PSA - 2019 Universal Registration Document

GROUPE PSA Risk factors DPEF.B

SUMMARYOF MATERIALRISKS

Riskcategory

Risksidentified

Exposure torisk

Strategy-related risks

Economic, geopolitical and health instability in regions where t Groupoperates >

High High

Ability to sell electric vehicles at a profit >

Poorperformance of growth drivers outside Europe: > [DPEF.B][DV.8]Local sourcing in host territories

High High

Ability to meet R&D investmentneeds >

Group transformation > [DPEF.B][DV.1] Management of Company transformations and social di logue;

Average

Difficulty with positioningDS as a premium brand > Disintermediation in mobility services: > [DPEF.B]Development of newmobility solutions

Average

Average

Operational risks and industrial risks

Downturn in the European market >

High

Qualityissueswithproductsand/or services: > [DPEF.B]Vehicle safety; [DPEF.B]customer satisfaction/product and service quality High Breakdown in the supply chain >

High High

Natural and industrial disasters >

Ability to expand sustainably and profitably in China, in p rticular,withourJVs >

Average Average

Cybercrime >

Talent management > [DPEF.B][DV.2] Attracting and developing all talents

Average Average Average Average

Change in distribution methods >

Development, launch and sale of new vehicles >

Information systems failure >

Financialand market risks

Fluctuations in commodity prices: > [DPEF.B][DV.7]Wise use ofmaterial in the vehicle life cycle - including recycling [DPEF.B]Optimisation of materials cycles - including wastemanagement - in manufacturing

High High High High Low

Foreignexchange rate fluctuations > Changes in customs tariffs > Changes in energy costs > BanquePSAFinance business > > standards (Carboneutrality):

Regulatory, legal and consumer risks

Industrial emissions and impacts on climate change including stricter CO

2 emissions

[DPEF.B]Vehicle CO 2 emissions; [DPEF.B] [DV.5]Industrial carbon footprint; [DPEF.B][DV.10]Supply chain environmental performance; [DPEF.B] [DV.6] Control of industrial discharges and nuisances Defect ofcompliance (anti-trust li igation;GDPR; AntiCo, etc.): > [DPEF.B]Ethics in business practices; [DPEF.B] [DV.9] Human rights in the supply chain; [DPEF.B] Vehicle impact on airquality;[DPEF.B]Responsible management of customer data and relationship Employer’s responsibility: > [DPEF.B][DV.4] Health, safety and well-being in the workplace; [DPEF.B] [DV.3] Diversity and equal opportunity

High

High

High

Intellectual property rights >

Average

Risks related to the PSA - FCAMerger

Consummation or not ofthe Merger or failure to timely complete the merger Low [DPEF.B]= Main CSR risks associated with the Company’s operations andits business dealings, products and services (detailed in section 2 * of the Non-Financial Performance Statement). [DV.1;10] = Main risks in relation to human rights and fundamental freedoms,personalandenvironmental health andsafety, resulting from theoperations of the Company, its subcontractors or suppliers (detailed in thevigilance plan in section 1.6).

In accordancewiththeDeclarationon Extra-FinancialPerformance [DPEF],theCSRrisksare listedin the tablesbelowshowingtheGroup’s operationalrisks andtheir riskmanagementandcontrol processes.

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GROUPE PSA - 2019 UNIVERSAL REGISTRATION DOCUMENT