Notes: January 3, 2016 -- Fiat Chrysler Automobiles N.V. (FCA) (NYSE: FCAU) and Ferrari N.V. (Ferrari) (NYSE RACE) announced today that the separation of the Ferrari business from the FCA group was completed on January 3, 2016. FCA shareholders are entitled to receive one common share of Ferrari for every 10 FCA common shares held. In addition, holders of FCA mandatory convertible securities are entitled to receive 0.77369 common shares of Ferrari for each MCS unit of $100 in notional amount. Ferrari common shares will continue to trade on the NYSE under the RACE ticker symbol, the shares will trade under the new CUSIP N3167Y103. ________________Oct. 12, 2015 -- Fiat Chrysler Automobiles N.V. (NYSE: FCAU) (FCA) and its subsidiary New Business Netherlands N.V. to be renamed Ferrari N.V. announced today that Ferrari has launched its initial public offering. FCA, currently holding a 90 percent of Ferrari’s issued and outstanding share capital, intends to sell 17,175,000 common shares of Ferrari. This offering is intended to be part of a series of transactions to separate Ferrari from FCA. Following completion of this offering, FCA expects to distribute its remaining 80 percent interest in Ferrari to FCA shareholders at the beginning of 2016.