On February 22, 2023, Stellantis announced a Share Buyback Program (the “Program”) of up to €1.5 billion, to be executed on the market with the intent to subsequently cancel the common shares acquired through the Program.

Following completion of the first two tranches of €500 million each, on September 11, 2023 the Company announced the signature of a share buyback agreement with an independent investment firm that makes its trading decisions concerning the timing of purchases independently of Stellantis. This agreement covers a maximum repurchase amount of up to €500 million. The third tranche of the Program commenced on September 11, 2023 and will end no later than December 11, 2023. 

The Program is being carried out under the authority granted by shareholders at the general meeting held on April 13, 2023, which may be renewed or extended, up to a maximum of 10% of the Company’s capital.