Slide 1: Q2 2026 Results
Q2 2026 RESULTS Ram 1500 TRX SRT®
Slide 2: Agenda
AGENDA CEO Update................................................ Page 4 Financial Review....................................... Page 10 2026 Guidance........................................... Page 17 FaSTLAne 2030......................................... Page 18 Appendix...........................
Slide 3: Safe Harbor Statement
SAFE HARBOR STATEMENT This document, in particular references to “FY 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, i
Slide 4: CEO Update
Ram 1500 Rumble Bee CEO UPDATE 4
Slide 5: Q2 2026 Executive Summary
CEO UPDATE Q2 2026 EXECUTIVE SUMMARY Key Financial Metrics Reaffirming 2026 Guidance FaSTLAne 2030 • Net Revenues of €43.5B, up 13% y-o-y • Net Revenues expected to improve by mid-single • Long-term strategic plan introduced at May 21 • AOI of €0.8B, with 1.8% margin, +120 bps y-o-y digits Investor
Slide 6: 2026 Product Launches Progressing on Plan
CEO UPDATE 2026 PRODUCT LAUNCHES PROGRESSING ON PLAN H1 '26 ALL-NEW H 1 ' 2 6 RE FRE SH E D COMING SOON Ram 1500 TRX SRT® Opel/Vauxhall Astra Chrysler Pacifica Jeep® Grand Wagoneer REV Jeep® Recon BEV Ram ProMaster City DS №7 Jeep® Avenger Peugeot 408 Peugeot E-208 GTi Fiat Grizzly Fiat Fastback Fia
Slide 7: North America Update - Q2 2026
CEO UPDATE NORTH AMERICA UPDATE - Q2 2026 Jeep® Grand Wagoneer Q2 Highlights Key Growth Levers • Delivered 6% sales growth y-o-y, marking 4th consecutive quarter • Ram 1500 TRX SRT® now shipping, strengthening mix and of y-o-y sales gains profitability, just one year after SRT performance division r
Slide 8: Enlarged Europe Update - Q2 2026
CEO UPDATE ENLARGED EUROPE UPDATE - Q2 2026 DS N°7 Q2 Highlights Key Growth Levers • EU30 sales increased 3% (+7% incl. LPM) y-o-y, primarily driven by • Smart Car portfolio expansion continues with Fiat Grande Panda, Smart Car momentum Citroën C3/C3 Aircross, and Fiat Grizzly and Fastback • EU30 PC
Slide 9: Other Regional Updates - Q2 2026
CEO UPDATE OTHER REGIONAL UPDATES - Q2 2026 Ram Dakota Opel Frontera Citroën C3X SOUTH MIDDLE EAST ASIA AMERICA & AFRICA PACIFIC • Sales declined 2% (-1% incl. LPM) y-o-y, • Market share increased to 12.2%, up 20 • June deliveries reached a 6-month high reflecting a resilient performance in a bps y-
Slide 10: Financial Review
Jeep® Wrangler FINANCIAL REVIEW 10
Slide 11: Q2 2026 Financial Performance Overview
FINANCIAL REVIEW Q2 2026 FINANCIAL PERFORMANCE OVERVIEW SHIPMENTS NET AOI* AOI ADJUSTED INDUSTRIAL (CONSOLIDATED) REVENUES MARGIN* DILUTED EPS* FCF* 1.6M €43.5B €0.8B 1.8% €0.12 €1.0B +10% +13% +263% +120 bps (20)% +€1.0B ON TRACK TO DELIVER FULL YEAR GUIDANCE * Refer to Appendix for definitions of
Slide 12: Q2 2026 Adjusted Operating Income
FINANCIAL REVIEW Q2 2026 ADJUSTED OPERATING INCOME* Q2 '26 VS Q2 '25 VOLUME & MIX VEHICLE NET PRICE INDUSTRIAL COSTS Higher volumes in NA and EE, partially Unfavorable pricing largely driven by Improved operational efficiencies, non-repeat offset by lower volumes in MEA and SA, continued pricing pre
Slide 13: Industrial AOI to IFCF Walk
FINANCIAL REVIEW INDUSTRIAL AOI* TO IFCF WALK Q2 '26 VS Q2 '25 INDUSTRIAL FREE CASH FLOWS CAPITAL EXPENDITURES WORKING CAPITAL Improvement of €1.0B y-o-y, driven by stronger AOI, Reduction of €0.8B y-o-y, reflecting timing Improvement of €0.5B y-o-y, largely driven normal seasonal working capital dy
Slide 14: Inventory Update
FINANCIAL REVIEW INVENTORY UPDATE • Total inventory* increased 20% y-o-y and 13% vs. Dec '25 Company Independent dealers • Company inventory increased 19% y-o-y and 23% vs. Dec '25, of which the vast majority of (000 units) increase was driven by EE, with higher in-transit 1,278* LPM vehicles and in
Slide 15: Q2 2026 Regional Performance
FINANCIAL REVIEW Q2 2026 REGIONAL PERFORMANCE NORTH AMERICA ENLARGED EUROPE Shipments 445K +38% Shipments 762K +5% Net Revenues €18,193M +32% Net Revenues €16,426M +0.2% AOI €284M n.m. AOI €(94)M +74% AOI Margin 1.6% +480 bps AOI Margin (0.6)% +160 bps STLA Market Share 7.4% +40 bps EU30 Market Shar
Slide 16: Key Group Metrics
FINANCIAL REVIEW KEY GROUP METRICS € million Q2 2026 Q2 2025 Δ% YTD 2026 YTD 2025 Δ% Combined Shipments(1) (000 units) 1,603 1,457 +10% 2,968 2,690 +10% Consolidated Shipments(1) (000 units) 1,597 1,447 +10% 2,958 2,664 +11% Net Revenues 43,482 38,448 +13% 81,614 74,261 +10% Operating Income/(Loss)
Slide 17: 2026 Financial Guidance Reaffirmed
FINANCIAL REVIEW 2026 FINANCIAL GUIDANCE REAFFIRMED Net Revenues: • Reflect expanded product portfolio and expected volume recovery AOI Considerations: Net Revenues Mid-Single Digit % Increase • Continued focus on mitigating geopolitical, trade, inflationary, and commodity cost pressures • Net tarif
Slide 18: Investor Day 2026: Overview FaSTLAne 2030
INV ESTOR DAY 2026: OVERVIEW CEO UPDATE FASTLANE 2030 6 PILLARS OF FASTLANE 2030 1 2 3 4 5 Sharper portfolio Capital allocation & Strong Optimized Disciplined management new technologies partnerships footprint execution 6 Empowered regions KEY FINANCIAL TARGETS Net Revenues AOI Margin % IFCF 2028 20
Slide 19: Appendix
APPENDIX Citroën Ami Rip Curl Limited Edition 19
Slide 20: Definitions and Notes
DEFINITIONS AND NOTES For purposes of this presentation, and unless otherwise stated: NA = North America, U.S. = United States, EE = Enlarged Europe, SA = South America, MEA = Middle East & Africa and APAC = Asia Pacific EU30 = EU 27 (excluding Malta), Iceland, Norway, Switzerland and UK Regions = r
Slide 21: 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 22: Non-GAAP Financial Measures (2 of 2)
NON-GAAP FINANCIAL MEASURES (2 OF 2) • Consolidated Shipments includes the vehicles produced by our joint ventures and associates (including Leapmotor) which are distributed by our consolidated subsidiaries. In addition to the volumes included in Consolidated shipments, Combined shipments also inclu
Slide 23: Q2 2026 Key Commercial Metrics
Q2 2026 KEY COMMERCIAL METRICS 000 units STLA Combined Sales STLA Market Share STLA + LPM Combined Sales* STLA + LPM Market Share* Q2 '26 Q2 '25 Δ% Q2 '26 Q2 '25 Δ Q2 '26 Q2 '25 Δ% Q2 '26 Q2 '25 Δ North America 385 364 +6% 7.4% 7.0% +40 bps 385 364 +6% 7.4% 7.0% +40 bps Enlarged Europe 681 665 +3% 1
Slide 24: June YTD 2026 Key Commercial Metrics
JUNE YTD 2026 KEY COMMERCIAL METRICS 000 units STLA Combined Sales STLA Market Share STLA + LPM Combined Sales* STLA + LPM Market Share* H1 '26 H1 '25 Δ% H1 '26 H1 '25 Δ H1 '26 H1 '25 Δ% H1 '26 H1 '25 Δ North America 746 705 +6% 7.6% 7.1% +50 bps 747 705 +6% 7.6% 7.1% +50 bps Enlarged Europe 1,387 1
Slide 25: Q2 2026 Regional Results
Q2 2026 REGIONAL RESULTS NORTH AMERICA ENLARGED EUROPE (000 units) (€ billion) (000 units) (€ billion) Shipments Net Revenues Shipments Net Revenues 445 18.2 762 723 16.4 16.4 323 13.8 Q2 '26 Q2 '25 Q2 '26 Q2 '25 Q2 '26 Q2 '25 Q2 '26 Q2 '25 € million Adjusted Operating Income € million Adjusted Oper
Slide 26: Q2 2026 Regional Results
Q2 2026 REGIONAL RESULTS MIDDLE EAST & AFRICA SOUTH AMERICA ASIA PACIFIC (000 units) (€ billion) (000 units) (€ billion) (000 units) (€ million) Shipments Net Revenues Shipments Net Revenues Shipments Net Revenues Consolidated JV 4.3 4.1 16 16 2.6 2.7 253 260 128 135 499 524 7 10 121 125 Q2 '26 Q2 '
Slide 27: June YTD 2026 Regional Results
JUNE YTD 2026 REGIONAL RESULTS NORTH AMERICA ENLARGED EUROPE (000 units) (€ billion) (000 units) (€ billion) Shipments Net Revenues Shipments Net Revenues 824 648 34.3 1,399 1,291 30.8 28.3 30.6 YTD '26 YTD '25 YTD '26 YTD '25 YTD '26 YTD '25 YTD '26 YTD '25 € million Adjusted Operating Income € mil
Slide 28: June YTD 2026 Regional Results
JUNE YTD 2026 REGIONAL RESULTS MIDDLE EAST & AFRICA SOUTH AMERICA ASIA PACIFIC (000 units) (€ billion) (000 units) (€ billion) (000 units) (€ billion) Shipments Net Revenues Shipments Net Revenues Shipments Net Revenues Consolidated JV 472 471 8.0 7.8 31 29 5.0 5.0 0.9 1.0 243 251 11 26 232 225 YTD
Slide 29: Reconciliation of Net Profit to Adjusted Operating Income - Q2 '26
RECONCILIATION OF NET PROFIT TO ADJUSTED OPERATING INCOME - Q2 '26 North America Enlarged Europe Middle East & Africa South America Asia Pacific Other* Stellantis € million Net revenues from external customers 18,193 16,423 2,566 4,294 499 1,507 43,482 Net revenues from transactions with other segme
Slide 30: Reconciliation of Net Profit to Adjusted Operating Income - June YTD '26
RECONCILIATION OF NET PROFIT TO ADJUSTED OPERATING INCOME - JUNE YTD '26 North America Enlarged Europe Middle East & Africa South America Asia Pacific Other* Stellantis € million Net revenues from external customers 34,307 30,797 4,953 7,877 934 2,746 81,614 Net revenues from transactions with other
Slide 31: Reconciliation of Net Profit to Adjusted Operating Income - Q2 '25
RECONCILIATION OF NET PROFIT TO ADJUSTED OPERATING INCOME - Q2 '25 North America Enlarged Europe Middle East & Africa South America Asia Pacific Other* Stellantis € million Net revenues from external customers 13,834 16,387 2,674 4,030 521 1,002 38,448 Net revenues from transactions with other segme
Slide 32: Reconciliation of Net Profit to Adjusted Operating Income - June YTD '25
RECONCILIATION OF NET PROFIT TO ADJUSTED OPERATING INCOME - JUNE YTD '25 North America Enlarged Europe Middle East & Africa South America Asia Pacific Other* Stellantis € million Net revenues from external customers 28,303 30,555 4,956 7,698 1,006 1,743 74,261 Net revenues from transactions with oth
Slide 33: Reconciliation of Diluted EPS to Adjusted Diluted EPS
RECONCILIATION OF DILUTED EPS TO ADJUSTED DILUTED EPS JUNE JUNE € million, unless otherwise stated Q2 '26 Q2 '25 YTD '26 YTD '25 Net profit/(loss) attributable to owners of the parent 266 (1,869) 656 (2,240) Coupon and tax impacts on Hybrid perpetual notes(1) (72) - (64) - Weighted average number of
Slide 34: Reconciliation of Cash Flows from Operating Activities to Industrial Free Cash Flows
RECONCILIATION OF CASH FLOWS FROM OPERATING ACTIVITIES TO INDUSTRIAL FREE CASH FLOWS JUNE JUNE € million Q2 '26 Q2 '25 YTD '26 YTD '25 Cash Flows from Operating Activities (169) 559 (2,887) (2,287) Less: Financial Services, Net of Inter-Segment Eliminations (2,951) (2,056) (5,444) (4,397) Less: Capi
Slide 35: Reconciliation of Debt to Industrial Net Financial Position
RECONCILIATION OF DEBT TO INDUSTRIAL NET FINANCIAL POSITION € million At June 30, 2026 At Dec 31, 2025 Debt with third parties (excluding held for sale) (52,062) (45,947) Current Financial Receivables from Jointly-Controlled Financial Services Companies 993 603 Derivative Financial Assets/(Liabiliti
Slide 36: Debt Maturity Schedule - Industrial Activities
DEBT MATURITY SCHEDULE - INDUSTRIAL ACTIVITIES Outstanding June 30 2026 2026 2027 2028 2029 2030 Beyond (€ billion) 19.8 Capital Markets Debt - 2.2 2.7 1.9 2.7 10.5 0.6 Bank Debt 0.3 0.1 0.0 0.0 0.0 0.1 0.3 Other Debt 0.1 0.0 0.0 0.0 0.0 - 2.6 Lease Liabilities 0.6 0.5 0.3 0.2 0.2 0.9 23.3 Total Ind
Slide 37: Available Liquidity
AVAILABLE LIQUIDITY Outstanding June 30 2026 (€ billion) Group Industrial Activities Financial Services Cash, Cash Equivalents and Financial Securities 34.6 31.8 2.8 Undrawn Committed Credit Lines 13.8 12.3 1.5 Total Available Liquidity 48.4 44.1 4.3 Figures may not add due to rounding 37
Slide 38: Research and Development Costs and Expenditures
RESEARCH AND DEVELOPMENT COSTS AND EXPENDITURES € million JUNE YTD JUNE YTD Q2 2026 Q2 2025 2026 2025 Research and Development Expenditures Expensed 807 678 1,669 1,411 Amortization of Capitalized Development Expenditures 462 513 923 1,088 Impairment and Write-off of Capitalized Development Expendit
Slide 39: Appendix
APPENDIX Citroën Ami Rip Curl Limited Edition 39
Slide 40: STELEANTIS ——
STELEANTIS ——