Mercedes-Benz Group AG / DE0007100000

16.11.2023 - 10:36:32

Mercedes-Benz Group AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

EQS Voting Rights Announcement: Mercedes-Benz Group AG

16.11.2023 / 10:36 CET/CEST
Dissemination of a Voting Rights Announcement transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Notification of Major Holdings

1. Details of issuer

Name:	Mercedes-Benz Group AG
Street:	Mercedesstrasse 120
Postal code:	70372
City:	Stuttgart Germany
Legal Entity Identifier (LEI):	529900R27DL06UVNT076

2. Reason for notification

X	Acquisition/disposal of shares with voting rights
	Acquisition/disposal of instruments
	Change of breakdown of voting rights
X	Other reason: voluntary group notification with triggered threshold on subsidiary level

3. Details of person subject to the notification obligation

Legal entity: Morgan Stanley
City of registered office, country: Wilmington, Delaware, United States of America (USA)

4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.

5. Date on which threshold was crossed or reached:

09 Nov 2023

6. Total positions

	% of voting rights attached to shares (total of 7.a.)	% of voting rights through instruments (total of 7.b.1 + 7.b.2)	Total of both in % (7.a. + 7.b.)	Total number of voting rights pursuant to Sec. 41 WpHG
New	0.47 %	7.63 %	8.1 %	1069837447
Previous notification	0.28 %	7.4 %	7.69 %	/

7. Details on total positions
a. Voting rights attached to shares (Sec. 33, 34 WpHG)

ISIN	Absolute		In %
	Direct (Sec. 33 WpHG)	Indirect (Sec. 34 WpHG)	Direct (Sec. 33 WpHG)	Indirect (Sec. 34 WpHG)
DE0007100000	0	5051141	0 %	0.47 %
Total	5051141		0.47 %

b.1. Instruments according to Sec. 38 (1) no. 1 WpHG

Type of instrument	Expiration or maturity date	Exercise or conversion period	Voting rights absolute	Voting rights in %
Equity Call Option	From 15.12.2023 to 18.12.2026	at any time	8716400	0.81 %
Right of recall over securities lending agreements	at any time	at any time	5783591	0.54 %
Equity Call Option	From 15.12.2023 to 18.12.2026	at any time	2322500	0.22 %
		Total	16822491	1.57 %

b.2. Instruments according to Sec. 38 (1) no. 2 WpHG

Type of instrument	Expiration or maturity date	Exercise or conversion period	Cash or physical settlement	Voting rights absolute	Voting rights in %
Equity Put Option	From 17.11.2023 to 18.12.2026	at any time	Physical	7253800	0.68 %
Retail Structured Product	From 10.12.2071 to 26.10.2073	at any time	Cash	1846	0 %
Equity Swap	From 03.07.2024 to 27.07.2028	at any time	Cash	2296487	0.21 %
Equity Call Option	From 16.03.2028 to 08.08.2033	at any time	Cash	1830	0 %
Compound Option	From 01.03.2024 to 09.03.2029	at any time	Cash	282630	0.03 %
Retail Structured Product - Note	From 25.10.2024 to 01.12.2033	at any time	Cash	21783	0 %
Equity Call Option	From 20.08.2024 to 27.02.2025	at any time	Physical	24177846	2.26 %
Equity Call Option	From 26.06.2026 to 28.12.2026	at any time	Physical	20237270	1.89 %
Equity Call Option	From 17.12.2025 to 30.06.2026	at any time	Physical	10500000	0.98 %
Equity Put Option*	From 20.08.2024 to 27.02.2025	at any time	Physical	24177846	2.26 %
Equity Put Option*	From 26.06.2026 to 28.12.2026	at any time	Physical	20237270	1.89 %
Equity Put Option*	From 17.12.2025 to 30.06.2026	at any time	Physical	10500000	0.98 %
Equity Put Option*	From 15.12.2023 to 18.12.2026	at any time	Physical	2322500	0.22 %
			Total	64773492	6.05 %

8. Information in relation to the person subject to the notification obligation

	Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.).
X	Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity:

Name	% of voting rights (if at least 3% or more)	% of voting rights through instruments (if at least 5% or more)	Total of both (if at least 5% or more)
Morgan Stanley	%	%	%
Morgan Stanley Capital Management, LLC	%	%	%
Morgan Stanley Domestic Holdings, LLC	%	%	%
Morgan Stanley Capital Services LLC	%	%	%
-	%	%	%
Morgan Stanley	%	%	%
Morgan Stanley Capital Management, LLC	%	%	%
Morgan Stanley & Co. LLC	%	%	%
-	%	%	%
Morgan Stanley	%	%	%
Morgan Stanley International Holdings Inc.	%	%	%
Morgan Stanley International Limited	%	%	%
Morgan Stanley Investments (UK)	%	%	%
Morgan Stanley & Co. International plc	%	%	%
-	%	%	%
Morgan Stanley	%	%	%
Morgan Stanley Capital Management, LLC	%	%	%
Morgan Stanley & Co. LLC	%	%	%
Prime Dealer Services Corp.	%	%	%
-	%	%	%
Morgan Stanley	%	%	%
Morgan Stanley Capital Management, LLC	%	%	%
Morgan Stanley Bank, N.A.	%	%	%
-	%	%	%
Morgan Stanley	%	%	%
Morgan Stanley Finance LLC	%	%	%
-	%	%	%
Morgan Stanley	%	%	%
Morgan Stanley International Holdings Inc.	%	%	%
Morgan Stanley B.V.	%	%	%
-	%	%	%
Morgan Stanley	%	%	%
Morgan Stanley International Holdings Inc.	%	%	%
Morgan Stanley International Finance S. A.	%	%	%
-	%	%	%
Morgan Stanley	%	%	%
Morgan Stanley Capital Management, LLC	%	%	%
Morgan Stanley Smith Barney LLC	%	%	%

9. In case of proxy voting according to Sec. 34 para. 3 WpHG
(only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG)

Date of general meeting:
Holding total positions after general meeting (6.) after annual general meeting:

Proportion of voting rights	Proportion of instruments	Total of both
%	%	%

10. Other explanatory remarks:

Regarding section 7.b.2, the Equity Put Options marked with * were not aggregated as they relate to collar transactions (Call & Put) under which, on a consolidated basis, Morgan Stanley can acquire 5.35% of the voting rights in Mercedes-Benz Group AG (or receive an equivalent amount in cash) only once.

Date

15 Nov 2023

16.11.2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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