Chrysler 2011 Annual Report Download - page 4

3
Right of Withdrawal
If the proposed mandatory conversion is approved by shareholders in the extraordinary session of the Annual General
Meeting and in the respective Special Meetings, any holders of preference and savings shares who are absent or do
not vote in favor of the conversion will have the right to redeem their shares for a period of 15 days from the date the
resolutions are filed with the Companies Register. Notice of that filing will be published in the same manner as the
present notice.
For shareholders electing to exercise the right of withdrawal, the redemption value for the preference and savings shares
of Fiat S.p.A. has been set as follows:
n €3.317 per preference share
n €3.458 per savings share
In accordance with the provisions of Article 2437-ter of the Civil Code, calculation of the redemption price for each share
class was based strictly on the arithmetic average of the respective closing prices for the six months prior to the date
of publication of this notice.
Conversion of each class of shares, or even of one share class independently from the other, will take place if the
conversion is approved by shareholders of that class – in addition to holders of ordinary shares – and if the aggregate
cash amount to be paid to withdrawing shareholders pursuant to Article 2437-quater of the Italian Civil Code does not
exceed: (i) as far as the Conversion of preference shares is concerned, €56 million and (ii) as far as the Conversion of
savings shares is concerned, €44 million. In any event, the consideration connected with the exercise of the withdrawal
rights will not exceed €100 million.