Slide 1: Third Quarter 2022 Revenues
THIRD QUARTER 2022 REVENUES NOVEMBER 3, 2022
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT This document, in particular references to “FY 2022 Guidance”, contains forward- with advanced features including enhanced electrification, connectivity and looking statements. In particular, statements regarding future financial autonomous driving characteristics; various type
Slide 3: Basis of Presentation
BASIS OF PRESENTATION • Completed merger of Peugeot S.A. (PSA) with and into Fiat Chrysler Automobiles N.V. (FCA) on Jan 16 ’21 (Merger) • On Jan 17 ’21, combined company was renamed Stellantis N.V. (Stellantis or Company) • PSA was determined to be the acquirer for accounting purposes, therefore, h
Slide 4: Continued Strong Net Pricing; Global BEV Sales Up 41%
CONTINUED STRONG NET PRICING; GLOBAL BEV SALES UP 41% Q3 2022 Net Revenues of €42.1B, Highest U.S. ATP across portfolio vs. South America Market Leader, with up 29% vs. Q3 2021, driven by higher competitors(1) at $53k/unit for Q3; 22.6% share in Q3, down 150 bps y-o-y; volumes, continued strong net
Slide 5: Jeep Avenger – First-Ever 100% Electric Jeep
JEEP AVENGER – FIRST-EVER 100% ELECTRIC JEEP Concentrated Freedom Best-in-Class Capability 100% Digital & Connected Infotainment Entry White-space Product “The Avenger will change the image of Jeep in Europe” Size Compact B-SUV, 4.08m Length -- La Libre E-Powertrain 400-volt, 156HP FWD “…the all-ele
Slide 6: Revenues Up 29%
REVENUES UP 29% RESULTS FROM CONTINUING OPERATIONS • Consolidated Shipments up 13% Q3 2022 Q3 2021 vs. Q3 2021, primarily due to improvement in semiconductor order fulfilment vs. Q3 2021 Combined Shipments (1) (000 units) 1,334 1,176 + 13% • Net Revenues up 29% vs. Q3 2021, mainly due to increased v
Slide 7: Net Revenues
HIGHER VOLUMES WITH FAVORABLE NET PRICING, VEHICLE MIX AND FX TRANSLATION NET REVENUES € billion + 29% 3.4 42.1 2.5 0.6 3.0 32.6 (0.0) Volume & Vehicle Net Price Vehicle FX Q3 2021 Other Q3 2022 Market Mix & Content Line Mix Translation Figures may not add due to rounding November 3, 2022 Q3 2022 RE
Slide 8: Revenues Growth Exceeds Volume Increase in All Segments
REVENUES GROWTH EXCEEDS VOLUME INCREASE IN ALL SEGMENTS 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 21.1 538 441 15.5 470 394 1
Slide 9: Revenues Growth Exceeds Volume Increase in All Segments
REVENUES GROWTH EXCEEDS VOLUME INCREASE IN ALL SEGMENTS 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 4.0 213 2.5 185 48 48 1.
Slide 10: New Vehicle Inventory
LOGISTICS CHALLENGES IMPACTING DELIVERY OF VEHICLES TO DEALERS NEW VEHICLE INVENTORY • Dealer inventories declined from Dec 31 ‘21 in Enlarged Europe, Middle East & Africa and South America, while up in North America and China and India & Asia Pacific 000 units o North America dealer inventory up 18
Slide 11: 2022 Industry Outlook and Guidance
2022 INDUSTRY OUTLOOK AND GUIDANCE FY 2022 GUIDANCE – CONFIRMED NORTH AMERICA ENLARGED EUROPE MIDDLE EAST & AFRICA Adjusted Operating Income Margin * Double-Digit - 8% - 12% Stable Industrial Free Cash Flows * Positive Outlook for region Outlook for region Outlook for region unchanged unchanged unch
Slide 12: Appendix
APPENDIX November 3, 2022 Q3 2022 REVENUES | 12
Slide 13: Definitions and Notes to Presentation
DEFINITIONS AND NOTES TO PRESENTATION For purposes of this presentation, and unless otherwise stated: • LEV = Low emission vehicles, which include battery electric (BEV), plug-in hybrid (PHEV) and fuel cell electric (FCEV) vehicles • EU30 = EU 27 (excluding Malta), Iceland, Norway, Switzerland and U
Slide 14: 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 15: Q3 Key Commercial Metrics
Q3 KEY COMMERCIAL METRICS COMBINED SALES 000 units Q3 2022 1,405 1,458 Q3 2021 591 639 445 462 91 86 223 212 27 25 22 29 6.3 5.8 NORTH ENLARGED MIDDLE EAST SOUTH INDIA & TOTAL CHINA AMERICA EUROPE & AFRICA AMERICA ASIA PACIFIC MARKET SHARE (1) 10.8% 11.0% 17.9% 17.5% 11.1% 10.1% 22.6% 24.1% 0.8% 0.9
Slide 16: YTD Key Commercial Metrics
YTD KEY COMMERCIAL METRICS 5,053 COMBINED SALES 000 units 4,424 2,417 1,968 YTD 2022 1,381 1,539 YTD 2021 618 624 292 295 79 81 69 80 16.5 17.1 NORTH ENLARGED MIDDLE EAST SOUTH INDIA & TOTAL CHINA AMERICA EUROPE & AFRICA AMERICA ASIA PACIFIC MARKET SHARE (1) 11.1% 10.9% 19.1% 19.5% 11.7% 11.2% 23.1%
Slide 17: YTD Shipments and Net Revenues
YTD SHIPMENTS AND NET REVENUES RESULTS FROM CONTINUING OPERATIONS YTD 2022 vs. YTD 2021 YTD 2021 YTD 2022 YTD 2021 (1) Pro Forma (1) Pro Forma Combined Shipments (2) (000 units) 4,367 4,356 4,450 - 2% Consolidated Shipments (2) (000 units) 4,215 4,210 4,302 - 2% Net Revenues (€ billion) 130.1 105.2
Slide 18: YTD Net Revenues
YTD NET REVENUES NET REVENUES € billion + 21% 8.0 1.2 130.1 8.8 3.4 107.9 0.9 YTD 2021 Volume & Vehicle Net Price Vehicle FX Other YTD 2022 Pro Forma (1) Market Mix & Content Line Mix Translation (1) Refer to Basis of Presentation for additional information regarding amounts presented for YTD 2021 P
Slide 19: 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 63.5 2,134 1,900 48.0 44.8 43.7 1,400 1,2
Slide 20: Reconciliation of Net Revenues from External Customers to Net Revenues
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 21: Reconciliation of Net Revenues from External Customers to Net Revenues
RECONCILIATION OF NET REVENUES FROM EXTERNAL CUSTOMERS TO NET REVENUES Q3 2021 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 15,532 11,600
Slide 22: Reconciliation of Net Revenues from External Customers to Net Revenues
RECONCILIATION OF NET REVENUES FROM EXTERNAL CUSTOMERS TO NET REVENUES YTD 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 63,512 44,74
Slide 23: Reconciliation of Net Revenues from External Customers to Pro Forma Net Revenues
RECONCILIATION OF NET REVENUES FROM EXTERNAL CUSTOMERS TO PRO FORMA NET REVENUES YTD 2021 Pro Forma 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 Cu
Slide 24: STELEANTIS
STELEANTIS