MEC- General Operations Update Mercedes-Benz South Africa Limited (Incorporated in the Republic of South Africa) (Registration No. 1962/000271/06) Bond Issuer code: MEC (“Mercedes-Benz” or “the Issuer”) (“The Guarantor” or “Daimler AG”) Mercedes-Benz General Operations Update: Mercedes-Benz Limited takes further measures in response to the COVID-19 pandemic East London, South Africa - Due to the worsening situation of the COVID-19 pandemic, Mercedes-Benz South Africa Limited (MBSA) has decided to begin gradually reducing manufacturing operations with a view to suspend production at its East London manufacturing plant, as well as in selected administrative departments, on 9 April 2020 for a period of five weeks. Connected to this is an assessment of global supply chains, which currently cannot be maintained to their full extent. An extension of this measure will depend on further developments. Stakeholders can be assured that measures are in place to detect, manage and contain any cases of SARS-COV-2 related to our manufacturing operations. In the interim, wherever operations need to be continued, Mercedes-Benz will take appropriate precautions to protect the health and safety of its employees and inhibit the contagion of SARS-COV-2, the disease that causes COVID-19, amongst its employees. In order to do so, MBSA is adhering to the directives of the World Health Organization (WHO), National Institute for Communicable Diseases (NICD) and the Department of Health for recommendations and guidelines on how to combat COVID-19. With this suspension, Mercedes-Benz is helping to protect its workforce, to interrupt chains of infection and to contain the spread of the pandemic. At the same time, this will help the company to prepare for a period of temporary lower demand and to protect its financial strength. Management is constantly monitoring the situation and will take further measures as required. Full operations will be resumed when the situation improves and will be communicated accordingly. 23 March 2020 Debt Sponsor: The Standard Bank of South Africa Limited Date: 23-03-2020 05:26:00 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.