PSA - 2019 Universal Registration Document

GROUPE PSA Organisational structure

Parent-subsidiary relationships 1.2.3.

As the Group’s holding company, Peugeot S.A. is not directly involvedin anymaterialoperating activities. Peugeot S.A. has a normal parent company relationshipwith its subsidiaries.Themaineventsin this relationshipare reviewedin the Company’sfinancialstatementsin Section 6.4.Please refer as well to Note 18 to the 2019 ConsolidatedFinancial Statements for a

detailed description of Group related party transactions, in particularwithequity-accounted entities. For further information, please refer to the Statutory Auditors’ SpecialReporton relatedpartyagreementsandCommitments (see Section 6.7below).

Simplified organisational structure at 31 December 2019 1.2.4.

PEUGEOT S.A.

AUTOMOTIVE EQUIPMENT DIVISION

FINANCE DIVISION

AUTOMOTIVE DIVISION

OPEL VAUXHALL

FAURECIA

PSA AUTOMOBILES

OPEL AUTOMOBILES

AUTOMOBILES PEUGEOT

AUTOMOBILES CITROËN

DS

BANQUE PSA FINANCE

Interior Systems, Automotive Seating and Emissions Control Technologies

Retail financing to customers of the five brands and wholesale financing to their dealer networks

Design and production

Trade

Subsidiaries and entities in the dealership network (passenger cars and light commercial vehicles) Subsidiaries and entities in the dealership network for replacement parts

Manufacturing companies and entities jointly-owned with other car manufacturers (refer to Section 1.3.2.1.4).

At 31 December2019, therewere 456 entitiesincludedin the scopeof consolidation.A comprehensive list is found in Note 21to the 2019 ConsolidatedFinancial Statements (seeSection 5.6below).

8 GROUPE PSA - 2019 UNIVERSAL REGISTRATION DOCUMENT