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Q 3 2 0 2 6 R E S U L T S Jeep® Wrangler Switchback
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A G E N D A CEO Update................................................ Financial Review....................................... 2026 Guidance........................................... Maserati Day......................................... Appendix..................................................... Page 4 Page 10 Page 16 Page 18 Page 19 2 Ram 1500 Rumble Bee Opel/Vauxhall Astra
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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, industrial free cash flows, vehicle shipments, capital investments, research and development costs and other expenses at any future date or for any future period are forward-looking statements. These statements may include terms such as “may”, “will”, “expect”, “could”, “should”, “intend”, “estimate”, “anticipate”, “believe”, “remain”, “on track”, “design”, “target”, “objective”, “goal”, “forecast”, “projection”, “outlook”, “prospects”, “plan”, or similar terms. Forward-looking statements are not guarantees of future performance. Rather, they are based on the Company’s current state of knowledge, future expectations and projections about future events and are by their nature, subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them. Actual results may differ materially from those expressed in forward-looking statements as a result of a variety of factors, including: the Company’s ability to maintain vehicle shipment volumes; changes in the global financial markets, general economic environment and changes in demand for automotive products, which is subject to cyclicality; changes in trade policy, the imposition of global and regional tariffs targeted to the automotive industry; the Company’s ability to accurately predict the market demand for electrified vehicles; the Company’s ability to offer innovative, attractive products; a significant malfunction, disruption or security breach compromising information technology systems or the electronic control systems contained in the Company’s vehicles; the Company's ability to attract and retain experienced management and employees; exchange rate fluctuations, interest rate changes, credit risk and other market risks; increases in costs, disruptions of supply or shortages of raw materials, parts, components and systems used in the Company’s vehicles; changes in local economic and political conditions; the enactment of tax reforms or other changes in tax laws and regulations; the level of governmental economic incentives available to support the adoption of battery electric vehicles; the impact of increasingly stringent regulations regarding fuel efficiency and greenhouse gas and tailpipe emissions; various types of claims, lawsuits, governmental investigations and other contingencies, including product liability and warranty claims and environmental claims, investigations and lawsuits; material operating expenditures in relation to compliance with environmental, health and safety regulations; the level of competition in the automotive industry, which may increase due to consolidation and new entrants; exposure to shortfalls in the funding of the Company’s defined benefit pension plans; the Company’s ability to provide or arrange for access to adequate financing for dealers and retail customers; risks related to the operations of financial services companies; the Company’s ability to access funding to execute its business plan; the Company’s ability to realize anticipated benefits from joint venture arrangements; disruptions arising from political, social and economic instability; risks associated with the Company’s relationships with employees, dealers and suppliers; the Company’s ability to maintain effective internal controls over financial reporting; developments in labor and industrial relations and developments in applicable labor laws; earthquakes or other disasters; and other risks and uncertainties. Any forward-looking statements contained in this document speak only as of the date of this document and the Company disclaims any obligation to update or revise publicly forward looking statements. Further information concerning the Company and its businesses, including factors that could materially affect the Company’s financial results, is included in the Company’s reports and filings with the U.S. Securities and Exchange Commission and AFM. S A F E H A R B O R S T A T E M E N T 3
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4 Ram TRX SRT C E O U P D A T E Peugeot E-208 GTI
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Reaffirming 2026 Guidance • Net Revenues expected to improve by mid-single digits • AOI margin % expected in low-single digit range • IFCF expected to improve y-o-y and positive in '27 Executing Structured Recovery • Overall Production Efficiency y-o-y improvement continues with +10.1 ppts in NA and +1.1 ppts in EE • Focus on quality, driving 3MIS(1) improvement of 43% in NA and 13% in EE • VCP savings expected to continue accelerating, realizing mid-hundreds of millions of euros in Q4 '26, approx. double the amount realized in Q3 '26 North America • AOI improvement of €0.5B y-o-y, driven by strong cost savings, including VCP and positive pricing dynamics, despite planned shutdowns driving lower shipments • Shipments were down 12%, with Jeep down 60k units, partially offset by Ram up 17k units y-o-y Expanding Market Coverage • Product launches on track, with 2 all-new vehicles launched in Q3 '26 • 7 additional new and refreshed vehicles coming soon • Upcoming launches consist of a range of powertrains: BEV, REEV, Hybrid and ICE Key Financial Metrics • Net Revenues of €37.6B, up 1% y-o-y • AOI of €0.3B, with 0.7% margin, +50 bps y-o-y • IFCF of €(4.0)B, improved by €0.3B y-o-y 5 Refer to Appendix for definitions of supplemental financial measures and reconciliations to applicable IFRS metrics Enlarged Europe • Enlarged Europe delivered improved shipments, up 10% y-o-y, supported by BEV growth, continued Smart Car momentum, and expanding LPM volume • Pricing environment continues to be challenging, outpacing region's strong cost savings, including VCP (1) Represents data for production between March 2025 and March 2026 C E O U P D A T E Q 3 2 0 2 6 E X E C U T I V E S U M M A R Y
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2 0 2 6 P R O D U C T L A U N C H M O M E N T U M C O N T I N U E S 6 Lancia GammaFiat Grizzly Jeep® Grand Wagoneer REV Ram ProMaster City Pro One Smart VanRam 1500 Rumble Bee Chrysler Pacifica Opel/Vauxhall Astra Jeep® Avenger Peugeot 408 Maserati Grecale Maserati GT/GC Fiat Grizzly Fastback
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N O R T H A M E R I C A U P D A T E - Q 3 2 0 2 6 Key Growth Levers • Ram Rumble Bee 5.7L HEMI® V8 arrives in dealerships in Q4 '26 • Jeep expands portfolio with launch of the Recon BEV, the only fully electric vehicle to earn the Trail Rated® designation, and Grand Wagoneer REV, the first to offer range-extended hybrid technology • Enhancing customer choice with Ram ProMaster City, the only midsize commercial van available in the U.S. 7 Refer to Appendix for definitions and notes to the presentation Ram 1500 RHO C E O U P D A T E Q3 Highlights • Delivered 1% sales growth y-o-y, with Ram being the fastest growing brand in NA for both Q3 '26 and YTD, based on y-o-y industry share gains • Market share of 7.5%, up 10 bps y-o-y, driven by Ram 1500 • Ram NA sales increased 30% y-o-y, primarily driven by strong U.S. Ram 1500 demand, with sales up 73% from the prior year
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E N L A R G E D E U R O P E U P D A T E - Q 3 2 0 2 6 8 Opel/Vauxhall Frontera Key Growth Levers • LCV lineup expands with the Pro One Smart Compact Van, while C-SUV portfolio is reinforced by Jeep Compass, DS N°7 and Lancia Gamma • LPM continues to gain momentum, with sales growing nearly 4x y-o-y • Potential positive development on Europe regulatory framework Q3 Highlights • EU 30 Sales increased 1% (+6% incl. LPM) y-o-y, primarily driven by Smart Car and growing BEV demand in France, Germany, and UK • EU30 PC BEV sales increased 65% (+93% incl. LPM) y-o-y • Pro One maintained leadership position in EU30 LCV segment with 26.9% market share (-110 bps y-o-y) and EU30 LCV BEV sales up 46% • EU30 STLA order bank increased 6.7% y-o-y, ~2.7 months of sales Refer to Appendix for definitions and notes to the presentation C E O U P D A T E
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9 • Sales declined 4% (-2% incl. LPM) y-o-y, maintaining a strong position in a challenging market • Maintained market leadership with 18.6% market share (18.9% incl. LPM), ranking #1 in Brazil and Argentina • In Brazil, Stellantis sales increased 3% (+5% incl. LPM) y-o-y, reaching >200k units, largely driven by higher Fiat and Ram pickup volume S O U T H A M E R I C A M I D D L E E A S T & A F R I C A A S I A P A C I F I C • Market share of 10.1% (10.2% incl. LPM), down 1.5 ppts due to challenging market environment • Algeria local production sales increased by 3k units, or 22%, y-o-y • #2 in LCV with 21.8% market share, up 240 bps y-o-y • Sales declined 27% (22% incl. LPM), driven by heightened Chinese competition • Localized Leapmotor-branded C10 and B10 production began in Malaysia • DSAT* officially established in Q3 '26, allowing for the development of two new Jeep and Peugeot models O T H E R R E G I O N A L U P D A T E S - Q 3 2 0 2 6 Refer to Appendix for definitions and notes to the presentation C E O U P D A T E Peugeot 308 Fiat Grande Panda Fiat Strada • DSAT = Dongfeng Stellantis Automotive Technology Co.
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F I N A N C I A L R E V I E W 10 Ram ProMaster City
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F I N A N C I A L R E V I E W Q 3 2 0 2 6 F I N A N C I A L P E R F O R M A N C E O V E R V I E W S H I P M E N T S (CONSOLIDATED) 1.3M -1% N E T R E V E N U E S €37.6B +1% A O I * I N D U S T R I A L F C F * -€4.0B +€0.3B A D J U S T E D D I L U T E D E P S * -€0.01 +75% FULL YEAR GUIDANCE REAFFIRMED 11 * Refer to Appendix for definitions of supplemental financial measures and reconciliations to applicable IFRS metrics 0.7% +50 bps €0.3B +184% A O I M A R G I N *
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Q 3 2 0 2 6 A D J U S T E D O P E R A T I N G I N C O M E * F I N A N C I A L R E V I E W * Refer to Appendix for definitions of supplemental financial measures and reconciliations to applicable IFRS metrics Figures may not add due to rounding € million % = AOI Margin* 256 90 (477) 23 828 (108) (168) 68 Q3 2025 Volume & MixVehicle Net PriceIndustrial SG&A R&D FX & Other Q3 2026 0.2% 0.7% 12 Q 3 ' 2 6 V S Q 3 ' 2 5 V O L U M E & M I X Stable volume y-o-y, with unfavorable regional mix from lower North America shipments V E H I C L E N E T P R I C E North America pricing was positive y-o-y, offset by continued pricing pressures in Europe I N D U S T R I A L C O S T S Improved y-o-y, due to cost saving actions, including VCP, lower CO2 compliance costs and lower warranty costs, partially offset by commodities inflation Y T D ' 2 6 V S Y T D ' 2 5 630 822 (584) 2,940 (502) (353) (964) 1,989 YTD 2025 Volume & Mix Vehicle Net Price Industrial SG&A R&D FX & Other YTD 2026 0.6% 1.7%
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€ million Q3 2026 Q3 2025 YTD 2026 YTD 2025 Industrial Adj. Operating Income 144 3 1,626 287 Depreciation & Amortization 1,560 1,703 4,702 5,260 Capital Expenditures(1) (1,823) (2,309) (5,320) (7,452) Working Capital(2) (2,772) (2,812) (3,097) (4,157) Financial Charges & Taxes (301) (59) (367) (273) Provisions & Other (817) (830) (2,474) (974) Industrial Free Cash Flows (4,009) (4,304) (4,930) (7,309) I N D U S T R I A L A O I T O I F C F W A L K * F I N A N C I A L R E V I E W (1) Capex, Capitalized R&D & Other Investments (2) Working Capital includes Sales Incentive Provisions *Refer to Appendix for definitions of supplemental financial measures and reconciliations to applicable IFRS metrics Figures may not add due to rounding I N D U S T R I A L F R E E C A S H F L O W S Improvement of €0.3B y-o-y, driven by slightly higher AOI and disciplined capital allocation, partially offset by higher financial charges C A P I T A L E X P E N D I T U R E S Reduction of €0.5B y-o-y, reflecting timing of FY '26 investment, aligned with FaSTLAne 2030 plan; expect FY '26 Capex + R&D to be ~6.5% of Net Revenues W O R K I N G C A P I T A L Flat y-o-y due to stable shipments 13 Q 3 ' 2 6 V S Q 3 ' 2 5
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I N V E N T O R Y U P D A T E F I N A N C I A L R E V I E W • Total inventory* increased 14% y-o-y and 12% vs. Dec '25 • Company inventory increased 8% y-o-y and 35% vs. Dec '25, of which the vast majority of increase was driven by EE, with higher in-transit LPM vehicles • Independent dealer inventory increased 16% y-o-y and 5% vs. Dec '25 • U.S. dealer stock increased 23% y-o-y, but declined 6% sequentially from June 30, 2026 due to planned summer production shutdown ◦ Sep'26 ending inventory of 368k units, representing 84 days of supply, down from 92 days of supply in June ◦ Expected to be within the range of 320k-350k units at year-end Refer to Appendix for definitions and notes to the presentation 1,278* 14 Independent dealers Company (000 units) 1,252 1,277 1,338 1,444 1,425 889 988 973 1,088 1,035 363 289 364 355 391 Sep 30 '25 Dec 31 '25 Mar 31 '26 Jun 30 '26 Sep 30 '26 *Includes Leapmotor Vehicles
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Shipments 251K -% Net Revenues €4,120M +3% AOI €431M +0% AOI Margin 10.5% (30) bps STLA Market Share 18.6% (340) bps STLA + LPM Market Share* 18.9% (310) bps Shipments 15K (6)% Net Revenues €445M (7)% AOI €18M n.m. Aoi Margin 4.0% +480 bps Shipments 357K (12)% Net Revenues €15,586M (3)% AOI €64M n.m. AOI Margin 0.4% 340 bps STLA Market Share 7.5% +10 bps STLA + LPM Market Share* 7.5% +10 bps S O U T H A M E R I C A A S I A P A C I F I C Shipments 588K +10% Net Revenues €14,062M +3% AOI €(311)M n.m. AOI Margin (2.2)% (340) bps EU30 Market Share 14.8% (60) bps STLA + LPM Market Share* 15.6% (10) bps Shipments 75K (21)% Net Revenues €1,673M (19)% AOI €244M (10)% AOI Margin 14.6% +140bps STLA Market Share 10.1% (150) bps STLA + LPM Market Share* 10.2% (140) bps N O R T H A M E R I C A E N L A R G E D E U R O P E M I D D L E E A S T & A F R I C A Q 3 2 0 2 6 R E G I O N A L P E R F O R M A N C E F I N A N C I A L R E V I E W Shipments presented represent Consolidated shipments Refer to Appendix for definitions and notes to the presentation 15
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2 0 2 6 F I N A N C I A L G U I D A N C E R E A F F I R M E D F I N A N C I A L R E V I E W Refer to Appendix for definitions of supplemental financial measures and reconciliations to applicable IFRS metrics Figures may not add due to rounding Net Revenues: • Expected increase driven by an expanded product portfolio and anticipated volume recovery AOI Considerations: • Continued focus on mitigating geopolitical, trade, inflationary, and commodity cost pressures • Full year net tariff costs estimated at approximately €1.0B; €0.6B incurred September year-to-date IFCF Considerations: • Full-year cash outflows related to H2 '25 charges estimated at approximately €1.6B, including €0.1B paid in Q3 2026 and €1.1B paid through September year-to-date • Full-year Capex and R&D expenditures expected to represent approximately 6.5% of Net Revenues, consistent with 2026 investment plan under FaSTLAne 2030t FY 2026 Guidance Reaffirmed, Including the Following Q4 vs Q3 2026 Dynamics: • Continued focus on profitability, aligning production with demand • Higher total consolidated shipment volumes • Broadly stable pricing environment • Incremental cost headwinds from memory chips and recalls • VCP savings expected to continue accelerating, realizing mid-hundreds of millions of euros in Q4 2026, approximately double the amount realized in Q3 '26 • Positive working capital contribution driven by normal Q4 seasonality 16 Net Revenues Mid-Single Digit % Increase AOI Margin % Low-Single Digit Industrial FCF Improved Y-o-Y; Positive in 2027
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€ million Q3 2026 Q3 2025 Δ% YTD 2026 YTD 2025 Δ% Combined Shipments(1) (000 units) 1,308 1,334 (2)% 4,276 4,024 6% Consolidated Shipments(1) (000 units) 1,286 1,300 (1)% 4,244 3,964 7% Net Revenues 37,611 37,206 1% 119,225 111,467 7% Operating Income/(Loss) (331) (5,701) 94% 1,059 (8,411) n.m Net Financial Expenses/(Income) 201 (6) n.m 553 154 n.m Profit/(Loss) Before Taxes (532) (5,695) 91% 506 (8,565) n.m Tax (Benefit)/Expense (79) (1,163) (93)% 289 (1,777) n.m Net (Loss)/Profit (453) (4,532) 90% 217 (6,788) n.m. Diluted EPS (€/share) (0.18) (1.57) 89% 0.02 (2.35) n.m. Adjusted Operating Income/(Loss)* 256 90 +184% 1,989 630 +216% Adjusted Operating Income Margin* 0.7% 0.2% +50 bps 1.7% 0.6% +110 bps Adjusted Diluted EPS (€/share) (0.01) (0.04) 75% 0.31 0.14 +121% Industrial Free Cash Flows* (4,009) (4,304) +7% (4,930) (7,309) +33% Industrial Net Financial Position* 5,400 4,385 +23% 5,400 4,385 +23% Industrial Available Liquidity 42,652 42,780 (0.3)% 42,652 42,780 (0.3)% K E Y G R O U P M E T R I C S F I N A N C I A L R E V I E W (1) Combined Shipments include shipments by Company’s consolidated subsidiaries and unconsolidated JVs, whereas Consolidated Shipments only include shipments by Company’s consolidated subsidiaries 17 * Refer to Appendix for definitions of supplemental financial measures and reconciliations to applicable IFRS metrics Figures may not add due to rounding
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A P P E N D I X 19 Paris Motor Show 2026
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D E F I N I T I O N S A N D N O T E S 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 = reporting segments BEV = battery electric (BEV), ICE = internal combustion engine; REEV = range-extender electric vehicle 3MIS = 3 months in service SRT® = street and racing technology Rankings, market share and other industry information are for passenger cars (PC) plus light commercial vehicles (LCV) and for the full year unless otherwise stated. Information is derived from third-party industry sources (e.g. Agence Nationale des Titres Sécurisés (ANTS), Associação Nacional dos Fabricantes de Veículos Automotores (ANFAVEA), Ministry of Infrastructure and Sustainable Mobility (MIMS), S&P Global, Ward’s Automotive) and internal information unless otherwise stated All Stellantis reported BEV sales include Citroën Ami, Opel Rocks-e and Fiat Topolino; in countries where these vehicles are classified as quadricycles, they are excluded from Stellantis reported combined sales, industry sales and market share figures LPM = Leapmotor DSAT = Dongfeng Stellantis Automotive Technology (Wuhan) Co., Ltd. PC = Passenger car STLA + LPM This metric combines Stellantis-owned brands and Leapmotor vehicles distributed by a Stellantis-controlled company. Stellantis does not design or manufacture Leapmotor-branded vehicles and does not own the Leapmotor brand or intellectual property VCP = Value Creation Program Figures may not add due to rounding = totals may not sum precisely if individual figures are rounded 20
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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 results and enhance the overall ability to assess our financial performance and financial position. These measures provide comparable measures which facilitate management’s ability to identify operational trends, as well as make decisions regarding future spending, resource allocations and other operational decisions. The non- GAAP measure, Adjusted diluted EPS is also presented, which is not used to monitor our operations but which we believe provides investors with a more meaningful comparison of the Company’s ongoing quality of earnings. These and similar measures are widely used in the industry in which the Company operates, however, these financial measures may not be comparable to other similarly titled measures of other companies and are not intended to be substitutes for measures of financial performance as prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), as well as IFRS as adopted by the European Union. Stellantis’ non-GAAP financial measures are defined as follows: • Adjusted operating income/(loss) excludes from Net profit/(loss) from continuing operations adjustments comprising restructuring and other termination costs, impairments, asset write-offs, disposals of investments and unusual operating income/(expense) that are considered rare or discrete events and are infrequent in nature, as inclusion of such items is not considered to be indicative of the Company's ongoing operating performance, and also excludes Net financial expenses/(income) and Tax expense/(benefit). 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 operating income/(expense) includes, but may not be limited to: impacts from strategic decisions to rationalize Stellantis' core operations; facility-related costs stemming from Stellantis' plans to match production capacity and cost structure to market demand, and convergence and integration costs directly related to significant acquisitions or mergers. • Adjusted Operating Income/(Loss) Margin is calculated as Adjusted operating income/(loss) divided by Net revenues. • Industrial Free Cash Flows is our key cash flow metric and is calculated as Cash flows from operating activities less: (i) cash flows from operating activities from discontinued operations; (ii) cash flows from operating activities related to financial services, net of eliminations; (iii) investments in property, plant and equipment and intangible assets for industrial activities; (iv) contributions of equity to joint ventures and minor acquisitions of consolidated subsidiaries and equity method and other investments; and adjusted for: (i) net intercompany payments between continuing operations and discontinued operations; (ii) proceeds from disposal of assets and (iii) contributions to defined benefit pension plans, net of tax. The timing of Industrial free cash flows may be affected by the timing of monetization of receivables, factoring, the payment of accounts payable and transactions with our consolidated and related party financial service entities, as well as changes in other components of working capital, which can vary from period to period due to, among other things, cash management initiatives and other factors, some of which may be outside of the Company’s control. In addition, Industrial free cash flows is one of the metrics used in the determination of the annual performance bonus for eligible employees, including members of the senior management. • The majority of our liquidity is available to our treasury operations in Europe and U.S.; however, liquidity is also available to certain subsidiaries which operate in other countries. Cash held in such countries may be subject to restrictions on transfer depending on the foreign jurisdictions in which these subsidiaries operate and mainly affects our industrial activities. Based on our review of such transfer restrictions in the countries in which we operate and maintain material cash balances, (and in particular in Argentina, in which we have €242 million cash and securities at September 30, 2026 (€354 million at December 31, 2025), and in Algeria, in which we have cash and cash equivalents at September 30, 2026 of €268 million (€276 million at December 31, 2025)), we do not believe such transfer restrictions had an adverse impact on the Company’s ability to meet its liquidity requirements at the dates presented above. Cash and cash equivalents also include €1,023 million at September 30, 2026 (€663 million at December 31, 2025) held in bank deposits which are restricted to the operations related to securitization programs and warehouses credit facilities of Stellantis Financial Services U.S. Corp, together with its consolidated subsidiaries • Adjusted diluted earnings per share ("EPS") is calculated by adjusting Diluted earnings per share for the post-tax impact per share of the same items excluded from Adjusted operating income / (loss) as well as tax expense/(benefit) items that are considered rare or infrequent, or whose nature would distort the presentation of the ongoing tax charge of the Company. We believe this non- GAAP measure is useful because it also excludes items that we do not believe are indicative of the Company’s ongoing operating performance and provides investors with a more meaningful comparison of the Company’s ongoing quality of earnings. Adjusted diluted EPS should not be considered as a substitute for Basic earnings per share, Diluted earnings per share from operations or other methods of analyzing our quality of earnings as reported under IFRS. N O N - G A A P F I N A N C I A L M E A S U R E S ( 1 O F 2 ) 21
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• 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 includes the Stellantis branded vehicles distributed by our joint ventures (such as Tofas) and associates. • Leapmotor International is a jointly established, Stellantis-controlled company created in 2024 and owned 51 percent by Stellantis and 49 percent by Leapmotor, to distribute Leapmotor-branded vehicles outside of China. Stellantis does not design or manufacture Leapmotor-branded vehicles and does not own the Leapmotor brand or intellectual property. • Effective January 2026, the Company’s segment structure was updated to align with how the Chief Operating Decision Maker (“CODM”) reviews performance and allocates resources. Under the revised structure, the CODM reviews the business through the following operating and reportable segments: North America; Enlarged Europe; Middle East & Africa; South America; and Asia Pacific. The changes in our segment reporting are summarized below: • Maserati is no longer presented as a separate reportable segment as it is managed consistently with the other brands within the regions and is therefore presented on a “where sold” basis). • The Asia Pacific region is now managed as a single operating segment. Previously, the CODM reviewed two operating segments: (i) China and (ii) India & Asia Pacific, which were reported a s o n e r e p o r t a b l e s e g m e n t u n d e r I F R S 8 . F r o m 2 0 2 6 , t h e s e a c t i v i t i e s a r e r e v i e w e d t o g e t h e r , r e s u l t i n g i n o n e o p e r a t i n g a n d r e p o r t a b l e s e g m e n t : A s i a P a c i f i c ; a n d • European used car operations, previously included within Other activities, have been reclassified to the Enlarged Europe segment in line with the CODM’s oversight. Comparative information has been restated to reflect the revised segment structure. The impact of these changes is presented in the following tables: • Industrial net financial position is calculated as Debt plus derivative financial liabilities related to industrial activities less (i) cash and cash equivalents, (ii) financial securities that are considered liquid, (iii) current financial receivables from the Company or its jointly controlled financial services entities and (iv) derivative financial assets and collateral deposits. Therefore, debt, cash and cash equivalents and other financial assets/ liabilities pertaining to Stellantis’ financial services entities are excluded from the computation of the Industrial net financial position. Industrial net financial position includes the Industrial net financial position classified as held for sale. • Financial securities are comprised of short term or marketable securities which represent temporary investments but do not satisfy all the requirements to be classified as cash equivalents as they may be subject to risk of change in value (even if they are short-term in nature or marketable). 22 N O N - G A A P F I N A N C I A L M E A S U R E S ( 2 O F 2 ) Q3 2025 As reported Adjustments As adjusted Net revenues (EUR M) 37,206 — 37,206 North America 16,047 40 16,087 Enlarged Europe 12,973 658 13,631 Middle East & Africa 2,053 7 2,060 South America 3,989 — 3,989 Asia Pacific 427 49 476 Maserati 188 (188) — Others 1,529 (566) 963 YTD 2025 YTD 2025 Net revenues Adjusted operating income/(loss) As reported Adjustments As adjusted As reported Adjustments As adjusted (EUR M) 111,467 — 111,467 630 — 630 North America 44,245 145 44,390 (1,420) (37) (1,457) Enlarged Europe 42,214 1,974 44,188 179 (89) 90 Middle East & Africa 6,997 25 7,022 1,040 — 1,040 South America 11,758 2 11,760 1,618 — 1,618 Asia Pacific 1,350 136 1,486 24 (28) (4) Maserati 557 (557) — (172) 172 — Others 4,346 (1,725) 2,621 (639) (18) (657)
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Q 3 2 0 2 6 K E Y C O M M E R C I A L M E T R I C S 1. Market share information is derived from third-party industry sources (e.g. Agence Nationale des Titres Sécurisés (ANTS), Associação Nacional dos Fabricantes de Veículos Automotores (ANFAVEA), Ministry of Infrastructure and Sustainable Mobility (MIMS), Ward’s Automotive) and internal information. Represents PC and LCVs, except as noted below: • Enlarged Europe excludes Russia and Belarus; • Middle East & Africa exclude Iran and Sudan in all periods presented, and Syria in 2025 only; • South America excludes Cuba; and • Asia Pacific reflects aggregate for major markets where Stellantis competes including China (PC only) including licensed sales from Dongfeng Peugeot Citroën Automobiles, and Japan (PC), India (PC), South Korea (PC + Pickups), Australia, New Zealand and South East Asia Figures may not add due to rounding. Prior period figures have been updated to reflect current information provided by third party industry sources. 23 STLA Combined Sales STLA Market Share STLA + LPM Combined Sales* STLA + LPM Market Share* Q3 '26 Q3 '25 Δ% Q3 '26 Q3 '25 Δ Q3 '26 Q3 '25 Δ% Q3 '26 Q3 '25 Δ North America 379 375 +1% 7.5% 7.4% +10 bps 380 375 +1% 7.5% 7.4% +10 bps Enlarged Europe 564 566 0% 14.0% 14.4% (40) bps 597 567 +5% 14.8% 14.6% +20 bps Middle East & Africa 102 131 (22)% 10.1% 11.6% (150) bps 102 131 (22)% 10.2% 11.6% (140) bps South America 249 259 (4)% 18.6% 22.0% (340) bps 253 259 (2)% 18.9% 22.0% (310) bps Asia Pacific 18 25 (27)% 0.2% 0.3% (10) bps 20 26 (22)% 0.2% 0.3% (10) bps Total 1,313 1,348 (3)% 6.5% 6.4% +10 bps 1,352 1,357 (0.4)% 6.7% 6.4% +30 bps 000 units • Refer to Appendix for definitions and notes to the presentation
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S E P T Y T D 2 0 2 6 K E Y C O M M E R C I A L M E T R I C S 24 STLA Combined Sales STLA Market Share STLA + LPM Combined Sales* STLA + LPM Market Share* YTD '26 YTD '25 Δ% YTD '26 YTD '25 Δ YTD '26 YTD '25 Δ% YTD '26 YTD '25 Δ North America 1,126 1,080 +4% 7.6% 7.2% +40 bps 1,127 1,080 +4% 7.6% 7.2% +40 bps Enlarged Europe 1,951 1,895 +3% 15.3% 15.6% (30) bps 2,041 1,912 +7% 16.0% 15.8% +20 bps Middle East & Africa 338 375 (10)% 11.3% 11.5% (20) bps 339 376 (10)% 11.3% 11.5% (20) bps South America 724 736 (1.5)% 19.5% 23.0% (350) bps 732 736 (0.5)% 19.7% 23.0% (330) bps Asia Pacific 61 77 (21)% 0.2% 0.3% (10) bps 66 78 (16)% 0.3% 0.3% - Total 4,200 4,163 +0.9% 7.0% 6.7% +30 bps 4,304 4,182 +3% 7.2% 6.7% +50 bps 000 units • Refer to Appendix for definitions and notes to the presentation 1. Market share information is derived from third-party industry sources (e.g. Agence Nationale des Titres Sécurisés (ANTS), Associação Nacional dos Fabricantes de Veículos Automotores (ANFAVEA), Ministry of Infrastructure and Sustainable Mobility (MIMS), Ward’s Automotive) and internal information. Represents PC and LCVs, except as noted below: • Enlarged Europe excludes Russia and Belarus; • Middle East & Africa exclude Iran and Sudan in all periods presented, and Syria in 2025 only; • South America excludes Cuba; and • Asia Pacific reflects aggregate for major markets where Stellantis competes including China (PC only) including licensed sales from Dongfeng Peugeot Citroën Automobiles, and Japan (PC), India (PC), South Korea (PC + Pickups), Australia, New Zealand and South East Asia Figures may not add due to rounding. Prior period figures have been updated to reflect current information provided by third party industry sources.
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NORTH AMERICA Shipments 357 404 Q3 '26 Q3 '25 Net Revenues 15.6 16.1 Q3 '26 Q3 '25 Shipments 588 534 Q3 '26 Q3 '25 Net Revenues 14.1 13.6 Q3 '26 Q3 '25 (000 units) (€ billion) • Refer to Appendix for definitions of supplemental financial measures and reconciliations to applicable IFRS metrics 25 64 (475) (247) 421 529 (38) (172) 46 Q3 '25 Volume & Mix Vehicle Net Price Industrial SG&A R&D FX & Other Q3 '26 Adjusted Operating Income€ million % = Adjusted Operating Income Margin (3.0)% 0.4% Q 3 2 0 2 6 R E G I O N A L R E S U L T S ENLARGED EUROPE (000 units) (€ billion) (311) 157 (130) (424) 247 (72) 8 (97) Q3 '25 Volume & Mix Vehicle Net Price Industrial SG&A R&D FX & Other Q3 '26 Adjusted Operating Income € million % = Adjusted Operating Income Margin 1.2% (2.2)%
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MIDDLE EAST & AFRICA Shipments 95 128 75 9520 33 Consolidated JV Q3 '26 Q3 '25 Net Revenues 1.7 2.1 Q3 '26 Q3 '25 (000 units) (€ billion) • Refer to Appendix for definitions of supplemental financial measures and reconciliations to applicable IFRS metrics 26 244272 (6) 44 4 (12) (1) (57) Q3 '25 Volume & Mix Vehicle Net Price IndustrialSG&A R&D FX & Other Q3 '26 Adjusted Operating Income€ million % = Adjusted Operating Income Margin 13.2% 14.6% Q 3 2 0 2 6 R E G I O N A L R E S U L T S SOUTH AMERICA ASIA PACIFIC Shipments 251 252 Q3 '26 Q3 '25 Net Revenues 4.1 4.0 Q3 '26 Q3 '25 (000 units) (€ billion) 431429 (73) (20) 13 (21) (3) 106 Q3 '25 Volume & Mix Vehicle Net Price IndustrialSG&A R&D FX & Other Q3 '26 Adjusted Operating Income € million % = Adjusted Operating Income Margin 10.8% 10.5% Shipments 16 16 15 161 — Consolidated JV Q3 '26 Q3 '25 Net Revenues 445 476 Q3 '26 Q3 '25 (000 units) (€ million) 18 (4) (21) 2 35 9 — (3) Q3 '25 Volume & Mix Vehicle Net Price IndustrialSG&A R&D FX & Other Q3 '26 Adjusted Operating Income € million % = Adjusted Operating Income Margin (0.8)% 4.0%
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NORTH AMERICA Shipments 1,181 1,052 YTD '26 YTD '25 Net Revenues 49.9 44.4 YTD '26 YTD '25 Shipments 1,987 1,825 YTD '26 YTD '25 Net Revenues 44.9 44.2 YTD '26 YTD '25 (000 units) (€ billion) • Refer to Appendix for definitions of supplemental financial measures and reconciliations to applicable IFRS metrics 27 611 (1,457) 1,086 245 1,334 (263) (348) 14 YTD '25Volume & Mix Vehicle Net Price Industrial SG&A R&D FX & Other YTD '26 Adjusted Operating Income€ million % = Adjusted Operating Income Margin (3.3)% 1.2% S E P T Y T D 2 0 2 6 R E G I O N A L R E S U L T S ENLARGED EUROPE (000 units) (€ billion) (397) 90 (72) (1,433) 1,547 (188) (8) (333) YTD '25Volume & Mix Vehicle Net Price Industrial SG&A R&D FX & Other YTD '26 Adjusted Operating Income€ million % = Adjusted Operating Income Margin 0.2% (0.9)%
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MIDDLE EAST & AFRICA Shipments 338 379 307 32031 59 Consolidated JV YTD '26 YTD '25 Net Revenues 6.6 7.0 YTD '26 YTD '25 (000 units) (€ billion) • Refer to Appendix for definitions of supplemental financial measures and reconciliations to applicable IFRS metrics 28 855 1,040 47 578 (11) 1 2 (802) YTD '25Volume & Mix Vehicle Net Price IndustrialSG&A R&D FX & Other YTD '26 Adjusted Operating Income€ million % = Adjusted Operating Income Margin 14.8% 12.9% S E P T Y T D 2 0 2 6 R E G I O N A L R E S U L T S SOUTH AMERICA ASIA PACIFIC Shipments 723 723 YTD '26 YTD '25 Net Revenues 12.1 11.8 YTD '26 YTD '25 (000 units) (€ billion) 1,226 1,618 (220) 25 20 (58) (4) (155) YTD '25Volume & Mix Vehicle Net Price IndustrialSG&A R&D FX & Other YTD '26 Adjusted Operating Income € million % = Adjusted Operating Income Margin 13.8% 10.1% Shipments 47 45 46 45 1 — Consolidated JV YTD '26 YTD '25 Net Revenues 1.4 1.5 YTD '26 YTD '25 (000 units) (€ billion) 15 (4) (19) 1 50 21 5 (39) YTD '25Volume & Mix Vehicle Net Price IndustrialSG&A R&D FX & Other YTD '26 Adjusted Operating Income € million % = Adjusted Operating Income Margin (0.3)% 1.1%
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North America Enlarged Europe Middle East & Africa South America Asia Pacific Other* Stellantis € million Net revenues from external customers 15,570 14,062 1,673 4,088 445 1,773 37,611 Net revenues from transactions with other segments 16 — — 32 — (48) — Net revenues 15,586 14,062 1,673 4,120 445 1,725 37,611 Net profit/(loss) (453) Tax expense/(benefit) (79) Net financial expenses/(income) 201 Operating income/(loss) (331) Adjustments: Takata airbags recall campaign(1) — 218 — 5 — — 223 Write-down of investment in Leasys(2) — — — — — 118 118 Restructuring and other costs, net of reversals(3) — 49 — 15 — 2 66 Costs related to product plan realignment and program cancellations(4) 31 — — — — — 31 Other(5) 83 70 (1) (1) (5) 3 149 Total Adjustments 114 337 (1) 19 (5) 123 587 Adjusted Operating Income/(Loss) 64 (311) 244 431 18 (190) 256 R E C O N C I L I A T I O N O F N E T P R O F I T T O A D J U S T E D O P E R A T I N G I N C O M E - Q 3 ' 2 6 29 (*) Other activities, unallocated items and eliminations (1 ) Related to stop-drive campaigns on certain vehicles mainly in Enlarged Europe (2) During the three months ended September 30, 2026, the Company recognized a €118 million charge related to its investment in Leasys SAS ("Leasys") (3 ) Primarily related to workforce reductions, mainly in Enlarged Europe (4) Related to costs incurred as a result of product plan realignments and program cancellations in North America (5) Comprised primarily of adjustments to costs related to the transformation of certain plants in North America and Enlarged Europe, along with a regulatory impairment charge in North America
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North America Enlarged Europe Middle East & Africa South America Asia Pacific Other* Stellantis € million Net revenues from external customers 49,877 44,859 6,626 11,965 1,379 4,519 119,225 Net revenues from transactions with other segments 16 4 — 116 — (136) — Net revenues 49,893 44,863 6,626 12,081 1,379 4,383 119,225 Net profit/(loss) 217 Tax expense/(benefit) 289 Net financial expenses/(income) 553 Operating income/(loss) 1,059 Adjustments: Restructuring and other costs, net of reversals(1) (21) 507 4 52 2 4 548 Takata airbags recall campaign(2) — 318 5 6 — — 329 Costs related to product plan realignment and program cancellations(3) 252 (25) — — — — 227 Write-down of investment in Leasys(4) — — — — — 118 118 (Gains)/losses on disposal of investments(5) — 12 — (2) — (69) (59) U.S. GHG regulation change(6) (66) — — — — — (66) Renegotiated regulatory purchase commitments of credits(7) (317) — — — — — (317) Other(8) 91 67 1 (1) (9) 1 150 Total Adjustments (61) 879 10 55 (7) 54 930 Adjusted Operating Income/(Loss) 611 (397) 855 1,226 15 321 1,989 R E C O N C I L I A T I O N O F N E T P R O F I T T O A D J U S T E D O P E R A T I N G I N C O M E - S E P T Y T D ' 2 6 30 (*) Other activities, unallocated items and eliminations (1) Primarily related to workforce reductions, mainly in Enlarged Europe (2) Related to stop-drive campaigns on certain vehicles mainly in Enlarged Europe (3) Primarily related to costs incurred as result of product plan realignments and program cancellations, including €252 million recognized in North America, as well as a provision reversal of €25 million in Enlarged Europe (4) During the nine months ended September 30, 2026, the Company recognized a €118 million charge related to its investment in Leasys (5) Comprised primarily of (i) gains recognized as a result of the loss of significant influence over Archer and the resulting termination of the equity method, (ii) a dilution gain related to the investment in Comau Group, and (iii) gains/(losses) recognized on the disposal of non-significant assets in Enlarged Europe (6) Following the repeal of the U.S. GHG emissions standards, the Company recognized a gain of €66 million within Cost of revenues. The net gain consisted of an impairment of GHG-related Other intangible assets of €284 million and the elimination of the related GHG provision of €350 million (7) Includes a net gain of €317 million within Cost of revenues related to renegotiated contractual commitments for the purchase of regulatory compliance credits (8) Comprised primarily of adjustments to costs related to the transformation of certain plants in North America and Enlarged Europe, along with a regulatory impairment charge in North America
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R E C O N C I L I A T I O N O F N E T P R O F I T T O A D J U S T E D O P E R A T I N G I N C O M E - Q 3 ' 2 5 31 North America Enlarged Europe Middle East & Africa South America Asia Pacific Other* Stellantis € million Net revenues from external customers 16,079 13,622 2,053 3,927 476 1,049 37,206 Net revenues from transactions with other segments 8 9 7 62 - (86) - Net revenues 16,087 13,631 2,060 3,989 476 963 37,206 Net profit/(loss) (4,532) Tax expense/(benefit) (1,163) Net financial expenses/(income) (6) Operating income/(loss) (5,701) Adjustments: Changes in estimate for contractural warranties(1) 3,252 — — — — — 3,252 Costs related to program cancellations(2) 1,734 12 — 2 — — 1,748 Restructuring and other costs, net of reversals(3) (31) 411 — 6 — 15 401 Fuel cell program discontinuation(4) — 79 — — — — 79 Takata airbags recall campaign(5) — 50 6 — — — 56 Platform impairments — 1 — — — — 1 Other(6) 257 13 — (1) (5) (10) 254 Total Adjustments 5,212 566 6 7 (5) 5 5,791 Adjusted Operating Income/(Loss) (475) 157 272 429 (4) (289) 90 * Other activities, unallocated items and eliminations (1) Related to the change in estimate for contractual warranty provisions, resulting from the reassessment of the estimation process, taking into account recent increases in cost inflation and a deterioration in quality, as a result of operational choices, which did not deliver the expected quality performance (2) Primarily related to costs incurred as a result of program cancellations (3) Primarily related to workforce reductions, mainly in Enlarged Europe (4) Related to the Company’s decision to discontinue its hydrogen fuel cell strategy, comprising €12 million of impairments of capitalized development expenditures and property, plant and equipment, €47 million of provisions for risks, and €20 million of other expenses (5) Related to stop-drive campaigns on certain vehicles in Enlarged Europe announced in June 2025 (6) Comprised primarily of (i) net costs recognized to support the workforce during the transformation of certain plants in North America, (ii) gains on disposal of investments in Enlarged Europe and (iii) a gain from dilution related to the investment in Archer Aviation
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R E C O N C I L I A T I O N O F N E T P R O F I T T O A D J U S T E D O P E R A T I N G I N C O M E - S E P T Y T D ' 2 5 32 North America Enlarged Europe Middle East & Africa South America Asia Pacific Other* Stellantis € million Net revenues from external customers 44,382 44,177 7,009 11,625 1,482 2,792 111,467 Net revenues from transactions with other segments 8 11 13 135 4 (171) — Net revenues 44,390 44,188 7,022 11,760 1,486 2,621 111,467 Net profit/(loss) (6,788) Tax expense/(benefit) (1,777) Net financial expenses/(income) 154 Operating income/(loss) (8,411) Adjustments: Change in estimate for contractural warranties(1) 3,252 — — — — — 3,252 Costs related to product plan realignments and program cancellations(2) 2,061 146 8 321 1 — 2,537 Restructuring and other costs, net of reversals(3) (72) 942 — 10 — 43 923 Fuel cell program discontinuation(4) — 812 — — — — 812 Takata airbags recall campaign(5) — 289 6 — — — 295 Platform impairments(6) — 579 — — — — 579 Corporate average fuel economy ("CAFE") penalty rate (7) 269 — — — — — 269 Stellantis Türkiye disposal(8) — — 246 — — — 246 Other(9) 174 (10) — (1) (3) (32) 128 Total Adjustments 5,684 2,758 260 330 (2) 11 9,041 Adjusted Operating Income/(Loss) (1,457) 90 1,040 1,618 (4) (657) 630 * Other activities, unallocated items and eliminations (1) Related to the change in estimate for contractual warranty provisions, resulting from the reassessment of the estimation process, taking into account recent increases in cost inflation and a deterioration in quality, as a result of operational choices, which did not deliver the expected quality performance (2) Primarily related to costs incurred as result of product plan realignments and program cancellations (3) Primarily related to workforce reductions, mainly in Enlarged Europe, partially offset by a €72 million reduction in estimated North America restructuring costs (4) During the nine months ended September 30, 2025, Stellantis decided to discontinue its fuel cell strategy. As a result, the following items have been impaired: (i) investment in Symbio(€179 million), (ii) loans granted to Symbio (€162 million), (iii) capitalized development expenditures and property, plant and equipment related to fuel cells (€341 million), (iv) in addition, provisions for risks were recognized (€110 million) and (v) other expenses (€20 million) (5) Related to stop-drive campaigns on certain vehicles in Enlarged Europe announced in June 2025 (6) Due to reduced volumes, platforms used for Maserati and Alfa Romeo vehicles were impaired and recognized in Enlarged Europe for €579 million (7) As a result of the elimination of CAFE fines with the enactment of the One Big Beautiful Bill, the Company recognized a net expense of €97 million, comprised of net €172 million of CAFE credits recognized as a reduction of Cost of revenues, which remains included in Adjusted operating income as these amounts reduced prior year CAFE fines, and a net expense of €269 million, which is excluded from AOI and comprised of (i) elimination of the CAFE provision of €844 million, (ii) impairment of the regulatory credit assets of €609 million, and (iii) onerous contracts related to contractual purchase commitments for CAFE credits of €504 million (8) Sale of Stellantis Türkiye to the Company’s joint venture, Tofas, for which the Company recognized an estimated loss on disposal of €246 million, driven primarily by the recycling of the cumulative translation reserve from Equity to the Consolidated Income Statement upon disposal (9) Comprised primarily of (i) net costs to support the workforce during the transformation of certain plants in North America, (ii) gains on sales of real estate in Enlarged Europe, and (iii) a gain from dilution related to the investment in Archer Aviation
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R E C O N C I L I A T I O N O F D I L U T E D E P S T O A D J U S T E D D I L U T E D E P S € million, unless otherwise stated Q3 '26 Q3 '25 SEPT YTD '26 SEPT YTD '25 Net profit/(loss) attributable to owners of the parent (470) (4,542) 186 (6,782) Coupon and tax impacts on Hybrid perpetual notes(1) (65) — (129) — Weighted average number of shares outstanding (000) 2,902,097 2,888,824 2,899,471 2,884,705 Number of shares deployable for share-based compensation (000)(2) — — 8,823 — Weighted average number of shares outstanding for diluted earnings per share (000) 2,902,097 2,888,824 2,908,294 2,884,705 Diluted earnings/(loss) per share (A) (€/share) (0.18) (1.57) 0.02 (2.35) Adjustments, per above, net of taxes 587 5,791 930 9,041 Tax impacts on adjustments(3) (95) (1,375) (76) (1,845) Total adjustments, net of taxes 492 4,416 854 7,196 Number of shares deployable for share-based compensation (000) — — — 15,846 Adjusted dilutive impact per share — — — — Impact of adjustments above, net of taxes, on Diluted earnings per share from continuing operations (€/share) (B) 0.17 2 0.29 2.49 Adjusted Diluted earnings per share (€/share) (A+B) (0.01) (0.04) 0.31 0.14 33 (1) In 2026, following the issuance of Hybrid perpetual notes classified as equity, coupons accrued on these instruments, together with the Hybrid perpetual notes, are accounted for in a separate reserve within equity, which is not available for distribution to equity holders. The deferred tax effect arising from the issuance discount and other costs on the Hybrid perpetual notes is also recognized directly in equity within Retained earnings and other reserves. Accordingly, the coupon accrued and the deferred tax impact are deducted from Net profit/(loss) attributable to the equity holders of the parent in calculating both basic and diluted earnings per share. No such adjustment was required in 2025, as no Hybrid perpetual notes were outstanding during that period (2) For the three months ended September 30, 2026 and for the three and nine months ended September 30, 2025, the Company reported a loss attributable to the owners of the parent. Consequently, the potential dilutive impact of share-based payment plans was excluded from the calculation of diluted earnings/(loss) per share, as its inclusion would have been anti-dilutive. For the nine months ended September 30, 2025, however, the adjusted net result reflected a profit and, therefore, the potential dilutive effect of share-based payment plans was included in the calculation of Adjusted diluted earnings per share. For the three months ended September 30, 2026 and September 30, 2025, the adjusted net result remained a loss and no dilutive effect was included (3) Tax impact on adjustments is calculated based on the expected local country tax implications for each adjustment
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R E C O N C I L I A T I O N O F C A S H F L O W S F R O M O P E R A T I N G A C T I V I T I E S T O I N D U S T R I A L F R E E C A S H F L O W S € million Q3 '26 Q3 '25 SEPT YTD '26 SEPT YTD '25 Cash Flows from/(used in) Operating Activities (3,930) (4,551) (6,817) (6,838) Less: Financial Services, Net of Inter-Segment Eliminations (1,733) (2,549) (7,177) (6,946) Less: Capital Expenditures and Capitalized R&D Expenditures and Change in Amounts Payable on Property, Plant and Equipment and Intangible Assets for Industrial Activities 1,745 1,873 4,811 7,009 Add: Proceeds from Disposal of Assets and Other Changes in Investing Activities 18 19 11 492 Less: Contributions of Equity to JVs and Minor Acquisitions of Consolidated Subsidiaries and Equity Method and Other Investments 96 455 520 935 Add: Defined Benefit Pension Contributions, Net of Tax 11 7 30 35 Industrial Free Cash Flows (4,009) (4,304) (4,930) (7,309) 34
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R E C O N C I L I A T I O N O F D E B T T O I N D U S T R I A L N E T F I N A N C I A L P O S I T I O N € million At September 30, 2026 At December 30, 2025 Debt with third parties (excluding held for sale) (55,999) (45,947) Current Financial Receivables from Jointly-Controlled Financial Services Companies 799 603 Derivative Financial Assets/(Liabilities), Net and Collateral Deposits 79 181 Financial Securities 3,443 1,362 Cash and Cash Equivalents 29,046 30,146 Industrial Net Financial Position Classified as Held for Sale 95 - Net Financial Position (22,537) (13,655) Less: Net Financial Position of Financial Services (27,937) (20,349) Industrial Net Financial Position 5,400 6,694 35
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D E B T M A T U R I T Y S C H E D U L E - I N D U S T R I A L A C T I V I T I E S Outstanding September 30 2026 (€ billion) 2026 2027 2028 2029 2030 Beyond 22.0 Capital Markets Debt — 2.2 2.7 1.9 2.7 12.7 0.6 Bank Debt 0.3 0.1 0.1 — — 0.1 0.3 Other Debt 0.1 — 0.1 — — — 2.6 Lease Liabilities 0.4 0.7 0.3 0.2 0.2 0.9 25.6 Total Industrial Cash Maturities 0.8 3.0 3.1 2.1 2.9 13.7 30.4 Cash, Cash Equivalents and Financial Securities 12.3 Undrawn Committed Credit Lines 42.7 Total Industrial Available Liquidity 36 Figures may not add due to rounding
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A V A I L A B L E L I Q U I D I T Y Outstanding September 30 2026 (€ billion) Group Industrial Activities Financial Services Cash, Cash Equivalents and Financial Securities 32.7 30.4 2.3 Undrawn Committed Credit Lines 13.8 12.3 1.5 Total Available Liquidity 46.5 42.7 3.8 Figures may not add due to rounding 37
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R E S E A R C H A N D D E V E L O P M E N T C O S T S A N D E X P E N D I T U R E S € million Q3 2026 Q3 2025 SEPT YTD 2026 SEPT YTD 2025 Research and Development Expenditures Expensed 822 590 2,491 2,001 Amortization of Capitalized Development Expenditures 467 521 1,390 1,609 Impairment and Write-off of Capitalized Development Expenditures 37 831 193 1,703 Total Research and Development Costs 1,326 1,942 4,074 5,313 Capitalized Development Expenditures excl. Borrowing Costs(1) 703 776 1,976 2,481 Research and Development Expenditures Expensed 822 590 2,491 2,001 Total Research and Development Expenditures 1,525 1,366 4,467 4,482 (1) Does not include capitalized borrowing costs in accordance with IAS 23 - Borrowing costs (Revised) Figures may not add due to rounding 38
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I M P A C T O F C A P I T A L E X P E N D I T U R E S O N I N D U S T R I A L F R E E C A S H F L O W S € million SEPT YTD 2026 SEPT YTD 2025 Capital Expenditures and Capitalized Research & Development Expenditures and Change in Amount Payable on Property, Plant and Equipment and Intangible Assets for Industrial Activities 4,811 7,009 Contributions of Equity to Joint Ventures and Minor Acquisitions of Consolidated Subsidiaries and Equity Method and Other Investments 520 935 Proceeds from Disposal of Assets and Other Changes in Investing Activities (11) (492) Capital Expenditures(1) 5,320 7,452 Research and Development Expenditures Expensed 2,491 2,001 Less: Capitalized Borrowing Costs 79 177 Proceeds from Disposal of Assets and Other Changes in Investing Activities 11 492 Total Capital Expenditures & Investment 7,743 9,768 Net Revenues 119,225 111,467 Capital Expenditures and Investments as a Percent of Net Revenues 6.5% 8.8% 1) Industrial AOI to IFCF Walk, see page 13 Figures may not add due to rounding 39