Iveco Group announces agreement to sell Defence Businessto Leonardo Transaction creates Italy-based European land defence champion Turin, 30th July 2025. Iveco Group N.V. (EXM: IVG) announces the signing of a definitive agreement to sell its Defence Business (IDV and ASTRA brands), to Leonardo S.p.A. (BIT: LDO), a leading European defence and security company, for an enterprise value of €1.7 billion. The transaction will create an Italy-based, European champion in the land defence segment with the scale an ...

Group 1 - The company is engaged in advanced discussions for potential transactions involving its defence business and the overall balance of the company [1][2] - The Board of Directors is carefully reviewing these potential transactions while considering the interests of all stakeholders, including shareholders, employees, and clients [2] - Iveco Group operates under seven major brands, including IVECO, FPT Industrial, IVECO BUS, HEULIEZ, IDV, ASTRA, and IVECO CAPITAL, employing 36,000 people globally with 19 industrial sites and 31 R&D centres [3]

Group 1 - Iveco Group N.V. will release its financial results for Q2 2025 on July 30, 2025, with a conference call scheduled for the following morning [1] - A live audio webcast of the conference call will start at 11:00 a.m. CEST / 10:00 a.m. BST on July 31, 2025 [1] - The press release and presentation materials will be available on the corporate website prior to the conference call [2] Group 2 - Iveco Group N.V. encompasses seven brands, including IVECO, FPT Industrial, IVECO BUS, HEULIEZ, IDV, ASTRA, and IVECO CAPITAL, each specializing in different sectors [3] - The company employs 36,000 people globally and operates 19 industrial sites along with 30 R&D centers [3]

Francesco Polsinelli, Tel: +39 335 1776091 Fabio Lepore, Tel: +39 335 7469007 E-mail: mediarelations@ivecogroup.com Investor Relations: Federico Donati, Tel: +39 011 0073539 E-mail: investor.relations@ivecogroup.com The related press release and presentation will be posted on the corporate website at www.ivecogroup.com on Thursday, 15 May 2025. For those unable to take part in the live session, a replay will be available in the Investors section of the company website (www.ivecogroup.com) following the conf ...