Supervisory Board of Daimler AG Extends Contracts of Dr. Dieter Zetsche and Dr. Thomas Weber and Appoints Dr. Wolfgang Bernhard to the Board of Management

STUTTGART, Germany, Feb. 17 /PRNewswire-FirstCall/ -- In its meeting today, the Supervisory Board of Daimler AG (stock exchange abbreviation DAI) extended the contract of Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars, until December 31, 2013. The contract of Dr. Thomas Weber, Board of Management Member for Group Research and Mercedes-Benz Cars Development, was also extended until December 31, 2013. Furthermore, the Board of Management will once again consist of six members. Dr. Wolfgang Bernhard has been appointed to the newly created position for Mercedes-Benz Cars Production and Procurement as well as the Mercedes-Benz Vans division with immediate effect, meaning as of February 18, 2010. He is appointed until the end of February 2013.

Dr. Dieter Zetsche has been a member of the Daimler Board of Management since December 16, 1998 and Chairman of the Board of Management since January 1, 2006. He is also Head of the Mercedes-Benz Cars division. Dr. Thomas Weber has been a member of the Daimler Board of Management since January 1, 2003, with responsibility for Group Research and Mercedes-Benz Cars Development since May 1, 2004.

The contracts of Dr. Zetsche and Dr. Weber would have expired in December 2010. In accordance with Section 84, Subsection 1 of the German Stock Corporation Act (AktG), the Supervisory Board makes a decision on reappointment after the beginning of the last year of office. The three-year extension effective as of January 1, 2011, reflects Daimler's general policy to conclude contracts for a period of three years, in case of both initial appointments and reappointments.

Dr. Wolfgang Bernhard has been appointed as an additional member of the Board of Management. Dr. Bernhard, who became Head of Daimler's Mercedes-Benz Vans division in April 2009, assumes Board of Management responsibility for Mercedes-Benz Cars Production and Procurement as well as for the Mercedes-Benz Vans division. A successor for his current position will be appointed soon.

Curricula vitae and photos are available on the Daimler website: http://media.daimler.com/ms/board.

Further information on Daimler is available on the Internet: www.media.daimler.com

About Daimler

Daimler AG, Stuttgart, with its businesses Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services, is a globally leading producer of premium passenger cars and the global market leader of heavy- and medium-duty trucks as well as buses. The Daimler Financial Services division has a broad offering of financial services, including vehicle financing, leasing, insurance and fleet management. Daimler sells its products in nearly all the countries of the world and has production facilities on five continents. The company's founders, Gottlieb Daimler and Carl Benz, continued to make automotive history following their invention of the automobile in 1886. As an automotive pioneer, Daimler and its employees willingly accept an obligation to act responsibly towards society and the environment and to shape the future of safe and sustainable mobility with groundbreaking technologies and high-quality products. The current brand portfolio includes the world's most valuable automobile brand, Mercedes-Benz, as well as smart, Maybach, Freightliner, Western Star, Mitsubishi Fuso, Setra, Orion and Thomas Built Buses. The company is listed on the stock exchanges in Frankfurt, New York and Stuttgart (stock exchange abbreviation DAI). In 2008, the Group sold 2.1 million vehicles and employed a workforce of over 270,000 people; revenue totaled EUR 95.9 billion and EBIT amounted to EUR 2.7 billion. Daimler is an automotive Group with a commitment to excellence, and aims to achieve sustainable growth and industry-leading profitability.

SOURCE Daimler Corporate Communications

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