Stellantis’ Employee Share Purchase Plan Raises €94.5 Million, Engaging Workforce Globally

Stellantis successfully launched its second Employee Share Purchase Plan, enabling 15% of its global workforce to buy shares.

Program Overview and Participation

The ‘Shares to Win’ initiative allowed nearly all of Stellantis’s over 230,000 employees to invest in company shares. This latest round, introduced in November 2024, attracted around €94.5 million in employee investments, resulting in the purchase of 9.7 million shares. Employees benefitted from a 20% discount on the share price, plus a company matching contribution up to €1,000. This initiative reflects employee confidence in Stellantis’s future and aims to foster pride and unity within the organization. On average, individual contributions were about €1,960, with the subscription price set at €9.74 per share based on recent market performance.

Positive Aspects of the Initiative

• The completion of the second round of the Employee Share Purchase Plan was marked by the subscription of 9.7 million shares, showcasing strong employee engagement and confidence.
• Nearly the entire global workforce participated in the Shares to Win program, promoting inclusivity and boosting morale across 18 countries.
• Employees enjoyed attractive terms, including a 20% share price discount and a full matching contribution, which fostered loyalty and financial commitment to Stellantis.
• This initiative emphasizes Stellantis’s commitment to sharing value with employees, which strengthens corporate culture and aligns employee interests with the company’s success.

Concerns Surrounding Participation

• Participation was limited to only 15% of eligible employees in the 2024 plan, indicating possible disengagement or lack of enthusiasm for the stock.
• The need for significant incentives, such as discounts and matching contributions, raises questions about overall employee confidence in the company’s performance.
• The substantial 20% discount could suggest concerns regarding stock stability, which may negatively affect investor perceptions.

Frequently Asked Questions

What is the Stellantis Employee Share Purchase Plan?

The Stellantis Employee Share Purchase Plan, labeled ‘Shares to Win’, allows employees to buy shares at a discounted rate.

What was the total investment in Shares to Win 2024?

Employees invested about €94.5 million in the subscription of 9.7 million shares.

What discounts do employees receive in the plan?

Participants receive a 20% discount on share price along with a matching contribution from Stellantis, up to €1,000.

Who is eligible for the Shares to Win program?

The program is available to nearly all Stellantis employees worldwide, which exceeds 230,000 individuals.

When was the Shares to Win plan launched?

The second round of the Shares to Win initiative began in November 2024.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model summarizing this release may have errors. Read the full release here.

Full Release Details

Stellantis Completes Second Round of Employee Share Purchase Plan for Global Employees

• Employees invested in 9.7 million shares, totaling around €94.5 million.
• The new edition of Shares to Win, launched in November, was extended to almost the entire global workforce.
• Employees benefitted from a 20% discount on share price and a matching contribution, enhancing employee investment participation.

In Amsterdam, December 19, 2024 – Following its initial success in 2023 with employees in Italy and France, Stellantis has expanded the ‘Shares to Win’ program to include more than 230,000 employees across 18 countries. This initiative provides employees the opportunity to become shareholders under favorable conditions.

‘Shares to Win 2024’ attracted nearly €94.5 million in total investments; €65.2 million came from individual contributions and €29.3 million from Stellantis matching those investments. This results in an addition of around 9.7 million shares held by employees.

“The success of this second edition of Shares to Win shows our employees’ confidence in our sustainable future,” stated Xavier Chéreau, Chief Human Resources Officer. “By broadening this plan to our entire global workforce, we are reinforcing our dedication to value sharing and unity at Stellantis.”

Globally, only about 15% of eligible employees participated in Shares to Win 2024, with individuals investing roughly €1,960.

The favorable terms also include:

– No minimum subscription, available even from one share depending on the countries.

– A 20% discount on the reference share price, with a subscription price set at €9.74 per share.

The reference price reflects the average closing price of Stellantis shares on the Milan stock exchange from September 30 to October 25, 2024.

– A company matching contribution of up to €1,000, equivalent to a maximum of 102 shares available through this plan.

Since its inception in early 2021, Stellantis remains committed to involving its workforce in the company’s outcomes as part of the “Care” pillar within its Dare Forward 2030 strategic framework.

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About Stellantis

Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is a leading automaker striving to provide clean, safe, and accessible mobility. The company is recognized for its diverse portfolio of legendary brands, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move, and Leasys. Stellantis aims to realize its Dare Forward 2030 plan, which seeks to achieve carbon net-zero emissions in mobility by 2038, while also benefiting all stakeholders. For more information, visit www.stellantis.com.

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