By Chase Gummer 
 

FRANKFURT--German car maker Daimler AG (DAI.XE) said on Thursday it was allocating 2.5 billion euros ($3.09 billion) to the Daimler Group's pension fund in an extraordinary contribution.

The company said in a statement the move would have a positive impact on interest income and net profit over the coming years, but wouldn't affect earnings before interest and taxes for the group.

"This allocation to the pension fund significantly increases the funded ratio of our pension obligations," said Bodo Uebber, a member of the board of management at Daimler.

"It strengthens the pension fund, so that we can guarantee the rising pension payments in the future."

Write to Chase Gummer at chase.gummer@wsj.com

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