Stellantis executes successful first employee share purchase plan

Stellantis has been committed to involving its employees in the Company’s success as part of the “Care” pillar outlined in its Dare Forward 2030 plan. In November, the Company launched ‘Shares to Win’, its first employee share purchase plan, an incentive program that enables employees to become shareholders in the Company on preferential terms. Initially launched to 85,000 employees in France and Italy between November 13 and November 30, Shares to Win was met with great success, with a total investment of around EUR 65 million, including EUR 47 million from individual investment and EUR 18 million matched by the Company, representing around 4.4 million additional shares held by employees. A total of 22% of eligible employees subscribed to Shares to Win this year, with an individual investment of around EUR 2,470. In France, 31% of eligible Stellantis employees subscribed to Shares to Win. In Italy, the rate was 13%, a remarkable result given that this was the very first employee share purchase offered to ex-FCA employees in the country. On November 10, the subscription price for Shares to Win 2023 was set at EUR 14.52 in France and Italy. The reference share price is equal to the average closing price of Stellantis shares on the Milano stock exchange between October 12 and November 8, 2023. This employee share purchase plan should be extended worldwide, starting in the first half of 2024 to 242,000 eligible employees in 18 countries, according to equivalent incentive guiding principles.