Slide 1: Q3 2023 Shipments and Revenues
Q3 2023 SHIPMENTS AND REVENUES All-new Alfa Romeo 33 Stradale
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT This document, in particular references to “FY 2023 Guidance”, contains forward and political conditions; changes in trade policy, the imposition of global and regional looking statements. In particular, statements regarding future financial performance tariffs or tariffs targe
Slide 3: Growing Revenues While Building for a Bright Future
GROWING REVENUES WHILE BUILDING FOR A BRIGHT FUTURE All-new Peugeot E-3008 1st application of STLA Medium platform Delivers Strong Net Revenues on Focused on Addressing Critical Paving the Path for a Robust Shipment Growth Near-Term Industry Challenges Successful Journey
Slide 4: Agenda
AGENDA Highlights .…………….…….. Page 5 Stellantis Pro One..………. Page 6 Leapmotor Partnership.. Page 7 Q3 Performance….………... Page 8 Inventory Update…………. Page 12 Guidance and Outlook … Page 13 2024 Grand Cherokee 4xe
Slide 5: Continued Momentum in Building Our Future
CONTINUED MOMENTUM IN BUILDING OUR FUTURE Shipments of 1.4M units, up 11% vs. Q3 Net Revenues of €45.1B, up 7% vs. Q3 DELIVERING 2022, due to improvements in Enlarged 2022, due to higher shipments, partially STRONG TOP- Europe, Middle East & Africa, North offset by foreign exchange impacts LINE RESU
Slide 6: Pro One: Commercial Vehicle Value Creation Opportunity
PRO ONE: COMMERCIAL VEHICLE VALUE CREATION OPPORTUNITY POWERFUL BUSINESS ACCELERATED AMBITION AFFIRMED 2030 OBJECTIVES ~33% 12 2x of Stellantis Total Net Revenues renewed connected vans launched Oct 2023 Net Revenues vs. 2021 #1 #1 #2 #3 4 €5B EU30 SA MEA NA RAM EVs to be launched in the next 2 year
Slide 7: Innovative Partnership Evolves and Enhances China Strategy
INNOVATIVE PARTNERSHIP EVOLVES AND ENHANCES CHINA STRATEGY STRATEGIC PARNERSHIP VALUE CREATION LONG-TERM AMBITIONS >1M annual units in China by Stellantis invests € 1.5B to acquire Expanded distribution strengthened by Leapmotor, capitalizing on position as ~20% equity stake in Leapmotor Stellantis’
Slide 8: Revenues Up 7% Due to Shipment Growth and Pricing Discipline
REVENUES UP 7% DUE TO SHIPMENT GROWTH AND CONTINUED PRICING DISCIPLINE RESULTS FROM CONTINUING OPERATIONS • Consolidated Shipments up 11% vs. Q3 2022, with majority of segments Q3 2023 Q3 2022 % Change YTD 2023 YTD 2022 % Change reporting y-o-y improvement Combined Shipments (1) 1,478 1,334 + 11% 4,
Slide 9: Net Revenues
REVENUE GROWTH PRIMARILY DRIVEN BY SHIPMENTS, PRICING REMAINS STABLE NET REVENUES € billion + 7% Volume & FX Q3 2022 Vehicle Net Price Other Q3 2023 Mix Translation Figures may not add due to rounding October 31, 2023 Q3 2023 Revenues | 9
Slide 10: Net Revenue Growth in Regions Driven by Strong Shipments
NET REVENUE GROWTH IN REGIONS DRIVEN BY STRONG SHIPMENTS NORTH AMERICA ENLARGED EUROPE MIDDLE EAST & AFRICA SHIPMENTS NET REVENUES SHIPMENTS NET REVENUES COMBINED SHIPMENTS NET REVENUES (000 units) (€ billion) (000 units) (€ billion) (000 units) (€ billion) JV Consolidated 21.5 21.1 599 139 538 34 3
Slide 11: South America Grows as China-IAP and Maserati Decrease
SOUTH AMERICA GROWS AS CHINA-IAP AND MASERATI DECREASE ON LOWER SHIPMENTS SOUTH AMERICA CHINA AND INDIA & ASIA PACIFIC MASERATI SHIPMENTS NET REVENUES COMBINED SHIPMENTS NET REVENUES SHIPMENTS NET REVENUES (000 units) (€ billion) (000 units) (€ billion) (000 units) (€ billion) JV Consolidated 227 4.
Slide 12: New Vehicle Inventory Levels Continue to Normalize
NEW VEHICLE INVENTORY LEVELS CONTINUE TO NORMALIZE Company 12-Month Comparisons 3-Month Comparisons 000 units Independent dealers 000 units 1,736 1,387 410 1,387 1,374 1,302 1,195 388 388 320 1,074 926 272 384 926 230 275 689 1,326 275 999 148 923 999 1,054 918 844 651 541 651 Sep 30 '23 Sep 30 '22
Slide 13: 2023 Industry Outlook Updated, Guidance Confirmed
2023 INDUSTRY OUTLOOK UPDATED, GUIDANCE CONFIRMED FY 2023 INDUSTRY OUTLOOK – BUILDING MOMENTUM KEY OBJECTIVES THROUGH YEAR-END Ratify labor contracts and resume full production NORTH AMERICA ENLARGED EUROPE CHINA + 8% + 10% + 2% Continue strong EU30 BEV sales/share momentum Raised from +5% Raised fr
Slide 14: Growing Revenues While Building for a Bright Future
GROWING REVENUES WHILE BUILDING FOR A BRIGHT FUTURE Delivers Strong Net Revenues Focused on Addressing Critical Paving the Path on Robust Shipment Growth Near-Term Industry Challenges Toward a Successful Journey Highlight Upcoming Events FY 2023 Results Investor Day 2024 February 15th – Virtual June
Slide 15: Appendix
APPENDIX October 31, 2023 Q3 2023 Revenues | 15
Slide 16: Definitions and Notes to Presentation
DEFINITIONS AND NOTES TO PRESENTATION For purposes of this presentation, and unless otherwise stated: • EU30 = EU 27 (excluding Malta), Iceland, Norway, Switzerland and UK • Rankings, market share and other industry information are for passenger cars (PC) plus light commercial vehicles (LCV) and for
Slide 17: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES 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 operating res
Slide 18: Q3 Key Commercial Metrics
Q3 KEY COMMERCIAL METRICS COMBINED SALES 000 units 1,515 1,405 651 Q3 2023 591 445 445 Q3 2022 236 223 144 91 20 27 14 22 5.9 6.3 NORTH ENLARGED MIDDLE EAST SOUTH INDIA & TOTAL CHINA AMERICA EUROPE & AFRICA AMERICA ASIA PACIFIC MARKET SHARE (1) 9.1% 10.8% 16.7% 17.9% 14.0% 11.1% 23.9% 22.6% 0.5% 0.8
Slide 19: YTD Key Commercial Metrics
YTD KEY COMMERCIAL METRICS 4,694 4,424 COMBINED SALES 000 units 2,093 1,967 YTD 2023 1,383 1,381 YTD 2022 646 618 437 293 68 78 46 69 20.4 16.5 NORTH ENLARGED MIDDLE EAST SOUTH INDIA & TOTAL CHINA AMERICA EUROPE & AFRICA AMERICA ASIA PACIFIC MARKET SHARE (1) 9.7% 11.1% 17.4% 19.1% 14.7% 11.6% 23.8%
Slide 20: YTD Net Revenues
YTD NET REVENUES NET REVENUES € billion + 10% 6.6 0.9 9.6 143.5 130.1 (3.7) Volume & FX YTD 2022 Vehicle Net Price Other YTD 2023 Mix Translation Figures may not add due to rounding October 31, 2023 Q3 2023 Revenues | 20
Slide 21: YTD Shipments and Net Revenues by Segment
YTD SHIPMENTS AND NET REVENUES BY SEGMENT NORTH AMERICA ENLARGED EUROPE MIDDLE EAST & AFRICA SHIPMENTS NET REVENUES SHIPMENTS NET REVENUES COMBINED SHIPMENTS NET REVENUES (000 units) (€ billion) (000 units) (€ billion) (000 units) (€ billion) JV Consolidated 67.4 63.5 2,077 1,900 440 1,493 49.0 44.8
Slide 22: Reconciliation of Net Revenues: Q3 2023
RECONCILIATION OF NET REVENUES FROM EXTERNAL CUSTOMERS TO NET REVENUES Q3 2023 RESULTS FROM CONTINUING OPERATIONS China and North Enlarged Middle East South India & € million America Europe & Africa America Asia Pacific Maserati Other(1) Stellantis Net Revenues from External Customers 21,522 14,077
Slide 23: Reconciliation of Net Revenues: Q3 2022
RECONCILIATION OF NET REVENUES FROM EXTERNAL CUSTOMERS TO NET REVENUES Q3 2022 RESULTS FROM CONTINUING OPERATIONS China and North Enlarged Middle East South India & € million America Europe & Africa America Asia Pacific Maserati Other(1) Stellantis Net Revenues from External Customers 21,070 13,467
Slide 24: Reconciliation of Net Revenues: YTD 2023
RECONCILIATION OF NET REVENUES FROM EXTERNAL CUSTOMERS TO NET REVENUES YTD 2023 RESULTS FROM CONTINUING OPERATIONS China and North Enlarged Middle East South India & € million America Europe & Africa America Asia Pacific Maserati Other(1) Stellantis Net Revenues from External Customers 67,438 48,888
Slide 25: Reconciliation of Net Revenues: YTD 2022
RECONCILIATION OF NET REVENUES FROM EXTERNAL CUSTOMERS TO NET REVENUES YTD 2022 RESULTS FROM CONTINUING OPERATIONS Middle China and North Enlarged East & South India & € million America Europe Africa America Asia Pacific Maserati Other(1) Stellantis Net Revenues from External Customers 63,512 44,742
Slide 26: Stellantis
STELEANTIS