Petrus Discloses Significant Stake in Iveco Group N.V.

Petrus Legal Strategies (Jersey) Limited, Petrus Advisers Limited and funds advised by Petrus Advisers Limited (together, “Petrus”), which together hold between 3% and 5% of Iveco Group N.V. (“Iveco”) common shares, today issued the following statement regarding Tata Motors’s proposed all-cash voluntary tender offer for Iveco at Ꞓ14.10 per share:

_“We are currently reviewing the terms of the proposal and may provide further comments in due course. We look forward to engaging in a constructive dialogue with Iveco, Tata Motors and all other relevant stakeholders.”_

About Petrus Advisers and Petrus Legal Strategies

Petrus Advisers is an FCA regulated alternative investment management firm. Headquartered in London, it was founded in 2009. Petrus has a successful track record investing in European equities based on its proprietary analysis and entrepreneurial investment approach. Petrus takes a constructive approach actively working together with the management teams and boards of companies where we have a significant stake. Petrus Legal Strategies is a strategy within Petrus focused on investments with legal complexity.

Media contact:

ir@petrusadvisers.com

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