Ford Takes Steps to Ensure Supply Continuity and Availability of Products for Customers Despite Fire at Parts Supplier

• Ford Motor Company said it is working to mitigate U.S. production losses after a May 2 fire at a parts supplier
• Parts shortages resulting from the fire at Meridian Magnesium Products of America's plant supply issue is currently impacting F-150 and Super Duty production at Ford's Kansas City Assembly, Dearborn Truck and Kentucky Truck plants
• Ford accounts for less than a third of the volume of output from the affected Meridian plant

Ford Motor Company is working with its supply base to offset impacts of a fire that occurred at one of the company's suppliers last week and is affecting the production of certain vehicles, due to a shortage of die-cast components.

"This is a fluid situation, but we are working closely with our supplier partners to do everything we can to limit the impact on our production," said Joe Hinrichs, executive vice president and president of Global Operations. "It's a full team effort and we're confident that any impacts will be short term. The good news is we have strong inventories of our best-selling F-Series pickups and other vehicles, and customers won't have a problem finding the model they want."

Current impacts from the supply shortage, included:

• F-150 production is suspended at Kansas City (Mo.) Assembly Plant and will also be suspended at the Dearborn (Mich) Truck Plant at the end of the afternoon shift tonight
• Ford F-Series Super Duty production is down at Kentucky Truck Plant in Louisville. Ford expects Super Duty production to continue at Ohio Assembly Plant in Avon Lake

While the production shortage is expected to have an adverse impact on the company's near term results, the company's guidance of delivering an adjusted EPS in the range of $1.45 to $1.70¹ for the full year is unchanged.

About Ford Motor Company

Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions. Ford employs approximately 202,000 people worldwide. For more information regarding Ford, its products and Ford Motor Credit Company, please visit www.corporate.ford.com.

¹ Adjusted earnings per share is a non-GAAP financial measure. Ford does not provide guidance on an earnings per share basis, the comparable GAAP financial measure. Ford's earnings per share in 2018 will include potentially significant special items that have not yet occurred and are difficult to predict with reasonable certainty prior to year-end, including pension and OPEB remeasurement gains and losses.

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Statements included or incorporated by reference herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on expectations, forecasts, and assumptions by our management and involve a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those stated, including, without limitation:

• Ford's long-term competitiveness depends on the successful execution of fitness actions;
• Industry sales volume, particularly in the United States, Europe, or China, could decline if there is a financial crisis, recession, or significant geopolitical event;
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