"Fiat S.p.A." Registered Office: via Nizza 250, Turin Share capital ...

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shares and was looking for a new reason to revive his passion for FIAT, emotional as well as a financial; he recounted that he arrived in <strong>Turin</strong> in 1968 to study at Polytechnic and explained that he had lived through many FIAT vicissitudes such as the march of the 40,000; he said it hurts him when sees on the roads or his clients and suppliers driving BMW or AUDI and thinks that the remedy could be to produce cars that are in the mid to upper end of the market. Giovanni ANTOLINI (shareholder) stated that he had analyzed the Directors’ Report, which in large part he agreed with, and he had evaluated various line items in the financial statements, which reported a gross profit of €3,814,000,000 but net profit of €1,411,000,000 because of the significant financial charges, as well as the manufacturing and commercial system in various areas where FIAT Group is present; he underlined the low production and sales levels in Italy, which had a negative bearing on Group result, with a loss of €152,350,000; he hoped that this Italian result would be re- versed with the production of luxury and sport ve- 26
hicles at the new Grugliasco site and with the strengthening of FERRARI, MASERATI, ALFA ROMEO, LANCIA and JEEP, in order to bring the critical mass of cars produced and sold throughout the world by FIAT-CHRYSLER group to the level indicat- ed by CEO Sergio MARCHIONNE, of 6-8 million, and guarantee that FIAT Group can compete with the largest global auto groups; he is of the opinion that the FIAT–CHRYSLER group cannot remain at the current production and dis- tribution levels - circa 4.2/4.3 million – but in- stead has to adapt to reach the critical mass of circa 6-8 million cars produced and sold; he observed that the production would need to dou- ble, since it was currently only about half this level; he considers the time is right, especially in Eu- rope, because many automakers are in difficulty; he recognizes that his comments should be taken in the context of the prudence required by the market, politics and a whole series of other factors; he asked whether the Company had already taken some steps to reach the above mentioned critical mass, as he feared that the competitors could move first and so he urged prompt action be taken. 27
Page 1 and 2: This document has been translated i
Page 3 and 4: volumes actually the lowest on reco
Page 5 and 6: past 10 years." The memory of Giann
Page 7 and 8: * VANGUARD INTERNATIONAL GROWTH FUN
Page 9 and 10: with 2 minutes for replies. Marco G
Page 11 and 12: is also stated that: "For questions
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Page 17 and 18: statement about not standing the ar
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Page 25: that the choice of dividing FIAT in
Page 29 and 30: tal development of the previous str
Page 31 and 32: immovable assets and asked that the
Page 33 and 34: sponded that: the joint venture in
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Page 37 and 38: ence; in 2013 La Stampa will be foc
Page 39 and 40: he pointed out that the assessments
Page 41 and 42: markets; he recalled that in 2008 a
Page 43 and 44: given for addresses is too short, t
Page 45 and 46: He then declared that the voting wa
Page 47 and 48: - those against bringing action sho
Page 49 and 50: of the shareholder resolution of 4
Page 51 and 52: overall sum of €7,373,300, which
Page 53 and 54: size of the company, the size of th
Page 55 and 56: could not go into here; he consider
Page 57 and 58: icy alone; he pointed out that 80%
Page 59 and 60: he recommended shareholders exercis
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Page 65 and 66: chairman of Ferrari S.p.A., which w
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Page 73 and 74: . Attachment "A" the text of the ad
Page 75 and 76: Good Morning Shareholders. The Grou
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In absence of mutual agreement on a
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In Asia, in addition to the launch
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Turning to Group results, in 2012 w
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In the United States, the industry
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Boosted by the introduction of gove
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In terms of sales performance by in
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European passenger car demand was d
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The next few slides give an overvie
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In APAC, we launched two key produc
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Turning to the outlook for 2013, ou
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For our Luxury and Performance bran
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Efforts to align our activities to
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Before closing, I would like to mak
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There are 215,000 employees worldwi
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However, EMEA cannot survive indefi
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Second: we can leverage the experie
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Work is also underway to prepare th
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A sign of hope and of commitment. I
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We can’t recreate the Fiat of the
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a) Compensation Policy pursuant to
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The table below summarizes the main
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In general, the fixed compensation
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With regard to allowances in the ev
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L. Cessation of office or terminati
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) Authorization for the Purchase an
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Fiat S.p.A. AGM 09/04/2013 LIST OF
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