Mitsubishi Fuso Truck andBus CorporationOhkuracho 10, Nakahara Ward, Kawasaki City, Kanagawa Prefecture, Japan, 211-8522Tel : +81-44-330-7700

Daimler India Commercial VehiclesPvt. Ltd.,SIPCOT Industrial Growth Centre,Oragadam, Mathur Post,Sriperumbudur Taluk,Kancheepuram District,Tamil Nadu - 602105Tel: +91 44 49694000

Daimler Trucks Asia

Revised January 2019

01MESSAGE

Based in Asia, we are part of Daimler Trucks, the global leader in commercial vehicles. We are comprised of two OEMs, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Daimler India Commercial Vehicles (DICV). Together, they give us a rich 85-year history to draw from as well as a young, innovative drive. The FUSO and BharatBenz brands stand for industry-leading technology and unrivaled quality for our customers in over 170 markets worldwide.

Our people, hailing from over 45 countries, form the core of our identity and success. DTA is a truly global organization that believes in the power of the team to achieve great things. This is why our strategy is named DTA One: As one team, we will tap our full potential and achieve our goals together.

At MFTBC in Japan, we set the benchmark in efficiency, safety and comfort for the industry with our trucks and buses. We also firmly believe that the future is green, and are putting environmentally friendly vehicles at the core of our product portfolio.As an enthusiastic step toward a green future, we have launched a series-produced all-electric light-duty truck, the eCanter, and also launched E-FUSO, a product brand dedicated exclusively to our electric portfolio.

Having served in the Japanese Ministry of Economy, Trade and Industry (METI) for many years, I am convinced that Japanese companies have to open up not only to international markets, but also to a globalization of their workforce in order to remain competitive in the global marketplace.

Daimler Trucks Asia is a great example of how a respected and traditional Japanese company — Mitsubishi Fuso Truck and Bus Corporation — can progress and flourish by teaming up with an international partner — Daimler India Commercial Vehicles, to become a truly global organization, overcoming national and cultural boundaries.

I am always amazed to see how the transcultural setting of our workplace encourages talented and motivated people from different walks of life and with diverse cultural backgrounds to work together and, as one, generate new ideas, concepts and products. These unique synergies make us stand out and allow us to innovate best solutions for the ever-evolving demands worldwide.

People form the heart of a company, and companies are important pillars of society. Hence, we acknowledge our role as corporate citizens. Especially so, as trucks and buses form an indispensable backbone of communities worldwide by delivering goods and transporting people. Our aim is to not only grow and be profitable, but to do so in a sustainable way that supports our environment economically, socially and ecologically.

Hartmut SchickPresident and CEO

Kazuo MatsunagaChairman of the Board

In India, we established the BharatBenz brand in 2012, and have grown to double-digit market share on the subcontinent since then. For our growth markets in Asia, Africa and Latin America, we exploit our strategic position in India to offer our robust FUSO trucks built in Oragadam to markets worldwide.

As Daimler Trucks Asia, we will continue to tap the full potential of our global team to consolidate our technological lead in the commercial vehicles industry and ensure the highest levels of quality for our customers.

Yours sincerely,

Hartmut Schick

We are not only the frontrunner in the electrification of trucks that will help cities to lower greenhouse gas emissions and noise levels. We also strive to operate in a sustainable way. Our Indian plant sources 70% of its power needs from renewable energies. For that matter we have installed solar panels both in our Indian and Japanese plants. We use rainwater harvesting and follow a zero-discharge policy for wastewater and materials, to lower our impact on the ecosystems. And our employees benefit from modern work policies suchas flex-time and options for teleworking.

No company, no product and no person will ever be perfect, but it makes me proud to see how everybody at Daimler Trucks Asia is motivated and committed to becoming better every day.

Thank you for your curiosity and interest in our organization and I invite you to explore further.

Yours faithfully,

Kazuo Matsunaga

Message from the CEO and Chairman 01 | About Us 02 | Strategy: E-FUSO 04 | Strategy: Our Employees 06

Our Brands 08 | Products: FUSO 12 | Products: BharatBenz 14 | Locations 16

Daimler Trucks Asia (DTA) combines the strengths of two distinct legal entities Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Daimler India Commercial Vehicles (DICV).

This unit allows the entities to collaborate on areas such as product development, production, exports, sourcing and optimizing research and sales & market development activities to provide the best value products to our customers.

MFTBC, with more than 85 years of history and DICV, with its fresh and innovative outlook, have become integral parts of Daimler Trucks, jointly contributing to more than a third of its sales volumes. DTA, deriving its strengths from both the entities, is the answer to the significantly growing demand for trucks and the different needs of customers around the world.

DTA has an integrated product portfolio with the traditional FUSO product line for Japan and international markets, the all-new range of FUSO trucks for growth markets and the highly competitive BharatBenz range for the Indian market, together offering unparalleled value to our customers around the world. The Asian production network for DTA is a robust one, consisting of two major hubs in Kawasaki, Japan and Oragadam, Chennai, India.

The combined approach allows DTA to jointly leverage the fully-fledged testing infrastructure of MFTBC in Kitsuregawa, Japan, and the proven engineering capabilities of DICV in Chennai, India. It further translates to coordinated procurement and supplier management functions, greater cost efficiencies, access to high quality supplies and a widened export business by tapping the combined sales potential of the two entities.

The benefit of working as a unified strategic organization is not only restricted to the technical aspects of our business but also reflected in the sense of diversity among our people. A deeper cultural integration, in the form of exchange avenues for talents to encourage co-learning and increasing collaborations, allows our employees to gather intercultural experiences.

In 2017, the DTA group sold over 170,000 units, serving more than 170 markets and employing a workforce of around 15,000 people.Both MFTBC (89.29%-owned) and DICV (100%-owned) are an integral part of Daimler AG, one of the world’s most successful automotive companies. With its divisions for Mercedes-Benz passenger cars and vans, Daimler trucks and buses, and financial services, the Daimler Group is a leading global vehicle manufacturer and the world’s biggest manufacturer of commercial vehicles with a global reach.

Mitsubishi Fuso Truck and Bus Corporation (MFTBC) Daimler India Commercial Vehicles (DICV)

Company Name:Mitsubishi Fuso Truck andBus CorporationMain Office:Ohkuracho 10, Nakahara Ward, Kawasaki City, Kanagawa Prefecture, Japan, 211-8522Chairman of the Board:Kazuo MatsunagaPresident and CEO:Hartmut SchickCapital: 35 billion yen

Established:January 6, 2003Business Details:Commercial vehicles,R&D, design, manufacture,sales, import and exportof trucks, buses andindustrial engines andother related businesses.Employees: 10,000Major Shareholders:Daimler AG (89.29%);Mitsubishi groupcompanies (10.71%)

Head of Unit: Satyakam Arya, Managing Director & CEOEmployees: More than 4,000 (year-end 2017)Domestic network: More than 150 sales & service touch pointsExport markets: More than 40 markets in Af-rica, Latin America, Middle East, Asia

Production: Trucks, buses and bus chassis, enginesand transmissions

0302 ABOUT USDAIMLER TRUCKS ASIA

Two Companies, One Commercial Vehicle Portfolio

05DAIMLER TRUCKS ASIA STRATEGY

World Premiere. The eCanter.Daimler Trucks Asia celebrated the global launch of the FUSO eCanter in New York City. The FUSO eCanter is the world’s first series-produced all-electric light-duty truck, delivered to customers in the US, Europe and Japan.

Zero-Emission, Zero-NoiseThe all-electric light-duty truck is DTA’s answer to the public’s need for a zero-emission, zero-noise truck for continuously increasing inner-city distribution. In addition to being an environmentally friendly vehicle, it is cost-efficient and economical for users, as already proven within customer tests in Europe.

The FUSO eCanter has a range of 100 kilometers and a load capacity up to three and a half tons — depending on body and usage. The vehicle’s electric powertrain contains six high voltage lithium ion battery packs with 420 V and 13.8 kWh each. In comparison with a conventional diesel truck, it offers savings up to 1,000 Euro per 10,000 kilometers on operating costs.

Result of Intensive Researchand Customer TestingThis global launch of the new FUSO eCanter is not just a product launch — it’s a revolution years in the making: At the 2010 IAA Commercial Vehicle Show in Hannover, Germany, FUSO presented a first prototype of an electrically-powered Canter E-Cell, leading into a pre-series production for testing purposes in 2014.

The FUSO eCanter benefits from extensive experience of customer trials conducted in Portugal and Germany with the pre-series vehicles between 2014 and 2017. In May of 2017, MFTBC announced its first commercial customer for the new in-line series production vehicle in the Japanese market. It is also already serving a range of customers in six major cities in North America, Europe and Asia, including Japan.DTA is committed to developing and embracing sustainable and reliable transportation solutions to benefit society and the planet. The eCanter is only the beginning.

E-FUSO —Technology and InnovationFUSO — a brand of Daimler Trucks Asia — is the frontrunner in electric trucks. Back in 2010 the brand introduced a prototype of the all-electric Canter E-Cell. In 2017, FUSO started series production of an all-electric truck.

04

0706 STRATEGYDAIMLER TRUCKS ASIA

Our employees —Think global. Work local.Highly motivated and efficient employees are at the heart of our success. Enthusiasm, esteem, integrity and discipline: Be it professionally or privately, our workforce embodies these values in so many ways. They thus shape the unique face of the company.

At the foundation of our success as a leading provider of Global Transportation Solutions, you will find a diverse workforce of around15,000 employees across Japan, India, the USA, Australia, South Africa, and other strategic locations, working together as MFTBC (Japan) and DICV (India), under the umbrella of Daimler Trucks Asia (DTA). We are excited about the direction in which we are leading the Commercial Vehicle Industry, from pioneering innovation of electrification, connectivity and digitalization; to the way in which we embrace work-life balance, and support diverse career opportunities.

Work CultureOpen, Collaborative, Diverse At the core of DTA are products, processes and, of course, our people.

As a DTA employee, you will find a unique culture of openness, collaboration and discovery. A work environment which is diverse, performance based, and strives to bring a positive work-life balance.At DTA you will find people from over 45 countries working together bringing different viewpoints, approaches and answers to the table.This diversity challenges our instincts, broadens our views and solutions, and helps fuel our growth.

InnovationTaking the lead Electrification, Connectivity, Autonomous driving, Digitalization. These aren’t just buzz words at DTA. These are some of the areas of innovation in which we are working today which set us apart from our competition.

From launching an all-electrictruck, to building cutting-edge connectivity solutions and digitized products, we are constantly challenging the norm and redefining the Commercial Vehicle Industry.

OpportunitiesJapan, India and Beyond Within DTA your opportunities are limitless. Working here offers you exciting potential to grow professionally and personally.You are given many projects to tackle gaining experience and exposure to new and exciting work within DTA. It’s up to you how far you want to take your career. DTA enables employees to rise to the next level within a relatively short period of time for a large organization.

DTA is a truly global organization.You will work with people from around the world, and gain opportunities to move, not only within your office to new positions, and departments, but also beyond borders to grow your career and expand your horizons.You will find great diversity in our offices in Kawasaki and Chennai.DTA offers employees the ability to gain cross-cultural job exposure to experience working in other countries, which we believe also supports career growth.This brings us closer together and expands our knowledge and competencies in our markets around the globe providing us with better work solutions for our products, customers and people. Opportunities abound.

0908 DAIMLER TRUCKS ASIA OUR BRANDS

FUSOThe Mitsubishi Fuso brand is trusted for its quality, economic efficiency, solid and functional design, andcommitted after-sales services. FUSO is the leading Japanese brand across many markets, known for its track record of technological innovations and high levels of customer satisfaction based on the lowest total cost of ownership.

Mitsubishi Fuso products offer ultimate reliability and durability, which translates into increased payload and uptime for our customers.

To ensure our vehicles keep delivering profits, FUSO has adopted the Commercial Vehicle Development System (CVDS). Clearly defined quality gates, from project launch to start of production, guarantee product maturity and quality.R&D expertise from around the world is shared and best practices implemented to ensure our customers are benefiting from the most advanced designs and materials.

The Truck Operating System (TOS) — another global Daimler program — allows manufacturing methods to be adopted from the best plants in the world. It serves as a benchmark to ensure the highest performance and continuous improvement to meet our objectives in terms of safety, quality, cost, delivery, environmental impact and employee morale. FUSO plants consistently rank as some of the leanest in global benchmarks.

Our Kitsuregawa Proving Ground is the largest of its kind, both in Japan and within Daimler Trucks worldwide. We maintain the quality of FUSO products through R&D based on the strictest standards. Our efforts pay off: FUSO products consistently rank first in residual values and often live a second life after being exported from their original country of purchase.

Launched in 2013, the new FUSO range includes the FA, FI, FJ, FO and FZ products, developed specifically for emerging markets around the world. Manufactured in the Oragadam Plant in Chennai, India, these trucks are a blend of Daimler Trucks’ technology, Japanese engineering quality and Indian creativity.

Our brandsCustomer-focused. Trusted worldwide.

Our strong vehicle brands aregathered under the umbrella ofDaimler Trucks Asia (DTA).Through our products, we offer ourcustomers tailored solutions andpioneering technologies.

1110 DAIMLER TRUCKS ASIA OUR BRANDS

E-FUSOAs the frontrunner in electric trucks, FUSO has taken the next logical step in creating a product brand dedicated to electric trucks and buses: E-FUSO.

E-FUSO is the first global OEM brand exclusively dedicated to electric trucks and buses.While the first truck to carry the E-FUSO badge is the new E-FUSO Vision One all-electric HDT, the next generation of the FUSO eCanter — planned for launch in 2021 — will also come under the E-FUSO brand.

E-FUSO is a clear commitment by FUSO to the goal of making its complete range electric, as technology and reach permit. It sends out a strong signal to countries and cities that, as a global CV manufacturer, Daimler Trucks Asia is serious about contributing to global and national efforts to reduce greenhouse gas emissions.

E-FUSO Vision OneThe E-FUSO Vision One is a concept vehicle that offers a glimpse into our vision for the next stage of electric trucks.

A heavy-duty rigid truck with a gross vehicle weight of 23 tons, it carries a payload of 11 tons. The E-FUSO Vision One allows a range of 350 km on a single charge, depending on application and driving conditions.

Its striking and futuristic design offers a glimpse into what lies ahead at FUSO, while the spacious and minimalist interior shows what the driver’s workplace will look like.

With its head-up display and modern connectivity and communication features, it’s a bold preview of our future products.

Finally, the Vision One is the first vehicle badged with the newly-created E-FUSO brand.This makes FUSO the first commercial vehicle brand to introduce a sub-brand exclusively for electric trucks and buses.

BharatBenzBharatBenz is the youngest member of the Daimler commercial vehicle family. The brand was developed specifically for the Indian market. BharatBenz offers a full range of modern, safe and efficient trucks from 9 to 49 tonnes as well as school, staff and tourist buses and bus chassis.

Made in India, made for IndiaBharatBenz trucks are tailored specifically to the demanding requirements of Indian customers and cater to a wide range of applications in the transport and construction sectors. All vehicles are produced locally according to global Daimler quality standards, with a high degree of

components and parts sourced locally from Indian suppliers.

Better efficiency, enhanced performanceThe defining features of BharatBenz vehicles are:• Efficiency: fuel-efficient

engines, low maintenance costs• Performance: higher powered

engines, higher torque• Reliability: extensive testing,

highest quality standards• Safety: holistic approach from

vehicle to driver

“Power ahead“First unveiled in February 2011, the BharatBenz celebrated its market launch in September 2012 and introduced its heavy-duty haulage trucks.

The portfolio was continously expanded with the launch of its medium-duty haulage trucks (2013), construction & mining trucks and tractors (2014) and buses (2015).

BharatBenz products are sold and serviced through a pan-Indian network of more than 150 touchpoints which is continuously expanded further also beyond the tier-2 and tier-3 cities. Within six years after the market launch, more than 75,000 vehicles have already been handed over to customers - an unprecendented ramp-up in the world’s toughest commercial vehicle market.

13PRODUCTS12 DAIMLER TRUCKS ASIA

FUSO Product Lineup

Heavy-Duty TrucksGVW: 20 tons

Medium-Duty TrucksGVW: 8–20 tons

Light-Duty TrucksGVW: 3.5–8 tons

Large Coach Buses

Large City Route Buses

Small Buses

E-FUSOVans

Industrial Engines

Super Great

Super Great (Tractor)

FJ

FO

FZ

Fighter

Fighter (Dump)

FA/FI

Canter Van (Micro Bus)

Canter Van (Van)

Canter

Canter Eco Hybrid

Canter EX

Canter Guts

Aero Queen

Aero Ace

Aero Star

Rosa

4M50-TLE3BA

6M60-TLE3BA

6M70-TLE3A

E-FUSO Vision Truck

Prototype

eCanter

1514 DAIMLER TRUCKS ASIA PRODUCTS

BharatBenz Product Lineup

Haulage — Medium-Duty Trucks

Haulage — Heavy-Duty Trucks

Tractors

Construction Range

Mining Trucks

Gross vehicle weight rating: 9.6 – 13 t

Vehicle use: A broad range of products for logistics applications

Engines: 4-cylinder in-line engines

Output: 100 kW

Chassis: 4×2

Gross vehicle weight rating: 13 – 25 t

Vehicle use: Construction industry

Engines: 4-cylinder in-line engines, 6-cylinder in-line engines

Output: 125 kW, 175 kW

Chassis: 4×2, 6×4

Gross vehicle weight rating: 25 – 31 t

Vehicle use: Mining operations

Engine: 6-cylinder in-line engines

Output: 210 kW

Chassis: 6×4, 8×4

Gross vehicle weight rating: 16 – 37 t

Vehicle use: A broad range of products for logistics applications

Engines: 4-cylinder in-line engines, 6-cylinder in-line engines

Output: 125 kW, 175 kW

Chassis: 4×2, 6×2, 8×2, 10×2

Gross combination weight rating: 40 – 49 t

Vehicle use: Industrial freight, heavy-duty transportation, special use transportation

Engines: 6-cylinder in-line engines

Output: 175 kW, 210 kW, 295 kW

Chassis: 4×2, 6×4

* Daimler Buses complete vehicles and bus chassis made by Daimler India Commercial Vehicles not shown here.

1716 LOCATIONSDAIMLER TRUCKS ASIA

MFTBC Headquarters

DICV

Daimler Headquarters

MFTBC HeadquartersKawasaki Plant / Research & Development and Purchasing CenterKawasaki City, Kanagawa

The Kawasaki plant is the largest FUSO truck plant, manufacturing light, medium and heavy duty trucks for Japan and export markets. It also includes the R&D center and the global Hybrid center, as well as operational functions such as procurement, logistics and production planning.

Nakatsu Plant

Aiko-gun, Kanagawa

Located one hour west of Tokyo, the Nakatsu plant specializes in the manufacturing and assembly of FUSO transmissions and powertrain components. A highly automated, state of the art manufacturing process ensures the reliability and durability of FUSO powertrains. Production cycles are synchronized with the nearby Kawasaki plant.

Kitsuregawa Proving Ground

Sakura City, Tochigi

The FUSO proving ground two hours north of Tokyo is one of the largest commercial vehicle testing facilities in the world. With specialized equipment, procedures and staff for truck and bus testing, Kitsuregawa has been safeguarding the concept maturity and product quality of all FUSO vehicles since 1980.

Mitsubishi Fuso BusManufacturing Co., Ltd.Toyama City, Toyama

Located in the north of Japan, MFBM is one of the largest bus plants in Japan, manufacturing the entire FUSO bus range. Specializing in a high degree of customization to meet specific customer demands, MFBM produces buses for Japan and the world.

Daimler India CommercialVehicles Pvt. Ltd.India

The state-of-the-art manufacturing plant at Oragadam near Chennai, Tamil Nadu, spreads over 400 acres (160 hectares) including a highly modern test track and is also home to the company’s headquarters and R&D operations. With one global quality standard, it also produces Daimler Trucks’ brands of FUSO, Mercedes-Benz and Freightliner, and products are exported to more than 40 markets in Africa, Asia, Latin America and the Middle East.

Production and R&D Facilities

Overseas Business Operations

We rely on customer orientation and local market knowledge of distributors in our global sales network, and aim to produce locally wherever possible to provide the most competitive price and the most efficient delivery process. Our production network, including those for knocked-down (KD) products, includes 17 manufacturing sites on three continents.

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