Dr. Wolfgang Bernhard steps down from Board of Management of Daimler AG

STUTTGART, Germany, Feb. 10, 2017 --

• Head of Daimler Trucks & Buses to leave the Board of Management at his own request and for personal reasons
• Dr. Manfred Bischoff, Chairman of the Supervisory Board: "We thank Wolfgang Bernhard for his committed work and respect his decision."

Dr. Wolfgang Bernhard is to step down from the Board of Management of Daimler AG. The head of Daimler Trucks & Buses has notified the Chairman of the Supervisory Board, Dr. Manfred Bischoff, and the Chairman of the Board of Management and Head of Mercedes-Benz Cars, Dr. Dieter Zetsche, of his intention not to extend his current contract, which expires in February 2018. Wolfgang Bernhard will leave the company at his own request and for personal reasons.

"We regret this resolution, but we have a number of outstanding managers to succeed. We thank Wolfgang Bernhard for his committed work and respect his personal decision," stated Manfred Bischoff. Wolfgang Bernhard will be released from his duties with immediate effect. Dieter Zetsche will head Daimler Trucks & Buses until a successor will be appointed.

Wolfgang Bernhard became Head of the Mercedes-Benz Vans division in 2009 and was appointed to the Board of Management of Daimler AG in February 2010. Until March 2013, he was Board of Management Member for Production and Procurement Mercedes-Benz Cars & Mercedes-Benz Vans; since April 2013, he has been responsible for Daimler Trucks & Buses.