Stellantis NV (MEX:STLA)
MXN 400 0 (0%) Market Cap: 1.10 Til Enterprise Value: 756.17 Bil PE Ratio: 3.43 PB Ratio: 0.75 GF Score: 88/100

Stellantis NV Extraordinary Shareholders Meeting Transcript

Mar 08, 2021 / 01:00PM GMT
Release Date Price: MXN343.5
John Jacob Philip Elkann
Stellantis N.V. - Executive Chairman of the Board

I would like to welcome you to our first general meeting of shareholders of Stellantis N.V., which today has convened an extraordinary session to approve the Faurecia distribution.

Before we begin our formal business, I and all my colleagues at Stellantis, hope that you, your families and your friends are safe and well during this most difficult period.

We are holding today's meeting in our virtual-only format, giving the exceptional nature of our times. And considering that the global pandemic, unfortunately, is still affecting so many people and countries around the world. But I am pleased that you are able to join us, albeit, remotely.

This EGM is convened to vote on the proposal to make a distribution to the Stellantis shareholders of up to approximately 54 million Faurecia shares and cash. Resulting from the sale of shares held in Faurecia prior to the closing of the merger of up to approximately EUR 308 million. The Faurecia distribution is the only voting item on today's agenda. Before going

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