Groupe Renault - 2019 Universal Registration Document

RENAULT: A RESPONSIBLE COMPANY

ANNUAL GENERAL MEETING OF RENAULT ON APRIL 24, 2020

GROUPE RENAULT

CORPORATE GOVERNANCE

FINANCIAL STATEMENTS

RENAULT AND ITS SHAREHOLDERS

ADDITIONAL INFORMATION

OVERVIEW OF RENAULT AND THE GROUP

In China Dongfeng Renault Automotive Company (DRAC), owned equally (50/50) by Dongfeng and Renault, continues its presence on the SUV market with the local production of the KADJAR and KOLEOS, launched in 2016, and the CAPTUR, a new vehicle launched in October 2019. DRAC is located in Wuhan, the capital of Hubei Province. Renault Brillance Jinbei Automotive Company (RBJAC), a joint venture with CBA (China Automotive Holding Limited) since December 2017, is 49% owned by Renault and markets a range of light commercial vehicles under the Jinbei brand. The new industrialization project for the MASTER is underway, with a roll-out scheduled for 2020. RBJAC is located in Shenyang, the capital of Liaoning Province. eGT was created in September 2017 by Renault (25%), Nissan (25%) and Dongfeng (50%). The company is based in Shiyan (Hubei Province) and is dedicated to the development of the K-ZE, an electric vehicle designed for China. The K-ZE was launched in September 2019 and the first vehicles are being sold by DRAC. In April 2019, Renault and Nissan also created a new jointly-owned (50/50) innovation platform in Shanghai called Alliance Innovation Lab Shanghai (AIL-SH). The company is responsible for research and development in connected and autonomous vehicles. Finally, Renault opened a design center in Shanghai. In July 2019, Renault and Jiangling Motors Corporation Group (JMCG) announced the creation of a joint venture controlled by Renault to promote the growth of the electric vehicle industry in China, following an initial agreement signed on December 20, 2018. JMEV is located in Nanchang, the capital of Jiangxi Province. In India In Chennai, the Alliance continues to build its joint production site with Nissan (RNAIPL). Production began in 2010. Currently, the DUSTER, KWID and, since August 2019, the new TRIBER vehicle are produced there for Renault. In 2019, Renault sold nearly 89,000 vehicles. Renault also exports models made in India to Sri Lanka, Nepal, Bhutan and Bangladesh with the support of local importers in those countries. In the same region, the joint venture between Renault and Nissan, RNTBCI, has provided engineering, computer, purchasing and accounting services for all of the entities in the Alliance around the world since 2008. A significant part of its services are performed on behalf of the entities of the Alliance in India, thus contributing to the commercial development of the Alliance in that country. In Iran Renault maintains its presence in strict compliance with the legal restrictions set by international regulations for the country. As a result, Renault decided to drastically limit its activities in Iran. Accordingly, deliveries of KD parts to Iran ceased on August 6, 2018 and Renault Pars limited its activities to after-sales. The Iranian business was taken out of the Group’s consolidated scope in 2013.

In South Africa Following the cooperation agreement signed with Nissan, the LOGAN pick-ups and the SANDERO have been assembled locally in Nissan’s Rosslyn factory since 2009. The NP200 LOGAN pick-up is marketed under the Nissan brand. Since December 2013, Renault South Africa (RSA) has been 40% owned by Renault s.a.s. and 60% by Motus. Motus is the new company created at the end of 2017 to bring all automotive activities of the Imperial Group, Renault’s long-standing commercial partner in the country, together under one roof. This partnership enabled the acceleration of Groupe Renault’s expansion in that country from a 3.0% market share in 2014 to a 4.8% share in 2019. In 2019, the KOLEOS was launched on the market. Renault sales in South Africa reached 27,300 vehicles. In Morocco In 2019, Groupe Renault consolidated its leading position in Morocco. In March 2019, Renault bought Peugeot’s share in the capital of SOMACA, and it now holds 97% of the capital. The Tangiers and SOMACA plants produced over 400,000 vehicles in 2019. Export volumes reached 310,000 vehicles. Thanks to the success of the Dacia and Renault brands, the Group recorded a 42% market share at December 31, 2019. In Algeria The Oran plant is managed by Renault Algérie Production, a partnership between Renault (49%), the SNVI (Société Nationale des Véhicules Industriels, 34%) and the FNI (Fonds National d’Investissement, 17%). Initially planned for production of 25,000 units per year, its capacity has been increased with the industrialization of a third CLIO IV car marketed since April 2018. The factory produced 60,000 vehicles in 2019, the full quota granted by the Algerian government. The environment Renault Environnement, a wholly-owned subsidiary of Renault s.a.s., was founded in mid-2008. Its role is to develop new businesses around the themes of sustainable development and the environment, in line with Groupe Renault’s environmental policy. Renault Environnement has a joint-venture with SITA Recyclage, a subsidiary of Suez, to develop the recycling of ELVs (end-of-life vehicles) and the return to the market of recycled materials and re-used parts. Through its subsidiary Gaïa and its equity investment in Boone Comenor Metalimpex, Renault Environnement also recovers automotive parts (production scrap and end-of-life parts) and

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metallic waste from Group sites. For more details, see section 2.3.

47 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2019