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

INTERNAL CONTROL AND RISK MANAGEMENT

Regulatory Monitoring Officers are responsible for monitoring, P analyzing and informing operational staff of any regulatory changes impacting RCI Banque as part of the compliance control system put in place to ensure good corporate governance. The Group Regulatory Compliance Officer for the RCI Banque P Group reports to the Chief Executive Officer. This Officer is the guarantor of RCI Banque’s compliance in areas such as the fight against money laundering and terrorist financing, ethics, professional whistle-blowing, prevention of corruption, legal, tax and regulatory oversight and the related control plan. The Director of the Internal Control department ( Département du P Contrôle Interne , DCI), who reports to the Risk Management Director, is responsible for the permanent control of the organization and direction of the general internal control system for the entire Group. In terms of internal control supervision in the RCI Banque group subsidiaries, the Director of the Internal Control department is supported by Internal Controllers who report to him/her functionally. The Internal Controllers report hierarchically to the CEO of the subsidiary. Similarly, the Director of the Internal Control department is supported by employees within the central functions to manage the internal control supervision system within the RCI Banque group departments.

The Director of the Risk and Banking Regulation department P ( Département Risques et Règlementation Bancaire , DRRB), who reports to the Risk Management Director, ensures the deployment of the Risk Governance Policy within the Group and ensures its consistency with the Risk Appetite Framework (RAF) defined by the Board of Directors; ensures the reliability of risk measurement indicators, the completeness of risk management systems for each risk and the effective exercise of such management; controls, more specifically, the effectiveness of the reporting and alert feedback channels from the subsidiaries to the corporate departments and prepares a summary report on the risks for the management bodies and the Risks Committee of the Board of Directors, as appropriate; verifies the adequacy of the corrective measures developed in the event of failures and their effective implementation by the management functions; plays a central role in monitoring the group’s compliance with applicable prudential regulations. The Audit and Periodic Control Director for the RCI Banque group P reports to the Chief Executive Officer. He/she is independent of the Permanent Control department and works with the different subsidiaries based on an annual audit plan validated by the Audit and Accounts Committee. Audits result in written reports including recommendations that are submitted to the Internal Control Committee and the Audit and Accounts Committee. These findings and recommendations are presented in the annual report on internal control.

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97 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2019