Stellantis集团 2026年年度报告和过渡报告

FORM 20-F Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period coveredby the annual report: 2,897,483,196 common shares, par value €0.01 per share, and 866,409,062 special voting shares, par value €0.01 pershare. Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit and post such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerging growthcompany.See definition of “large accelerated filer,” “accelerated filer,” and emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registranthas elected not to use the extended transition period for complying with any new or revised financial accounting standards providedpursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of itsinternal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered publicaccounting firm that prepared or issued its audit report. If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrantincluded in the filing reflect the correction of an error to previously issued financial statements. Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing:U.S. GAAPInternational Financial Reporting Standards as issued by the International Accounting Standards BoardOther If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item the registrant haselected to follow: Item 17Item 18. If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).No (APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS)Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of theSecurities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.YesNo TABLE OF CONTENTS Board of Directors and Independent Auditor4BOARD REPORT5INTRODUCTION5MANAGEMENT REPORT9Stellantis Overview9Updates to Current Strategic Plan11Overview of Our Business11Sales Overview16Environmental and Other Regulatory Matters30Financial Overview39Results of Operations47Liquidity and Capital Resources67Risk Management76 BOARD OF DIRECTORS John Elkann (Chairman)Robert Peugeot (Vice Chairman)(3)Antonio Filosa (Chief Executive Officer)Henri de Castries(1),(2),(3)Fiona Clare Cicconi(1),(3)Nicolas Dufourcq(1)Ann Godbehere(2)Claudia Parzani(1),(2)Daniel Ramot(3)Benoît Ribadeau-Dumas(1),(3)Alice Davey Schroeder(2) INDEPENDENT AUDITOR AND REGISTERED PUBLIC ACCOUNTING FIRMDeloitte Accountants B.V. (independent auditor of the Company for the purposes of our annual reports filed with Deloitte & Associés (independent registered public accounting firm for our Consolidated Financial Statementsincluded in our reports on Form 20-F)(4) BOARD REPORT INTRODUCTION About this Report This document, referred to hereafter as the “Form 20-F” or the “Annual Report”, constitutes the Annual Report onForm 20-F, pursuant to Section 13 or 15(d) of the U.S. Securities Exchange Act of 1934 (the “Exchange Act”), ofStellantis N.V. for the year ended December 31, 2025. Documents on Display The U.S. Securities and Exchange Commission (“SEC”) maintains an internet site at http://www.sec.gov thatcontains reports, information statements, and other information regarding issuers that file electronically with theSEC. The address of the SEC’s website is provided solely for information purposes and is not intended to be anactive link. Reports and other information concerning our business may also be inspected at the offices of theNew York Stock Exchange, 11 Wall Street, New York, New York 10005. We also make our periodic reports, as well as other information filed with or furnished to the SEC, available freeof charge through our website, at www.stellantis.com, as soon as reasonably practicable aft