Ford Motor — May 5, 2025 release

lion, adjusted free cash flow was a use of $1.5 billion • Improvements in cost and quality favorably contributed to performance in the quarter • The company estimates a tariff-related net adverse adjusted EBIT impact of about $1.5 billion for full year 2025, subject to ongoing tariff-related policy developments • Due to tariff-related uncertainty, company suspends financial guidance, including full year adjusted EBIT and adjusted free cash flow DEARBORN, Mich., May 5, 2025 – Ford Motor Company (NYSE: F) today announced its first- quarter 2025 financial results. “We are strengthening our underlying business with significantly better quality and our third straight quarter of year-over-year cost improvement, excluding the impact of tariffs,” said Ford President and CEO Jim Farley. “Ford Pro, our largest competitive advantage, is off to a strong start to the year, gaining market share in the most profitable U.S. and European customer segments.” Added Ford CFO Sherry House: “Ford+ is creating a more efficient and durable company including a disciplined approach to capital allocation. Our strong balance sheet, with $27 billion in cash and $45 billion in liquidity, provides flexibility to continue to invest in profitable growth while managing current industry dynamics.” Total Company Highlights First Quarter 2024 2025 Change Wholesale Units (000) 1,045 971 (7) % GAAP Financial Measures Cash Flows from Op. Activities ($B)