Core Points - The conference call is focused on the Iveco Group's fourth quarter and full year financial results for the period ending December 31, 2025 [1] - The call is hosted by Iveco Group's CEO Olof Persson and CFO Anna Tanganelli [3] Company Information - The call is being recorded and broadcast live on the company's website [2] - The company has provided a safe harbor statement regarding forward-looking statements made during the call, which are subject to risks and uncertainties [3] - Additional information regarding factors that could cause actual results to differ from forecasts is available in the company's most recent annual report and other filings [4]

Core Viewpoint - Iveco Group N.V. is planning a demerger to transfer its Defence Business to a newly formed entity, IDV Group N.V., with subsequent listing on Euronext Milan [1] Group 1: Demerger and Shareholder Meeting - An extraordinary general meeting (EGM) is scheduled for 25 March 2026 to approve the sale of the Defence Business to Leonardo S.p.A. and discuss an extraordinary interim dividend distribution estimated at €5.5-6.0 per common share [2][3] - If the sale transaction is not completed by 31 March 2026, the EGM will also consider a statutory demerger of Iveco Group, transferring the Defence Business to IDV Group [4] Group 2: Dividend and Transaction Conditions - The Board of Directors may remove the discussion of the interim dividend from the EGM agenda if the sale transaction is not completed by the specified date [5] - Conversely, if the sale transaction is completed or expected to be completed, the discussion of the demerger may also be removed from the agenda [5] Group 3: Company Overview - Iveco Group N.V. operates under several brands, including IVECO, FPT Industrial, IVECO BUS, HEULIEZ, IDV, ASTRA, and IVECO CAPITAL, employing 36,000 people globally with 19 industrial sites and 30 R&D centers [9]

Financial Disclosure Calendar - Iveco Group has announced its financial disclosure calendar for 2026, which includes key earnings release dates [2] - The earnings releases are scheduled for 12 February (Q4 2025 and preliminary annual results), 7 May (Q1 2026), 30 July (Q2 2026), and 5 November (Q3 2026) [2] Annual General Meeting - The Annual General Meeting to discuss and approve the Full Year Financial Statements is expected to take place in early June 2026 [4] - No ordinary annual cash dividend distribution is foreseen for FY2025 [4] Defence Business Separation - The corporate carve-out of the Defence Business (IDV and ASTRA brands) was completed in 2025, with regulatory approval processes ongoing [5] - An Extraordinary General Meeting to authorize the distribution of net proceeds from the sale of the Defence Business to Leonardo S.p.A. is expected in the second half of March 2026 [5] - The estimated extraordinary dividend remains between €5.5 and €6.0 per share, with payment anticipated in April 2026 [5] Spin-off Plans - If the sale to Leonardo S.p.A. is not completed by 31 March 2026, the company plans to complete a spin-off of the Defence Business through a statutory demerger [6] - The demerger proposal will be voted on at the Defence EGM as a precautionary measure [6] Tender Offer - A voluntary tender offer for issued common shares post-defence separation is expected to complete in the first half of 2026 [7] - The tender offer is conditional upon the separation of the Defence Business, with EGMs for Defence and the Tata Motors tender offer expected in March and early May 2026, respectively [7] Financial Performance - Preliminary and unaudited figures for Q4 and FY 2025 will be presented on 12 February 2026 [10] - The company anticipates that all financial targets will be met or slightly below guidance, except for Industrial Free Cash Flow, which is estimated at about €60 million, significantly below the previous guidance of €250 million - €350 million [11]

IVECO S-Way Autonomous Driving Truck with PlusAI The IVECO S-Way Autonomous Driving Truck developed together with PlusAI Turin, Italy / Santa Clara, CA, 12th January 2026. IVECO, the brand of Iveco Group N.V. (EXM: IVG) that designs, manufactures and markets light, medium and heavy commercial vehicles, announces a new programme with long-standing partner PlusAI, a global leader in AI-based virtual driver software for autonomous trucks. The two companies plan to launch the first deployment in Southern Eu ...

Core Viewpoint - PlusAI is expanding its partnership with IVECO to deploy Level 4 Autonomous Driving Systems in heavy-duty trucks in Southern Europe, marking a significant step in autonomous vehicle technology [1] Company Summary - PlusAI is recognized as a leader in AI software specifically designed for autonomous trucks [1] - IVECO is the commercial vehicle brand of Iveco Group N.V., indicating a strong presence in the commercial vehicle market [1] Industry Summary - The deployment of Level 4 Autonomous Driving Systems represents a major advancement in the autonomous driving sector, particularly for heavy-duty trucks [1] - The collaboration involves Spanish logistics operator Sesé and the Government of Aragon, highlighting the importance of partnerships in the logistics and transportation industry [1]

Group 1 - Iveco Group has received an 'A' rating in the climate change category of the 2025 CDP assessment, recognizing its leadership in corporate transparency and action on climate change [1] - The company also achieved an 'A-' rating in water security for 2025, both ratings showing improvement over the previous year [2] - Michele Ziosi, Chief Global Affairs & Sustainability Officer, emphasized that the 'A' rating validates the company's climate governance and transparency in disclosures [3] Group 2 - Iveco Group is committed to sustainable business practices and has set bold ESG targets in four areas: net zero carbon emissions, workplace and product safety, life cycle thinking, and inclusion and engagement [3] - The company operates seven major brands, including IVECO, FPT Industrial, IVECO BUS, HEULIEZ, IDV, ASTRA, and IVECO CAPITAL, employing 36,000 people globally [4]

Core Viewpoint - Iveco Group has made significant contributions to social impact initiatives globally in 2025, focusing on health, reducing inequality, and preserving biodiversity [1][2][11]. Group 1: Fostering Health and Wellbeing - The company supported the Fondazione Telethon NOF1 Project, which aims to diagnose ultrarare genetic diseases by identifying treatable mutations [3]. - In Ethiopia, Iveco Group aided the Gambella Town Primary Hospital by purchasing supplies to support pediatric and maternal health services [4]. Group 2: Reducing Inequality and Protecting Diversity - The 2025 edition of the Solidarity Cargo project in Brazil improved healthcare access and established an ophthalmology clinic offering free services to the local community [5]. - Iveco Group donated a food truck to the PizzAutobus project in Italy, which aims to create over 100 food trucks to generate approximately 500 permanent jobs for autistic individuals [6]. - The PRO-Jeunes project in Ivory Coast, in collaboration with Eni and the International Rescue Committee, provides training in automotive mechanics and solar energy to enhance employment opportunities for youth [7]. Group 3: Preserving Biodiversity - The Fishing for Litter campaign, in partnership with Ogyre, supports local fishers in collecting marine waste, with projects in Italy, Brazil, and Indonesia [8]. - The Cetacean Sanctuary Research Project received support from Iveco Group through the donation of marine engines for research vessels aimed at conserving marine life in the Mediterranean [9]. - In Tunisia, the Blu Radès project promotes sustainable fishing and resource management to protect the marine ecosystem while enhancing local fishing communities' entrepreneurial skills [10]. Group 4: Commitment to Impact Measurement - Iveco Group measures the impact of its initiatives to ensure they provide tangible benefits and contribute to sustainable community development [11].

IVECO GROUP N.V. IDV TRUCK ITALIAN ARMY Turin, 1st December 2025. IDV, the brand of Iveco Group (EXM: IVG) specialised in defence and civil protection equipment, will supply an additional 658 tactical-logistic trucks to the Italian Army, extending the original contract signed in 2024 for 1,453 vehicles (19th December 2024, IDV signs contract with the Italian Army to supply 1,453 tactical-logistic trucks | Iveco Group). The contract will renew and modernise the Italian Army’s fleet of tactical-logistic ...

Core Insights - FPT, a brand of Iveco Group N.V., has signed long-term contracts with three multinational agricultural equipment manufacturers: SDF, JCB, and Lindner, during Agritechnica 2025 [1] - FPT's engines have been recognized in multiple categories at Agritechnica, with three tractors awarded Tractor of the Year [2] Group 1: Contracts and Partnerships - FPT signed an agreement with SDF for the supply of high-performance N67 engines for the DEUTZ-FAHR 8 series TTV tractor range [3] - JCB selected FPT's N67 engine for its Fastrac 6000 series tractors, emphasizing fuel efficiency and low operating costs [4] - Lindner will utilize FPT's N45 engines for its Lintrac 160 LDrive tractors, marking it as the company's most powerful tractor to date [4] Group 2: Industry Recognition - FPT's CURSOR 9 engine powered the Claas Axion 9.450 Terra Trac, awarded the 2026 HighPower Tractor of the Year [2] - The New Holland T4.120 F Auto Command, equipped with FPT's F36 engine, received the 2026 Specialised Tractor of the Year award [2] - The JCB New Fastrac 6300, powered by FPT's N67 engine, was recognized as the 2026 Sustainable Tractor of the Year [2] Group 3: Company Overview - FPT is the largest independent powertrain manufacturer for agricultural equipment, powering over 110,000 new vehicles annually [5] - In Europe, FPT engines are used in one out of every three tractors and two out of five combines [5] - Iveco Group N.V. employs 36,000 people globally and operates 19 industrial sites and 30 R&D centers [6]

Core Insights - IVECO BUS has signed three framework agreements with Île-de-France Mobilités to supply up to 4,000 low- and zero-emission buses and coaches from 2026 to 2032, aligning with the company's strategy for zero-emission and electromobility solutions [1][4] Group 1: Agreements and Vehicle Models - The agreements involve three specific bus models: 12-metre GX 337 ELEC electric buses, 12- and 18-metre URBANWAY Compressed Natural Gas buses, and 12-metre interurban CROSSWAY Compressed Natural Gas buses, all compatible with biomethane from waste [2] - The contracts are managed by the Public Transport Procurement Organisation (CATP), indicating a structured approach to public transport procurement [2] Group 2: Environmental and Technological Impact - IVECO BUS will contribute to one of the largest bus and coach renewal plans globally, focusing on alternative propulsion vehicles that offer significant environmental benefits [3] - The new buses will be equipped with Advanced Driver Assistance Systems (ADAS) to enhance safety and comfort for drivers, passengers, and residents [3] Group 3: Strategic Goals and Leadership Statements - The collaboration with Île-de-France Mobilités aims to decarbonize public transport, with a goal of achieving Net Zero Carbon by 2040 through electric and biomethane solutions [4] - The President of Île-de-France Mobilités emphasized the initiative to convert all buses and coaches in the region to clean energy, marking a significant step towards carbon neutrality and improved passenger comfort [5]