Stellantis Resets its Business to Meet Customer Preferences and

to Support Profitable Growth

H2 2025 charges of approximately €22 billion primarily reflect a strategic shift to put freedom of choice – from a growing range of EVs, hybrids and advanced internal combustion engines – at the heart of the Company's plans

Preliminary financial results disclosed for H2 2025; improved Net Revenues and Industrial Free Cash Flow (IFCF). Adjusted Operating Income (AOI) & Net Income impacted by specific items

• This reset of Stellantis' business resulted in charges of approximately €22.2 billion(1) excluded from AOI(2) for the second half of 2025, including cash payments of approximately €6.5 billion, which are expected to be paid over the next four years.
• These actions continue the decisive changes Stellantis began implementing in 2025, which are already delivering early benefits, including a return to volume and Net revenue growth in H2 2025, increases in customer and dealer ordering, and improvements in initial quality KPIs.
• 2026 guidance initiated, projecting improvement in Net revenues, AOI margin(3) and IFCF(4).
• In recognition of the 2025 Net loss, the Company will not pay a dividend in 2026. In addition, the Board authorized the issuance of up to €5 billion non-convertible subordinated perpetual hybrid bonds. These actions will contribute to preserving a strong balance sheet, with approximately €46 billion in Industrial available liquidity(5) at year-end.