Fiat Chrysler Automobiles (FCAU) will not distribute ordinary dividend in 2020

The board of directors of Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU) and the managing board of Peugeot S.A. (“Groupe PSA”) each today decided not to distribute an ordinary dividend in 2020 related to fiscal year 2019, in light of the impact from the current COVID-19 crisis.

FCA and Groupe PSA confirm that preparations for the 50/50 merger of their businesses announced in December 2019 are advancing well, including with respect to antitrust and other regulatory filings. Completion of the proposed combination is expected on schedule, before end of Q1 2021, subject to customary closing conditions.

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