Stellantis N.v. · EURONEXT:STLAP
Stellantis — Shareholder Meeting (April 2026)
31 slides from Stellantis's shareholder meeting presentation, Apr 14, 2026
Slide 1: Annual General Meeting April 14, 2026 - Full Year 2025 Results
ANNUAL GENERAL MEETING April 14, 2026 SIXPACK-powered 2026 Dodge Charger Scat Pack FULL YEAR 2025 RESULTS
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT This document, in particular references to “2026 Financial Guidance”, contains forward looking statements. In particular, statements regarding future financial performance and the Company’s expectations as to the achievement of certain targeted metrics, including revenues, indu
Slide 3: FY 2025 Executive Summary
FY 2025 EXECUTIVE SUMMARY FY '25 Reset Year Brings Encouraging Progress in H2 '25 Commercial Momentum Building Return to Challenging Results with €153.5B with H2 '25 Net Revenues and IFCF Encouraging signs in NA with sequential Top-Line Growth in Net Revenues, €(842.0)M of AOI delivering improvement
Slide 4: Financial Review: FY 2025 Overview
FINANCIAL REVIEW: FY 2025 OVERVIEW Shipments Net Revenues AOI Margin* Adjusted Diluted EPS* Industrial FCF* (Consolidated) 5.5M €153.5B -0.5% -€0.42 -€4.5B +1% -2% -600 bps -117% +€1.5B Improvement driven by Driven by FX headwinds and Driven by a combination of Driven largely by the Improvement driv
Slide 5: Financial Review: Group Adj Operating Income Walk
FINANCIAL REVIEW: GROUP ADJ OPERATING INCOME WALK € million FY 2025 ADJUSTED OPERATING INCOME* % = AOI Margin* 5.5% (0.5%) * Refer to Appendix for definitions of supplemental financial measures and reconciliations to applicable IFRS metrics APRIL 14, 2026 Figures may not add due to rounding ANNUAL G
Slide 6: Financial Review: Group AOI Walk - H2 2025
FINANCIAL REVIEW: GROUP AOI WALK - H2 2025 • Volume & Mix up €0.9B, improvement driven primarily by NA-led shipment growth H2 2025 ADJUSTED OPERATING INCOME* € million unless otherwise stated • Vehicle Net Price up €0.2B, primarily driven by % = AOI Margin* positive pricing actions in NA and MEA, pa
Slide 7: Financial Review: Industrial AOI to IFCF Walk
FINANCIAL REVIEW: INDUSTRIAL AOI TO IFCF WALK Industrial AOI* to Industrial FCF Bridge € million FY 2025 FY 2024 H2 2025 H2 2024 FY 2025 vs. FY 2024 Industrial Adj. Operating Income (782) 8,160 (1,066) (63) • Industrial Free Cash Flow improvement of €1.5B due largely to improved working Depreciation
Slide 8: Financial Review: Key Group Metrics
FINANCIAL REVIEW: KEY GROUP METRICS FY 2025 vs. € million, except as otherwise stated FY 2025 FY 2024 FY 2024 Combined Shipments(1) (000 units) 5,573 5,526 1% • Operating Income down y-o-y, Consolidated Shipments(1) (000 units) 5,484 5,415 1% driven by unusual charges of €25.4B, related mainly to Ne
Slide 9: Financial Review: Guidance - 2026 Financial Guidance
FINANCIAL REVIEW: GUIDANCE 2026 Financial Guidance AOI Considerations: Net Revenues Mid-Single Digit % Increase • Revenue growth reflects recently expanded product portfolio • Pricing trends, outside of hyper-inflationary countries, projected at neutral to nominally positive • Estimated €1.6B in net
Slide 10: Decisive Reset Enables Profitable Growth
DECISIVE RESET ENABLES PROFITABLE GROWTH Decisive Reset for Profitable Growth • Resetting organization by empowering regional teams, to accelerate decisions and maximize execution rigor • Resetting stakeholder relationships, including with dealers, suppliers, institutions and unions • Resetting prod
Slide 11: Progressive Performance Improvement in 2026: North America
PROGRESSIVE PERFORMANCE IMPROVEMENT IN 2026: NORTH AMERICA North America Update H2 '25 Progress Points: • Increased total sales 4% y-o-y and market share +0.2ppts y-o-y and +0.6ppts from H1 '25, driven by strong truck and SUV performance • Total order book up ∼150% y-o-y at Dec 31 '25 • Filled white
Slide 12: Progressive Performance Improvement in 2026: Enlarged Europe
PROGRESSIVE PERFORMANCE IMPROVEMENT IN 2026: ENLARGED EUROPE Enlarged Europe Update H2 '25 Highlights: • Overall Enlarged Europe #2 market share position • EU30 Leader: ◦ B-segment PC in EU30 with 23.2% market share, up 280 bps y-o-y ◦ LCV in EU30 with 27.4% market share, down 230 bps y-o-y • Custom
Slide 13: Progressive Performance Improvement in 2026: Other Regions Update
PROGRESSIVE PERFORMANCE IMPROVEMENT IN 2026: OTHER REGIONS UPDATE Ram Dakota Fiat Grande Panda Citroën C5 Aircross South America Middle East & Africa China & IAP H2 '25 Progress Points: H2 '25 Progress Points: H2 '25 Progress Points: • Maintains market share leadership • Improved market share up 0.7
Slide 14: APRIL 14, 2026 ANNUAL GENERAL MEETING | 14
APRIL 14, 2026 ANNUAL GENERAL MEETING | 14
Slide 15: Appendix
APPENDIX Fiat Qubo L APRIL 14, 2026 ANNUAL GENERAL MEETING | 15
Slide 16: Definitions and Notes to Presentation
DEFINITIONS AND NOTES TO PRESENTATION For purposes of this presentation, and unless otherwise stated: NA = North America, U.S. = United States, EE = Enlarged Europe, EU = European Union, UK = United Kingdom, SA = South America, MEA = Middle East & Africa, IAP = India & Asia Pacific EU30 = EU 27 (exc
Slide 17: Non-GAAP Financial Measures (1 of 2)
NON-GAAP FINANCIAL MEASURES (1 of 2) Stellantis monitors its operations through the use of several non-generally accepted accounting principles (non-GAAP) financial measures. Company management believes that these non-GAAP financial measures provide useful and relevant information regarding our oper
Slide 18: Non-GAAP Financial Measures (2 of 2)
NON-GAAP FINANCIAL MEASURES (2 of 2) • Effective H1 2025, two types of cash flows were reclassified to cash flows from operating activities: (i) the net change in receivables related to financial services activities have been reclassified from investing activities as these are part of our principal
Slide 19: Reconciliation of Net Revenues from External Customers to Net Revenues
RECONCILIATION OF NET REVENUES FROM EXTERNAL CUSTOMERS TO NET REVENUES FY 2025 China and North Enlarged Middle East South India & Asia € million America Europe & Africa America Pacific Maserati Other(1) Stellantis Net Revenues from External Customers 60,962 57,602 9,708 16,031 1,867 726 6,612 153,50
Slide 20: Reconciliation of Net Revenues from External Customers to Net Revenues
RECONCILIATION OF NET REVENUES FROM EXTERNAL CUSTOMERS TO NET REVENUES FY 2024 China and North Enlarged Middle East South India & Asia € million America Europe & Africa America Pacific Maserati Other(1) Stellantis Net Revenues from External Customers 63,449 58,844 10,109 15,883 1,991 1,038 5,564 156
Slide 21: Reconciliation of Net Profit to Adjusted Operating Income
RECONCILIATION OF NET PROFIT TO ADJUSTED OPERATING INCOME FY 2025 China and India Middle East & & € million North America Enlarged Europe Africa South America Asia Pacific Maserati Other (*) Stellantis Net Profit (22,332) Tax Expense (4,273) Net Financial Expenses/(Income) 351 Operating Income (26,2
Slide 22: Reconciliation of Net Profit to Adjusted Operating Income
RECONCILIATION OF NET PROFIT TO ADJUSTED OPERATING INCOME H2 2025 Middle East & China and India & € million North America Enlarged Europe Africa South America Asia Pacific Maserati Other (*) Stellantis Net Profit/(Loss) (20,076) Tax Expense/(Benefit) (3,659) Net Financial Expenses/(Income) 191 Opera
Slide 23: Reconciliation of Net Profit to Adjusted Operating Income
RECONCILIATION OF NET PROFIT TO ADJUSTED OPERATING INCOME FY 2024 China and India Enlarged Middle East & & € million North America Europe Africa South America Asia Pacific Maserati Other (*) Stellantis Net Profit 5,520 Tax Expense (1,488) Net Financial Expenses/(Income) (345) Operating Income 3,687
Slide 24: Reconciliation of Net Profit to Adjusted Operating Income
RECONCILIATION OF NET PROFIT TO ADJUSTED OPERATING INCOME H2 2024 Enlarged Middle East & China and India € million North America Europe Africa South America & Asia Pacific Maserati Other (*) Stellantis Net Profit (127) Tax Expense (2,830) Net Financial Expenses/(Income) 5 Operating Income (2,952) Ad
Slide 25: Reconciliation of Diluted EPS to Adjusted Diluted EPS
RECONCILIATION OF DILUTED EPS TO ADJUSTED DILUTED EPS € million, except as otherwise stated FY 2025 FY 2024 H1 2025 H1 2024 H2 2025 H2 2024 Net profit attributable to owners of the parent (22,368) 5,473 (2,240) 5,624 (20,128) (151) Weighted average number of shares outstanding (000) 2,886,684 2,949,
Slide 26: Reconciliation of Cash Flows from Operating Activities to Industrial Free Cash Flows
RECONCILIATION OF CASH FLOWS FROM OPERATING ACTIVITIES TO INDUSTRIAL FREE CASH FLOWS € million H2 2025 H2 2024 FY 2025 FY 2024 Cash Flows from Operating Activities(1) (2,363) (2,435) (4,650) 1,535 Less: Financial Services, Net of Inter-Segment Eliminations (5,303) (2,825) (9,700) (5,209) Less: Capit
Slide 27: Reconciliation of Debt to Industrial Net Financial Position
RECONCILIATION OF DEBT TO INDUSTRIAL NET FINANCIAL POSITION € million Dec 31 2025 Jun 30 2025 Dec 31 2024 Debt (45,947) (40,799) (37,227) Current Financial Receivables from Jointly-Controlled Financial Services Companies 603 1,371 674 Derivative Financial Assets/(Liabilities), Net and Collateral Dep
Slide 28: Debt Maturity Schedule - Industrial Activities
DEBT MATURITY SCHEDULE – INDUSTRIAL ACTIVITIES € billion Outstanding Dec 31 2025 2026 2027 2028 2029 2030 Beyond 20.9 Capital Markets Debt 2.5 2.2 2.6 1.9 2.6 9.1 0.9 Bank Debt 0.6 0.1 0.1 — — 0.1 0.4 Other Debt 0.2 0.1 — — — — 2.4 Lease Liabilities 0.8 0.4 0.2 0.2 0.2 0.7 24.6 Total Industrial Cash
Slide 29: Debt Maturity Schedule - Industrial Available Liquidity
DEBT MATURITY SCHEDULE – INDUSTRIAL ACTIVITIES Industrial Available Liquidity € billion Industrial Financial Outstanding Dec 31 2025 Group Activities Services Cash, Cash Equivalents and Financial Securities 31.5 29.3 2.2 Undrawn Committed Credit Lines 18.3 16.4 1.9 Total Industrial Available Liquidi
Slide 30: Research and Development Costs and Expenditures
RESEARCH AND DEVELOPMENT COSTS AND EXPENDITURES € million H2 2025 H2 2024 FY 2025 FY 2024 Research and Development Expenditures Expensed 1,447 1,390 2,858 2,932 Amortization of Capitalized Development Expenditures 1,006 1,073 2,094 2,149 Impairment and Write-off of Capitalized Development Expenditur
Slide 31: Stellantis brands
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