Groupe Renault - 2019 Universal Registration Document

01 GROUPE RENAULT Management bodies as at March 2020 1.1.1 Key figures 1.1.2

OVERVIEW OF RENAULT AND THE GROUP 1.1

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16 17 19 19 48 52 56 58 58 59 61 62 65

2019 Sales Financing highlights 1.1.3 The Group’s main activities 1.1.4

Sales financing 1.1.5

Main Group subsidiaries and detailed organization chart  1.1.6

History of the Group 1.1.7

THE ALLIANCE 1.2

58

Overview 1.2.1 History 1.2.2

Functioning of the Alliance in 2019 1.2.3

Strategic cooperations 1.2.4

The Alliance’s financial indicators 1.2.5

Nissan 2019 results 1.2.6

EARNINGS REPORT – 2019 1.3

66

Sales performance 1.3.1 Financial results 1.3.2

68 73

RESEARCH AND DEVELOPMENT 1.4

78

The car of the future 1.4.1 2019 New Products 1.4.2 Performance levers 1.4.3

78 83 88 90

R&D: a unified international organization 1.4.4

INTERNAL CONTROL AND RISK 1.5 MANAGEMENT Group internal control and risk management system 1.5.1 Implementation of internal control and risk management objectives 1.5.2 94 General framework for internal control and risk management within the RCI Banque 1.5.3 group 95 91 91

RISK FACTORS 1.6 Risk factors for Automotive 1.6.1

98

98

Risk factors for the AVTOVAZ group 1.6.2

109 111

Risk factors for Sales Financing (RCI Banque SA) 1.6.3

REGULATORY ENVIRONMENT 1.7

116

Vehicle manufacturing regulations 1.7.1

116 118 121 122 122

Environmental regulations 1.7.2

European regulations applicable to the distribution of new vehicles and spare parts 1.7.3

Community design regulations 1.7.4

Banking regulations 1.7.5

POST-BALANCE SHEET EVENTS 1.8

123

The elements of the annual financial report are identified by the symbol.

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GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2019