Mercedes-Benz Group AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

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

X	Acquisition/disposal of shares with voting rights
X	Acquisition/disposal of instruments
	Change of breakdown of voting rights
X	Other reason: voluntary group notification with triggered threshold on subsidiary level

3. Details of person subject to the notification obligation

Legal entity: Morgan Stanley City of registered office, country: Wilmington, Delaware, 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:

05 Feb 2026

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	0.15 %	7.64 %	7.79 %	962903703
Previous notification	0.1 %	7.9 %	8 %	/

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	1451869	0 %	0.15 %
Total	1451869		0.15 %

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 %
Equity Call Option	From 20.03.2026 to 21.12.2029	at any time	13585443	1.41 %
Right of recall over securities lending agreements	at any time	at any time	5204329	0.54 %
Compound Option	30.03.2027	at any time	14969	0 %
Equity Call Option	From 19.06.2026 to 18.12.2026	at any time	1345000	0.14 %
		Total	20149741	2.09 %

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 %
Equity Put Option	From 20.02.2026 to 21.12.2029	at any time	Physical	8104026	0.84 %
Equity Put Option	20.03.2026	at any time	Cash	5152	0 %
Retail Structured Product	From 14.02.2067 to 29.10.2075	at any time	Cash	1714	0 %
Equity Swap	From 17.02.2026 to 17.12.2035	at any time	Cash	10291735	1.07 %
Equity Call Option	From 18.02.2026 to 30.09.2036	at any time	Cash	62461	0.01 %
Retail Structured Product - Warrant	From 20.03.2026 to 18.12.2026	at any time	Cash	808	0 %
Compound Option	From 18.09.2026 to 02.05.2034	at any time	Cash	570234	0.06 %
Retail Structured Product - Note	From 16.02.2029 to 30.09.2036	at any time	Cash	13434	0 %
Equity Call Option	From 26.06.2026 to 28.12.2026	at any time	Physical	6687066	0.69 %
Equity Call Option	From 08.01.2027 to 15.07.2027	at any time	Physical	17177846	1.78 %
Equity Call Option	From 29.07.2027 to 02.02.2028	at any time	Physical	10500000	1.09 %
Equity Put Option*	From 26.06.2026 to 28.12.2026	at any time	Physical	6687066	0.69 %
Equity Put Option*	From 08.01.2027 to 15.07.2027	at any time	Physical	17177846	1.78 %
Equity Put Option*	From 29.07.2027 to 02.02.2028	at any time	Physical	10500000	1.09 %
Equity Put Option*	From 19.06.2026 to 18.12.2026	at any time	Physical	1345000	0.14 %
			Total	53414476	5.55 %

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)
Morgan Stanley	%	%	%
Morgan Stanley Capital Management, LLC	%	%	%
Morgan Stanley Domestic Holdings, LLC	%	%	%
Morgan Stanley Capital Services LLC	%	%	%
-	%	%	%
Morgan Stanley	%	%	%
Morgan Stanley Capital Management, LLC	%	%	%
Morgan Stanley & Co. LLC	%	%	%
-	%	%	%
Morgan Stanley	%	%	%
Morgan Stanley International Holdings Inc.	%	%	%
Morgan Stanley International Limited	%	%	%
Morgan Stanley Investments (UK)	%	%	%
Morgan Stanley & Co. International plc	%	%	%
-	%	%	%
Morgan Stanley	%	%	%
Morgan Stanley Capital Management, LLC	%	%	%
Morgan Stanley & Co. LLC	%	%	%
Prime Dealer Services Corp.	%	%	%
-	%	%	%
Morgan Stanley	%	%	%
Morgan Stanley Capital Management, LLC	%	%	%
Morgan Stanley Bank, N.A.	%	%	%
-	%	%	%
Morgan Stanley	%	%	%
Morgan Stanley International Holdings Inc.	%	%	%
Morgan Stanley B.V.	%	%	%
-	%	%	%
Morgan Stanley	%	%	%
Morgan Stanley Capital Management, LLC	%	%	%
Morgan Stanley Smith Barney LLC	%	%	%

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:

Regarding section 7.b.2, the Equity Put Options marked with * were not aggregated as they relate to collar transactions (Call & Put) under which, on a consolidated basis, Morgan Stanley can acquire 3.71% of the voting rights in Mercedes-Benz Group AG (or receive an equivalent amount in cash) only once.

Date

11 Feb 2026