Groupe Renault - 2019 Universal Registration Document

RENAULT: A RESPONSIBLE COMPANY

ANNUAL GENERAL MEETING OF RENAULT ON APRIL 24, 2020

FINANCIAL STATEMENTS

GROUPE RENAULT

CORPORATE GOVERNANCE

RENAULT AND ITS SHAREHOLDERS

ADDITIONAL INFORMATION

RENAULT SA ANNUAL FINANCIAL STATEMENTS

Stock options B. For plans current in 2019, options attributed vest after a period of four years, and the exercise period then covers the four following years:

Options outstanding at December 31, 2019

Exercise price (€ )

Plan

Type of plan

Grant date

Exercise period

Plan 18  Plan 19  Plan 20  TOTAL

Stock purchase options Stock purchase options Stock purchase options

April 29, 2011

38,80 26,87 37,43

- 

April 30, 2015 – April 28, 2019

December 8, 2011 December 13, 2012

-

December 9, 2015 – December 7, 2019

 102,987 December 13, 2016 – December 12, 2020

102,987

For non-French tax residents, the vesting period is four years and there is no minimum holding period. As from plan 26, the vesting period is 3 years with no holding period for French or foreign tax residents.

Performance share plans C. For plans 22 to 25, vesting and minimum holding periods are different depending on whether beneficiaries are French tax residents or tax residents of other countries, in order to take account of local tax constraints. The vesting period for shares awarded to French tax residents is three years followed by a holding period of one year (two years for plan 22).

04

Share rights awarded at December 31, 2019

Plan

Type of plan

Grant date

Vesting date

Holding period

Plan 22

Performance shares

February 11, 2015

- -

February 11, 2019*

None

April 29, 2019* April 29, 2020 July 27, 2020*

April 29, 2019 – April 29, 2020

Plan 23

Performance shares Performance shares

April 29, 2016 July 27, 2016

314,610

None None

Plan 23 bis

-

983,010 292,650

February 9, 2020 February 9, 2020 – February 9, 2021

Plan 24

Performance shares

February 9, 2017

February 9, 2021

None

1,062,759

February 15, 2021 February 15, 2021 – February 15, 2022

Plan 25 Plan 26 TOTAL

Performance shares Performance shares

February 15, 2018

278,150

February 15, 2022

None None

June 12, 2019

1,412,150 4,343,329

June 12, 2022

The share rights concerned by this plan expired or vested in 2019. *

Receivables and other assets 4.4.2.11 Receivables mainly comprise: An unbilled receivable of €247 million for performance shares (€299 million in 2018), under the reinvoicing agreement between Renault SA P and Renault s.a.s introduced in 2012; (€ million) At start of year Increases Decreases At year-end Tax receivables Deposit : Income tax 20 (20) 0 CIR : Research Tax Credit 321 160 (325) 156 CICE : Tax Credit 54 (54) 0 Other tax receivables 29 10 (10) 29 TOTAL BEFORE PROVISIONS* 424 170 (409) 185 Impairment CIR : Research Tax Credit (4) 4 0 CICE : Tax Credit (1) 1 0 TOTAL (5) 0 5 0 TOTAL NET 419 170 (404) 185 Current portion (less than one year). * Long-term portion (over 1 year). 28 396 7 179

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GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2019