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Stellantis Reports Strong Financial Performance in First Half of 2024 Amid Product-Led Transition, Generating Net Profit of €5.6 Billion and 10% AOI Margin

Net revenues

Net revenues of €85.0 billion, down 14% compared to H1 2023, primarily due to the decline in volume and mix.

Net profit

Net profit of €5.6 billion, down 48% compared to H1 2023, primarily due to lower volume and mix, headwinds from foreign exchange, and restructuring costs.

Adjusted operating income

Adjusted operating income of €8.5 billion, down €5.7 billion compared to H1 2023, primarily due to decreases in North America.

About Stellantis

Stellantis N.V. (NYSE: STLA/ Euronext Milan: STLAM/ Euronext Paris: STLAP) is one of the world’s leading automakers aiming to provide clean, safe, and affordable freedom of mobility to all. It’s best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move, and Leasys. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net-zero mobility tech company by 2038, with single-digit percentage compensation of the remaining emissions while creating added value for all stakeholders. For more information, visit www.Stellantis.com. Contacts: communications@stellantis.com or investor.relations@stellantis.com

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