Stellantis N.v. · EURONEXT:STLAP
Stellantis — Investor Day (June 2024)
44 slides from Stellantis's investor day presentation, Jun 13, 2024
Slide 1: Presenters: Ned Curic, Maxime Picat, Arnaud Deboeuf
_» NED CURIC ed MAXIME PICAT R ARNAUD DEBOE CHIEF ENGINEERING & TECHNOLOGY OFFICER CHIEF PURCHASING & SUPPLY CHAIN OFFI CHIEF Mae RS fe) ~ >: N . —
Slide 2: Tech & Operations With a Purpose
TECH & OPERATIONS WITH A PURPOSE INNOVATION ACROSS ALL CHANNELS 1. TECHNOLOGY DRIVING FLEXIBILITY, CAPABILITY AND SIMPLIFICATION 2. SUPPLY CHAIN DELIVERING AGAINST TOMORROW'S REQUIREMENTS 3. HOW MANUFACTURING MAXIMIZES BENEFITS OF MULTI-ENERGY PLATFORMS
Slide 3: Tech With a Purpose, Made for Humans
FReaNoloey| + 120:no.0cy onic rumduiry TECH WITH A PURPOSE MADE FOR HUMANS EASIER LIFE ar knows you and Fulfills customer wants and icipates your needs needs at the right time
Slide 4: Stellantis Strategy Embraces Flexibility
7 A ] TECHNOLOGY | 1 | TECHNOLOGY DRIVING FLEXIBILITY a a ed et = STELLANTIS STRATEGY EMBRACES FLEXIBILITY 4 BEV-NATIVE i ’ SMART CAR MULTI-ENERGY E MULTI-ENERGY Helps it ADAPTIVE APPROACH PLATFORM POWER peek ae’s EE ise OPTIONS TO MEET CUSTOMER MULTI-ENERGY PLATFORMS STLA MEDIUM NEEDS AND REGULATIO
Slide 5: Flexibility as Competitive Advantage
TECHNOLOGY | 1| TECHNOLOGY DRIVING FLEXIBILITY FLEXIBILITY AS COMPETITIVE ADVANTAGE ALREADY ON THE ROAD | STLA MEDIUM | STLA LARGE C- AND D- SIZE VEHICLES D- AND E- SIZE VEHICLES PASSENGER CARS, CROSSOVERS, SUVs, LCVs PASSENGER & MUSCLE CARS, SAT ORR EEE Ty: CROSSOVERS, OFF-ROAD & LUXURY SUVs Multi-
Slide 6: Launches Through Key Platforms
16 LAUNCHES THROUGH oe ACROSS 2 KEY PLATFORMS
Slide 7: STLA Frame
TECHNOLOGY) 1 | TECHNOLOGY DRIVING FLEXIBILITY STLA FRAME EMPOWERING PICKUPS, LCVS AND SUVS WITH VERSATILITY LAUNCHING IN 2024 PLATFORM FLEXIBILITY Adaptable chassis One platform for LD and HD pickups, LCVs and body-on-frame SUVs Streamlined production processes and cost efficiencies Supports a vari
Slide 8: The Smart Car Platform
THE SMART CAR PLATFORM DRIVING COMPETITIVENESS WITH TECHNOLOGICAL EXCELLENCE | for B-C segment vehicles with SUV attitude ility and adaptability to various market demands nced BEVs up to 400km range andi hybrid powertrains ~ COMPETITIVE INDUSTRIALIZATION * Frugally industrialized and built worldwide
Slide 9: Smart Car 2022-2026: Models, Regions, Brands
SMART CAR 2022-2026: 13 MODELS, 3 REGIONS, 3 BRANDS - 2022 + [EEO 022-2 _ uJ > as N 5 < ime hh” ie 5 2 1 mooe, RM TT o2alce Tt #262 (ese FIAT §=3 movers FIAT «4 Move _ WAVE3
Slide 10: Flexibility Powering Our LCV Leadership
TECHNOLOGY FLEXIBILITY POWERING OUR LCV LEADERSHIP FLEXIBLE DESIGN Payload Loading Length/Volume MULTI- ENERGY SOLUTIONS COMPACT-SIZE VAN Up to1 Ton Up to 3.44M 2nd-GEN BEV 350km range ICE Not applicable os TE, SEGMENT MID-SIZE VAN Up to 1.4 Tons Up to 6.6M3 2nd-GEN BEV 345km range ICE Fuel cell hyd
Slide 11: Advanced Technology Across All Powertrains
TECHNOLOGY ICE Focus on lower emissions; Explore new ways to decarbonize HURRICANE I-6 More power, less emissions, 15% more efficient than HEMI? V8 ADVANCED TECHNOLOGY ACROSS ALL POWERTRAINS Hybrid (MHEV, HEV) Bridge to BEV; 10 new launches in 2024-2026 < i Ore NEW eDCT Engine-off torque in city dri
Slide 12: Advanced Battery Technologies for Affordability and Sustainability
TECHNOLOGY ADVANCED BATTERY TECHNOLOGIES FOR AFFORDABILITY AND SUSTAINABILITY CURRENT DUAL CHEMISTRY APPROACH TO SERVE ALL CUSTOMERS KEL-FREE & COBA EE BATTERIES I E p ERIES Energy density between 400-500 Wh/L at cell level Energy density between 600-700 Wh/L at cell level EXPLORING INNOVATIVE BATTE
Slide 13: Monetizable Connected Car Parc
TITECHNOLOGY DriVINGFLEXIBILITY | ~ a MONETIZABLE CONNECTED CAR PARC 13.8M 13M 12M 2021 = 2022 2023 Cloud-based Virtual Engineering eunisel s PALL ENenlts Workbench speeds software development, testing and validation. The world’s first virtual cockpit platform accelerates development cycles up to 10
Slide 14: STLA Brain, SmartCockpit and AutoDrive
TECHNOLOGY Al Deg STLA Brain STLA SmartCockpit STLA AutoDrive Central hub for managing Al-powered personalized and Advancing autonomous driving and continuously upgrading multimodal living space with capabilities to enhance safety software and electronics intuitive interface and convenience TECH STA
Slide 15: Simplification Is Innovation
Slide 16: Prioritizing User Experience, Efficiency and Scalability
PRIORITIZING USER EXPERIENCE, EFFICIENCY AND SCALABILITY Stellantis is leading the way in simplifying engineering processes and vehicle design ELECTRIC DRIVE MODULES (EDMs) ELECTRONIC controLunits 7OO+ (Ecus) IN-CABIN FEATURES SILICON DEVICES 250 270 Integrated drive systems from 3in1to9in41 3 famil
Slide 17: 2. Supply Chain Delivering Against Tomorrow's Requirements
TECH & OPERATIONS WITH A PURPOSE INNOVATION ACROSS ALL CHANNELS 2. SUPPLY CHAIN DELIVERING AGAINST TOMORROW'S REQUIREMENTS
Slide 18: Tech & Operations With a Purpose
STELEANTIS TECH & OPERATIONS WITH. APL ) = INNOVATION 7 ACROSS ALL LL CHANNELS: < ——“< £
Slide 19: New Supply Chain Paradigm
TECHNOLOGY 2| SUPPLY CHAIN NEW SUPPLY CHAIN PARADIGM In 2023, Purchasing & Supply Chain procured €132B global annual purchase value and covered 84% of the company’s total production cost SECURE Critical Supply * Batteries / Raw Materials * Semiconductors * Energy Supply MANAGE Costs and Quality * Pr
Slide 20: Critical Batteries & BEV Raw Materials Secured
“Tecwotocy 2| SUPPLY CHAIN il CRITICAL BATTERIES & BEV RAW MATERIALS SECURED 100% OF BATTERY SUPPLY AND EV RAW MATERIAL NEEDS SECURED THROUGH 2027 100% GWH 100% —, Needs secured EV Raw Materials needs _ ; through 2027 with JVs in secured through 2027-0 ARG=NTIN North America & Europe z UTHIUM 8 ENER
Slide 21: Industry Leading Semiconductor Strategy
TECHNOLOGY 2| SUPPLY CHAIN Set INDUSTRY LEADING SEMICONDUCTOR STRATEGY Stellantis has secured 100% of critical chips for STLA Brain and is proactively managing future semiconductor and technology needs SEMICONDUCTOR INVESTMENTS 5-STEPS OBJECTIVES ACHIEVEMENTS €10B AGREEMENTS COVER: Silicon Carbide M
Slide 22: Leveraging Best-Cost Competitiveness Across Worldwide Supplier Base
TECHNOLOGY LEVERAGING BEST-COST COMPETITIVENESS ACROSS THE WORLDWIDE SUPPLIER BASE GROWING AND DEVELOPING SUPPLIERS IN BEST-COST COUNTRIES PURCHASING PERFORMANCE OFFSETTING INFLATION 2021 - 2023 COST EVOLUTION (EXCLUDING RAW MATERIALS) >10% <1% Inflation Inflation Impacts. Impacts Should Cost Actual
Slide 23: Optimized Delivery, Cost Efficiency
a ———— 7 “TECHNOLOGY 2) SUPPLY CHAIN | STELEANTI OPTIMIZED DELIVERY, COST EFFICIENCY Stellantis is vertically integrating key logistics operations to master end-to-end efficiency and customer satisfaction _ } i ee ">4,000 >50% 25% Cost Savings art 4 2 Cost Savings —@s.2022) ; ‘ H2 ‘24 —H2 23
Slide 24: New Supply Chain Paradigm
TECHNOLOGY 2) SUPPLY CHAIN NEW SUPPLY CHAIN PARADIGM FLEXIBILITY, RESILIENCE, COST-COMPETITIVENESS SECURE Critical Supply * Batteries / Raw Materials * Semiconductors * Energy Supply MANAGE Costs and Quality * Proactive Investment in Key Commodity Areas/Partners * Transform Supplier Panels * Extend
Slide 25: 3. How Manufacturing Maximizes Benefits of Multi-Energy Platforms
TECH & OPERATIONS WITH A PURPOSE INNOVATION ACROSS ALL CHANNELS ABILITY, EARABILITY AND'SIMPLIFIC NSP TO 3. HOW MANUFACTURING MAXIMIZES BENEFITS OF MULTI-ENERGY PLATFORMS
Slide 26: Arnaud Deboeuf, Chief Manufacturing Officer
ARNAUD DEBOEUF = CHIEF MANUFACTURING OFFICER 9s SS *< a
Slide 27: Dare Forward 2030 Clearly Drives Us
TECHNOLOGY STELEANTIS DARE FORWARD 2030 CLEARLY DRIVES US WE ARE EAGER D/\RE WE ARE AGILE TOTRANSFORM = FORWARD TO PERFORM ae 28 #1 in Quality -40% Transformation Cost -40% BEV Cost Electrification Carbon Neutrality in 2038
Slide 28: We Target the Bench and Raise the Bar
TECHNOLOGY WE TARGET THE BENCH AND RAISE THE BAR PROVEN STRATEGIES TRANSFORMATION -11% CONSUMPTION ~23% bea oh -40% 4) As compared to 2021 levels DELIVERING TODAY Overall production effectiveness @ 96% Fixed-costs ratio <30% Energy consumption: On track for -50% Reduction vs. 2021 by 2025 Layout <1m
Slide 29: Using All Technologies
TECHNOLOGY 3 | MANUFACTURING MAXIMIZES BENEFITS USING ALL TECHNOLOGIES UPSTREAM SMART INVESTMENTS / CAPEX REDUCTION Common platforms & components Asset reuse, smart investments Design to cost & DIY (Do It Yourself) Reduced complexity Industry 4.0 and data management PROCESS EFFICIENCY FIXED & VARIAB
Slide 30: We Do It the Stellantis Way
Slide 31: The Stellantis Production Way
TECHNOLOGY | 3 | MANUFACTURING MAXIMIZES BENEFITS Siceewe lamas THE STELLANTIS PRODUCTION WAY ec) ———— UNIQUELY FLEXIBLE Multi-energy platforms Agnostic to brands Maximum load and efficiency GLOBAL & SCALED inka < ‘ S a s WHA, _ SPORTING SPIRIT ni ee im XY 9 1 i sono ¥ as RANKING ‘COST FACTOR PEOPLE
Slide 32: Takeaways
STELEANTIS Sipe ey a NTIS TIS ivesvon ov Sccaererersrcer’ TECH & OPERATIONS WITH A PURPOSE AND INNOVATION ACROSS ALL CHANNELS TAKEAWAYS: 1. Technology driving flexibility, capability and simplification, { with flexibility as a key competitive advantage... . s} a botth e (AA .s ‘ —e* 2. Supply chain
Slide 33: Appendix
APPENDIX
Slide 34: Safe Harbor Statement
STELEANTIS SAFE HARBOR STATEMENT See This document, in particular references to “FY 2024 Company Guidance”, contains forward-looking statements. Statements regarding future financial performance and the Company's expectations as to the achievement of certain targeted metrics, including revenues, ind
Slide 35: Definitions and Notes to Presentation (1 of 2)
DEFINITIONS AND NOTES TO PRESENTATION (1 of 2) For purposes of this presentation, and unless otherwise stated: • LEV: Low emission vehicles, which include battery electric (BEV), plug-in hybrid (PHEV), range-extender electric vehicle (REEV), and fuel cell electric (FCEV) vehicles • EU30: EU 27 (excl
Slide 36: Definitions and Notes to Presentation (2 of 2)
DEFINITIONS AND NOTES TO PRESENTATION (2of 2) • 3rd Engine: Refers to the aggregation of the South America, Middle East & Africa and China and India & Asia Pacific segments for presentation purposes only • NEV: New energy vehicle; includes BEVs, PHEVs and fuel cell vehicles. • CARB: California Air R
Slide 37: Non-GAAP Financial Measures (1 of 2)
NON-GAAP FINANCIAL MEASURES (1 of 2) Stellantis monitors our operations through the use of several non-generally accepted accounting principles (“non-GAAP”) financial measures: Adjusted operating income, Industrial free cash flows and Industrial net financial position. We believe that these non-GAAP
Slide 38: Non-GAAP Financial Measures (2 of 2)
NON-GAAP FINANCIAL MEASURES (2of 2) Unusual operating income/(expense) are impacts from strategic decisions as well as events considered rare or discrete and infrequent in nature, as inclusion of such items is not considered to be indicative of the Company's ongoing operating performance. Unusual op
Slide 39: 2020 Non-GAAP Reconciliations
2020 NON-GAAP RECONCILIATIONS NET REVENUES, NET PROFIT TO AOI, AOI TO AOI INCL. JV’S
Slide 40: 2021 Non-GAAP Reconciliations
2021 NON-GAAP RECONCILIATIONS NET REVENUES, NET PROFIT TO AOI, AOI TO AOI
Slide 41: 2022 Non-GAAP Reconciliations
2022 NON-GAAP RECONCILIATIONS NET REVENUES, NET PROFIT TO AOI, AOI TO AOI INCL. JV’S
Slide 42: 2023 Non-GAAP Reconciliations
2023 NON-GAAP RECONCILIATIONS NET REVENUES, NET PROFIT TO AOI, AOI TO AOI INCL. JV’S
Slide 43: Non-GAAP Reconciliations: Available Liquidity
NON-GAAP RECONCILIATIONS AVAILABLE LIQUIDITY (€ million) 2023 2022 2021 Cash, cash equivalents and financial securities(1) € 49,758 € 49,960 € 51,128 Undrawn committed credit lines 12,621 12,680 12,810 Cash, cash equivalents and financial securities - included with Assets held for sale 231 65 — Tota
Slide 44: Stellantis Investor Day, June 13th, 2024