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2014 | ANNUAL REPORT 9

Both Ferrari and Maserati posted strong growth and Components also made a positive contribution.

With regard to the near-term outlook, we have already given guidance for the current year, with expected worldwide

shipments in the 4.8 to 5.0 million unit range, revenues of around €108 billion, EBIT in the €4.1to €4.5 billion range,

net proﬁt of €1.0 to €1.2 billion and net industrial debt in the €7.5 billion to €8.0 billion range.

We will work towards the achievement of these targets with the same spirit that has brought us this far and with

respect for the diversity of experiences and cultures that coexist, both inside and outside the Group. That commitment

extends to the needs of local communities and the environment, as well as the legacy that we intend to leave future

generations.

For the sixth consecutive year, the Group was included in the prestigious DJSI World, with an overall result that places

FCA among the world’s leading companies in terms of economic, environmental and social performance.

For the third consecutive year, we were recognized as a leader for our commitment to addressing climate change.

On the basis of transparency in disclosure and performance, FCA was named among the top ranked companies in the

Climate Performance Leadership Index (CPLI).

These recognitions are the result of a business philosophy involving some 300,000 people throughout the

organization, each taking accountability for achieving our targets, striving for excellence and acting responsibly.

I’d like to take this opportunity to thank everyone in the FCA organization for embracing the culture of sustainability

and making a concrete contribution so that every year we, as a team, can look back with pride at the progress we

have made.

Thank you also to all of our shareholders for standing by us as we have grown and transformed the business and for

supporting us as we continue on this new global venture together.

5 March 2015

/s/ Sergio Marchionne

Sergio Marchionne

CHIEF EXECUTIVE OFFICER