Ford Motor Company ("Ford" or the "Company") is undertaking an anti-dilutive share repurchase program to offset the dilutive effect of share-based compensation granted during 2026 and the dilutive effect of settling with shares our obligations in excess of the aggregate principal amount of our 0.00% Senior Convertible Notes due March 15, 2026 that are converted. The plan authorizes repurchases of up to 31.7 million shares of Ford Common Stock.