Turin, 17th March 2026. Iveco Group N.V. ( IVCGF ) announces that all conditions for the closing of the sale of its Defence Business (IDV and ASTRA brands) to Leonardo S.p.A. (EXM: LDO) have been met.

The transaction, which is expected to be finalised in the coming days, is a condition, inter alia, for the completion of the voluntary tender offer by Tata Motors Limited for all issued common shares of Iveco Group ( IVCGF ) (after the separation of its Defence Business), as announced on 30th July 2025.

Iveco Group N.V. ( IVCGF ) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The seven brands are each a major force in its specific business: IVECO ( IVCGF ), a pioneering commercial vehicles brand that designs, manufactures, and markets heavy, medium, and light-duty trucks; FPT Industrial, a global leader in a vast array of advanced powertrain technologies in the agriculture, construction, marine, power generation, and commercial vehicles sectors; IVECO BUS and HEULIEZ, mass-transit and premium bus and coach brands; IDV, for highly specialised defence and civil protection equipment; ASTRA, a leader in large-scale heavy-duty quarry and construction vehicles; and IVECO CAPITAL, the financing arm which supports them all. Iveco Group ( IVCGF ) employs 36,000 people around the world and has 19 industrial sites and 30 R&D centres. Further information is available on the Company’s website www.ivecogroup.com

Media Contacts:

Francesco Polsinelli, Tel: +39 335 1776091

Fabio Lepore, Tel: +39 335 7469007

E-mail: [email protected]

Investor Relations:

Federico Donati, Tel: +39 011 0073539

E-mail: [email protected]

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Source: Iveco Group N.V. ( IVCGF )