Williams Racing increases Mercedes Technical Partnership

Williams Racing has confirmed it has expanded its technical collaboration with Mercedes to include the
supply of certain transferable components from 2022.

Williams has been powered by Mercedes-Benz since the hybrid era began in 2014 and from 2022, the team
will also use Mercedes gearboxes and related hydraulic components.

Historically, Williams has built its own gearboxes and hydraulics in-house, however, the increased partnership
with Mercedes will enable Williams to implement a more efficient design and manufacturing process in-house
in the long-term, allowing the team to focus its resources more effectively in other performance areas. Williams will continue to design and manufacture other chassis parts internally.

Simon Roberts, Team Principal, commented: “I’m pleased to see our great relationship with Mercedes extend
beyond the supply of engines. Williams is an independent team, but Formula One is always evolving, and as
a team we must be agile to react to the current climate in order to put the team in the best position to be
competitive on track. This long-term agreement with Mercedes is a positive step and forms part of our strategic
objectives for the future whilst we will still retain our design and manufacturing capabilities in-house.”

Toto Wolff, CEO and Team Principal of the Mercedes-AMG Petronas Formula One Team concluded: “We are
pleased to expand our technical cooperation with Williams through this new agreement. For Williams, it makes
sense to acquire the integrated power train after running our power units since 2014 and for our team, it makes
sense in terms of economies of scale to supply another team under the new rules. This is a project we have
been discussing with Williams for some time and I am glad we have been able to bring this extension to
fruition.”