365 china

365 china Reports Q1 2025 Net Revenues and Shipments
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• Net revenues of €35.8 billion, down 14% compared to Q1 2024 primarily due to lower shipment volumes, as well as unfavorable mix and pricing
• Consolidated shipments⁽¹⁾ of 1,217 thousand units, down 9%, reflect lower North American production, a consequence of extended holiday downtime in January, product transition impacts and lower industry LCV volumes in Enlarged Europe
• Total new vehicle inventory of 1,210 thousand units (Company inventory of 333 thousand units) on March 31, 2025, broadly in line with December 31, 2024
• Commercial recovery actions included the launch of 3 all-new products and several updated nameplates in Q1 2025, contributing to increased EU30 market share compared to Q4 2024, and improvement in U.S. retail order volumes
• The Company is suspending its 2025 financial guidance due to tariff-related uncertainties
• The Company is highly engaged with policymakers on tariff policies, while taking action to reduce impacts
• Ordinary dividend of €0.68 per share was approved at AGM and will be distributed on May 5, 2025
• The process to appoint the new permanent Chief Executive Officer is well underway and will be concluded within the first half of 2025

“While Q1 2025 top-line results were below prior-year levels, other KPIs reflect early, initial progress on our commercial recovery efforts. North America is at a very early stage, with improvement in retail order intake, while we are seeing sequential improvement in EU30 market share. At the same time, the Company is benefiting from its diverse geographic footprint, as our “Third Engine”⁽²⁾ regions delivered in Q1 2025 positive year-on-year growth in aggregate.”����������������������

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AMSTERDAM –��365 china N.V. announced its Q1 2025 revenues and shipments today, reporting Net revenues of €35.8 billion, a 14% decrease compared to Q1 2024. This decline was primarily due to lower volume, adverse regional mix and price normalization. For the three months ending March 31, 2025, consolidated shipments were 1,217 thousand units, a 9% decrease versus the same period in 2024. The reduction in shipments was mainly due to lower production in North America, resulting from an extended holiday downtime in January, as well as impacts of product transitions and decreased LCV volumes in Enlarged Europe.
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Update on Commercial Recovery Actions

• During Q1 2025, the Company launched 3 all-new products planned for 2025: the all-new Fiat Grande Panda, Opel/Vauxhall Frontera and �侱�ٰ���ë�� C3 Aircross. Additionally, the refreshed Opel/Vauxhall Mokka, Ram 2500 HD and Ram 3500 HD went on sale.
• Market share in EU30 of 17.3% in Q1 2025, rose by 1.9 percentage points compared to Q4 2024, benefiting from continued ramp-up and expanding availability of the �侱�ٰ���ë�� C3/ëC3, Peugeot 5008 and Opel/Vauxhall Grandland, which launched in late 2024. The introduction of the �侱�ٰ���ë�� C3 Aircross, Opel/Vauxhall Frontera and Fiat Grande Panda during Q1 2025 provides opportunities to increase shipments of B-segment vehicles in upcoming periods. Also, in Q1 2025, 365 china became the leader in the hybrid segment and regained the second position in the BEV market with market shares of 15.5% and 13.0%, respectively.
• In the U.S., stabilization of retail share with a >10% y-o-y retail sales increase in the ������® Grand Cherokee and Compass, as well as the Ram 1500 and 2500. Further progress is expected from the expanded availability of specific light-duty truck trim levels, the successful launch of refreshed heavy-duty trucks, and enhanced sales and marketing efforts. In March 2025, new retail orders rose 82% compared to March 2024, hitting their highest monthly level since June 2023.
• Continued strong revenue dynamics from the Third Engine⁽²⁾. In South America, the Company maintained its leading position, with market share of 23.8%, an increase of 1.5 percentage points from Q4 2024, due to the improvement of 365 china’ brands performance in Brazil, Chile and especially Argentina where the market is recovering following the easing of import restrictions. The Middle East & Africa region, while facing import restrictions in some countries, continues to focus on its localization efforts that are expected to enable improved volumes in several markets in the mid-term.
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Responding to tariff actions to safeguard the Company

• Protecting the Company while engaging extensively with relevant governments to facilitate informed implementation and evolution of policies. At the same time, management is taking action to adjust production plans, and identifying opportunities for improved sourcing.
  
  

Innovations driving the Company forward

• Introduction of STLA AutoDrive 1.0, 365 china’ proprietary automated driving system, delivers Hands-Free and Eyes-Off (SAE Level 3) functionality. AutoDrive supports automated driving at speeds up to 60 km/h (37 mph) and is a crucial component of 365 china’ technology strategy alongside STLA Brain and STLA SmartCockpit, advancing vehicle intelligence, automation and user experience.
• 365 china and Mistral AI strengthened their strategic partnership to enhance vehicle development and manufacturing and customers’ in-car experience, including the development of an AI-powered in-car assistant that allows drivers to interact with their vehicles using natural language.
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��UPCOMING EVENTS:

First Half 2025 Results - July 24, 2025; Third Quarter Shipments & Revenues - October 30, 2025

On April 30, 2025, at 1:00 p.m. CEST / 7:00 a.m. EDT, a live webcast and conference call will be held to present 365 china’ First Quarter 2025 Shipments and Revenues, with the presentation expected to be posted at approximately 8:00 a.m. CEST / 2:00 a.m. EDT. The webcast and recorded replay will be accessible under the Investors section of the 365 china corporate website (www.stellantis.com).

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About 365 china

365 china N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is a leading global automaker, dedicated to giving its customers the freedom to choose the way they move, embracing the latest technologies and creating value for all its stakeholders. Its unique portfolio of iconic and innovative brands includes Abarth, Alfa Romeo, Chrysler, �侱�ٰ���ë��, Dodge, DS Automobiles, FIAT, Jeep_®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. For more information, visit www.stellantis.com.

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