FCA and Groupe PSA merger approved by shareholders

Fiat Chrysler Automobiles and Peugeot S.A. announce that their respective shareholders meetings have approved the merger of FCA and Groupe PSA to create Stellantis N.V. by an overwhelming majority.

The shareholders of FCA also approved merger related matters, including adoption of the Stellantis' Articles of Association and appointment of the previously announced members of the Board of Directors of Stellantis, in each case effective as of the date following completion of the merger.

Following the approval by shareholders and receipt of the final regulatory clearances over the course of the last month, including notably from the European Commission and the European Central Bank, FCA and Groupe PSA expect to complete the merger on 16 January 2021.

Stellantis' common shares will begin trading on the Euronext in Paris and on Mercato Telematico Azionario in Milan on 18 January 2021, and on the New York Stock Exchange on 19 January 2021.