Chrysler Group LLC Response to Query on 2010 Executive Compensation Related to Special Master Report

Date: 03.23.10
PRESS RELEASE:

Auburn Hills, Mich., Mar 23, 2010 – Chrysler Group LLC worked closely and collaboratively with the Office of the Special Master to develop the 2010 compensation plan. The 2010 submission for the Top 25 executives not only complies with all of the Special Master guidelines but also provides for an overall competitive compensation package that clearly aligns compensation components with the performance of the Company. All Chrysler employees have the same goal: to build great products and return our company to profitability.

As a company, Chrysler Group is focused on developing the strength of our brands and in restoring the faith and confidence of our customers and stakeholders. We owe a debt of gratitude to the U.S. taxpayers for their support and intend to live up to the expectations of those who made sacrifices on our behalf.

Chrysler Group will continue to respect the privacy of our employees by maintaining the confidentiality of individual compensation information.

Source: Chrysler Media Services