IVECO S.P.A.

Shareholders of IVECO S.p.A.

IVECO S.p.A. is a single-shareholder società per azioni. Its own corporate-data page records it as “a socio unico” with a share capital of EUR 369,500,000, fully paid. Iveco Group N.V.’s Annual Report at 31 December 2025 lists “Iveco S.p.A., Italy” among the subsidiaries consolidated line by line, with a percentage interest held of 100.00%.

The company’s share capital is therefore held entirely within the Iveco group. The identity of the immediate sole shareholder is not disclosed in any free public filing; the register’s elenco soci is released only through a fee-based visura. No third party — index fund, institution or individual — holds shares in IVECO S.p.A. itself.

Ultimate beneficial ownership

The chain runs from IVECO S.p.A. (Italy, codice fiscale and partita IVA 09709770011) to Iveco Group N.V. (Netherlands, KvK number 83102701), which holds 100.00% and whose common shares are admitted to trading on Euronext Milan.

The parent’s own ownership is that of a widely held listed company. Its Annual Report at 31 December 2025 records Exor N.V. as its largest shareholder, holding approximately 27.06% of common shares and 43.11% of voting rights under the loyalty voting structure, and states that Exor N.V. had irrevocably committed to tender its shareholding into the offer described below. The chain above Exor N.V. was not verified from primary sources in this review, and no natural person has been verified as holding, directly or indirectly, more than 25% of IVECO S.p.A.

Change of control, with dates. On 30 July 2025 Iveco Group N.V. announced an agreement with Tata Motors Limited on a recommended voluntary tender offer for all its issued common shares at EUR 14.1 per share in cash (cum dividend, excluding any dividend relating to the defence disposal), a total consideration of approximately EUR 3.8 billion, conditional among other things on the prior separation of the defence business. On the same day the group announced the sale of that defence business (IDV and ASTRA brands) to Leonardo S.p.A. at an enterprise value of EUR 1.7 billion. Iveco Group announced on 17 March 2026 that all conditions precedent to that sale were fulfilled, and the transfer to Leonardo S.p.A. completed on 18 March 2026.

On 4 September 2026 Tata Motors and Iveco Group announced the commencement of the offer by TML CV Holdings B.V., a Tata Motors subsidiary, with an acceptance period running from 7 September 2026 to 26 October 2026 and an extraordinary general meeting convened for 16 October 2026. That announcement states that all required competition clearances, foreign direct investment clearances, the EU Foreign Subsidies Regulation clearance and prior authorisations had been obtained. If the offeror acquires 95% or more of the common shares it intends to commence a Dutch statutory squeeze-out; between 80% and 95% it intends to implement a post-offer demerger and liquidation, subject to approval at that meeting.

As at 24 September 2026 the offer is open and has not settled. Tata Motors Limited does not yet control Iveco Group N.V., and therefore does not yet control IVECO S.p.A. Control of IVECO S.p.A. today rests with Iveco Group N.V.

Data availability

The record behind this page carried four shareholder rows for IVECO S.p.A. — Vanguard Tax-Managed Funds / Vanguard Developed Markets Index Fund at 10.78%, iShares Core MSCI EAFE ETF at 8.36%, iShares MSCI EAFE Small-Cap ETF at 4.63% and a fourth row at effectively 0%. These are index-fund positions in the listed parent, Iveco Group N.V., and they were presented as shareholders of IVECO S.p.A. They are not shareholders of this company, which has a single shareholder inside the group.

Those rows were verified by the provider at 2 August 2026 and priced in EUR. Neither the percentages nor the share counts can apply to IVECO S.p.A., whose capital is not publicly traded and is held by a single shareholder.

The provider source field (gd_source_name) for this record is empty, so no originating register or dataset is identified for any of the stored ownership data. Entity-level ownership detail for IVECO S.p.A. is available from the Registro Imprese only on a fee-paying basis; no aggregator or auto-generated company profile has been used in its place.

Directors and officers of IVECO S.p.A.

The consiglio di amministrazione and collegio sindacale of IVECO S.p.A. are recorded in the Registro delle Imprese of Turin. Those particulars are released only through a fee-based visura, and neither the company’s own website nor the parent’s published filings set out the board or the statutory auditors of this entity. They could not be obtained free of charge and are therefore not stated here. No directory or auto-generated profile has been substituted for the register.

The individuals named in the record behind this page hold roles at Iveco Group N.V., the listed parent, and not, on any evidence available here, offices in IVECO S.p.A. They are group roles: Gerrit Marx is recorded as chief executive of the group, Anna Tanganelli as Chief Financial and Information Technology Officer of the group, Veronica Quercia in a group human resources role, and Sylvain Blaise as President of the Powertrain business unit, which is a business-unit role rather than a directorship of this Italian company.

Recent officer changes

30 July 2026 — Iveco Group N.V. announced a transition to a new Chief Financial Officer, Anna Tanganelli leaving the company with effect from 2 November 2026. This is a change at group level; its effect, if any, on the board of IVECO S.p.A. is not disclosed in free public sources.

Data availability

The record carried 13 officer rows for IVECO S.p.A., all of them group management of Iveco Group N.V. rather than verified officers of this entity. The rows also show three specific defects: a doctorate was carried inside a personal name field, so the surname field does not contain a surname; two different people are both given the title Chief Human Resources Officer; and every row has a null appointment date and a null resignation date, so no row can be dated or aged.

Nationality is not recorded for any of these individuals in an official register or filing consulted here, and is therefore stated as: Not disclosed. No date of birth and no codice fiscale of any natural person is published on this page.

Group structure of IVECO S.p.A.

IVECO S.p.A. is an operating company inside the Iveco group and sits below the listed parent. It is not itself the head of the group. The ownership percentages below are the group interests reported in Iveco Group N.V.’s Annual Report at 31 December 2025; that report states the group interest held in each company and does not set out which entity holds each subsidiary directly, so no direct holding by IVECO S.p.A. in any of them is asserted here.

The German, Turkish, Chinese and Portuguese companies above are national market, sales and distribution companies, and the Czech company is a bus manufacturer; all are held within the group. On the evidence available they are fellow subsidiaries of IVECO S.p.A. under the same parent, not subsidiaries of IVECO S.p.A.

Data availability

The stored group tree contains a structural defect: it shows “Iveco Group N.V. [NL 83102701]” at the apex with “IVECO GROUP NV [IT IT12520180014]” as its subsidiary immediately below, and then hangs the national companies off the Italian entry. These are one legal entity, not two. VIES confirmed on 24 September 2026 that Italian VAT number IT 12520180014 is registered to “IVECO GROUP N.V.” at Via Puglia 35, 10156 Turin, which is the Italian registration of the Dutch parent. The tree therefore duplicates the parent across two jurisdictions and inserts a phantom intermediate holding company.

Two further defects affect the record. The identifier field for this company holds the Turin REA number TO1074767 rather than the codice fiscale and partita IVA 09709770011, and REA numbers are chamber-level indices that are not unique across Italy. The legal form field reads “Private limited company (Ltd.)”; IVECO S.p.A. is a società per azioni, a joint-stock company. The stored tree also carries a character-encoding artefact in a German entity name, rendering “beschränkter” as an unconverted escape sequence. The provider source field is empty, so none of this can be traced to an originating register.

The company’s own corporate-data page at iveco.com states a codice fiscale of 01053960017 for Iveco S.p.A. On a VIES check on 24 September 2026 that number resolves to a different company, FCA Partecipazioni S.p.A. of Via Plava 80, 10135 Turin. The number registered to IVECO SPA at Via Puglia 35 is 09709770011, and that is the identifier used on this page.

The subsidiary list in the parent’s annual report gives group interests only. IVECO S.p.A.’s own direct subsidiaries, if any, would appear in its statutory accounts and register extract, which are fee-based and were not obtained.