MERCEDES-BENZ SOUTH AFRICA LIMITED - MBSA-Change in the Guarantor's Shareholding

MBSA-Change in the Guarantor's Shareholding

Mercedes-Benz South Africa Limited (Incorporated in the Republic of South Africa)

(Registration No. 1962/000271/06)

Bond Issuer code: MEC

(“Mercedes-Benz SA” or “the Issuer”)



CHANGE IN DAIMLER AG’S SHAREHOLDING IN MERCEDES-BENZ SA

Noteholders are hereby advised that on 4 November 2019, in the context of the Issuer’s programme
memorandum dated 21 December 2018 (the “Programme Memorandum”) under its
ZAR35,000,000,000 Domestic Medium Term Note Programme (the “Programme”), Daimler AG (the
Guarantor) contributed its 100% shareholding in the Issuer to its wholly owned subsidiary, Mercedes-
Benz AG. Mercedes-Benz AG is henceforward the direct sole shareholder of the Issuer and Daimler
AG the indirect shareholder of the Issuer.

Noteholders are further advised that the above change in shareholding will have no impact on the
effectiveness of the Guarantee (as defined in the Programme Memorandum) provided by the
Guarantor in favour of the Noteholders under the Programme.

Noteholders may view detailed information relating to this change on the below link:

https://www.daimler.com/company/project-future.html

Centurion

21 November 2019

Debt Sponsor: The Standard Bank of South Africa Limited

debtsponsor@standardbank.co.za

Date: 22/11/2019 07:15:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.