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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

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COMMUNICATION PUBLISHED BY IVECO GROUP N.V. UPON REQUEST, IN THE NAME AND ON BEHALF OF TML CV HOLDINGS B.V.

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VOLUNTARY TOTALITARIAN TENDER OFFER FOR ALL OF THE COMMON SHARES OF IVECO GROUP N.V.

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PRESS RELEASE

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pursuant to Article 38, paragraph 2, of the Resolution no. 11971 of 14 May 1999, as further amended and supplemented (the “Issuers’ Regulation”)

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PUBLICATION OF THE OFFER DOCUMENT

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ACCEPTANCE PERIOD FROM 7 SEPTEMBER 2026 TO 26 OCTOBER 2026 (UNLESS EXTENDED)

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Amsterdam, 4 September 2026 – TML CV Holdings B.V. (the “Offeror“), a company wholly-owned by TML CV Holdings Pte. Ltd. (“TML CV HS”), hereby announces pursuant to Article 38, paragraph 2, of the Issuers’ Regulation, that on the date hereof it has published the offer document (the “Offer Document“), approved by Consob by resolution no. 24119 of 3 September 2026 and relating to the voluntary totalitarian tender offer under Articles 102 et seq. of the Italian Legislative Decree no. 58 of 24 February 1998, as further amended and supplemented (the “CFA“), and Article 37 of the Issuers’ Regulation (the “Offer“) promoted by TML CV HS, through the Offeror, on all the common shares (the “Common Shares“) of Iveco Group N.V. (“IVG” or the “Issuer“).

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The Offer Document is available to the public at:

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  • the registered office of the Offeror at Basisweg 10, 1043AP Amsterdam, The Netherlands;
  • the registered office of the Issuer at Via Puglia 35, 10156 Turin, Italy;
  • the registered office of BNP Paribas, Italian Branch, as intermediary responsible for coordinating the collection of the acceptances, at Piazza Lina Bo Bardi 3, 20124 Milan, Italy;
  • the website of Tata Motors at https://cv.tatamotors.com/;
  • the website of the Issuer at https://www.ivecogroup.com/; and
  • the website of the Georgeson S.r.l., as global information agent, at www.georgeson.com/it.

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The Issuer’s position statement pursuant to Article 103, paragraph 3, of the TUF, Article 39 of the Issuers’ Regulation, Article 2(2) jo. Article 18 of the Dutch Public Offers Decree (Besluit openbare biedingen Wft) is attached to the Offer Document, together with its annexes (the Issuer’s independent directors’ opinion drafted pursuant to Article 39-bis of the Issuers’ Regulation, together with the fairness opinion issued by Rothschild & Co Italia S.p.A., as financial advisor appointed by the independent directors, as well as the fairness opinion issued by Goldman Sachs Bank Europe SE, Succursale Italia, as financial advisor appointed by the board of directors of the Issuer1).

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The Offer is subject to the fulfilment (or waiver, as the case may be) of each of the effectiveness conditions indicated under Warning A.1, of the Section A of the Offer Document.

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Pursuant to Article 40, paragraph 2, of the Issuers’ Regulation, the acceptance period of the Offer, agreed with Borsa Italiana S.p.A., will start at 8:30 a.m. (CE(S)T) on 7 September 2026 and will end at 5:30 p.m. (CE(S)T) on 26 October 2026 (first and last day included) (the “Acceptance Period“), unless extended.