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* In compliance with the French transposition of EU Non Financial Reporting Directive.

2020

CORPORATE SOCIAL RESPONSIBILITY REPORT

Includes:

Declaration on Extra-­Financial Performance*

Integrated report

Climate report

Human rights report

Vigilance plan

PEUGEOT S.A. SCOPE

TABLE OF CONTENTS

	EDITO	2
	GROUPE PSA CONTRIBUTION
	TO GLOBAL SUSTAINABLE
	DEVELOPMENT GOALS	4
1.	CREATING SHARED
AND LASTING VALUE	7
INTEGRATED REPORT
	1.1.	A CSR program
		that is fully integrated
		into the Group strategy	8
	1.2.	CSR in the value-creation model	17

1.3. Transparency and CSR commitment: tangible results for the Group

and its stakeholders

23

1.4. Governance geared towards

sustainable growth

34

	CREATING A TANGIBLE IMPACT
	ON CLIMATE CHANGE
2. CLIMATE REPORT	39
	2.1.	Acknowledge climate-related risks to
		identify sustainable opportunities	43
	2.2.	CO2 Governance: put climate
		at the core of the decision-making
		process	51
	2.3.	Cutting CO2 Vehicle emissions, a top
		priority	56
	2.4.	Moving forward into a carbon-
		efficient production system	72
	2.5.	Improving the environmental
		performance of the supply chain:
		purchasing and logistics	85
	2.6.	Reporting scope methodology	90
3.	HUMAN RESOURCES: DRIVING
GROUPE PSA TRANSFORMATION 93
3.1.	Co-constructing social dialogue	96
	3.2.	Groupe PSA responsible
		employment policy for managing
		company transformations	100
	3.3.	Attracting and developping all talents	108

3.4. Safety, health and well-being

	in the workplace	118
3.5.	Equality and diversity	128
3.6.	Reporting scope and methodology	133

MEETING CUSTOMERS'
EXPECTATIONS ON QUALITY,
4. MOBILITY SOLUTIONS
AND DATA PRIVACY	135
4.1.	Vehicle and service quality -
	Customer satisfaction	139
4.2.	A presence in all mobility segments	146
4.3.	Consumer protection: responsible
	management of customer data and
	relationships	153
4.4.	Reporting Scope Methodology	155
PREPARING FOR GROWING
SOCIETAL EXPECTATIONS
5. ON HEALTH AND SAFETY	157
5.1.	Vehicle safety	160
5.2.	Improve air quality by reducing
	vehicle emissions	170
5.3.	Control of industrial discharges and
	nuisances: managing the impact on
	the environment and local residents	178
5.4.	Protection of natural environments
	and biodiversity efforts	182
5.5	Reporting scope and methodology	184
ENSURING PROTECTION
OF HUMAN RIGHTS
6. AND PREVENTING ETHICS
VIOLATION
HUMAN RIGHTS REPORT	187
(INCLUDING VIGILANCE PLAN)
6.0.	Vigilance plan	192
6.1.	Ethics in business practices	197
6.2.	Ensuring respect of human rights
	in supply chain	217
6.3.	Responsible information and marketing	228
6.4.	Reporting scope and methodology	234

7.	IMPLEMENTING RESPONSIBLE
USE OF NATURAL RESOURCES	237
7.1.	Wise use of material in the vehicle
		Life-cycle: environmental impact
		of materials (circular economy and
		sustainable management of materials)	240
	7.2.	Optimisation of material cycle in
		industrial processes, including waste	253
	7.3.	Sustainable water management:
		Controlling the water cycle in facilities	260
	7.4.	Reporting scope and methodology	263
	SUPPORTING A BALANCED
	ECONOMIC DEVELOPMENT
8. OF TERRITORIES	265

8.0. An innovation approach

as a lever of value-creation for our

	stakeholders in our host territories	268
8.1.	Local sourcing development in host
	territories	270
8.2.	Balanced governance and distribution
	of added value	280

8.3. Philanthropy and socially responsible

mobility	283
8.4. Reporting scope and methodology	286

9.	APPENDICES	287
9.1. CSR reference guides followed by
Groupe PSA	288

9.2. Forums for dialogue with stakeholders

	introduced by Groupe PSA	289
9.3.	Concerning this report	291
9.4. Reporting scope and methodology	292
9.5.	Indexes	296
9.6.	Auditor's Examination Report	308

Exploring our sustainable

development

actions...

Edito

2020 has dramatically confronted us with our own collective and individual responsibilities vis a vis human lives and economic systems. The Covid pandemic and its unexpected brutal threat on life led to lockdowns and restrictions sowing the seeds of a deep socio-economic crisis.

Groupe PSA chose PROACTIVE RESILIENCE to deal with the pandemic waves and implemented decisions at an unprecedented pace to protect its employees first, and serve its corporate purpose: ensure freedom of movement by providing safe, sustainable and affordable mobility solutions.

As a mobility provider, Groupe PSA ranks in the front-runners of the necessary global transition and take this responsibility seriously.

In this sanitary context, the group made sure, that this responsibility permanently guided its business strategic plan and its philanthropic actions to enhance performance, with no compromise on ethics. The human-centred lens it uses for all business operations were particularly helpful to see around corners, imagine what fitted best its stakeholders' interest and deliver a competitive edge with agility.

PERFORMANCE AS A SHIELD AGAINST THE CURRENT HEADWINDS AND THOSE TO COME

The results collectively achieved in the last 6 years proved to be the best safeguard against the chaos brought by the COVID-19 crisis. The group's positive financial position at the end of 2020 highlights the Group's resilience, as a reward of the recent years of intensive work to increase its efficiency.

These results also rely on a permanent watch on ESG data, used as pre financial indicators. Groupe PSA is a socially recognized company, as a member of the world's leading SRI(1) indexes. It had its carbon trajectory validated as compliant with the Climate Paris Agreement by SBTi in 2019. Financial and non-financial performances feed each other. This dual economic and societal performance proves to be the best protection against the vagaries of the markets.

Strong and long running companies bring solutions: Groupe PSA state of the art range of products and services supports its willingness to defend strongly the freedom of movement as a fundamental right for humanity.

Designing a sustainable future of mobility is both a matter of economic performance and responsibility.

(1) Socially Responsible Investment.

GROUPE PSA RESPONSIBILITY: BRINGING TANGIBLE ANSWERS TO THE QUESTION OF "AFFORDABLE MOBILITY"

1. long-timesupporter of the UN Global Compact and the ILO Principles, Groupe PSA embarks environmental and societal impacts in all its decision-making processes in a 360-degree approach.

At the most tumultuous moment of the Covid crisis, the Group never stepped back on ESG matters. On the contrary, it speeded up on pending decisions in order to protect its future and be true to its values:

• On the labor dimension, it immediately rolled out through the company the most demanding health protocol in order to protect employees.
• On the environmental dimensiontaking the lead of
  CO2 emissions in Europe for 2020, it accelerated the operational phase of its Carbon Neutrality Project with 4 major steps forward:
• • launching AMI, the Citroën full electric urban mobility device,
  • launching the new eVMP platform (Electric Vehicle Modular Platform) to gradually move from two multi-energy platforms to two 100% state of the art electrified platforms to support the ramp up of the range of electric vehicles,
  • making the mobility brand Free2Move an auton- omous and agile entity, with a technological expertise of the urban shared mobility solutions,
  • disrupting ways of working with 70% of time in remote working for all applicable job positions to
    reduce CO2 footprint of commuting and energy consumption of facilities by 30%.
• On the societal dimension, Fondation PSA brought exceptional support to the "All United against Coronavirus" Alliance, in addition to the Group's solidarity actions (donations of masks, production of respirators, 3D printing of protective screens and free vehicle availability for hospital employees) and a voluntary Top Management grant to support mobility solutions to people in precariousness.
• Finally, on the economic dimension, Groupe PSA managed both urgent and long-term matters with the same efficiency and resilience. While immediately and responsibly adjusting the production to market demand, and tailoring support to the most fragile suppliers, teams achieved to implement 2 strategic decisions, in line with the group's corporate purpose: make safe and sustainable mobility affordable.

2 GROUPE PSA - CORPORATE SOCIAL RESPONSIBILITY REPORT 2020 -

• vertical integration in electric mobility though the launch of ACC - "Automotive Cells Company"- , a joint venture dedicated to the manufacture of batteries in Europe.
• merger with FCA, leading to Stellantis, in order to leverage synergies and protect the affordability of sustainable mobility.

Fighting climate change and ensuring freedom of movement with affordable mobility solutions is where corporate responsibility and challenge stand for Groupe PSA.

There is no such thing as "one size fits all solution": the UN Sustainable Development Goals are a framework for actions and for the implementation of concrete solutions tailored to the specific needs of citizens in their specific territory with a long-term view.

TRANSPARENCY AS THE BASIS

OF A RESPONSIBLE DIALOGUE

WITH STAKEHOLDERS

As a leading company, the Group makes sure pursuing its corporate purpose fully benefits to its stakeholders­ with

consistent decisions and actions over time. Customers, employees, investors, suppliers and the civil society challenge the company and expect a positive contribution to the economy, the society and the environment.

The clarity and the quality of the information published transparently by Groupe PSA is a key factor of efficiency in its permanent dialogue with its stakeholders. It also feeds the public debate, for the benefit of the general interest. The Group notably supported a special issue of Politique Internationale dedicated to the freedom of movement in a decarbonized world.

The Group also updated its materiality matrix in 2020, involving a broad scope of internal experts and a wide range of external stakeholders, increasing the representativeness of the young generation and including regional focuses, notably from North America.

This annual CSR Report presents how Groupe PSA responsible business model creates shared and sustainable value. The 23 CSR commitments supported by accountable members of the Executive Committee are part of a proactive trajectory. All of the Group's employees are committed to implement its CSR roadmap, which reflects its ambitions for the future.

IMPORTANT NOTICE

This CSR Report, from which no legal consequences may be drawn, is for informational purposes only. This communication should not be construed in any manner as a recommendation to any reader of this document.

This communication is not a prospectus, product disclosure statement or other offering document for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of the Council of June 14th 2017.

This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither Stellantis N.V. nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise.

In this document, the terms "Groupe PSA" and "the Group" are used for convenience and are relative to the previous Peugeot S.A. perimeter only. Likewise, the words "we", "us" and "our" may also be used to refer to Peugeot S.A. subsidiaries in general or to those who work for them. Stellantis N.V. has no liability for the acts or omissions of Peugeot S.A. and its subsidiaries.

This CSR Report includes Peugeot S.A. Declaration on Extra-Financial Performance, which complies with the French transposition of EU Non-Financial Reporting Directive, responding to the main CSR risks and challenges identified by the company, based on a macroscopic risk analysis taking into account the double-materiality perspective and covering the 42 categories included in Article R 225-105 of the French commercial Code.

It reflects the Corporate Social Responsibility policies, commitments and results of the Automotive Division of Peugeot S.A. for 2020. It has been submitted to an independent third-party body's examination, as enclosed and described in section 9.6.

It contains the Groupe PSA Integrated Report in its first section, Climate Report in the second section and Human Rights Report in the sixth section (including the Vigilance Plan, pursuant to Act No. 2017-399 of 27 March 2017 on the duty of vigilance of parent companies and ordering companies).

As Groupe PSA acquired Opel and Vauxhall (OV) on 1st August 2017, this report includes CSR information specific to OV starting in the 2018 financial year. Most indicators are consolidated. However, to ensure a better readability and clearer understanding, PCD (Peugeot; Citroën; DS Automobiles) and OV data are presented separately for a few topics.

- CORPORATE SOCIAL RESPONSIBILITY REPORT 2020 - GROUPE PSA 3