Mercedes-Benz Group AG / DE0007100000

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

	Acquisition/disposal of shares with voting rights
	Acquisition/disposal of instruments
	Change of breakdown of voting rights
X	Other reason: Updated calculation methodology for cash equity positions held in trading books for client facilitation purposes.

3. Details of person subject to the notification obligation

Legal entity: Bank of America Corporation City of registered office, country: Wilmington, DE, 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:

17 Jun 2024

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	0.10 %	3.43 %	3.53 %	1069837447
Previous notification	2.11 %	4.61 %	6.72 %	/

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	916963	0.00 %	0.09 %
US2338252073	0	181690	0.00 %	0.02 %
Total	1098653		0.10 %

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 %
Physical Call Option	17/12/2025 - 15/07/2027	N/A	24183633	2.26 %
Right to Recall Common Stock	N/A	N/A	20754	0 %
Rights of Use Common Stock	N/A	N/A	632484	0.06 %
Rights of Use Depositary Receipt	N/A	N/A	3240	0 %
Physical Call Option	21/06/2024 - 17/12/2027	N/A	3655000	0.34 %
Physical Option	06/01/2025 - 22/05/2025	N/A	193	0 %
Physical Call Option	17/12/2025 - 15/07/2027	N/A	24183633	2.26 %
		Total	28495304	2.66 %

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 %
Swaps	27/06/2024 - 11/06/2029	N/A	Cash	3044299	0.28 %
Put Option	21/06/2024 - 15/12/2028	N/A	Physical	5150000	0.48 %
Put Option	17/12/2025 - 15/07/2027	N/A	Physical	24183633	2.26 %
Put Option	17/12/2025 - 15/07/2027	N/A	Physical	24183633	2.26 %
			Total	8194299	0.77 %

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)
Bank of America Corporation	%	%	%
NB Holdings Corporation	%	%	%
BofAML Jersey Holdings Limited	%	%	%
BofAML EMEA Holdings 2 Limited	%	%	%
Merrill Lynch International	%	%	%
-	%	%	%
Bank of America Corporation	%	%	%
NB Holdings Corporation	%	%	%
BAC North America Holding Company	%	%	%
Bank of America, National Association	%	%	%
-	%	%	%
Bank of America Corporation	%	%	%
NB Holdings Corporation	%	%	%
BofA Securities, Inc.	%	%	%
-	%	%	%
Bank of America Corporation	%	%	%
NB Holdings Corporation	%	%	%
BAC North America Holding Company	%	%	%
Merrill Lynch, Pierce, Fenner & Smith Incorporated	%	%	%
-	%	%	%
Bank of America Corporation	%	%	%
NB Holdings Corporation	%	%	%
BAC North America Holding Company	%	%	%
Merrill Lynch, Pierce, Fenner & Smith Incorporated	%	%	%
Managed Account Advisors LLC	%	%	%
-	%	%	%
Bank of America Corporation	%	%	%
NB Holdings Corporation	%	%	%
BAC North America Holding Company	%	%	%
Bank of America, National Association	%	%	%
U.S. Trust Company of Delaware	%	%	%
-	%	%	%
Bank of America Corporation	%	%	%
NB Holdings Corporation	%	%	%
Merrill Lynch International, LLC	%	%	%
Merrill Lynch B.V.	%	%	%

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:

Ad 7.b The put and call options amounting to a percentage of 2,26% each were not aggregated as they relate to a collar transaction and a back-to-back collar transaction, respectively, under which, on a consolidated basis, Bank of America Corporation can acquire 2,26% of the voting rights in Mercedes-Benz Group AG (or receive an equivalent amount in cash) only once.

Date

20 Jun 2024