Leasys S.p.A., Drivalia S.p.A. and Crédit Agricole Auto Bank entered into a binding agreement to acquire ALD's activities in Ireland, Portugal and Norway from ALD S.A. on March 22, 2023. The completion of the transaction, expected in the course of 2023 well after the closing of the creation of the NewCo, is subject to the customary conditions precedent in this area, namely the completion of the acquisition of LeasePlan by ALD and the approval of the competent authorities 2023.The closing of the transaction is subject to regulatory and antitrust approvals. Bertrand Cardi, Christophe Vinsonneau, Forrest Alogna and Cécile de Narp of Darrois Villey Maillot Brochier acted as ALD S.A. (ENXTPA:ALD). Pierre Thomet and Alain Garnier and Julien Bourmaud-Danto of Linklaters LLP acted as legal advisor to Stellantis N.V. (BIT:STLAM) and Crédit Agricole Consumer Finance S.A. PwC Transaction Services acted as advisor to ALD. PWC team includes Financial Vendor Assistance: PwC Deals (Céline Appel, Amine Mimita, Salah Eddine Ouadia), PwC Ireland, PwC Norway, PwC Portugal, PwC Czech Republic, PwC Luxembourg, PwC Finland. Tax Vendor Assistance: PwC Société d'Avocats (François-Marc Venier, Anne-Claire Revirard, Simon Lacheré, Martin Billecocq), PwC Ireland, PwC Norway, PwC Portugal, PwC Czech Republic, PwC Luxembourg, PwC Finland. Dittmar & Indrenius Attorneys Ltd. acted as legal advisor to Crédit Agricole Consumer Finance S.A. JPMorgan Chase & Co. (NYSE:JPM) acted as financial advisor to ALD S.A. (ENXTPA:ALD).

Leasys S.p.A., Drivalia S.p.A. and Crédit Agricole Auto Bank completed the acquisition of ALD's activities in Ireland, Portugal and Norway from ALD S.A. on May 22, 2023. The new company will be led by Tim Albertsen, current Chief Executive Officer of ALD Automotive, who has been appointed Chief Executive Officer. He will be supported by two Deputy CEOs as well as an executive committee of 13 members. The completion of the acquisition has been approved by the relevant regulatory authorities and the integration of the two companies into the new entity will now begin.