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Stellantis Broadens Employee Share Purchase Plan to Nearly Entire Global Workforce

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Stellantis has launched the second wave of its 'Shares to Win' employee share purchase plan in 18 countries, extending the opportunity to more than 230,000 employees worldwide. The program, running from November 5 to November 14, 2024, offers employees preferential terms to become shareholders:

- 20% discount on the reference share price
- Matching contribution of 100% of the personal amount invested, up to €1,000
- No minimum subscription amount in most countries

This initiative builds on the success of the first wave launched in late 2023 in France and Italy, which saw a 22% participation rate and 4.4 million shares subscribed. Stellantis aims to increase employee ownership from the current 1.8% to 5% of its capital in the coming years, aligning with its Dare Forward 2030 plan's 'Care' pillar.

Stellantis ha avviato la seconda fase del suo piano di acquisto azionario 'Shares to Win' in 18 paesi, offrendo l'opportunità a più di 230.000 dipendenti in tutto il mondo. Il programma, che si svolgerà dal 5 novembre al 14 novembre 2024, offre ai dipendenti condizioni favorevoli per diventare azionisti:

- 20% di sconto sul prezzo di riferimento delle azioni
- Contributo matching del 100% dell'importo personale investito, fino a €1.000
- Nessun importo di sottoscrizione minimo nella maggior parte dei paesi

Questa iniziativa si basa sul successo della prima fase lanciata alla fine del 2023 in Francia e Italia, che ha registrato un 22% di partecipazione e 4,4 milioni di azioni sottoscritte. Stellantis mira ad aumentare la proprietà azionaria dei dipendenti dall'attuale 1,8% al 5% del proprio capitale nei prossimi anni, in linea con il 'Care' del piano Dare Forward 2030.

Stellantis ha lanzado la segunda fase de su plan de compra de acciones para empleados 'Shares to Win' en 18 países, extendiendo la oportunidad a más de 230,000 empleados en todo el mundo. El programa, que se llevará a cabo del 5 al 14 de noviembre de 2024, ofrece a los empleados condiciones preferenciales para convertirse en accionistas:

- 20% de descuento sobre el precio de referencia de la acción
- Contribución equivalente del 100% del monto invertido personalmente, hasta €1,000
- Sin importe mínimo de suscripción en la mayoría de los países

Esta iniciativa se basa en el éxito de la primera fase lanzada a finales de 2023 en Francia e Italia, que vio una tasa de participación del 22% y 4.4 millones de acciones suscritas. Stellantis tiene como objetivo aumentar la propiedad de los empleados del actual 1.8% al 5% de su capital en los próximos años, alineándose con el pilar 'Care' del plan Dare Forward 2030.

스텔란티스는 'Shares to Win' 직원 주식 구매 계획의 두 번째 단계를 18개국에서 시작하며, 전 세계적으로 230,000명 이상의 직원에게 기회를 확대합니다. 이 프로그램은 2024년 11월 5일부터 11월 14일까지 진행되며, 직원들에게 주주가 될 수 있는 유리한 조건을 제공합니다:

- 주가 기준 20% 할인
- 개인 투자 금액의 100%에 해당하는 매칭 기여금, 최대 €1,000까지
- 대부분의 국가에서 최소 구독 금액 없음

이 이니셔티브는 2023년 말 프랑스와 이탈리아에서 시작된 첫 번째 파문의 성공을 기반으로 하며, 22%의 참여율440만 주가 구독되었습니다. 스텔란티스는 향후 몇 년 내에 직원 소유권을 현재 1.8%에서 5%로 증가시키는 것을 목표로 하고 있으며, 이는 Dare Forward 2030 계획의 'Care' 기둥에 부합합니다.

Stellantis a lancé la deuxième vague de son plan d'achat d'actions pour les employés 'Shares to Win' dans 18 pays, offrant l'opportunité à plus de 230 000 employés dans le monde entier. Le programme, qui se déroule du 5 au 14 novembre 2024, propose aux employés des conditions préférentielles pour devenir actionnaires :

- 20% de réduction sur le prix de référence de l'action
- Contribution équivalente de 100% du montant personnel investi, jusqu'à 1 000 €
- Pas de montant d'abonnement minimum dans la plupart des pays

Cette initiative s'appuie sur le succès de la première vague lancée à la fin de 2023 en France et en Italie, qui a enregistré un taux de participation de 22% et 4,4 millions d'actions souscrites. Stellantis vise à augmenter la propriété des employés de l'actuel 1,8% à 5% de son capital dans les années à venir, conformément au pilier 'Care' de son plan Dare Forward 2030.

Stellantis hat die zweite Welle seines Mitarbeiteraktienkaufplans 'Shares to Win' in 18 Ländern gestartet und damit mehr als 230.000 Mitarbeiter weltweit die Möglichkeit gegeben. Das Programm, das vom 5. bis 14. November 2024 läuft, bietet den Mitarbeitern bevorzugte Konditionen, um Aktionäre zu werden:

- 20% Rabatt auf den Referenzaktienkurs
- Matching-Beitrag von 100% des persönlich investierten Betrags, bis zu 1.000 €
- In den meisten Ländern keine Mindestzeichnungssumme

Diese Initiative baut auf dem Erfolg der ersten Welle auf, die Ende 2023 in Frankreich und Italien gestartet wurde und eine 22%ige Teilnahmequote sowie 4,4 Millionen gezeichnete Aktien verzeichnete. Stellantis strebt an, den Mitarbeiteranteil von derzeit 1,8% auf 5% des Kapitals in den kommenden Jahren zu erhöhen, was mit dem 'Care'-Pfeiler des Dare Forward 2030 Plans übereinstimmt.

Positive
  • Expansion of employee share purchase plan to 18 countries, reaching over 230,000 employees
  • 20% discount on reference share price for employees
  • 100% matching contribution up to €1,000 on personal investment
  • 22% participation rate in the first wave, with 4.4 million shares subscribed
  • Goal to increase employee ownership from 1.8% to 5% of company capital
Negative
  • None.

Insights

Stellantis' expansion of its employee share purchase plan is a strategic move to align employee interests with company performance. The program's attractive terms, including a 20% discount and €1,000 matching contribution, could significantly boost employee participation beyond the 22% seen in the initial wave.

This initiative aims to increase employee ownership from 1.8% to 5% of capital, potentially improving employee engagement and productivity. However, the 14 million shares offered represent about 0.4% of Stellantis' outstanding shares, indicating a modest dilution impact.

While this program may not have an immediate material impact on financials, it could enhance long-term value creation through improved employee alignment and retention. Investors should monitor the uptake rate and its effect on employee productivity and company performance over time.

The expansion of Stellantis' 'Shares to Win' program is a significant development in employee engagement and compensation strategy. By offering ownership to over 230,000 employees across 18 countries, Stellantis is fostering a culture of shared success and long-term commitment.

The program's structure, with no minimum subscription and a generous matching contribution, makes it accessible to employees at all levels. This inclusivity can boost morale and create a sense of belonging, potentially reducing turnover and increasing productivity.

However, the success of such programs often depends on sustained share price performance. If the stock underperforms, it could lead to employee dissatisfaction. Stellantis will need to balance this initiative with clear communication about market risks and company performance to manage expectations effectively.

Stellantis Broadens Employee Share Purchase Plan to Nearly Entire Global Workforce

  • Program builds on the success of first wave launched at the end of 2023 in France and Italy

  • Opportunity for more than 230,000 employees to become shareholders on preferential terms: 20% discount on the share price and a matching contribution of 100% of the personal amount invested, up to €1,000

  • Strong incentive for employees to share in the creation of value, supporting Stellantis’ ambition to reach an initial threshold of 5% of capital held by its employees

AMSTERDAM, October 14, 2024 – Today, Stellantis launched the second wave of ‘Shares to Win’ in 18 countries, reaching nearly all Stellantis employees worldwide (more than 230,000). Building on the success (22% of eligible employees participated; 4.4 million shares subscribed) of the initial wave of its ‘Shares to Win’ employee share purchase plan launched in late 2023 in France and Italy, nearly all eligible Stellantis employees can now subscribe to the ‘Shares to Win’ employee share purchase plan between November 5 and November 14, 2024, up to a total of 14 million shares.

‘Shares to Win’ gives employees the opportunity to become Stellantis shareholders on preferential terms:

  • No minimum subscription amount or from one share subscribed (depending on the countries)
  • 20% discount on the reference share price (equal to the average closing price of the Stellantis share on the Milan stock exchange between September 30 and October 25, 2024)
  • A matching contribution of 100% of the personal amount invested, up to a maximum of €1,000*

“We believe that when our colleagues, who work to build the business become shareholders, both our employees and the business thrive,” said Xavier Chéreau, Stellantis Chief HR & Transformation Officer. “Our share purchase program helps employees build a greater sense of ownership and belonging and demonstrates Stellantis’ commitment to sharing its performance with employees.”

Currently, employees hold 1.8%** of Stellantis’ capital. The second wave of this incentive program aims to increase this to 5% in the coming years.

Since its creation in early 2021, Stellantis has been committed to involving its employees in the Company’s performance as part of the “Care” pillar outlined in its Dare Forward 2030 plan.

###

About Stellantis

Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world’s leading automakers aiming to provide clean, safe and affordable freedom of mobility to all. It’s best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net zero mobility tech company by 2038, with single-digit percentage compensation of the remaining emissions, while creating added value for all stakeholders. For more information, visit www.stellantis.com.

 @StellantisStellantisStellantis Stellantis

For more information, contact:

Fernão SILVEIRA +31 6 43 25 43 41 – fernao.silveira@stellantis.com

communications@stellantis.com
www.stellantis.com

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FAQ

When is the second wave of Stellantis' 'Shares to Win' program taking place?

The second wave of Stellantis' 'Shares to Win' employee share purchase plan is taking place from November 5 to November 14, 2024.

What discount do Stellantis (STLA) employees receive on share purchases in the 'Shares to Win' program?

Stellantis (STLA) employees receive a 20% discount on the reference share price in the 'Shares to Win' program.

How much does Stellantis match employee contributions in the share purchase plan?

Stellantis matches 100% of the personal amount invested by employees, up to a maximum of €1,000.

What percentage of Stellantis' capital is currently held by employees?

Currently, employees hold 1.8% of Stellantis' capital.

What is Stellantis' target for employee ownership of company shares?

Stellantis aims to increase employee ownership to 5% of its capital in the coming years.

Stellantis N.V.

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