#1LEASYS INVESTOR PRESENTATION - JULY 2023,#2DISCLAIMER By opening this presentation and/or attending the meeting where this presentation is made, you agree to be bound by the following limitations and restrictions. This presentation is solely for use in connection with a proposed offering (the "Offering") of securities of Leasys S.p.A.. It does not constitute, and should not be construed as, any offer for sale or subscription of, or solicitation or invitation of any offer to buy or subscribe for, any securities of Leasys S.p.A. or any of its subsidiaries (together, "Leasys") in any jurisdiction or an inducement to enter into investment activity, nor should this presentation or any part of it form the basis of, or be relied on in connection with, any contract or commitment whatsoever. This presentation is an advertisement and does not constitute a recommendation regarding any securities of Leasys S.p.A.. Should securities be issued in connection with the Offering, Leasys S.p.A. expects to apply for such securities to be admitted to listing and to trading on the regulated market of the Irish Stock Exchange, trading as Euronext Dublin plc ("Euronext Dublin"). This presentation should be read together with the Base Prospectus prepared by Leasys S.p.A. in connection with its Euro Medium Term Note Programme published on the website of Euronext Dublin. This presentation speaks as of its date only and has not been independently verified. Leasys is not under any obligation to amend, update, verify, revise or supplement this presentation after the date hereof under any circumstances, even if such information may change materially. This presentation may not be reproduced in any form, in whole or in part, for any purpose without the prior written consent of Leasys. Failure to comply with this restriction may constitute a violation of applicable securities laws. By accessing or reading the presentation slides, you agree to be bound by the limitations set out herein. The information set out in this presentation is given as of the date of the presentation and Leasys is under no obligation to update, revise, verify or amend it in any respect after such date even if such information may change materially. In giving this presentation, none of Leasys nor any of its affiliates, subsidiaries, shareholders, representatives, agents, employees or advisors, undertakes any obligation to amend, correct or update this presentation or to provide the recipient with access to any additional information that may arise in connection with it after the date hereof. This presentation has been prepared in connection with the Offering only. None of Leasys nor any of its affiliates, shareholders, representatives, agents, employees or advisors shall have any liability whatsoever (in negligence or otherwise) for any loss whatsoever arising from any unauthorised use of this document or its contents, or otherwise arising in connection with any oral statements made by Leasys at any meeting at which this presentation is discussed. 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Any securities that may be issued pursuant to the Offering have not been and will not be registered under the Securities Act, or the laws of any state or other jurisdiction of the United States, and may not be offered or sold within the United States, or for the account or benefit of, U.S. Persons (as such terms are defined in Regulation S under the Securities Act), absent registration or an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state laws. This presentation is being communicated in the United Kingdom only to persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") and to persons to whom it may otherwise be lawful to communicate it to (all such persons being referred to as relevant persons). This presentation is only directed at relevant persons and any investment or investment activity to which the presentation relates is only available to relevant persons or will be engaged in only with relevant persons. Other persons should not rely or act upon this presentation or any of its contents. This presentation is for distribution in Italy only to "qualified investors" (investitori qualificati), as defined pursuant to Article 2 of the Prospectus Regulation and any applicable provision of Italian laws and regulations, or in other circumstances which are exempted from the rules on public offerings pursuant to Article 1 of the Prospectus Regulation, Article 34-ter of CONSOB Regulation No. 11971 of 14 May 1999, as amended from time to time, and the applicable Italian laws. This presentation does not purport to identify all of the risks (direct and indirect) and information which may be associated with any decision relevant in respect of the proposed Offering. These materials may contain projections and forward-looking statements. Forward looking statements, projections, objectives, estimates and forecasts are generally identifiable by the use of the words "may," "will," "should," "plan," "expect," "anticipate," "estimate," "believe," "intend," "project," "goal" or "target" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause Leasys's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements include, but are not limited to, all statements other than statements of historical facts, including, without limitation, those regarding Leasys' future financial position and results of operations, strategy, plans, objectives, goals and targets and future developments in the markets where Leasys participates or is seeking to participate. All statements, other than statements of historical facts, contained herein regarding Leasys' strategy, goals, plans, future financial position, projected revenues and costs or prospects are forward-looking statements. Forward-looking statements are subject to inherent risks and uncertainties, some of which cannot be predicted or quantified. Any such forward-looking statements will be based on numerous assumptions regarding Leasys' present and future business strategies and the environment in which Leasys will operate in the future. Further, any forward-looking statements will be based upon assumptions of future events which may not prove to be accurate and future events or actual results could differ materially from those set forth in, contemplated by or underlying forward-looking statements. Any such forward-looking statements in these materials will speak only as at the date of these materials and Leasys assumes no obligation to update or provide any additional information in relation to such forward-looking statements. By attending the meeting where this presentation is made or by accepting a copy of this presentation, you agree to be bound by the foregoing and to maintain confidentiality regarding the information disclosed in this presentation. LEASYS#3AGENDA LEASYS - GROUP INTRODUCTION & JV HIGHLIGHTS LEASYS - FINANCIALS LEASYS - FUNDING LEASYS#4RE-ORGANIZATIONAL HIGHLIGHTS 17 December 2021 Crédit Agricole Consumer Finance ("CACF) and Stellantis announced a significant transformation of the 50/50 joint-venture FCA Bank Group (now CA Auto Bank) 1 April 2022 CACF and Stellantis entered into binding agreements concerning the purchase by CACF of Stellantis' 50% shareholding in FCA Bank (now CA Auto Bank) and Drivalia by the first half of 2023 FCA Bank (now CA Auto Bank) announced that 100% of its interests in Leasys Group (1) was to be transferred to a newly created leasing joint-venture equally owned by CACF and Stellantis 21 December 2022 3 April 2023 The sale of Leasys Group by FCA Bank (now CA Auto Bank) to a newly created joint venture became effective Stellantis and CACF entered into the new JVA Note: (1) Leasys Group here refers to Leasys SpA and its subsidiaries and branches, excluding Drivalia 2 LEASYS#5OUR HISTORY AT A GLANCE LEASYS LEASYS Free2move Lease Free2move Lease 2023 Free2move Lease 2017 LEASYS Free 2Move Lease 2001 Birth 2021 Leasys +Free2Move Lease Free2Move and Leasys as Stellantis' brands Leasys Birth 3 LEASYS#6NEW CORPORATE STRUCTURE ➤ The "new" Leasys following the consolidation of Free2move Lease serves all Stellantis' brands STELLANTIS 50% ✓ CRÉDIT AGRICOLE 50% LEASYS + Free2move Lease LEASYS The New Mobility Choice 4 LEASYS#7LEASYS AND STELLANTIS BRANDS LFA ROMEO Jeep LANCIA D CHRYSLER CITROËN DODGE T Maserati E MOPAR. OPEL DS AUTOMOBILES® FIAT FIAT PROFESSIONAL PEUGEOT RAM VAUXHALL Leasys serves Stellantis' brands mainly in the B2B market, offering long term rental and mobility innovative products Thanks to the synergies with Stellantis Group, Leasys can guarantee the best conditions on the market combined with tailor made services 5 LEASYS#8THE NEW HOLDING SNAPSHOT LEASYS S.A.S. - HOLDING BRANCHES Leasys S.p.A (Spanish Branch) LEASYS S.p.A. SUBSIDIARIES Leasys France S.A.S. (FR) Leasys UK Ltd. (UK) 100% 100% Leasys S.p.A (German Branch) Leasys Polska Sp.Zoo (PL) 100% Leasys Nederland B.V. (NL) 100% Leasys S.p.A (Belgian Branch) Leasys Portugal SA (PT) 100% Leasys Österreich GmbH (A) 100% - Clickar S.r.l. Remarketing 100% 6 LEASYS#9LEASYS GEOGRAPHICAL PRESENCE – 11 COUNTRIES - ^ ITALY ▲ FRANCE A GERMANY A UK A SPAIN POLAND PORTUGAL BELGIUM AUSTRIA NETHERLANDS LUXEMBOURG (2) LEADER IN THE ITALIAN MARKET WITH A -20% SHARE(1) Source: 23.01.05-Comunicato-Stampa-Dataforce-Noleggio.pdf Note: (1) As of 31/12/2022, (2) presence in Luxembourg from 2023 7 LEASYS#10LEASYS NEW JOINT VENTURE AGREEMENT ("JVA") Crédit Agricole S.A. and Stellantis long lasting relationship 16-year relationship between Crédit Agricole S.A. and Stellantis Continuous financial support provided by the Crédit Agricole Group to any of the Leasys' entities, under a Funding Agreement regulated by the JVA The duration of the new JVA is 9 years (i.e. 30 April 2032, the new JVA End Date) and shall be automatically renewed for 3-year periods unless either shareholder decides against any such renewal Crédit Agricole S.A. funding support ➤ Funding support by Crédit Agricole Group is : Priced at market terms (on arm's length basis) ➤ Sized to fulfill the needs of the company ➤ Provided across all Leasys Group geographies ➤ At 16% (1) of the Group's total current and non-current liabilities Notwithstanding the Crédit Agricole support, Leasys' primary goal is to finance itself autonomously on the markets by continuing its funding diversification strategy aimed at strengthening its liquidity position Note: (1) As of 31/12/2022 8 LEASYS#11AGENDA LEASYS - GROUP INTRODUCTION & JV HIGHLIGHTS LEASYS - FINANCIALS LEASYS - FUNDING 9 LEASYS#12KEY HIGHLIGHTS 2022 147 €/MLN Profit of the Year 405,829 Managed Fleet 314 €/MLN Gross Operating Margin 5.9% 5,677 €/MLN Earning Assets End of Period (EOP) 589 Employees -18 €/MLN Credit Losses -91 €/MLN Total Operating Expenses 0.34% On AVG. Earning Assets On AVG. Earning Assets Source: LEA bilancio consolidato 2022 EN 22 05.indd (leasys.com) - page 4 and 5 1.71% On AVG. Earning Assets 10 LEASYS#13LEASYS MANAGED FLEET EVOLUTION (/000-Units) +12% 406 363 2021 2022 Source: LEA bilancio consolidato 2022 EN 22 05.indd (leasys.com) - page 4 and 5 11 LEASYS#14LEASYS CONSOLIDATED ECONOMICS MANAGED FLEET (K UNITS) 2022 2021 406 363 EARNING ASSETS END OF PERIOD (EOP) (€B) 5.7 4.9 GROSS OPERATING MARGIN (EM) 314 274 TOTAL OPERATING EXPENSES (€M) -91 -98 COST OF RISK (CREDIT LOSSES) (EM) -18 45 -15 OPERATING PROFIT (EM) 204 161 PROFIT OF THE YEAR (NET INCOME) (EM) 147 123 EMPLOYEES 589(1) 915 Note: (1) This decrease is mainly due to the sale of the following companies: Leasys Rent S.p.A. (with subsidiary Sadorent S.A.), Leasys Rent France S.A.S., ER Capital Ltd., Leasys Rent España S.L.U.., Leasys Hellas SM S.A., A Lease & Mobility A/S (Drivalia Lease Danmark A/S)". 12 LEASYS#15ECONOMICS KPIS GROSS OPERATING MARGIN (€/M) 274 6.00% TOTAL OPERATING EXPENSES (€/M) 314 98 5.90% 2.15% 91 1.71% 2021 Gross Operating Margin 2022 2021 2022 Gross Operating Margin as a % of Average Earning Assets EoP Total Operating Expenses Total Operating Expenses as a % of Average Earning Assets EoP COST OF RISK (CREDIT LOSSES) (€/M) OPERATING PROFIT (€/M) 18 204 15 0.32% 2021 Credit Losses (€-M) 0.34% 2022 Credit Losses as a % of Average Earning Assets EoP 161 3.53% 2021 Operating Profit 3.84% 2022 Operating Profit as a % of Average Earning Assets EoP 13 LEASYS#16FOCUS ON REMARKETING Leasys implemented guidelines for the monitoring of leased vehicles residual values: vs external benchmark estimates vs proprietary data on the sales of used vehicles on a quarterly basis CONSOLIDATED INCOME STATEMENT SNAPSHOT 2022 2021 INCOME FROM CAR SALES 139,210 94,905 COSTS OF CARS SOLD (38,943) (56,229) MARGIN ON CARS SOLD 100,267 38,676 Margin on cars sold between FY2021 and FY2022 rose from ~ €39 to ~€100 million Values in thousands of EUR Source: LEA bilancio consolidato 2022 EN 22 05.indd (leasys.com - page 78 and 79 14 LEASYS#17AGENDA LEASYS - GROUP INTRODUCTION & JV HIGHLIGHTS LEASYS - FINANCIALS LEASYS - FUNDING 15 LEASYS#18LEASYS FUNDING SOURCES - FINANCIAL LIABILITIES FY 2022 Non-current financial liabilities ~€3.3bn Leasys non-current financial liabilities amounted to €3.3bn long-term debt primarily consisting of: ■ A €500 million Green bond placed in July 2021 with a maturity in July 2024 ■ A €750 million bond issued in December 2022 with a maturity in December 2024 ■ A securitisation programme amounting to €860 million ■ Bank loans with a maturity > 12 months FY 2022 Current financial ➤ Leasys current financial liabilities amounted to €2.2 billion and primarily consist of bank loans liabilities ~€2.2bn The new € 5bn EMTN programme underpins Leasys' intention to become a more active issuer in the bond markets 16 LEASYS#19CURRENT RATING Fitch Ratings "A-" LONG-TERM (STABLE OUTLOOK) UPGRADED FROM BBB+ AS OF JANUARY 2023 / "F1" AFFIRMED SHORT-TERM "The rating actions reflect the completed spin-off of Leasys from the former FCA Bank (now CA Auto Bank) to its own shareholders, CA Consumer Finance (CACF; A+/Stable) and Stellantis N.V. (BBB/Stable)." "No Sovereign Constraint: Leasys' ratings are not constrained at the level of Italy's sovereign rating (BBB/Stable), because Leasys is not a regulated financial institution and also because it has no direct exposure to Italian sovereign risk.” Source: https://corporate.leasys.com/englis estor relations - Ratings Section 17 LEASYS#20CONTACTS Antoine Delautre GROUP DEPUTY CEO & CFO Phone number +33 787767145 e-mail: [email protected] Giuseppe Imbastaro LEASYS S.P.A - CFO Phone number +39 3357077693 e-mail: [email protected] Alberto Ponticorvo GROUP HEAD OF TREASURY & ALM Phone number +33 4670920121 e-mail: [email protected] Bruno Maria Criscuolo GROUP HEAD OF INVESTOR RELATIONS Phone number +39 3386705938 e-mail: [email protected] 18 LEASYS