Thailand) Co., Ltd., Bangkok 244 21 100 BMW India Financial Services Private Ltd., Gurgaon 116 10 100 BMW (Thailand) Co., Ltd., Bangkok – – 100 BMW Asia Pacific Capital Pte. Ltd., Singapore – – 100 BMW Asia Pte. Ltd., Singapore – – 100 BMW Asia Technology Centre Sdn Bhd, Kuala Lumpur – – 100 BMW China Automotive Trading Ltd., Beijing – – 100 BMW China Services Ltd., Beijing – – 100 BMW Credit (Malaysia) Sdn Bhd, Kuala Lumpur – – 100 BMW Holding Malaysia Sdn Bhd, Kuala Lumpur – – 100 BMW India Private Ltd., Gurgaon – – 100 BMW Lease (Malaysia) Sdn Bhd, Kuala Lumpur – – 100 BMW Manufacturing (Thailand) Co., Ltd., Rayong – – 100 BMW Tokyo Corp., Tokyo – – 100