Strong investment performance and active roll-out of our strategy

• A strong performance for Investments (14.1% increase excluding the currency effect), led by the growth of our listed Shareholdings.

• A 20% decrease for Stellantis in 2025, with a further decline in the beginning of 2026.

• €181 million of negative currency effect, mainly due to the weakening of the US dollar.

• Net Asset Value: €169.2 per share at 31 December 2025, representing a 5.6% decline (including dividends).

• Effective roll-out of the new investment strategy, based on a more concentrated and sector-focused approach.

• Significant rotation of our portfolio in 2025, with €667 million in divestment proceeds and €432 million worth of investments, a continued pace in Q1 2026 with the full exit from LISI and a new investment in Total Mobile/Solvares.

• Robust financial structure, with net debt reduced to €376 million, providing resilience and flexibility in an unsettled environment.

• Stable dividend at €3.25 per share, reflecting Peugeot Invest's policy of regularly paying a dividend over the long term.

Edouard Peugeot, Chairman of the Board of Directors, commented “In a mixed market environment, with a particularly challenging year for the automotive industry, our business model demonstrated its resilience. The robust investment performance underpins the pertinence of Peugeot Invest’s diversification strategy.”

Jean-Charles Douin, Chief Executive Officer of Peugeot Invest and Sébastien Coquard, Deputy Chief Executive Officer of Peugeot Invest said “We immediately began rolling out the strategic roadmap. This led to high value-creating divestments, a refocused investment funds portfolio, and new investments in our core sectors which are drivers of future growth. Our active portfolio rotation has enabled us to embark on 2026 with a robust financial structure giving us substantial investment capacity.”