Groupe Renault - 2019 Universal Registration Document

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OVERVIEW OF RENAULT AND THE GROUP GROUPE RENAULT

The MASTER is also distributed by the Renault Trucks network under the terms of a sales agreement entered into in 2009. Finally, under the Renault-Nissan alliance, an agreement was signed with Nissan for the manufacturing at the Batilly plant of a van developed by Renault based on the MASTER, the NV400. Production and sale of the vehicle began in 2011. In the van segment, as part of the strategic cooperation between the Renault-Nissan alliance and Daimler announced in 2010, Renault has developed Mercedes-Benz’s new urban light commercial vehicle, the KANGOO-based CITAN. It is manufactured in the Maubeuge plant and has been marketed by Mercedes since 2012. In addition, under the Renault-Nissan alliance, an agreement was signed with Nissan for the manufacturing at the Maubeuge plant of a small van developed by Renault based on the KANGOO, the NV250. Production and sale of the vehicle began in late 2019 to replace the NV200. In the pick-up segment, in the context of the Renault-Nissan alliance, Renault signed an agreement with Nissan in 2015 for the development and production of a Renault pick-up, the ALASKAN, based on the Nissan NP300. This vehicle is produced in the Nissan plant in Cuernavaca, Mexico, and was launched commercially in Colombia in 2016. Since 2017, the vehicle has also been manufactured in the Nissan plant in Barcelona (Spain) and marketed in Europe under the name ALASKAN. Accelerating international expansion Various agreements have been signed with local partners (manufacturers and local authorities). In Turkey Groupe Renault and Oyak, Turkey’s largest professional pension fund, have renewed their partnership. Both shareholders of MAIS and Oyak Renault have declared that they will continue their cooperation for another 27 years, signing a new shareholder agreement and new side agreements on June 26, 2018. This contract governs the largest cooperation ever in the Turkish car industry and covers Groupe Renault’s industrial and commercial activities in Turkey. Oyak Renault will continue to play a key role in Groupe Renault’s industrial operations for the production and export of vehicles, engines and transmissions. 2019 saw the successful industrial launch of the new CLIO V. MAIS will continue to manage sales and after-sales operations for vehicles, spare parts and services for the Renault and Dacia brands. These new agreements do not change the distribution of the shareholders’ ownership of each of the entities (MAIS: 51% Oyak Group – 49% Groupe Renault; Oyak Renault: 51% Groupe Renault, 49% Oyak Group). These new contracts demonstrate the strength of the relationship between the two partners, whose common goal is to maintain their industrial and sales leadership in Turkey.

Renault Venture Capital In July 2017, a company was created with an initial capital allocation of €20 million, a wholly-owned subsidiary of Renault whose purpose is to acquire minority stakes in start-ups. RVC aims to promote Renault’s embrace of open innovation and to create links with emerging businesses in the future fields of automotive products and services. This activity, which is an ideal complement to Research and Development carried out internally, create an image of proactivity focused on open innovation and joint development and will allow faster decision-making. In 2019, RVC accordingly financed the launch of a Renault “GeoTwin” spin-off, which hopes to develop a multi-agent urban mobility platform designed to help urban communities and mobility stakeholders to plan and scale their mobility offers to make transportation in cities smoother for users. Three other companies also joined the RVC portfolio in 2019: Devialet, (FR, high-end sound technology), AVSimulation, (FR, virtual driving simulation) and Propheese, (FR, Neurovision image technology). RVC strengthened its commitment to the start-up Jedlix (NL), which has a solution unique in Europe to directly control the charging of vehicles without using electronic charging stations. Light commercial vehicles Renault manages several agreements with Opel, Nissan, Renault Trucks, Daimler and Fiat. In the compact van segment, under a partnership signed with GM Europe in 1996, production of the TRAFIC at the Sandouville plant and the Opel/Vauxhall VIVARO at the GM Europe plant in Luton (United Kingdom) started in 2014. Peugeot SA took over GM’s European operations (Opel/Vauxhall), including the contracts with Renault, in 2017 and decided to stop manufacturing the Opel/Vauxhall VIVARO in Luton in 2018. An end-of-cooperation agreement was signed to that end, and the last vehicles were produced in March 2019. In 2014, Renault signed a cooperation agreement with Fiat for the manufacturing at the Sandouville plant of a compact van developed by Renault based on the TRAFIC, the TALENTO. Production and sale of the vehicle began in 2016. Finally, under the Renault-Nissan alliance, an agreement was signed with Nissan for the manufacturing at the Sandouville plant of a compact van developed by Renault based on the TRAFIC, the NV300. Production and sale of the vehicle began in 2016. In the large van segment, production of the MASTER and the Opel/Vauxhall MOVANO started at the Batilly plant in 2010. Movano was sold to Opel/Vauxhall as part of a commercial agreement signed at the end of 2007.

46 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2019

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