INVESTOR MEETING POISSY PLANT September, 2010 This presentation may contain forward-looking statements. Such forward-looking statements do not constitute forecasts regarding the Company’s results or any other performance indicator, but rather trends or targets, as the case may be. These statements are by their nature subject to risks and uncertainties as described in the Company’s annual report available on its Internet website (www.psa-peugeot-citroen.com). These statements do not reflect future performance of the Company, which may materially differ. The Company does not undertake to provide updates of these statements. More comprehensive information about PSA Peugeot Citroën may be obtained on its Internet website (www.psa-peugeot-Citroën.com), under Regulated Information. Investor Meeting Poissy Plant – September 28, 2010 2 Safety is our first EMERGENCY EXIT concern 1 Reception 55 Exhibition 2 33 Stage 3 22 44 You are here 4 Restauration 5 1 77 DS3 exhibition 6 207 & C3 exhibitions 7 66 EMERGENCY EXIT Investor Meeting Poissy Plant – September 28, 2010 3 STRATEGY UPDATE September, 2010 Philippe Varin Chairman of the Managing Board 5 Highlights of the 2010 first half results • Strong recovery in Group recurring operating income: €1 137m (margin of 4%) • Significant turnaround in automotive profitability: recurring operating income of €525m (margin of 2.5%) • Performance Plan delivery of €854m ► Successful new models ► Market share rises to 14.5% in Europe in H1 ► Production & procurement cost savings • Free Cash Flow of €341m , net debt of €1 732m versus €1 993m at the end of 2009 • Gearing of 12.5% Investor Meeting Poissy Plant – September 28, 2010 6 Outlook > Market assumptions • Europe: down 7% • China: double digit growth • Latin America: high single digit growth > Objectives for 2010 • Automotive recurring operating income: close to break even in H2 • Group recurring operating income: around €1.5bn • Performance Plan: on track to deliver €1.1bn in benefits Investor Meeting Poissy Plant – September 28, 2010 7 Strategy Update 8 Progress on our ambitions 50% of vehicle sales in high growth A global player markets by 2015 A step ahead Design, emissions, services Operational excellence €3.3bn Performance Plan Investor Meeting Poissy Plant – September 28, 2010 9 China Passenger car equipment rate 800 Number of PC on the roads 700 135 000 000 PC Italy 25 000 000 PC 600 Canada Switzerland Australia UK Austria Germany 500 Spain France Sweden Belgium Netherlands Greece Japan USA Poland 400 Czech Rep Portugal 300 Malaysia Sth Korea Russia 200 Romania Mexico Argentina Brazil South Africa 100 Turkey Iran CHINA Indonesia India 0 0 1 000 000 2 000 000 3 000 000 4 000 000 5 000 000 6 000 000 7 000 000 8 000 000 2009 Passenger car market Investor Meeting Poissy Plant – September 28, 2010 10 China Passenger car in 2020 In thousands 30 000 25 000 20 000 15 000 10 000 5 000 0 Source: PMT 29/10/2009 CHINA USA RUSSIA BRASIL INDIA JAPAN Investor Meeting Poissy PlantGE – SeptemberRMANY 28, 2010 UK ITALIA FRANCE SPAIN IRAN KOREA MEXICO CANADA UKRAIN AUSTRALIA MALAYSIA BELUX ARGENTINA 11 China Customer Profile Chinese European First time buyers 80% 13% Male ratio 83% 67% 1 car per household 75% 38% Average age 35 yrs 49 yrs Urban driver 89% 63% Investor Meeting Poissy Plant – September 28, 2010 12 China > Strengthening of Dongfeng Peugeot Citroën Automobile > Second JV with Chang’an to expand Chinese footprint > Develop China Tech Center in Shanghai > Managing Board member based in Shanghai Investor Meeting Poissy Plant – September 28, 2010 13 China > Record performance in H1 2010 at DPCA > 5% market share in 2015 • Vehicle sales up 50% to 176 000 • Net income, Group share of €97m* vs €9m H1 09 • One new vehicle launch per year, per brand • STT Hybrid vehicles from 2011 PEUGEOT 408 • Capacity increased to 450 000 units with opening of Wuhan 2 in November 2009 • Third plant to come on stream in 2013 CITROËN C5 * PSA 50% share of net profit consolidated as equity affiliate Investor Meeting Poissy Plant – September 28, 2010 14 China > Second JV with Chang’an to expand Chinese footprint • Citroën DS line with first vehicle launched in 2012 • Development of LCVs • Production capacity of 200k p.a. at Shenzhen > Develop China Tech Center in Shanghai • New product growth momentum • Develop environmental leadership > Managing Board member based in Shangai Investor Meeting Poissy Plant – September 28, 2010 15 Latin America and Russia > Latin American development • New model momentum: Peugeot Hoggar, Citroën Aircross PEUGEOT Hoggar • 3yr investment programme for product development and plant capacity: ► Brazil: €530m ► Argentina: €170m CITROËN Aircross > Russian production underway • Assembly started at Kaluga plant with the Peugeot 308, Citroën C4 since April 2010 • Production of SUVs since September 2010 PEUGEOT 308 Investor Meeting Poissy Plant – September 28, 2010 16 Core range models for high growth markets Vehicles: Production: • Peugeot 408 Wuhan, China Palomar, Argentina • Mid-size sedan Vigo, Spain PEUGEOT 408 China & Latin America to follow • “Global small” vehicle Under consideration Investor Meeting Poissy Plant – September 28, 2010 17 Progress on our ambitions 50% of vehicle sales in high growth A global player markets by 2015 A step ahead Design, emissions, services Operational excellence €3.3bn Performance Plan Investor Meeting Poissy Plant – September 28, 2010 18 Design PEUGEOT RCZ CITROËN DS3 PEUGEOT 508 CITROËN DS4 Investor Meeting Poissy Plant – September 28, 2010 19 Emissions > 1 million vehicles ≤120g CO 2/km by 2012 vs 750 000 in 2009 Diesel Stop & Start Gasoline 207, C3 & up to 1l. 3 cyl DS3 -15% ≤99g ≈ 85% 99g CO 2/km CO 2/km CO 2/km Gasoline and diesel Full hybrid Hybrid Electric diesel Plug-in vehicle «HYbrid4 < 50g ≈ 15% diesel» CO 2/km 2009 Electric and hybrid 2010 2011 2012 2020 Investor Meeting Poissy Plant – September 28, 2010 20 Electric cars & scooters PEUGEOT iOn CITROËN C-Zero PEUGEOT E-vivacity Scooter CITROËN Berlingo Electric Investor Meeting Poissy Plant – September 28, 2010 21 Hybrid technologies PEUGEOT 3008 Hy4 PEUGEOT 508 CITROËN DS5 Hy4 Investor Meeting Poissy Plant – September 28, 2010 22 Customer services and mobility Customer services • Insurance, maintenance, emergency call • Fleet management system • Launched in 26 European cities by year end • 4 000 active clients in France • No membership required • Instant mobility • Travel service Investor Meeting Poissy Plant – September 28, 2010 23 Progress on our ambitions 50% of vehicle sales in high growth A global player markets by 2015 A step ahead Design, emissions, services Operational excellence €3.3bn Performance Plan Investor Meeting Poissy Plant – September 28, 2010 24 Performance Plan delivery > €3.3bn Performance Plan 2010-2012 €1.1bn 30% Sales & Marketing €854m at 30.06.10 15% High growth markets Production, 55% Development & SG&A 2010 2011 2012 Investor Meeting Poissy Plant – September 28, 2010 25 Performance Plan delivery > Sales & marketing (30%) FY 2012 H1 2009 H1 2010 Target Market share in Europe 13.7% 14.5% - B2B Market share in Europe 14.4% 15.1% 18% CO 2/km: vehicles ≤ 120g/km 379 000 435 000 1 000 000 Service contracts (N°) 157 000 225 000 500 000 Mu by Peugeot (N° of outlets) 4 pilots 20 250 Investor Meeting Poissy Plant – September 28, 2010 26 Performance Plan delivery > High growth markets (15%) FY 2012 H1 2009 H1 2010 Target China market coverage 33% 34% 40% Latin America market coverage 41% 47% 57% Russia market coverage 44% 51% 77% Investor Meeting Poissy Plant – September 28, 2010 27 Performance Plan delivery > Production, development & SG&A (55%) FY 2012 H1 2009 H1 2010 Target Capacity utilisation in Europe 66% 89% 105% Hours per vehicle (2009 base 100) - -4% -20% Development productivity (2009 base 100) - -10% -20% Repeat components 30% 39% 50% Procurement by key suppliers 25% 35% 50% Investor Meeting Poissy Plant – September 28, 2010 28 To sum up Building blocks in place in high growth markets > to reach 50% sales by 2015 > Products to support market share and pricing power > Pioneering technologies to reduce CO 2 emissions > Underpinned by operational excellence Investor Meeting Poissy Plant – September 28, 2010 29 INDUSTRIAL STRATEGY September, 2010 Denis Martin Executive Vice-President, Industrial operations 31 Plant locations Automobile manufacturing plants Mechanical component plants and foundries * Joint-ventures Paris region Douvrin * Valenciennes Hordain (Selvenord *) Charleville-Mézières Saint-Ouen Trémery Russia Caen Aulnay Metz Czech Kaluga * sous-Bois Vesoul Poissy Rennes Mulhouse Republic Sochaux Sept-Fons Kolin * Trnava Slovakia Vigo Bursa China Madrid Val di Sangro Xiangfan * (Selvelsud *) Wuhan * Mangualde Brazil Porto Real Jeppener Buenos Aires Argentina Investor Meeting Poissy Plant – September 28, 2010 32 Efficiency improvement to date > Surface downsizing > European capacity Square meters Million 4 500 000 4 400 000 4 300 000 -12% 4 200 000 2.8 -10% 4 100 000 2.6 4 000 000 3 900 000 2.4 3 800 000 3 700 000 2.2 3 600 000 3 500 000 2007 2008 2009 2010 2007 2008 2009 2010 Investor Meeting Poissy Plant – September 28, 2010 33 Efficiency improvement to date in Europe > Non producing workforce > Hours per vehicle Base 100 25 000 White collar headcount 110 at end of the year 108 21 000 106 21 000 -34% -8% 104 18 800 102 17 000 16 400 100 14 500 13 900 98 13 000 96 2007 2008 2009 2010 2007 2008 2009 2010 Investor Meeting Poissy Plant – September 28, 2010 34 Capacity utilisation, manufacturing productivity Performance Plan: operational KPI Increase capacity utilisation in Europe from 81% in 2008 to 105% by 2012* Reduce production hours per vehicle by 20% * Hourly capacity x 16 hours x 235 days Investor Meeting Poissy Plant – September 28, 2010 35 Increase capacity utilisation in Europe > Capacity utilisation, Harbour index* 105% Est.