267 BMW Group Report 2024 To Our Stakeholders Combined Management Report Group Financial Statements Responsibility Statement and Auditor’s Report Remuneration Report Other Information Disclosures Relevant for Takeovers and Explanatory Comments — The software license agreements concluded between BMW AG and Google LLC for the use of “Projected Mode” in BMW vehicles’ head units grant both parties the right to extraordinary termination in the event of a change of control (not further defined in the agreement). — The agreement concluded between BMW AG and Toyota Motor Corporation to supply fuel cells can be extraordinarily terminated by either party if the other party merges or is con- solidated with another company. Compensation agreements with members of the Board of Management or with employees in the event of a takeover bid The BMW Group has not concluded any compensation agree- ments with members of the Board of Management or with em- ployees for situations involving a takeover offer.