358 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 BMW AG’s associated companies, joint ventures and joint operations at 31 December 2024 Companies Equity in € million Profit/loss in € million Capital investment in % Joint ventures - equity accounted D O M E S T I C YOUR NOW Holding GmbH, Munich8 66 – 30 50 F O R E I G N Beijing Ionchi New Energy Technology Ltd., Beijing8 166 – 18 50 Associated companies - equity accounted – – - D O M E S T I C IONITY Holding GmbH & Co. KG, Munich8 725 – 62 15 F O R E I G N THERE Holding B.V., Rijswijk8 959 – 11 31 IONNA LLC, Torrance – – 14 Solid Power, Inc., Wilmington, Delaware – – 6 Joint operations - proportionately consolidated entities F O R E I G N Spotlight Automotive Ltd., Zhangjiagang8 128 33 50 Not equity accounted or proportionately consolidated entities D O M E S T I C 7 Encory GmbH, Unterschleissheim – – 50 The Retail Performance Company GmbH, Munich – – 50 IDEALworks GmbH, Munich – – 49 PDB - Partnership for Dummy Technology and Biomechanics GbR, Gaimersheim – – 20 F O R E I G N 7 BMW AVTOTOR Holding B.V., Amsterdam – – 50 Critical TechWorks S.A., Porto – – 50 BMW Albatha Finance PSC, Dubai – – 40 BMW Albatha Leasing, LLC, Dubai – – 40 ChargeScape, LLC, Wilmington, Delaware – – 33 Bavarian & Co Co., Ltd., Incheon – – 20