Dividend Distribution Info

A: Payment of the cash distribution was conditioned upon the further announcement by FCA NV that all required corporate steps in preparation for completion of the Merger had been taken and the distribution had become unconditional. Absent such announcement, no distribution would have been payable.

Following FCA NV’s announcement on January 13, 2021, the cash distribution has become unconditional and will be paid to shareholders of FCA NV as of the close of business on the record date, January 15, 2021.

A: Because FCA NV is incorporated in the Netherlands, 15% Dutch withholding tax applies to dividends paid by FCA NV to Dutch tax resident shareholders except Dutch tax resident corporate shareholders who own more than 5% of FCA NV’s share capital.

A: No, US and other non-Dutch resident shareholders are not subject to Dutch withholding tax. However, unless tax residency information is submitted by your stockbroker or other financial intermediary as requested by GlobeTax by January 22, 2021, 15% of the dividend will be subject to holdback with respect to DTC shareholders and only paid after the appropriate information, including tax residency, has been provided by the shareholder’s broker or other financial intermediary as requested by GlobeTax as discussed below.

A: Italian tax resident individual shareholders who hold their shares through Monte Titoli and who do not qualify for reduction or exemption under Italian law are generally subject to 26% Italian withholding tax. Italian tax resident shareholders who hold their shares through the Depository Trust Company (“DTC”) must self-assess and pay any applicable Italian tax unless an Italian-based financial intermediary is responsible to withhold Italian tax.

A: Dutch tax resident shareholders will receive the dividend net of 15% Dutch withholding tax, on January 29, 2021. Dutch tax resident corporate shareholders who own more than 5% of FCA NV’s share capital are not subject to Dutch withholding tax and will receive 100% of the dividend on January 29, 2021.

For non-Dutch tax resident DTC shareholders, if tax residency information is submitted by your stockbroker or other financial intermediary as requested by GlobeTax by January 22, 2021, you will receive 100% of the dividend on January 29, 2021 and avoid a 15% holdback. If tax residency information is not provided to GlobeTax by January 22, 2021, non-Dutch tax resident DTC shareholders will receive 85% of the dividend on January 29, 2021 and the remaining 15% of the dividend will be subject to holdback and paid only after necessary information is submitted by your stockbroker or other financial intermediary as requested by GlobeTax (see below for submission of required information to GlobeTax and timing of payment of any holdback).

Italian tax resident Monte Titoli individual shareholders will receive the dividend, net of 26% Italian withholding tax (unless an Italian withholding tax reduction or exemption applies) on January 29, 2021.

All other Monte Titoli shareholders will receive 100% of the dividend on January 29, 2021.

A: Shares held by DTC are generally traded on the New York Stock Exchange. Shares held by Monte Titoli are generally traded on Borsa Italiana. Please contact your depositary bank, stockbroker or other financial intermediary to obtain this information with respect to your FCA NV shares.

A: Stockbrokers and other financial intermediaries will be required to provide to GlobeTax, by January 22, 2021, 8 pm EST, each DTC shareholder’s name, address, country of residence, tax identification number and share position in order to receive 100% of the dividend on January 29, 2021 and avoid 15% holdback (refer to the attached Notice for the instructions to submit the requested information to GlobeTax). Individual DTC shareholders should not submit any information directly to GlobeTax.

A: Stockbrokers and other financial intermediaries will be required to provide GlobeTax with each DTC shareholder’s name, address, country of residence, tax identification number and share position in order to process payment of the 15% holdback (refer to the attached Notice for the instructions to submit the requested information to GlobeTax). Individual DTC shareholders should not submit any information directly to GlobeTax.

A: The first deadline to submit information to GlobeTax is February 12, 2021, 8 pm EST with payment of the 15% holdback in February 2021. The second deadline to submit information to GlobeTax is March 12, 2021, 8 pm EST with payment of the 15% holdback in March 2021. If the proper information is not submitted by the second deadline, then a longer process will apply and it may take longer to process payment of the 15% holdback. In any case, the proper information should be submitted no later than October 31, 2026.

Payment of the 15% holdback will follow the same process of the dividend distribution according to your broker or bank policy.

Please contact your depositary bank, stockbroker or other financial intermediary for further details.

A: Yes, the information is required to be submitted by the stockbrokers and financial intermediaries of DTC shareholders for each dividend.

A: We have provided multiple deadlines for the submission of information to GlobeTax to provide applicable shareholders with the opportunity to avoid the 15% holdback or to receive payment of the 15% holdback as soon as possible.

A: You will not receive payment of the 15% cash holdback. You should contact your stockbroker or other financial intermediary and urge them to provide the requested information, including your tax residency, to GlobeTax.

A: Shareholders holding the Company’s common shares on the record date (January 15, 2021) that are traded on Borsa Italiana will receive the dividend in Euro.

Shareholders holding the Company’s common shares on the record date (January 15, 2021) that are traded on the NYSE will receive the dividend in U.S. dollars at the official EUR/USD exchange rate reported by the European Central Bank on January 13, 2021.

A: Non-Dutch shareholders holding shares through the DRS will receive 100% of the dividend on January 29, 2021, without the 15% cash holdback.

A: Shareholders of FCA NV as of the close of business on the record date (January 15, 2021) are entitled to receive the dividend and the potential payment of the 15% holdback if applicable and eligible.

A: The dividend is distributed from existing reserves available for distribution.

A: DTC shareholders should refer to the attached Notice for further information. Monte Titoli shareholders should contact their tax advisor and depositary bank, stockbroker or other financial intermediary.

A: Because FCA NV is incorporated in the Netherlands, 15% Dutch withholding tax applies to dividends paid by FCA NV to Dutch tax resident shareholders except Dutch tax resident corporate shareholders who own more than 5% of FCA NV’s share capital.

A: No, US and other non-Dutch resident shareholders are not subject to Dutch withholding tax. However, unless tax residency information is submitted by your stockbroker or other financial intermediary as requested by GlobeTax by May 23, 2019, 15% of the dividend will be subject to holdback with respect to DTC shareholders and only paid after the appropriate information including tax residency has been provided by the shareholder’s broker or other financial intermediary as requested by GlobeTax as discussed below.

A: Italian tax resident individual shareholders who hold their shares through Monte Titoli and who do not qualify for reduction or exemption under Italian law are generally subject to 26% Italian withholding tax. Italian tax resident shareholders who hold their shares through the Depository Trust Company (“DTC”) must self-assess and pay any applicable Italian tax unless an Italian-based financial intermediary is responsible to withhold Italian tax.

A: Dutch tax resident shareholders will receive the dividend net of 15% Dutch withholding tax, on May 30, 2019. Dutch tax resident corporate shareholders who own more than 5% of FCA NV’s share capital are not subject to Dutch withholding tax and will receive 100% of the dividend on May 30, 2019.

For non-Dutch tax resident DTC shareholders, if tax residency information is submitted by your stockbroker or other financial intermediary as requested by GlobeTax by May 23, 2019, you will receive 100% of the dividend on May 30, 2019 and avoid a 15% holdback. If tax residency information is not provided to GlobeTax by May 23, 2019, non-Dutch tax resident DTC shareholders will receive 85% of the dividend on May 30, 2019 and the remaining 15% of the dividend will be subject to holdback and paid only after necessary information is submitted by your stockbroker or other financial intermediary as requested by GlobeTax (see below for submission of required information to GlobeTax and timing of payment of any holdback).

Italian tax resident Monte Titoli individual shareholders will receive the dividend, net of 26% Italian withholding tax (unless an Italian withholding tax reduction or exemption applies) on May 30, 2019.

All other Monte Titoli shareholders will receive 100% of the dividend on May 30, 2019.

A: Shares held by DTC are generally traded on the New York Stock Exchange. Shares held by Monte Titoli are generally traded on Borsa Italiana. Please contact your depositary bank, stockbroker or other financial intermediary to obtain this information with respect to your FCA NV shares.

A: Stockbrokers and other financial intermediaries will be required to provide to GlobeTax, by May 23, 2019, 8 pm EDT, each DTC shareholder’s name, address, country of residence, tax identification number and share position in order to receive 100% of the dividend on May 30, 2019 and avoid 15% holdback (refer to the attached Notice for the instructions to submit the requested information to GlobeTax). Individual DTC shareholders should not submit any information directly to GlobeTax.

A: Stockbrokers and other financial intermediaries will be required to provide GlobeTax with each DTC shareholder’s name, address, country of residence, tax identification number and share position in order to process payment of the 15% holdback (refer to the attached Notice for the instructions to submit the requested information to GlobeTax). Individual DTC shareholders should not submit any information directly to GlobeTax.

A: The first deadline to submit information to GlobeTax is June 11, 2019, 8 pm EDT with payment of the 15% holdback in June 2019. The second deadline to submit information to GlobeTax is July 12, 2019, 8 pm EDT with payment of the 15% holdback in July 2019. If the proper information is not submitted by the second deadline, then a longer process will apply and it may take longer to process payment of the 15% holdback. In any case, the proper information should be submitted no later than March 1, 2022.

Payment of the 15% holdback will follow the same process of the dividend distribution according to your broker or bank policy.

Please contact your depositary bank, stockbroker or other financial intermediary for further details.

A: Yes, the information is required to be submitted by the stockbrokers and financial intermediaries of DTC shareholders for each dividend.

A: We have provided multiple deadlines for the submission of information to GlobeTax to provide applicable shareholders with the opportunity to avoid the 15% holdback or to receive payment of the 15% holdback as soon as possible.

A: You will not receive payment of the 15% cash holdback. You should contact your stockbroker or other financial intermediary and urge them to provide the requested information including your tax residency to GlobeTax.

A: Shareholders holding the Company’s common shares on the record date that are traded on Borsa Italiana will receive the dividend in Euro.

Shareholders holding the Company’s common shares on the record date that are traded on the NYSE will receive the dividend in U.S. dollars at the official EUR/USD exchange rate reported by the European Central Bank on May 16, 2019.

A: Non-Dutch shareholders holding shares through the DRS will receive 100% of the dividend on May 30, 2019, without the 15% cash holdback.

A: Shareholders of FCA NV on the record date (May 21, 2019) are entitled to receive the dividend and the potential payment of the 15% holdback if applicable and eligible.

A: The dividend is distributed from existing reserves.

A: DTC shareholders should refer to the attached Notice for further information. Monte Titoli shareholders should contact their tax advisor and depositary bank, stockbroker or other financial intermediary.