Groupe Renault - 2019 Universal Registration Document

RENAULT PROFILE

Message from Clotilde Delbos

We succeeded in delivering on the commitments made in October

developing in many other countries worldwide in which the Group operates. We have joined the efforts requested by the WHO and States to help stem the propagation of the virus, by adapting our organizations and working methods. At a time when we are doing everything we can to protect our employees and comply with the measures taken by the different governments, at the date of publication of this document, we have stopped the activity of certain of our business establishments and our plants. Given the rapid spread of the pandemic, the continuity of production activities in the Group’s other plants worldwide will depend on the health situation and the government decisions in each country. The impact of this situation on the Group’s results is, at this stage, impossible to assess; we will provide information on the scale of the impact as soon as this is possible. We plan to restart production activities as soon as conditions allow it, and will implement all appropriate measures to effectively meet commercial demand. At the same time, we will continue to undertake the measures required to turn our performance around over the period of our strategic plan, and we know the strengths that we can count on. Firstly, we need to lay the foundations for sound, sustainable performance. We also need to meet

regulatory expectations. To achieve our CAFE 2020 target, we can count on our range of electric and electrified vehicles with the arrival of the New Clio E-Tech, Captur E-Tech Plug-in, New Megane E-Tech Plug-in and the Twingo Z.E. We aim to reduce our structural costs by at least €2 billion over the next three years. We will achieve these goals through team spirit, within Renault and with the Alliance. With the new momentum provided by our Chairman, Jean-Dominique Senard, the Alliance will play a fundamental role in getting our performance back on track. Lastly, we can count on a new management team, comprising talents from inside and outside the Group, with the appointment of Luca de Meo. Under his management, we will set out our strategic ambitions for tomorrow. Together, we will manage this crisis situation and define the foundations for tomorrow’s sound, resilient and sustainable performance. We must take control of our destiny. I am very confident in the ability of the new management team and all Groupe Renault’s teams to meet these challenges together.

Clotilde Delbos Interim Chief Executive Officer and Group Chief Financial Officer March 2020

5 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2019