Agenda

Page

Presentation3

Bank am Bellevue

Investor Meeting January 17, 2015

January 17, 2015 2 Bank am Bellevue

This document contains forward-looking statements.

These statements may include terms such as “may”,

“will” , “expect”, “could”, “should”, “intend”,

“estimate”, “anticipate”, “believe”, “remain”, “on

track”, “design”, “target”, “objective”, “goal”,

“forecast”, “projection”, “outlook”, “prospects”,

“plan”, “intend”, or similar terms. Forward-looking

statements are not guarantees of future

performance. Rather , they are based on the Group’s

current expectations and projections about future

events and, by their nature, are subject to inherent

risks and uncertainties . They relate to events and

depend on circumstances that may or may not occur

or exist in the future and, as such, undue reliance

should not be placed on them. Actual results may

dif fer materially from those expressed in such

statements as a result of a variety of factors ,

including: the Group’s abil i ty to reach certain

minimum vehicle sales volumes; developments in

global f inancial markets and general economic and

other conditions; changes in demand for automotive

products, which is highly cyclical ; the Group’s abil i ty

to enrich the product portfolio and offer innovative

products; the high level of competit ion in the

automotive industry ; the Group’s abi l ity to expand

certain of the Group’s brands internationally ;

changes in the Group’s credit rat ings; the Group’s

abil i ty to realize anticipated benefits from any

acquisitions, joint venture arrangements and other

strategic all iances; the Group’s abil i ty to integrate its

operations; potential shortfalls in the Group’s

defined benefit pension plans; the Group’s abil i ty to

provide or arrange for adequate access to f inancing

for the Group’s dealers and retai l customers; the

Group’s abil i ty to access funding to execute the

Group’s business plan and improve the Group’s

business, f inancial condition and results of

operations; various types of claims, lawsuits and

other contingent obligations against the Group;

material operating expenditures in relation to

compliance with environmental, health and safety

regulation; developments in labor and industrial

relations and developments in applicable labor laws;

increases in costs, disruptions of supply or shortages

of raw materials ; exchange rate f luctuations, interest

rate changes, credit risk and other market risks ;

political and civil unrest; earthquakes or other

natural disasters and other risks and uncertainties .

Any forward-looking statements contained in this

document speak only as of the date of this document

and the Company does not undertake any obligation

to update or revise publicly forward-looking

statements. Further information concerning the

Group and its businesses, including factors that

could materially affect the Company’s f inancial

results, is included in the Company’s reports and

fi l ings with the U.S. Securities and Exchange

Commission, the AFM and CONSOB.

Safe Harbor Statement

January 17, 2015 3 Bank am Bellevue

FCA financial snapshot

1 Includes acquisition of Chrysler equity in January 2014 (€2.7B) and adjustment for retrospective application of IFRS 11 (€0.4B)

NAFTA

53%

LATAM

11%

EMEA

19%

APAC 5%

Components

6%

Luxury 4%

Other 1%

FY 2013 Net Revenues

€86.6B

NAFTA

76%

LATAM

16%

APAC

11%

Components

5%

Luxury

16%

FY 2013 EBIT €3.0B

Memo:

EMEA (17)%

Other (7)%

Note: Numbers may not add due to rounding

FY

2013

Q3 YTD

2014

Shipments 4.4M 3.4M

Net Revenues €86.6B

€69.0B

EBIT €3.0B €2.2B

Net industrial debt €9.7B1 €11.4B

Total liquidity €22.7B €21.7B

January 17, 2015 4 Bank am Bellevue

2014 was a momentous year

Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Chrysler Acquisition

(January 1)

Fiat S.p.A. reaches

agreement with VEBA to acquire remaining stake

in Chrysler Group

Shareholder Approval of

Merger

(August 1)

Merger plan approved during

Fiat S.p.A shareholders’

meeting

Merger Effective and Dual-Listing

(October 12-13)

• Merger of Fiat S.p.A with and into Fiat Investment N.V. becomes effective October 12

• Surviving entity renamed Fiat Chrysler Automobiles N.V. (FCA)

• October 13, FCA listed for trading on New York Stock exchange (NYSE)

Corporate Reorganization

Approval

(January 29)

Fiat’s BoD approves corporate reorganization of “FCA” as a Dutch-

incorporated, British-domiciled LLC with principal executive offices in

the UK

5-Year Business Plan

(May 6)

Combined company presents detailed

business plan including

product plans and financial targets for

2014 - 2018

U.S. Capital Markets

Transactions

(December 16)

• Raised $4 billion

• 100 million shares of common stock issued on NYSE

• $2.875 billion of mandatory convertible securities issued

Announced Planned

Transactions

(October 29)

• Issue common shares

• Issue mandatory convertible security

• Separate Ferrari through an IPO and subsequent spin-off

January 17, 2015 5 Bank am Bellevue

FCA 2014 – 2018 business plan

Continued volume growth

Leverage Jeep's global appeal with increased segment coverage and geographic expansion

Portfolio expansion into white space opportunities – including rebirth of Alfa Romeo

Clear focus on APAC through Jeep, Alfa Romeo and Chrysler brands

Targeted sales of ~7M units (including JVs) in 2018, up from 4.4M units in 2013

Margin expansion

Continue to grow Maserati and launch Alfa Romeo brand worldwide

Localize Jeep production in all regions

Repurpose Italian manufacturing footprint to luxury and premium vehicles

Architecture reduction & parts commonization

January 17, 2015 6 Bank am Bellevue

Broad-based brand portfolio

Mass-market

Premium

SUVs

Premium

Luxury

High performance luxury cars

Luxury sports vehicles

Sedans &

minivans

Trucks

& LCVs

Performance

500 family

& economy

LCVs

January 17, 2015 7 Bank am Bellevue

Industry outlook is positive

Units (M)

Source: IHS (2014-2018)

13.1

14.8

15.9

16.7 17.0

17.3 17.6 17.4

15.6

17.5

18.7

19.7 20.0 20.4 20.6 20.5

2011 2012 2013 2014E 2015E 2016E 2017E 2018E

U.S.

NAFTA

NAFTA & U.S. (passenger cars, SUV,

pickup trucks, LCVs

and heavy trucks)

LATAM & Brazil (passenger cars & LCVs)

APAC & China

(passenger cars & LCVs)

17.6 18.6

20.6

23.3 24.9

26.7 28.1 28.8

30.4

33.5 35.3

38.2 40.3

42.5 44.5

45.8

2011 2012 2013 2014E 2015E 2016E 2017E 2018E

China

APAC 3.4 3.6 3.6

3.2 3.3 3.3 3.5 3.6

5.6 5.9 5.9

5.2 5.1 5.3

5.5 5.7

2011 2012 2013 2014E 2015E 2016E 2017E 2018E

Brazil

LATAM

EMEA & EU28+EFTA (passenger cars & LCVs)

15.3 14.0 13.8 14.5 14.9 15.3 15.6 16.0

22.0 21.3 21.1 21.3 21.7 22.4 23.4

24.4

2011 2012 2013 2014E 2015E 2016E 2017E 2018E

EU28+EFTA

EMEA

CAGR 2013-18: 1.9%

CAGR 2013-18: 1.8%

CAGR 2013-18 : 0%

CAGR 2013-18: (0.7)% CAGR 2013-18: 5.3%

CAGR 2013-18: 6.9%

CAGR 2013-18: 2.9%

CAGR 2013-18: 3.0%

January 17, 2015 8 Bank am Bellevue

Global growth drivers by region

2013 volume: 0.9M; 2018 target: 1.3M

Market leader with extensive local production and distribution (21.7% share in Brazil for 2014 Sept YTD)

Significant cost advantages with flexible production sites (Pernambuco upside)

Localize Jeep production

Expand product offering to larger vehicles while maintaining leadership in small vehicle segments

2013 volume: 2.1M; 2018 target: 3.1M

Fastest growing OEM since 2009, 3.5 ppt share growth in the U.S. since 2009 1

Chrysler and Dodge overlap eliminated

Launch Alfa Romeo following Maserati’s strong start

Well-positioned to take advantage of strong growth in SUVs and pickups

New entries in high volume passenger car segments

Renewal of segment leading minivan in 2016

2013 volume: 0.2M; 2018 target: 1.1M

Expansion of selected global brands with strong brand equity and pricing power (Jeep, Alfa Romeo)

Localize Jeep manufacturing in growing UV market enabled through JV

Localize production of Chrysler brand in China

Expand distribution network

2013 volume: 1.1M; 2018 target: 1.5M

New Jeep models and Alfa Romeo launch

Expansion into UVs largest-growth small SUV segment, 13% CAGR

Continuing 500 family focus for Fiat brand. . . not chasing share in commodity segments

Industrial base repurpose to support global luxury and premium vehicle strategy

NAFTA

LATAM

EMEA

APAC

1 Calculated as 2014 September YTD share vs. FY 2009 Plan is to grow from

4.4M units in 2013 to ~7M units in 2018

January 17, 2015 9 Bank am Bellevue

Growth strategy

• 2013: 732,000

• 2014: 1, 017,000

• 8 new models and refreshes

2014 - 2018

Sales volume

Expanding product and geographic reach

• Entry into largest global SUV segments

with new products in new regions

• Localizing production in APAC (China),

LATAM (Brazil) and EMEA (Italy)

• From 5 nameplates in 1 country to 6

nameplates in 6 countries

Grand Cherokee

Patriot

Compass

Cherokee

Wrangler

Renegade

C-SUV

(2016)

Grand Wagoneer

(2018)

January 17, 2015 10 Bank am Bellevue

Alfa Romeo’s return to its true DNA

Mito Giulietta 4C

• Return to legacy of the brand with all new RWD / AWD

architecture and powertrains

• Expand reach into global high margin premium vehicle

segments

• Add distribution in NAFTA and APAC

• All vehicles and engines industrialized in Italy

• Dedicated “Skunk Works” to develop new products

• Production from existing Italian manufacturing

capacity

Growth strategy

4C Spider

• 2013: 74,000

• 2014 Q3 YTD: 52,000

• 9 new models 2014 - 2018

Sales volume

Mid-size

(2015)

Compact (2) Full-size UVs (2) Specialty

|--------------------------------- 2016 to 2018 -------------------------------|

• Program development in line with plan – public reveal

of first car June 2015

• Development of second vehicle underway, 2016 launch

• Dealer network development in-process

Update from May 6th

Mid-size

January 17, 2015 11 Bank am Bellevue

Maserati line up expansion will drive growth

• 2013: 11,600

• 2014 Q3 YTD: 24,100

• 6 new models and

refreshes 2014 - 2018

Sales volume

GranCabrio Quattroporte Ghibli GranTurismo Levante

(2015)

Alfieri Coupe Alfieri Cabrio

• Expanding portfolio to key luxury market segments

• Ghibli – full size sedan (2013)

• Levante – luxury SUV (2015)

• Increased global volumes leveraging high quality, under-

utilized Italian manufacturing capacity

Growth strategy

January 17, 2015 12 Bank am Bellevue

Key product launches – Q4 2014 to 2016

Minivan

100 Sedan

Minivan PHEV

NEW VEHICLE OR RENEWAL OF EXISTING NAMEPLATE

MID-CYCLE FRESHENING

Dart

D-CUV

Gr. Cherokee

C-SUV

ProMaster City

Pickup & Chassis Cab

Fiorino

Mid-size P/U (EMEA)

Mid-Size Sedan

Alfieri

• Renewal of minivan with segment first PHEV

• Enter high volume compact sedan segment

• New look for heritage products

• Reformulate Dart and add new CUV

• Add first small SUV from Jeep

• Renewal of Compass/Patriot

• Expand commercial van portfolio

• Refreshed look for truck and CC lineup

• Expand into CUV segment & compact P/U segment

• Critical renewals of high volume A & B segment vehicles

• Renewal of mid-size van product

• Add mid-size pickup in EMEA

• Beginning of new Alfa Romeo strategy

• First vehicle launch is high volume mid-size sedan

• Expand portfolio to growing luxury SUV segment

• Add performance coupe model

Second Vehicle

Levante

Renegade

Challenger

B-Segment (EMEA)

Compact P/U (LATAM)

500X

A-Segment (LATAM)

Charger

January 17, 2015 13 Bank am Bellevue

Vehicle assembly footprint and capacity utilization

Capacity utilization based on Harbour definition (units produced / line rate x 16 hours x 235 days)

* Number of plants

Enablers to Reach 7M Vehicles

• Chinese JV volume

• Increase Italian plant

utilization

• Pernambuco launch

• Eliminate production

bottlenecks / add shifts

2013 Target 2018

>100% >100%

Capacity Utilization

NAFTA

2013 Target 2018

66%

>100%

Capacity Utilization

EMEA

2013 Target 2018

53%

>100%

Capacity Utilization

APAC

2013 Target 2018

>100% >100%

Capacity Utilization

LATAM

12* 12

4 5 2 3

11 11

January 17, 2015 14 Bank am Bellevue

Capex spending increases to

a peak in 2016 to support

the heavy cadence of

new/refreshed product

programs

R&D spending increases

slightly over Plan period,

peaking in 2016

Spending as a percentage of

revenues in-line with

industry average at end of

plan period

Flexibility to reduce capex

and R&D spending if

industry outlook

deteriorates

€B

Capex and R&D Spending

5.4 5.7

3.4 3.7

8.8 9.4

2013A 2014E 2015E 2016E 2017E 2018E

PP&E Capex Total R&D

Plan

Ind

ust

ry

Ou

tlo

ok

vs.

Pla

n

As planned

Lower Minimum to

sustain

operations

Capex range

~10% Capex and R&D

% Revenues ~8%

January 17, 2015 15 Bank am Bellevue

Margin expansion - opportunities exceed risks

NAFTA

LATAM

EMEA

APAC

Increased volume leverage

Product portfolio expansion

Introduce Alfa Romeo brand

Improved fleet mix

Legacy products replaced

Lower R&D after 2016

Industry volumes peaking

Heightened focus on recalls

Regulatory compliance cost

Improved portfolio mix

New Pernambuco plant

Jeep production localized

Refreshed Fiat product line-up

Market growth resumption

Continued inflationary pressures

More competitors localized

Full capacity utilization

~40% of production exported

Refocus Fiat brand

Moderate market recovery

Continued pricing pressures

Fleet mix still high

Overcapacity in region

Projected industry growth

Growing SUV segment

Jeep production localized

Introduce Alfa Romeo brand

Price pressure at low end

Investing for long-term

-2.9%

2-3%

2013 Target

4.9%

>10%

2013 Target

7.2%

>10%

2013 Target

5.0%

6-7%

2013 Target

Architecture convergence

Industrial synergies

Supply chain optimization

EBIT Margin

EBIT Margin EBIT Margin

EBIT Margin

January 17, 2015 16 Bank am Bellevue

2014-2018 financial targets

Revenues

EBIT & Margin pct.

Net Income

2016E 2018E

Capex (IFRS)

~€93B ~€104B

€3.6-4.0B(*)

3.9%-4.3%(*)

€5.1-5.9B

4.9%-5.7%

€0.6-0.8B(*)

EPS €0.44-€0.60(*)

€1.9-2.5B

EPS €1.6-€2.1

€7.5-8.5B €10.5-11.5B

Net Ind. Debt

€9.8-10.3B €9.8-10.3B

2013

€87B

€3.5B(*)

4.1%(*)

€0.9B(*)

EPS €0.1(*)

€7.5B

€9.7B(**)

2014E

(**) Net Debt after VEBA stake acquisition

(*) Excluding Unusuals

~€132B

€8.7-9.8B

6.6%-7.4%

€4.7-5.5B

EPS €3.9-€4.4

€8.5-9.5B

~€0.5-1.0B

January 17, 2015 17 Bank am Bellevue

Business plan – sell-side analysts’ views

Did Fiat miss an opportunity to raise capital?

(UBS, BUY)

“...We like decisions to de-emphasize Fiat Europe and

focus Minivan on Chrysler brand... we have argued

before in favor of some form of equity or quasi equity”

Nice plan, but this Company needs a Capital Raise

(Bernstein, Market Perform)

“...we admire ambition ...thanks to Jeep in China,

improved Europe, results are achievable...Company

surely needs a capital raise (of some form) for this plan

to be affordable – and de-risked”

Two speed FCA FY18 Plan

(JP Morgan, Neutral)

“...in the first part of plan the bulk of the expansion

plan... Second speed substantial cash flow to

deleverage”

What if credit markets weaken as debt grows?

(Citigroup, Sell)

“...biggest issue is the accumulation of debt and

amount of capex required to get to 2018 targets

Blue sky 2018 pitch

(Bank of America – Merrill Lynch, Underperform)

“...we like the plan to address capacity issue in Europe

with Maserati & Alfa ... see growth potential for Jeep ...

plan is very back-end loaded however with 2016 EBIT

only at €5.5bn & net debt at still €10bn.”

Again jam Tomorrow

(Deutsche Bank, Sell)

“...with €10B net debt...no FCF in the foreseeable

future...remain highly leveraged OEM”

Sceptics of targets but interest upside

(Barclays, Overweight)

“... Fiat gross liquidity is not a challenge ... business

should no longer be viewed as Europe based ... Legacy

Chrysler brands is where there are the greatest

opportunities”

Alfa Papa: One last go for Sergio

(Exane-BNP, Sell)

“... Benchmarking against the best: Alfa has its work cut

out.. ”

January 17, 2015 18 Bank am Bellevue

Capital market transactions announced on Oct 29th

• 100M shares placed on the NYSE in December 2014 including:

− existing treasury shares (35M shares)

− shares issued in replacement of shares of Fiat S.p.A. shareholders exercising their cash exit rights related to the recent merger transaction (~54M shares)

• Issued $2.875 billion mandatory convertible securities in December 2014 which will be treated as equity

• Separation of Ferrari from FCA expected in 2015 effected through:

− public offering of 10% of Ferrari

− distribution of FCA’s remaining interest in Ferrari to FCA shareholders including the holders of the mandatory convertible securities

Track – record

2013 Volume: 7,100

Willful and intended limitation

2013 Revenues: +5% (€2,335M)

Resilient true like-for-like growth

2013 EBIT margin: 16% (€364M)

Superior profitability and cash generation

Opportunities

Strong track record

and potential

Substantial global wealth creation

Broader geographical shipments

New revenue streams

Continued higher vehicle prices

Margin expansion

January 17, 2015 19 Bank am Bellevue

January 17, 2015 20 Bank am Bellevue

Capital markets transactions and benefits

Strengthen balance sheet

Reduce business plan execution risk

Full value of Ferrari unlocked for benefit of

FCA shareholders

Preserves Ferrari’s brand exclusivity strategy

Common stock

and mandatory

convertible

(DONE)

Ferrari separation

(by end of 2015)

Expected to reduce net industrial debt by ~€4 billion

January 17, 2015 21 Bank am Bellevue

1-Oct 8-Oct 15-Oct 22-Oct 29-Oct 5-Nov 12-Nov 19-Nov 26-Nov 3-Dec 10-Dec 17-Dec 24-Dec 31-Dec 7-Jan

FCA stock trading migration to NYSE

Announced

capital markets

transactions

(October 29)

Oct 13 – Dec 10

Average Daily Volume

MTA 17.6M (87%)

NYSE 2.7M (13%)

Oct 1 – Oct 10

Average Daily Volume

MTA 23.7M (100%)

NYSE -0-

Dec 15 – Jan 12

Average Daily Volume

MTA 18.5M (72%)

NYSE 7.0M (28%)

Equity Offering &

Mandatory

Convertible

Securities Pricing

(December 11) Start of FCA

trading on

NYSE

(October 13)

FCA

Average Daily

Common

Stock Trading

Volume

January 17, 2015 22 Bank am Bellevue

Additional balance sheet enhancement

0

5

10

15

20

25

Minimum to sustain operations

Allows for risk

mitigation

Total Liquidity

Target

€B

Today Post

ring-fencing

Elimination of

ring-fencing

Enhanced financial flexibility

Reduces liquidity requirements and

cost of carry

Target to have positive net industrial

cash by end of 2018

Chrysler ring-fence removal (by mid-2016)

Current Chrysler Group bonds with covenant restrictions on cash:

$3.0B 8.0% Notes due 2019 – callable as of June 15, 2015 at 104

$3.2B 8¼% Notes due 2021 – callable as of June 15, 2016 at 104⅛

January 17, 2015 23 Bank am Bellevue

FCA – the road ahead

Execute the business plan - continued volume growth with margin expansion

Eliminate Chrysler ring-fence to enhance financial flexibility

Separate Ferrari to unlock value for shareholders

January 17, 2015 24 Bank am Bellevue