Stellantis Half-Year Report 2023

Stellantis Posts Strong Growth and Sets New Records in Net Revenues, AOI⁽¹⁾ and Net Profit in the First Half of 2023

• Net revenues of €98.4 billion, up 12% compared to H1 2022 primarily due to higher shipments
• Adjusted operating income of €14.1 billion, up 11% compared to H1 2022^(*), with strong 14.4% margin
• Net profit of €10.9 billion, up 37% compared to H1 2022
• Industrial free cash flows of €8.7 billion, up €3.3 billion compared to H1 2022
• Record results enable continued strategic investments to drive a sustainable road to Carbon Net Zero transformation
• Global BEV and LEV sales up 24% y-o-y to 169 thousand units and up 28% y-o-y to 315 thousand units, respectively
• Stellantis ranked third in EU30 overall BEV sales; second in the U.S. market for LEV sales
• The company repurchased €0.7 billion in shares in the first half of 2023, and expects to complete the announced €1.5 billion share buyback program before the end of 2023