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Constellium Joins Industry Consortium for Lightweight Vehicle Chassis Innovation Project

1. Constellium joins Project M-LightEn for ultra-light chassis design. Targets include 25% weight reduction. 2. Consortium aims to cut carbon intensity by 50%. Focus on sustainable vehicle innovations. 3. Constellium supplies ultra-high-strength aluminum from 80% recycled scrap. Partnership enhances research efforts. 4. Innovations expected by late 2027 for low-volume applications. Broader adoption to follow.

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Why Bullish?

The collaboration positions CSTM to capture growth in sustainable automotive innovations. Historical examples show that strategic partnerships in new materials and lightweighting (e.g., past successes with Innovate UK-backed projects) yield positive investor sentiment and price appreciation.

How important is it?

The project can significantly enhance CSTM's competitive edge in a growing sustainable automotive market. Its impact on lightweight, low-carbon manufacturing makes it a pivotal development for long-term profitability.

Why Long Term?

Breakthrough innovations and gradual mainstream adoption extending beyond 2027 suggest long-term benefits. Similar industry shifts in sustainable materials have driven long-term stock gains.

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PARIS, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) announced its participation in ‘Project M-LightEn,’ an ambitious new initiative to develop ultra-lightweight, sustainable vehicle chassis structures. Led by Gordon Murray Group (GMG), the initiative is supported by Innovate UK and the Advanced Propulsion Centre (APC), and includes as partners Constellium, Carbon ThreeSixty, and Brunel University London. Over the next three years, the consortium aims to achieve breakthrough innovations in unibody vehicle architecture that reduce carbon intensity by 50% while being 25% lighter. As part of Project M-LightEn, Constellium will supply ultra-high-strength aluminum solutions made with 80% recycled UK consumer scrap. These advanced materials will form the foundation of the unibody structure, enhancing the structural integrity of the unibody while reducing weight and carbon emissions. Brunel University London will collaborate with Constellium on advanced material research and testing, ensuring that every component meets the highest standards for performance and sustainability. “Alongside Gordon Murray Automotive’s niche supercar application, Project M-LightEn will enable decarbonization across the wider automotive industry by shortening and de-risking the path to market for innovative new materials and processes,” stated GMG’s Strategy and Business Director, Jean-Phillipe Launberg. “Through Project M-LightEn, Constellium reaffirms its commitment to pushing the boundaries of lightweighting technologies,” stated Martin Jarrett, Director Technology and Innovation at Constellium’s AS&I business unit. “This initiative allows us to develop cutting-edge aluminum solutions that redefine vehicle performance while combining innovation with sustainability and circularity.” The first phase of Project M-LightEn is underway, focusing on the exploration of new materials and joining techniques. By late 2027, the consortium’s innovations are expected to be available for low-volume commercial applications, with broader adoption in mainstream manufacturing to follow. About Constellium Constellium (NYSE: CSTM) is a global sector leader that develops innovative, value-added aluminum products for a broad scope of markets and applications, including aerospace, packaging and automotive. Constellium generated $7.3 billion of revenue in 2024. www.constellium.com Investor Relations CommunicationsJason Hershiser Delphine Dahan-KocherPhone: +1 443 988-0600 Phone: +1 443 420 7860investor-relations@constellium.com delphine.dahan-kocher@constellium.com

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