Iveco Group NV

As regards the governance of Iveco Group's decarbonisation path, the ultimate responsibility for defining and implementing the decarbonisation strategy lies with the Board of Directors. The Board's ESG Committee is responsible, among other things, for assisting the Board itself in reviewing and guiding this strategy, as well as the risk management policies on climate change, and for monitoring the implementation of measures to meet climate change targets, such as those for CO2 emissions and energy efficiency. In addition, the ESG Committee ensures responsible management of climate risks and identifies trends and opportunities, including the potential impacts of new products under development and of new market trends and conditions. At management level, the ultimate responsibility for initiatives focusing on energy efficiency and on the management of CO2 emissions lies with the Senior Leadership Team (SLT). The SLT members are responsible for defining the sustainability strategy and for integrating sustainability aspects into operating processes. To ensure focus and accountability, each Business Unit has full responsibility for the global growth and performance of its respective business. At the operational level, for Scope 1 and 2 emissions, Iveco Group relies on a dedicated internal structure to manage energy resource conservation. Energy management activities are coordinated both centrally and at plant level by the Energy team, to ensure alignment and support across the Organisation. For Scope 3 emissions, responsibilities are assigned to the respective departments based on their area of expertise."
"The ultimate responsibility for Iveco Group's Public Affairs lies with the Senior Leadership Team (SLT). The Public Affairs function is responsible at global level for overseeing advocacy activities, supporting engagement with institutions and stakeholders, and interacting daily with the departments and functions of both the Group and its brands. In detail, these responsibilities include: - monitoring future policy trends and engaging with public authorities, trade associations, international organisations, the business sector, and NGOs on the institutional and regulatory decision-making processes that affect Iveco Group's product and operations strategies - advocating with policy makers and other relevant stakeholders - protecting and enhancing the strategies of the Group and its brands by proactively interacting with external stakeholders and participating in public dialogue - supporting the Group's business goals by addressing specific business issues and identifying opportunities in the context of institutional and/or international diplomatic relations. Interest representation is conducted only where permitted by and in strict compliance with applicable laws, including anti-corruption and antitrust laws, and in full compliance with the Group's Code of Conduct and related policies and procedures. Iveco Group is registered with the European Transparency Register (ID number 266675445160-69), which is operated jointly by the European Parliament, the Council of the European Union, and the European Commission and provides information about interest representatives that seek to contribute to the European Union's decision-making processes; the register also provides a code of conduct to regulate their activities. In Italy, the Group is also registered with the Italian Transparency Register, set up by the Italian Ministry of Economic Development and adopted by drawing upon the same model applied across other European institutions, and with the Register of Interest Representatives of the Italian Chamber of Deputies. In France, Iveco Group brands are also registered with the High Authority for Transparency in Public Life; in Spain, with the Transparency Register of the Community of Madrid; and in Germany, with the Lobby Register for interest representation in the German Bundestag and Federal Government. The Organisation abides by the Iveco Group Responsible Lobbying Policy and Policy for US Lobbying Activities, which are compliance policies[(119)] implemented in relation to the Code of Conduct that regulate relations with public institutions.

The highest responsibility for sustainability matters lies with the Board of Directors' ESG Committee, which is responsible, among other things, for assisting the Board in: overseeing the Company's significant environmental, social, and governance risks, strategies, policies, programmes, and practices to further its business purpose, strategy, culture, values, and reputation in the best interest of all Iveco Group stakeholders; overseeing the Company's ongoing commitment to environmental stewardship and corporate social responsibility; overseeing and evaluating the policies, procedures, and practices related to the health and safety of Company employees; and globally monitoring, evaluating, and reporting on the sustainability strategy, governance, policies, procedures, practices, management standards, and performance of the Company and its subsidiaries. The ESG Committee helps the Board develop its collective knowledge on sustainability, and provides guidance on key global environmental, social, and governance issues (see the Governance section). [...] At management level, the highest responsibility for initiatives focusing on energy efficiency and on the management of CO2 emissions at Iveco Group lies with the Senior Leadership Team ("SLT"). The SLT members are also members of the Sustainability Committee, which meets monthly and is responsible for defining sustainability strategy and integrating sustainability aspects into operating processes. It is chaired by the Chief Public Affairs & Sustainability Officer."
"On 14 April 2023, the AGM authorised the Board of Directors to decide upon the acquisition of the Company's own Common Shares through purchases on the stock exchange and/or multilateral trading facilities, directly and/or otherwise, for a period of 18 months from the date of the AGM, i.e. up to and including 13 October 2024, in one or more transactions, subject to market and business conditions and in compliance with applicable rules and regulations. The Board's authority was limited to a maximum of up to 10,000,000 Common Shares, with a maximum total allocation to this end of €130 million. With due respect of applicable rules and regulations, purchases were required to take place for a price per Common Share (excluding expenses) no less than its nominal value (minimum price) and no more than 10% above the opening price as shown in the Official Price List of Euronext Milan on the day of acquisition (maximum price). The authority granted to the Board to repurchase Common Shares in the share capital of the Company intended, inter alia, to allow the Board to cover the Company's obligations related to share-based remuneration, under existing and/or future equity incentive plans.

To strengthen efforts on its journey towards a sustainable future, the Company has mapped out the path to achieving these 4 strategic priorities by setting clear objectives, with specific reference to its people, direct operations, products and services, and valued partners. These targets are part of Iveco Group's Strategic Business Plan, and progress is regularly reported to both the ESG Committee and Senior Leadership Team ("SLT") Sustainability Committee. They are also incorporated into the Sustainability Plan, which includes both short- and long-term targets and reflects the Company's commitment to contributing to development, in harmony with people and the environment. Clear responsibilities are defined for each target to ensure they are consistently monitored and achieved. [...] The highest responsibility for sustainability matters lies with the Board of Directors' ESG Committee, which is responsible, among other things, for assisting the Board in: overseeing the Company's significant environmental, social, and governance risks, strategies, policies, programmes, and practices to further its business purpose, strategy, culture, values, and reputation in the best interest of all Iveco Group stakeholders; overseeing the Company's ongoing commitment to environmental stewardship and corporate social responsibility; overseeing and evaluating the policies, procedures, and practices related to the health and safety of Company employees; and globally monitoring, evaluating, and reporting on the sustainability strategy, governance, policies, procedures, practices, management standards, and performance of the Company and its subsidiaries. The ESG Committee helps the Board develop its collective knowledge on sustainability, and provides guidance on key global environmental, social, and governance issues (see the Governance section). [...] At management level, the highest responsibility for initiatives focusing on energy efficiency and on the management of CO2 emissions at Iveco Group lies with the Senior Leadership Team ("SLT"). The SLT members are also members of the Sustainability Committee, which meets monthly and is responsible for defining sustainability strategy and integrating sustainability aspects into operating processes. It is chaired by the Institutional Relations & Sustainability senior vice president.

###### 1.4.3 Public Policy and Interest Representation

Iveco Group's participation in the debate on shaping public policy and defining regulations on issues that affect its business, as well as the communities in which it operates, is fundamental to help develop workable international standards and guidelines and thus preserve the value of its investments. Indeed, this type of engagement, combined with the promotion of public-private relationships, is crucial to identifying innovative, shared sustainability solutions built on high-level standards and guidelines.

In our dialogue with governments, international organisations, local authorities, sector associations, and other stakeholders, we contribute our technical expertise and knowledge on policies concerning the automotive industry and other sectors related to the transport of people and goods, with a focus on products, processes, sustainable mobility, and innovation. We firmly believe in contributing to society's technological advancement, and in cooperating with public institutions, universities, and other organisations on research and development into innovative solutions in the fields in which we operate. As a result of our proactive approach to external institutions, we are able to identify new product development and business opportunities early on, and create competitive business conditions that are sustainable over the long term.

The highest responsibility for Iveco Group's Public Affairs lies with the Senior Leadership Team (SLT). The Public Affairs function is responsible at global level for overseeing advocacy activities, supporting our engagement with institutions and stakeholders, and interacting daily with the departments and functions of both the Company and its brands. In detail, these responsibilities include:

- monitoring future policy trends and engaging with public authorities, trade associations, international organisations, the business sector, and NGOs on the institutional and regulatory decision-making processes that affect Iveco Group's product and operations strategies

- advocating with policy makers and other relevant stakeholders

- protecting and enhancing the Company's and brands' profiles and strategies, by proactively interacting with external stakeholders and participating in public dialogue

- supporting our business goals by addressing specific business issues and identifying opportunities in the context of institutional and/or diplomatic relations.

--NEW-PAGE--

###### 1.4.3.1 LOBBYING AND COMPLIANCE WITH STRATEGY AND POLICIES GRI
**2-24; 2-28**
Interest representation is conducted only where permitted by and in strict compliance with The Company is a member of many industry and other associations, and of national and
applicable laws, including anti-corruption and antitrust laws, and in full compliance with international advocacy organisations, in which it plays a significant role. The complete list of
our Code of Conduct and related policies and procedures. Iveco Group is registered with the such bodies is available in 4.3.1.1 Membership of Associations .
European Transparency Register, which is operated jointly by the European Parliament, the In 2023, Iveco Group's membership fees for trade associations, lobbying activities (including
Council of the European Union, and the European Commission and provides information about climate-related), etc. totalled about €2.1 million globally.
interest representatives that seek to contribute to the European Union's decision-making
processes; the register also provides a code of conduct to regulate their activities. Memberships, Contributions, and Other Expenditures

Iveco Group worldwide (€million)

In Italy, the Company is also registered with the Italian Transparency Register, set up by the
Italian Ministry of Economic Development and adopted by drawing upon the same model
applied across other European institutions, and with the Register of Interest Representatives
of the Italian Chamber of Deputies. In France, Iveco Group brands are also registered with the
High Authority for Transparency in Public Life; in Spain, with the Transparency Register of the
Community of Madrid; and in Germany, with the Lobby Register for interest representation in
the German Bundestag and Federal Government.
Iveco Group abides by its US Lobbying Activities and Other Contacts with US Government
_Officials, a compliance policy[24] implemented in relation to our Code of Conduct that regulates_
relations with public institutions.

Our relationships with various types of public and private organisations (including universities
and research centres) also fall under the purview of our Environmental Policy, since the
organisations we deal with are stakeholders and our climate change commitments require
their engagement, in accordance with the objectives of the Paris Agreement.

In order to report potential violations of corporate policies, the Code of Conduct, or applicable
laws, we have established a dedicated grievance mechanism, the Compliance Helpline, which
can also be used to report specific violations concerning relations with public institutions.

(24) Compliance policies are available in the Compliance and Ethics section of the Company's Intranet site.

2023 2022

Trade associations or tax-exempt groups[a] **2.1** 1.5

Lobbying, interest representation[b] **0** 0

Political parties (campaigns/candidates) **0** 0

Total 2.1 **1.5**

(a) A trade association's membership comprises, on a voluntary basis, companies working in the same industry or region to strengthen

advocacy activities and promote or defend major interests with key institutions and actors. For this reason, various trade associations
participate in public affairs activities such as lobbying, in compliance with local legislation and appropriate for the context.

(b) Excluding management overheads related to lobbying activities.

The three largest fees were paid to the European Automobile Manufacturers' Association
(ACEA), for almost €0.6 million (of which €55,000 for technical studies), the American Engine
Manufacturers Association (EMA), for almost €0.2 million, and the Asociación Española de
_Fabricantes de Automóviles y Camiones (ANFAC), for almost €0.1 million._

--NEW-PAGE--

###### 1.4.3.2 PARTNERING WITH TRADE ASSOCIATIONS
TO FIGHT CLIMATE CHANGE
As a member of various sector associations, Iveco Group is committed to contributing to the
development of climate change policies and of regulations and standards for the capital goods
industry, mainly by promoting the use of alternative powertrain solutions and innovative
vehicles, while participating in the institutional and public debate around mitigating climate
change and improving air quality.
In particular, our Public Affairs function focuses on increasing the awareness and active participation
of institutional stakeholders, the public, and international organisations with regards to:

- the importance of key issues related to Iveco Group's product strategy and related
advocacy, such as sustainable mobility, alternative fuels and propulsions (e.g., natural gas,
biomethane, hydrogen, and electric and hybrid vehicles), the decarbonisation of transport,
the reduction of emissions from vehicles and manufacturing, digitalisation, safety, and
autonomous driving

- Iveco Group's corporate positioning on sustainability, climate change, renewable energy,
the circular economy, transportation systems, safety, and product innovation.
In 2023, to foster public debate and policy making on the most relevant matters for
sustainability, such as tackling climate change, we organised and actively participated in
institutional webinars, conferences, working groups, roundtables, initiatives, and virtual and
in-person meetings.

Our fight against climate change at national and global level also includes playing an active
role as a member of various industry and multi-stakeholder associations, organisations,
business networks, and think tanks, as part of our commitment to verifying that they operate in
accordance with the objectives of the Paris Agreement and with our decarbonisation roadmap.
We conduct an annual review of these associations' alignment with Iveco Group's strategy, to
address among other things any misalignment between their climate change policies and the
Company's own climate position.

The following are some examples of the main trade associations that we have engaged with
during the year that share our position on climate change.

**Trade Association:**
European Automobile Manufacturers Association (ACEA)

**Position on climate change**

We share ACEA's vision for a sustainable future for the transport sector, supporting alternative,
carbon-neutral fuels and zero-emission technologies to meet the EU's goals while also focusing
on safety requirements, circularity, materials and substances, as well as on future trends such as
automated driving, connectivity, and smart mobility.

Iveco Group is represented both on ACEA's Board of Directors (BOD) and on its Commercial Vehicle
Board of Directors (CV BOD), which are composed, respectively, of the CEOs of the member
companies and the CEOs of the commercial vehicle member companies.

We also participate in ACEA's technical working groups and task forces, which are composed of
experts from member companies who work directly on tackling climate change (e.g., emissions,
circularity, alternative fuels), safety, materials and substances, trade, alternative fuels, etc.

Climate change is a global challenge that demands collective action and international cooperation;
a challenge to which the automotive industry will make a key contribution to achieving net-zero
emissions and carbon neutrality. The European automobile industry is a world leader in technology
and clean vehicles – with regard to both production and use – and Europe's number one investor in
R&D, responsible for 33% of total EU spending on innovation. Much of this goes towards developing
fuel-efficient technologies and reducing the environmental impact of products and processes.

ACEA sees the revision and adaptation of vehicle regulations (e.g., those related to the CO2 emissions
of cars, vans, and heavy-duty vehicles, Euro 7 standards, circularity, and product sustainability)
as a crucial step in decarbonising road transport and advancing towards enhanced sustainability,
circularity, and innovation. It also advocates the importance of supportive measures and conditions,
and of a consistent policy framework, as key enablers of the energy transition in road transport.

--NEW-PAGE--

**Trade Association:**
Hydrogen Europe

**Position on climate change**

As a member of Hydrogen Europe, Iveco Group actively participates in several of the association's
working groups (e.g., Mobility, Heavy Duty, Sustainability, Funding and Finance, Advocacy) and in
its Technical Committee. We also participate in the European Clean Hydrogen Alliance[25] and in its
Mobility Roundtable, representing the road transport industry and contributing to the development
of a sustainable and competitive industrial-hydrogen economy in the EU.

Moreover, the Company actively contributes to the association's H2ero Net Zero strategy, aimed at
removing barriers to hydrogen investments, contributing to policy making, enabling the development
of clean hydrogen technologies, and scaling their deployment to deliver net zero by 2050.

Hydrogen Europe brings together various industry players, large companies, and SMEs that support
the delivery of hydrogen and fuel-cell technologies. Through its partnership with Iveco Group and
involvement in both the EU Clean Hydrogen Alliance and Important Projects of Common European
Interest (IPCEI), the association collaborates with public authorities to achieve this objective.

Hydrogen Europe is also actively involved in public private partnerships (PPP) supporting research,
technological development, and practical demos regarding fuel-cell and hydrogen technologies in
Europe. Its main policies focus on the role of hydrogen technology as the key to decarbonising the
EU's economy, while ensuring essential investments are channelled towards hydrogen applications
and projects in time to meet the 2030 climate targets.

25

(25) Initiative of the European Commission and Hydrogen Europe.

**Trade Association:**
Brazilian Association of Automotive Vehicle Manufacturers (ANFAVEA)

**Position on climate change**

Iveco Group is a member of ANFAVEA, an association established in 1956 comprising 26 members
from the passenger car, commercial vehicle, and agricultural machinery industries. The Company is
an active member of ANFAVEA's Board of Directors and of several of its committees (including Heavy
Duty, Environment, Safety, Legislative).

The association advocates for decarbonisation in the transport sector, supporting the introduction
of a diverse range of carbon-neutral solutions including biomethane and other biofuels, hydrogen,
and electrification. ANFAVEA has taken a leading role in discussions with the Brazilian government
on the development of policies to reduce carbon emissions. A special focus has been on creating
a framework to incentivise the local development of new technologies in collaboration with public
institutions, universities, and research centres. As part of this effort, the Brazilian government
launched the Route 2030 – Logistics and Mobility Program that, among other things, established a
mechanism enabling automakers to allocate funds to specific strategic projects.

ANFAVEA has also taken a prominent stance in supporting fleet renewal initiatives, since it is
estimated that Brazil has over 500,000 trucks and buses that are more than 20 years old. Beyond
the considerable environmental repercussions, vehicles approaching their end of life contribute
significantly to accidents and traffic congestion. For this reason, the association has advocated for
national and state-level fleet renewal programmes to assist truck and bus owners in acquiring newer
vehicles and to ensure the proper disposal of end-of-life vehicles.

--NEW-PAGE--

GRI
**2-12; 415-1**

###### 1.4.3.3 POLITICAL PARTIES
Iveco Group employs the highest standards of transparency and integrity in any and all
relationships it has with political parties, as well as with their representatives or candidates
(collectively referred to as Political Parties). Financial contributions to Political Parties are only
allowed where permitted by law and must be authorised at the appropriate level within each
legal entity.
In 2023, no contributions were made to Political Parties. An employee's political affiliation
or financial contribution is considered a personal matter and is completely voluntary, including
contributions made through a Political Action Committee (PAC).

###### 1.4.3 Public Policy and Interest Representation

Iveco Group's participation in the debate on shaping public policy and defining regulations on issues that affect its business, as well as the communities in which it operates, is fundamental to help develop workable international standards and guidelines and thus preserve the value of its investments. Indeed, this type of engagement, combined with the promotion of public-private relationships, is crucial to identifying innovative, shared sustainability solutions built on high-level standards and guidelines.

In our dialogue with governments, international organisations, local authorities, sector associations, and other stakeholders, we contribute our technical expertise and knowledge on policies concerning the automotive industry and other sectors related to the transport of people and goods, with a focus on products, processes, sustainable mobility, and innovation. We firmly believe in contributing to society's technological advancement, and in cooperating with public institutions, universities, and other organisations on research and development into innovative solutions in the fields in which we operate. As a result of our proactive approach to external institutions, we are able to identify new product development and business opportunities early on, and create competitive business conditions that are sustainable over the long term.

The highest responsibility for Iveco Group's Public Affairs lies with the Senior Leadership Team (SLT). The Public Affairs function is responsible at global level for overseeing advocacy activities, supporting our engagement with institutions and stakeholders, and interacting daily with the departments and functions of both the Company and its brands. In detail, these responsibilities include:

- monitoring future policy trends and engaging with public authorities, trade associations, international organisations, the business sector, and NGOs on the institutional and regulatory decision-making processes that affect Iveco Group's product and operations strategies

- advocating with policy makers and other relevant stakeholders

- protecting and enhancing the Company's and brands' profiles and strategies, by proactively interacting with external stakeholders and participating in public dialogue

- supporting our business goals by addressing specific business issues and identifying opportunities in the context of institutional and/or diplomatic relations.

--NEW-PAGE--

###### 1.4.3.1 LOBBYING AND COMPLIANCE WITH STRATEGY AND POLICIES GRI
**2-24; 2-28**
Interest representation is conducted only where permitted by and in strict compliance with The Company is a member of many industry and other associations, and of national and
applicable laws, including anti-corruption and antitrust laws, and in full compliance with international advocacy organisations, in which it plays a significant role. The complete list of
our Code of Conduct and related policies and procedures. Iveco Group is registered with the such bodies is available in 4.3.1.1 Membership of Associations .
European Transparency Register, which is operated jointly by the European Parliament, the In 2023, Iveco Group's membership fees for trade associations, lobbying activities (including
Council of the European Union, and the European Commission and provides information about climate-related), etc. totalled about €2.1 million globally.
interest representatives that seek to contribute to the European Union's decision-making
processes; the register also provides a code of conduct to regulate their activities. Memberships, Contributions, and Other Expenditures

Iveco Group worldwide (€million)

In Italy, the Company is also registered with the Italian Transparency Register, set up by the
Italian Ministry of Economic Development and adopted by drawing upon the same model
applied across other European institutions, and with the Register of Interest Representatives
of the Italian Chamber of Deputies. In France, Iveco Group brands are also registered with the
High Authority for Transparency in Public Life; in Spain, with the Transparency Register of the
Community of Madrid; and in Germany, with the Lobby Register for interest representation in
the German Bundestag and Federal Government.
Iveco Group abides by its US Lobbying Activities and Other Contacts with US Government
_Officials, a compliance policy[24] implemented in relation to our Code of Conduct that regulates_
relations with public institutions.

Our relationships with various types of public and private organisations (including universities
and research centres) also fall under the purview of our Environmental Policy, since the
organisations we deal with are stakeholders and our climate change commitments require
their engagement, in accordance with the objectives of the Paris Agreement.

In order to report potential violations of corporate policies, the Code of Conduct, or applicable
laws, we have established a dedicated grievance mechanism, the Compliance Helpline, which
can also be used to report specific violations concerning relations with public institutions.

(24) Compliance policies are available in the Compliance and Ethics section of the Company's Intranet site.

2023 2022

Trade associations or tax-exempt groups[a] **2.1** 1.5

Lobbying, interest representation[b] **0** 0

Political parties (campaigns/candidates) **0** 0

Total 2.1 **1.5**

(a) A trade association's membership comprises, on a voluntary basis, companies working in the same industry or region to strengthen

advocacy activities and promote or defend major interests with key institutions and actors. For this reason, various trade associations
participate in public affairs activities such as lobbying, in compliance with local legislation and appropriate for the context.

(b) Excluding management overheads related to lobbying activities.

The three largest fees were paid to the European Automobile Manufacturers' Association
(ACEA), for almost €0.6 million (of which €55,000 for technical studies), the American Engine
Manufacturers Association (EMA), for almost €0.2 million, and the Asociación Española de
_Fabricantes de Automóviles y Camiones (ANFAC), for almost €0.1 million._

--NEW-PAGE--

###### 1.4.3.2 PARTNERING WITH TRADE ASSOCIATIONS
TO FIGHT CLIMATE CHANGE
As a member of various sector associations, Iveco Group is committed to contributing to the
development of climate change policies and of regulations and standards for the capital goods
industry, mainly by promoting the use of alternative powertrain solutions and innovative
vehicles, while participating in the institutional and public debate around mitigating climate
change and improving air quality.
In particular, our Public Affairs function focuses on increasing the awareness and active participation
of institutional stakeholders, the public, and international organisations with regards to:

- the importance of key issues related to Iveco Group's product strategy and related
advocacy, such as sustainable mobility, alternative fuels and propulsions (e.g., natural gas,
biomethane, hydrogen, and electric and hybrid vehicles), the decarbonisation of transport,
the reduction of emissions from vehicles and manufacturing, digitalisation, safety, and
autonomous driving

- Iveco Group's corporate positioning on sustainability, climate change, renewable energy,
the circular economy, transportation systems, safety, and product innovation.
In 2023, to foster public debate and policy making on the most relevant matters for
sustainability, such as tackling climate change, we organised and actively participated in
institutional webinars, conferences, working groups, roundtables, initiatives, and virtual and
in-person meetings.

Our fight against climate change at national and global level also includes playing an active
role as a member of various industry and multi-stakeholder associations, organisations,
business networks, and think tanks, as part of our commitment to verifying that they operate in
accordance with the objectives of the Paris Agreement and with our decarbonisation roadmap.
We conduct an annual review of these associations' alignment with Iveco Group's strategy, to
address among other things any misalignment between their climate change policies and the
Company's own climate position.

The following are some examples of the main trade associations that we have engaged with
during the year that share our position on climate change.

**Trade Association:**
European Automobile Manufacturers Association (ACEA)

**Position on climate change**

We share ACEA's vision for a sustainable future for the transport sector, supporting alternative,
carbon-neutral fuels and zero-emission technologies to meet the EU's goals while also focusing
on safety requirements, circularity, materials and substances, as well as on future trends such as
automated driving, connectivity, and smart mobility.

Iveco Group is represented both on ACEA's Board of Directors (BOD) and on its Commercial Vehicle
Board of Directors (CV BOD), which are composed, respectively, of the CEOs of the member
companies and the CEOs of the commercial vehicle member companies.

We also participate in ACEA's technical working groups and task forces, which are composed of
experts from member companies who work directly on tackling climate change (e.g., emissions,
circularity, alternative fuels), safety, materials and substances, trade, alternative fuels, etc.

Climate change is a global challenge that demands collective action and international cooperation;
a challenge to which the automotive industry will make a key contribution to achieving net-zero
emissions and carbon neutrality. The European automobile industry is a world leader in technology
and clean vehicles – with regard to both production and use – and Europe's number one investor in
R&D, responsible for 33% of total EU spending on innovation. Much of this goes towards developing
fuel-efficient technologies and reducing the environmental impact of products and processes.

ACEA sees the revision and adaptation of vehicle regulations (e.g., those related to the CO2 emissions
of cars, vans, and heavy-duty vehicles, Euro 7 standards, circularity, and product sustainability)
as a crucial step in decarbonising road transport and advancing towards enhanced sustainability,
circularity, and innovation. It also advocates the importance of supportive measures and conditions,
and of a consistent policy framework, as key enablers of the energy transition in road transport.

--NEW-PAGE--

**Trade Association:**
Hydrogen Europe

**Position on climate change**

As a member of Hydrogen Europe, Iveco Group actively participates in several of the association's
working groups (e.g., Mobility, Heavy Duty, Sustainability, Funding and Finance, Advocacy) and in
its Technical Committee. We also participate in the European Clean Hydrogen Alliance[25] and in its
Mobility Roundtable, representing the road transport industry and contributing to the development
of a sustainable and competitive industrial-hydrogen economy in the EU.

Moreover, the Company actively contributes to the association's H2ero Net Zero strategy, aimed at
removing barriers to hydrogen investments, contributing to policy making, enabling the development
of clean hydrogen technologies, and scaling their deployment to deliver net zero by 2050.

Hydrogen Europe brings together various industry players, large companies, and SMEs that support
the delivery of hydrogen and fuel-cell technologies. Through its partnership with Iveco Group and
involvement in both the EU Clean Hydrogen Alliance and Important Projects of Common European
Interest (IPCEI), the association collaborates with public authorities to achieve this objective.

Hydrogen Europe is also actively involved in public private partnerships (PPP) supporting research,
technological development, and practical demos regarding fuel-cell and hydrogen technologies in
Europe. Its main policies focus on the role of hydrogen technology as the key to decarbonising the
EU's economy, while ensuring essential investments are channelled towards hydrogen applications
and projects in time to meet the 2030 climate targets.

25

(25) Initiative of the European Commission and Hydrogen Europe.

**Trade Association:**
Brazilian Association of Automotive Vehicle Manufacturers (ANFAVEA)

**Position on climate change**

Iveco Group is a member of ANFAVEA, an association established in 1956 comprising 26 members
from the passenger car, commercial vehicle, and agricultural machinery industries. The Company is
an active member of ANFAVEA's Board of Directors and of several of its committees (including Heavy
Duty, Environment, Safety, Legislative).

The association advocates for decarbonisation in the transport sector, supporting the introduction
of a diverse range of carbon-neutral solutions including biomethane and other biofuels, hydrogen,
and electrification. ANFAVEA has taken a leading role in discussions with the Brazilian government
on the development of policies to reduce carbon emissions. A special focus has been on creating
a framework to incentivise the local development of new technologies in collaboration with public
institutions, universities, and research centres. As part of this effort, the Brazilian government
launched the Route 2030 – Logistics and Mobility Program that, among other things, established a
mechanism enabling automakers to allocate funds to specific strategic projects.

ANFAVEA has also taken a prominent stance in supporting fleet renewal initiatives, since it is
estimated that Brazil has over 500,000 trucks and buses that are more than 20 years old. Beyond
the considerable environmental repercussions, vehicles approaching their end of life contribute
significantly to accidents and traffic congestion. For this reason, the association has advocated for
national and state-level fleet renewal programmes to assist truck and bus owners in acquiring newer
vehicles and to ensure the proper disposal of end-of-life vehicles.

--NEW-PAGE--

GRI
**2-12; 415-1**

###### 1.4.3.3 POLITICAL PARTIES
Iveco Group employs the highest standards of transparency and integrity in any and all
relationships it has with political parties, as well as with their representatives or candidates
(collectively referred to as Political Parties). Financial contributions to Political Parties are only
allowed where permitted by law and must be authorised at the appropriate level within each
legal entity.
In 2023, no contributions were made to Political Parties. An employee's political affiliation
or financial contribution is considered a personal matter and is completely voluntary, including
contributions made through a Political Action Committee (PAC).

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes