CONTENTS 4 BMW Group Report 2024 To Our Stakeholders Combined Management Report Group Financial Statements Responsibility Statement and Auditor’s Report Remuneration Report Other Information Contents 5 About This Report 1 – T O O U R S T A K E H O L D E R S 9 BMW Group in Figures 13 Report of the Supervisory Board 22 Statement of the Chairman of the Board of Management 30 The Board of Management 31 Composition of the Board of Management and Supervisory Board 35 Stakeholders and Capital Markets 2 – C O M B I N E D M A N A G E M E N T R E P O R T 39 Overview of the BMW Group 66 Financial Performance 91 Sustainability Statement 246 Internal Control System, Risks and Opportunities, Compliance 260 Outlook 264 Disclosures Relevant for Takeovers and Explanatory Comments 3 – G R O U P F I N A N C I A L S T A T E M E N T S 269 Income Statement for Group and Segments 270 Statement of Comprehensive Income for Group 271 Balance Sheet for Group and Segments at 31 December 2024 273 Cash Flow Statement for Group and Segments 275 Statement of Changes in Equity for Group 277 Notes to the Group Financial Statements 4 – R E S P O N S I B I L I T Y S T A T E M E N T A N D A U D I T O R ’ S R E P O R T 362 Responsibility Statement by the Company’s Legal Representatives 363 Independent Auditor’s Report 370 Assurance Report of the Independent German Public Auditor 5 – R E M U N E R A T I O N R E P O R T 374 Remuneration Report 374 Review of the 2024 Financial Year from a Renumeration Perspective 376 Remuneration of the Members of the Board of Management 409 Remuneration of the Members of the Supervisory Board 411 Comparison of Change in Remuneration and Earnings pursuant to § 162 (1) Sentence. 2 No. 2 of the German Stock Corporation Act (AktG) 415 Other Considerations 415 Outlook for the 2025 Financial Year 417 Auditor’s Report 6 – O T H E R I N F O R M A T I O N 419 SASB-Index 421 Consumption and Carbon Disclosures 425 BMW Group Ten-year Comparison 427 Glossary* 430 Financial Calender 431 Contacts * Part oft he Combined Management Report.