AXA and STELLANTIS finalize the AXA Credit transaction

Casablanca, September 15^th, 2025 – Stellantis and AXA announced today the finalization of the acquisition from AXA Assurance Maroc of 80% of shares in AXA Credit, its consumer credit subsidiary.

The acquisition has been carried out by Fidis S.p.A., a 100% owned company by Stellantis group.

As part of this transaction, AXA Assurance Maroc and Fidis S.p.A. are entering into a preferred partnership for the insurance distribution, under which AXA Crédit will distribute AXA products to its existing and future customers.

Andrea Faina, Director of Stellantis FSOA Financial Services and CEO of Fidis S.p.A.: “By acquiring the majority of AXA Credit, Stellantis is setting up its own financing entity in Morocco, a growing market. This partnership with AXA Assurance Maroc will offer an integrated global solution combining vehicle sourcing, financial services and insurance, promoting the loyalty of our customers and supporting our business ambitions in the country.”

Gilles Fromageot, General Manager of AXA Assurance Maroc & French Speaking Africa said on this occasion: “Today, a new chapter is opening for AXA Crédit, made possible by the work of its team which has been able to build a unique position on the credit market for civil servants. Through this transaction, we are honored to partner with Stellantis, a major industrial player and key investor in the Moroccan economy. For AXA Assurance Maroc, which will retain a 20% stake in AXA Credit, this partnership also opens up new opportunities for collaboration with Stellantis in the African market. The decision to transfer control of its credit subsidiary is part of AXA Assurance Maroc and AXA Group’s strategy to focus on insurance activities, while collaborating with experts for non-insurance activities”.

About AXA Assurance Maroc
AXA Assurance Maroc is the 4th largest Moroccan insurer in non-life and savings insurance, serving nearly 2 million customers in Morocco through one of the largest networks of general agents and insurance intermediaries. AXA Assurance realized a turnover of 6,816 million dirhams in 2024 and manages 27 billion dirhams of actives. AXA Assurance Maroc is a 100% subsidiary of the AXA Group, one of the world's leading insurance companies. More information on www.axa.com/fr/investisseurs

Press Contact: Meriem MEHBI - meriem.mehbi@axa.ma / 00212 668 78 92 38

About Fidis S.p.A.
Fidis S.p.A. is the holding company of a group of enterprises which, through its subsidiaries, offers financial services to the automotive world. Fidis S.p.A. operates in the global level from its Italian headquarters and coordinates the financial services offered directly, through its subsidiaries in Argentina, Brazil  China and Mexico, and indirectly in North America, the Middle East and Africa, as well as in India and the Asia-Pacific countries, providing support in the definition of financial activities for the benefit of Stellantis Group.'s chain of supply and its end customers. Fidis S.p.A. is fully owned by the Stellantis group, a world leader in automotive manufacturing and a shipper of innovative mobility solutions. More information on https://www.stellantis.com/fr/finance/contacts-relations-investisseurs 

About Stellantis
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is a leading global car manufacturer, whose mission is to offer its customers the freedom to choose their mode of travel, adopt the latest technologies and drawing value for all its stakeholders. Its unique portfolio of iconic and innovative brands includes Abarth, Alfa Romeo, Chrysler, Citroen, Dodge, DS Automobiles, FIAT, Jeep_®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. For more information, visit www.stellantis.com

For more information, contact:
Hakim Semmami +212 633 200 333 – hakim.semmami@stellantis.com
www.stellantis.com