Ford Motor Company Reports Fourth Quarter and Full Year 2018 Results • Revenue up in the fourth quarter and full year; net income, adjusted EBIT and margin lower • North America EBIT margin of 7.6% in the quarter and 7.9% in the full year • Continued strong results at Ford Credit, with best full-year earnings before taxes in eight years • Balance sheet remains strong with cash and liquidity balances above targets DEARBORN, Mich., Jan. 23, 2019 – Ford Motor Company today released its preliminary fourth-quarter and full-year 2018 financial results. Company revenue increased from the prior year in both periods, while net income and company adjusted EBIT were both lower. North America delivered a fourth-quarter EBIT margin of 7.6 percent and a full-year margin of 7.9 percent. Ford Credit had strong results in the quarter and its best full year earnings before taxes in eight years. The company ended the year with cash and liquidity balances that were above its targets of $20 billion and $30 billion, respectively. “We have consistently laid the foundation for the global redesign of our business, clearly investing to sharpen our competitiveness so we can better serve customers and invest for the future,” said Jim Hackett, Ford president and CEO. “Ford enters 2019 with a clear vision, a solid plan, and we are now in execution mode.” 2018 FOURTH QUARTER & FULL YEAR FINANCIAL RESULTS* Fourth-quarter company revenue rose 1 percent, due to improved mix and higher net pricing. Company net loss of $0.1 billion included a negative $0.9 billion non-cash pre-tax mark-to-market adjustment for global pension and OPEB plans. Company adjusted EBIT of $1.5 billion was driven by North America, which posted fourth-quarter EBIT of $2.0 billion and an EBIT margin of 7.6 percent. Ford Credit continued its strong performance with fourth- GAAP quarter EBT of $663 million. Cash Auto operations outside of North America generated an Net Flows EBIT loss of $828 million in the fourth quarter, down $692 Income Net from Op. Revenue EPS Margin million, driven by China and Europe . Income Activities In the full year, net income was $3.7 billion and company adjusted EBIT was $7 billion, driven by North America, with 4Q 2018 $41.8B $(0.1)B $(0.03) (0.3)% $1.4B an EBIT margin of 7.9 percent, and Ford Credit EBT of $2.6 billion, its highest in eight years. B/(W) 4Q 2017 $0.5B $(2.6)B $(0.66) (6.4) ppts $(1.8)B While auto operations reported a lower EBIT than a year ago, driven by China and Europe, all regions continued to FY 2018 $160.3B $3.7B $0.92 2.3% $15.0B focus on improving operational fitness while building on core company strengths. In Europe, Ford posted record SUV B/(W) sales, while Ranger was the region’s best-selling pick up, FY 2017 $3.5B $(4.1)B $(1.01) (2.6) ppts $(3.1)B and Ford once again was the best-selling commercial vehicle brand. In the Asia Pacific region, India and Thailand achieved record full-year sales, and Lincoln set a new annual sales record for the fourth consecutive year in China. NON-GAAP “While 2018 was a challenging year, we put in place key Company Company Adj. Op. building blocks to build a more resilient and competitive Company Adjusted Adj. EBIT Cash Adj. EBIT EPS Margin business model that can thrive no matter the economic Flow environment,” said Bob Shanks, Ford CFO. “We are confident in our plan to transform our business.” 4Q 2018 $1.5B $0.30 3.5% $1.5B Shanks said the company balance sheet remains strong, with $23.1 billion of cash and $34.2 billion of liquidity. B/(W) 4Q 2017 $(0.6)B $(0.09) (1.4) ppts $(0.7)B Shanks said Ford expects to be able to fully fund its business needs and capital plans in 2019, while maintaining cash and liquidity levels at or above its target levels. He FY 2018 $7.0B $1.30 4.4% $2.8B added Ford sees the potential for year-over-year improvement in the company’s key financial metrics as it B/(W) FY 2017 $(2.6)B $(0.48) (1.7) ppts $(1.4)B works to close the gaps versus targets. *See endnote on page 5 All comparisons are year-over-year unless noted otherwise. Ford Motor Company: 4Q / FY January 23, 2019

The following information was filed by Ford Motor Credit Co Llc on Wednesday, January 23, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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