Groupe Renault - 2019 Universal Registration Document

RENAULT: A RESPONSIBLE COMPANY

ANNUAL GENERAL MEETING OF RENAULT ON APRIL 24, 2020

CORPORATE GOVERNANCE

GROUPE RENAULT

FINANCIAL STATEMENTS

RENAULT AND ITS SHAREHOLDERS

ADDITIONAL INFORMATION

COMPENSATION OF COMPANY OFFICERS

For the 2019 financial year and in accordance with the calculation rules detailed above, the total gross amount of compensation allocated to the directors was €2,294,750, given the significant number of additional meetings of the Boarof Directors and of the committees and the large number of directors in each committee. As this amount is higher than the envelope approved by the Annual General Meeting on June 15, 2018, a reduction factor of approximately 35.4% has been applied. As a result, the total amount of compensation actually allocated to the directors amounted to €1,500,000. On the recommendation of the Governance and Compensation Committee, the Board of Directors decided at its meeting on July 27, 2019 to pay an additional compensation of €50,000, not subject to

the reduction factor, to Mr Lagayette in view of his significant involvement, as Lead Independent Director, in managing Renault’s governance crisis in early 2019. In addition, at its meeting of February 13, 2020, the Board of Directors, on the recommendation of the Governance and Compensation Committee, decided to pay an additional compensation of €10,000, subject to the reduction factor, to Mr Fleuriot as Lead Independent Director. It is specified that the three directors representing the employees and the director representing the employee shareholders hold employment contracts within subsidiaries of the Company and receive in this respect a remuneration that is not related to the exercise of their directorship. Consequently, such remuneration is not disclosed.

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TABLE ON THE COMPENSATION RECEIVED BY NON-EXECUTIVE CORPORATE OFFICERS (TABLE NO. 3 AS PER AFEP-MEDEF CODE RECOMMENDATIONS) The gross amounts are calculated using the calculation and distribution methods for directors’ compensation adopted by the Board of Directors.

2019 financial year

2018 financial year

Amounts allocated for the 2019 financial year (in euros)

Amounts paid during the 2019 financial year* (in euros)

Amounts allocated for the 2018 financial year (in euros)

Amounts paid during the 2018* financial year (in euros)

Director

Mr Senard Ms Barba Mr Barrat (1) Mr Belda (2)

0

-

-

-

77,514 62,980

77,499 58,374

77,499 58,374

46,920 54,968 34,912 43,943 51,996 50,758 34,169 68,338 54,968 47,539 65,367 83,194 65,367 72,795 57,939 14,856 47,539 57,939 75,766 65,367 - - 54,968 -

-

-

-

Ms Bensalah Chaqroun

59,105 45,055 53,130 96,893

48,396 66,708

48,396 66,708

Ms Blair (3)

Mr Courbe (4) (5) Ms Darmaillac

4,500

4,500

75,600

75,600

Ms de la Garanderie (2)

- -

-

-

Mr Desmarest (6) Mr Derez (7) Mr Faure (4)(8) Mr Fleuriot (9) Mr Gentil (1) Mr Ghosn (3) Mr Lagayette (3) Mr Ostertag (1) Mr Personne (1)

11,550 41,213 32,625 28,613 58,374 48,000 24,150 76,650 74,520 77,004 72,594 47,088 49,350 86,975 105,000 -

11,550 41,213 32,625 28,613 58,374 48,000 24,150 76,650 74,520 77,004 72,594 47,088 49,350 86,975 105,000 -

84,781

-

104,806 68,794

0

Mr Ladreit de Lacharrière (10)

-

119,278 94,955 102,706 78,968 68,309 88,657 91,079 102,706 29,552 70,732 -

Ms Qiu

Mr Riboud (2) Ms Serizawa Ms Sourisse Mr Thomas

Mr Vial (4)

Ms Winkler (11) Mr Yamauchi

-

-

-

56,244 50,387 The amount of compensation allocated in respect of the 2017 financial year and paid in 2018 are subject to an individual ceiling. In addition, a reduction ratio (of around * 0.95%) had been applied to the scale to avoid exceeding the overall budget. The compensation due to the directors representing the employees and the director representing the employee shareholders in respect of their corporate office is paid to (1) their respective trade unions. Director whose term of office ended on June 15, 2017. (2) Director whose term of office ended on June 12, 2019. (3) Director representing the French State. The compensation allocated to Messrs Courbe and Vial is paid to the State budget pursuant to order No. 2014-948 of August 20, 2014. (4) Director co-opted on October 5, 2018. This co-optation was ratified by the Annual General Meeting held on June 12, 2019. (5) Director whose term of office ended on February 15, 2018. (6) Director co-opted on February 15, 2018. This co-optation was ratified by the Annual General Meeting held on June 15, 2018. (7) 56,244

Director whose term of office ended on October 5, 2018. (8) Director whose term of office started on June 15, 2018. (9) Director whose term of office ended on June 15, 2018. (10) Director whose term of office started on June 12, 2019. (11)

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GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2019