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The Stellantis Group celebrates its first anniversary and accelerates its transformation into a mobility technology company

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  • In its first year of existence, the Stellantis Group is committed to seizing the opportunities of the new era of mobility and providing innovative, agile and efficient solutions that will transform the way travel is done around the world
  • It has laid a good foundation for the future development of the Group, while achieving impressive results in the first half of 2021 and establishing a series of strategic partnerships
  • Bright Future: The Group's long-term strategic plan will be announced on 1 March 2022

(Amsterdam, 19 January 2022) The Stellantis Group, which combines the adventurous spirit and vision of the two founding companies, aims to shape the future of mobility through innovative and sustainable solutions. Today, the Stellantis Group celebrates its first anniversary, reviewing the group's key achievements over the past 12 months.

Carlos Tavares, CEO of Stellantis Group, said: "Our industry is entering an exciting new era driven by the growing digital lifestyles of our customers. The Stellantis Group was born at a time when a new industrial spirit was needed in our world. This spirit supports this urgent need by providing clean, connected, affordable and safe mobility for all. Thanks to the daily contribution of each and every employee of the Stellantis Group, who continues to work hard to build our common community and achieve the Group's great goals, thus paving the way for a bright future. ”

In its first year, the Stellantis Group embarked on its journey to lead the way the world traveled, achieving a series of impressive and landmark achievements that laid the foundation for the company.

  • The Group's goal: "We lead the way we travel globally with diversity as the driving force", while also establishing the Group's values and commitment to caring for the planet, our employees and the society in which we operate
  • Rapidly established an efficient operational governance and leadership team
  • The Group successfully launched more than 10 new models in 2021, including: Citroën C4, Fiat Pulse, DS 4, DS 9, Jeep® Commander, Jeep® Grand Cherokee, Jeep® Grand Cherokee L, Jeep® Wagoneer, Jeep® Grand Wagoneer, Maserati MC20, Opel Mokka, Opel Rocks-e and Peugeot 308
  • It plans to invest more than €30 billion by 2025 to execute the Group's electrification and software strategy to support the Group's 14 iconic car brands and two mobility brands, thereby transforming the Group into a sustainable mobility technology company, while building an innovative and strong ecosystem through strategic partnerships
  • Unveiling a grand electrification strategy, 33 electrified models have been launched so far, including fuel cell vans. Over the next 18 months, the Group will launch another eight more pure electric vehicles. At the same time, the Group has established partnerships with Automotive Cells Company, Factorial Energy, LG Energy Solution, Samsung SDI and Vulcan Energy
  • Accelerate the Group's transformation in the software sector through disruptive collaborations with Amazon, BMW, Foxconn and Waymo
  • Strengthening the Group's global financing business in the U.S., acquiring First Investors Financial Services and working in Europe with BNP Paribas Personal Finance, Crédit Agricole Consumer Finance and Santander Consumer Finance Finance) established a partnership
  • The Group's long-term strategic plan is in preparation and will be announced on 1 March 2022

Bright future

Carlos Tavares, CEO of Stellantis Group, said: "We still have a lot of work to do, but we are progressing well. The race has begun and it is our responsibility that the Stellantis Group will make a difference in the harsh environment in which we operate. Thanks to our sense of competition, I have a strong confidence that the well-known brands and star models of the Stellantis Group will continue to shine. ”

The Stellantis Group's journey began 12 months ago with a solid market position in three major regions: Europe, North America and South America, as well as significant untapped potential in important markets such as China, Africa, the Middle East, India and Oceania. With manufacturing operations in approximately 30 countries around the world, the Group has the ability to efficiently meet and exceed customer expectations and provide vehicles and services of unmatched quality in more than 130 national and regional markets.

The journey of the Stellantis Group

  • December 18, 2019: PSA Group and FCA Group sign an agreement to merge at a 50:50 ratio
  • July 15, 2020: PSA Group and FCA Group announce the name of the new group in the future: Stellantis
  • September 14, 2020: The merger agreement was amended in view of the economic impact of the COVID-19 pandemic
  • September 29, 2020: PSA Group and FCA Group announce the names of the Board of Directors of Stellantis Group
  • November 9, 2020: Stellantis Group Corporate Logo is released
  • 4 January 2021: The respective shareholders' meetings of PSA Group and FCA Group approve the merger of the two groups
  • January 16, 2021: PSA Group and FCA Group complete the merger
  • January 17, 2021: The combined group changes its name to Stellantis N.V. (Stellantis Group)
  • 18 January 2021: Stellantis Group holds a listing bell ringing ceremony at Euronext Paris and Borsa Italiana Milan, France
  • January 19, 2021: Stellantis Group holds a listing bell ringing ceremony on the New York Stock Exchange

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About the Stellantis Group

Stellantis Group ("Stellantis N.V.", NYSE/ESPA/Euronext Paris: STOCK CODE STLA is a leading global car manufacturer and provider of mobility solutions, including Abbas, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leass. These legendary, iconic brands have incorporated the passion of their visionary founders and the passion of today's customers into their product and service innovations. "We are driven by diversity and lead the way we travel globally", stellantis Group aspires to be one of the greatest, not the largest, sustainable mobility technology companies, while continuing to create value for stakeholders and the societies in which it operates.

Forward-Looking Statements

This press release contains forward-looking statements. In particular, it is important to emphasize that future events and expected results of operations, business strategies, expected benefits of the proposed transaction, future financial and operating results, expected closing dates of the proposed transactions and other expectations regarding the company's operations or results of operations are forward-looking statements. These statements may include terms such as "may", "will", "expect", "may", "should", "intend", "estimate", "anticipate", "believe", "maintain", "in progress", "design", "indicator", "purpose", "target", "forecast", "envisage", "outlook", "plan", or other similar terms. Forward-looking statements are not guarantees of future performance. Rather, they are based on what Stellantis currently knows, expectations and predictions of future events, and by their very nature are subject to inherent risks and uncertainties. They are related to events and depend on situations that may or may not occur or do not occur in the future, and therefore, these statements should not be overly relied upon.

Actual results may differ materially from those contained in the forward-looking statements due to a variety of factors, including: the impact of the COVID-19 pandemic; Stellantis' ability to successfully launch new products and maintain vehicle shipments; changes in global financial markets, the general economic environment, and changes in demand for automotive products, which can be subject to cyclical effects; changes in local economic and political conditions, changes in trade policy, global and regional tariff collections, Tariff collection, enactment of tax reforms, or other changes in tax laws and regulations for the automotive industry; Stellantis' ability to expand some of its brands globally; Stellantis' ability to deliver innovative and attractive products; Stellantis' ability to develop, manufacture and sell vehicles with advanced features, including enhanced electrification, connected vehicles, and autonomous driving; various claims, lawsuits, government investigations, and other contingencies, These include product liability and warranty claims, environmental claims, investigations and litigation; significant operating expenses related to environmental, health and safety compliance; fierce competition in the automotive industry that could be exacerbated by mergers; risk of funding shortfalls in the Stellantis Pension Fixed Income Plan; the ability to provide or arrange adequate financing for distributors and retail customers, and the risks associated with setting up and operating a financial services company; obtaining funds to execute the Group's business plan to improve its business, Ability to financial condition and results of operations; serious failure, interruption or security breach that damages the information technology systems or electronic control systems in the Company's vehicles; Stellantis' ability to realize the expected benefits from the operations of the joint venture; damage caused by political, social and economic instability; risks associated with the relationship between the Company and its employees, dealers and suppliers; increased costs, interruptions in supply or shortages of raw materials and shortages of spare parts and system components for Stellantis' vehicles development of labour relations and industrial relations and the development of applicable labour laws, exchange rate fluctuations, changes in interest rates, credit risks and other market risks, political turmoil and civil unrest, earthquakes or other disasters, other risks and uncertainties.

Any forward-looking statements contained in this press release reflect information as of the date of this press release only, and Stellantis undertakes no obligation to update or revise the forward-looking statements that have been disclosed. For more information about Stellantis and its business, including factors that could materially affect Stellantis' financial results, please see Stellantis' reports and filings with the U.S. SEC and AFM.

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