35 BMW Group Report 2024 To Our Stakeholders Combined Management Report Group Financial Statements Responsibility Statement and Auditor’s Report Remuneration Report Other Information Stakeholders and Capital Market sTT DIALOGUE WITH STAKEHOLDERS The BMW Group operates within a highly interconnected world. Its business activities impact the environment in which it oper- ates, and can have both a direct and an indirect bearing on the interests of a wide variety of stakeholders. Conversely, societal trends and developments can influence many aspects of the Group’s business activities. Against this backdrop, the BMW Group maintains a continuous dialogue with its stakehold- ers worldwide. Dialogue builds mutual trust and provides clarity about perspectives and expectations. Incorporating different ex- ternal perspectives facilitates the transfer of knowledge and im- proves the BMW Group’s ability to innovate. The BMW Group’s interaction with stakeholders includes topics brought to its attention from outside the Group as well as those in which it proactively engages in dialogue. This combination re- sults in a comprehensive spectrum of topics: — NEUE KLASSE with a focus on innovations in the areas of electrification, digitalisation and sustainability — Competitiveness of the European Union and Germany — Establishment of a new site in Germany to assemble high- voltage batteries — The Paris Climate Agreement and climate neutrality goal of the BMW Group — Emissions limits with a focus on technological diversity in terms of drivetrain technologies and vehicle concepts — Hydrogen as a potential energy storage for electric drivetrain systems — Circular design and use of secondary materials (particularly in relation to battery recycling) — Active crisis management regarding the geopolitical situa- tion — Importance of a fair and rules-based global trade system that improves our competitiveness and promotes coopera- tion — Supply of critical raw materials — Compliance with statutory due diligence obligations in sup- ply chains, particularly environmental and social standards and respect for human rights, especially regarding the pro- curement of raw materials for electromobility applications — Social responsibility for employees The BMW Group Xchange encompasses the well-established forms of events organised by the Group, such as the BMW Group Dialogues and the rad°hub, providing the appropriate platforms to encourage dialogue with a variety of target groups. The for- mats selected usually take place several times a year. The results of these stakeholder dialogues are documented and incorpo- rated in the Group’s strategic considerations. Detailed information about stakeholder dialogues related to sus- tainability topics is included in the Sustainability Statement. ↗ Stakeholder Engagement STAKEHOLDERS AND CAPITAL MARKETS