Lijnden, January 17, 2021
Stellantis’ new name and management come into effect
Stellantis NV (NYSE / MTA / Euronext Paris: STLA) today (“Stellantis”) announced today, following the completion of the merger of Peugeot SA (“Groupe PSA”) and Fiat Chrysler Automobiles NV (“FCA”). January 16, 2021, today the company was renamed Stellantis, the Stellantis Board of Directors was hired, and the Articles of the Stellantis Society became effective.
As previously mentioned, the Stellantis Board of Directors consists of two executive directors, John Elkann (Chairman) and Carlos Tavares (Chief Executive Officer), and the following nine non-executive directors, Robert Peugeot (Vice-Chairman) , Henri de Castries (Independent Chief Executive, acting as the voorzitter under Dutch law), Andrea Agnelli, Fiona Clare Cicconi, Nicolas Dufourcq, Ann Frances Godbehere, Wan Ling Martello, Jacques de Saint-Exupéry, and Kevin Scott.
In addition, the Stellantis Board of Directors today appointed an Audit Committee, a Remuneration Committee and a Governance and Sustainability Committee with the following writings. Audit Committee: Ann Godbehere (chair), Wan Ling Martello and Henri De Castries. Remuneration Committee: Wan Ling Martello (chair), Andrea Agnelli, Henri De Castries, Fiona Cicconi and Robert Peugeot. Governance and Sustainability Committee: Henri De Castries (chair), Andrea Agnelli, Fiona Cicconi, Nicolas Dufourcq and Kevin Scott.
Mu Stellantis
Stellantis is one of the world’s leading traders and mobility providers, guided by a clear vision: to offer freedom of movement with unique mobility solutions, at an affordable and reliable price. In addition to the organization ‘s rich heritage and extensive geographic presence, the greatest strengths are in the sustainable performance, depth of knowledge and broad talents of employees working across the globe. Stellantis will benefit from their extensive and iconic brand portfolio, established by spectators who have entered the parades with a passion and competitive spirit that speaks to employees and customers alike. Stellantis aims to be the largest, not the largest and at the same time create added value for all stakeholders as well as the communities in which it operates.
For more information contact:
www.stellantis.com
STATEMENTS REQUIRED
There are positive statements in this communication. In particular, these forward-looking statements include statements of future financial performance and the combined expectations of the group (the “Group”) as a result of the merger of FCA and Groupe PSA in respect of the performance of certain meters. targeted at any time in the future or for any time in the future are positive statements. These statements may include terms such as “may”, “will”, “expected”, “could”, “should”, “expected”, “estimated”, “expected” , “Believe”, “stay”, “on the way”, “Plan”, “target”, “goal”, “goal”, “predict”, “predict”, “anticipate” , “Expectations”, “plan”, or similar terms. Forward-looking statements are not promises of future performance. Instead, they are based on the Group’s current experience, future expectations and projections of future events and are by gender, subject to risks and uncertainty. They are related to events and dependent on situations that may or may not occur in the future and, therefore, should not involve undue reliance.
Actual results may differ significantly from those reported in forward-looking statements due to a number of factors, including: the impact of COVID-19 pandemic disease, the potential Successfully launch new product group and maintain vehicle load volumes; changes in global financial markets, the wider economic environment and changes in demand for cycle-controlled car products; changes in local economic and political conditions, changes in trade policy and the imposition of global and regional taxes or tariffs aimed at the car industry, the enactment of tax reforms or other changes in tax laws and regulations; the Group’s ability to expand some of its logos globally; its ability to offer innovative, engaging products; its ability to develop, manufacture and sell vehicles with advanced features including improved electrification, connectivity and autonomous driving features; various types of claims, litigation, government investigations and other emergency cases, including product claims and product warranties and environmental claims, investigations and litigation; material operating expenditure in relation to compliance with environmental, health and safety regulations; the intense level of competition in the car industry, which may increase as a result of consolidation; reflect deficiencies in the funding of the Agency’s defined benefit pension plans; the ability to provide appropriate access or financing to retailers and customers and the risks associated with the establishment and operation of financial services companies; the ability to access funding to implement the Group’s business plans and businesses, improve financial position and operational results; a major breach, disruption or breach of security affecting the information technology or electronic control systems of the Agency’s vehicles; the Group’s ability to deliver the benefits expected from a joint venture arrangement; conflicts arising from political, social and economic instability; risks associated with our relationships with employees, vendors and suppliers; cost increases, supply disruptions or raw material shortages; improvements in working and business relationships and improvements in relevant labor law; exchange rate fluctuations, interest rate fluctuations, credit risk and other market risks; political and civil unrest; earthquakes or other disasters; the risk that the work of Groupe PSA and FCA will not be successfully integrated and other risks and uncertainties.
Forward-looking statements in this communication speak directly from the date of this document and the Group disclaims any responsibility for updating publicly forward-looking statements or review. Further information about the Group and its businesses, including factors that could materially affect the Group’s financial results, has been included in FCA reports and films by the U.S. Securities and Exchange Commission, ( including the registration statement on Form F-4 issued effective by the SEC on November 20, 2020) AFM and CONSOB and PSA films by the AMF.
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20210117_PR_Stellantis_Governance_ENG